27 slides from S.f. Holding Co., Ltd. Class A's earnings presentation, 2022
Slide 1: SF Holding 002352.SZ
BRERA 002352.SZ INGLE FS BS HET 4 (SF) HOLDING I =e 4 AR
Slide 2: HOLDING
i? HOLDING (SE)it ee ba Fa AA ARTE AIF EREAARAA (APB “ASI” ) HE, MHKRAMATICEA. CMBKRKMARESARAM PARAS CAH lS M0 FR: © KATMAPESNMBSAABKNESMEANNSAREES, MTRRE. © KETMAPAANESRADRAVHUWREER, FeLEAATa él REAR eR. REAR SCE S| FARR EFA. © RATMNPAANESAREREDL, ARAL ASMASESNXS. RATMH PARANA SRR SHARE SARAAWRUNMI
Slide 3: 2021 Annual Results Agenda
2021F EWARBAS ALE a aig dt 1 20214F Wb 5 Elba 2 2021 5 Bin 3 2022S ix! 4 Q8Al] SIRT —— 2O2MEMSSHER 2022 BTR QRAITEIAT 3 (SF)
Slide 4: 2021 Results Highlights
20215 EX Bia EKA FARRAR PPSEAIE CN 2021S «2022S QRALI SIG Boris Nb 55 Fe BE ANS
Slide 5: >980,000 20,000 >95,000 2,119 >420,000
68 18 267 >980,000 20,000 >95,000 563 2,119 324 >420,000 5
Slide 6: 2.60 0.95 2.50 0.90 2.40 0.85 2.30 0.80 2.20 0.75 2.10 0.70 2.00 0.65
2.60 0.95 2.50 0.90 2.40 0.85 2.30 0.80 2.20 0.75 2.10 0.70 2.00 0.65 1.90 0.60 6
Slide 7: BRAIPRERAR HR SREARMRSA
BRAIPRERAR HR SREARMRSA £1: EMRE SES SIMBA MK ; TE: $2021 Ritiak ERB; 3: ER 2021 SEER 2021 USHER 2022S) QRAISHG HERBEH 2hnRes i BLS BUSINES RAI; E4: SER HHER Hames BERG \ a? (SF) 4R (KUN _" Ente ALAR BAAR CMS 4 2021: Ba ¥ n manem Sie Ren BREE: RIS EH RE. Bm, GRAD AW. BOW, 3B 84; 30+s SxeUeR 225+ SSt
Slide 8: 2021 Annual Results
2021F WSR BTR PTR ITER FRE AAI StF & Rig FE WARS BET AEE AEN 2021S 2022S) QRAIISIAT SBRES » RE AEMHR (Sr) chistes eas DEA SSER - 4 EATER BO IBM RE RS tes ll 25 s (SF)
Slide 9: 202157 aah PR
202157 aah PR Wee AR SS EX Bi SGshAa Ig Sq Mba BI RAF ARS KP 5 aciel a —“— @ (fall en ee mite 298 a wie —_—_ IME/MBAE a = ME — en . El EJ > En gs ana ici hieHA Oe BEAK . Q, - wo SRS FANE ESC UIL} ih ERE BRAN plaids ean AER, = BRB TAS > CARRE 63.1%, > RABeEER Pees > ARPES > FREBE Flte## M01 5ppts 10%
Slide 10: 2021 Annual Results Agenda
2021F EWARBAS ALE a aig dt 1 2021F lk 35 Eli 2 2021F UAB 3 2022F4E IHR 4 Q&A SIRT 2021S 2022Eit QUAIISAG 10 (SF)
Slide 11: 105.5 29.7% 2,072 34.5% 42.7 - 41.7% 18.3 - 70.1% 嘉里物流2021Q4起并表，贡献归母净利润约3.7亿元 11
105.5 29.7% 2,072 34.5% 42.7 - 41.7% 18.3 - 70.1% 嘉里物流2021Q4起并表，贡献归母净利润约3.7亿元 11
