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Central China New Life (HKSE:09983) Selling, General, & Admin. Expense : HK$236 Mil (TTM As of Dec. 2023)


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What is Central China New Life Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Central China New Life's selling, general, & admin. expense for the six months ended in Dec. 2023 was HK$137 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$236 Mil.


Central China New Life Selling, General, & Admin. Expense Historical Data

The historical data trend for Central China New Life's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Central China New Life Selling, General, & Admin. Expense Chart

Central China New Life Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 308.02 386.79 351.13 302.54 235.93

Central China New Life Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 141.01 142.80 166.50 99.36 136.57

Competitive Comparison of Central China New Life's Selling, General, & Admin. Expense

For the Real Estate Services subindustry, Central China New Life's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Central China New Life's Selling, General, & Admin. Expense Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central China New Life's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Central China New Life's Selling, General, & Admin. Expense falls into.



Central China New Life Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$236 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Central China New Life  (HKSE:09983) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Central China New Life Selling, General, & Admin. Expense Related Terms

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Central China New Life (HKSE:09983) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Dirun Road Room 411, 4th floor Building 2 Jianye Office Building, Zhengdong New District, Henan Province, Zhengzhou, CHN
With over 20 years of operating history, Central China New Life, or CCNL, is the largest property management company in central China with geographical focus in Henan province. CCNL generates core revenue from providing property management services as well as value-added services to property owners and non-property owners. CCNL's coverage spans across the main cities in Henan province. The firm also seeks to leverage on the Jianye brand to provide an integrated online-to-offline service app platform called Jianye+ to deepen its penetration in Henan as a leading lifestyle service provider.
Executives
Jpmorgan Chase & Co. 2106 Person having a security interest in shares
Seatown Private Credit (cayman) Feeder Fund Ii Lp
Seatown Private Credit Feeder Fund Lp
Seatown Private Credit Master Fund
Seatown Private Credit Master Fund Ii
Seatown Singapore Feeder Fund Lp
Temasek Holdings (private) Limited
Enjoy Start Limited 2501 Other
Wu Lam Li 2501 Other
Wu Po Sum 2501 Other
Hillhouse Capital Advisors, Ltd. 2102 Investment manager
Gaoling Fund, L.p. 2101 Beneficial owner
Morgan Stanley & Co. International Plc 2105 Underwriter
Morgan Stanley International Holdings Inc. 2201 Interest of corporation controlled by you
Morgan Stanley International Limited 2201 Interest of corporation controlled by you

Central China New Life (HKSE:09983) Headlines

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