
Ossen Innovation Co., Ltd. OSN
Ossen Innovation Co., Ltd. General and Administrative Expenses | OSN
General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.What these expenses include
- Salaries of administrative staff (executives, HR, accountants, legal personnel)
- Office rent and utilities
- Office equipment and IT infrastructure
- Professional services (auditors, lawyers, consultants)
- Insurance
- General administrative travel and representation expenses
- Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure - Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit - Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry - Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines
Annual General and Administrative Expenses Ossen Innovation Co., Ltd.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|
| 6.96 M | 6.16 M | 5.26 M | 6 M | 6.38 M | 4.48 M | 6.34 M | 3.49 M | 3.95 M | 2.75 M |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 6.96 M | 2.75 M | 5.18 M |
General and Administrative Expenses of other stocks in the Steel industry
| Issuer | General and Administrative Expenses | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
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Universal Stainless & Alloy Products
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Mechel PAO
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16.5 B | - | - | - | ||
|
United States Steel Corporation
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|
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Commercial Metals Company
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|
Friedman Industries, Incorporated
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POSCO
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ArcelorMittal
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2.61 B | $ 77.15 | 0.64 % | $ 58.9 B | ||
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Nucor Corporation
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|
1.22 B | $ 256.4 | 0.21 % | $ 59.2 B | ||
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Grupo Simec, S.A.B. de C.V.
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|
65.9 M | $ 26.6 | 5.68 % | $ 12.3 B | ||
|
Companhia Siderúrgica Nacional
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|
6.31 B | $ 1.24 | 1.64 % | $ 66.1 M | ||
|
Schnitzer Steel Industries
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|
Synalloy Corporation
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|
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|
TimkenSteel Corporation
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|
94 M | - | 1.14 % | $ 935 M | ||
|
Ternium S.A.
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|
1.6 B | $ 58.1 | 0.17 % | $ 114 B | ||
|
Olympic Steel
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|
113 M | - | - | $ 559 M |