SHENGFENG DEVELOPMENT Ltd

SFWL · XNAS

CIK 1863218fmd_1GCCRF00EJ5CQVSG197TBT5Y65Transportation, Communications, Electric, Gas and Sanitary Services · Trucking & Courier Services (No Air)Template: Standard

Coverage: Jan 01, 2020 to Dec 31, 2025, 10 periods

Income Statement · Annual · Millions · USD
Line item	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	287	347	370	404	504	572
Cost of revenue	251	305	329	358	458	519
Gross profit	36	41	42	47	46	53
Selling, general and administrative	30	33	32	33	32	36
Total operating expenses	30	33	32	33	32	36
Operating income	6	9	10	14	15	17
Interest expense	2	2	2	2	2	3
Interest and investment income	1	1	1	0	0	0
Other non-operating income (expense)	–	1	1	1	2	3
Income before taxes	8	8	9	13	12	14
Income tax expense	2	2	2	2	2	2
Net income from continuing operations	6	7	8	10	11	12
Net income	6	7	8	10	11	12
Net income to common shareholders	6	7	8	10	–	–