Shanghai M&G Stationery (SHSE:603899) Total Operating Expense: ¥2,832 Mil (TTM As of Jun. 2026)

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SHSE:603899 Shanghai M&G Stationery Inc SHSE:603899
90 GF Score
Price ¥21.74
GF Value ¥32.17
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Shanghai M&G Stationery Total Operating Expense?

Shanghai M&G Stationery SHSE:603899 -0.82% 90 Total Operating Expense is ¥2,832 Mil as of Jun. 2026. GuruFocus rates SHSE:603899 with a GF Score™ of 90/100 and a GF Value™ of ¥32.17 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Shanghai M&G Stationery's Total Operating Expense for the three months ended in Jun. 2026 was ¥703 Mil. Shanghai M&G Stationery's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥2,832 Mil.

Shanghai M&G Stationery Total Operating Expense Related Terms

Shanghai M&G Stationery Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Shanghai M&G Stationery'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.

Shanghai M&G Stationery Total Operating Expense Chart

Shanghai M&G Stationery 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 2,238.21 2,055.11 2,244.40 2,614.01 2,685.14

Shanghai M&G Stationery Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 689.38 768.63 672.17 688.32 702.77
SHSE:603899
90GF Score
Shanghai M&G Stationery Inc SHSE:603899
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai M&G Stationery 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,832 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 ¥2,832 Mil mean?
Shanghai M&G Stationery (SHSE:603899) has a Total Operating Expense of ¥2,832 Mil as of Jun. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Shanghai M&G Stationery and its competitors.
Is Shanghai M&G Stationery's Total Operating Expense too high?
Shanghai M&G Stationery's current Total Operating Expense is ¥2,832 Mil. Overall, Shanghai M&G Stationery has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai M&G Stationery's Total Operating Expense compare to competitors?
Shanghai M&G Stationery's Total Operating Expense of ¥2,832 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Total Operating Expense depends on the Industrial Products 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 Shanghai M&G Stationery and its competitors. Shanghai M&G Stationery's current Total Operating Expense is ¥2,832 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai M&G Stationery stock overvalued right now?
Based on GuruFocus' analysis, Shanghai M&G Stationery (SHSE:603899) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥32.17, compared to a current price of ¥21.74 — trading 32.4% below its estimated fair value. The current Total Operating Expense is ¥2,832 Mil. Shanghai M&G Stationery's overall GF Score™ is 90/100 with 4 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 Shanghai M&G Stationery (SHSE:603899), the current Total Operating Expense is ¥2,832 Mil as of Jun. 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 Shanghai M&G Stationery (SHSE:603899) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai M&G Stationery stock appears to be undervalued. The current stock price of ¥21.74 is trading 32.4% below its estimated GF Value™ of ¥32.17. GuruFocus considers Shanghai M&G Stationery to be Significantly Undervalued.

Key valuation signals for SHSE:603899:

  • Total Operating Expense: ¥2,832 Mil
  • GF Value™: ¥32.17 vs. price of ¥21.74 (32.4% below fair value)
  • GF Score™: 90/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shanghai M&G Stationery Business Description

Address No.5, Lane 288, Qianfan Road, Xinqiao Town, Songjiang District, Shanghai, CHN, 201612
Shanghai M&G Stationery Inc is engaged in the production and distribution of stationery products in China. The company operates in two segments: the Office direct sales business and the Traditional core business. The Traditional core business is engaged in developing, manufacturing, and selling writing instruments, student stationery, office supplies, and other products. Its products include such as ballpoint pens, gel pens, mechanical pencils, highlighters, markers, roller pens, erasable gel pens, Pen refills, and other stationery. The Office direct sales business segment is mainly engaged in providing governments, public institutions, companies, and other small and medium enterprises (SMEs) with a one-stop supplies procurement service.
90GF Score

Get the complete analysis for SHSE:603899

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

¥21.74
Price
¥32.17
GF Value