S.F. Holding Co. Ltd Net Assets
S.F. Holding Co. Ltd net assets. Based on the latest financial reports, S.F. Holding Co. Ltd (002352) has net assets worth CN¥108.98 Billion CNY (≈ $15.95 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥217.93 Billion ≈ $31.89 Billion USD) and total liabilities (CN¥108.95 Billion ≈ $15.94 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore S.F. Holding Co. Ltd (002352) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥108.98 Billion |
| % of Total Assets | 50.01% |
| Annual Growth Rate | 57.76% |
| 5-Year Change | 80.3% |
| 10-Year Change | 14354.08% |
| Growth Volatility | 637.2 |
Net Assets of S.F. Holding Co. Ltd (2006–2024)
Net assets of S.F. Holding Co. Ltd from 2006 to 2024. This chart illustrates how S.F. Holding Co. Ltd's net assets have evolved over time, based on quarterly financial data. See 002352 net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for S.F. Holding Co. Ltd (2006–2024)
The table below shows the annual net assets of S.F. Holding Co. Ltd from 2006 to 2024. For live market cap and overall valuation, see S.F. Holding Co. Ltd (002352) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥102.34 Billion ≈ $14.97 Billion |
-0.92% |
| 2023-12-31 | CN¥103.28 Billion ≈ $15.11 Billion |
+5.08% |
| 2022-12-31 | CN¥98.29 Billion ≈ $14.38 Billion |
+0.38% |
| 2021-12-31 | CN¥97.92 Billion ≈ $14.33 Billion |
+72.51% |
| 2020-12-31 | CN¥56.76 Billion ≈ $8.31 Billion |
+33.57% |
| 2019-12-31 | CN¥42.49 Billion ≈ $6.22 Billion |
+15.12% |
| 2018-12-31 | CN¥36.91 Billion ≈ $5.40 Billion |
+12.77% |
| 2017-12-31 | CN¥32.73 Billion ≈ $4.79 Billion |
+59.23% |
| 2016-12-31 | CN¥20.56 Billion ≈ $3.01 Billion |
+2803.47% |
| 2015-12-31 | CN¥708.00 Million ≈ $103.60 Million |
-1.38% |
| 2014-12-31 | CN¥717.90 Million ≈ $105.05 Million |
-0.97% |
| 2013-12-31 | CN¥724.90 Million ≈ $106.08 Million |
+1.83% |
| 2012-12-31 | CN¥711.86 Million ≈ $104.17 Million |
-0.93% |
| 2011-12-31 | CN¥718.56 Million ≈ $105.15 Million |
+0.35% |
| 2010-12-31 | CN¥716.05 Million ≈ $104.78 Million |
+357.57% |
| 2009-12-31 | CN¥156.49 Million ≈ $22.90 Million |
+23.73% |
| 2008-12-31 | CN¥126.48 Million ≈ $18.51 Million |
+48.98% |
| 2007-12-31 | CN¥84.90 Million ≈ $12.42 Million |
+203.98% |
| 2006-12-31 | CN¥27.93 Million ≈ $4.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to S.F. Holding Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 283728.8% over the analyzed period, indicating profitable operations and earnings retention.
S.F. Holding Co. Ltd Net Assets Breakdown (December 2024)
S.F. Holding Co. Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥39.14 Billion | 42.55% |
| Common Stock | CN¥4.99 Billion | 5.42% |
| Other Components | CN¥47.87 Billion | 52.03% |
| Total Equity | CN¥91.99 Billion | 100.00% |
S.F. Holding Co. Ltd Competitors by Market Cap
The table below lists competitors of S.F. Holding Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Constellation Brands Inc Class A
NYSE:STZ
|
$24.34 Billion |
|
Huntington Bancshares Incorporated
NASDAQ:HBAN
|
$24.36 Billion |
|
Darden Restaurants Inc
NYSE:DRI
|
$24.39 Billion |
|
Insmed Inc
NASDAQ:INSM
|
$24.40 Billion |
|
Incyte Corporation
NASDAQ:INCY
|
$24.25 Billion |
|
NATURGY ENERGY ADR1/5/E01
F:GANA
|
$24.24 Billion |
|
TDK Corporation
F:TDKA
|
$24.19 Billion |
|
Sany Heavy Industry Co Ltd
SHG:600031
|
$24.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S.F. Holding Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 92,790,344,000 to 91,993,286,000, a change of -797,058,000 (-0.9%).
- Net income of 10,170,427,000 contributed positively to equity growth.
- Dividend payments of 9,602,792,000 reduced retained earnings.
