Shengfeng Development Limited (SFWL)

Shengfeng Development Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	14.33	34.67	26.73	21.29	18.64	27.32
Cash & Short-Term Investments	14.33	34.67	26.73	21.29	18.64	27.32
Cash Growth	28.19%	29.72%	25.56%	14.17%	-31.75%	50.31%
Accounts Receivable	131.45	134.64	105.19	94	84.8	83.59
Other Receivables	2.28	0.7	0.08	0.04	0.05	0.06
Receivables	133.73	135.34	105.28	94.04	84.85	83.65
Inventory	-	-	-	-	-	0.91
Restricted Cash	4.6	5.55	2.57	2.08	0.28	0.47
Other Current Assets	37.35	29.68	14.54	18.29	17.93	17.21
Total Current Assets	190	205.24	149.11	135.7	121.7	129.55
Property, Plant & Equipment	76.89	69.89	59.09	68.15	77.19	60.75
Long-Term Investments	1.94	1.9	1.91	2.04	2.14	2.02
Other Intangible Assets	11.24	11.41	12.16	6.71	7.53	7.63
Long-Term Deferred Tax Assets	1.54	1.43	6.25	3.59	5.22	6.58
Long-Term Deferred Charges	-	-	-	0.08	-	-
Other Long-Term Assets	14.83	20.26	37.32	29	30.43	25.64
Total Assets	296.44	310.13	265.84	245.26	244.21	232.18
Accounts Payable	74.38	103.64	69.06	59.09	54.09	54.73
Accrued Expenses	14.44	12.94	22.91	11.93	15.56	15.42
Short-Term Debt	50.18	41.06	37.75	49.35	47.53	51.26
Current Portion of Leases	3.98	4.22	6.32	9.63	8.13	7.45
Current Income Taxes Payable	0.62	0.82	0.34	0.19	0.02	0.17
Other Current Liabilities	0.11	-	-	0.6	0.02	-
Total Current Liabilities	144.12	162.68	136.38	130.8	125.35	129.02
Long-Term Debt	16.05	16.39	-	-	-	-
Long-Term Leases	3.25	4.72	10.9	17.51	21.49	17.29
Long-Term Deferred Tax Liabilities	0.16	0.05	4.25	-	-	-
Other Long-Term Liabilities	2.69	2.84	2	1.87	1.47	1.5
Total Liabilities	166.27	186.68	153.53	150.17	148.31	147.8
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	83.76	83.76	83.76	75.58	75.58	75.58
Retained Earnings	48.28	42.42	31.54	21.25	13.46	6.56
Comprehensive Income & Other	-8.54	-9.05	-7.37	-5.61	2.55	0.48
Total Common Equity	123.51	117.14	107.95	91.22	91.59	82.62
Minority Interest	6.66	6.3	4.37	3.86	4.31	1.76
Shareholders' Equity	130.17	123.45	112.31	95.09	95.9	84.38
Total Liabilities & Equity	296.44	310.13	265.84	245.26	244.21	232.18
Total Debt	73.87	66.39	54.97	76.49	77.14	75.99
Net Cash (Debt)	-59.54	-31.72	-28.24	-55.21	-58.5	-48.67
Net Cash Per Share	-0.72	-0.38	-0.35	-0.69	-0.73	-0.61
Filing Date Shares Outstanding	82.5	82.5	82.5	82.4	80	80
Total Common Shares Outstanding	82.5	82.5	82.5	80	80	80
Working Capital	45.89	42.55	12.73	4.9	-3.65	0.54
Book Value Per Share	1.50	1.42	1.31	1.14	1.14	1.03
Tangible Book Value	112.28	105.73	95.79	84.51	84.07	74.99
Tangible Book Value Per Share	1.36	1.28	1.16	1.06	1.05	0.94
Buildings	-	25.84	26.25	24.15	26.41	25.88
Machinery	-	35.46	40.26	42.95	48.62	41.04
Construction In Progress	-	28.48	3.26	2.22	0.75	-
Leasehold Improvements	-	5.78	5.63	4.96	6.31	5.3

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q