|
Cash and cash equivalents
|
|
$18.9m
|
$21.3m
|
$26.7m
|
$34.7m
|
$35.3m
|
|
Notes receivable
|
|
$4.2m
|
$4.9m
|
$7.5m
|
$7.3m
|
$7.4m
|
|
Accounts receivable, net
|
|
$80.6m
|
$89.1m
|
$97.7m
|
$127.3m
|
$136.3m
|
|
Prepayments and other current assets, net
|
|
$17.9m
|
$18.3m
|
$14.5m
|
$29.7m
|
$22.2m
|
|
Total Current Assets
|
|
$121.7m
|
$135.7m
|
$149.1m
|
$205.2m
|
$216.6m
|
|
Long-term investments
|
|
$2.1m
|
$2.0m
|
$1.9m
|
$1.9m
|
$8.9m
|
|
Property and equipment, net
|
|
$47.3m
|
$40.3m
|
$41.1m
|
$60.0m
|
$70.1m
|
|
Intangible assets, net
|
|
$7.5m
|
$6.7m
|
$12.2m
|
$11.4m
|
$11.2m
|
|
Operating lease right-of-use assets, net
|
|
$29.9m
|
$27.9m
|
$18.0m
|
$9.9m
|
$5.7m
|
|
Restricted cash
|
|
$275k
|
$2.1m
|
$2.6m
|
$5.5m
|
$3.3m
|
|
Due from related parties
|
|
$50k
|
$42k
|
$162k
|
$1.4m
|
$24.3m
|
|
Deposits for investment
|
|
$15.7m
|
$14.4m
|
$8.5m
|
$10.6m
|
$9.2m
|
|
Deferred tax assets
|
|
$5.2m
|
$3.6m
|
$6.2m
|
$1.4m
|
$1.3m
|
|
Other non-current assets
|
|
$14.7m
|
$14.6m
|
$28.9m
|
$9.7m
|
$24.0m
|
|
Notes payable
|
|
—
|
$2.0m
|
$8.5m
|
$14.9m
|
$9.2m
|
|
Short-term bank loans
|
|
$46.0m
|
$47.7m
|
$36.1m
|
$39.4m
|
$44.7m
|
|
Long-term bank loans, current
|
|
—
|
—
|
—
|
—
|
$2.8m
|
|
Due to related parties
|
|
$1.9m
|
$2.4m
|
$3.4m
|
$3.4m
|
$3.7m
|
|
Salary and welfare payables
|
|
$4.6m
|
$3.2m
|
$4.6m
|
$3.0m
|
$5.6m
|
|
Accrued expenses and other current liabilities
|
|
$7.9m
|
$6.6m
|
$16.3m
|
$7.7m
|
$10.1m
|
|
Operating lease liabilities, current
|
|
$8.1m
|
$9.6m
|
$6.3m
|
$4.2m
|
$2.7m
|
|
Tax payables
|
|
$2.9m
|
$2.2m
|
$2.3m
|
$3.0m
|
$4.2m
|
|
Long-term bank loans
|
|
—
|
—
|
—
|
$16.4m
|
$33.8m
|
|
Operating lease liabilities, non-current
|
|
$21.5m
|
$17.5m
|
$10.9m
|
$4.7m
|
$2.2m
|
|
Other non-current liabilities
|
|
$1.5m
|
$1.9m
|
$2.0m
|
$2.8m
|
$1.3m
|
|
Ordinary share value
|
|
$8k
|
$8k
|
$8k
|
$8k
|
$8k
|
|
Statutory reserves
|
|
$3.4m
|
$4.0m
|
$4.9m
|
$6.0m
|
$7.3m
|
|
Non-controlling Interests
|
|
$4.3m
|
$3.9m
|
$4.4m
|
$6.3m
|
$6.9m
|
|
Total Shengfeng Development Limited’s Shareholders’ Equity
|
|
$91.6m
|
$91.2m
|
$107.9m
|
$117.1m
|
$131.9m
|
|
Total Equity
|
|
$95.9m
|
$95.1m
|
$112.3m
|
$123.4m
|
$138.9m
|
|
Total Assets
|
|
$244.2m
|
$245.3m
|
$265.8m
|
$310.1m
|
$347.0m
|
|
Accounts payable
|
|
$54.1m
|
$57.0m
|
$60.6m
|
$88.7m
|
$89.6m
|
|
Total Current Liabilities
|
|
$125.4m
|
$130.8m
|
$136.4m
|
$162.7m
|
$170.6m
|
|
Deferred tax liabilities
|
|
—
|
—
|
$4.3m
|
$53k
|
$247k
|
|
Total Liabilities
|
|
$148.3m
|
$150.2m
|
$153.5m
|
$186.7m
|
$208.1m
|
|
Additional paid-in capital
|
|
$75.6m
|
$75.6m
|
$83.8m
|
$83.8m
|
$83.8m
|
|
Retained earnings
|
|
$10.0m
|
$17.3m
|
$26.7m
|
$36.5m
|
$47.0m
|
|
Accumulated other comprehensive loss
|
|
$2.5m
|
($5.6m)
|
($7.4m)
|
($9.0m)
|
($6.2m)
|
|
Total Liabilities and Equity
|
|
$244.2m
|
$245.3m
|
$265.8m
|
$310.1m
|
$347.0m
|