SF Holding Co Ltd Class A
002352: XSHE (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.! | LOCK|S^ | LOCK|>K@!<&L |
SF Holding Earnings: Long-Term Competitiveness Maintained Due to Investment in Scale and Service
SF Holding’s core EBIT fell 1% year on year in the quarter despite an 11% increase in revenue. Management guided for 2025 capital expenditure to be similar to or lower than 2024. The peak of capex has passed. Capex as a percentage of revenue fell to 2.9% in the first half from 4.1% a year ago.
