Offshore Oil Engineering Co (SHSE:600583) Selling, General, & Admin. Expense: ¥122 Mil (TTM As of Jun. 2026)

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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.

SHSE:600583 Offshore Oil Engineering Co Ltd SHSE:600583
83 GF Score
Price ¥6.02
GF Value ¥5.64
Valuation Fairly Valued
! 2 Warning Signs
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What is Offshore Oil Engineering Co Selling, General, & Admin. Expense?

Offshore Oil Engineering Co SHSE:600583 +7.31% 83 Selling, General, & Admin. Expense is ¥122 Mil as of Jun. 2026. GuruFocus rates SHSE:600583 with a GF Score™ of 83/100 and a GF Value™ of ¥5.64 (Fairly Valued). The stock has 2 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. Offshore Oil Engineering Co's selling, general, & admin. expense for the three months ended in Jun. 2026 was ¥-63 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥122 Mil.


Offshore Oil Engineering Co  (SHSE:600583) 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.


Offshore Oil Engineering Co Selling, General, & Admin. Expense Related Terms


Offshore Oil Engineering Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Offshore Oil Engineering 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.

Offshore Oil Engineering Co Selling, General, & Admin. Expense Chart

Offshore Oil Engineering Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.29 46.44 81.37 114.98 124.62

Offshore Oil Engineering Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -45.03 208.72 -114.19 90.74 -63.48

SHSE:600583 vs SLB, BKR, FTI: Selling, General, & Admin. Expense Comparison

For the Oil & Gas Equipment & Services subindustry, Offshore Oil Engineering 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.


Offshore Oil Engineering Co Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Offshore Oil Engineering Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Offshore Oil Engineering Co's Selling, General, & Admin. Expense falls into.


SHSE:600583
83GF Score
Offshore Oil Engineering Co Ltd SHSE:600583
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Offshore Oil Engineering 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 ¥122 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 ¥122 Mil mean?
Offshore Oil Engineering Co (SHSE:600583) has a Selling, General, & Admin. Expense of ¥122 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 Offshore Oil Engineering Co and its competitors.
Is Offshore Oil Engineering Co's Selling, General, & Admin. Expense too high?
Offshore Oil Engineering Co's current Selling, General, & Admin. Expense is ¥122 Mil. Overall, Offshore Oil Engineering Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Offshore Oil Engineering Co's Selling, General, & Admin. Expense compare to SLB and BKR?
Offshore Oil Engineering Co's Selling, General, & Admin. Expense of ¥122 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas 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 Offshore Oil Engineering Co and its competitors. Offshore Oil Engineering Co's current Selling, General, & Admin. Expense is ¥122 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Offshore Oil Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Offshore Oil Engineering Co (SHSE:600583) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.64, compared to a current price of ¥6.02 — trading 6.7% above its estimated fair value. The current Selling, General, & Admin. Expense is ¥122 Mil. Offshore Oil Engineering Co's overall GF Score™ is 83/100 with 2 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 Offshore Oil Engineering Co (SHSE:600583), the current Selling, General, & Admin. Expense is ¥122 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 Offshore Oil Engineering Co (SHSE:600583) Overvalued in 2026?

Based on GuruFocus' analysis, Offshore Oil Engineering Co stock appears to be overvalued. The current stock price of ¥6.02 is trading 6.7% above its estimated GF Value™ of ¥5.64. GuruFocus considers Offshore Oil Engineering Co to be Fairly Valued.

Key valuation signals for SHSE:600583:

  • Selling, General, & Admin. Expense: ¥122 Mil
  • GF Value™: ¥5.64 vs. price of ¥6.02 (6.7% above fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Offshore Oil Engineering Co Business Description

Industry EnergyOil & Gas
Address No. 199, Haibin 15 Road, TianjinPort Free Trade Zone, Tianjin, CHN, 300461
Offshore Oil Engineering Co Ltd operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides technical services, subsea pipe maintenance, and other services for offshore oil underwater engineering; oil-gas field development and repair services; and consulting services for deep-sea engineering.
83GF Score

Get the complete analysis for SHSE:600583

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

¥6.02
Price
¥5.64
GF Value