Taiwan Hon Chuan Enterprise Co (TPE:9939) Selling, General, & Admin. Expense: NT$2,271 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:9939 Taiwan Hon Chuan Enterprise Co Ltd TPE:9939
88 GF Score
Price NT$144.50
GF Value NT$145.94
Valuation Fairly Valued
! 4 Warning Signs
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What is Taiwan Hon Chuan Enterprise Co Selling, General, & Admin. Expense?

Taiwan Hon Chuan Enterprise Co TPE:9939 +1.40% 88 Selling, General, & Admin. Expense is NT$2,271 Mil as of Mar. 2026. GuruFocus rates TPE:9939 with a GF Score™ of 88/100 and a GF Value™ of NT$145.94 (Fairly Valued). The stock has 4 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. Taiwan Hon Chuan Enterprise Co's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$545 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$2,271 Mil.


Taiwan Hon Chuan Enterprise Co  (TPE:9939) 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.


Taiwan Hon Chuan Enterprise Co Selling, General, & Admin. Expense Related Terms


Taiwan Hon Chuan Enterprise Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Taiwan Hon Chuan 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.

Taiwan Hon Chuan Enterprise Co Selling, General, & Admin. Expense Chart

Taiwan Hon Chuan 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 1,975.82 2,123.79 2,210.88 2,396.38 2,293.72

Taiwan Hon Chuan 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 568.25 543.77 632.46 549.24 545.42

TPE:9939 vs SW, PKG, IP: Selling, General, & Admin. Expense Comparison

For the Packaging & Containers subindustry, Taiwan Hon Chuan 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.


Taiwan Hon Chuan Enterprise Co Selling, General, & Admin. Expense vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Taiwan Hon Chuan Enterprise Co's Selling, General, & Admin. Expense distribution charts can be found below:

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


TPE:9939
88GF Score
Taiwan Hon Chuan Enterprise Co Ltd TPE:9939
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Hon Chuan 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$2,271 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$2,271 Mil mean?
Taiwan Hon Chuan Enterprise Co (TPE:9939) has a Selling, General, & Admin. Expense of NT$2,271 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 Taiwan Hon Chuan Enterprise Co and its competitors.
Is Taiwan Hon Chuan Enterprise Co's Selling, General, & Admin. Expense too high?
Taiwan Hon Chuan Enterprise Co's current Selling, General, & Admin. Expense is NT$2,271 Mil. Overall, Taiwan Hon Chuan Enterprise Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Hon Chuan Enterprise Co's Selling, General, & Admin. Expense compare to SW and PKG?
Taiwan Hon Chuan Enterprise Co's Selling, General, & Admin. Expense of NT$2,271 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Selling, General, & Admin. Expense depends on the Packaging & Containers 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 Taiwan Hon Chuan Enterprise Co and its competitors. Taiwan Hon Chuan Enterprise Co's current Selling, General, & Admin. Expense is NT$2,271 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Hon Chuan Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Hon Chuan Enterprise Co (TPE:9939) is currently considered Fairly Valued. The stock's GF Value™ is NT$145.94, compared to a current price of NT$144.50 — trading 1% below its estimated fair value. The current Selling, General, & Admin. Expense is NT$2,271 Mil. Taiwan Hon Chuan Enterprise Co's overall GF Score™ is 88/100 with 4 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 Taiwan Hon Chuan Enterprise Co (TPE:9939), the current Selling, General, & Admin. Expense is NT$2,271 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 Taiwan Hon Chuan Enterprise Co (TPE:9939) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Hon Chuan Enterprise Co stock appears to be undervalued. The current stock price of NT$144.50 is trading 1% below its estimated GF Value™ of NT$145.94. GuruFocus considers Taiwan Hon Chuan Enterprise Co to be Fairly Valued.

Key valuation signals for TPE:9939:

  • Selling, General, & Admin. Expense: NT$2,271 Mil
  • GF Value™: NT$145.94 vs. price of NT$144.50 (1% below fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the TPE:9939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Hon Chuan Enterprise Co Business Description

Address 2nd Road, No. 6, Industrial Park, Xitun District, Taichung, TWN
Taiwan Hon Chuan Enterprise Co Ltd manufactures and sells a variety of packaging products. Its primary product categories include plastic and aluminum caps used for beverages and can liners, polyethylene terephthalate bottles used to produce water bottles, and labels for consumer products. The Group also sells tobacco and liquor packaging, as well as cigarette filters and paper. In addition, Taiwan Hon Chuan sells packaging equipment used to produce caps, bottles, labels, and fill bottles. Its reportable segments are: Foreign Subsidiaries, which generate the maximum revenue, and Domestic. Geographically, the Group generates maximum revenue from its customers in Taiwan, followed by China, Southeast Asia, and other regions.
88GF Score

Get the complete analysis for TPE:9939

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

NT$144.50
Price
NT$145.94
GF Value