Slide 12: SWRWSS: BBD
SWRWSS: BBD W —~@®@ @@®oOQ 9.8% 9.7% 2,072 7.6% % 7.6% 106 pas 1,540 81 1,122 909 48 713 38 l l i; 2017 20184 2019 2020 2021 2017 20184 2019 2020 2021 MERA (1270) WAP WB? (238) EL: DM ASELMRSOELME; 22: USSROAM MAT OINDRO REUSE, 23: GUM ERAT ORAS AM SIRES OS a _, 2021 WSR 2022S QUASI 12 (SF)
Slide 13: 2020年 2021年 ↑7.3% ↑54.7% ↑25.6% ↑20.1% ↑59.1% ↑199.8% 392 323 233 ↑55.8% 209 185
2020年 2021年 ↑7.3% 962 896 ↑54.7% ↑25.6% ↑20.1% ↑59.1% ↑199.8% 392 323 233 ↑55.8% 209 185 131 65 78 50 35 31 22 13
Slide 14: BIAREIE: HALSRESESAUSH US
BIAREIE: HALSRESESAUSH US 20215 EAI: BILE BRE : v SMA. RB. BHSMBARRA Y RAM, BALA RANA ¥ FEE BURA SACS eR 221FEHSREANZ: BHR v ROL: SMR, BAUS NRRRTSRN RAR v WAtt: AKA, BE RS I MAME PA Y AIG: COMA, ME RABERAME, TERNS MMISA ER, Bie Y PEMRRA AR BR CERCA IRIE 21.0% 16.3% 17.1% 16.0% vases “2 12.8% 13.5% “
Slide 15: PRAIA: SUAS ES
PRAIA: SUAS ES AL BAT AWA L 835.8 4 20204 2021 2021 (FA 2021Q1 2021Q2 2021Q3 202194 202104 ( AMAR AMAL BZ 42.1% 34.8% . 739% non ' 31.9% 30.4% 30.7% eS. 95 50% ! so 2021Q1 2021Q2 202193 202194 202104 (ARB) 20208 PIRES 202147! 202264 Sith) Q&AS 2021 (RARE) VS2020F Flt +0.9% RAL MRD + Brae + beset 820
Slide 16: ZAM: RAZBPawR
ZAM: RAZBPawR BAAR AWA BAZ 7. 7.1% 5% 7.3% 13% 7.5% ® i ee FA AR HUALE BULZH 1.5% 15% 1.4% $1 nHa & 2020 2021 202191 + -2021Q2_.-S «202193202194 20208 20218 2021Q1 202192 202193202104 20214FVS20204F [alt 0.3% 20214FVS20204F alt -0.1% DARREL. BHRA, EMME LEE HREM S FATFHRRE HOM, ARRAN RARE Ws BAAR SUA
Slide 17: PR: SEMPRE
PR: SEMPRE YES Be FIFI SAH] MLZ PDESEMANISFA BAZ 7.0% aa 4.3% ; 4.0% 25% 2.3% 2 “—_o ae ms _ 2.1% 20208 2021 20208 202188 a a Q3 4 me FF MO RFI wm FOSSA O— MSPS HAR mms 2020F05 EVIE PAF] mmm 2021903) PAT] —O— 2020H0 SEVIS IPAH OM 202 10ST PAZ E: SRM PPAR LO RADE SAGE —— PUREE os 202175 I 2022 BBR QE
Slide 18: AFeMRMEh: APRLAWE
AFeMRMEh: APRLAWE Are MET REwPR san Abt ME 212.2 54.1% 53.4% 48.4% 48.9% 153.6 2099.0 113.2 13.3 -148.8 171.3 2018 2019 2020 2021 ZEtMSHPA RALMSHPM SALMA me SAT mS PAT OAT Rie 2020 m 2021 2022FBETR QRARISR mB RAGRA (PR) a SRA a tHH/OE/DAE HL a a Eft we (SF)
Slide 19: WE ARE: VATS IR OPERA
