Deppon Logistics Co.Ltd(603056) : the revenue in 2021 was RMB 31.359 billion, with a year-on-year increase of 14.02%, adhering to the long-term principle

On the evening of April 26, Deppon Logistics Co.Ltd(603056) ( Deppon Logistics Co.Ltd(603056) ) released the 2021 annual report and the 2022 first quarter report. According to the annual report, Deppon Logistics Co.Ltd(603056) 2021 achieved a total operating revenue of RMB 31.359 billion, with a year-on-year increase of 14.02%; According to the first quarterly report of 2022, the company achieved a revenue of 7.020 billion yuan, and the operating cost decreased by 4.02% year-on-year.

Thanks to the implementation of various cost reduction and efficiency enhancement measures and effective cost control, the gross profit margin of the company’s main business was repaired quarterly. In the fourth quarter of 2021, the gross profit margin was 11.82%, with a month on month increase of 1.58 percentage points and a year-on-year increase of 0.28 percentage points.

In terms of period expenses, based on the substantial increase in the thickness of talents, the company began to gradually improve the management efficiency of background personnel through organization and process optimization in the second half of the year, and the management expenses also showed a qualitative decline. According to the disclosure of the annual report, in the second half of 2021, Deppon Logistics Co.Ltd(603056) management expenses accounted for 0.36 percentage points lower than that in the first half of the year.

With the adjustment and orderly implementation of the company’s internal and external business strategies, the corresponding effects have gradually appeared. Thanks to the continuous improvement of the company’s fine management ability, the company’s packaging materials, materials, claims and other costs decreased by 1.97% year-on-year, accounting for 1.15 percentage points of revenue.

Deppon Logistics Co.Ltd(603056) said that under the differentiated competition strategy, through targeted investment in various operation links and support links, the company has continuously improved the large parts matching system, guaranteed the whole process service experience of customers, improved the core competitiveness of large parts business, and achieved steady, sustainable and valuable growth of revenue. With the continuous increase of express business volume, the operating efficiency will continue to improve, and the overall profitability of the company is expected to be repaired.

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