1970.HK1970.HKHKSE
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank68
3Y CAGR+14.2%
5Y CAGR+60.8%
Studio
Year-over-Year Change

Year-over-year SG&A expense growth

3Y CAGR
+14.2%/yr
vs -50.7%/yr prior
5Y CAGR
+60.8%/yr
Recent deceleration
Acceleration
+64.8pp
Accelerating
Percentile
P68
Within normal range
vs 5Y Ago
10.8x
Strong expansion
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 202514.98%
Q2 2025262.01%
Q4 2024-159.35%
Q2 2024-24.34%
Q4 2023-2.52%
Q2 202346.26%
Q4 2022-34.13%
Q2 202299.18%
Q4 2021-33.96%
Q2 2021-56.39%
Q4 2020134.12%
Q2 2020-12.32%
Q4 201910.07%
Q2 2019-1.95%
Q4 2018-1.44%
Q2 201820.50%
Q4 2017-13.69%
Q2 2017-8.08%
Q4 2016-1.31%
Q2 2016-28.42%
Q4 20151.39%
Q2 2015108.28%
Q4 20142.25%
Q2 2014330.24%
Q4 20130.00%
Q2 2013100.00%
Q1 2013-54.68%
Q2 2012100.00%
Q1 20120.00%