SFWL (Shengfeng Development) Construction In Progress: $20.7 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SFWL Shengfeng Development Ltd SFWL
74 GF Score
Price $14.25
GF Value $28.29
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shengfeng Development Construction In Progress?

Shengfeng Development SFWL +6.62% 74 Construction In Progress is $20.7 Mil as of Dec. 2025. GuruFocus rates SFWL with a GF Score™ of 74/100 and a GF Value™ of $28.29 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Shengfeng Development's quarterly construction in progress declined from Dec. 2024 ($28.5 Mil) to Jun. 2025 ($0.0 Mil) but then increased from Jun. 2025 ($0.0 Mil) to Dec. 2025 ($20.7 Mil).

Shengfeng Development's annual construction in progress increased from Dec. 2023 ($3.3 Mil) to Dec. 2024 ($28.5 Mil) but then declined from Dec. 2024 ($28.5 Mil) to Dec. 2025 ($20.7 Mil).

Shengfeng Development Construction In Progress Historical Data

* Premium members only.

The historical data trend for Shengfeng Development's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shengfeng Development Construction In Progress Chart

Shengfeng Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.75 2.22 3.26 28.48 20.70

Shengfeng Development Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.26 0.00 28.48 0.00 20.70
SFWL
74GF Score
Shengfeng Development Ltd SFWL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shengfeng Development Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $20.7 Mil mean?
Shengfeng Development (SFWL) has a Construction In Progress of $20.7 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Shengfeng Development and its competitors.
Is Shengfeng Development's Construction In Progress too high?
Shengfeng Development's current Construction In Progress is $20.7 Mil. Overall, Shengfeng Development has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shengfeng Development's Construction In Progress compare to CRGO and JANL?
Shengfeng Development's Construction In Progress of $20.7 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Transportation company?
A good Construction In Progress depends on the Transportation industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Shengfeng Development and its competitors. Shengfeng Development's current Construction In Progress is $20.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shengfeng Development stock overvalued right now?
Based on GuruFocus' analysis, Shengfeng Development (SFWL) is currently considered Significantly Undervalued. The stock's GF Value™ is $28.29, compared to a current price of $14.25 — trading 49.6% below its estimated fair value. The current Construction In Progress is $20.7 Mil. Shengfeng Development's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Shengfeng Development (SFWL), the current Construction In Progress is $20.7 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shengfeng Development (SFWL) Overvalued in 2026?

Based on GuruFocus' analysis, Shengfeng Development stock appears to be undervalued. The current stock price of $14.25 is trading 49.6% below its estimated GF Value™ of $28.29. GuruFocus considers Shengfeng Development to be Significantly Undervalued.

Key valuation signals for SFWL:

  • Construction In Progress: $20.7 Mil
  • GF Value™: $28.29 vs. price of $14.25 (49.6% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the SFWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shengfeng Development Business Description

Address No. 478, Fuxin East Road, Shengfeng Building, Jin’an District, Fujian Province, Fuzhou, CHN, 350001
Shengfeng Development Ltd is a holding company. Through its subsidiaries, it offers contract logistics services in China. The contract logistics services offered by the company include planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. The company's operations are based in the PRC. Its integrated logistics solutions are comprised of three business streams: B2B freight transportation services; cloud storage services; and value-added services. The company derives maximum revenue from Transportation, followed by Warehouse storage management services. The solutions provides by the company are : Internet TV; Electronic communication; Textiles and Apparel; Automotive parts; and e-commerce.
74GF Score

Get the complete analysis for SFWL

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.25
Price
$28.29
GF Value