Operating leverage of SG&A expenses
Can the company grow sales without raising overhead proportionally?
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Sample JSON
Specification JSON
Sample as of
0700.HK Tencent Holdings | Hang Seng Index | 2025-10-16 – 2026-10-16 | HKD
- Latest value
- -8.48 %
- Period average
- -3.18 %
- Period high
- 6.87 %
- Period low
- -15.12 %
Growth rate gap
Revenue growth minus SG&A growth (percentage points) (Multi-series)
SG&A expense ratio
SG&A expense ratio (%) (Bar)
Operating margin
Revenue growth minus SG&A growth (percentage points) and SG&A expense ratio (%) (Table)
Sample data rows
| Fiscal quarter | Revenue growth minus SG&A growth (percentage points) | SG&A expense ratio (%) | Data date (sample) |
|---|---|---|---|
| 2025Q4 | 6.87 | 0.24 | 2025-12-31 |
| 2026Q1 | 4.02 | 0.27 | 2026-03-31 |
| 2026Q2 | -15.12 | 0.26 | 2026-06-30 |
| 2026Q3 | -8.48 | 0.27 | 2026-09-30 |