SF Holding Co Ltd Class A 002352

Morningstar Rating
CN¥30.67 +0.16 (0.52%)
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Company Report

Price vs Fair Value

002352 is trading at a LOCK|Jlk!YXT premium.
Price
CN¥30.67
Fair Value
LOCK|.b
Uncertainty
LOCK|>D
1-Star Price
LOCK|.<>K
5-Star Price
LOCK|.%&
Economic Moat
LOCK|w%C
Capital Allocation
LOCK|n$D@$$

Bulls Say, Bears Say

Bulls

SF would see better-than-expected efficiency improvement and revenue growth following the deployment of Asia’s first cargo hub airport, Ezhou Huahu airport.

Bears

A sharp increase in compensation and labor shortage against the backdrop of significantly more stringent regulations protecting delivery personnel and falling population dividend in China could materially increase costs and disrupt SF’s operations.

News

Trading Information

Previous Close Price
CN¥30.51
Day Range
CN¥30.37–30.73
52-Week Range
CN¥30.07–41.72
Bid/Ask
CN¥30.67 / CN¥30.68
Shares Outstanding
5.11B
Market Cap
CN¥156.57B
Volume/Avg
12M / 20M

Key Statistics

Price/Earnings (Normalized)
14.99
Price/Sales
0.49
Dividend Yield (Trailing)
3.00%
Dividend Yield (Forward)
3.20%
Dividend Payment Schedule
May, Sep
Total Yield
3.00%

Company Profile

SF Holding was the largest logistics integrated service provider in China and Asia, and the fourth largest globally in 2025 by revenue, according to Frost & Sullivan. It is the only large integrated logistics service provider in Asia that has direct control of its operations with minimal reliance on network partners. It is also independent of any e-commerce platforms. The company is equipped with full-product service capabilities in time-definite express delivery, economic express delivery, freight, cold chain and pharmaceutical, intracity on-demand delivery, international express delivery, international freight and forwarding, and supply chain.
Sector
Industrials
Industry
Integrated Freight & Logistics
Stock Style Box
Large Value
Total Number of Employees
158,761

Competitors

Valuation

Metric
002352
ZTO
DHL
Price/Earnings (Normalized)
14.9912.2522.64
Price/Book Value
1.571.572.78
Price/Sales
0.492.030.74
Price/Cash Flow
5.247.426.92
Price/Earnings
002352
ZTO
DHL

Financial Strength

Metric
002352
ZTO
DHL
Quick Ratio
1.051.420.84
Current Ratio
1.191.671.03
Interest Coverage
10.2357.075.40
Quick Ratio
002352
ZTO
DHL

Profitability

Metric
002352
ZTO
DHL
Return on Assets (Normalized)
5.49%11.19%5.07%
Return on Equity (Normalized)
12.25%16.48%16.33%
Return on Invested Capital (Normalized)
8.18%12.40%8.72%
Return on Assets
002352
ZTO
DHL

Integrated Freight & Logistics Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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LOCK|x$g^rCLOCK|?<&$79B
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DHLGY
LOCK|Ds?%DqLOCK|VD<<$71B
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FDX
LOCK|%?t%#xLOCK|k$Ll@$69B
Expeditors International of Washington Inc
EXPD
LOCK|Ys@h<wDLOCK|z$j$25B
JB Hunt Transport Services Inc
JBHT
LOCK|#?Pb@pLOCK|#bv&!$22B
C.H. Robinson Worldwide Inc
CHRW
LOCK|VC@rr^?ZLOCK|>N$$18B
FedEx Freight Holding Co Inc
FDXF
LOCK|dbv&@@wLOCK|#M$17B
ZTO Express (Cayman) Inc ADR
ZTO
LOCK|z#zd&ByLOCK|N>?c$15B
Landstar System Inc
LSTR
LOCK|$Y$Syx<LOCK|Y?$6B
Hub Group Inc Class A
HUBG
LOCK|Rbn@<y?LOCK|qb!nV$2B

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