On the evening of March 18, S.F.Holding Co.Ltd(002352) released the operating data of February 2022, which showed that the total revenue of S.F.Holding Co.Ltd(002352) in that month reached 15.818 billion yuan, an increase of 41.11% year-on-year. Among them, the revenue of express logistics business was 9.849 billion yuan, the business volume was 638 million tickets, and the single ticket revenue was 15.44 yuan, a year-on-year increase of 5.46%. Supply chain and international business reached 5.969 billion yuan, a year-on-year increase of 485.77%.
The data also shows that the total revenue of S.F.Holding Co.Ltd(002352) 2022 from January to February reached 40.931 billion yuan, an increase of 48.33% year-on-year. Among them, the total revenue of express logistics business from January to February was 27.129 billion yuan, an increase of 7.15% over the same period last year; From January to February, the accumulated express logistics business volume totaled 1.627 billion tickets, an increase of 2.01% over the same period last year; From January to February, the single ticket income reached 16.67 yuan, a year-on-year increase of 5.04%.
China Industrial Securities Co.Ltd(601377) analysis shows that SF has a clear attitude of cost reduction and efficiency increase, guaranteed performance improvement, and optimized product structure, cost structure and pricing structure. It is expected that this year the company will be in the interweaving stage of gradual repair of performance and phased growth slowdown.
Data show that Kerry Logistics continues to contribute new business increment to SF. In February 2022, the operating revenue of SF supply chain and overseas business reached 5.969 billion yuan, a year-on-year increase of 485.77%. Analysts believe that affected by the epidemic, the demand for cross-border logistics has soared, China’s total import and export value of goods has repeatedly hit record highs, and the import and export of industrial and consumer goods has maintained a high growth rate, which has also become the driving force for logistics enterprises to increase resources into international business.
In addition, we will expand the business of SF global in the future. During the epidemic period, SF Airlines has always paid close attention to the epidemic prevention situation in China and the world, regarded serving the society and ensuring people’s livelihood as its own responsibility, and is committed to giving full play to the advantages of air freight in timeliness and stability, so as to provide safe and efficient air transportation services for the transportation of epidemic prevention materials, industrial materials and living materials.
Recently, the secondary market has fluctuated greatly. SF has implemented share repurchase since March 3. As of March 14, it has repurchased 187245 million shares of the company through centralized bidding, with a repurchase fund of about 1.007 billion yuan, demonstrating its confidence in the development prospect of the company.
Market participants believe that on the one hand, the repurchase of listed companies can boost market confidence. On the other hand, from the purpose of repurchasing shares, it is used to stimulate the core team, stimulate the initiative of the team and drive the growth of the company’s performance.
