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China East Education Holdings (HKSE:00667) Selling, General, & Admin. Expense : HK$1,713 Mil (TTM As of Dec. 2023)


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What is China East Education Holdings Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. China East Education Holdings's selling, general, & admin. expense for the six months ended in Dec. 2023 was HK$872 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$1,713 Mil.


China East Education Holdings Selling, General, & Admin. Expense Historical Data

The historical data trend for China East Education Holdings'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.

* Premium members only.

China East Education Holdings Selling, General, & Admin. Expense Chart

China East Education Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 1,442.00 1,658.17 1,873.46 1,628.73 1,713.03

China East Education Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 995.45 807.28 859.66 841.02 872.00

Competitive Comparison of China East Education Holdings's Selling, General, & Admin. Expense

For the Education & Training Services subindustry, China East Education Holdings'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.


China East Education Holdings's Selling, General, & Admin. Expense Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China East Education Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where China East Education Holdings's Selling, General, & Admin. Expense falls into.



China East Education Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$1,713 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.


China East Education Holdings  (HKSE:00667) 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.


China East Education Holdings Selling, General, & Admin. Expense Related Terms

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China East Education Holdings (HKSE:00667) Business Description

Traded in Other Exchanges
Address
No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Anhui Province, Hefei, CHN
China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. It runs schools under six brands: New East, Omick, Xinhua Internet, Wisezone, Wontone, and On-mind. It also operates customized catering experience centers under Cuisine Academy. Its average students enrolled was 142,765 as of Dec. 31, 2022. In 2022, China East Education's revenue breakdown by major businesses was 59% in culinary arts, 20% in information & internet technology, 19% in auto services.
Executives
Wei Zhiling 2202 Interest of your spouse
Xiao Guoqing 2201 Interest of corporation controlled by you
Xiao Guoqing Education Company Limited 2101 Beneficial owner
Wu Junbao 2201 Interest of corporation controlled by you
Wu Junbao Education Company Limited 2101 Beneficial owner
Zhou Jiaju 2202 Interest of your spouse
Cheng Jing 2202 Interest of your spouse
Wu Wei 2201 Interest of corporation controlled by you
Wu Wei Education Company Limited 2101 Beneficial owner

China East Education Holdings (HKSE:00667) Headlines

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