Profile
Sector:
IndustrialsIndustry:
Integrated Freight & LogisticsCountry:
ChinaIPO:
31 March 2023Website:
http://www.sfwl.com.cnNext earnings report:
09 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 19 min agoDividend
Analysts recommendations
Institutional Ownership
SFWL Latest News
Shengfeng Development Limited is a Chinese company that provides nationwide contracting and logistics services. The company's logistics network reaches 350 cities in China and includes transportation trucks and storage centers. The company's expansion into new markets, electrification efforts, and technological development may drive future growth and attract ESG-focused investors.
The logistics company's shares have more than doubled since their March IPO, including a 36% jump on a single day this week. Shengfeng's shares have risen sharply since their IPO, giving the company valuation ratios well ahead of its Chinese and global peers. The company is the latest in a recent flurry of new listings by Chinese logistics providers, which may be attracting investors for their growth potential and relatively low risk.
What type of business is Shengfeng Development Limited?
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; cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services; and value-added services comprising collection on delivery, delivery upstairs, packaging, pay-at-arrival, return proof of delivery, and shipment protection. It serves clients in various industries, including manufacturing, 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.
What sector is Shengfeng Development Limited in?
Shengfeng Development Limited is in the Industrials sector
What industry is Shengfeng Development Limited in?
Shengfeng Development Limited is in the Integrated Freight & Logistics industry
What country is Shengfeng Development Limited from?
Shengfeng Development Limited is headquartered in China
When did Shengfeng Development Limited go public?
Shengfeng Development Limited initial public offering (IPO) was on 31 March 2023
What is Shengfeng Development Limited website?
https://www.sfwl.com.cn
Is Shengfeng Development Limited in the S&P 500?
No, Shengfeng Development Limited is not included in the S&P 500 index
Is Shengfeng Development Limited in the NASDAQ 100?
No, Shengfeng Development Limited is not included in the NASDAQ 100 index
Is Shengfeng Development Limited in the Dow Jones?
No, Shengfeng Development Limited is not included in the Dow Jones index
When does Shengfeng Development Limited report earnings?
The next expected earnings date for Shengfeng Development Limited is 09 July 2024