Kenda Rubber Industrial Co (TPE:2106) Selling, General, & Admin. Expense: NT$4,225 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.

TPE:2106 Kenda Rubber Industrial Co Ltd TPE:2106
58 GF Score
Price NT$18.05
GF Value NT$27.53
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Kenda Rubber Industrial Co Selling, General, & Admin. Expense?

Kenda Rubber Industrial Co TPE:2106 -0.28% 58 Selling, General, & Admin. Expense is NT$4,225 Mil as of Mar. 2026. GuruFocus rates TPE:2106 with a GF Score™ of 58/100 and a GF Value™ of NT$27.53 (Possible Value Trap). The stock has 9 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. Kenda Rubber Industrial Co's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$1,043 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$4,225 Mil.


Kenda Rubber Industrial Co  (TPE:2106) 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.


Kenda Rubber Industrial Co Selling, General, & Admin. Expense Related Terms


Kenda Rubber Industrial Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Kenda Rubber Industrial 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.

Kenda Rubber Industrial Co Selling, General, & Admin. Expense Chart

Kenda Rubber Industrial 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 3,944.78 3,941.05 3,893.89 4,314.31 4,283.08

Kenda Rubber Industrial 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 1,100.56 1,042.72 1,050.20 1,089.59 1,042.73

TPE:2106 vs ORLY, AZO: Selling, General, & Admin. Expense Comparison

For the Auto Parts subindustry, Kenda Rubber Industrial 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.


Kenda Rubber Industrial Co Selling, General, & Admin. Expense vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kenda Rubber Industrial Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Kenda Rubber Industrial Co's Selling, General, & Admin. Expense falls into.


TPE:2106
58GF Score
Kenda Rubber Industrial Co Ltd TPE:2106
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kenda Rubber Industrial 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$4,225 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$4,225 Mil mean?
Kenda Rubber Industrial Co (TPE:2106) has a Selling, General, & Admin. Expense of NT$4,225 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 Kenda Rubber Industrial Co and its competitors.
Is Kenda Rubber Industrial Co's Selling, General, & Admin. Expense too high?
Kenda Rubber Industrial Co's current Selling, General, & Admin. Expense is NT$4,225 Mil. Overall, Kenda Rubber Industrial Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kenda Rubber Industrial Co's Selling, General, & Admin. Expense compare to ORLY and AZO?
Kenda Rubber Industrial Co's Selling, General, & Admin. Expense of NT$4,225 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Selling, General, & Admin. Expense depends on the Vehicles & Parts 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 Kenda Rubber Industrial Co and its competitors. Kenda Rubber Industrial Co's current Selling, General, & Admin. Expense is NT$4,225 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenda Rubber Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co (TPE:2106) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.53, compared to a current price of NT$18.05 — trading 34.4% below its estimated fair value. The current Selling, General, & Admin. Expense is NT$4,225 Mil. Kenda Rubber Industrial Co's overall GF Score™ is 58/100 with 9 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 Kenda Rubber Industrial Co (TPE:2106), the current Selling, General, & Admin. Expense is NT$4,225 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 Kenda Rubber Industrial Co (TPE:2106) Overvalued in 2026?

Based on GuruFocus' analysis, Kenda Rubber Industrial Co stock appears to be undervalued. The current stock price of NT$18.05 is trading 34.4% below its estimated GF Value™ of NT$27.53. GuruFocus considers Kenda Rubber Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:2106:

  • Selling, General, & Admin. Expense: NT$4,225 Mil
  • GF Value™: NT$27.53 vs. price of NT$18.05 (34.4% below fair value)
  • GF Score™: 58/100 with 9 warning signs

No single metric tells the full story. See the TPE:2106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kenda Rubber Industrial Co Business Description

Address Zhongshan Road, No. 146, Section 1, Changhua County, Yuanlin, TWN, 510
Kenda Rubber Industrial Co Ltd is engaged in the manufacturing and trading of rubber products such as inner tubes and tires of bicycles, scooters, industrial trucks, cars, and various products of carbon fiber. The company operates in four geographical areas such as China, the united states, Taiwan and Vietnam. The majority of the revenue is earn from united states.
58GF Score

Get the complete analysis for TPE:2106

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

NT$18.05
Price
NT$27.53
GF Value