Shenzhen Qingyi Photomask (SHSE:688138) Selling, General, & Admin. Expense: ¥18 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:688138 Shenzhen Qingyi Photomask Ltd SHSE:688138
87 GF Score
Price ¥35.45
GF Value ¥31.56
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Shenzhen Qingyi Photomask Selling, General, & Admin. Expense?

Shenzhen Qingyi Photomask SHSE:688138 -2.02% 87 Selling, General, & Admin. Expense is ¥18 Mil as of Jun. 2026. GuruFocus rates SHSE:688138 with a GF Score™ of 87/100 and a GF Value™ of ¥31.56 (Modestly Overvalued). The stock has 4 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. Shenzhen Qingyi Photomask's selling, general, & admin. expense for the three months ended in Jun. 2026 was ¥-13 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥18 Mil.


Shenzhen Qingyi Photomask  (SHSE:688138) 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.


Shenzhen Qingyi Photomask Selling, General, & Admin. Expense Related Terms


Shenzhen Qingyi Photomask Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Shenzhen Qingyi Photomask'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.

Shenzhen Qingyi Photomask Selling, General, & Admin. Expense Chart

Shenzhen Qingyi Photomask 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 15.56 14.82 19.53 25.51 21.11

Shenzhen Qingyi Photomask 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 -7.31 57.83 -48.75 22.61 -13.41

SHSE:688138 vs APH, GLW, TEL: Selling, General, & Admin. Expense Comparison

For the Electronic Components subindustry, Shenzhen Qingyi Photomask'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.


Shenzhen Qingyi Photomask Selling, General, & Admin. Expense vs Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Qingyi Photomask's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Shenzhen Qingyi Photomask's Selling, General, & Admin. Expense falls into.


SHSE:688138
87GF Score
Shenzhen Qingyi Photomask Ltd SHSE:688138
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Qingyi Photomask 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 ¥18 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 ¥18 Mil mean?
Shenzhen Qingyi Photomask (SHSE:688138) has a Selling, General, & Admin. Expense of ¥18 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 Shenzhen Qingyi Photomask and its competitors.
Is Shenzhen Qingyi Photomask's Selling, General, & Admin. Expense too high?
Shenzhen Qingyi Photomask's current Selling, General, & Admin. Expense is ¥18 Mil. Overall, Shenzhen Qingyi Photomask has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Qingyi Photomask's Selling, General, & Admin. Expense compare to APH and GLW?
Shenzhen Qingyi Photomask's Selling, General, & Admin. Expense of ¥18 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Selling, General, & Admin. Expense depends on the Hardware 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 Shenzhen Qingyi Photomask and its competitors. Shenzhen Qingyi Photomask's current Selling, General, & Admin. Expense is ¥18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Qingyi Photomask stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Qingyi Photomask (SHSE:688138) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥31.56, compared to a current price of ¥35.45 — trading 12.3% above its estimated fair value. The current Selling, General, & Admin. Expense is ¥18 Mil. Shenzhen Qingyi Photomask's overall GF Score™ is 87/100 with 4 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 Shenzhen Qingyi Photomask (SHSE:688138), the current Selling, General, & Admin. Expense is ¥18 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 Shenzhen Qingyi Photomask (SHSE:688138) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Qingyi Photomask stock appears to be overvalued. The current stock price of ¥35.45 is trading 12.3% above its estimated GF Value™ of ¥31.56. GuruFocus considers Shenzhen Qingyi Photomask to be Modestly Overvalued.

Key valuation signals for SHSE:688138:

  • Selling, General, & Admin. Expense: ¥18 Mil
  • GF Value™: ¥31.56 vs. price of ¥35.45 (12.3% above fair value)
  • GF Score™: 87/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Qingyi Photomask Business Description

Address Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN
Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.
87GF Score

Get the complete analysis for SHSE:688138

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

¥35.45
Price
¥31.56
GF Value