SFWL Chart
About

Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People's Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services. It also provides value-added services comprising collection on delivery, customs declaration, delivery upstairs, packaging, pay-at-arrival, return proof of delivery, and shipment protection; and software engineering, supply chain management, and technical and development services. The company serves clients in various industries, including manufacturing, new energy, telecommunications, internet, fashion, fast moving consumer goods, publishing, agriculture, and e-commerce. Shengfeng Development Limited was founded in 2001 and is based in Fuzhou, the People's Republic of China.

Fundamentals
Scroll to Statements
Sector Industrials Industry Integrated Freight & Log Market Cap 73.22M
Enterprise Value 137.15M Income 11.71M Sales 540.46M
Book/sh 1.50 Cash/sh 0.17 Dividend Yield —
Payout 0.00% Employees 1263 IPO —
P/E 6.14 Forward P/E — PEG —
P/S 0.14 P/B 0.57 P/C —
EV/EBITDA 6.03 EV/Sales 0.25 Quick Ratio 1.03
Current Ratio 1.32 Debt/Eq 56.74 LT Debt/Eq —
EPS (ttm) 0.14 EPS next Y — EPS Growth 16.40%
Revenue Growth 16.00% Earnings — ROA 3.55%
ROE 9.52% ROIC — Gross Margin 9.12%
Oper. Margin 2.96% Profit Margin 2.17% Shs Outstand 40.62M
Shs Float 11.76M Short Float 0.14% Short Ratio 2.37
Short Interest — 52W High 1.29 52W Low 0.56
Beta -2.79 Avg Volume 39.20K Volume 5.11K
Target Price — Recom None Prev Close $0.86
Price $0.86 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.86
Latest analyst target
3. DCF / Fair value
$-8.74
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.86
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.130.180.170.19
NormalizedEBITDA28.05M30.78M29.95M26.49M
NetIncomeFromContinuingOperationNetMinorityInterest10.88M10.29M7.79M6.90M
ReconciledDepreciation13.59M16.37M18.29M16.02M
ReconciledCostOfRevenue457.87M357.62M328.79M305.35M
EBITDA28.05M30.78M29.95M26.49M
EBIT14.46M14.40M11.65M10.48M
NetInterestIncome-1.81M-1.65M-953.00K-985.00K
InterestExpense1.97M1.77M2.23M2.31M
InterestIncome159.00K126.00K1.27M1.33M
NormalizedIncome10.88M10.29M7.79M6.90M
NetIncomeFromContinuingAndDiscontinuedOperation10.88M10.29M7.79M6.90M
TotalExpenses489.49M390.21M360.48M338.11M
TotalOperatingIncomeAsReported14.67M13.91M9.85M8.59M
DilutedAverageShares82.50M81.81M82.40M40.52M
BasicAverageShares82.50M81.81M82.40M40.52M
DilutedEPS0.130.130.090.17
BasicEPS0.130.130.090.17
DilutedNIAvailtoComStockholders10.88M10.29M7.79M6.90M
NetIncomeCommonStockholders10.88M10.29M7.79M6.90M
NetIncome10.88M10.29M7.79M6.90M
MinorityInterests51.00K-14.00K-39.00K254.00K
NetIncomeIncludingNoncontrollingInterests10.83M10.31M7.83M6.64M
NetIncomeContinuousOperations10.83M10.31M7.83M6.64M
TaxProvision1.67M2.32M1.60M1.52M
PretaxIncome12.49M12.63M9.43M8.16M
OtherIncomeExpense-360.00K371.00K532.00K559.00K
OtherNonOperatingIncomeExpenses-360.00K371.00K532.00K559.00K
NetNonOperatingInterestIncomeExpense-1.81M-1.65M-953.00K-985.00K
InterestExpenseNonOperating1.97M1.77M2.23M2.31M
InterestIncomeNonOperating159.00K126.00K1.27M1.33M
OperatingIncome14.67M13.91M9.85M8.59M
OperatingExpense31.62M32.60M31.69M32.76M
OtherOperatingExpenses-371.00K-532.00K-559.00K
SellingGeneralAndAdministration31.62M32.60M31.69M32.76M
SellingAndMarketingExpense5.96M6.69M7.43M7.72M
