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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. CTBC Financial Holding Co's selling, general, & admin. expense for the
three
months ended in Dec. 2025 was NT$9,848 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was NT$35,931 Mil.
CTBC Financial Holding Co (TPE:2891) 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.
CTBC Financial Holding Co Selling, General, & Admin. Expense Related Terms
CTBC Financial Holding Co Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for CTBC Financial Holding 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.
CTBC Financial Holding Co Selling, General, & Admin. Expense Chart
CTBC Financial Holding Co Selling, General, & Admin. Expense Competitor Comparison
For the Banks - Regional subindustry, CTBC Financial Holding 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.
CTBC Financial Holding Co Selling, General, & Admin. Expense vs Banks Industry
For the Banks industry and Financial Services sector, CTBC Financial Holding Co's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where CTBC Financial Holding Co's Selling, General, & Admin. Expense falls into.
CTBC Financial Holding 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$35,931 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$35,931 Mil mean?
CTBC Financial Holding Co (TPE:2891) has a Selling, General, & Admin. Expense of NT$35,931 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on CTBC Financial Holding Co and its competitors.
Is CTBC Financial Holding Co's Selling, General, & Admin. Expense too high?
CTBC Financial Holding Co's current Selling, General, & Admin. Expense is NT$35,931 Mil. Overall, CTBC Financial Holding Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CTBC Financial Holding Co's Selling, General, & Admin. Expense compare to competitors?
CTBC Financial Holding Co's Selling, General, & Admin. Expense of NT$35,931 Mil can be compared against companies in the Banks 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 Banks company?
A good Selling, General, & Admin. Expense depends on the Banks 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 CTBC Financial Holding Co and its competitors. CTBC Financial Holding Co's current Selling, General, & Admin. Expense is NT$35,931 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTBC Financial Holding Co stock overvalued right now?
Based on GuruFocus' analysis, CTBC Financial Holding Co (TPE:2891) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$53.54, compared to a current price of NT$64.80 — trading 21% above its estimated fair value. The current Selling, General, & Admin. Expense is NT$35,931 Mil. CTBC Financial Holding Co's overall GF Score™ is 62/100 with 3 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 CTBC Financial Holding Co (TPE:2891), the current Selling, General, & Admin. Expense is NT$35,931 Mil as of Dec. 2025. 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 CTBC Financial Holding Co (TPE:2891) Overvalued in 2026?
Based on GuruFocus' analysis, CTBC Financial Holding Co stock appears to be overvalued.
The current stock price of NT$64.80 is trading 21% above its estimated GF Value™ of NT$53.54.
GuruFocus considers CTBC Financial Holding Co to be Modestly Overvalued.
Key valuation signals for TPE:2891:
Selling, General, & Admin. Expense: NT$35,931 Mil
GF Value™: NT$53.54 vs. price of NT$64.80 (21% above fair value)
No single metric tells the full story. See the TPE:2891 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CTBC Financial Holding Co Ltd is a diversified financial services holding company. Along with its subsidiaries, it operates in the following segments: Life insurance, which generates maximum revenue, Institutional banking, Retail banking, and Others. The majority of the Group's revenue is derived from its Institutional and Retail banking businesses, which include commercial banking and capital market activities, financing activities, deposit products, wealth management, credit cards, secured loans, and unsecured individual loans, etc., catering to individual and institutional clients. Geographically, the Group generates maximum revenue from its business in Taiwan, followed by Asia (excluding Taiwan), and North America.
62GF Score
Get the complete analysis for TPE:2891
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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