Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)

Analysis of SF Express’s Strategic Risk——Based on 2018–2020 Annual Report of Financial Statements

Authors
Chuhan Zhang1, *
1School of Accounting, Dongbei University of Finance and Economics, Dalian, China
*Corresponding author. Email: 20150033@stu.nun.edu.cn
Corresponding Author
Chuhan Zhang
Available Online 14 December 2022.
DOI
10.2991/978-94-6463-054-1_83How to use a DOI?
Keywords
SF express; internal control; strategic analysis; express enterprise
Abstract

In 1993, SF Express was born in Shunde, Guangdong Province. After some years of develpoment, SF Express was listed on the Shenzhen Stock Exchange in 2017. At present, this company has become a leading enterprise in China’s express industry. Recently, SF Express released its performance forecast for the first quarter of 2021, with a loss of 900 million to 1.1 billion, which shocked the whole stock market and led to a decline in the share price of SF holdings on the same day. According to the annual reports of SF holdings with its current situation of the industry, this paper will analyze the internal control and risk management policies of SF holdings and the problems faced by the whole industry, and adopt a variety of methods to analyze the inter environment and internal environment, further identify the strategic risk. In conclusion, SF express needs to upgrade its internal control and better handle the relationship between customers, employees and management, so as to take the lead in the future and become the absolute leader of China's express industry.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
14 December 2022
ISBN
10.2991/978-94-6463-054-1_83
ISSN
2352-5428
DOI
10.2991/978-94-6463-054-1_83How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Chuhan Zhang
PY  - 2022
DA  - 2022/12/14
TI  - Analysis of SF Express’s Strategic Risk——Based on 2018–2020 Annual Report of Financial Statements
BT  - Proceedings of the 2022 2nd International Conference on Financial Management and Economic Transition (FMET 2022)
PB  - Atlantis Press
SP  - 771
EP  - 779
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-054-1_83
DO  - 10.2991/978-94-6463-054-1_83
ID  - Zhang2022
ER  -