I-Hwa Indusstrial Co (TPE:1456) Selling, General, & Admin. Expense: NT$123.1 Mil (TTM As of Mar. 2026)

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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.
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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.

TPE:1456 I-Hwa Indusstrial Co Ltd TPE:1456
66 GF Score
Price NT$13.85
GF Value NT$12.66
Valuation Fairly Valued
! 6 Warning Signs
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What is I-Hwa Indusstrial Co Selling, General, & Admin. Expense?

I-Hwa Indusstrial Co TPE:1456 +2.21% 66 Selling, General, & Admin. Expense is NT$123.1 Mil as of Mar. 2026. GuruFocus rates TPE:1456 with a GF Score™ of 66/100 and a GF Value™ of NT$12.66 (Fairly Valued). The stock has 6 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. I-Hwa Indusstrial Co's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$32.2 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$123.1 Mil.


I-Hwa Indusstrial Co  (TPE:1456) 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.


I-Hwa Indusstrial Co Selling, General, & Admin. Expense Related Terms


I-Hwa Indusstrial Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for I-Hwa Indusstrial Co'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.

I-Hwa Indusstrial Co Selling, General, & Admin. Expense Chart

I-Hwa Indusstrial Co 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 212.53 107.36 183.05 140.56 123.31

I-Hwa Indusstrial Co 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 32.43 34.59 27.08 29.22 32.23

TPE:1456 vs CBRE, BEKE, JLL: Selling, General, & Admin. Expense Comparison

For the Real Estate Services subindustry, I-Hwa Indusstrial Co'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.


I-Hwa Indusstrial Co Selling, General, & Admin. Expense vs Real Estate Industry

For the Real Estate industry and Real Estate sector, I-Hwa Indusstrial Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where I-Hwa Indusstrial Co's Selling, General, & Admin. Expense falls into.


TPE:1456
66GF Score
I-Hwa Indusstrial Co Ltd TPE:1456
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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I-Hwa Indusstrial Co 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 NT$123.1 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 NT$123.1 Mil mean?
I-Hwa Indusstrial Co (TPE:1456) has a Selling, General, & Admin. Expense of NT$123.1 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 I-Hwa Indusstrial Co and its competitors.
Is I-Hwa Indusstrial Co's Selling, General, & Admin. Expense too high?
I-Hwa Indusstrial Co's current Selling, General, & Admin. Expense is NT$123.1 Mil. Overall, I-Hwa Indusstrial Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does I-Hwa Indusstrial Co's Selling, General, & Admin. Expense compare to CBRE and BEKE?
I-Hwa Indusstrial Co's Selling, General, & Admin. Expense of NT$123.1 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 I-Hwa Indusstrial Co and its competitors. I-Hwa Indusstrial Co's current Selling, General, & Admin. Expense is NT$123.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I-Hwa Indusstrial Co stock overvalued right now?
Based on GuruFocus' analysis, I-Hwa Indusstrial Co (TPE:1456) is currently considered Fairly Valued. The stock's GF Value™ is NT$12.66, compared to a current price of NT$13.85 — trading 9.4% above its estimated fair value. The current Selling, General, & Admin. Expense is NT$123.1 Mil. I-Hwa Indusstrial Co's overall GF Score™ is 66/100 with 6 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 I-Hwa Indusstrial Co (TPE:1456), the current Selling, General, & Admin. Expense is NT$123.1 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 I-Hwa Indusstrial Co (TPE:1456) Overvalued in 2026?

Based on GuruFocus' analysis, I-Hwa Indusstrial Co stock appears to be overvalued. The current stock price of NT$13.85 is trading 9.4% above its estimated GF Value™ of NT$12.66. GuruFocus considers I-Hwa Indusstrial Co to be Fairly Valued.

Key valuation signals for TPE:1456:

  • Selling, General, & Admin. Expense: NT$123.1 Mil
  • GF Value™: NT$12.66 vs. price of NT$13.85 (9.4% above fair value)
  • GF Score™: 66/100 with 6 warning signs

No single metric tells the full story. See the TPE:1456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


I-Hwa Indusstrial Co Business Description

Address Neihu Road, 12th Floor, Section 1, No. 392, Neihu District, Taipei, TWN
I-Hwa Indusstrial Co Ltd is principally engaged in land development and construction of houses, residential and building development and leasing, as well as manufacturing and trading of finished fabrics, woolen yarn, cotton yarn and dyestuffs, general advertising services and e-commerce. The group's revenue from the sale of premises is the majority source of income for its operations.
66GF Score

Get the complete analysis for TPE:1456

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

NT$13.85
Price
NT$12.66
GF Value