Shengfeng Development Limited (SFWL)

Shengfeng Development Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	16.9	35.29	34.67	26.73	21.29	18.64
Cash & Short-Term Investments	16.9	35.29	34.67	26.73	21.29	18.64
Cash Growth	17.92%	1.79%	29.72%	25.56%	14.17%	-31.75%
Accounts Receivable	151.6	143.68	134.64	105.19	94	84.8
Other Receivables	11.64	12.16	0.7	0.08	0.04	0.05
Receivables	163.23	155.84	135.34	105.28	94.04	84.85
Restricted Cash	2.97	3.28	5.55	2.57	2.08	0.28
Other Current Assets	25.75	22.19	29.68	14.54	18.29	17.93
Total Current Assets	208.85	216.59	205.24	149.11	135.7	121.7
Property, Plant & Equipment	85.1	75.81	69.89	59.09	68.15	77.19
Long-Term Investments	11.37	8.87	1.9	1.91	2.04	2.14
Other Intangible Assets	11.34	11.21	11.41	12.16	6.71	7.53
Long-Term Deferred Tax Assets	1.84	1.31	1.43	6.25	3.59	5.22
Long-Term Deferred Charges	-	-	-	-	0.08	-
Other Long-Term Assets	33.76	33.16	20.26	37.32	29	30.43
Total Assets	352.25	346.97	310.13	265.84	245.26	244.21

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	85.06	98.89	103.64	69.06	59.09	54.09
Accrued Expenses	20.73	18.73	12.94	22.91	11.93	15.56
Short-Term Debt	43.82	46.35	41.06	37.75	49.35	47.53
Current Portion of Long-Term Debt	3.75	2.77	-	-	-	-
Current Portion of Leases	3.02	2.67	4.22	6.32	9.63	8.13
Current Income Taxes Payable	1.29	1.09	0.82	0.34	0.19	0.02
Other Current Liabilities	0.11	0.11	-	-	0.6	0.02
Total Current Liabilities	157.78	170.61	162.68	136.38	130.8	125.35
Long-Term Debt	36.94	33.83	16.39	-	-	-
Long-Term Leases	5.6	2.16	4.72	10.9	17.51	21.49
Long-Term Deferred Tax Liabilities	0.41	0.25	0.05	4.25	-	-
Other Long-Term Liabilities	1.59	1.26	2.84	2	1.87	1.47
Total Liabilities	202.31	208.1	186.68	153.53	150.17	148.31

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	83.76	83.76	83.76	83.76	75.58	75.58
Retained Earnings	60.76	54.35	42.42	31.54	21.25	13.46
Comprehensive Income & Other	-1.91	-6.2	-9.05	-7.37	-5.61	2.55
Total Common Equity	142.62	131.92	117.14	107.95	91.22	91.59
Minority Interest	7.32	6.95	6.3	4.37	3.86	4.31
Shareholders' Equity	149.94	138.86	123.45	112.31	95.09	95.9
Total Liabilities & Equity	352.25	346.97	310.13	265.84	245.26	244.21

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	93.12	87.78	66.39	54.97	76.49	77.14
Net Cash (Debt)	-76.23	-52.49	-31.72	-28.24	-55.21	-58.5
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-13.86	-9.54	-5.77	-5.18	-10.35	-10.97
Filing Date Shares Outstanding	5.5	5.5	5.5	5.5	5.49	5.33
Total Common Shares Outstanding	5.5	5.5	5.5	5.5	5.33	5.33
Working Capital	51.07	45.98	42.55	12.73	4.9	-3.65
Book Value Per Share	25.93	23.99	21.30	19.63	17.10	17.17
Tangible Book Value	131.28	120.7	105.73	95.79	84.51	84.07
Tangible Book Value Per Share	23.87	21.95	19.22	17.42	15.85	15.76
Buildings	-	47.49	25.84	26.25	24.15	26.41
Machinery	-	36.58	35.46	40.26	42.95	48.62
Construction In Progress	-	20.7	28.48	3.26	2.22	0.75
Leasehold Improvements	-	6.28	5.78	5.63	4.96	6.31

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 15, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 11, 2026

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