Analysts trim fair value for S.F. Holding stock

Published on 10/08/2026 at 12:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fair value for S.F. Holding stock fell to CNY 30.60 on October 1, 2026. First-half revenue rose 5.89 percent to CNY 155.50 billion.

S.F. Holding, CNE100000L63, Illustration mit AI erstellt.

S.F. Holding stock faced a lower fair value estimate of CNY 30.60 after Simply Wall St cut its consensus figure from CNY 34.64 on October 1, 2026. The revision puts valuation and operating growth at the center of the investment debate for the Chinese logistics group.

Fair value reflects slower growth

According to Simply Wall St on October 1, 2026, the estimate fell from CNY 34.64 to CNY 30.60. The analysis cited lower revenue-growth assumptions, a modestly higher profit margin and a reduced future price-to-earnings multiple.

The estimate is not a company guidance figure. It is a consensus-based valuation assessment, so the key question is whether international expansion can offset a slower growth profile in the core logistics business.

International logistics remains the growth engine

ET Net reported on August 28, 2026 that first-half revenue reached CNY 155.50 billion, an increase of 5.89 percent from the same period a year earlier. Adjusted net profit rose 9.30 percent to CNY 5.00 billion, showing stronger growth on the adjusted measure than on the top line.

The Supply Chain and International business increased revenue 15.60 percent year over year in the first half of 2026, while revenue excluding KLN grew 46.60 percent. That contrast gives investors a measurable reason to track the international platform, rather than relying only on consolidated revenue growth.

The same release said the company raised its 2026 interim dividend payout ratio to 45.00 percent from 40.00 percent for fiscal year 2025. It also reported that the A-share repurchase program cap had been doubled to CNY 6.00 billion, adding a shareholder-return element to the growth story.

Shenzhen price stays near yearly low

On the Shenzhen Stock Exchange, S.F. Holding stood at CNY 30.77 on October 8, 2026, up 0.33 percent from the prior close of CNY 30.67. The 52-week range was CNY 30.07 to CNY 41.40, placing the price near the lower end of its yearly band.

Market capitalization was CNY 147.7 billion on October 8, 2026. The combination of a lower CNY 30.60 fair value estimate and first-half international revenue growth of 15.60 percent leaves valuation discipline and overseas execution as the two clearest measures for the stock.