Summit Therapeutics Inc. and HUTCHMED (China) Limited: SG&A Spending Patterns Compared

SG&A Spending: HUTCHMED vs. Summit Therapeutics

__timestampHUTCHMED (China) LimitedSummit Therapeutics Inc.
Wednesday, January 1, 2014266840006795238
Thursday, January 1, 2015298290007454247
Friday, January 1, 20163957800010345862
Sunday, January 1, 20174327700016984203
Monday, January 1, 20184864500016187290
Tuesday, January 1, 2019529340009299233.54
Wednesday, January 1, 20206134900019232000
Friday, January 1, 202112712500023611000
Saturday, January 1, 202213610600026700000
Sunday, January 1, 202313317599928215000
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Unveiling the hidden dimensions of data

SG&A Spending Trends: A Tale of Two Companies

In the dynamic world of pharmaceuticals, understanding spending patterns is crucial. Over the past decade, HUTCHMED (China) Limited and Summit Therapeutics Inc. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. HUTCHMED's SG&A expenses have surged by nearly 400% from 2014 to 2023, reflecting its aggressive expansion strategy. In contrast, Summit Therapeutics has seen a more modest increase of approximately 315% over the same period.

Key Insights

  • HUTCHMED's Growth: By 2023, HUTCHMED's SG&A expenses reached over four times their 2014 levels, indicating a robust growth strategy.
  • Summit's Steady Climb: Summit's expenses, while lower in absolute terms, have shown consistent growth, highlighting a steady operational expansion.

These trends underscore the strategic priorities of each company, with HUTCHMED focusing on rapid expansion and Summit maintaining a steady growth path.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025