Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Kingboard Holdings's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was $250 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $480 Mil.
Kingboard Holdings (OTCPK:KBDCF) 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.
Kingboard Holdings Selling, General, & Admin. Expense Related Terms
Kingboard Holdings Selling, General, & Admin. Expense Historical Data
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The historical data trend for Kingboard 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.
Kingboard Holdings Selling, General, & Admin. Expense Chart
KBDCF vs HON, MMM: Selling, General, & Admin. Expense Comparison
For the Conglomerates subindustry, Kingboard 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.
Kingboard Holdings Selling, General, & Admin. Expense vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Kingboard Holdings's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Kingboard Holdings's Selling, General, & Admin. Expense falls into.
Kingboard 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $480 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 $480 Mil mean?
Kingboard Holdings (KBDCF) has a Selling, General, & Admin. Expense of $480 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 Kingboard Holdings and its competitors.
Is Kingboard Holdings' Selling, General, & Admin. Expense too high?
Kingboard Holdings' current Selling, General, & Admin. Expense is $480 Mil. Overall, Kingboard Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kingboard Holdings' Selling, General, & Admin. Expense compare to HON and MMM?
Kingboard Holdings' Selling, General, & Admin. Expense of $480 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Selling, General, & Admin. Expense depends on the Conglomerates 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 Kingboard Holdings and its competitors. Kingboard Holdings's current Selling, General, & Admin. Expense is $480 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingboard Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kingboard Holdings (KBDCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.68, compared to a current price of $15.50 — trading 231.2% above its estimated fair value. The current Selling, General, & Admin. Expense is $480 Mil. Kingboard Holdings' overall GF Score™ is 59/100 with 5 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 Kingboard Holdings (KBDCF), the current Selling, General, & Admin. Expense is $480 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 Kingboard Holdings (KBDCF) Overvalued in 2026?
Based on GuruFocus' analysis, Kingboard Holdings stock appears to be overvalued.
The current stock price of $15.50 is trading 231.2% above its estimated GF Value™ of $4.68.
GuruFocus considers Kingboard Holdings to be Significantly Overvalued.
Key valuation signals for KBDCF:
Selling, General, & Admin. Expense: $480 Mil
GF Value™: $4.68 vs. price of $15.50 (231.2% above fair value)
No single metric tells the full story. See the KBDCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingboard Holdings Ltd is an investment holding company in China. It operates in six segments: laminates, printed circuit boards, chemicals, properties, investments, and others, including service income, manufacture, and sale of magnetic products, and hotel business. The company's products include Tar, coke, methanol, benzene, acetic acid, glass epoxy laminate, paper laminate, single and double-sided printed circuit boards, and others. Geographically, it has operations in China, Thailand, Japan, Korea, Singapore, Europe, America, and Africa, out of which China accounts for the majority of the revenue.
59GF 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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