Shanghai Lingang Holdings (SHSE:600848) Selling, General, & Admin. Expense: ¥185 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

SHSE:600848 Shanghai Lingang Holdings Corp Ltd SHSE:600848
70 GF Score
Price ¥8.52
GF Value ¥10.47
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Shanghai Lingang Holdings Selling, General, & Admin. Expense?

Shanghai Lingang Holdings SHSE:600848 +0.24% 70 Selling, General, & Admin. Expense is ¥185 Mil as of Jun. 2026. GuruFocus rates SHSE:600848 with a GF Score™ of 70/100 and a GF Value™ of ¥10.47 (Modestly Undervalued). The stock has 8 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 Lingang Holdings's selling, general, & admin. expense for the three months ended in Jun. 2026 was ¥-47 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥185 Mil.


Shanghai Lingang Holdings  (SHSE:600848) 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 Lingang Holdings Selling, General, & Admin. Expense Related Terms


Shanghai Lingang Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Shanghai Lingang Holdings'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 Lingang Holdings Selling, General, & Admin. Expense Chart

Shanghai Lingang Holdings 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 129.68 174.32 154.54 179.91 201.46

Shanghai Lingang Holdings 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 -31.55 307.75 -187.21 111.19 -46.64

SHSE:600848 vs CBRE, BEKE, JLL: Selling, General, & Admin. Expense Comparison

For the Real Estate Services subindustry, Shanghai Lingang Holdings'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 Lingang Holdings Selling, General, & Admin. Expense vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Lingang Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Shanghai Lingang Holdings's Selling, General, & Admin. Expense falls into.


SHSE:600848
70GF Score
Shanghai Lingang Holdings Corp Ltd SHSE:600848
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Lingang Holdings 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 ¥185 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 ¥185 Mil mean?
Shanghai Lingang Holdings (SHSE:600848) has a Selling, General, & Admin. Expense of ¥185 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 Lingang Holdings and its competitors.
Is Shanghai Lingang Holdings' Selling, General, & Admin. Expense too high?
Shanghai Lingang Holdings' current Selling, General, & Admin. Expense is ¥185 Mil. Overall, Shanghai Lingang Holdings has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Lingang Holdings' Selling, General, & Admin. Expense compare to CBRE and BEKE?
Shanghai Lingang Holdings' Selling, General, & Admin. Expense of ¥185 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate 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 Lingang Holdings and its competitors. Shanghai Lingang Holdings's current Selling, General, & Admin. Expense is ¥185 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Lingang Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Lingang Holdings (SHSE:600848) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.47, compared to a current price of ¥8.52 — trading 18.6% below its estimated fair value. The current Selling, General, & Admin. Expense is ¥185 Mil. Shanghai Lingang Holdings' overall GF Score™ is 70/100 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 Shanghai Lingang Holdings (SHSE:600848), the current Selling, General, & Admin. Expense is ¥185 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 Lingang Holdings (SHSE:600848) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Lingang Holdings stock appears to be undervalued. The current stock price of ¥8.52 is trading 18.6% below its estimated GF Value™ of ¥10.47. GuruFocus considers Shanghai Lingang Holdings to be Modestly Undervalued.

Key valuation signals for SHSE:600848:

  • Selling, General, & Admin. Expense: ¥185 Mil
  • GF Value™: ¥10.47 vs. price of ¥8.52 (18.6% below fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Lingang Holdings Business Description

Other Exchanges 900928:China
Address No. 1515 Haigang Avenue, 9th Floor, T2 Building, Chuangjing Technology Center, Pudong New Area, Shanghai, CHN, 201306
Shanghai Lingang Holdings Corp Ltd is a real estate company. It provides operations and production services for industrial carriers, park development, and other integrated park services. The types of industrial carriers developed include R&D buildings, headquarters commercial buildings, and bonded logistics warehouses.
70GF Score

Get the complete analysis for SHSE:600848

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

¥8.52
Price
¥10.47
GF Value