Hwang Chang General Contractor Co (TPE:2543) Selling, General, & Admin. Expense: NT$483 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TPE:2543 Hwang Chang General Contractor Co Ltd TPE:2543
83 GF Score
Price NT$38.90
GF Value NT$47.41
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hwang Chang General Contractor Co Selling, General, & Admin. Expense?

Hwang Chang General Contractor Co TPE:2543 -1.89% 83 Selling, General, & Admin. Expense is NT$483 Mil as of Mar. 2026. GuruFocus rates TPE:2543 with a GF Score™ of 83/100 and a GF Value™ of NT$47.41 (Modestly Undervalued). 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. Hwang Chang General Contractor Co's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$125 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$483 Mil.


Hwang Chang General Contractor Co  (TPE:2543) 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.


Hwang Chang General Contractor Co Selling, General, & Admin. Expense Related Terms


Hwang Chang General Contractor Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Hwang Chang General Contractor 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.

Hwang Chang General Contractor Co Selling, General, & Admin. Expense Chart

Hwang Chang General Contractor 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 174.68 211.06 265.79 401.48 479.16

Hwang Chang General Contractor 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 121.00 115.69 135.30 107.17 124.70

TPE:2543 vs PWR, FIX, EME: Selling, General, & Admin. Expense Comparison

For the Engineering & Construction subindustry, Hwang Chang General Contractor 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.


Hwang Chang General Contractor Co Selling, General, & Admin. Expense vs Construction Industry

For the Construction industry and Industrials sector, Hwang Chang General Contractor Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Hwang Chang General Contractor Co's Selling, General, & Admin. Expense falls into.


TPE:2543
83GF Score
Hwang Chang General Contractor Co Ltd TPE:2543
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwang Chang General Contractor 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$483 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$483 Mil mean?
Hwang Chang General Contractor Co (TPE:2543) has a Selling, General, & Admin. Expense of NT$483 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 Hwang Chang General Contractor Co and its competitors.
Is Hwang Chang General Contractor Co's Selling, General, & Admin. Expense too high?
Hwang Chang General Contractor Co's current Selling, General, & Admin. Expense is NT$483 Mil. Overall, Hwang Chang General Contractor Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hwang Chang General Contractor Co's Selling, General, & Admin. Expense compare to PWR and FIX?
Hwang Chang General Contractor Co's Selling, General, & Admin. Expense of NT$483 Mil can be compared against companies in the Construction 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 Construction company?
A good Selling, General, & Admin. Expense depends on the Construction 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 Hwang Chang General Contractor Co and its competitors. Hwang Chang General Contractor Co's current Selling, General, & Admin. Expense is NT$483 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwang Chang General Contractor Co stock overvalued right now?
Based on GuruFocus' analysis, Hwang Chang General Contractor Co (TPE:2543) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$47.41, compared to a current price of NT$38.90 — trading 17.9% below its estimated fair value. The current Selling, General, & Admin. Expense is NT$483 Mil. Hwang Chang General Contractor Co's overall GF Score™ is 83/100 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 Hwang Chang General Contractor Co (TPE:2543), the current Selling, General, & Admin. Expense is NT$483 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 Hwang Chang General Contractor Co (TPE:2543) Overvalued in 2026?

Based on GuruFocus' analysis, Hwang Chang General Contractor Co stock appears to be undervalued. The current stock price of NT$38.90 is trading 17.9% below its estimated GF Value™ of NT$47.41. GuruFocus considers Hwang Chang General Contractor Co to be Modestly Undervalued.

Key valuation signals for TPE:2543:

  • Selling, General, & Admin. Expense: NT$483 Mil
  • GF Value™: NT$47.41 vs. price of NT$38.90 (17.9% below fair value)
  • GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the TPE:2543 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwang Chang General Contractor Co Business Description

Address Tanmei Street, No. 539, 23rd Floor, Neihu District, Taipei, TWN, 114
Hwang Chang General Contractor Co Ltd is mainly engaged in the contracting business of civil engineering projects. It undertakes projects like the construction of bridges, metro stations, parking lots, residential complexes, highways, etc. The company's reportable segments are Construction and Concrete. A majority of its revenue is generated from the Construction segment, which is mainly engaged in the contracting business of civil engineering projects. The Concrete segment is mainly engaged in the manufacturing and selling business of ready-mix concrete.
83GF Score

Get the complete analysis for TPE:2543

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

NT$38.90
Price
NT$47.41
GF Value