JDLGF (JD Logistics) Selling, General, & Admin. Expense: $1,515 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JDLGF JD Logistics Inc JDLGF
76 GF Score
Price $1.53
GF Value $1.83
Valuation Modestly Undervalued
! 3 Warning Signs
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What is JD Logistics Selling, General, & Admin. Expense?

JD Logistics JDLGF 76 Selling, General, & Admin. Expense is $1,515 Mil as of Dec. 2025. GuruFocus rates JDLGF with a GF Score™ of 76/100 and a GF Value™ of $1.83 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. JD Logistics's selling, general, & admin. expense for the three months ended in Dec. 2025 was $401 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $1,515 Mil.


JD Logistics  (OTCPK:JDLGF) 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.


JD Logistics Selling, General, & Admin. Expense Related Terms


JD Logistics Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for JD Logistics'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.

JD Logistics Selling, General, & Admin. Expense Chart

JD Logistics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 933.48 1,035.50 1,169.69 1,239.16 1,456.28

JD Logistics Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 316.11 349.09 370.22 400.58 395.53

JDLGF vs UPS, FDX, JBHT: Selling, General, & Admin. Expense Comparison

For the Integrated Freight & Logistics subindustry, JD Logistics'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.


JD Logistics Selling, General, & Admin. Expense vs Transportation Industry

For the Transportation industry and Industrials sector, JD Logistics's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where JD Logistics's Selling, General, & Admin. Expense falls into.


JDLGF
76GF Score
JD Logistics Inc JDLGF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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JD Logistics 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,515 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 $1,515 Mil mean?
JD Logistics (JDLGF) has a Selling, General, & Admin. Expense of $1,515 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on JD Logistics and its competitors.
Is JD Logistics' Selling, General, & Admin. Expense too high?
JD Logistics' current Selling, General, & Admin. Expense is $1,515 Mil. Overall, JD Logistics has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JD Logistics' Selling, General, & Admin. Expense compare to UPS and FDX?
JD Logistics' Selling, General, & Admin. Expense of $1,515 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Selling, General, & Admin. Expense depends on the Transportation 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 JD Logistics and its competitors. JD Logistics's current Selling, General, & Admin. Expense is $1,515 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD Logistics stock overvalued right now?
Based on GuruFocus' analysis, JD Logistics (JDLGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.83, compared to a current price of $1.53 — trading 16.7% below its estimated fair value. The current Selling, General, & Admin. Expense is $1,515 Mil. JD Logistics' overall GF Score™ is 76/100 with 3 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 JD Logistics (JDLGF), the current Selling, General, & Admin. Expense is $1,515 Mil as of Dec. 2025. 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 JD Logistics (JDLGF) Overvalued in 2026?

Based on GuruFocus' analysis, JD Logistics stock appears to be undervalued. The current stock price of $1.53 is trading 16.7% below its estimated GF Value™ of $1.83. GuruFocus considers JD Logistics to be Modestly Undervalued.

Key valuation signals for JDLGF:

  • Selling, General, & Admin. Expense: $1,515 Mil
  • GF Value™: $1.83 vs. price of $1.53 (16.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the JDLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JD Logistics Business Description

Other Exchanges 02618:Hong Kong822:Germany
Address No. 20 Kechuang 11 Street, 8th Floor, Building B, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111
JD Logistics, owned by leading China e-commerce company JD.com, is a technology-driven supply chain solutions and logistics services provider in China. It offers a full spectrum of supply chain solutions and logistics services, ranging from warehousing to distribution, spanning manufacturing to end customers, covering regular and specialized items. JDL services include formulating and executing supply chain strategies. Customers come from a wide array of industries, such as fast-moving consumer goods; apparel; home appliances; home furniture; computers, consumer electronics, and communications; automotive; and fresh produce, among others.
76GF Score

Get the complete analysis for JDLGF

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.53
Price
$1.83
GF Value