Shengfeng Development Limited
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Shengfeng Development Limited's past years’ income statements indicate that its last revenue has increased compared to the previous period by 9% to $404,121,000. The net income raised on $10,294,000 and profit margin reached 3%. Total operating expenses were $32,600,000.

Profit Margin

Shengfeng Development Limited (NASDAQ:SFWL): Profit margin
2019 232.61M 1.91M 0.82%
2020 287.46M 6.09M 2.12%
2021 346.69M 6.89M 1.99%
2022 370.32M 7.78M 2.1%
2023 404.12M 10.29M 2.55%

SFWL Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
404.12M370.32M346.69M287.46M232.61M
Cost of revenue
357.61M328.79M305.35M251.48M203.78M
Gross profit
46.50M41.53M41.34M35.97M28.82M
Operating exp.
Research and development
00000
Selling and marketing
6.68M7.42M7.72M6.13M6.24M
Total operating expenses
32.6M31.15M32.19M27.70M26.28M
Operating income
13.90M9.84M8.58M6.20M2.54M
Other income (expenses), net
-1.27M-421K-426K1.40M-320.99K
Income before tax
12.62M9.42M8.16M7.61M2.22M
Income tax expense
2.32M1.59M1.51M1.57M293K
Net income
10.29M7.78M6.89M6.09M1.91M
Earnings per share
Basic EPS
0.130.090.080.070.02
Diluted EPS
0.130.090.080.070.02
Data sourceData source