Song Hong Garment JSC (STC:MSH) Selling, General, & Admin. Expense: ₫407,949 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:MSH Song Hong Garment JSC STC:MSH
80 GF Score
Price ₫31,950.00
GF Value ₫34,380.66
Valuation Fairly Valued
! 5 Warning Signs
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What is Song Hong Garment JSC Selling, General, & Admin. Expense?

Song Hong Garment JSC STC:MSH +0.63% 80 Selling, General, & Admin. Expense is ₫407,949 Mil as of Mar. 2026. GuruFocus rates STC:MSH with a GF Score™ of 80/100 and a GF Value™ of ₫34,380.66 (Fairly Valued). The stock has 5 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. Song Hong Garment JSC's selling, general, & admin. expense for the three months ended in Mar. 2026 was ₫37,802 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₫407,949 Mil.


Song Hong Garment JSC  (STC:MSH) 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.


Song Hong Garment JSC Selling, General, & Admin. Expense Related Terms


Song Hong Garment JSC Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Song Hong Garment 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.

Song Hong Garment JSC Selling, General, & Admin. Expense Chart

Song Hong Garment JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 246,432.22 285,183.23 211,633.99 212,912.92 223,964.44

Song Hong Garment 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 40,411.03 130,947.94 129,278.78 109,920.27 37,802.47

STC:MSH vs RL, LEVI, VFC: Selling, General, & Admin. Expense Comparison

For the Apparel Manufacturing subindustry, Song Hong Garment 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.


Song Hong Garment JSC Selling, General, & Admin. Expense vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Song Hong Garment JSC's Selling, General, & Admin. Expense falls into.


STC:MSH
80GF Score
Song Hong Garment JSC STC:MSH
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Song Hong Garment 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 ₫407,949 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 ₫407,949 Mil mean?
Song Hong Garment JSC (STC:MSH) has a Selling, General, & Admin. Expense of ₫407,949 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 Song Hong Garment JSC and its competitors.
Is Song Hong Garment JSC's Selling, General, & Admin. Expense too high?
Song Hong Garment JSC's current Selling, General, & Admin. Expense is ₫407,949 Mil. Overall, Song Hong Garment JSC has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Hong Garment JSC's Selling, General, & Admin. Expense compare to RL and LEVI?
Song Hong Garment JSC's Selling, General, & Admin. Expense of ₫407,949 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Selling, General, & Admin. Expense depends on the Manufacturing - Apparel & Accessories 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 Song Hong Garment JSC and its competitors. Song Hong Garment JSC's current Selling, General, & Admin. Expense is ₫407,949 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,380.66, compared to a current price of ₫31,950.00 — trading 7.1% below its estimated fair value. The current Selling, General, & Admin. Expense is ₫407,949 Mil. Song Hong Garment JSC's overall GF Score™ is 80/100 with 5 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 Song Hong Garment JSC (STC:MSH), the current Selling, General, & Admin. Expense is ₫407,949 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?

Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued. The current stock price of ₫31,950.00 is trading 7.1% below its estimated GF Value™ of ₫34,380.66. GuruFocus considers Song Hong Garment JSC to be Fairly Valued.

Key valuation signals for STC:MSH:

  • Selling, General, & Admin. Expense: ₫407,949 Mil
  • GF Value™: ₫34,380.66 vs. price of ₫31,950.00 (7.1% below fair value)
  • GF Score™: 80/100 with 5 warning signs

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


Song Hong Garment JSC Business Description

Address 105 Nguyen Duc Thuan Street, Nam Dinh Ward, Ninh Binh Province, Nam Dinh, VNM
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
80GF Score

Get the complete analysis for STC:MSH

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

₫31,950.00
Price
₫34,380.66
GF Value