Shengfeng Development reported total assets of $346.97M and total liabilities of $210.27M for the quarter ended Dec 2025, up 30.5% year over year. This balance sheet covers 9 quarters of results from Dec 2020 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Dec2020 | Dec2021 | Dec2022 | Jun2023 | Dec2023 | Jun2024 | Dec2024 | Jun2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Current Assets | |||||||||
| Cash & EquivalentsCash & Equiv. | 27.78M | 18.64M | 21.29M | 31.68M | 26.73M | 11.18M | 34.67M | 14.33M | 35.29M |
| Short-term InvestmentsInvestments (Current) | 0.28M | 2.08M | 2.59M | 2.57M | 3.53M | 5.54M | 4.60M | 3.28M | |
| Cash & Current Investments | 27.78M | 18.92M | 23.37M | 34.27M | 29.29M | 14.70M | 40.21M | 18.93M | 38.57M |
| Receivables - NetNet Receivables | 83.02M | 92.22M | 78.56M | 100.97M | 110.41M | 130.34M | 127.87M | 139.12M | |
| Receivables - OtherOther Receivables | 0.23M | -0.65M | 0.60M | -0.60M | -0.04M | 0.04M | 0.70M | 2.28M | 12.16M |
| Receivables | 82.37M | 92.83M | 77.96M | 100.93M | 110.45M | 131.05M | 130.15M | 151.28M | |
| Prepaid Assets | 17.93M | 18.29M | 18.73M | 14.54M | 30.91M | 29.68M | 37.35M | 22.19M | |
| Current Assets | 121.70M | 135.70M | 130.72M | 149.10M | 159.20M | 205.24M | 190.00M | 216.59M | |
| Non-Current Assets | |||||||||
| Buildings | 2.02M | 2.02M | |||||||
| Land & Improvements | 2.02M | 2.02M | |||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 47.28M | 40.27M | 38.70M | 41.07M | 43.22M | 59.97M | 68.82M | 70.09M | |
| Long-Term Investments | 2.14M | 2.04M | 1.89M | 1.91M | 1.90M | 1.90M | 1.94M | 8.87M | |
| Intangibles | 7.53M | 10.14M | 12.24M | 12.16M | 11.78M | 11.41M | 11.23M | 11.21M | |
| Goodwill & Intangibles | 2.90M | 2.60M | 2.50M | 8.60M | 11.78M | 8.30M | 11.23M | 8.30M | |
| Long-Term Deferred Tax | 5.22M | 3.59M | 2.77M | 6.25M | 5.33M | 1.43M | 1.54M | 1.31M | |
| Other Non-Current Assets | 14.74M | 18.29M | 8.44M | 28.85M | 15.87M | 9.69M | 4.21M | 23.98M | |
| Non-Current Assets | 122.51M | 109.48M | 99.08M | 107.31M | 104.58M | 116.77M | 106.44M | 131.85M | |
| Assets | 244.21M | 245.26M | 229.80M | 265.84M | 263.78M | 310.13M | 296.44M | 346.97M | |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payables | 54.09M | 57.05M | 42.19M | 60.58M | 56.84M | 91.94M | 62.21M | 92.92M | |
| Notes Payables | 9.20M | 46.00M | 2.05M | 34.86M | 8.47M | 10.52M | 39.40M | 48.74M | 44.65M |
| Payables | 9.20M | 100.09M | 59.09M | 77.05M | 69.06M | 67.36M | 131.34M | 110.94M | 137.57M |
| Accumulated Expenses | 7.85M | 6.55M | 7.59M | 16.26M | 6.13M | 7.67M | 8.94M | 10.10M | |
| Other Accumulated Expenses | 1.88M | 2.41M | 1.57M | 1.70M | 1.75M | 1.69M | 1.55M | 1.83M | |
| Short term Debt | 9.20M | 47.66M | 34.86M | 36.13M | 35.91M | ||||
| Current Leases | 8.13M | 9.63M | 7.38M | 6.32M | 5.49M | 4.22M | 3.98M | 2.67M | |
| Current Taxes | 2.89M | 2.21M | 3.20M | 2.28M | 3.18M | 3.02M | 3.70M | 4.15M | |
| Current Deferred Revenue | 498.12M | 563.78M | |||||||
| Total Current Liabilities | 125.35M | 130.80M | 108.52M | 136.38M | 122.15M | 165.67M | 144.12M | 172.84M | |
| Non-Current Liabilities | |||||||||
| Non-Current Debt | 45.96M | 47.66M | 9.41M | 9.16M | 16.39M | 16.05M | 33.83M | ||
| Minority Interest | 4.30M | 3.86M | 4.15M | 4.37M | 5.29M | 6.30M | 6.66M | 6.95M | |
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 4.25M | 3.56M | 0.05M | 0.15M | 0.25M | ||||
| Operating Leases | 8.59M | 21.48M | 17.51M | 13.40M | 10.90M | 9.54M | 4.72M | 3.25M | 2.16M |
| Other Non-Current Liabilities | 1.47M | 1.87M | 1.77M | 2.00M | 1.77M | 2.84M | 2.69M | 1.26M | |
| Total Non-Current Liabilities | 22.96M | 19.38M | 121.92M | 17.06M | 144.41M | 186.76M | 163.57M | 209.01M | |
| Total Liabilities | -84.38M | 148.31M | 150.17M | 123.69M | 153.53M | 146.18M | 189.59M | 166.27M | 210.27M |
| Shareholder's Equity | |||||||||
| Total Debt | 18.40M | 91.96M | 97.36M | 79.13M | 44.60M | 55.59M | 55.79M | 64.78M | 78.48M |
| Common Equity | 84.38M | 95.90M | 95.09M | 106.11M | 112.31M | 117.60M | 123.45M | 130.17M | 138.86M |
| Liabilities and Shareholders Equity | 244.21M | 245.26M | 229.80M | 265.84M | 263.78M | 310.13M | 296.44M | 346.97M | |
| Retained Earnings | 75.58M | 75.58M | 83.76M | 83.76M | 83.76M | 83.76M | 83.76M | 83.76M |