S.F. Holding reports RMB 28.719 billion revenue: 28.13 percent growth tests S.F. Holding stock

Published on 10/20/2026 at 09:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September revenue rose 6.34 percent to RMB 28.719 billion in 2026. October 29 results give S.F. Holding stock a CNY 97.28 billion test.

International logistics gains share

On October 19, 2026, S.F. Holding reported RMB 28.719 billion in September revenue.
Supply chain and international revenue rose 28.13 percent during September 2026.
The next results date is October 29, 2026, with market capitalization at CNY 146.3 billion as of October 20, 2026.

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

S.F. Holding reported RMB 28.719 billion in September 2026 revenue on October 19, 2026, up 6.34 percent from a year earlier, while supply chain and international revenue rose 28.13 percent. The announcement also showed a sharper mix shift as parcel volume fell 7.25 percent but revenue per parcel increased 7.71 percent, according to TipRanks.

What does 6.34 percent growth mean?

The headline revenue gain was not driven by parcel volume. S.F. Holding's express logistics parcel volume declined 7.25 percent in September, while revenue per parcel rose 7.71 percent, pointing to a higher-value mix. Supply chain and international operations provided the stronger expansion, with revenue up 28.13 percent for the month, although the monthly figures were unaudited.

That combination gives the October results a clear test. A revenue increase built on pricing and international services would show whether S.F. Holding can offset slower domestic parcel volumes with more profitable logistics work.

Three dates show the sequence

On September 1, 2026, Jefferies cut its target from CNY 47.80 to CNY 42.50 while keeping a Buy rating, as reported by MarketScreener. On September 22, 2026, the company completed guaranteed note issues totaling CNY 10.0 billion, the same source reported. On October 19, 2026, S.F. Holding disclosed September revenue of RMB 28.719 billion.

When are the next results?

S.F. Holding is scheduled to release third-quarter 2026 results on October 29, 2026, according to MarketScreener. A separate financial summary lists CNY 97.28 billion as the revenue estimate for the September quarter, giving investors a specific benchmark for the upcoming report.

Stock valuation and exchange data

S.F. Holding was last at CNY 31.54 on Shenzhen on October 20, 2026 at 2:56 p.m. CST. Its market capitalization was CNY 146.3 billion, and its 52-week range was CNY 30.07 to CNY 41.37, both as of October 20, 2026. The company is identified as S.F. Holding Co., Ltd., ticker 002352.SZ, on the Shenzhen Stock Exchange by El Fondo.