Who Optimizes SG&A Costs Better? HEICO Corporation or China Eastern Airlines Corporation Limited

Optimizing SG&A Costs: A Tale of Two Corporations

In the competitive world of corporate finance, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. This analysis compares the SG&A cost optimization strategies of HEICO Corporation and China Eastern Airlines Corporation Limited from 2014 to 2023.

HEICO Corporation, a leader in aerospace and electronics, consistently maintained lower SG&A expenses, averaging around 345 million annually. This reflects a strategic focus on cost efficiency, with a notable increase in 2023 to 517 million, indicating potential expansion or investment.

Conversely, China Eastern Airlines, a major player in the aviation industry, exhibited higher SG&A expenses, averaging 3.5 billion annually. The airline's costs peaked in 2023 at 7.25 billion, possibly due to post-pandemic recovery efforts.

While HEICO's expenses grew by approximately 75% over the decade, China Eastern Airlines saw a 75% increase in 2023 alone, highlighting differing financial strategies and market challenges.