Hai An Transport and Stevedoring JSC (STC:HAH) Selling, General, & Admin. Expense: ₫40,460 Mil (TTM As of Mar. 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.

STC:HAH Hai An Transport and Stevedoring JSC STC:HAH
95 GF Score
Price ₫44,900.00
GF Value ₫60,494.91
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Hai An Transport and Stevedoring JSC Selling, General, & Admin. Expense?

Hai An Transport and Stevedoring JSC STC:HAH -2.81% 95 Selling, General, & Admin. Expense is ₫40,460 Mil as of Mar. 2026. GuruFocus rates STC:HAH with a GF Score™ of 95/100 and a GF Value™ of ₫60,494.91 (Modestly 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. Hai An Transport and Stevedoring JSC's selling, general, & admin. expense for the three months ended in Mar. 2026 was ₫14,209 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₫40,460 Mil.


Hai An Transport and Stevedoring JSC  (STC:HAH) 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.


Hai An Transport and Stevedoring JSC Selling, General, & Admin. Expense Related Terms


Hai An Transport and Stevedoring JSC Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Hai An Transport and Stevedoring JSC'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.

Hai An Transport and Stevedoring JSC Selling, General, & Admin. Expense Chart

Hai An Transport and Stevedoring JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 30,199.73 37,798.11 43,705.16 61,329.68 39,144.36

Hai An Transport and Stevedoring JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10,063.73 1,753.70 15,013.39 9,484.08 14,208.73

Hai An Transport and Stevedoring JSC Selling, General, & Admin. Expense Competitor Comparison

For the Marine Shipping subindustry, Hai An Transport and Stevedoring JSC'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.


Hai An Transport and Stevedoring JSC Selling, General, & Admin. Expense vs Transportation Industry

For the Transportation industry and Industrials sector, Hai An Transport and Stevedoring JSC's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Hai An Transport and Stevedoring JSC's Selling, General, & Admin. Expense falls into.


STC:HAH
95GF Score
Hai An Transport and Stevedoring JSC STC:HAH
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Hai An Transport and Stevedoring JSC 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 ₫40,460 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 ₫40,460 Mil mean?
Hai An Transport and Stevedoring JSC (STC:HAH) has a Selling, General, & Admin. Expense of ₫40,460 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 Hai An Transport and Stevedoring JSC and its competitors.
Is Hai An Transport and Stevedoring JSC's Selling, General, & Admin. Expense too high?
Hai An Transport and Stevedoring JSC's current Selling, General, & Admin. Expense is ₫40,460 Mil. Overall, Hai An Transport and Stevedoring JSC has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hai An Transport and Stevedoring JSC's Selling, General, & Admin. Expense compare to competitors?
Hai An Transport and Stevedoring JSC's Selling, General, & Admin. Expense of ₫40,460 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Selling, General, & Admin. Expense depends on the Transportation 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 Hai An Transport and Stevedoring JSC and its competitors. Hai An Transport and Stevedoring JSC's current Selling, General, & Admin. Expense is ₫40,460 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hai An Transport and Stevedoring JSC stock overvalued right now?
Based on GuruFocus' analysis, Hai An Transport and Stevedoring JSC (STC:HAH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫60,494.91, compared to a current price of ₫44,900.00 — trading 25.8% below its estimated fair value. The current Selling, General, & Admin. Expense is ₫40,460 Mil. Hai An Transport and Stevedoring JSC's overall GF Score™ is 95/100 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 Hai An Transport and Stevedoring JSC (STC:HAH), the current Selling, General, & Admin. Expense is ₫40,460 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 Hai An Transport and Stevedoring JSC (STC:HAH) Overvalued in 2026?

Based on GuruFocus' analysis, Hai An Transport and Stevedoring JSC stock appears to be undervalued. The current stock price of ₫44,900.00 is trading 25.8% below its estimated GF Value™ of ₫60,494.91. GuruFocus considers Hai An Transport and Stevedoring JSC to be Modestly Undervalued.

Key valuation signals for STC:HAH:

  • Selling, General, & Admin. Expense: ₫40,460 Mil
  • GF Value™: ₫60,494.91 vs. price of ₫44,900.00 (25.8% below fair value)
  • GF Score™: 95/100 with 3 warning signs

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


Hai An Transport and Stevedoring JSC Business Description

Address No. 45 Trieu Viet Vuong, 7th Floor, Nguyen Du Ward, Hai Ba Trung District, Hanoi, VNM
Hai An Transport and Stevedoring JSC is engaged in the transportation and storage of goods through vessels. It is involved in Domestic, coastal and marine freight transport services, Seaport cargo stevedoring; Road transportation, direct support services for marine transportation, and other transport-related support services. The company is also engaged in warehousing leasing, and maritime transportation.
95GF 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.

₫44,900.00
Price
₫60,494.91
GF Value