AP Rentals Holdings (HKSE:01496) Total Operating Expense: HK$40.9 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.

HKSE:01496 AP Rentals Holdings Ltd HKSE:01496
38 GF Score
Price HK$0.18
GF Value HK$0.12
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is AP Rentals Holdings Total Operating Expense?

AP Rentals Holdings HKSE:01496 38 Total Operating Expense is HK$40.9 Mil as of Mar. 2026. GuruFocus rates HKSE:01496 with a GF Score™ of 38/100 and a GF Value™ of HK$0.12 (Significantly Overvalued). The stock has 8 warning signs investors should review.

AP Rentals Holdings's Total Operating Expense for the six months ended in Mar. 2026 was HK$20.1 Mil. AP Rentals Holdings's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was HK$40.9 Mil.


AP Rentals Holdings Total Operating Expense Related Terms


AP Rentals Holdings Total Operating Expense Historical Data

* Premium members only.

The historical data trend for AP Rentals 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.

AP Rentals Holdings Total Operating Expense Chart

AP Rentals 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 34.64 34.90 40.92 41.18 40.94

AP Rentals 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 20.68 20.57 20.61 20.87 20.07
HKSE:01496
38GF Score
AP Rentals Holdings Ltd HKSE:01496
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AP Rentals 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$40.9 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$40.9 Mil mean?
AP Rentals Holdings (HKSE:01496) has a Total Operating Expense of HK$40.9 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on AP Rentals Holdings and its competitors.
Is AP Rentals Holdings' Total Operating Expense too high?
AP Rentals Holdings' current Total Operating Expense is HK$40.9 Mil. Overall, AP Rentals Holdings has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AP Rentals Holdings' Total Operating Expense compare to URI and SUNB?
AP Rentals Holdings' Total Operating Expense of HK$40.9 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Total Operating Expense depends on the Business Services 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 AP Rentals Holdings and its competitors. AP Rentals Holdings's current Total Operating Expense is HK$40.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP Rentals Holdings stock overvalued right now?
Based on GuruFocus' analysis, AP Rentals Holdings (HKSE:01496) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.18 — trading 48.3% above its estimated fair value. The current Total Operating Expense is HK$40.9 Mil. AP Rentals Holdings' overall GF Score™ is 38/100 with 8 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 AP Rentals Holdings (HKSE:01496), the current Total Operating Expense is HK$40.9 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 AP Rentals Holdings (HKSE:01496) Overvalued in 2026?

Based on GuruFocus' analysis, AP Rentals Holdings stock appears to be overvalued. The current stock price of HK$0.18 is trading 48.3% above its estimated GF Value™ of HK$0.12. GuruFocus considers AP Rentals Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01496:

  • Total Operating Expense: HK$40.9 Mil
  • GF Value™: HK$0.12 vs. price of HK$0.18 (48.3% above fair value)
  • GF Score™: 38/100 with 8 warning signs

No single metric tells the full story. See the HKSE:01496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AP Rentals Holdings Business Description

Address No. 75, Mody Road, Unit 806A, 8th Floor, Tower II, South Seas Centre, Kowloon, Hong Kong, HKG
AP Rentals Holdings Ltd operates as an equipment rental service company in Hong Kong. The company's operating segment includes Leasing and Trading. where the leasing segment is engaged in the leasing of machinery, lease-related operating service, repair and maintenance service, delivery service, and installation service, and the trading segment includes sales of machinery and parts. The company generates maximum revenue from the Leasing segment. Geographically, the company derives the majority of its revenue from Hong Kong and has a presence in Macau, PRC, and Singapore.
38GF Score

Get the complete analysis for HKSE:01496

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

HK$0.18
Price
HK$0.12
GF Value