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S.F. Holding Co., Ltd.

S.F. Holding Co., Ltd.

002352.SZ
S.F. Holding Co., Ltd.CN flagShenzhen Stock Exchange
32.59
CNY
-0.20
- -
156.41BMarket Cap
S.F. Holding Co., Ltd.
002352.SZ
(Shenzhen Stock Exchange)

Recent

price

32.59

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.12
2.95
3.55
3.11
3.54
12.23
14.58
16.72
20.56
25.55
34.47
45.13
55.03
53.35
59.01
61.83
47.27
Revenue per Share
0.11
0.18
0.2
0.17
0.1
0.28
1.06
1.12
1.03
1.32
1.64
0.93
1.27
1.7
2.11
2.23
1.78
Basic EPS, GAAP
-1.02
-0.25
- -
-0.58
0.55
-0.67
0.21
0.16
-1.43
0.61
-0.21
-0.84
3.81
2.91
4.74
3.62
-1.6
Free Cash Flow per Basic Share
0.24
0.18
0.26
0.18
0.19
0.56
0.46
0.2
0.34
0.41
0.43
0.52
0.76
0.63
2.37
1.14
0.24
Dividend per Share
0.56
0.52
0.48
0.52
0.48
2.31
2.98
3.73
4.38
5.51
6.77
7.22
7.87
9.03
9.15
10.19
10.76
Book Value per Share
2.97
2.83
2.8
2.89
2.9
2.85
4.11
6.43
6.61
6.46
9.45
15.66
14.29
15.57
15.67
17.1
17.56
Tangible Book Value per Share
223
234
235
232
230
3,934
3,944
4,263
4,423
4,391
4,467
4,590
4,861
4,844
4,820
4,985
4,952
Basic Weighted Avg Shares
473
691
833
722
813
48,101
57,483
71,273
90,943
112,193
153,987
207,187
267,490
258,409
284,420
308,227
234,116
Sales/Revenue/Turnover
6.81
6.65
5.85
5.67
5.01
3.23
6.76
7.78
5.57
6.34
6.83
3.33
4.71
4.53
5.41
4.97
5.25
Operating Margin (%)
8
11
14
17
18
1,658
1,980
2,618
2,986
3,805
4,617
11,664
16,348
17,319
17,332
16,373
- -
Depreciation Expense
24
41
48
40
24
1,101
4,180
4,774
4,556
5,797
7,326
4,269
6,174
8,234
10,170
11,117
8,838
Net Income, GAAP
13.99
15.49
14.74
14.52
13.58
35.27
19.84
26.99
23.92
24.26
30.95
45.06
36.14
24.55
24.9
21.67
23.1
Effective Tax Rate (%)
5.02
5.99
5.73
5.58
2.97
2.29
7.27
6.7
5.01
5.17
4.76
2.06
2.31
3.19
3.58
3.61
3.78
Profit Margin (%)
539
499
454
444
467
2,158
3,493
10,354
5,569
11,947
9,868
18,090
12,997
17,001
16,493
18,432
19,559
Working Capital
7
7
7
7
54
4,027
5,211
3,251
7,403
17,138
10,291
30,109
34,982
38,189
33,223
27,131
25,655
LT Debt
716
719
712
725
718
13,759
21,006
32,930
37,064
42,526
56,760
97,915
98,286
103,284
102,335
110,325
111,602
Total Equity
5.04
4.77
4.76
3.58
3.61
7.59
10.53
10.33
7.81
8.78
9.79
3.21
5.09
5.35
7.01
7.56
5.87
Return on Invested Capital (%)
11.11
21.55
20.51
13.54
9.73
10.75
20.21
20.1
16.3
15.55
16.62
6.99
6.21
8.95
10.32
10.93
8.66
Return on Capital (%)
18.41
33.61
40.72
34.38
20.72
23.98
40.18
34.57
25.84
26.61
26.91
13.46
17.29
20.08
23.15
23.42
17.74
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
18,751
21,400
LT Borrowings
- -
17,542
16,036
LT Finance Leases
- -
9,588
9,619
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
5,039
5,039
Market Capitalization
200,234
190,254
188,390

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
91,327
90,087
Cash, Cash Equivalents & STI
- -
37,168
42,630
Accounts Receivable, Net
- -
30,607
29,040
Inventories
- -
3,039
3,057
Total Current Liabilities
- -
72,895
70,528
Payables & Accruals
- -
- -
- -
ST Debt
- -
18,751
21,400
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.51%
16.97%
7.81%
Free Cash Flow
-171.93%
-51.72%
-20.98%
Net Income, GAAP
41.19%
13.82%
9.31%
Sales/Revenue/Turnover
21.04%
15.74%
8.37%
Total Cash Common Dividend
32.07%
57.5%
-50.33%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
65,341
69,069
72,451
77,559
284,420
2025
69,850
77,008
- -
82,966
308,227
2026
74,142
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
- -
- -
- -
2.11
2025
0.45
- -
- -
- -
2.23
2026
0.51
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
- -
- -
2.37
2025
0.06
- -
- -
- -
1.14
2026
0.04
- -
- -
- -
- -
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Business
S.F. Holding Co., Ltd. operates as a comprehensive logistics and supply chain management company primarily engaged in express delivery services, freight transportation, warehousing and distribution, supply chain solutions, and e-commerce logistics. The company offers core services including domestic and international express delivery; cold chain logistics; freight forwarding by air, sea, and land; warehousing and inventory management; value-added logistics services; and technology-enabled supply chain management solutions. S.F. Holding also provides integrated logistics services tailored for various industries such as retail, healthcare, automotive, and technology. The company operates extensively across China as well as in international markets through a network of subsidiaries and strategic alliances. Founded in 1993 and headquartered in Shenzhen, China, S.F. Holding has developed into one of China’s leading logistics service providers with a strong emphasis on technology integration and innovation to enhance operational efficiency and customer experience. Recent major developments include expanding its international logistics footprint through strategic partnerships and acquisitions, launching new digital platforms to support cross-border e-commerce logistics, and investing in advanced cold chain capabilities to capture growth in the pharmaceutical and food sectors. These steps reflect a broader push to strengthen its global supply chain network and diversify its service offerings in response to evolving market demands. The company serves a broad customer base ranging from individual consumers to multinational corporations, emphasizing fast, reliable delivery and comprehensive logistics solutions. Its product and service categories cover last-mile delivery, heavy freight, express cargo, specialized transportation such as temperature-controlled shipments, and customized logistics consulting. S.F. Holding’s operational presence spans major Chinese cities and key international logistic hubs, enabling it to support domestic growth as well as global trade flows efficiently. The company’s ongoing innovation in logistics technology positions it as a competitive player in the evolving global logistics industry.