WE ARE: VATS IR OPERA B RAR Bete + 2OKF > KRES-UALMNAPHRS X Hh ue RR RBS RAT 7O seo Re wo au § 3A: WSS Ane w RMN : . 7 OWS HAS: QM, FUNERARY SIR KWS, aOR co REINER ABER NBS 5 HT ORAS EE arse: ieomesn sy mamesone OAR: MOMARE, STES (ABARSESAU, RTA l WHRABELIFS; AMRATHS5HB) OBR: BETENSRMAR, AAA (BA1-2H
Slide 20: 2022 Outlook Agenda
2021F EWARBAS ALE a aig dt 1 2021 WSR 2 2021 USHER 3 2022 2S it Rl 4 QRAII SIR 2021EWSER 2021S PES ee QSAR AT 20 (5r)
Slide 21: EFAAMM, 20022 ETER, SACARERVAAABE
202228318 EFAAMM, 20022 ETER, SACARERVAAABE leece of | eee Of | zaman YY | zoek @ BASF ih BEARER BNA BIRR RS BRAD TBEAI | BSS RIS HS ELS RARBRAP MLE INSB4H2R AA HER BIR MBAR KZA PantkRa sia MLSteA BABE SPARE WERSRAES Ms 8 GR MgB S st A FREER aahe ABR AT Fe 202MF SSE «© 202MM SSH PE aed QSAin ants
Slide 22: 2022 Strategic Priorities
20225 MBB iE Ne: —KM. WAP aa. SPT RBH, Dim. a. Dil, LATAPR RAR, SHALE RR XN —iK RAP oa = ET HMA AMM tee 20214F ALS E1PR IEE me 202222 t aed QSAI SIFTS » (SF)
Slide 23: 20225723 FRBB- AISI, TRE
20225723 3 FRBB- AISI, TRE W HM ATA Pe ae Le ORAS HD EBA SAEAIE/ NI HR Paces BRE AHBE rT Hata BEES ARTE ERIE BEE Bt Baas eRe P7AE/HIS BAIR. ES. MR 2021F WSR 2021 USHER Py Vf mea FREY aa)
Slide 24: 202243 RiR- RIG. SIERER
202243 RiR- RIG. SIERER 2021 WS EIA uz WA ESWC, MBA aR HER, MEARM mMASHR, HAAG A ate he B99) es BY SARS MEBASASHCHNRS RS AED, HCI AFABRHRFSKS, HBAS HSH, RUB RARCA OTR READ RR, ALAS WRSRSES, FRTBHACHAP HER. BABGKER/AC [RUTR IRS SURE AAR, ASA BA. IR PARR Tb ais Hate RAR LARS ROE 2021EM SHER 2022488 it
Slide 25: 2022347 S Rng- ASIA. AMER BT
2022347 S Rng- ASIA. AMER BT Gomes WA bn =Ess1 4 El ee Raa id SS ae RSE RAE ane a tet SURAT, He ORE ES BEMESEER mH OB Bie BARS HSS azesmean Bose ae HRP ARGBSS, 2 ASSO ARMED Kees FAR Ratt BH os a of &®8 65 @&e BB Y Y Y Y ASHER rete et] HBS GRE 202VF SSE = 202 MEM SLR CS ARK | SVE BEE | AE | EPRAA Ath
Slide 26: 2022 Outlook
2022 Bisizl oes © LATA ° & Prey (Qa hee PR ) fvin | ( ) ORERA A FRSA ops er eet wie RK ennae PRR wa || Re || nig wR || mas || mH Rim = BEBE ME Att mea tn p98) RR WAR RA Het ERB TX RA BRAK FRMBAR PRE ARLE 202VF SSE = 202 MEM SLR LE canes 2 (SF)
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