S.F. Holding (002352) Stock Overview
Provides integrated logistics services in China, Hong Kong, Macau, Taiwan, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
002352 Community Fair Values
Create NarrativeSee what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
S.F. Holding Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥34.36 |
| 52 Week High | CN¥51.13 |
| 52 Week Low | CN¥33.66 |
| Beta | 0.41 |
| 1 Month Change | -6.27% |
| 3 Month Change | -9.72% |
| 1 Year Change | -29.86% |
| 3 Year Change | -30.96% |
| 5 Year Change | -49.30% |
| Change since IPO | -17.22% |
Recent News & Updates
Narrative Update • Jun 03
002352: Expanded Share Repurchases And Dividend Will Support Future Upside Potential
Analysts have nudged their price target for S.F. Holding slightly lower to CN¥47.92 from CN¥47.92, reflecting small adjustments to assumptions around the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News A board meeting is scheduled for March 20, 2026 to consider changing the use of certain proceeds from the global offering.Narrative Update • May 11
002352: Expanded Share Buybacks And Dividend Will Support Future Upside Potential
Analysts have trimmed their price target for S.F. Holding to about CN¥47.92 from roughly CN¥48.76, reflecting updated assumptions around a slightly lower revenue growth outlook, a modestly higher profit margin, a small reduction in the discount rate, and a reduced future P/E multiple. What's in the News The board plans to meet on March 20, 2026 to review a proposal to change how certain proceeds from the global offering will be used.Narrative Update • Apr 26
002352: Expanded Share Buybacks And Dividend Will Support Future Upside Potential
Analysts have trimmed their price target on S.F. Holding slightly to reflect a fair value estimate of about CN¥48.76. This estimate is supported by updated assumptions for discount rate, revenue growth, profit margin and future P/E.Recent updates
Narrative Update • Jun 03
002352: Expanded Share Repurchases And Dividend Will Support Future Upside Potential
Analysts have nudged their price target for S.F. Holding slightly lower to CN¥47.92 from CN¥47.92, reflecting small adjustments to assumptions around the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News A board meeting is scheduled for March 20, 2026 to consider changing the use of certain proceeds from the global offering.Narrative Update • May 11
002352: Expanded Share Buybacks And Dividend Will Support Future Upside Potential
Analysts have trimmed their price target for S.F. Holding to about CN¥47.92 from roughly CN¥48.76, reflecting updated assumptions around a slightly lower revenue growth outlook, a modestly higher profit margin, a small reduction in the discount rate, and a reduced future P/E multiple. What's in the News The board plans to meet on March 20, 2026 to review a proposal to change how certain proceeds from the global offering will be used.Narrative Update • Apr 26
002352: Expanded Share Buybacks And Dividend Will Support Future Upside Potential
Analysts have trimmed their price target on S.F. Holding slightly to reflect a fair value estimate of about CN¥48.76. This estimate is supported by updated assumptions for discount rate, revenue growth, profit margin and future P/E.Narrative Update • Apr 10
002352: Expanded Buybacks And Capital Reduction Will Support Future Upside Potential
Analysts have moderately reduced their price target for S.F. Holding to about CN¥49.23 from CN¥49.84, citing updated assumptions for revenue growth, profit margins, the discount rate and future P/E expectations. What's in the News From January 1, 2026 to March 31, 2026, S.F. Holding repurchased 28,083,500 shares for CNY 1,057.28m, taking total repurchases under the April 28, 2025 buyback to 67,043,189 shares for CNY 2,599.77m, representing 1.33% of shares (Key Developments).Narrative Update • Mar 27
002352: Completed Share Repurchases Will Support Future Upside Potential
Analysts have trimmed their price target for S.F. Holding slightly to around CN¥49.84 from about CN¥50.10, reflecting modest adjustments to fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News S.F. Holding updated investors on its ongoing share repurchase program under the buyback announced on April 28, 2025 (company disclosure).Narrative Update • Mar 12
002352: Share Repurchases And Stable Profit Outlook Will Support Future Upside Potential
Analysts now estimate fair value for S.F. Holding at CN¥50.10 per share, which is broadly consistent with the previous target. This view is supported by slightly lower assumed discount rates, a marginally softer profit margin outlook, and a similar forward P/E framework.Narrative Update • Feb 26
002352: Share Buybacks And Governance Reforms Will Support Future Upside Potential
Analysts have maintained their CN¥50.10 price target on S.F. Holding, citing only small tweaks to underlying assumptions such as the discount rate, long term revenue growth, profit margin, and future P/E expectations. What's in the News S.F. Holding completed a share buyback program first announced on April 28, 2025, repurchasing a total of 38,959,689 shares, representing 0.78% of share capital, for CNY 1,542.49 million (Key Developments).Narrative Update • Feb 11
