Core Viewpoint - SF Express City (09699) reported strong mid-year results for 2025, with significant growth in revenue and profit metrics, driven by the rapid expansion of the food delivery and instant retail sectors [1] Financial Performance - Revenue reached approximately 10.236 billion yuan, representing a year-on-year increase of 48.8% [1] - Gross profit was about 681 million yuan, up 43.8% year-on-year [1] - Adjusted net profit was around 160 million yuan, reflecting a 139.0% increase year-on-year [1] - Net profit stood at approximately 137 million yuan, showing a year-on-year growth of 120.43% [1] - Basic and diluted earnings per share were 0.15 yuan [1] Cash Flow and Financial Health - As of June 30, 2025, the company held cash and cash equivalents of 1.134 billion yuan and short-term investment of 1.26 billion yuan, indicating a strong cash flow position and ample financial reserves [1] Growth Drivers - The impressive financial growth was attributed to several factors: - Rapid growth in the food delivery and instant retail sectors, leading to over 50% year-on-year increase in same-city delivery service order volume [1] - Optimization of business structure, with high-quality customers contributing more to revenue [1] - Technological advancements and lean management practices enhancing operational efficiency and expanding network economies of scale, resulting in sustained profit release [1]
顺丰同城(09699)公布中期业绩 经调整净利润约1.6亿元 同比增长139.0%