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S.F. Holding Co., Ltd. Class H logo

S.F. Holding Co., Ltd. Class H

6936.HK

HKSEIndustrialsIntegrated Freight & Logistics

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Latest quote

HK$32.48

−HK$0.14 · -0.43%

Aug 24, 10:57 AM HKT

6936.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

S.F. Holding Co., Ltd. engages in the provision of express logistics services. It engages in traditional express, heavy freight, cold chain service, international business, and intra-city express. It also offers front-end processes, such as production, supply, marketing, and distribution of the value chain. The company was founded by Wei Wang on October 26, 2007 and is headquartered in Shenzhen, China.

Industry
Integrated Freight & Logistics
Sector
Industrials
Headquarters
CN
CEO
Wei Wang
Listed since
Nov 27, 2024
Employees
158,761

Market position

Day range

Current HK$32.48

52-week range

Current HK$32.48

Open
HK$32.30
Previous close
HK$32.62
Volume
447.35K
0.28× average
Average volume
1.58M
Average daily volume
Market cap
171.02B HKD
Beta
0.42
Market reference 1
50-day average
HK$31.8104
+2.10% above average
200-day average
HK$34.1921
-5.01% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends15%10%6%1%Gross margin, FY2021: 12.37%Gross margin, FY2022: 12.49%Gross margin, FY2023: 12.82%Gross margin, FY2024: 13.93%Gross margin, FY2025: 13.32%Operating margin, FY2021: 3.50%Operating margin, FY2022: 4.12%Operating margin, FY2023: 4.05%Operating margin, FY2024: 4.81%Operating margin, FY2025: 4.97%Net margin, FY2021: 2.06%Net margin, FY2022: 2.31%Net margin, FY2023: 3.19%Net margin, FY2024: 3.58%Net margin, FY2025: 3.61%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.37%. Gross margin FY2022 12.49%. Gross margin FY2023 12.82%. Gross margin FY2024 13.93%. Gross margin FY2025 13.32%. Operating margin FY2021 3.50%. Operating margin FY2022 4.12%. Operating margin FY2023 4.05%. Operating margin FY2024 4.81%. Operating margin FY2025 4.97%. Net margin FY2021 2.06%. Net margin FY2022 2.31%. Net margin FY2023 3.19%. Net margin FY2024 3.58%. Net margin FY2025 3.61%.