GeneralAndAdministrativeExpense25.65M25.91M24.26M25.04M
OtherGandA25.65M25.91M24.26M25.04M
GrossProfit46.28M46.51M41.53M41.34M
CostOfRevenue457.87M357.62M328.79M305.35M
TotalRevenue504.16M404.12M370.32M346.70M
OperatingRevenue501.19M401.37M366.36M344.73M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber82.50M82.50M82.40M82.40M
ShareIssued82.50M82.50M82.40M82.40M
NetDebt37.69M19.50M28.42M27.31M
TotalDebt81.30M63.44M76.84M75.57M
TangibleBookValue105.73M95.79M84.51M84.07M
InvestedCapital189.50M154.17M140.92M137.55M
WorkingCapital42.55M12.73M4.90M-3.65M
NetTangibleAssets105.73M95.79M84.51M84.07M
CapitalLeaseObligations8.94M17.21M27.14M29.61M
CommonStockEquity117.14M107.95M91.22M91.59M
TotalCapitalization133.53M107.95M91.22M91.59M
TotalEquityGrossMinorityInterest123.45M112.31M95.09M95.90M
MinorityInterest6.30M4.37M3.86M4.30M
StockholdersEquity117.14M107.95M91.22M91.59M
GainsLossesNotAffectingRetainedEarnings-3.09M-2.51M-1.64M5.98M
OtherEquityAdjustments-3.09M-2.51M-1.64M5.98M
RetainedEarnings36.46M26.69M17.27M10.03M
AdditionalPaidInCapital83.76M83.76M75.58M75.58M
CapitalStock8.00K8.00K8.00K8.00K
CommonStock8.00K8.00K8.00K8.00K
TotalLiabilitiesNetMinorityInterest186.68M153.53M150.17M148.31M
TotalNonCurrentLiabilitiesNetMinorityInterest24.00M17.15M19.38M22.96M
OtherNonCurrentLiabilities2.84M2.00M1.87M1.47M
NonCurrentDeferredLiabilities53.00K4.25M0.00
NonCurrentDeferredTaxesLiabilities53.00K4.25M0.00
LongTermDebtAndCapitalLeaseObligation21.11M10.90M17.51M21.48M
LongTermCapitalLeaseObligation4.72M10.90M17.51M21.48M
LongTermDebt16.39M
CurrentLiabilities162.68M136.38M130.80M125.35M
CurrentDebtAndCapitalLeaseObligation60.19M52.54M59.34M54.08M
CurrentCapitalLeaseObligation4.22M6.32M9.63M8.13M
CurrentDebt55.97M46.22M49.70M45.96M
OtherCurrentBorrowings1.66M1.62M
LineOfCredit39.40M36.13M47.66M45.96M
CurrentNotesPayable14.91M8.47M2.05M0.00
PayablesAndAccruedExpenses102.50M83.84M71.46M71.27M
CurrentAccruedExpenses7.67M16.26M6.55M7.85M
Payables94.82M67.58M64.91M63.42M
OtherPayable3.05M4.64M3.24M4.56M
DuetoRelatedPartiesCurrent25.00K82.00K2.41M1.88M
TotalTaxPayable3.02M2.28M2.21M2.89M
IncomeTaxPayable821.00K343.00K185.00K18.00K
AccountsPayable88.73M60.58M57.05M54.09M
TotalAssets310.13M265.84M245.26M244.21M
TotalNonCurrentAssets104.89M116.73M109.56M122.51M
OtherNonCurrentAssets9.69M28.85M14.64M14.74M
NonCurrentPrepaidAssets10.57M8.47M14.36M15.69M
NonCurrentDeferredAssets1.43M6.25M3.67M5.22M
NonCurrentDeferredTaxesAssets1.43M6.25M3.59M5.22M
InvestmentsAndAdvances1.90M1.91M2.04M2.14M
InvestmentinFinancialAssets1.90M1.91M2.04M2.14M
AvailableForSaleSecurities1.90M1.91M2.04M2.14M
GoodwillAndOtherIntangibleAssets11.41M12.16M6.71M7.53M
OtherIntangibleAssets11.41M12.16M6.71M7.53M
NetPPE69.89M59.09M68.14M77.19M
AccumulatedDepreciation-35.58M-34.32M-34.01M-34.81M
GrossPPE105.47M93.41M102.16M112.00M
Leases5.78M5.63M4.96M6.31M
ConstructionInProgress28.48M3.25M2.21M752.00K
OtherProperties9.92M18.02M27.88M29.91M
MachineryFurnitureEquipment4.45M4.92M5.11M5.29M
BuildingsAndImprovements25.84M26.25M24.15M26.41M
Properties0.00
CurrentAssets205.24M149.10M135.70M121.70M
OtherCurrentAssets29.68M14.54M18.29M17.93M
RestrictedCash5.54M2.57M2.08M275.00K
PrepaidAssets17.93M
Inventory0.00
Receivables135.34M105.28M94.04M84.85M
DuefromRelatedPartiesCurrent701.00K81.00K42.00K50.00K
NotesReceivable7.34M7.50M4.88M4.17M
AccountsReceivable127.30M97.70M89.11M80.62M
