San Yang Ma (Chongqing) Logistics Co.Ltd(001317) april 15 announced the first annual “report card” after listing. In 2021, the company achieved an operating revenue of 923 million yuan, a year-on-year increase of 6.38%; The net profit attributable to the parent company was 475299 million yuan, a year-on-year decrease of 25.30%; The net profit after deducting non profit was 432231 million yuan, a decrease of 22.41%, and the earnings per share was 0.77 yuan. The company’s profit distribution plan for the 21st year is to pay out 4 yuan (including tax) for every 10 shares.
San Yang Ma (Chongqing) Logistics Co.Ltd(001317) is a third-party logistics enterprise that mainly provides comprehensive services for the automobile industry and non automobile industries such as beer, beverage and washing products through highway and railway intermodal transportation. It was listed and traded on the main board of Shenzhen Stock Exchange on November 30, 2021. During the reporting period, in the face of continuous and repeated covid-19 epidemic and severe market situation, the company attached great importance to operation and production, ensuring that the comprehensive revenue of vehicle logistics increased by 6.34% year-on-year, exceeding the growth rate of vehicle production and sales in the same period. The company has strengthened its market development. Relying on its service advantages for small and medium-sized main engine plants and perfect logistics network, the company has added a series of new customers and new logistics line projects, such as Zhengzhou Nissan commercial vehicle, Zhengzhou Ganning Qinghai Tibet, Xinjiang, Yunnan and heijiliao line project, Chongqing Zhejiang Shanghai Jiangxi and Anhui line project of heavy truck (Chongqing) light vehicle commercial vehicle, Chongqing Chang’an Minsheng logistics commercial vehicle Chongqing Beijing line project, Chengdu sanlicheng business service company leases vehicles, including Lanzhou, Urumqi Sanya, Xining Haikou, Sanya logistics line projects and a series of highway and rail intermodal projects. At the same time, we will continue to strengthen the construction of logistics network, provide customers with solutions for diversified logistics needs through the fine management of production and operation, and strengthen marketing to ensure that the field of vehicle logistics and highway railway intermodal transport maintains a high market share.
However, due to the intensification of market competition, the prices of main customers have been reduced to a certain extent. At the same time, due to the epidemic and chip supply and other factors, the overall gross profit margin and net profit of the company have decreased year-on-year, and the overall scale of various expenses is basically the same. The net cash flow from operating activities is negative due to the payment of large amount of bill deposit, guarantee deposit, bill endorsement, payment of project funds and increase of bills receivable. The overall operation of the company is balanced. After listing, the capital liability structure is more reasonable, the asset liability ratio is further optimized, and the cash balance is sufficient.
Looking forward to the future, San Yang Ma (Chongqing) Logistics Co.Ltd(001317) said that it would continue to expand the logistics service network plan, increase the investment in the layout of logistics bases and outlets, further improve its competitiveness in the field of multimodal transport, and lay a solid network foundation for exploring other fields of automobile logistics; At the same time, integrate the development of intelligent and information facilities and system plans, continue to strengthen the investment in service mode innovation, talent introduction and training and information system construction, further improve the logistics service level, consolidate and improve their core competitiveness, and continue to build a national modern comprehensive logistics enterprise with leading advantages in the field of multimodal transport.
According to the company’s operating conditions in 2021 and business plan in 2022, the company reasonably expects the year-on-year change range of operating revenue and net profit in 2022 to be – 30% – 30%.
