SF Holding Co Ltd Class A
002352: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.K | LOCK|#%& | LOCK|!Cq&?% |
SF Holding Earnings: Margin Expansion Continues; Shares Undervalued
SF Holding, or SF's, revenue and recurring EBIT grew 10% and 32% year on year in 2024, respectively. Net margin rose to 3.6% in 2024 from 3.1% in 2023. SF plans to gradually raise the dividend payout ratio over 2025-28 from 40% in 2024. Including special dividend, 2024 payout ratio was 87%.
