SFWL · NASDAQ · Integrated Freight & Logistics

Shengfeng Development (SFWL)

Integrated freight and storage logistics for Chinese business customers.

$8.65
vs last close+0.17 (+2.00%)
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Shengfeng Development LimitedSFWL
Industrials

Offers B2B freight transportation, cloud-storage, and value-added services as a China-focused contract-logistics operator. Its Nasdaq-listed Cayman holding company controls the PRC operating business through contractual VIE arrangements.

Provides B2B freight transportation, cloud-storage, and value-added services for companies needing storage and delivery assistance through an integrated contract-logistics model in China.

Since beginning operations in 2001, the business has paired freight and storage with procedures designed to support customer transportation, warehousing, and time management. Operations are conducted through Shengfeng Logistics in China.

The Nasdaq-listed Cayman holding company, which reached the Nasdaq Capital Market in 2023, controls its PRC operating VIE through contractual arrangements rather than direct equity ownership. Founder, CEO, president, and chairman Yongxu Liu controls the Class B shares under a dual-class voting structure.

Company facts

CEOYongxu Liu
ListedMar 31, 2023
ExchangeNASDAQ
HeadquartersFuzhou, China
CountryChina
Employees1,416
CIK0001863218
ISINKYG8117B1014

Market cap$46.6M
EPS (ttm)$2.27
P/E (ttm)3.73
ROE9.1%
P/B0.3270
P/S0.0751
Dividend yieldDiv yield
Beta0.05vs XLI −0.64

No analyst consensus on record.

EPSReportedEstimate

Oct '23Mar '24Sep '24Mar '25Aug '25Mar '26Jul '26
Reported$1.17$0.70$0.92$1.06$1.07$1.10
Estimate
Surprise

RevenueReportedEstimate

Oct '23Mar '24Sep '24Mar '25Aug '25Mar '26Jul '26
Reported$185.0M$219.2M$227.1M$277.0M$263.4M$309.0M$311.8M
Estimate$263.4M$309.0M
Surprise0.0%0.0%
Estimate
Reported
Estimate
Reported$311.8M
View details

Debt to equity70.00%
Current ratio132.40%

ProfitabilityRevenueNet incomeNet margin

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Revenue$203.8M$185.0M$219.2M$227.1M$277.0M$263.4M$309.0M$311.8M
Net income$5.3M$6.4M$3.9M$5.0M$5.8M$5.9M$6.1M$6.4M
Net margin2.6%3.5%1.8%2.2%2.1%2.2%2.0%2.1%

GrowthOperating income

Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26
Operating income$6.0M$8.5M$5.4M$6.6M$8.1M$7.8M$9.1M$9.0M
YoY growth+0.8%+121.9%−9.8%−22.6%+49.0%+18.9%+12.0%+15.9%

Balance sheet, Jun 30, 2026Cash & short-term investments $19.9M · Total debt $99.8M · Total assets $352.2M · Shareholders' equity $142.6M

Revenue
$311.8M
Operating income
$9.0M
Net income
$6.4M
View details

No dividends on record.

Institutions1.32%4.8K ADS
3 holders · as of Jun 30, 2026
Insiders0.61%2.2K ADS
1 holder · as of Mar 18, 2026
Other98.07%359.6K ADS
remainder

366.7K ADS (1 ADS = 15 ordinary shares) as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (366.7K in the company's Sep 22, 2026 report, 5.50M elsewhere); stakes use the report.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Susquehanna International Group, LLPInstitution
0.80%43,738 A ADSas of Jun 30, 2026
Yongxu Liu1Insiderdirector, 10 percent owner, officer: Chief Executive Officer
0.61%33,333 A ordinaryfiled Mar 18, 2026
Geode Capital Management, LLCInstitution
0.40%22,048 A ADSas of Jun 30, 2026
UBS Group AGInstitution
0.12%6,543 A ADSas of Jun 30, 2026
Changle International LimitedInstitution
9.60% of class, as filedfiled Feb 14, 2024
  1. Yongxu Liu reports a block also reported by Shengfeng International Limited; it is counted once, under Shengfeng International Limited.

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Not reported.