002352: Share Buyback Expansion And Dividend Actions Will Drive Next Phase

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

30 Mar 25

Updated

15 Dec 25

Views

33

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-5.4%

7D

0.3%

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1Y

-5.4%

7D

0.3%

You can edit this narrative until Dec 16 7:10 AM. Then, changes will post as Updates.

Author's Valuation

CN¥50.6825.2% undervalued

AnalystConsensusTarget Fair Value

Shared on 15 Dec 25

002352: Expanded Share Buyback Authorization Will Support Future Share Price Appreciation

Analysts have nudged their price target on S.F. Holding only marginally higher, reflecting slightly increased assumptions for long term revenue growth and discount rate while keeping fair value essentially unchanged at about $50.68 per share. What's in the News S.F. Holding has called a special or extraordinary shareholders meeting for December 30, 2025 at 15:00 China Standard Time in Shenzhen, China to address corporate matters requiring shareholder approval (Key Developments) On October 30, 2025, the company increased its equity buyback authorization by CNY 2,000 million to a total of CNY 3,000 million and extended the program through October 29, 2026, indicating an ongoing capital return to shareholders (Key Developments) Between April 28, 2025 and September 30, 2025, S.F. Holding repurchased 7,432,648 shares, representing 0.15 percent of its share capital, for CNY 299.99 million, completing a previously announced buyback tranche (Key Developments) Valuation Changes The fair value estimate remained effectively unchanged at about $50.68 per share, indicating no material revision to intrinsic value.

Shared on 29 Nov 25

002352: Buyback Increase To CN¥3,000 Million Will Drive Share Price Higher

Analysts have modestly lowered their price target for S.F. Holding, with updated estimates now at ¥50.68. Recent reassessments reflect small shifts in expected discount rate and earnings multiples.

Shared on 15 Nov 25

Fair value Decreased 3.19%

002352: Increased Buyback Authorization Will Support Share Price Over Next Year

Analysts have revised their price target for S.F. Holding downward from $52.35 to $50.68. They cited slightly reduced expectations for revenue growth and profit margins, as well as a marginally higher discount rate.

Shared on 31 Oct 25

Fair value Decreased 3.09%

Narrative Update on S.F. Holding: Analyst Price Target Change Analysts have lowered their fair value estimate for S.F. Holding from ¥54.02 to ¥52.35. They attribute the change to more cautious projections for revenue growth, a slightly higher discount rate, and only modest improvements in profit margins.

Shared on 14 Sep 25

Fair value Decreased 1.02%

S.F. Holding’s key financial metrics, including discount rate and net profit margin, showed negligible changes, resulting in the consensus analyst price target remaining essentially stable with a slight decrease from CN¥54.58 to CN¥54.02. What's in the News Extraordinary General Meeting to consider changes in registered capital, amendments to articles of association, and stock ownership plan.

Shared on 31 Aug 25

Fair value Decreased 0.71%

S.F. Holding’s valuation metrics remain stable, with both the discount rate and net profit margin showing negligible changes, supporting a marginal increase in the consensus analyst price target from CN¥54.96 to CN¥55.59. What's in the News Board approved interim results for six months ended June 30, 2025, and is considering payment of an interim dividend.

Shared on 01 May 25

Fair value Increased 5.68%

Shared on 23 Apr 25

Fair value Increased 0.077%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 0.12%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 4.57%

AnalystConsensusTarget has increased revenue growth from 7.9% to 9.0% and decreased shares outstanding growth rate from 0.0% to 0.0%.

AnalystConsensusTarget Fair Value

CN¥50.68

25.2% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

7.52%

Logistics revenue growth rate

0.22%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.16%

Calculation

CN¥14.68b

Earnings '28

x

22.88x

PE Ratio '28

=

CN¥335.99b

Market Cap '28

CN¥335.99b

Market Cap '28

/

5.24b

No. shares '28

=

CN¥64.16

Share Price '28

CN¥64.16 Share Price '28

Discounted to 2025 @ 8.18% p.a.

=

CN¥50.68

Fair Value '25