Asian Equities Analyst, Logistics & Transport

Tracking Traffic

Focusing on Asian logistics, transportation, and travel companies

J&T Global Express Q126 Parcel Volumes | Strong Growth, but Only Outside of China

Monthly Chinese Express Tracker | April Volume Growth Just 2-3% Vs 7% in March/Q126 | EComm Softer?

Media Reports: Alibaba-Backed Chinese 'Robovan' Maker Zelos Tech to Seek HK IPO, Could Raise US$600M

Checking in With On-Demand Delivery Leader SF Intra-City (9699 HK) | Strong Growth, Thin Margins

Alibaba's CaiNiao Takes Stake in Robovan Maker ZelosTech | Who Is ZelosTech, Why Does Deal Matter?

Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Equity Bottom-Up

Hangzhou SF Intra-city Industrial / Equity Bottom-Up

Hangzhou SF Intra-city Industrial (9699 HK)

<ul>
<li>The pace of revenue growth slowed in H225, and thin gross margin got thinner vs H224</li>
<li>But SF Intra managed to report a Y/Y improvement in cash flow from operations in H225</li>
<li>Company is expanding its use of AVs in Chinese cities, but effort remains a work in progress</li>
</ul>


The pace of revenue growth slowed in H225, and thin gross margin got thinner vs H224
But SF Intra managed to report a Y/Y improvement in cash flow from operations in H225
Company is expanding its use of AVs in Chinese cities, but effort remains a work in progress


SF Intra(9699 HK) 회계연도 및 하반기 실적 | 매출 성장 둔화 | 마진 악화 | AV 확장?