President Chain Store (TPE:2912) Selling, General, & Admin. Expense: NT$106,607 Mil (TTM As of Dec. 2025)

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:2912 President Chain Store Corp TPE:2912
91 GF Score
Price NT$220.50
GF Value NT$306.98
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is President Chain Store Selling, General, & Admin. Expense?

President Chain Store TPE:2912 -1.56% 91 Selling, General, & Admin. Expense is NT$106,607 Mil as of Dec. 2025. GuruFocus rates TPE:2912 with a GF Score™ of 91/100 and a GF Value™ of NT$306.98 (Modestly Undervalued). The stock has 5 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. President Chain Store's selling, general, & admin. expense for the three months ended in Dec. 2025 was NT$27,942 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was NT$106,607 Mil.


President Chain Store  (TPE:2912) 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.


President Chain Store Selling, General, & Admin. Expense Related Terms


President Chain Store Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for President Chain Store'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.

President Chain Store Selling, General, & Admin. Expense Chart

President Chain Store 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 77,380.71 85,510.63 94,385.09 101,432.18 106,607.14

President Chain Store Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 26,672.36 25,112.83 26,206.94 27,345.74 27,941.63

TPE:2912 vs KR, SFM: Selling, General, & Admin. Expense Comparison

For the Grocery Stores subindustry, President Chain Store'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.


President Chain Store Selling, General, & Admin. Expense vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, President Chain Store's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where President Chain Store's Selling, General, & Admin. Expense falls into.


TPE:2912
91GF Score
President Chain Store Corp TPE:2912
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

President Chain Store 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$106,607 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$106,607 Mil mean?
President Chain Store (TPE:2912) has a Selling, General, & Admin. Expense of NT$106,607 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 President Chain Store and its competitors.
Is President Chain Store's Selling, General, & Admin. Expense too high?
President Chain Store's current Selling, General, & Admin. Expense is NT$106,607 Mil. Overall, President Chain Store has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does President Chain Store's Selling, General, & Admin. Expense compare to KR and SFM?
President Chain Store's Selling, General, & Admin. Expense of NT$106,607 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Selling, General, & Admin. Expense depends on the Retail - Defensive 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 President Chain Store and its competitors. President Chain Store's current Selling, General, & Admin. Expense is NT$106,607 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Chain Store stock overvalued right now?
Based on GuruFocus' analysis, President Chain Store (TPE:2912) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$306.98, compared to a current price of NT$220.50 — trading 28.2% below its estimated fair value. The current Selling, General, & Admin. Expense is NT$106,607 Mil. President Chain Store's overall GF Score™ is 91/100 with 5 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 President Chain Store (TPE:2912), the current Selling, General, & Admin. Expense is NT$106,607 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 President Chain Store (TPE:2912) Overvalued in 2026?

Based on GuruFocus' analysis, President Chain Store stock appears to be undervalued. The current stock price of NT$220.50 is trading 28.2% below its estimated GF Value™ of NT$306.98. GuruFocus considers President Chain Store to be Modestly Undervalued.

Key valuation signals for TPE:2912:

  • Selling, General, & Admin. Expense: NT$106,607 Mil
  • GF Value™: NT$306.98 vs. price of NT$220.50 (28.2% below fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the TPE:2912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


President Chain Store Business Description

Address 65 Tung Hsing Road, 2nd Floor, Taipei, TWN, 105
President Chain Store Corporation, along with its subsidiaries, is engaged in managing convenience stores, restaurants, drugstores, department stores, supermarkets, and online shopping stores under different brands. Its offerings include food, beverages, coffee, daily commodities, cosmetics and health care products. The group operates in Taiwan, Mainland China, the Philippines, and Japan. Its reportable segments are Convenience stores, Retail business group, Logistics business group, and Others. The majority of the company's revenue is derived from the Convenience Stores segment. Geographically, the company derives the maximum revenue from Taiwan, followed by other regions.
91GF Score

Get the complete analysis for TPE:2912

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

NT$220.50
Price
NT$306.98
GF Value