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Impro Precision Industries (HKSE:01286) Selling, General, & Admin. Expense : HK$500 Mil (TTM As of Dec. 2023)


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What is Impro Precision Industries Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Impro Precision Industries's selling, general, & admin. expense for the six months ended in Dec. 2023 was HK$260 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$500 Mil.


Impro Precision Industries Selling, General, & Admin. Expense Historical Data

The historical data trend for Impro Precision Industries'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.

Impro Precision Industries Selling, General, & Admin. Expense Chart

Impro Precision Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 463.95 362.81 515.78 515.38 500.22

Impro Precision Industries 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 282.71 256.84 258.54 240.08 260.14

Competitive Comparison of Impro Precision Industries's Selling, General, & Admin. Expense

For the Specialty Industrial Machinery subindustry, Impro Precision Industries'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.


Impro Precision Industries's Selling, General, & Admin. Expense Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Impro Precision Industries's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Impro Precision Industries's Selling, General, & Admin. Expense falls into.



Impro Precision Industries 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$500 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.


Impro Precision Industries  (HKSE:01286) 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.


Impro Precision Industries Selling, General, & Admin. Expense Related Terms

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Impro Precision Industries (HKSE:01286) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Unit 803, Shui On Centre, Wanchai, Hong Kong, HKG
Impro Precision Industries Ltd is an investment holding company. It operates in four segments: Investment casting, Precision machining and others, Sand casting, and Surface Treatment. The products and services offered are widely applied to various end-markets, including passenger cars, commercial vehicles, high horsepower engines, hydraulic equipment, construction equipment, agricultural equipment, recreational boats and vehicles, aerospace, and medical. Its geographical segments are the Americas, Europe, and Asia, of which key revenue is generated from the Americas.

Impro Precision Industries (HKSE:01286) Headlines

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