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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Sun Hung Kai Properties's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was €372 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €844 Mil.
Sun Hung Kai Properties (STU:SHG) 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.
Sun Hung Kai Properties Selling, General, & Admin. Expense Related Terms
Sun Hung Kai Properties Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Sun Hung Kai Properties'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.
Sun Hung Kai Properties Selling, General, & Admin. Expense Chart
Sun Hung Kai Properties Selling, General, & Admin. Expense Competitor Comparison
For the Real Estate - Development subindustry, Sun Hung Kai Properties'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.
Sun Hung Kai Properties Selling, General, & Admin. Expense vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sun Hung Kai Properties's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Sun Hung Kai Properties's Selling, General, & Admin. Expense falls into.
Sun Hung Kai Properties 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €844 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 €844 Mil mean?
Sun Hung Kai Properties (STU:SHG) has a Selling, General, & Admin. Expense of €844 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Sun Hung Kai Properties and its competitors.
Is Sun Hung Kai Properties' Selling, General, & Admin. Expense too high?
Sun Hung Kai Properties' current Selling, General, & Admin. Expense is €844 Mil. Overall, Sun Hung Kai Properties has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Hung Kai Properties' Selling, General, & Admin. Expense compare to competitors?
Sun Hung Kai Properties' Selling, General, & Admin. Expense of €844 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate 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 Sun Hung Kai Properties and its competitors. Sun Hung Kai Properties's current Selling, General, & Admin. Expense is €844 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Hung Kai Properties stock overvalued right now?
Based on GuruFocus' analysis, Sun Hung Kai Properties (STU:SHG) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.04, compared to a current price of €12.90 — trading 16.8% above its estimated fair value. The current Selling, General, & Admin. Expense is €844 Mil. Sun Hung Kai Properties' 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 Sun Hung Kai Properties (STU:SHG), the current Selling, General, & Admin. Expense is €844 Mil as of Dec. 2025. 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 Sun Hung Kai Properties (STU:SHG) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Hung Kai Properties stock appears to be overvalued.
The current stock price of €12.90 is trading 16.8% above its estimated GF Value™ of €11.04.
GuruFocus considers Sun Hung Kai Properties to be Modestly Overvalued.
Key valuation signals for STU:SHG:
Selling, General, & Admin. Expense: €844 Mil
GF Value™: €11.04 vs. price of €12.90 (16.8% above fair value)
No single metric tells the full story. See the STU:SHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, office, and retail real estate segments. Most of its business is based in Hong Kong, where it is a leading private housing developer and holds a portfolio of high-quality retail and office properties for rental income. The company also invests in other listed entities, including a telecommunication company, SmarTone, and a data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.
80GF Score
Get the complete analysis for STU:SHG
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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