Income trends

Revenue

308.23B HKD+8.37%

Operating income

15.32B HKD+12.05%

Net income

11.12B HKD+9.31%
Income trends across reported periods338.62B HKD217.04B HKD95.46B HKD−26.13B HKDRevenue, FY2021: 207.19B HKDRevenue, FY2022: 267.49B HKDRevenue, FY2023: 258.41B HKDRevenue, FY2024: 284.42B HKDRevenue, FY2025: 308.23B HKDOperating income, FY2021: 7.25B HKDOperating income, FY2022: 11.03B HKDOperating income, FY2023: 10.45B HKDOperating income, FY2024: 13.67B HKDOperating income, FY2025: 15.32B HKDNet income, FY2021: 4.27B HKDNet income, FY2022: 6.17B HKDNet income, FY2023: 8.23B HKDNet income, FY2024: 10.17B HKDNet income, FY2025: 11.12B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 207.19B HKD. Revenue FY2022 267.49B HKD. Revenue FY2023 258.41B HKD. Revenue FY2024 284.42B HKD. Revenue FY2025 308.23B HKD. Operating income FY2021 7.25B HKD. Operating income FY2022 11.03B HKD. Operating income FY2023 10.45B HKD. Operating income FY2024 13.67B HKD. Operating income FY2025 15.32B HKD. Net income FY2021 4.27B HKD. Net income FY2022 6.17B HKD. Net income FY2023 8.23B HKD. Net income FY2024 10.17B HKD. Net income FY2025 11.12B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue308.23B HKD284.42B HKD258.41B HKD267.49B HKD207.19B HKD
Cost of goods sold267.18B HKD244.81B HKD225.27B HKD234.07B HKD181.55B HKD
Gross profit41.05B HKD39.61B HKD33.14B HKD33.42B HKD25.64B HKD
Research and development2.17B HKD2.53B HKD2.29B HKD2.22B HKD1.95B HKD
Selling, general, and administrative23.41B HKD4.86B HKD4.73B HKD4.39B HKD4.59B HKD
Operating expenses25.73B HKD25.94B HKD22.68B HKD23.2B HKD18.39B HKD
Interest income262.85M HKD617.71M HKD633.37M HKD345.66M HKD187.79M HKD
Interest expense1.75B HKD2.37B HKD2.66B HKD1.44B HKD546.65M HKD
Depreciation and amortization16.37B HKD17.33B HKD19.14B HKD18.97B HKD11.66B HKD
Operating income15.32B HKD13.67B HKD10.45B HKD11.03B HKD7.25B HKD
Net income11.12B HKD10.17B HKD8.23B HKD6.17B HKD4.27B HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
67%
6 beats, 3 misses, 0 met estimates
Average EPS surprise
+15.57%
9 comparable reports
Latest EPS result
0.57
Estimate 0.55 · Beat by 3.80%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.810.670.520.38Q4 '24BeatQ4 '24No estimateQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Oct 30, 2024: actual 0.649, estimate 0.516, surprise +25.78%, Beat. Q4 2024, reported Dec 31, 2024: actual 0.547, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 0.479, estimate 0.501, surprise -4.31%, Miss. Q3 2025, reported Aug 28, 2025: actual 0.772, estimate 0.5, surprise +54.40%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.558, estimate 0.659, surprise -15.33%, Miss. Q1 2026, reported Mar 30, 2026: actual 0.636, estimate 0.419, surprise +51.65%, Beat. Q2 2026, reported Apr 28, 2026: actual 0.573, estimate 0.552, surprise +3.80%, Beat. Q3 2026, reported Aug 28, 2026: actual —, estimate 0.648, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates101.04B90.91B80.78B70.65BQ4 '24BeatQ4 '24No estimateQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26Estimate
Q4 2024, reported Oct 30, 2024: actual 80.17B HKD, estimate 76.71B HKD, surprise +4.52%, Beat. Q4 2024, reported Dec 31, 2024: actual 82.51B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 28, 2025: actual 74.54B HKD, estimate 75.99B HKD, surprise -1.92%, Miss. Q3 2025, reported Aug 28, 2025: actual 84.25B HKD, estimate 83.56B HKD, surprise +0.83%, Beat. Q4 2025, reported Oct 30, 2025: actual 85.66B HKD, estimate 87.47B HKD, surprise -2.07%, Miss. Q1 2026, reported Mar 30, 2026: actual 94.16B HKD, estimate 91.3B HKD, surprise +3.13%, Beat. Q2 2026, reported Apr 28, 2026: actual 85.03B HKD, estimate 85.16B HKD, surprise -0.15%, Miss. Q3 2026, reported Aug 28, 2026: actual —, estimate 97.15B HKD, surprise —, Comparison unavailable.

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ETFs holding 6936.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
15.08M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
14.25M
Weight
0.01%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$60.45+0.72%
Vanguard FTSE All-World ex-US ETF logoVanguard FTSE All-World ex-US ETFVEU
Market value
3.56M
Weight
0.00%
AUM
95.9B USD
Expense ratio
0.04%
Price / 1D
$85.69+0.82%
iShares China Large-Cap ETF logoiShares China Large-Cap ETFFXI
Market value
3.5M
Weight
0.08%
AUM
4.27B USD
Expense ratio
0.73%
Price / 1D
$35.86+0.53%
Vanguard International High Dividend Yield ETF logoVanguard International High Dividend Yield ETFVYMI
Market value
1.45M
Weight
0.01%
AUM
21.9B USD
Expense ratio
0.07%
Price / 1D
$105.25+1.02%
Schwab Emerging Markets Equity ETF logoSchwab Emerging Markets Equity ETFSCHE
Market value
1.08M
Weight
0.01%
AUM
12.89B USD
Expense ratio
0.06%
Price / 1D
$36.97+0.71%
Dimensional - Emerging Markets Core Equity 2 ETF logoDimensional - Emerging Markets Core Equity 2 ETFDFEM
Market value
926.38K
Weight
0.01%
AUM
9.49B USD
Expense ratio
0.39%
Price / 1D
$39.93+0.50%
Vanguard Total World Stock ETF logoVanguard Total World Stock ETFVT
Market value
774.35K
Weight
0.00%
AUM
97.9B USD
Expense ratio
0.06%
Price / 1D
$160.77+0.53%

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