002352: Share Repurchases And Governance Reforms Will Support Future Share Price Appreciation
Analysts have slightly adjusted their view on S.F. Holding, trimming the average 12 month price target by a small amount to reflect modestly lower discount rate and future P/E assumptions while keeping fair value broadly anchored around CN¥50.10. What's in the News S.F. Holding completed a share repurchase of 38,959,689 shares, representing 0.78% of its share capital, for a total of CNY 1,542.49m under the buyback program announced on April 28, 2025 (Key Developments).Narrative Update • Jan 26
002352: Expanded Buyback Program Will Support Future Share Price Appreciation
Analysts have made a slight reduction to their price target on S.F. Holding, reflecting modest adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions rather than any major shift in the underlying story. What's in the News Between October 1, 2025 and December 31, 2025, S.F. Holding repurchased 31,527,041 shares, representing 0.63% of its share capital, for CNY 1,242.5 million under its ongoing buyback plan (company filing).Narrative Update • Jan 11
002352: Expanded Buyback And Governance Reforms Will Support Future Share Price Appreciation
Analysts have slightly reduced their price target on S.F. Holding, reflecting modest adjustments to fair value assumptions, the discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News From October 1, 2025 to December 31, 2025, S.F. Holding repurchased 31,527,041 shares, representing 0.63% of its share capital, for CNY 1,242.5 million under its ongoing buyback program (company disclosure).Narrative Update • Dec 15
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.Narrative Update • Nov 29
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.Narrative Update • Nov 15
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.Narrative Update • Oct 31
002352: Share Buyback Expansion And Dividend Actions Will Drive Next Phase
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.Narrative Update • Sep 14
Southeast Asia Freight And Digital Automation Will Open New Markets
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.Narrative Update • Aug 31
Southeast Asia Freight And Digital Automation Will Open New Markets
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.
New Narrative • Mar 30
Southeast Asia Freight And Digital Automation Will Open New Markets
Strategic focus on international growth and technological innovation aims to improve operational efficiency and revenue outside the domestic market.Shareholder Returns
| 002352 | CN Logistics | CN Market | |
|---|---|---|---|
| 7D | -1.4% | -1.7% | -1.5% |
| 1Y | -29.9% | -11.7% | 27.7% |
Return vs Industry: 002352 underperformed the CN Logistics industry which returned -13.5% over the past year.
Return vs Market: 002352 underperformed the CN Market which returned 25% over the past year.
Price Volatility
| 002352 volatility | |
|---|---|
| 002352 Average Weekly Movement | 2.7% |
| Logistics Industry Average Movement | 5.7% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in CN Market | 10.5% |
| 10% least volatile stocks in CN Market | 4.3% |
Stable Share Price: 002352 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 002352's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 158,761 | Dick Wang | www.sf-express.com |
S.F. Holding Co., Ltd., together with its subsidiaries, provides integrated logistics services in China, Hong Kong, Macau, Taiwan, and internationally. The company operates through three segments: Express and Large Items, Same-City Instant Delivery, and Supply Chain and International. It offers time-sensitive and economy express deliveries, as well as international, bulk, cold chain, and pharmaceutical shipping; same-city instant and last-mile delivery services; international express delivery, international freight forwarding, agency, and supply chain services, as well as warehousing and distribution services.
S.F. Holding Co., Ltd. Fundamentals Summary
| 002352 fundamental statistics | |
|---|---|
| Market cap | CN¥169.05b |
| Earnings (TTM) | CN¥11.41b |
| Revenue (TTM) | CN¥312.52b |
15.0x
P/E Ratio0.5x
P/S RatioIs 002352 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002352 income statement (TTM) | |
|---|---|
| Revenue | CN¥312.52b |
| Cost of Revenue | CN¥270.57b |
| Gross Profit | CN¥41.95b |
| Other Expenses | CN¥30.54b |
| Earnings | CN¥11.41b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.29 |
| Gross Margin | 13.42% |
| Net Profit Margin | 3.65% |
| Debt/Equity Ratio | 36.4% |
How did 002352 perform over the long term?
See historical performance and comparisonDividends
2.6%
Current Dividend Yield39%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 14:10 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
S.F. Holding Co., Ltd. is covered by 36 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cherry Leung | Bernstein |
| Fan Tso | BofA Global Research |
| Jiangnan Luo | China Galaxy Securities Co., Ltd. |