Shengfeng Development Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $24.4M
- Price
- $9.00
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.04%
- Volume
- 7.1K
About
Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People’s Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services. It also provides value-added services comprising collection on delivery, customs declaration, delivery upstairs, packaging, pay-at-arrival, return proof of delivery, and shipment protection; and software engineering, supply chain management, and technical and development services. The company serves clients in various industries, including manufacturing, new energy, telecommunications, internet, fashion, fast moving consumer goods, publishing, agriculture, and e-commerce. Shengfeng Development Limited was founded in 2001 and is based in Fuzhou, the People’s Republic of China.
Quick stats
Shares outstanding2.7M
Computed float2.1M
Float / shares77.3%
Cash runway (months)3.5
Key info
SectorIndustrials
IndustryIntegrated Freight & Logistics
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001863218
Websitehttps://www.sfwl.com.cn
AI Summary
AI-generated1/2
standardmixedearnings
Shengfeng Development Limited Announces Unaudited 2026 First Half Financial Results
Shengfeng posted first-half 2026 revenue of $311.8 million, up 18.4% year over year, driven primarily by transportation services growth with existing clients.
Profitability lagged the top line: gross margin slipped to 8.6% from 9.1% on competitive pricing pressures, and net income rose just 9.6% to $6.6 million while G&A climbed 15.4%.
Cash and equivalents fell to $16.9 million from $35.3 million at year-end 2025, which management attributed to expansion investments and higher working capital needs.
For H2 2026, management is focused on network and route optimization, transportation capacity utilization, and working capital management to convert revenue growth into stronger profitability.
Red flags
- Gross margin compressed to 8.6% from 9.1% year over year due to competitive pricing pressures
- Cash and equivalents halved in six months ($35.3M to $16.9M) on expansion spending and working capital needs
- Net income growth (9.6%) trailed revenue growth (18.4%), with G&A expenses up 15.4%
- Results are unaudited