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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Shandong Hi-Speed Co's selling, general, & admin. expense for the
three
months ended in Jun. 2026 was ¥-132 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥197 Mil.
Shandong Hi-Speed Co (SHSE:600350) 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.
Shandong Hi-Speed Co Selling, General, & Admin. Expense Related Terms
Shandong Hi-Speed Co Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Shandong Hi-Speed Co'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.
Shandong Hi-Speed Co Selling, General, & Admin. Expense Chart
Shandong Hi-Speed Co Selling, General, & Admin. Expense Competitor Comparison
For the Infrastructure Operations subindustry, Shandong Hi-Speed Co'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.
Shandong Hi-Speed Co Selling, General, & Admin. Expense vs Construction Industry
For the Construction industry and Industrials sector, Shandong Hi-Speed Co's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Shandong Hi-Speed Co's Selling, General, & Admin. Expense falls into.
Shandong Hi-Speed Co 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 quarterly data reported by the company within the most recent 12 months, which was ¥197 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 ¥197 Mil mean?
Shandong Hi-Speed Co (SHSE:600350) has a Selling, General, & Admin. Expense of ¥197 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 Shandong Hi-Speed Co and its competitors.
Is Shandong Hi-Speed Co's Selling, General, & Admin. Expense too high?
Shandong Hi-Speed Co's current Selling, General, & Admin. Expense is ¥197 Mil. Overall, Shandong Hi-Speed Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hi-Speed Co's Selling, General, & Admin. Expense compare to competitors?
Shandong Hi-Speed Co's Selling, General, & Admin. Expense of ¥197 Mil can be compared against companies in the Construction 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 Construction company?
A good Selling, General, & Admin. Expense depends on the Construction 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 Shandong Hi-Speed Co and its competitors. Shandong Hi-Speed Co's current Selling, General, & Admin. Expense is ¥197 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hi-Speed Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hi-Speed Co (SHSE:600350) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.20, compared to a current price of ¥10.15 — trading 23.8% above its estimated fair value. The current Selling, General, & Admin. Expense is ¥197 Mil. Shandong Hi-Speed Co's overall GF Score™ is 67/100 with 8 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 Shandong Hi-Speed Co (SHSE:600350), the current Selling, General, & Admin. Expense is ¥197 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 Shandong Hi-Speed Co (SHSE:600350) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Hi-Speed Co stock appears to be overvalued.
The current stock price of ¥10.15 is trading 23.8% above its estimated GF Value™ of ¥8.20.
GuruFocus considers Shandong Hi-Speed Co to be Modestly Overvalued.
Key valuation signals for SHSE:600350:
Selling, General, & Admin. Expense: ¥197 Mil
GF Value™: ¥8.20 vs. price of ¥10.15 (23.8% above fair value)
No single metric tells the full story. See the SHSE:600350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.
67GF Score
Get the complete analysis for SHSE:600350
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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