Stocks Industrials SFWL
NASDAQ · IndustrialsSHENGFENG DEVELOPMENT Ltd (SFWL)
SHENGFENG DEVELOPMENT Ltd reported revenue of $572.5M in fiscal 2025, up 13.6% from a year earlier. Net income was $11.9M, a net margin of 2.1%. In fiscal 2025 capital spending exceeded operating cash flow by $2.9M. At December 31, 2025 it held $35.3M in cash against $81.3M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 27, 2026.
Key facts about SHENGFENG DEVELOPMENT Ltd
- Net worth
- SHENGFENG DEVELOPMENT Ltd has a market value (market cap) of $286.7M at the latest share price, and shareholders' equity of $131.9M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $572.5M (+13.6% year on year), with net income of $11.9M.
- Cash flow
- In fiscal 2025 operations brought in $16.1M of cash; after $19M of capital spending, free cash flow was -$2.9M.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on March 27, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What SHENGFENG DEVELOPMENT Ltd does
SHENGFENG DEVELOPMENT Ltd is registered with the SEC under industry code SIC 4210 (Trucking & Courier Services (No Air)). Its shares trade on NASDAQ under the ticker SFWL.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $572.5M | $11.9M | n/a | -$2.9M |
| 2024 | $504.2M | $10.9M | n/a | -$14.5M |
| 2023 | $404.1M | $10.3M | $0.13 | $3.4M |
| 2022 | $370.3M | $7.8M | $0.10 | -$2.1M |
| 2022 | $346.7M | $6.9M | $0.09 | -$2.2M |
| 2020 | $287.5M | $6.1M | $0.08 | -$5.6M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where SFWL ranks in Industrials
Latest SEC filings
What SHENGFENG DEVELOPMENT Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 15, 2026
- September 2, 2026
- August 25, 2026
- July 30, 2026
- July 29, 2026
- March 27, 2026Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue rose 14% to $572.5M versus the prior year; net income rose 9.6% to $11.9M.
- February 19, 2026Passive stake changed SCHEDULE 13G/A
- February 19, 2026Passive stake changed SCHEDULE 13G/A
- October 24, 2025Form F-3 filing F-3
- August 27, 2025
Insider trades
What the people running SHENGFENG DEVELOPMENT Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns SFWL
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Double Sun Capital Limited13G, passive with 1 related filers | 7% | February 19, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 3 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Susquehanna International Group, Llp | 43,738 | +3,783 |
| Geode Capital Management, LLC | 22,048 | -1,442 |
| UBS Group AG | 6,543 | +5,930 |
Insiders
Questions about SFWL
What does SHENGFENG DEVELOPMENT Ltd do?
SHENGFENG DEVELOPMENT Ltd is a company in the Industrials sector, listed on NASDAQ as SFWL. Its shares trade on NASDAQ under the ticker SFWL.
What is SHENGFENG DEVELOPMENT Ltd's net worth?
SHENGFENG DEVELOPMENT Ltd has a market value (market cap) of $286.7M at the latest share price, and shareholders' equity of $131.9M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is SHENGFENG DEVELOPMENT Ltd profitable?
Yes. In fiscal 2025 it reported net income of $11.9M on revenue of $572.5M, a net margin of 2.1%.
How much revenue does SHENGFENG DEVELOPMENT Ltd make?
In fiscal 2025 SHENGFENG DEVELOPMENT Ltd reported revenue of $572.5M. That is 13.6% more than a year earlier.
When did SHENGFENG DEVELOPMENT Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 27, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 15, 2026.
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Where the numbers come from
Financial figures are the values SHENGFENG DEVELOPMENT Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.