S.F. Holding (06936) releases its annual performance results, with a net profit of 11.685 billion yuan, a year-on-year increase of 14.35%. Its operating income has surpassed the 300 billion yuan mark for the first time.

S.F. Holding (06936) released its annual performance for the year ending December 31, 2025. The Group's operating income was RMB 308.227 billion, an increase of 8.37% year-on-year; net profit was RMB 116.85 billion, an increase of 14.35% year-on-year; gross profit was RMB 40.284 billion, an increase of 3.57% year-on-year; earnings per share were RMB 4.3 for every 10 shares. Adhering to high-quality development and focusing on value operation. In 2025, the company deepened the "activation operation" mechanism, fully stimulating the entrepreneurial spirit of all employees, promoting the growth of business scale, with the total business volume exceeding 16.7 billion parcels for the year, a year-on-year increase of 25.4%, with growth rate higher than the overall level of the express industry. At the same time, in the second half of the year, the company gradually optimized market strategies, focusing on high-value businesses and lean operation, advancing from "scale-driven" to "value-driven", and laying a solid foundation for the company's high-quality development. In the fourth quarter of 2025, the profit attributable to the company's owners increased by 9.3% compared to the third quarter, achieving better results than the market expectations conveyed in the company's third quarter report. Relying on a complete product matrix and a high-quality service system, the company accurately connects with the logistics needs of emerging industries, adapting to new scenarios and trends in the consumer market, empowering industry upgrades and consumer iterations with outstanding services. The high-end time-effective services achieved steady growth higher than the domestic GDP growth rate, and the core performance of the company remained stable. In 2025, the domestic express logistics business income reached RMB 228.56 billion, an increase of 11.1% year-on-year. Deepening organizational integration and accelerating supply chain expansion. Since establishing the "accelerate industrial transformation" strategy, the company's logistics service income in major core industries has grown rapidly, and market share has continued to increase. In the fourth quarter of 2025, the company deepened organizational integration and formally established the Supply Chain Business Group. Focusing on seven major industries including high-tech, industrial equipment, automotive, consumer goods, retail food, retail catering, and life sciences and pharmaceuticals, the company established the "sales-solution-operation" triangular mechanism from headquarters to regions, accelerating the implementation of supply chain strategy. In 2025, the comprehensive logistics income in industries such as high-tech, industrial equipment, automotive, and retail food achieved over 20% high growth, faster than the growth rate of total logistics in the corresponding industries. Building international logistics corridors and leading the new wave of going global. The fluctuations in international trade and supply chain restructuring pose challenges to global operations, but they also provide rare opportunities for the era. The company grasps the trend of Chinese enterprises evolving from "product going global" to "production capacity going global", deepens the strategy of "Asia's only, global coverage", accelerates the construction of international end-to-end logistics infrastructure, and leverages full-chain technology to establish international express and supply chain services capabilities comparable to the top three in the global market in the Asia-Pacific region and core flow areas in Europe and America. In 2025, despite the obvious decline in international trade fluctuations and ocean freight prices, affecting the company's International Freight Forwarding business income growth rate, relying on a global network layout and a rich product portfolio, the company actively seizes new opportunities for enterprises to go global. The combined revenue from international express, cross-border e-commerce logistics, overseas warehouses, and international supply chain of SF (excluding KLN) achieved a high growth of 55.4%, continuously strengthening the company's second growth curve. Empowering supply chain with digital intelligence, leading logistics to a new future. With the vigorous development of artificial intelligence technology, the logistics industry is transitioning from partial digitization to full-scale intelligence, with technological empowerment transitioning from a "digital foundation" to becoming the enterprise's "intelligent brain" and "innovation engine". In 2025, the company accelerated the application of cutting-edge technologies such as artificial intelligence, big data, operations, digital twins, etc. in logistics scenarios. SF's vertical logistics big model has daily average Token consumption exceeding 10 billion, and the internal active AI intelligent entities have grown rapidly, becoming important "digital employees" in multiple business scenarios such as prediction, planning, marketing, performance, customer service, customs clearance, and data analysis. At the same time, relying on AI empowerment and full-link digitalization, the company provides customers with one-stop digital supply chain services from top-level design to implementation, helping customers transform their supply chains digitally and become close partners in strategic collaboration and value creation. In 2025, SF Technology was listed in the Fortune China Top 50 in Technology, becoming the only logistics technology company selected.