Express industry repair is good: not fighting price wars!Zhongtong's net profit in the second quarter reached 1.7 billion yuan per single price increased by more than 10%

(Photo confession of Zhongtong Express)

China Times (chinatimes.net.cn) reporter Wang Xiaoyu Huang Xingli Beijing report

Since it was clearly stated last year that it will no longer pursue changes in business ideas in which profits exchange for short -term market growth, Zhongtong Express seems to have begun to get positive feedback from such adjustments.

According to the second quarter of 2022, released by Zhongtong Express on August 18, the number of parcels transported in the second quarter of this year reached 6.2 billion pieces, and the market share increased from 21.6%in the first quarter to 23.0%. In the second quarter, operating income increased by 18.2%to about 8.66 billion yuan, and the net profit after adjustment was 1.76 billion yuan.

Single ticket price increased by 10.5% in the second quarter

Judging from the situation in the first half of the year, Zhongtong Express packaging has reached 11.4 billion pieces. According to data previously disclosed by the State Post Office, the total business volume of the national express delivery service enterprise in the first half of this year was 51.22 billion pieces. Zhongtong Express can be said to further consolidate its leading position in market share.

Another significant change is in terms of single -ticket price. Following the increase of 8.5%in the first quarter, the single ticket price increased by 10.5%in the second quarter. According to Yan Huiping, the chief financial officer of Zhongtong Express, "As the price competition slows down, the price of our core express business single ticket price increases by 10.5%year -on -year, that is, 0.13 yuan. Negative impact. "

According to the data disclosed in the financial report, the cost of single ticket transportation in the second quarter was 0.49 yuan, a decrease of 0.08 yuan from the previous month; the cost of single ticket sorting was 0.30 yuan, a decrease of 0.06 yuan from the previous month. Considering that the Zhongtong Express Headquarters and the core operating base Shanghai was affected by the new crown epidemic in the first half of this year, which caused more than two months of "shutdown", and the influence of the epidemic in many periods across the country and the operation of the courier company's operations. The significant impact is more difficult to achieve such growth, which highlights the importance of its competitive ideas from simply expanding market share to increasing profitability transformation.

Lai Meisong, the founder, chairman and chief executive officer of Zhongtong Express Group, said, "Although the epidemic situation in the first half of the year and the uncertainty of the macroeconomic economy, Zhongtong's business volume and profits are still strong. Enterprises, Zhongtong fully grasp the growth momentum, accelerate business growth by using its strong infrastructure and capacity advantages. Our cost reduction measures continue to achieve results, standardized operations and digital intelligence control have continuously optimized the economic benefits of the full link Although the market still has challenges in the short term, the characteristics of great potential and toughness of the express industry have not changed. "

"With the normalization of the epidemic prevention and control, we will continue to play the core competitive advantage while focusing on the quality and profitability of business. Our past achievements benefit from the link between the center and the center. Dial the number of dials, accelerate the end construction to reduce operating costs, increase services, and further enhance customer viscosity. We will continue to expand the leading advantages of market share and enhance the operating efficiency of the transportation platform. . "Lai Meisong further said.

In early May, Zhongtong was included in the first batch of Shanghai Post Express Industry Reinstallation Enterprise "Whitening" to promote the re -production of enterprises at the fastest speed. On June 1st, the "June 18" e -commerce promotion in 2022 officially opened. At around 19:38 in the evening, the order volume of Zhongtong Express exceeded 100 million pieces on the day, becoming the first order in the "6 · 18" single -day order Expressing companies with a amount of 100 million.

According to Yan Huiping, Zhongtong Express "will adjust the investment plan and rhythm according to demand. Next, we will continue to expand market share and improve profitability, and at the same time support and empower online partners Fundamentally guarantee our sustainable development of the entire network in the next years. "

From the perspective of operating data, as of June 30, 2022, Zhongtong has 98 sorting centers, exceeding 30,900 draws/dispatch outlets, and the number of direct online partners exceeds 5,800. For the rest, the number of self -line vehicles is about 11,000, of which over 9250 own vehicles are high -transportation models with a length of 15 to 17 meters.

The express industry is good

In fact, not only Zhongtong Express, the entire express delivery industry has shown a trend of adversity growth this year. Under the influence of many unfavorable factors, several large courier companies have given positive responses in market performance. It reflects the market demand and the growth rate of the entire postal industry from one side.

According to statistics released by the State Post Office in the first half of the year, the total business volume and income of the postal industry in the first half of this year completed 680.85 billion yuan and 654.31 billion yuan, respectively, an increase of 6.0%and 6.5%year -on -year. Among them, the courier business volume was closed for 5122 billion pieces and 498.22 billion yuan, respectively, a year -on -year increase of 3.7%and 2.9%, respectively.

