Saturday 17 October 2026
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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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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | 2.24 | 0.81 | 0.57 |
Analyst estimates 2026–2028 Powerpack |
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| 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.
Fiscal years to Dec 2025 · fundamentals updated 2 Oct 2026
Charts ten years each
Shengfeng Development Limited vs peers in Integrated Freight & Logistics (Q) = latest quarter vs a year earlier
| 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%) |
Shengfeng Development Limited (SFWL) key facts
- Strength: Shengfeng Development Limited’s revenue for fiscal 2025 (year ended December 2025) was $572.5 million, up 13.6% from fiscal 2024.
- Strength: Net income was $12.2 million, or $2.10 per share (basic), a net margin of 2.08%.
- Shengfeng Development Limited (SFWL) is an Integrated Freight & Logistics company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, SFWL traded at $8.13, a market capitalization of $44.8 million.
- Return on equity was 9.09% and debt-to-equity 0.55.
- Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.17 (grey zone) for fiscal 2025.
Shengfeng Development Limited (SFWL) Latest News
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