As domestic express industry leading enterprises, motion controlling finish backdoor listings have four years of time, in A stock market, stock price through the downturn in the sideways for 2 years, causing all sorts of questions, the company’s share price in the last two years in the core assets hype tide outbreaks continue to become A member means of strands of war, price exceeding RMB one hundred, the year after the Spring Festival on the first day in the top of 124.70 yuan/share, the corresponding value of 568.6 billion yuan, easing the bit in A four-way, actual controllers of wang wei who then soared, once again broke into the top five of China’s rich list.
But SF Holdings, like other companies with ‘core assets,’ has seen its share price drop significantly since the Lunar New Year holiday, falling below the 100-yuan mark. Now SF Express Holdings ushered in the disclosure of the 2020 annual report, but also for investors to express a brother last year’s operating conditions, institutional shareholding situation for a deeper understanding, in order to make the judgment of the value of the company.
In the reporting period in 2020, motion controlling earned a quantity of 8.137 billion votes, up 68.46% from a year earlier, raise its market share to 9.76%, up 2.15% from a year earlier and finally realize the business income is 153.987 billion yuan, up 37.25% from a year earlier, the net profit attributable to shareholders of listed companies of 7.326 billion yuan, up 26.39% from a year earlier, after deducting non-recurring gains and losses attributable to shareholders of listed companies net profit of 6.132 billion yuan, up 45.74% from a year earlier. The key data recorded an overall positive growth, which was good. However, the gross profit margin of sales fell to 16.35%, down 1.07% compared with last year, and it was in a trend of year-on-year decline for three consecutive years. The company plans to pay a cash dividend of 3.3 yuan (tax included) per 10 shares, with a dividend yield of about 0.35% based on the closing price on the disclosure date.
According to the basic earnings per share of 1.64 yuan, compared with the closing price on the disclosure day of the annual report, the current earnings ratio of SF Express Holdings is about 57 times, which is obviously high compared to the average valuation of the global express industry of about 24 times. This is mainly due to the accelerated rise in the stock price of SF Holding in the past two years, which recorded an increase of nearly 139% in 2020. The increase in stock price is much faster than the increase in corporate profits. In this case, the company, as a member of the “core assets”, has been selected into the X Mao series and dubbed as “Kuaomao”, which brings the industry leading valuation plus.
Body movements in, as of the end of 2020, a total of 282 institutions rooted along abundant holdings, the number presented for two consecutive quarters of declining trend, the end of 2020 the number of institutions have dropped from 2020 half annals of more than 1 times, but the overall shareholding changes little, that as of late last year, large institutions basic are firmly held.
And from a number of shareholders, motion controlling half annals, at the end of the three quarterly reports, annual report shows as of June 30, on September 30, 31 December, the number of shareholders is respectively 53990, 81959, 118936, also can say that from the small and medium-sized institutions chips were mostly went to retail, half a year, the number of shareholders has more than doubled, the holding company is whole individual characteristics.