Benefiting from the continuous development of e-commerce platforms, the logistics industry generally achieved substantial profit growth.
On April 27, the national standing committee pointed out to strengthen the assistance to freight operators. In view of the recent logistics obstruction in some areas, the State Council has established a working mechanism. We should coordinate epidemic prevention and control and ensure smooth logistics supply, strengthen departmental coordination and cross regional linkage, and smooth international logistics in China. Strengthen the assistance to freight operators. From May 1 to the end of the year, the income from qualified express collection and dispatch services will be exempted from value-added tax launch 100 billion yuan of refinancing as soon as possible to support the financing of transportation, logistics and warehousing industries
Recently, favorable policies on the logistics industry have been issued one after another. Previously, the Ministry of transport and the Ministry of science and Technology issued the scientific and technological innovation plan in the transportation field during the 14th five year plan, which focused on promoting the development of intelligent logistics, promoting the application of automated three-dimensional warehouses, guiding transport vehicles and other equipment and facilities. R & D and application of cold chain logistics technology and equipment such as cold chain incubator, intelligent fresh self lifting cabinet, refrigerator truck and cold chain temperature control system. Develop new business forms and modes such as high-speed rail express and UAV (vehicle) logistics delivery.
Recently, the State Council issued the opinions on accelerating the construction of a national unified market, which focuses on the construction of modern circulation network, including “accelerating the construction of digitization”, “promoting the construction of national logistics hub network and vigorously developing multimodal transport”, “Vigorously develop third-party logistics, support the construction of digital third-party logistics delivery platform, promote the innovation of technology and business model of third-party logistics industry, cultivate a number of digital platform enterprises and supply chain enterprises with global influence, and promote the cost reduction and efficiency increase of logistics in the whole society”.
express business revenue exceeds trillion yuan
With the rapid development of major e-commerce platforms, the rapid increase of e-commerce parts and the development of express industry complement each other. According to the State Post Office, in 2021, the business volume of national express service enterprises completed 108.3 billion pieces, a year-on-year increase of 29.9%; Business income totaled 103323 billion yuan, a year-on-year increase of 17.5%. Over the past 10 years, the business volume of enterprise express delivery has increased from 5.685 billion pieces to 108.3 billion pieces in 2021, with a compound annual growth rate of 267.07%.
Since this year, the epidemic has been repeated in China, the demand for express delivery has continued to grow, and the business volume and revenue of enterprises have quickly recovered to the pre epidemic level State Post Bureau data show that in the first quarter, enterprises realized 24.226 billion express business, exceeding the level of 20% in the same period last year
Citic Securities Company Limited(600030) research report believes that the epidemic spread has an impact on logistics or opens the repair mode. On April 23, the vehicle freight logistics index of Shanghai, Zhejiang and Jiangsu decreased by 86.6%, 18.1% and 32.3% year-on-year, narrowed compared with the previous high point. Compared with the lowest point at the beginning of Shenzhen distribution, Guangdong logistics vehicle index decreased by 45.7% and narrowed by 141%, The impact of epidemic spread on logistics or start the repair mode.
high performance increase in logistics industry
Benefiting from the continuous development of e-commerce platforms, the logistics industry generally achieved substantial profit growth. According to the statistics of securities times · data treasure, 45 shares have published the annual report or performance forecast of 2021, of which 32 shares have been increased in advance. According to the median year-on-year increase of net profit, Jiangsu Feiliks International Logistics Inc(300240) , Ccs Supply Chain Management Co.Ltd(600180) , Eternal Asia Supply Chain Management Ltd(002183) are expected to be the top, all exceeding 300%.
Jiangsu Feiliks International Logistics Inc(300240) announcement shows that the annual net profit attributable to the parent company was 187 million yuan, and the net profit attributable to the parent company after deduction was 61.293 million yuan, both of which turned losses into profits. The company said that in terms of business operation, the company has accumulated 587000 customs declaration tickets and implemented the import and export volume of goods of US $26.1 billion.
In addition, 30 shares have released the first quarterly report or performance forecast, 20 shares have increased their profits in advance, and the net profit attributable to the parent company of 4 shares has increased by more than 200% year-on-year, including S.F.Holding Co.Ltd(002352) , Cmst Development Co.Ltd(600787) , Guangdong Gensho Logistics Co.Ltd(603813) , Sto Express Co.Ltd(002468)
S.F.Holding Co.Ltd(002352) a quarterly forecast shows that the net profit attributable to the parent company is expected to be 950-1.1 billion yuan, with a year-on-year increase of 196% – 211%, turning losses into profits. The main reason is to strengthen the resource coordination across business sectors during the Spring Festival and actively optimize the product structure.
In terms of capital flow, eight logistics equity stocks have been favored by funds going north for months, and the growth of Eastern Air Logistics Co.Ltd(601156) , Xiamen Xiangyu Co.Ltd(600057) , Xiamen C&D Inc(600153) , Yto Express Group Co.Ltd(600233) shares ranks first. Compared with other stocks, the logistics stocks favored by northbound capital are more resistant to decline, with an average increase of 2.25% since this month, significantly outperforming the market, of which Eastern Air Logistics Co.Ltd(601156) has increased by 13.83%.
