Jingu Financial News | s.f. holding (06936) is currently recruiting shareholders. Zhongtai International has released research reports stating that s.f. holding is a global leading comprehensive logistics service provider established in 1993 in Shunde, guangdong, with two other key attributes to its business model: a self-operated model and an independent third party. Based on the 2023 revenue calculation, the company is the largest comprehensive logistics service provider in china and asia, and the fourth largest globally, with a 0.7% market share.

The bank pointed out that the company has a leading market position, with profits increasing from 2021 to the first half of 2024, and a slight increase in shareholder net income ratio. The company is expanding into markets outside of china to capture business opportunities. According to a report by Frost & Sullivan, it is expected that the proportion of china's logistics expenditure to the global total will decrease from 2023 to 2028, while the proportion for asia (excluding china) is expected to increase during the same period. In terms of valuation, comparing the pe ratio of ah stocks in 2023, the premium for ah stocks is about 23.8%-38.8%, and the valuation of listed companies in hong kong is not very attractive. However, the company has attracted many cornerstone investors, which is beneficial for market confidence. Therefore, based on the above, it is given a score of 70 and rated as "subscribe".