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002352.SHE S.F. Holding Co. Ltd
- Market cap
- CNY 171B
- P/E
- 15.3x
- P/B
- 1.64x
- ROE
- 10.7%
- Dividend yield
- 3.31%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002352.SHE undervalued?
Graham number002352.SHE trades 5.5% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
S.F. Holding Co. Ltd fundamental analysis
No fundamental analysis for S.F. Holding Co. Ltd yet.
S.F. Holding Co. Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About S.F. Holding Co. Ltd
S.F. Holding Co., Ltd., together with its subsidiaries, provides integrated logistics services in China, Hong Kong, Macau, Taiwan, and internationally. The company operates through three segments: Express and Large Items, Same-City Instant Delivery, and Supply Chain and International. It offers time-sensitive and economy express deliveries, as well as international, bulk, cold chain, and pharmaceutical shipping; same-city instant and last-mile delivery services; internationa…
Full company profileS.F. Holding Co. Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
S.F. Holding Co. Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 57.5B | 71.3B | 90.9B | 112B | 154B | 207B | 267B | 258B | 284B | 308B | 317B |
| Gross Profit | 11.3B | 17.8B | 16.3B | 19.5B | 25.1B | 25.7B | 33.4B | 33.1B | 39.6B | 41.0B | 41.8B |
| Operating Income | 3.69B | 6.46B | 5.82B | 7.41B | 10.1B | 7.25B | 11.0B | 10.5B | 13.7B | 15.3B | 16.1B |
| EBITDA | 5.85B | 7.94B | 7.78B | 10.3B | 13.9B | 11.6B | 20.3B | 21.0B | 23.8B | 33.0B | 16.8B |
| Net Income | 4.18B | 4.77B | 4.56B | 5.80B | 7.33B | 4.27B | 6.17B | 8.23B | 10.2B | 11.1B | 11.0B |
| EPS | 1.06 | 1.12 | 1.03 | 1.31 | 1.61 | 0.93 | 1.27 | 1.70 | 2.11 | 2.21 | 2.15 |
| Balance Sheet | |||||||||||
| Total Assets | 44.1B | 57.7B | 71.6B | 92.5B | 111B | 210B | 217B | 221B | 214B | 216B | 239B |
| Total Liabilities | 25.1B | 28.3B | 34.7B | 50.3B | 54.4B | 112B | 119B | 118B | 111B | 106B | 126B |
| Shareholders' Equity | 20.5B | 32.9B | 36.7B | 42.4B | 56.4B | 82.9B | 86.3B | 92.8B | 92.0B | 99.3B | 102B |
| Cash & Short-term Investments | 6.95B | 17.3B | 16.1B | 21.4B | 22.7B | 45.7B | 48.4B | 48.8B | 45.2B | 21.0B | 37.5B |
| Total Debt | 10.9B | 7.87B | 16.0B | 23.2B | 18.3B | 48.5B | 47.8B | 56.4B | 48.2B | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 5.68B | 6.11B | 5.42B | 9.12B | 11.3B | 15.4B | 32.7B | 26.6B | 32.2B | 27.6B | - |
| Capital Expenditure | 4.86B | 5.64B | 11.6B | 6.42B | 12.3B | 19.2B | 14.2B | 12.5B | 9.34B | 9.51B | 13.1B |
| Free Cash Flow | 813M | 466M | -6.21B | 2.70B | -944M | -3.84B | 18.5B | 14.1B | 22.8B | 18.0B | 12.4B |
| Ratios | |||||||||||
| ROE | 20.4% | 14.5% | 12.4% | 13.7% | 13.0% | 5.1% | 7.2% | 8.9% | 11.1% | 11.2% | 10.7% |
| ROA | 9.5% | 8.3% | 6.4% | 6.3% | 6.6% | 2.0% | 2.8% | 3.7% | 4.8% | 5.1% | 4.6% |
| Net Profit Margin | 7.3% | 6.7% | 5.0% | 5.2% | 4.8% | 2.1% | 2.3% | 3.2% | 3.6% | 3.6% | 3.5% |
| Debt to Equity | 0.53x | 0.24x | 0.44x | 0.55x | 0.32x | 0.58x | 0.55x | 0.61x | 0.52x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
S.F. Holding Co. Ltd dividends
- Dividend yield
- 3.31%
- Forward dividend
- 0.98 CNY
- Payout ratio
- 51.0%
- Ex-dividend date
- Sep 17, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 5.67B | 1.13 | 51.0% |
| 2024 | CNY 9.60B | 1.99 | 94.4% |
| 2023 | CNY 3.63B | 0.75 | 44.1% |
| 2022 | CNY 875M | 0.18 | 14.2% |
| 2021 | CNY 1.50B | 0.33 | 35.1% |
| 2020 | CNY 1.19B | 0.26 | 16.2% |
| 2019 | CNY 924M | 0.21 | 15.9% |
| 2018 | CNY 1.52B | 0.34 | 33.5% |
| 2017 | CNY 843M | 0.20 | 17.7% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 20:10 on May 26, 2016.
Who owns S.F. Holding Co. Ltd
- Insiders 60.88%
- Institutions 4.96%
- Public & others 34.17%
- Shares outstanding 4.64B
- Free float 2.35B
S.F. Holding Co. Ltd company profile
- Company name
- S.F. Holding Co. Ltd
- Ticker
- 002352.SHE
- ISIN
- CNE100000L63
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Feb 5, 2010
- Sector
- Industrials
- Industry
- Air Freight & Logistics
- Employees
- 158,761
- Fiscal year end
- December
- Address
- Shenzhen Investment Holdings Innovation Park Building, Shenzhen, China, 518057
- Phone
- 86 755 3639 5338
- Website
- sf-express.com
About S.F. Holding Co. Ltd
S.F. Holding Co., Ltd., together with its subsidiaries, provides integrated logistics services in China, Hong Kong, Macau, Taiwan, and internationally. The company operates through three segments: Express and Large Items, Same-City Instant Delivery, and Supply Chain and International. It offers time-sensitive and economy express deliveries, as well as international, bulk, cold chain, and pharmaceutical shipping; same-city instant and last-mile delivery services; international express delivery, international freight forwarding, agency, and supply chain services, as well as warehousing and distribution services. The company also provides technology services, including smart express delivery, smart life, smart business, and smart supply chain software, as well as smart hardware; and supply chain solutions for automotive, technology, industrial equipment, consumer goods, retail food and catering, life sciences and pharmaceuticals, finance and insurance, and government and enterprise services sectors. In addition, it is involved in air cargo and mail transportation; technical maintenance and development services; business information and enterprise management consulting; value-added telecommunications services; management of e-commerce industrial parks; driving services; factoring business; financing and wealth management; retail; leasing; property management; scientific research and technical services; postal services; and asset, capital, and investment management. The company was founded in 1993 and is headquartered in Shenzhen, China.
S.F. Holding Co. Ltd management
10- Mr. Wei WangFounder, Chairman & GM · born 1970
- Mr. Sheng LiDeputy General Manager · born 1966
- Mr. Yankun GengDeputy General Manager · born 1986
- Mr. Xu BensongExecutive Director · born 1985
- Ms. Ling GanDeputy GM & Secretary · born 1974
- Mr. Haijin SunDeputy General Manager · born 1979
- Mr. Sihai HuangDeputy General Manager · born 1982
- Mr. Zhijun XuChief Operating Officer · born 1976
- Xiao Fei HuAccounting Supervisor
- Mr. Xiwen ChenHead of IR Department