GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Deferred Tax

Shengfeng Development (Shengfeng Development) Deferred Tax : $1.5 Mil (TTM As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Shengfeng Development Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Shengfeng Development's change in deferred tax for the six months ended in Dec. 2023 was $0.8 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was $1.5 Mil.

Shengfeng Development Deferred Tax Historical Data

The historical data trend for Shengfeng Development's Deferred Tax 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 Deferred Tax Chart

Shengfeng Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Deferred Tax
1.30 1.48 1.24 1.52

Shengfeng Development Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Deferred Tax Get a 7-Day Free Trial 1.56 0.27 0.97 0.70 0.82

Shengfeng Development Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.5 Mil.


* 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 Deferred Tax Related Terms

Thank you for viewing the detailed overview of Shengfeng Development's Deferred Tax provided by GuruFocus.com. Please click on the following links to see related term pages.

Shengfeng Development (Shengfeng Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Deferred Tax
Comparable Companies
PBI CYRX RLGT FWRD CRGO AIRT JYD JANL PDPTF SGLY UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD HKSE:01519
Traded in Other Exchanges
N/A
Address
No. 478 Fuxin East Road, Shengfeng Building, Jinan District,, Fuzhou City, CHN, 350001
Website
http://www.sfwl.com.cn
Shengfeng Development Ltd is a holding company. The firm through its subsidiaries engages in cargo warehousing, road transportation, and urban distribution. It offers contract logistics services comprising planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. Its integrated logistics solution services are comprised of three segments: B2B freight transportation; cloud storage; and value-added services.

Shengfeng Development (Shengfeng Development) Headlines

From GuruFocus

Shengfeng Development Limited Purchases Electric Heavy-Duty Trucks

By PRNewswire PRNewswire • 06-12-2023