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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Selling, General, & Admin. Expense : ¥305 Mil (TTM As of Mar. 2024)


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What is Solax Power Network Technology (Zhejiang) Co Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Solax Power Network Technology (Zhejiang) Co's selling, general, & admin. expense for the three months ended in Mar. 2024 was ¥111 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥305 Mil.


Solax Power Network Technology (Zhejiang) Co Selling, General, & Admin. Expense Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) 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.

* Premium members only.

Solax Power Network Technology (Zhejiang) Co Selling, General, & Admin. Expense Chart

Solax Power Network Technology (Zhejiang) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
93.48 73.91 104.16 322.87 358.84

Solax Power Network Technology (Zhejiang) Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 138.77 86.09 38.29 69.30 111.27

Competitive Comparison of Solax Power Network Technology (Zhejiang) Co's Selling, General, & Admin. Expense

For the Solar subindustry, Solax Power Network Technology (Zhejiang) 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.


Solax Power Network Technology (Zhejiang) Co's Selling, General, & Admin. Expense Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solax Power Network Technology (Zhejiang) Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Solax Power Network Technology (Zhejiang) Co's Selling, General, & Admin. Expense falls into.



Solax Power Network Technology (Zhejiang) 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥305 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.


Solax Power Network Technology (Zhejiang) Co  (SHSE:688717) 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.


Solax Power Network Technology (Zhejiang) Co Selling, General, & Admin. Expense Related Terms

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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.

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