Shengfeng Development (SFWL)
Integrated freight and storage logistics for Chinese business customers.
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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
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
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
No dividends on record.
| Institutions | 1.32% | 4.8K ADS | |
|---|---|---|---|
| 3 holders · as of Jun 30, 2026 | |||
| Insiders | 0.61% | 2.2K ADS | |
| 1 holder · as of Mar 18, 2026 | |||
| Other | 98.07% | 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
| Holder | Stake | Shares | Date |
|---|---|---|---|
Susquehanna International Group, LLPInstitution | 0.80% | 43,738 A ADS | as of Jun 30, 2026 |
Yongxu Liu1Insiderdirector, 10 percent owner, officer: Chief Executive Officer | 0.61% | 33,333 A ordinary | filed Mar 18, 2026 |
Geode Capital Management, LLCInstitution | 0.40% | 22,048 A ADS | as of Jun 30, 2026 |
UBS Group AGInstitution | 0.12% | 6,543 A ADS | as of Jun 30, 2026 |
Changle International LimitedInstitution | —9.60% of class, as filed | — | filed Feb 14, 2024 |
- 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.
Not reported.


