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Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Selling, General, & Admin. Expense : $12.97 Mil (TTM As of Dec. 2023)


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What is Meihua International Medical Technologies Co Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Meihua International Medical Technologies Co's selling, general, & admin. expense for the six months ended in Dec. 2023 was $6.35 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $12.97 Mil.


Meihua International Medical Technologies Co Selling, General, & Admin. Expense Historical Data

The historical data trend for Meihua International Medical Technologies Co'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.

Meihua International Medical Technologies Co Selling, General, & Admin. Expense Chart

Meihua International Medical Technologies Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
8.68 9.76 9.86 18.68 12.97

Meihua International Medical Technologies Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only 4.46 8.11 10.57 6.61 6.35

Competitive Comparison of Meihua International Medical Technologies Co's Selling, General, & Admin. Expense

For the Medical Instruments & Supplies subindustry, Meihua International Medical Technologies Co'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.


Meihua International Medical Technologies Co's Selling, General, & Admin. Expense Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Meihua International Medical Technologies Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Meihua International Medical Technologies Co's Selling, General, & Admin. Expense falls into.



Meihua International Medical Technologies Co 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 $12.97 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.


Meihua International Medical Technologies Co  (NAS:MHUA) 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.


Meihua International Medical Technologies Co Selling, General, & Admin. Expense Related Terms

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Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Business Description

Traded in Other Exchanges
N/A
Address
88 Tongda Road, Touqiao Town, Guangling District, Yangzhou, CHN, 225000
Meihua International Medical Technologies Co Ltd is engaged in providing disposable medical devices. It serves hospitals, pharmacies, medical institutions, and medical equipment companies. Its product offerings include a Disposable Medical mask, Disposable ID Bracelet, Disposable Artificial Anal bag, Disposable Catheter, and Electonic pump among others.

Meihua International Medical Technologies Co (Meihua International Medical Technologies Co) Headlines

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