As of April 22, according to data statistics, a total of 16 listed companies in the A-share transportation industry (classified by Shenyin Wanguo industry) have disclosed the performance forecast for the first quarter of 2022, of which 6 have increased slightly, 8 have increased in advance and 2 have reversed their losses.
In terms of the year-on-year growth of net profit in the first quarter, five companies increased by more than 100% year-on-year, namely Cmst Development Co.Ltd(600787) , Sto Express Co.Ltd(002468) , S.F.Holding Co.Ltd(002352) , China Merchants Energy Shipping Co.Ltd(601872) and Citic Offshore Helicopter Co.Ltd(000099) . Among them, Cmst Development Co.Ltd(600787) the highest expected net profit increased by 520% year-on-year, ranking first in the list.
Zhao Xiaomin, CEO of guanshuo capital and expert of express delivery industry, said in an interview with the reporter of Securities Daily that although the industry is greatly affected by the epidemic, from the report card, the performance of the transportation industry in the first quarter is still good. Looking forward to the follow-up, the industry will still grow steadily with the help of policies and consumption.
first quarter performance improved
Judging from the performance of Listed Companies in the transportation industry that have disclosed the performance forecast of the first quarterly report, the net profits of 16 companies have achieved positive year-on-year growth. In terms of the growth range, the predicted net profits of more than 9 companies have increased by more than 50% year-on-year.
For the reasons for performance growth, listed companies with the highest year-on-year increase in net profit said that under the background of the epidemic, logistics companies actively maintain the stable development of production and operation, strengthen cost control, and actively improve the efficiency of existing business lines to increase the company's performance.
It is worth noting that in addition to the above reasons, the growth rate of net profit of individual companies is obviously also related to special reasons of the company. For example, Cmst Development Co.Ltd(600787) expects the performance to rise significantly from January to March 2022, and the net profit attributable to shareholders of listed companies is 321 million to 349 million yuan, a year-on-year increase of 470% to 520%.
As for the reasons for the large increase in performance, Cmst Development Co.Ltd(600787) said that in addition to the company's efforts to meet difficulties while effectively grasping the normalization of prevention and control and maintaining stable development of production and operation, another very important reason is that the land delivery and storage of Hankou branch of the company confirmed a net income of about 257 million yuan in the reporting period, which directly boosted the growth of the company's net profit.
In addition, as the two leading enterprises in the express industry, the performance of Sto Express Co.Ltd(002468) and S.F.Holding Co.Ltd(002352) 2022 in the first quarter was also significantly better Sto Express Co.Ltd(002468) it is estimated that the net profit in the first quarter of this year will be 90 million yuan to 120 million yuan Sto Express Co.Ltd(002468) said that during the reporting period, the company's market share increased significantly and its operating performance improved significantly.
S.F.Holding Co.Ltd(002352) it is estimated that the net profit attributable to the shareholders of the listed company is 950 million yuan to 1.1 billion yuan, with a year-on-year increase of 196% to 211%.
Some brokerage analysts said that although the outlets of many logistics companies stopped receiving and dispatching during the peak period of the epidemic, with the gradual recovery of the transportation industry promoted by the policy, the impact on the volume of express delivery was gradually reduced. In addition, the companies in the transportation industry took the initiative to adjust their business structure, the single ticket price increased year-on-year, the company's business stabilized, and finally achieved performance growth.
industry will continue to grow steadily
According to the latest operation data of the postal industry in the first quarter of 2022 released by the State Post Office, the business income of the postal industry (excluding the direct business income of the postal savings bank) totaled 326.88 billion yuan in the first quarter, a year-on-year increase of 10.0%; The total business volume reached 335.43 billion yuan, a year-on-year increase of 10.7%.
Among them, the business volume of national express service enterprises has reached 24.23 billion, a year-on-year increase of 10.5%; Business income totaled 239.28 billion yuan, a year-on-year increase of 6.9%. The business volume in the same city totaled 2.92 billion, with a year-on-year increase of 5.6%; Non local business volume totaled 20.88 billion pieces, with a year-on-year increase of 12.0%.
The data from the post office verified the resilience of the express industry, which is highly related to residents' lives and epidemic prevention materials. Zhaoxiaomin, CEO of guanshuo capital and expert of express delivery industry, told the reporter that it is optimistic that considering that consumption is expected to improve in the second half of this year and people's consumption habits change after the epidemic, the industry will usher in a one to two month compensatory demand rebound. With the addition of industrial products, the transportation and logistics industry will continue to grow steadily.
The aforementioned brokerage analysts said that on April 10, the deputy director of the economic and Trade Department of the national development and Reform Commission said at the enterprise Symposium of the logistics industry that he would actively coordinate relevant departments to create a loose environment for the full restoration of logistics operation. Under the condition of good policy orientation, it is expected that the timeliness business income and profit of the transportation industry will increase in 2022.
\u3000\u3000 "Looking forward to the second half of 2022, with the accelerated linkage between the rural market and the cross-border market, the transportation industry is expected to maintain stable and good growth throughout the year. In addition to policy supervision, the head enterprises themselves also have strong profit demands. Against the background of the stability of the demand side growth center, the capital expenditure scale of the head enterprises on the supply side will shrink, the proportion of capital expenditure in revenue will continue to decline, and the competitive strategy of the head enterprises will focus on the market Balance between market share and profitability. " Zhao Xiaomin added.
