Shengfeng Development Limited (SFWL)

Shengfeng Development Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	34.67	26.73	21.29	18.64	27.32
Cash & Short-Term Investments	34.67	26.73	21.29	18.64	27.32
Cash Growth	29.72%	25.56%	14.17%	-31.75%	50.31%
Accounts Receivable	134.64	105.19	94	84.8	83.59
Other Receivables	0.7	0.08	0.04	0.05	0.06
Receivables	135.34	105.28	94.04	84.85	83.65
Inventory	-	-	-	-	0.91
Restricted Cash	5.55	2.57	2.08	0.28	0.47
Other Current Assets	29.68	14.54	18.29	17.93	17.21
Total Current Assets	205.24	149.11	135.7	121.7	129.55
Property, Plant & Equipment	69.89	59.09	68.15	77.19	60.75
Long-Term Investments	1.9	1.91	2.04	2.14	2.02
Other Intangible Assets	11.41	12.16	6.71	7.53	7.63
Long-Term Deferred Tax Assets	1.43	6.25	3.59	5.22	6.58
Long-Term Deferred Charges	-	-	0.08	-	-
Other Long-Term Assets	20.26	37.32	29	30.43	25.64
Total Assets	310.13	265.84	245.26	244.21	232.18
Accounts Payable	103.64	69.06	59.09	54.09	54.73
Accrued Expenses	13.74	22.91	11.93	15.56	15.42
Short-Term Debt	39.4	37.75	49.35	47.53	51.26
Current Portion of Leases	4.22	6.32	9.63	8.13	7.45
Current Income Taxes Payable	-	0.34	0.19	0.02	0.17
Other Current Liabilities	1.69	-	0.6	0.02	-
Total Current Liabilities	162.68	136.38	130.8	125.35	129.02
Long-Term Debt	16.39	-	-	-	-
Long-Term Leases	4.72	10.9	17.51	21.49	17.29
Long-Term Deferred Tax Liabilities	0.05	4.25	-	-	-
Other Long-Term Liabilities	2.84	2	1.87	1.47	1.5
Total Liabilities	186.68	153.53	150.17	148.31	147.8
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	83.76	83.76	75.58	75.58	75.58
Retained Earnings	42.42	31.54	21.25	13.46	6.56
Comprehensive Income & Other	-9.05	-7.37	-5.61	2.55	0.48
Total Common Equity	117.14	107.95	91.22	91.59	82.62
Minority Interest	6.3	4.37	3.86	4.31	1.76
Shareholders' Equity	123.45	112.31	95.09	95.9	84.38
Total Liabilities & Equity	310.13	265.84	245.26	244.21	232.18
Total Debt	64.73	54.97	76.49	77.14	75.99
Net Cash (Debt)	-30.06	-28.24	-55.21	-58.5	-48.67
Net Cash Per Share	-0.36	-0.35	-0.69	-0.73	-0.61
Filing Date Shares Outstanding	82.5	82.5	82.4	80	80
Total Common Shares Outstanding	82.5	82.5	80	80	80
Working Capital	42.55	12.73	4.9	-3.65	0.54
Book Value Per Share	1.42	1.31	1.14	1.14	1.03
Tangible Book Value	105.73	95.79	84.51	84.07	74.99
Tangible Book Value Per Share	1.28	1.16	1.06	1.05	0.94
Buildings	-	26.25	24.15	26.41	25.88
Machinery	-	40.26	42.95	48.62	41.04
Construction In Progress	-	3.26	2.22	0.75	-
Leasehold Improvements	-	5.63	4.96	6.31	5.3

Updated Sep 4, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q