Shanghai Material Trading Co (SHSE:600822) Selling, General, & Admin. Expense: ¥39 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:600822 Shanghai Material Trading Co Ltd SHSE:600822
53 GF Score
Price ¥8.64
GF Value ¥6.36
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Shanghai Material Trading Co Selling, General, & Admin. Expense?

Shanghai Material Trading Co SHSE:600822 +1.41% 53 Selling, General, & Admin. Expense is ¥39 Mil as of Jun. 2026. GuruFocus rates SHSE:600822 with a GF Score™ of 53/100 and a GF Value™ of ¥6.36 (Significantly Overvalued). 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. Shanghai Material Trading Co's selling, general, & admin. expense for the three months ended in Jun. 2026 was ¥-36 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥39 Mil.


Shanghai Material Trading Co  (SHSE:600822) 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.


Shanghai Material Trading Co Selling, General, & Admin. Expense Related Terms


Shanghai Material Trading Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Shanghai Material Trading 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.

Shanghai Material Trading Co Selling, General, & Admin. Expense Chart

Shanghai Material Trading 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 67.43 50.34 57.33 57.39 45.53

Shanghai Material Trading 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 -41.25 164.92 -143.20 53.36 -35.68

SHSE:600822 vs MMM, HON: Selling, General, & Admin. Expense Comparison

For the Conglomerates subindustry, Shanghai Material Trading 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.


Shanghai Material Trading Co Selling, General, & Admin. Expense vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Material Trading Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Shanghai Material Trading Co's Selling, General, & Admin. Expense falls into.


SHSE:600822
53GF Score
Shanghai Material Trading Co Ltd SHSE:600822
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Material Trading 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 ¥39 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 ¥39 Mil mean?
Shanghai Material Trading Co (SHSE:600822) has a Selling, General, & Admin. Expense of ¥39 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 Shanghai Material Trading Co and its competitors.
Is Shanghai Material Trading Co's Selling, General, & Admin. Expense too high?
Shanghai Material Trading Co's current Selling, General, & Admin. Expense is ¥39 Mil. Overall, Shanghai Material Trading Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Material Trading Co's Selling, General, & Admin. Expense compare to MMM and HON?
Shanghai Material Trading Co's Selling, General, & Admin. Expense of ¥39 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 Shanghai Material Trading Co and its competitors. Shanghai Material Trading Co's current Selling, General, & Admin. Expense is ¥39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Material Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Material Trading Co (SHSE:600822) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥6.36, compared to a current price of ¥8.64 — trading 35.8% above its estimated fair value. The current Selling, General, & Admin. Expense is ¥39 Mil. Shanghai Material Trading Co's overall GF Score™ is 53/100 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 Shanghai Material Trading Co (SHSE:600822), the current Selling, General, & Admin. Expense is ¥39 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 Shanghai Material Trading Co (SHSE:600822) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Material Trading Co stock appears to be overvalued. The current stock price of ¥8.64 is trading 35.8% above its estimated GF Value™ of ¥6.36. GuruFocus considers Shanghai Material Trading Co to be Significantly Overvalued.

Key valuation signals for SHSE:600822:

  • Selling, General, & Admin. Expense: ¥39 Mil
  • GF Value™: ¥6.36 vs. price of ¥8.64 (35.8% above fair value)
  • GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Material Trading Co Business Description

Other Exchanges 900927:China
Address No. 325 South Suzhou Road, 4th Floor, Shanghai, Shanghai, CHN, 200002
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.
53GF Score

Get the complete analysis for SHSE:600822

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

¥8.64
Price
¥6.36
GF Value