- Share repurchases of 1,758,094,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥10.17 Billion | +11.06% |
| Dividends Paid | CN¥9.60 Billion | -10.44% |
| Share Repurchases | CN¥1.76 Billion | -1.91% |
| Other Changes | CN¥393.40 Million | +0.43% |
| Total Change | CN¥- | -0.86% |
Book Value vs Market Value Analysis
This analysis compares S.F. Holding Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 185.38x to 1.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.19 | CN¥34.54 | x |
| 2007-12-31 | CN¥0.56 | CN¥34.54 | x |
| 2008-12-31 | CN¥0.72 | CN¥34.54 | x |
| 2009-12-31 | CN¥0.89 | CN¥34.54 | x |
| 2010-12-31 | CN¥3.21 | CN¥34.54 | x |
| 2011-12-31 | CN¥3.06 | CN¥34.54 | x |
| 2012-12-31 | CN¥3.03 | CN¥34.54 | x |
| 2013-12-31 | CN¥3.12 | CN¥34.54 | x |
| 2014-12-31 | CN¥3.12 | CN¥34.54 | x |
| 2015-12-31 | CN¥0.18 | CN¥34.54 | x |
| 2016-12-31 | CN¥5.20 | CN¥34.54 | x |
| 2017-12-31 | CN¥7.67 | CN¥34.54 | x |
| 2018-12-31 | CN¥8.27 | CN¥34.54 | x |
| 2019-12-31 | CN¥9.59 | CN¥34.54 | x |
| 2020-12-31 | CN¥12.42 | CN¥34.54 | x |
| 2021-12-31 | CN¥18.02 | CN¥34.54 | x |
| 2022-12-31 | CN¥17.70 | CN¥34.54 | x |
| 2023-12-31 | CN¥19.11 | CN¥34.54 | x |
| 2024-12-31 | CN¥19.09 | CN¥34.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S.F. Holding Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.06%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.58%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 2.32x
- Recent ROE (11.06%) is below the historical average (38.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 37.57% | 9.28% | 0.97x | 4.17x | CN¥7.70 Million |
| 2007 | 42.08% | 15.93% | 1.16x | 2.28x | CN¥27.24 Million |
| 2008 | 32.88% | 10.58% | 1.46x | 2.12x | CN¥28.94 Million |
| 2009 | 26.63% | 10.06% | 1.12x | 2.36x | CN¥26.03 Million |
| 2010 | 3.32% | 5.02% | 0.58x | 1.13x | CN¥-47.85 Million |
| 2011 | 5.76% | 5.99% | 0.67x | 1.44x | CN¥-30.43 Million |
| 2012 | 6.71% | 5.73% | 0.80x | 1.46x | CN¥-23.40 Million |
| 2013 | 252.68% | 6.69% | 23.79x | 1.59x | CN¥1.76 Billion |
| 2014 | 66.65% | 1.23% | 40.37x | 1.34x | CN¥406.68 Million |
| 2015 | 155.57% | 2.29% | 54.33x | 1.25x | CN¥1.03 Billion |
| 2016 | 20.38% | 7.27% | 1.30x | 2.15x | CN¥2.13 Billion |
| 2017 | 14.61% | 6.70% | 1.24x | 1.76x | CN¥1.51 Billion |
| 2018 | 12.46% | 5.01% | 1.27x | 1.96x | CN¥899.80 Million |
| 2019 | 13.66% | 5.17% | 1.21x | 2.18x | CN¥1.55 Billion |
| 2020 | 12.98% | 4.76% | 1.39x | 1.97x | CN¥1.68 Billion |
| 2021 | 5.15% | 2.06% | 0.99x | 2.53x | CN¥-4.03 Billion |
| 2022 | 7.16% | 2.31% | 1.23x | 2.51x | CN¥-2.45 Billion |
| 2023 | 8.87% | 3.19% | 1.17x | 2.39x | CN¥-1.04 Billion |
| 2024 | 11.06% | 3.58% | 1.33x | 2.32x | CN¥971.10 Million |
Industry Comparison
This section compares S.F. Holding Co. Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $2,798,301,747
- Average return on equity (ROE) among peers: 18.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S.F. Holding Co. Ltd (002352) | CN¥108.98 Billion | 37.57% | 1.00x | $24.25 Billion |
| Citic Offshore Helicopter Co Ltd (000099) | $3.20 Billion | 4.70% | 0.77x | $1.38 Billion |
| Guangdong Jushen Logistics Co Ltd (001202) | $94.35 Million | 19.14% | 0.14x | $307.59 Million |
| YUNDA Holding Co Ltd (002120) | $19.31 Billion | 8.42% | 0.97x | $2.68 Billion |
| STO Express Co Ltd (002468) | $257.69 Million | 23.84% | 1.45x | $3.36 Billion |
| Hubeiyichang Transportation Group Co Ltd (002627) | $337.55 Million | 28.23% | 1.43x | $684.97 Million |
| Shenzhen Prolto Supply Chain Management Co Ltd (002769) | $401.80 Million | 26.82% | 54.64x | $328.32 Million |
| Xinjiang Tianshun Supply Chain Co Ltd (002800) | $243.96 Million | 13.27% | 0.92x | $269.80 Million |
| Shenzhen Easttop Supply Chain Management Co Ltd (002889) | $1.30 Billion | 9.14% | 4.24x | $824.00 Million |
| Jiangsu Xinning Modern Logist (300013) | $45.40 Million | 37.14% | 0.28x | $304.76 Million |
About S.F. Holding Co. Ltd
S.F. Holding Co., Ltd. engages in the logistics and freight forwarding services in China and internationally. It operates through three segments: Express and Large-volume Logistics; Instant delivery in the same city; and Supply Chain and International. The company offers courier, international freight forwarding, domestic and international express service, etc.; technical maintenance and developm… Read more