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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Hengtong Optic-Electric Co's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was ¥694 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,357 Mil.
Hengtong Optic-Electric Co (SHSE:600487) 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.
Hengtong Optic-Electric Co Selling, General, & Admin. Expense Related Terms
Hengtong Optic-Electric Co Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Hengtong Optic-Electric 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.
Hengtong Optic-Electric Co Selling, General, & Admin. Expense Chart
SHSE:600487 vs CSCO, MSI, HPE: Selling, General, & Admin. Expense Comparison
For the Communication Equipment subindustry, Hengtong Optic-Electric 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.
Hengtong Optic-Electric Co Selling, General, & Admin. Expense vs Hardware Industry
For the Hardware industry and Technology sector, Hengtong Optic-Electric Co's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Hengtong Optic-Electric Co's Selling, General, & Admin. Expense falls into.
Hengtong Optic-Electric 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,357 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 ¥1,357 Mil mean?
Hengtong Optic-Electric Co (SHSE:600487) has a Selling, General, & Admin. Expense of ¥1,357 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 Hengtong Optic-Electric Co and its competitors.
Is Hengtong Optic-Electric Co's Selling, General, & Admin. Expense too high?
Hengtong Optic-Electric Co's current Selling, General, & Admin. Expense is ¥1,357 Mil. Overall, Hengtong Optic-Electric Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengtong Optic-Electric Co's Selling, General, & Admin. Expense compare to CSCO and MSI?
Hengtong Optic-Electric Co's Selling, General, & Admin. Expense of ¥1,357 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Selling, General, & Admin. Expense depends on the Hardware 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 Hengtong Optic-Electric Co and its competitors. Hengtong Optic-Electric Co's current Selling, General, & Admin. Expense is ¥1,357 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengtong Optic-Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Hengtong Optic-Electric Co (SHSE:600487) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.71, compared to a current price of ¥58.91 — trading 159.4% above its estimated fair value. The current Selling, General, & Admin. Expense is ¥1,357 Mil. Hengtong Optic-Electric Co's overall GF Score™ is 72/100 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 Hengtong Optic-Electric Co (SHSE:600487), the current Selling, General, & Admin. Expense is ¥1,357 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.
Is Hengtong Optic-Electric Co (SHSE:600487) Overvalued in 2026?
Based on GuruFocus' analysis, Hengtong Optic-Electric Co stock appears to be overvalued.
The current stock price of ¥58.91 is trading 159.4% above its estimated GF Value™ of ¥22.71.
GuruFocus considers Hengtong Optic-Electric Co to be Significantly Overvalued.
Key valuation signals for SHSE:600487:
Selling, General, & Admin. Expense: ¥1,357 Mil
GF Value™: ¥22.71 vs. price of ¥58.91 (159.4% above fair value)
No single metric tells the full story. See the SHSE:600487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengtong Optic-Electric Co Ltd provides fiber optic communication products in China and internationally. It offers optical rods, optical fiber, optical cable, optical devices, an optical network, ocean optical network products, data communication products, power transmission products, ocean engineering, quantum security communications, rail transit, and smart city products.
72GF Score
Get the complete analysis for SHSE:600487
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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