S.F. Holding reports first-half growth and S.F. Holding stock sits 2.59 percent above its low

Published on 10/09/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted net profit reached CNY 5.0 billion in first-half 2026, up 9.3 percent year over year. S.F. Holding stock has a 45 percent payout ratio for 2026.

Key points in brief

S.F. Holding reported adjusted net profit of CNY 5.0 billion for the first half of 2026, up 9.3 percent year over year.
Supply Chain and International revenue increased 15.6 percent year over year, while core revenue excluding KLN rose 46.6 percent.
S.F. Holding stock stood at CNY 30.85 on the Shenzhen Stock Exchange on October 9, 2026, 2.59 percent above its 52-week low.
The company proposed a 45 percent interim payout ratio for 2026 and raised CNY 10.0 billion through guaranteed bonds.

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

S.F. Holding stock stood at CNY 30.85 on the Shenzhen Stock Exchange on October 9, 2026, 2.59 percent above its 52-week low of CNY 30.07. On August 28, 2026, ET Net reported that S.F. Holding had delivered adjusted net profit of CNY 5.0 billion for the first half of 2026, up 9.3 percent year over year.

Chronology shows wider capital allocation

On August 28, 2026, S.F. Holding announced first-half revenue of CNY 155.5 billion and a proposed interim cash dividend of CNY 2.5 billion, according to ET Net.

On September 16, 2026, the company proposed guaranteed bonds totaling CNY 10.0 billion, split into CNY 5.0 billion due in 2029 and CNY 5.0 billion due in 2031, according to NewTimeSpace.

On September 22, 2026, a subsidiary invested CNY 100.0 million in a hard-tech venture fund, according to MT Newswires.

What supports the second growth curve?

The Supply Chain and International segment supplied the strongest operating comparison in the first half of 2026. Revenue increased 15.6 percent year over year, while core revenue excluding KLN rose 46.6 percent, according to ET Net.

The earnings call also showed the trade-off behind the result. Yahoo Finance reported that second-quarter revenue reached CNY 81.4 billion, up 5.7 percent year over year, while adjusted net profit reached CNY 2.7 billion, up 3.1 percent. Higher oil prices lifted transportation costs, but operational optimization and AI applications supported efficiency.

Dates for the next investor check

TradingView lists October 29, 2026 as the next earnings date for S.F. Holding. The bond timetable includes September 22, 2029, when the first CNY 5.0 billion tranche is due, and September 22, 2031, when the second tranche is due.

For market context, S.F. Holding had a market capitalization of CNY 148.1 billion on October 9, 2026. Its 52-week range was CNY 30.07 to CNY 41.40, leaving the Shenzhen-listed stock 25.48 percent below its 52-week high.