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SF Will See Higher Labor Costs in the Near Term to Improve Service Quality
Through organic growth and acquisitions, SF Holdings has become the largest integrated logistics services provider in China and Asia and the fourth-largest globally.
SF Holding Co Ltd Class A 002352
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.
Trading Information
- Previous Close Price
- CNY 35.69
- Day Range
- CNY 34.52–35.69
- 52-Week Range
- CNY 32.93–50.87
- Bid/Ask
- CNY 35.27 / CNY 35.30
- Market Cap
- CNY 170.00 Bil
- Volume/Avg
- 11.4 Mil / 17.3 Mil
Key Statistics
- Price/Earnings (Normalized)
- 22.60
- Price/Sales
- 0.66
- Dividend Yield (Trailing)
- 1.68%
- Dividend Yield (Forward)
- 1.68%
- Total Yield
- 1.68%
Company Profile
SF Holdings was the largest logistics integrated service provider in China and Asia, and the fourth largest globally in 2022 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, according to SF’s Hong Kong secondary listing filing. 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 Core
- Total Number of Employees
- 153,125
- Website
- https://www.sf-express.com
Competitors
Valuation
|
Metric
|
002352
|
FDX
|
DHL
|
|---|---|---|---|
Price/Earnings (Normalized) | 22.60 | 17.29 | 12.61 |
Price/Book Value | 1.91 | 2.68 | 1.99 |
Price/Sales | 0.66 | 0.87 | 0.56 |
Price/Cash Flow | 6.40 | 6.49 | 5.67 |
Price/Earnings
002352
FDX
DHL
Financial Strength
|
Metric
|
002352
|
FDX
|
DHL
|
|---|---|---|---|
Quick Ratio | 1.07 | 1.17 | 0.74 |
Current Ratio | 1.22 | 1.31 | 0.95 |
Interest Coverage | 5.36 | 16.46 | 7.22 |
Quick Ratio
002352
FDX
DHL
Profitability
|
Metric
|
002352
|
FDX
|
DHL
|
|---|---|---|---|
Return on Assets (Normalized) | 3.30% | 5.74% | 5.51% |
Return on Equity (Normalized) | 8.04% | 19.12% | 16.07% |
Return on Invested Capital (Normalized) | 5.12% | 8.22% | 9.19% |
Return on Assets
002352
FDX
DHL
Integrated Freight & Logistics Industry Comparables
|
1-Day Chart
|
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Morningstar Rating for Stocks
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Market Cap
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