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Nasdaq · Industrials

SHENGFENG DEVELOPMENT Ltd (SFWL)

As-reported financials and SEC filings for SHENGFENG DEVELOPMENT Ltd. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About SHENGFENG DEVELOPMENT Ltd

Shengfeng Development Ltd operates through its subsidiaries in China, Hong Kong, and Vietnam. The company provides logistics and supply chain services, including digital technology solutions, primarily serving clients in the People's Republic of China and Southeast Asia. Its services focus on managing and optimizing the transportation and delivery of goods.

Snapshot

Revenue
$572.5M
Revenue growth (YoY)
13.6%
Net income
$11.9M
Diluted EPS
—
Gross margin
9.3%
Operating margin
2.9%
Net margin
2.1%
FCF margin
-0.5%
ROE
8.6%
net income / fiscal-year-end equity
P/E
3.8×
trailing when available, otherwise FY EPS
Market cap
$45.7M
Long-term debt / equity
0.24×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at SHENGFENG DEVELOPMENT

  • Revenue grew 13.6% to $572M in FY2025, slower than the 24.8% the year before.
  • Operating margin is 2.9% in FY2025, +0.5 pp against 2.5% in FY2021.
  • Free cash flow was negative $3M in FY2025.
  • Net income rose 9.6% to $12M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where SHENGFENG DEVELOPMENT’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin9.3%
12th percentile of 455
Operating margin2.9%
40th percentile of 598
Net margin2.1%
42nd percentile of 630
FCF margin-0.5%
26th percentile of 546
Revenue growth (YoY)+13.6%
72nd percentile of 652
ROE8.6%
54th percentile of 590
P/E3.8×
4th percentile of 406
Long-term debt / equity0.24×
31st percentile of 403
Short interest1.23d
19th percentile of 661

SHENGFENG DEVELOPMENT’s P/E of 3.8 ranks in the 4th percentile of the 406 peers with a meaningful P/E. SHENGFENG DEVELOPMENT’s gross margin of 9.3% ranks in the 12th percentile of the 455 Industrials companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.4K
settled 2026-09-30
Change vs prior
+18.1%
vs previous settlement
Days to cover
1.23
at avg daily volume
Avg daily volume
2.0K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-302.4K+18.1%1.23
2026-09-152.1K-97.2%1.00
2026-08-3173.6K+70.3%12.49
2026-08-1443.2K+2.5%3.07
2026-07-3142.2K-3.4%1.12
2026-07-1543.7K-4.3%3.64
2026-06-3045.6K-3.0%1.62
2026-06-1547.1K+42.9%1.31

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$572.5M$504.2M$404.1M$370.3M$346.7M
Gross profit
Operating income$16.9M$14.7M$13.9M$9.8M$8.6M
Net income$11.9M$10.9M$10.3M$7.8M$6.6M
Diluted EPS——$0.13$0.10$0.09

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$16.1M$15.0M$14.1M$4.8M$20.4M
Capital expenditure$19.0M$29.5M$10.8M$6.9M$22.6M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryTrucking & Courier Services (No Air)
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2021
SEC CIK1863218

Selected SEC filings

20-F2026-03-27
View on EDGAR →
20-F2025-03-28
View on EDGAR →
6-K2026-09-15
View on EDGAR →
6-K2026-09-02
View on EDGAR →
6-K2026-08-25
View on EDGAR →
6-K2026-07-30
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.