Asia Commercial Holdings (HKSE:00104) Total Operating Expense: HK$121.0 Mil (TTM As of Mar. 2026)

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HKSE:00104 Asia Commercial Holdings Ltd HKSE:00104
42 GF Score
Price HK$0.25
GF Value HK$0.22
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Asia Commercial Holdings Total Operating Expense?

Asia Commercial Holdings HKSE:00104 42 Total Operating Expense is HK$121.0 Mil as of Mar. 2026. GuruFocus rates HKSE:00104 with a GF Score™ of 42/100 and a GF Value™ of HK$0.22 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Asia Commercial Holdings's Total Operating Expense for the six months ended in Mar. 2026 was HK$65.5 Mil. Asia Commercial Holdings's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was HK$121.0 Mil.

Asia Commercial Holdings Total Operating Expense Related Terms

Asia Commercial Holdings Total Operating Expense Historical Data

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The historical data trend for Asia Commercial Holdings's Total Operating 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.

Asia Commercial Holdings Total Operating Expense Chart

Asia Commercial Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 125.74 104.67 131.19 127.63 121.00

Asia Commercial Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Operating 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 67.12 59.25 68.38 55.46 65.53
HKSE:00104
42GF Score
Asia Commercial Holdings Ltd HKSE:00104
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Commercial Holdings Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$121.0 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 Total Operating Expense of HK$121.0 Mil mean?
Asia Commercial Holdings (HKSE:00104) has a Total Operating Expense of HK$121.0 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Asia Commercial Holdings and its competitors.
Is Asia Commercial Holdings' Total Operating Expense too high?
Asia Commercial Holdings' current Total Operating Expense is HK$121.0 Mil. Overall, Asia Commercial Holdings has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Commercial Holdings' Total Operating Expense compare to CASY and WSM?
Asia Commercial Holdings' Total Operating Expense of HK$121.0 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Retail - Cyclical company?
A good Total Operating Expense depends on the Retail - Cyclical industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Asia Commercial Holdings and its competitors. Asia Commercial Holdings's current Total Operating Expense is HK$121.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Commercial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Commercial Holdings (HKSE:00104) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.22, compared to a current price of HK$0.25 — trading 13.6% above its estimated fair value. The current Total Operating Expense is HK$121.0 Mil. Asia Commercial Holdings' overall GF Score™ is 42/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Asia Commercial Holdings (HKSE:00104), the current Total Operating Expense is HK$121.0 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 Asia Commercial Holdings (HKSE:00104) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Commercial Holdings stock appears to be overvalued. The current stock price of HK$0.25 is trading 13.6% above its estimated GF Value™ of HK$0.22. GuruFocus considers Asia Commercial Holdings to be Modestly Overvalued.

Key valuation signals for HKSE:00104:

  • Total Operating Expense: HK$121.0 Mil
  • GF Value™: HK$0.22 vs. price of HK$0.25 (13.6% above fair value)
  • GF Score™: 42/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asia Commercial Holdings Business Description

Address 183 Queen’s Road East, 3901, 39th Floor, The Hopewell Centre, Wanchai, Hong Kong, HKG
Asia Commercial Holdings Ltd is an investment holding company. It operates business through two segments: Sale of Watches (Retail and Wholesale) and Properties Leasing. The company earns the majority of its revenue from sales of watches. Geographically, the group generates maximum revenue from Mainland China, followed by Hong Kong, Switzerland, and the United Kingdom.
42GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.25
Price
HK$0.22
GF Value