Fidelity China Special Situations (LSE:FCSS) Selling, General, & Admin. Expense: £1.3 Mil (TTM As of Mar. 2026)

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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.

LSE:FCSS Fidelity China Special Situations PLC LSE:FCSS
39 GF Score
Price £2.51
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What is Fidelity China Special Situations Selling, General, & Admin. Expense?

Fidelity China Special Situations LSE:FCSS -3.46% 39 Selling, General, & Admin. Expense is £1.3 Mil as of Mar. 2026. GuruFocus rates LSE:FCSS with a GF Score™ of 39/100. The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Fidelity China Special Situations's selling, general, & admin. expense for the six months ended in Mar. 2026 was £0.7 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was £1.3 Mil.


Fidelity China Special Situations  (LSE:FCSS) 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.


Fidelity China Special Situations Selling, General, & Admin. Expense Related Terms


Fidelity China Special Situations Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Fidelity China Special Situations'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.

Fidelity China Special Situations Selling, General, & Admin. Expense Chart

Fidelity China Special Situations Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.10 1.24 1.24 1.33

Fidelity China Special Situations Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 Premium Member Only 0.57 0.60 0.65 0.61 0.72

LSE:FCSS vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Fidelity China Special Situations'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.


Fidelity China Special Situations Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fidelity China Special Situations's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Fidelity China Special Situations's Selling, General, & Admin. Expense falls into.


LSE:FCSS
39GF Score
Fidelity China Special Situations PLC LSE:FCSS
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Fidelity China Special Situations 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £1.3 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 £1.3 Mil mean?
Fidelity China Special Situations (LSE:FCSS) has a Selling, General, & Admin. Expense of £1.3 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Fidelity China Special Situations and its competitors.
Is Fidelity China Special Situations' Selling, General, & Admin. Expense too high?
Fidelity China Special Situations' current Selling, General, & Admin. Expense is £1.3 Mil. Overall, Fidelity China Special Situations has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Fidelity China Special Situations' Selling, General, & Admin. Expense compare to BLK and BX?
Fidelity China Special Situations' Selling, General, & Admin. Expense of £1.3 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management 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 Fidelity China Special Situations and its competitors. Fidelity China Special Situations's current Selling, General, & Admin. Expense is £1.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity China Special Situations stock overvalued right now?
Fidelity China Special Situations (LSE:FCSS) has a current Selling, General, & Admin. Expense of £1.3 Mil. The current Selling, General, & Admin. Expense is £1.3 Mil. Fidelity China Special Situations' overall GF Score™ is 39/100 with 1 warning sign 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 Fidelity China Special Situations (LSE:FCSS), the current Selling, General, & Admin. Expense is £1.3 Mil as of Mar. 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.

Fidelity China Special Situations Business Description

Address Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity China Special Situations PLC offers investors building a diversified portfolio direct exposure to China. The Company's investment objective is to achieve long-term capital growth through an actively managed portfolio mainly comprising securities issued by companies in China, both listed and unlisted, as well as Chinese companies listed elsewhere. The Company may also invest in companies with interests in China. Its portfolio may consist of equities, index-linked securities, equity-linked notes, other debt securities, cash deposits, money market instruments, foreign currency exchange transactions and other interests, including derivatives such as futures, options and contracts for difference.
39GF 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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