S.F.Holding Co.Ltd(002352) (002352) issued the business briefing for December 2021 on January 19. Benefiting from the consolidation of Kerry Logistics, the company realized an operating revenue of 24.523 billion yuan in the current month, a year-on-year increase of 57.14%. This also means that in S.F.Holding Co.Ltd(002352) 2021, the annual revenue reached about 206.5 billion yuan, a year-on-year increase of nearly 40%.
It is worth mentioning that SF’s express logistics business continued to be repaired at the price side, and the company’s single ticket revenue increased both in the same period and month on month in December 2021. Combined with the A-share operation data of Tongda Department disclosed in the operation briefing earlier, the unit price of head express enterprises is continuing to pick up.
In terms of business, in the express logistics sector, in December 2021, S.F.Holding Co.Ltd(002352) achieved an operating revenue of 15.414 billion yuan, a year-on-year increase of 8.77%; The business volume was 938 million tickets, a year-on-year increase of 8.31%; Revenue and business volume grew steadily. SF express logistics business mainly includes the company’s time express, economic express, express, cold transport, medicine and intra city express business.
On the price side, the single ticket revenue of SF express logistics business in December 2021 was 16.43 yuan, a slight increase of 0.43% year-on-year. The single ticket revenue of SF express logistics in December 2020 was 16.36 yuan. In addition, the unit price of the company in December 2021 still increased by 3.86% compared with November.
Previously, in November 2021, the single ticket revenue of SF express logistics business reached 15.82 yuan / ticket, with a year-on-year increase of 1.41%, which is the first time that the year-on-year growth rate has been positive since 2021. Moreover, this data is also the first time that SF’s unit price has been positive year-on-year since June 2019, after more than two years of price war in the express industry.
In addition, SF’s supply chain and international business growth showed a bright performance. The company achieved an operating revenue of 9.109 billion yuan in December 2021, a year-on-year increase of 534.77%. This business category mainly includes the company’s supply chain, international business segment, and the integrated logistics and international freight business segment of Kerry Logistics networking Co., Ltd. (“Kerry Logistics”). Among them, the number of pieces in the original international business segment of the company was 05.8 million in December 2021 and 04.2 million in December 2020.
Previously, on September 28, 2021, SF acquired about 51.5% of the shares of Kerry Logistics and completed the delivery. Kerry Logistics officially became a S.F.Holding Co.Ltd(002352) subsidiary and was included in the consolidation scope of the company’s financial report.
On January 18, Yto Express Group Co.Ltd(600233) , Sto Express Co.Ltd(002468) and Yunda Holding Co.Ltd(002120) successively released the business briefing for December 2021. Data show that the three Tongda express companies have achieved both volume and price increases.
Among them, the growth rate of Yunda pieces leads. In December, Yunda completed the express service business volume of 1.836 billion tickets, a year-on-year increase of 22.16%; Shentong completed 1.153 billion business tickets, a year-on-year increase of 19.58%; Yuantong completed 1.582 billion tickets, a year-on-year increase of 6.17%. The unit price of Yuantong increased the most. In December, the single ticket revenue of Yuantong Express products was 2.5 yuan, a year-on-year increase of 12.99%, and the unit price increased year-on-year for five consecutive months; The single ticket income of Shentong express service in December was 2.44 yuan, a year-on-year increase of 4.72%; Yunda’s single ticket income of express service in the current month was 2.35 yuan, a year-on-year increase of 2.17%.