According to the State Post Office, the industry has undergone the impact of the epidemic situation. The total business volume and income growth rate showed a monthly increase after the bottom of April. , Increased by 15.9 and 14.2 percentage points from April.

At present, the average daily business volume has returned to more than 300 million pieces, exceeding the same period last year.

During the Dragon Boat Festival, the courier industry took about 940 million yuan, an increase of 17%year -on -year; the "dual -product online shopping festival" and "618 shopping festival", the highest business volume of the express delivery industry exceeded 400 million pieces. Several head express companies have also released their performance reports or forecasts in the first half of the year. Among them, SF Holdings is expected to achieve net profit of 2.43 billion yuan to 2.58 billion yuan, a year -on -year increase of 220%to 240%, and non -net profit of 2.08 billion yuan From the yuan to 2.23 billion yuan, a year -on -year increase of 536%to 567%. The total revenue of Cainiao Network of Alibaba's logistics service platform Cainiao Network in the first quarter of fiscal year reached 17.292 billion yuan, and external revenue accounted for 70%. Yuantong Express achieved a total operating income of 25.138 billion yuan in the first half of this year, an increase of 28.94%year -on -year; net profit was 1.771 billion yuan, an increase of 174.24%year -on -year; the non -net profit of deduction was 1.698 billion yuan, a year -on -year increase of 185.73%.

Even the long -term downturn of Shentong Express has achieved a loss. According to the performance forecast released by it, it is expected that net profit is 170 million to 200 million yuan, an increase of 216.20%to 236.71%year -on -year.

In the first half of this year, the operating characteristics of the express market also changed some new changes. The report issued by the State Post Office showed that the growth rate of the exterior express delivery business led. In the first half of the year, the volume of express delivery business in the same city, other places, international/Hong Kong, Macao and Taiwan accounted for 12.0%, 86.3%, and 1.7%of the total express delivery business volume, of which: the cumulative number of express delivery business in different places completed 44.23 billion pieces, a year -on -year increase of 5.7%, which was compared to the overall express delivery. The growth rate is 2 percentage points. The decline in the same city and the international/Hong Kong, Macao and Taiwan has narrowed significantly, and the business volume in June decreased by 11.1%and 13.3%, respectively, narrowing 4.7 and 22 percentage points from April.

At the same time, the regional structure continues to optimize. In the first half of the year, the proportion of express delivery business volume in the East, Central and Western regions was 77.2%, 15.3%, and 7.5%, respectively. Compared with the same period of the previous year, the proportion of the east accounted for 1.4 percentage points, and the proportion of the central and western regions increased by 1.1 and 0.3, respectively. One percentage point. Guangdong's growth pole has a significant role. In June, Zhejiang's express delivery business volume rolled up, and the scale of Shanghai express business volume resumed over 70 %. The growth rate of express delivery in the central region leads to nearly 10 percentage points higher than the country.

Another feature is that the growth rate of head cities began to differentiate. In the first half of the year, the first 10 cities of the express delivery business completed a total of 22.32 billion pieces, a decrease of 0.3%year -on -year, which was 4 percentage points lower than the national growth rate. Guangzhou, Jieyang, and Shantou have grown higher than the whole country. Five cities have increased negative growth. Beijing has fallen out of the top ten for the first time, and Shanghai has fallen to 8th. Among the first 50 cities, the business volume of 17 cities has declined to varying degrees, of which 14 are eastern cities. The proportion of 31 provincial capital courier business accounted for 35%, only 34.3%, a year -on -year decrease of 1.2 percentage points.

Another important trend change is the "sinking" of the express delivery market. Especially in terms of promoting agricultural products and market docking, major express delivery companies have strengthened the penetration of the place of production. At the same time, relying on their own network and operating efficiency advantages "No one knows in the mountains" or the products that cannot be pushed to a wider market because of the difficulty preservation and transportation of goods or "shorten" the cycle of connection with the consumption level. In the first half of this year, the courier package in rural areas supported the retail sales of agricultural products exceeding 290 billion yuan, an increase of 12.4%year -on -year.

Express companies joined forces to produce place and merchants to create a series of agricultural special products that bind courier brands. Fresh products including Matsutake, Cherry, lychee, and hairy crabs are improved by improving their vivid characteristics and realizing their fresh characteristics and realizing more. Wide market coverage.

According to the State Post Office, from the perspective of industry operations in the first half of the year, "express delivery into the village" has achieved remarkable results. Pay more attention to the basic role of postal express in the rural revitalization strategy, and to introduce policy measures intensively. According to incomplete statistics, as of the end of June, 26 provinces across the country have issued opinions on the implementation of the rural delivery logistics system construction. The policy content has increased significantly, involving funds support exceeding 1.1 billion yuan. The scope of postal cooperation is promoted, and the coverage rate of villages has more than half.

Editor -in -chief: Editor Yu Yujin: Hanfeng

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