Shengfeng Other Current Assets from 2010 to 2024

SFWL Stock   1.18  0.05  4.07%   
Shengfeng Development Other Current Assets yearly trend continues to be quite stable with very little volatility. Other Current Assets may rise above about 17.2 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
14.5 M
Current Value
17.2 M
Quarterly Volatility
3.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shengfeng Development financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shengfeng Development's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.8 M, Interest Expense of 2.1 M or Selling General Administrative of 26.3 M, as well as many indicators such as Price To Sales Ratio of 1.1, Dividend Yield of 0.0 or PTB Ratio of 3.99. Shengfeng financial statements analysis is a perfect complement when working with Shengfeng Development Valuation or Volatility modules.
  
Check out the analysis of Shengfeng Development Correlation against competitors.

Latest Shengfeng Development's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Shengfeng Development Limited over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Shengfeng Development's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shengfeng Development's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Shengfeng Other Current Assets Regression Statistics

Arithmetic Mean12,861,400
Geometric Mean12,556,165
Coefficient Of Variation23.88
Mean Deviation2,692,533
Median10,842,000
Standard Deviation3,071,260
Sample Variance9.4T
Range7.5M
R-Value0.78
Mean Square Error4T
R-Squared0.61
Significance0.0006
Slope534,389
Total Sum of Squares132.1T

Shengfeng Other Current Assets History

202417.2 M
202314.5 M
202218.3 M
202118.2 M
202016.3 M

About Shengfeng Development Financial Statements

Shengfeng Development investors utilize fundamental indicators, such as Other Current Assets, to predict how Shengfeng Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Assets14.5 M17.2 M

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When determining whether Shengfeng Development is a strong investment it is important to analyze Shengfeng Development's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shengfeng Development's future performance. For an informed investment choice regarding Shengfeng Stock, refer to the following important reports:
Check out the analysis of Shengfeng Development Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shengfeng Development. If investors know Shengfeng will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shengfeng Development listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
0.11
Revenue Per Share
5.411
Quarterly Revenue Growth
0.228
Return On Assets
0.0304
The market value of Shengfeng Development is measured differently than its book value, which is the value of Shengfeng that is recorded on the company's balance sheet. Investors also form their own opinion of Shengfeng Development's value that differs from its market value or its book value, called intrinsic value, which is Shengfeng Development's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shengfeng Development's market value can be influenced by many factors that don't directly affect Shengfeng Development's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shengfeng Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shengfeng Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shengfeng Development's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.