Li Cheng Enterprise Co (TPE:4426) Selling, General, & Admin. Expense: NT$206.4 Mil (TTM As of Mar. 2026)

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:4426 Li Cheng Enterprise Co Ltd TPE:4426
58 GF Score
Price NT$7.95
GF Value NT$10.17
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Li Cheng Enterprise Co Selling, General, & Admin. Expense?

Li Cheng Enterprise Co TPE:4426 58 Selling, General, & Admin. Expense is NT$206.4 Mil as of Mar. 2026. GuruFocus rates TPE:4426 with a GF Score™ of 58/100 and a GF Value™ of NT$10.17 (Modestly Undervalued). 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. Li Cheng Enterprise Co's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$42.4 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$206.4 Mil.


Li Cheng Enterprise Co  (TPE:4426) 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.


Li Cheng Enterprise Co Selling, General, & Admin. Expense Related Terms


Li Cheng Enterprise Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Li Cheng Enterprise 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.

Li Cheng Enterprise Co Selling, General, & Admin. Expense Chart

Li Cheng Enterprise 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 152.81 262.13 242.42 224.06 214.55

Li Cheng Enterprise 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 50.50 53.29 55.12 55.64 42.39

Li Cheng Enterprise Co Selling, General, & Admin. Expense Competitor Comparison

For the Textile Manufacturing subindustry, Li Cheng Enterprise 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.


Li Cheng Enterprise Co Selling, General, & Admin. Expense vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Li Cheng Enterprise Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Li Cheng Enterprise Co's Selling, General, & Admin. Expense falls into.


TPE:4426
58GF Score
Li Cheng Enterprise Co Ltd TPE:4426
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Li Cheng Enterprise 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$206.4 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$206.4 Mil mean?
Li Cheng Enterprise Co (TPE:4426) has a Selling, General, & Admin. Expense of NT$206.4 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 Li Cheng Enterprise Co and its competitors.
Is Li Cheng Enterprise Co's Selling, General, & Admin. Expense too high?
Li Cheng Enterprise Co's current Selling, General, & Admin. Expense is NT$206.4 Mil. Overall, Li Cheng Enterprise Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Li Cheng Enterprise Co's Selling, General, & Admin. Expense compare to competitors?
Li Cheng Enterprise Co's Selling, General, & Admin. Expense of NT$206.4 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Selling, General, & Admin. Expense depends on the Manufacturing - Apparel & Accessories 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 Li Cheng Enterprise Co and its competitors. Li Cheng Enterprise Co's current Selling, General, & Admin. Expense is NT$206.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Cheng Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Li Cheng Enterprise Co (TPE:4426) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.17, compared to a current price of NT$7.95 — trading 21.8% below its estimated fair value. The current Selling, General, & Admin. Expense is NT$206.4 Mil. Li Cheng Enterprise Co's overall GF Score™ is 58/100 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 Li Cheng Enterprise Co (TPE:4426), the current Selling, General, & Admin. Expense is NT$206.4 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 Li Cheng Enterprise Co (TPE:4426) Overvalued in 2026?

Based on GuruFocus' analysis, Li Cheng Enterprise Co stock appears to be undervalued. The current stock price of NT$7.95 is trading 21.8% below its estimated GF Value™ of NT$10.17. GuruFocus considers Li Cheng Enterprise Co to be Modestly Undervalued.

Key valuation signals for TPE:4426:

  • Selling, General, & Admin. Expense: NT$206.4 Mil
  • GF Value™: NT$10.17 vs. price of NT$7.95 (21.8% below fair value)
  • GF Score™: 58/100 with 7 warning signs

No single metric tells the full story. See the TPE:4426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Li Cheng Enterprise Co Business Description

Address Dougong 12th Road, No. 5, Yunlin County, Douliu City, TWN, 640153
Li Cheng Enterprise Co Ltd is mainly engaged in the wholesale and retail of fabrics, garments, and accessories, as well as spinning, weaving, dyeing, and finishing activities. The company operates through a single reporting segment, the knitted fabric dyeing and finishing division, which is mainly engaged in the manufacture and sale of three-layer mesh fabrics. Its product lines include finished fabrics, raw yarn, and other products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Mainland China, and other countries.
58GF Score

Get the complete analysis for TPE:4426

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

NT$7.95
Price
NT$10.17
GF Value