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TH International (TH International) Selling, General, & Admin. Expense : $101.3 Mil (TTM As of Mar. 2024)


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What is TH International Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. TH International's selling, general, & admin. expense for the three months ended in Mar. 2024 was $20.6 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was $101.3 Mil.


TH International Selling, General, & Admin. Expense Historical Data

The historical data trend for TH International'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.

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TH International Selling, General, & Admin. Expense Chart

TH International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
11.10 23.10 58.63 87.12 103.86

TH International Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only 23.27 32.77 25.06 22.92 20.56

Competitive Comparison of TH International's Selling, General, & Admin. Expense

For the Restaurants subindustry, TH International'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.


TH International's Selling, General, & Admin. Expense Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TH International's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where TH International's Selling, General, & Admin. Expense falls into.



TH International 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 $101.3 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.


TH International  (NAS:THCH) 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.


TH International Selling, General, & Admin. Expense Related Terms

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TH International (TH International) Business Description

Industry
Traded in Other Exchanges
N/A
Address
227 Huangpi North Road, 2501 Central Plaza, Shanghai, CHN, 200003
TH International Ltd is the parent company of the franchise of Tim Hortons coffee shops for Restaurant Brands International Inc. It is an emerging coffee champion in China. It builds coffee and bake shop in mainland China. Through its Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company's revenue is derived from operations in the PRC.

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