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Shengfeng Development Limited

SFWL Industrials Integrated Freight & Logistics

Shengfeng Development Limited’s revenue for fiscal 2025 (year ended December 2025) was $572.5 million, up 13.6% from fiscal 2024. Revenue growth for five consecutive years, operating cash flow growth for three.

8.13 0.02 −0.25%

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Market cap: $44.8M
P/E: —
Fwd P/E: —
Dividend yield: —
F-score: 6/9
Altman Z: 2.17
Beneish M: −2.29
Dividend safety: 47/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 98.91%

Capital & Financial Ratios $m

Market Cap 44.82

Revenue —

Net Income 35.57

Free Cash Flow (53.25)

Net Debt 63.22

Current Ratio 1.32

Debt/Equity 0.55

P/E ratio —

Fwd P/E —

P/S ratio 0.00

P/B ratio 0.00

Past 5Y EPS Growth 97.42%

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	29	40	39	20
Receivables	98	128	148	153
Inventory	—	—	—	—
Other	—	—	—	—
	149	205	217	209

	2023	2024	2025	Q'26
Payables	61	89	90	77
ST’ Debt	36	39	47	46
Other	—	—	—	—
	136	163	171	158

Compound Annual Growth %

	10y	5y	3y
Sales	—	14.77%	15.63%
Cash Flow	—	82.33%	32.44%
Earnings	—	14.38%	15.27%
Book Value	—	10.94%	13.45%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	572
’24	—	—	—	—	504
’23	—	—	—	—	404
’22	—	—	—	—	370
’21	—	—	—	—	347
’20	—	—	—	—	287

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	16
’24	—	—	—	—	15
’23	—	—	—	—	14
’22	—	—	—	—	7
’21	—	—	—	—	17
’20	—	—	—	—	1

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	(15)	—	—	—
’25	—	(22)	—	(3)	(3)
’24	—	(25)	—	(13)	(22)
’23	—	4	—	3	(13)
’22	—	—	—	1	0
’21	—	—	—	(7)	(8)
’20	—	—	—	—	1

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	2.10
’24	—	—	—	—	1.95
’23	—	—	—	—	1.95
’22	—	—	—	—	1.50
’21	—	—	—	—	1.25
’20	—	—	—	—	0.07

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	2.24	0.81	0.57	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	17.60	3.82	1.29
People
People	Employees	—	—	—	—	—	1,560	1,550	1,341	1,263	1,416
	Revenue/emp, $m	—	—	—	0.00	0.00	0.22	0.24	0.30	0.40	0.40
Income, $m
Income, $m	Revenue	—	—	—	233	287	347	370	404	504	572
	Gross margin, %	—	—	—	12.39	12.34	11.93	11.22	11.51	9.18	9.27
	EBT	—	—	—	2	8	8	9	13	12	14
	EBT margin, %	—	—	—	0.95	2.65	2.35	2.55	3.12	2.48	2.49
	Net income	—	—	—	2	6	7	8	10	11	12
	Depreciation	—	—	—	12	12	16	18	16	14	11
Per share, $
Per share, $	Revenue	—	—	—	2.82	3.49	64.97	69.40	74.06	91.62	104.04
	Earnings	—	—	—	0.02	0.07	1.25	1.50	1.95	1.95	2.10
	Cash flow	—	—	—	(0.01)	0.01	3.11	1.30	2.59	2.73	2.93
	Capex	—	—	—	0.00	0.00	(4.56)	(1.26)	(5.04)	(6.77)	(3.40)
	Free cash flow	—	—	—	(0.01)	0.01	(1.45)	0.04	(2.45)	(4.04)	(0.48)
	Book value	—	—	—	0.86	1.00	17.97	17.82	20.58	22.43	25.24
	Shares, m	—	—	—	82	82	5	5	5	6	6
Valuation, ×
Valuation, ×	P/E	—	—	—	—	—	—	—	—	—	—
	P/S	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/B	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	EV/Sales	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	EV/FCF	—	—	—	0.00	0.00	0.00	0.00	355.05	(0.50)	(0.68)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	(1)	1	17	7	14	15	16
	Capex	—	—	—	(4)	(8)	(24)	(7)	(27)	(37)	(19)
	Free cash flow	—	—	—	(1)	1	(8)	0	(13)	(22)	(3)
Balance, $m
Balance, $m	Working capital	—	—	—	(1)	1	(4)	5	13	43	46
	Total debt	—	—	—	58	86	67	65	36	56	81
	Net debt	—	—	—	39	59	49	42	7	16	43
	Shareholders’ equity	—	—	—	71	83	96	95	112	123	139
Returns, %
Returns, %	ROA	—	—	—	0.00	2.98	2.90	3.18	4.03	3.78	3.63
	ROIC	—	—	—	0.00	0.00	3.72	4.50	7.29	6.59	5.81
	ROE	—	—	—	0.00	7.92	7.73	8.15	9.93	9.23	9.09

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · fundamentals updated 2 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PAL Proficient Auto Logistics, Inc.	$88.7M	— (loss-making)	— (loss-making)	−5.32% (below 0%: shrinking)	n/m	−124.95% (below 0%: shrinking)	100.00%	(2.96%)	Compare
FLX BingEx Limited	$80.2M	— (loss-making)	7.1×	−3.11% (below 0%: shrinking)	n/m	—	10.16%	0.77%	Compare
PSIG PS International Group Ltd.	$65.4M	— (loss-making)	—	—	n/m	+36.15% (above 0%: growing)	—	—	Compare
NCEW New Century Logistics (BVI) Limited	$55.1M	—	—	—	—	−150.21% (below 0%: shrinking)	—	—	Compare
SFWL Shengfeng Development Limited	$44.8M	—	—	—	—	+39.27% (above 0%: growing)	12.31%	0.00%
CRGO Freightos Limited	$40.7M	— (loss-making)	— (loss-making)	+3.40% (above 0%: growing)	n/m	+46.39% (above 0%: growing)	67.56%	(46.11%)	Compare
QNME Quanome Technologies, Inc.	$19.6M	— (loss-making)	—	−58.71% (below 0%: shrinking)	n/m	−174.50% (below 0%: shrinking)	7.96%	68.15%	Compare
ELOG Eastern International Ltd.	$16.8M	—	—	—	—	—	—	—	Compare
CJMB Callan JMB Inc.	$13.9M	— (loss-making)	—	−17.40% (below 0%: shrinking)	n/m	+56.80% (above 0%: growing)	55.07%	(97.84%)	Compare
Median of peers	$47.9M	—	—	−5.32%	—	−44.40%	55.07%	(2.96%)

All 31 Integrated Freight & Logistics stocks →