AllowanceForDoubtfulAccountsReceivable-3.04M-3.27M-3.12M-2.40M
GrossAccountsReceivable130.34M100.97M92.22M83.02M
CashCashEquivalentsAndShortTermInvestments34.67M26.73M21.29M18.64M
CashAndCashEquivalents34.67M26.73M21.29M18.64M
CashFinancial26.73M21.29M18.64M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-23.55M-14.58M-2.44M-9.09M
RepaymentOfDebt-73.84M-50.68M-55.48M-67.57M
IssuanceOfDebt100.85M46.39M63.39M62.65M
IssuanceOfCapitalStock0.008.55M0.000.00
CapitalExpenditure-38.56M-28.71M-7.25M-29.48M
InterestPaidSupplementalData1.92M1.77M2.23M2.16M
IncomeTaxPaidSupplementalData589.00K634.00K187.00K247.00K
EndCashPosition40.21M29.29M23.37M18.92M
BeginningCashPosition29.29M23.37M18.92M27.78M
EffectOfExchangeRateChanges-533.00K-558.00K-1.81M538.00K
ChangesInCash11.45M6.48M6.26M-9.40M
FinancingCashFlow29.07M11.17M8.17M-2.13M
CashFlowFromContinuingFinancingActivities29.07M11.17M8.17M-2.13M
NetOtherFinancingCharges2.07M6.91M265.00K2.80M
NetCommonStockIssuance0.008.55M0.000.00
CommonStockIssuance0.008.55M0.000.00
NetIssuancePaymentsOfDebt27.00M-4.29M7.90M-4.92M
NetShortTermDebtIssuance10.46M-4.29M7.90M-4.92M
ShortTermDebtPayments-73.84M-50.68M-55.48M-67.57M
ShortTermDebtIssuance84.30M46.39M63.39M62.65M
NetLongTermDebtIssuance16.54M0.000.00
LongTermDebtIssuance16.54M0.000.00
InvestingCashFlow-32.63M-18.82M-6.71M-27.67M
CashFlowFromContinuingInvestingActivities-32.63M-18.82M-6.71M-27.67M
NetOtherInvestingChanges-2.81M2.84M
DividendsReceivedCFI0.00114.00K0.000.00
NetInvestmentPurchaseAndSale-2.25M5.68M0.000.00
SaleOfInvestment6.81M5.68M0.000.00
PurchaseOfInvestment-9.06M0.000.00
NetBusinessPurchaseAndSale9.66M51.00K0.00480.00K
SaleOfBusiness9.66M51.00K0.00480.00K
NetIntangiblesPurchaseAndSale-9.10M-17.93M-340.00K-6.90M
PurchaseOfIntangibles-9.10M-17.93M-340.00K-6.90M
NetPPEPurchaseAndSale-28.13M-9.57M-6.38M-21.25M
SaleOfPPE1.33M1.21M533.00K1.33M
PurchaseOfPPE-29.46M-10.78M-6.91M-22.58M
OperatingCashFlow15.01M14.13M4.81M20.39M
CashFlowFromContinuingOperatingActivities15.01M14.13M4.81M20.39M
ChangeInWorkingCapital-10.37M-14.43M-23.74M-4.52M
ChangeInOtherCurrentLiabilities-5.89M-8.92M-10.76M-9.43M
ChangeInOtherCurrentAssets2.94M-3.67M0.000.00
ChangeInPayablesAndAccruedExpense20.34M6.17M7.03M174.00K
ChangeInAccruedExpense-8.22M177.00K551.00K110.00K
ChangeInPayable28.56M5.99M6.48M64.00K
ChangeInAccountPayable29.31M4.51M7.90M2.47M
ChangeInTaxPayable779.00K105.00K-453.00K-458.00K
ChangeInIncomeTaxPayable779.00K105.00K-453.00K-458.00K
ChangeInPrepaidAssets4.82M3.45M-1.99M-2.26M
ChangeInInventory0.000.00777.00K
ChangeInReceivables-32.59M-11.46M-18.02M6.22M
ChangesInAccountReceivables-31.24M-10.73M-16.98M-3.15M
ProvisionandWriteOffofAssets88.00K566.00K1.18M447.00K
DeferredTax589.00K1.52M1.24M1.48M
DeferredIncomeTax589.00K1.52M1.24M1.48M
DepreciationAmortizationDepletion13.59M16.37M18.29M16.02M
DepreciationAndAmortization13.59M16.37M18.29M16.02M
AmortizationCashFlow652.00K591.00K526.00K542.00K
AmortizationOfIntangibles652.00K591.00K526.00K542.00K
Depreciation12.94M15.78M17.77M15.47M
OperatingGainsLosses292.00K-212.00K7.00K322.00K
EarningsLossesFromEquityInvestments-15.00K-19.00K-82.00K-70.00K
GainLossOnSaleOfPPE315.00K-283.00K89.00K145.00K
GainLossOnSaleOfBusiness-8.00K90.00K0.00247.00K
NetIncomeFromContinuingOperations10.83M10.31M7.83M6.64M
SEC Filings

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