|Bid||89.81 x N/A|
|Ask||89.82 x N/A|
|Day's Range||88.36 - 92.36|
|52 Week Range||36.01 - 93.89|
|Beta (5Y Monthly)||0.43|
|PE Ratio (TTM)||61.35|
|Earnings Date||Oct 27, 2020|
|Forward Dividend & Yield||0.27 (0.30%)|
|Ex-Dividend Date||Apr 24, 2020|
|1y Target Est||48.02|
Moody's Investors Service says that S.F. Holding Co., Ltd.'s ("SF") 2019 results are in line with its expectations, and that there is no immediate impact on the company's A3 issuer ratings or negative outlook. "SF's steady revenue growth, stable cash flow and strengthened cash position provide some buffers against China's slowing economic growth," says Lina Choi, a Moody's Senior Vice President. The company's revenue increased by 23.4% to RMB112 billion in 2019, driven by the solid revenue growth in its "economy express" segment, which grew 32% when compared to 2018, and accounted for 24% of SF's total revenues.
Moody's Investors Service has assigned a A3 senior unsecured rating to the proposed USD notes to be issued by SF Holding Investment Limited -- a wholly-owned subsidiary of S.F. Holding Co., Ltd. (SF) -- based on the unconditional and irrevocable guarantee provided by SF. The bond rating reflects Moody's expectation that SF will complete the bond issuance upon satisfactory terms and conditions, including proper registration with the National Development and Reform Commission in China (A1 stable). "The proposed notes will have no material impact on SF's debt leverage, as SF will mainly use the proceeds to refinance existing debt," says Lina Choi, a Moody's Senior Vice President.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of S.F. Holding Co., Ltd. Hong Kong, January 21, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of S.F. Holding Co., Ltd. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.