TNHDF (Times Neighborhood Holdings) Selling, General, & Admin. Expense: $37.3 Mil (TTM As of Dec. 2025)

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.

TNHDF Times Neighborhood Holdings Ltd TNHDF
64 GF Score
Price $0.04
GF Value $0.04
! 4 Warning Signs
View Full Analysis

What is Times Neighborhood Holdings Selling, General, & Admin. Expense?

Times Neighborhood Holdings TNHDF 64 Selling, General, & Admin. Expense is $37.3 Mil as of Dec. 2025. GuruFocus rates TNHDF with a GF Score™ of 64/100 and a GF Value™ of $0.04. The stock has 4 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. Times Neighborhood Holdings's selling, general, & admin. expense for the six months ended in Dec. 2025 was $20.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $37.3 Mil.


Times Neighborhood Holdings  (OTCPK:TNHDF) 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.


Times Neighborhood Holdings Selling, General, & Admin. Expense Related Terms


Times Neighborhood Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Times Neighborhood Holdings'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.

Times Neighborhood Holdings Selling, General, & Admin. Expense Chart

Times Neighborhood Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.07 53.43 44.54 38.10 37.62

Times Neighborhood Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 24.13 17.64 20.52 16.37 20.93

TNHDF vs CBRE, BEKE, JLL: Selling, General, & Admin. Expense Comparison

For the Real Estate Services subindustry, Times Neighborhood Holdings'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.


Times Neighborhood Holdings Selling, General, & Admin. Expense vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Times Neighborhood Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Times Neighborhood Holdings's Selling, General, & Admin. Expense falls into.


TNHDF
64GF Score
Times Neighborhood Holdings Ltd TNHDF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Times Neighborhood Holdings 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 $37.3 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.

What does a Selling, General, & Admin. Expense of $37.3 Mil mean?
Times Neighborhood Holdings (TNHDF) has a Selling, General, & Admin. Expense of $37.3 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 Times Neighborhood Holdings and its competitors.
Is Times Neighborhood Holdings' Selling, General, & Admin. Expense too high?
Times Neighborhood Holdings' current Selling, General, & Admin. Expense is $37.3 Mil. Overall, Times Neighborhood Holdings has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Times Neighborhood Holdings' Selling, General, & Admin. Expense compare to CBRE and BEKE?
Times Neighborhood Holdings' Selling, General, & Admin. Expense of $37.3 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 Times Neighborhood Holdings and its competitors. Times Neighborhood Holdings's current Selling, General, & Admin. Expense is $37.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Times Neighborhood Holdings stock overvalued right now?
Times Neighborhood Holdings (TNHDF) has a current Selling, General, & Admin. Expense of $37.3 Mil. The stock's GF Value™ is $0.04, compared to a current price of $0.04 — trading 8.8% below its estimated fair value. The current Selling, General, & Admin. Expense is $37.3 Mil. Times Neighborhood Holdings' overall GF Score™ is 64/100 with 4 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 Times Neighborhood Holdings (TNHDF), the current Selling, General, & Admin. Expense is $37.3 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 Times Neighborhood Holdings (TNHDF) Overvalued in 2026?

Based on GuruFocus' analysis, Times Neighborhood Holdings stock appears to be undervalued. The current stock price of $0.04 is trading 8.8% below its estimated GF Value™ of $0.04.

Key valuation signals for TNHDF:

  • Selling, General, & Admin. Expense: $37.3 Mil
  • GF Value™: $0.04 vs. price of $0.04 (8.8% below fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Times Neighborhood Holdings Business Description

Other Exchanges 09928:Hong Kong
Address No. 410 Dongfeng Middle Road, Room 1103, 11th Floor, Yuexiu District, Guangdong Province, Guangzhou, CHN
Times Neighborhood Holdings Ltd is a growing urban comprehensive service operator in China, providing high-quality community services, urban services for diversified property types such as residences, industrial and logistics real estate, public buildings and other urban spaces. Its main business includes property management services, community value-added services and other professional services, comprehensively covering the entire property management value chain. It manages a diversified portfolio of properties, and in addition to focusing on the three businesses of residential, industrial parks and public buildings, it also manages commercial properties, office buildings, urban space and other businesses. Geographically, it derives revenue from Mainland China.
64GF Score

Get the complete analysis for TNHDF

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

$0.04
Price
$0.04
GF Value