Breaking Down SG&A Expenses: HUTCHMED (China) Limited vs Novavax, Inc.

SG&A Expenses: HUTCHMED vs Novavax Over a Decade

__timestampHUTCHMED (China) LimitedNovavax, Inc.
Wednesday, January 1, 20142668400019928000
Thursday, January 1, 20152982900030842000
Friday, January 1, 20163957800046527000
Sunday, January 1, 20174327700034451000
Monday, January 1, 20184864500034409000
Tuesday, January 1, 20195293400034417000
Wednesday, January 1, 202061349000145290000
Friday, January 1, 2021127125000298358000
Saturday, January 1, 2022136106000488691000
Sunday, January 1, 2023133175999468946000
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In pursuit of knowledge

A Tale of Two Companies: SG&A Expenses Over Time

In the ever-evolving landscape of the pharmaceutical industry, understanding the financial strategies of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of HUTCHMED (China) Limited and Novavax, Inc. from 2014 to 2023. Over this period, HUTCHMED's SG&A expenses grew by approximately 400%, reflecting its strategic investments in expanding its market presence. In contrast, Novavax experienced a staggering increase of over 2,200%, peaking in 2022, as it ramped up operations to meet global demand for its COVID-19 vaccine. Notably, Novavax's expenses in 2023 were nearly 3.5 times higher than HUTCHMED's, highlighting its aggressive growth strategy. This financial journey underscores the dynamic nature of the industry, where companies must balance operational costs with strategic growth to remain competitive.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025