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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Hongkong Land Holdings's selling, general, & admin. expense for the
six
months ended in Jun. 2026 was $100 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was $219 Mil.
Hongkong Land Holdings (OTCPK:HNGKY) 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.
Hongkong Land Holdings Selling, General, & Admin. Expense Related Terms
Hongkong Land Holdings Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Hongkong Land Holdings'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.
Hongkong Land Holdings Selling, General, & Admin. Expense Chart
Hongkong Land Holdings Selling, General, & Admin. Expense Competitor Comparison
For the Real Estate - Development subindustry, Hongkong Land Holdings'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.
Hongkong Land Holdings Selling, General, & Admin. Expense vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hongkong Land Holdings's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Hongkong Land Holdings's Selling, General, & Admin. Expense falls into.
Hongkong Land Holdings 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $219 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.
What does a Selling, General, & Admin. Expense of $219 Mil mean?
Hongkong Land Holdings (HNGKY) has a Selling, General, & Admin. Expense of $219 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Hongkong Land Holdings and its competitors.
Is Hongkong Land Holdings' Selling, General, & Admin. Expense too high?
Hongkong Land Holdings' current Selling, General, & Admin. Expense is $219 Mil. Overall, Hongkong Land Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hongkong Land Holdings' Selling, General, & Admin. Expense compare to competitors?
Hongkong Land Holdings' Selling, General, & Admin. Expense of $219 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Hongkong Land Holdings and its competitors. Hongkong Land Holdings's current Selling, General, & Admin. Expense is $219 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hongkong Land Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hongkong Land Holdings (HNGKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.79, compared to a current price of $42.50 — trading 187.4% above its estimated fair value. The current Selling, General, & Admin. Expense is $219 Mil. Hongkong Land Holdings' overall GF Score™ is 54/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Hongkong Land Holdings (HNGKY), the current Selling, General, & Admin. Expense is $219 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hongkong Land Holdings (HNGKY) Overvalued in 2026?
Based on GuruFocus' analysis, Hongkong Land Holdings stock appears to be overvalued.
The current stock price of $42.50 is trading 187.4% above its estimated GF Value™ of $14.79.
GuruFocus considers Hongkong Land Holdings to be Significantly Overvalued.
Key valuation signals for HNGKY:
Selling, General, & Admin. Expense: $219 Mil
GF Value™: $14.79 vs. price of $42.50 (187.4% above fair value)
No single metric tells the full story. See the HNGKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China, and Singapore. It is the largest office landlord in Hong Kong's Central Business District, and the second largest in Hong Kong overall. The Central portfolio includes 4.0 million square feet of office space and 0.5 million square feet of retail area. The company is also expanding its fund management business to build a recurring stream of fee income. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.
54GF Score
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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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