Everbright Securities Co (SHSE:601788) Selling, General, & Admin. Expense: ¥1,384 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:601788 Everbright Securities Co Ltd SHSE:601788
60 GF Score
Price ¥13.97
GF Value ¥20.27
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Everbright Securities Co Selling, General, & Admin. Expense?

Everbright Securities Co SHSE:601788 -2.99% 60 Selling, General, & Admin. Expense is ¥1,384 Mil as of Jun. 2026. GuruFocus rates SHSE:601788 with a GF Score™ of 60/100 and a GF Value™ of ¥20.27 (Significantly Undervalued). The stock has 3 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. Everbright Securities Co's selling, general, & admin. expense for the three months ended in Jun. 2026 was ¥-858 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥1,384 Mil.


Everbright Securities Co  (SHSE:601788) 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.


Everbright Securities Co Selling, General, & Admin. Expense Related Terms


Everbright Securities Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Everbright Securities 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.

Everbright Securities Co Selling, General, & Admin. Expense Chart

Everbright Securities 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 1,408.67 1,226.72 1,301.48 1,212.81 1,286.87

Everbright Securities 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 -894.55 4,130.96 -3,418.09 1,529.59 -858.24

SHSE:601788 vs MS, GS, SCHW: Selling, General, & Admin. Expense Comparison

For the Capital Markets subindustry, Everbright Securities 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.


Everbright Securities Co Selling, General, & Admin. Expense vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Everbright Securities Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Everbright Securities Co's Selling, General, & Admin. Expense falls into.


SHSE:601788
60GF Score
Everbright Securities Co Ltd SHSE:601788
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Everbright Securities 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 ¥1,384 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 ¥1,384 Mil mean?
Everbright Securities Co (SHSE:601788) has a Selling, General, & Admin. Expense of ¥1,384 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 Everbright Securities Co and its competitors.
Is Everbright Securities Co's Selling, General, & Admin. Expense too high?
Everbright Securities Co's current Selling, General, & Admin. Expense is ¥1,384 Mil. Overall, Everbright Securities Co has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Everbright Securities Co's Selling, General, & Admin. Expense compare to MS and GS?
Everbright Securities Co's Selling, General, & Admin. Expense of ¥1,384 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets 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 Everbright Securities Co and its competitors. Everbright Securities Co's current Selling, General, & Admin. Expense is ¥1,384 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everbright Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Everbright Securities Co (SHSE:601788) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.27, compared to a current price of ¥13.97 — trading 31.1% below its estimated fair value. The current Selling, General, & Admin. Expense is ¥1,384 Mil. Everbright Securities Co's overall GF Score™ is 60/100 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 Everbright Securities Co (SHSE:601788), the current Selling, General, & Admin. Expense is ¥1,384 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 Everbright Securities Co (SHSE:601788) Overvalued in 2026?

Based on GuruFocus' analysis, Everbright Securities Co stock appears to be undervalued. The current stock price of ¥13.97 is trading 31.1% below its estimated GF Value™ of ¥20.27. GuruFocus considers Everbright Securities Co to be Significantly Undervalued.

Key valuation signals for SHSE:601788:

  • Selling, General, & Admin. Expense: ¥1,384 Mil
  • GF Value™: ¥20.27 vs. price of ¥13.97 (31.1% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the SHSE:601788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Everbright Securities Co Business Description

Other Exchanges 06178:Hong Kong
Address 108 Gloucester Road, 12th Floor, Everbright Centre, Wan Chai, Hong Kong, HKG
Everbright Securities Co Ltd is a China-based company engaged in providing brokerage and investment consulting services. The company focuses on market entities such as retail clients, institutional clients, and corporate clients, using capital intermediation as a link to build six business clusters: wealth management, corporate finance, institutional clients, investment trading, asset management, and equity investment. The company's segments include Wealth management business, Corporate financing business, Institutional customer business, Investment trading business, Asset management business, and Equity investment business. It generates the majority of its revenue from the wealth management business segment.
60GF Score

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

¥13.97
Price
¥20.27
GF Value