On February 18, S.F.Holding Co.Ltd(002352) released the operating data of January 2022, which showed that the company's revenue reached 25.113 billion yuan in January, a year-on-year increase of 53.27%. Among them, the revenue of express logistics business reached 17.28 billion yuan, a year-on-year increase of 14.23%, and the business volume was 989 million tickets, a year-on-year increase of 10.01%; The revenue of supply chain and international business reached 7.833 billion yuan, a year-on-year increase of 522.66%.
The data show that S.F.Holding Co.Ltd(002352) has achieved remarkable results in adhering to quality and healthy operation. In January 2022, the average ticket revenue reached 17.47 yuan, an increase of 3.80% year-on-year and 6.33% month on month. In recent three months, the single ticket revenue has increased year-on-year and month on month.
During the Spring Festival in 2022, SF maintained its consistent business stability during the Spring Festival. SF, which has been "closed during the Spring Festival" for 15 years, is more perfect and sufficient in terms of resources and personnel security. According to reports, before the Spring Festival, SF added about 20000 employees and 380000 front-line personnel. It insisted on providing non-stop receiving and dispatching services throughout the year during the Spring Festival. Since the first ten days of January, SF has successively added more than 20 Chinese freight routes, with more than 60 full cargo aircraft put into support, making every effort to serve the transportation timeliness of annual goods and materials, focusing on thousands of flow directions in 110 key core cities across the country, and ensuring that the key flow directions can be delivered the next day through SF express service.
In order to help businesses not close during the Spring Festival, SF warehouse distribution integration services are constantly available during the Spring Festival, covering more than 300 cities and more than 100 warehouses across the country, helping customers integrate multi-channel warehouse distribution resources to achieve resource matching and efficient matching of all categories of inventory.
Supply chain and international business have become the highlights of SF's monthly data. In January 2022, the operating revenue of supply chain and international business reached 7.833 billion yuan, a year-on-year increase of 522.66%, continuing the strong increase since the fourth quarter of 2021.
With the slow growth of the Chinese market and the gradual entry of the market into the stock competition, SF's overseas business layout is more advanced and has become a new growth "factor" of the company. SF completed the equity acquisition of Kerry Logistics in 2021, bringing Kerry's advantages in aviation, freight forwarding, shipping and international contract logistics into the big SF system, effectively improving SF's international business strength and helping SF expand its overseas business segment rapidly.
Analysts believe that under the tight global supply chain, Kerry will integrate SF's international freight business from the second half of 2021 to achieve a certain synergy, which will help SF improve its performance.
