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SFWL (Shengfeng Development) Return-on-Tangible-Equity : 11.33% (As of Dec. 2024)


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What is Shengfeng Development Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Shengfeng Development's annualized net income for the quarter that ended in Dec. 2024 was $11.7 Mil. Shengfeng Development's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $103.1 Mil. Therefore, Shengfeng Development's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 11.33%.

The historical rank and industry rank for Shengfeng Development's Return-on-Tangible-Equity or its related term are showing as below:

SFWL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.12   Med: 9.24   Max: 11.42
Current: 10.8

During the past 5 years, Shengfeng Development's highest Return-on-Tangible-Equity was 11.42%. The lowest was 8.12%. And the median was 9.24%.

SFWL's Return-on-Tangible-Equity is ranked better than
52.6% of 960 companies
in the Transportation industry
Industry Median: 10.18 vs SFWL: 10.80

Shengfeng Development Return-on-Tangible-Equity Historical Data

The historical data trend for Shengfeng Development's Return-on-Tangible-Equity 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.

* Premium members only.

Shengfeng Development Return-on-Tangible-Equity Chart

Shengfeng Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
8.12 8.67 9.24 11.42 10.80

Shengfeng Development Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 12.79 14.79 8.30 10.26 11.33

Competitive Comparison of Shengfeng Development's Return-on-Tangible-Equity

For the Integrated Freight & Logistics subindustry, Shengfeng Development's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shengfeng Development's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shengfeng Development's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shengfeng Development's Return-on-Tangible-Equity falls into.


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Shengfeng Development Return-on-Tangible-Equity Calculation

Shengfeng Development's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=10.878/( (95.787+105.731 )/ 2 )
=10.878/100.759
=10.80 %

Shengfeng Development's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=11.684/( (100.526+105.731)/ 2 )
=11.684/103.1285
=11.33 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Shengfeng Development  (NAS:SFWL) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Shengfeng Development Return-on-Tangible-Equity Related Terms

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Shengfeng Development Business Description

Traded in Other Exchanges
N/A
Address
No. 478, Fuxin East Road, Shengfeng Building, Jinan 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.