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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. CETC Chips Technology's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was ¥18.3 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥16.4 Mil.
CETC Chips Technology (SHSE:600877) 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.
CETC Chips Technology Selling, General, & Admin. Expense Related Terms
CETC Chips Technology Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for CETC Chips Technology'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.
CETC Chips Technology Selling, General, & Admin. Expense Chart
SHSE:600877 vs NVDA, AVGO, MU: Selling, General, & Admin. Expense Comparison
For the Semiconductors subindustry, CETC Chips Technology'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.
CETC Chips Technology Selling, General, & Admin. Expense vs Semiconductors Industry
For the Semiconductors industry and Technology sector, CETC Chips Technology's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where CETC Chips Technology's Selling, General, & Admin. Expense falls into.
CETC Chips Technology 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 ¥16.4 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 ¥16.4 Mil mean?
CETC Chips Technology (SHSE:600877) has a Selling, General, & Admin. Expense of ¥16.4 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 CETC Chips Technology and its competitors.
Is CETC Chips Technology's Selling, General, & Admin. Expense too high?
CETC Chips Technology's current Selling, General, & Admin. Expense is ¥16.4 Mil. Overall, CETC Chips Technology has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CETC Chips Technology's Selling, General, & Admin. Expense compare to NVDA and AVGO?
CETC Chips Technology's Selling, General, & Admin. Expense of ¥16.4 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Selling, General, & Admin. Expense depends on the Semiconductors 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 CETC Chips Technology and its competitors. CETC Chips Technology's current Selling, General, & Admin. Expense is ¥16.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Chips Technology stock overvalued right now?
Based on GuruFocus' analysis, CETC Chips Technology (SHSE:600877) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.46, compared to a current price of ¥12.33 — trading 30.3% above its estimated fair value. The current Selling, General, & Admin. Expense is ¥16.4 Mil. CETC Chips Technology's overall GF Score™ is 67/100 with 3 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 CETC Chips Technology (SHSE:600877), the current Selling, General, & Admin. Expense is ¥16.4 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 CETC Chips Technology (SHSE:600877) Overvalued in 2026?
Based on GuruFocus' analysis, CETC Chips Technology stock appears to be overvalued.
The current stock price of ¥12.33 is trading 30.3% above its estimated GF Value™ of ¥9.46.
GuruFocus considers CETC Chips Technology to be Modestly Overvalued.
Key valuation signals for SHSE:600877:
Selling, General, & Admin. Expense: ¥16.4 Mil
GF Value™: ¥9.46 vs. price of ¥12.33 (30.3% above fair value)
No single metric tells the full story. See the SHSE:600877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CETC Chips Technology Inc is engaged in the design, research and development, manufacture, testing and sales of silicon-based analog semiconductor chips and their application products.
67GF Score
Get the complete analysis for SHSE:600877
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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