Under the revenue of 100 billion yuan, JD logistics has enhanced its hematopoietic capacity.
On March 10, JD logistics released its first annual performance report after listing. In 2021, the total revenue of JD logistics reached 104.7 billion yuan, a year-on-year increase of 42.7%.
"The increase in total revenue was driven by a 27.8% increase in revenue from customers in the integrated supply chain and an 89.5% increase in revenue from other customers." Jingdong Logistics said in the financial report.
According to the financial report, the revenue of external customers of JD logistics reached 59.1 billion yuan in 2021, a year-on-year increase of 72.7%, accounting for 56.5% of the total revenue. This means that JD logistics has made an important breakthrough in opening to the outside world, and the integrated supply chain logistics layout has entered a new stage of development.
In 2021, the customer revenue of JD logistics integrated supply chain reached 71.1 billion yuan, of which the customer revenue from external integrated supply chain increased by 54.7% year-on-year. The strong revenue growth comes from the increasing number of integrated supply chain customers and the improvement of the average income of single customers. In 2021, the number of external integrated supply chain customers of JD logistics increased by 41.7% year-on-year, and the average income of single customers exceeded 340000 yuan.
In 2017, JD logistics put forward the strategic goal of "realizing an annual revenue scale of more than 100 billion yuan in five years, and the revenue of external customers accounts for more than 50%. Now, the record of more than 100 billion yuan and the proportion of 50% indicate that this strategic goal has been exceeded in advance. "From enterprise logistics to logistics enterprises, this is a key turning point of JD logistics, which has effectively reversed the market's widespread concern about the lack of hematopoietic capacity of JD logistics itself." Wei Dapeng, transportation analyst of China Post securities, told the reporter of Securities Daily.
As of December 31, 2021, JD logistics has operated more than 1300 warehouses and 43 "Asia one" large-scale intelligent logistics parks. Among them, 400 warehouses are added in a year, which is equivalent to an average of one warehouse per day in a year.
It is understood that the 43 "Asia No. 1" operated by JD logistics in 33 cities across the country not only greatly improved the distribution timeliness in remote areas, but also effectively promoted local employment.
"Jingdong's net growth of nearly 100 million active users in the past 21 years, of which 70% came from the sinking market. It has driven the annual net income of Jingdong Logistics to exceed 100 billion yuan. This also verifies the general trend of" West "and" down "in the express logistics industry in recent years. In the foreseeable future, the western region and rural market will still be important growth points of e-commerce and express industry."
Jingdong Logistics plays an important role in front of and behind the stage of the 2022 Beijing Winter Olympic Games and Paralympic Games. Its automatic handling Siasun Robot&Automation Co.Ltd(300024) , sorting Siasun Robot&Automation Co.Ltd(300024) , intelligent express truck, UAV and double-sided intelligent distribution cabinet are also widely used in the Winter Olympic logistics services.
According to the financial report, "JD logistics is fully responsible for the integrated supply chain logistics services of multiple storage centers and competition and non competition venues in an international sports event, and provides a reliable guarantee for the efficient and safe organization of the event through the investment of AGV Siasun Robot&Automation Co.Ltd(300024) and intelligent distribution equipment."
According to the financial report, JD's operating cost increased from 67.1 billion yuan in 2020 to 98.9 billion yuan in 2021, a year-on-year increase of 47.4%.
This mainly involves providing compensation and benefits for more than 300000 front-line employees such as warehouse management, sorting, packaging, transportation and distribution, and customer service. According to the financial report, the salary and welfare expenditure of JD logistics front-line employees reached 35.8 billion yuan in 2021, an increase of nearly 10 billion yuan compared with 2020.
In terms of gross profit and gross profit margin, during the financial reporting period, this data of JD logistics decreased to 5.8 billion yuan from 6.3 billion yuan in 2020. Referring to the reasons, JD logistics said: "the decrease in gross profit margin is mainly due to the reduction of covid-19 related government support concessions, and we are committed to strengthening and expanding the logistics network, including increasing the number of operators, warehouse area, the number of comprehensive transportation lines and other logistics infrastructure."
Zhao Xiaomin, express logistics expert and CEO of guanshuo capital, said in an interview with the reporter of Securities Daily, "The market has expected losses. JD logistics should take a series of actions to stabilize the market as soon as possible. For example, whether the company's management has taken action to increase its holdings, JD airlines should make an official announcement as soon as possible, and the overall logistics layout after the acquisition of trans express, it is necessary for the market to perceive the scale effect and overall competitiveness of JD logistics."
It is worth noting that in 2021, JD logistics has served more than 300000 enterprise customers such as Anta, bosden, SKECH, Volvo cars, Muji, Xiaomi Youpin and Chivas.
Taking the automobile industry as an example, in August 2021, JD logistics signed a strategic cooperation agreement with Volvo cars, a global luxury car brand. With the help of strong infrastructure coverage and technical advantages, JD logistics turned the original national 4 warehouses of Volvo cars into national 8 warehouses. At the same time, it realized the structural optimization of the inventory cost of auto parts by constructing a big data intelligent operation replenishment model.
"Taking the integrated supply chain business as an advantage, JD logistics has made up for its shortcomings in bulk freight transportation through mergers and acquisitions, held 37.02% of the shares of China logistics asset Holding Co., Ltd. through acquisitions and other means, and moved towards a richer logistics field. If the recent news of purchasing deppon is true, it will undoubtedly accelerate JD's all-round layout in the logistics field." Wei Dapeng said.
