CSBC Taiwan (TPE:2208) Selling, General, & Admin. Expense: NT$411 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:2208 CSBC Corp Taiwan TPE:2208
45 GF Score
Price NT$20.30
GF Value NT$18.39
Valuation Fairly Valued
! 6 Warning Signs
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What is CSBC Taiwan Selling, General, & Admin. Expense?

CSBC Taiwan TPE:2208 +6.01% 45 Selling, General, & Admin. Expense is NT$411 Mil as of Mar. 2026. GuruFocus rates TPE:2208 with a GF Score™ of 45/100 and a GF Value™ of NT$18.39 (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. CSBC Taiwan's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$95 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$411 Mil.


CSBC Taiwan  (TPE:2208) 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.


CSBC Taiwan Selling, General, & Admin. Expense Related Terms


CSBC Taiwan Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for CSBC Taiwan'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.

CSBC Taiwan Selling, General, & Admin. Expense Chart

CSBC Taiwan 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 426.81 428.02 461.71 385.85 400.24

CSBC Taiwan 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 84.62 101.75 87.32 126.56 95.19

TPE:2208 vs SPCX, GE, RTX: Selling, General, & Admin. Expense Comparison

For the Aerospace & Defense subindustry, CSBC Taiwan'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.


CSBC Taiwan Selling, General, & Admin. Expense vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSBC Taiwan's Selling, General, & Admin. Expense distribution charts can be found below:

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


TPE:2208
45GF Score
CSBC Corp Taiwan TPE:2208
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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CSBC Taiwan 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$411 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$411 Mil mean?
CSBC Taiwan (TPE:2208) has a Selling, General, & Admin. Expense of NT$411 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 CSBC Taiwan and its competitors.
Is CSBC Taiwan's Selling, General, & Admin. Expense too high?
CSBC Taiwan's current Selling, General, & Admin. Expense is NT$411 Mil. Overall, CSBC Taiwan has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CSBC Taiwan's Selling, General, & Admin. Expense compare to SPCX and GE?
CSBC Taiwan's Selling, General, & Admin. Expense of NT$411 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Selling, General, & Admin. Expense depends on the Aerospace & Defense 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 CSBC Taiwan and its competitors. CSBC Taiwan's current Selling, General, & Admin. Expense is NT$411 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSBC Taiwan stock overvalued right now?
Based on GuruFocus' analysis, CSBC Taiwan (TPE:2208) is currently considered Fairly Valued. The stock's GF Value™ is NT$18.39, compared to a current price of NT$20.30 — trading 10.4% above its estimated fair value. The current Selling, General, & Admin. Expense is NT$411 Mil. CSBC Taiwan's overall GF Score™ is 45/100 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 CSBC Taiwan (TPE:2208), the current Selling, General, & Admin. Expense is NT$411 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 CSBC Taiwan (TPE:2208) Overvalued in 2026?

Based on GuruFocus' analysis, CSBC Taiwan stock appears to be overvalued. The current stock price of NT$20.30 is trading 10.4% above its estimated GF Value™ of NT$18.39. GuruFocus considers CSBC Taiwan to be Fairly Valued.

Key valuation signals for TPE:2208:

  • Selling, General, & Admin. Expense: NT$411 Mil
  • GF Value™: NT$18.39 vs. price of NT$20.30 (10.4% above fair value)
  • GF Score™: 45/100 with 6 warning signs

No single metric tells the full story. See the TPE:2208 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSBC Taiwan Business Description

Address No. 3, Zhonggang Road, Xiaogang District, Kaohsiung, TWN, 81234
CSBC Corp Taiwan is engaged in the design, construction, repair, and conversion of ships and offshore engineering equipment. The company operates through four segments: Construction of Ships and Vessels, Machinery Building, Ship/Vessel Repairs, and All Other Segments. The Construction of Ships and Vessels segment, which contributes the majority of revenue, focuses on the manufacture and repair of marine vessels, oil drilling rigs, and onshore equipment. Geographically, it generates the majority of its revenue from Taiwan.
45GF Score

Get the complete analysis for TPE:2208

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

NT$20.30
Price
NT$18.39
GF Value