Shengfeng Development Limited (SFWL)

Shengfeng Development Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	572.48	504.16	404.12	370.33	346.7
Revenue Growth (YoY)	13.55%	24.75%	9.13%	6.82%	20.61%
Cost of Revenue	519.39	457.87	357.62	328.79	305.35
Gross Profit	53.09	46.28	46.51	41.53	41.35
Selling, General & Admin	36.21	31.62	32.6	31.69	32.76
Total Operating Expenses	36.21	31.62	32.6	31.69	32.76
Operating Income	16.88	14.67	13.91	9.85	8.59
Interest Income	0.26	0.16	0.13	1.27	1.33
Interest Expense	-2.74	-1.97	-1.78	-2.23	-2.32
Other Non-Operating Income (Expense)	-0.14	-0.36	0.37	0.53	0.56
Total Non-Operating Income (Expense)	-2.62	-2.17	-1.28	-0.42	-0.43
Pretax Income	14.26	12.49	12.63	9.43	8.16
Provision for Income Taxes	2.05	1.67	2.32	1.6	1.52
Net Income	11.93	10.88	10.29	7.79	6.9
Minority Interest in Earnings	0.28	-0.05	0.01	0.04	-0.25
Net Income to Common	11.93	10.88	10.29	7.79	6.9
Net Income Growth	9.63%	5.67%	32.20%	12.89%	13.25%
Shares Outstanding (Basic)	82	82	82	80	80
Shares Outstanding (Diluted)	82	82	82	80	80
Shares Change (YoY)	-	0.84%	2.26%	-	-
EPS (Basic)	0.14	0.13	0.13	0.10	0.09
EPS (Diluted)	0.14	0.13	0.13	0.10	0.09
EPS Growth	7.69%	-	30.00%	11.11%	12.50%
Shares Outstanding	82.5	82.5	82.5	80	80
Free Cash Flow	-2.88	-14.46	3.36	-2.1	-2.19
Free Cash Flow Per Share	-0.03	-0.18	0.04	-0.03	-0.03
Gross Margin	9.27%	9.18%	11.51%	11.22%	11.93%
Operating Margin	2.95%	2.91%	3.44%	2.66%	2.48%
Profit Margin	2.13%	2.15%	2.55%	2.11%	1.92%
FCF Margin	-0.50%	-2.87%	0.83%	-0.57%	-0.63%
EBITDA	28.36	28.25	30.28	28.14	24.6
EBITDA Margin	4.95%	5.60%	7.49%	7.60%	7.10%
EBIT	16.88	14.67	13.91	9.85	8.59
EBIT Margin	2.95%	2.91%	3.44%	2.66%	2.48%
Effective Tax Rate	14.36%	13.34%	18.37%	16.97%	18.59%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q