QuMei Home Furnishings Group Co (SHSE:603818) Total Operating Expense: ¥1,194 Mil (TTM As of Mar. 2026)

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SHSE:603818 QuMei Home Furnishings Group Co Ltd SHSE:603818
48 GF Score
Price ¥3.09
GF Value ¥3.66
Valuation Modestly Undervalued
! 7 Warning Signs
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What is QuMei Home Furnishings Group Co Total Operating Expense?

QuMei Home Furnishings Group Co SHSE:603818 -2.52% 48 Total Operating Expense is ¥1,194 Mil as of Mar. 2026. GuruFocus rates SHSE:603818 with a GF Score™ of 48/100 and a GF Value™ of ¥3.66 (Modestly Undervalued). The stock has 7 warning signs investors should review.

QuMei Home Furnishings Group Co's Total Operating Expense for the three months ended in Mar. 2026 was ¥289 Mil. QuMei Home Furnishings Group Co's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,194 Mil.

QuMei Home Furnishings Group Co Total Operating Expense Related Terms

QuMei Home Furnishings Group Co Total Operating Expense Historical Data

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The historical data trend for QuMei Home Furnishings Group Co'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.

QuMei Home Furnishings Group Co Total Operating Expense Chart

QuMei Home Furnishings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,332.27 1,319.12 1,211.00 1,132.96 1,193.80

QuMei Home Furnishings Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 288.55 301.92 302.61 300.72 288.98
SHSE:603818
48GF Score
QuMei Home Furnishings Group Co Ltd SHSE:603818
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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QuMei Home Furnishings Group Co 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 quarterly data reported by the company within the most recent 12 months, which was ¥1,194 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 ¥1,194 Mil mean?
QuMei Home Furnishings Group Co (SHSE:603818) has a Total Operating Expense of ¥1,194 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on QuMei Home Furnishings Group Co and its competitors.
Is QuMei Home Furnishings Group Co's Total Operating Expense too high?
QuMei Home Furnishings Group Co's current Total Operating Expense is ¥1,194 Mil. Overall, QuMei Home Furnishings Group Co has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QuMei Home Furnishings Group Co's Total Operating Expense compare to SN and SGI?
QuMei Home Furnishings Group Co's Total Operating Expense of ¥1,194 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Total Operating Expense depends on the Furnishings, Fixtures & Appliances 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 QuMei Home Furnishings Group Co and its competitors. QuMei Home Furnishings Group Co's current Total Operating Expense is ¥1,194 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QuMei Home Furnishings Group Co stock overvalued right now?
Based on GuruFocus' analysis, QuMei Home Furnishings Group Co (SHSE:603818) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.66, compared to a current price of ¥3.09 — trading 15.6% below its estimated fair value. The current Total Operating Expense is ¥1,194 Mil. QuMei Home Furnishings Group Co's overall GF Score™ is 48/100 with 7 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 QuMei Home Furnishings Group Co (SHSE:603818), the current Total Operating Expense is ¥1,194 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 QuMei Home Furnishings Group Co (SHSE:603818) Overvalued in 2026?

Based on GuruFocus' analysis, QuMei Home Furnishings Group Co stock appears to be undervalued. The current stock price of ¥3.09 is trading 15.6% below its estimated GF Value™ of ¥3.66. GuruFocus considers QuMei Home Furnishings Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:603818:

  • Total Operating Expense: ¥1,194 Mil
  • GF Value™: ¥3.66 vs. price of ¥3.09 (15.6% below fair value)
  • GF Score™: 48/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

QuMei Home Furnishings Group Co Business Description

Address No. 51, Wangjing North Road, Building 8, Chaoyang District, Beijing, CHN, 100102
QuMei Home Furnishings Group Co Ltd is mainly engaged in the design, production, and sales of medium and high-end civilian furniture and supporting household products, providing consumers with a whole home. It offers wooden furniture including solid wood furniture, man-made board furniture, and integrated furniture. Its products are divided into custom furniture, finished furniture and home accessories by category, divided into solid wood and board wood according to materials.
48GF Score

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

¥3.09
Price
¥3.66
GF Value