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Shengfeng Development (NASDAQ:SFWL) has a ROCE of 10%, which is lower than the Logistics industry average of 14%. However, the company's return on capital has risen significantly over the last five years and the base of capital employed has also increased. Despite high current liabilities at 49% of total assets, Shengfeng Development's return on capital employed is a promising trend for long-term growth.

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