
Core Viewpoint - Shengfeng Logistics (SFWL) experienced a stock price increase of 6.8% on August 15, reaching $1.1 per share, with a total market capitalization of $90.75 million [1] Financial Performance - For the fiscal year ending December 31, 2024, Shengfeng Logistics reported total revenue of $504 million, representing a year-over-year growth of 24.75% [1] - The net profit attributable to shareholders was $10.878 million, reflecting a year-over-year increase of 5.67% [1] Company Structure - Shengfeng Development Limited is a holding company registered in the Cayman Islands and does not operate directly in China [1] - The company's operations are conducted through its subsidiaries in China via Variable Interest Entity (VIE) agreements, with Shengfeng Logistics being one of the leading contract logistics service providers in China [1]