Wan Hai Lines (TPE:2615) Selling, General, & Admin. Expense: NT$7,009 Mil (TTM As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:2615 Wan Hai Lines Ltd TPE:2615
77 GF Score
Price NT$90.60
GF Value NT$72.98
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Wan Hai Lines Selling, General, & Admin. Expense?

Wan Hai Lines TPE:2615 +3.54% 77 Selling, General, & Admin. Expense is NT$7,009 Mil as of Mar. 2026. GuruFocus rates TPE:2615 with a GF Score™ of 77/100 and a GF Value™ of NT$72.98 (Modestly Overvalued). The stock has 7 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. Wan Hai Lines's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$1,906 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$7,009 Mil.


Wan Hai Lines  (TPE:2615) 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.


Wan Hai Lines Selling, General, & Admin. Expense Related Terms


Wan Hai Lines Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Wan Hai Lines'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.

Wan Hai Lines Selling, General, & Admin. Expense Chart

Wan Hai Lines 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 6,973.84 8,612.29 6,592.94 7,338.99 6,910.86

Wan Hai Lines 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 1,807.75 1,476.99 1,868.23 1,757.89 1,905.82

Wan Hai Lines Selling, General, & Admin. Expense Competitor Comparison

For the Marine Shipping subindustry, Wan Hai Lines'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.


Wan Hai Lines Selling, General, & Admin. Expense vs Transportation Industry

For the Transportation industry and Industrials sector, Wan Hai Lines's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Wan Hai Lines's Selling, General, & Admin. Expense falls into.


TPE:2615
77GF Score
Wan Hai Lines Ltd TPE:2615
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Wan Hai Lines 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$7,009 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$7,009 Mil mean?
Wan Hai Lines (TPE:2615) has a Selling, General, & Admin. Expense of NT$7,009 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 Wan Hai Lines and its competitors.
Is Wan Hai Lines' Selling, General, & Admin. Expense too high?
Wan Hai Lines' current Selling, General, & Admin. Expense is NT$7,009 Mil. Overall, Wan Hai Lines has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wan Hai Lines' Selling, General, & Admin. Expense compare to competitors?
Wan Hai Lines' Selling, General, & Admin. Expense of NT$7,009 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Selling, General, & Admin. Expense depends on the Transportation 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 Wan Hai Lines and its competitors. Wan Hai Lines's current Selling, General, & Admin. Expense is NT$7,009 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wan Hai Lines stock overvalued right now?
Based on GuruFocus' analysis, Wan Hai Lines (TPE:2615) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$72.98, compared to a current price of NT$90.60 — trading 24.1% above its estimated fair value. The current Selling, General, & Admin. Expense is NT$7,009 Mil. Wan Hai Lines' overall GF Score™ is 77/100 with 7 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 Wan Hai Lines (TPE:2615), the current Selling, General, & Admin. Expense is NT$7,009 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 Wan Hai Lines (TPE:2615) Overvalued in 2026?

Based on GuruFocus' analysis, Wan Hai Lines stock appears to be overvalued. The current stock price of NT$90.60 is trading 24.1% above its estimated GF Value™ of NT$72.98. GuruFocus considers Wan Hai Lines to be Modestly Overvalued.

Key valuation signals for TPE:2615:

  • Selling, General, & Admin. Expense: NT$7,009 Mil
  • GF Value™: NT$72.98 vs. price of NT$90.60 (24.1% above fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the TPE:2615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wan Hai Lines Business Description

Address 136, Sung Chiang Road, 10th Floor, Taipei, TWN
Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue from Freight, Rentals, followed by WHL Terminals and Other services in geographical regions that include Asia, followed by India, the Middle East, America and the Red Sea.
77GF Score

Get the complete analysis for TPE:2615

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

NT$90.60
Price
NT$72.98
GF Value