Every year hundreds of millions of parcel express company carrier how to make money? With the "access system" (tact, Shen Tong, middle pass, rhyme) and SF 5 courier companies in 2016 performance letters / Notice of the gradual disclosure, the answer also surfaced.
As the "daily economic news" reporter, the data from the annual report has been disclosed, SF Holdings (002352, SZ) and Zhongtong Express (NYSE: ZTO) after deducting non recurring gains and losses and adjustment, achieved net profit of 2 billion 643 million yuan, 2 billion 165 million yuan.
Perhaps outside of the courier companies will profit at. However, according to the semi annual report, SF holdings in the first half of 2016 operating income of up to 26 billion 87 million yuan, but the gross profit margin was only 23.36%, net interest rate was only 6.66%.
If we compare a set of data, some people might express little brother for the industry concerned. Statistical data show that Chinese express are pieces of income from 27.7 yuan / 2005, 2012 fell to 18.6 yuan / piece, 2013 15.69 yuan / piece, 2014 14.65 yuan / piece, 2015 13.4 yuan / piece, decreased year by year.
But Chinese express industry revenue size and volume of business is still ranked first in the world express power "continues to rise. According to the State Post Bureau data, in 2016, China's express business volume totaled 31 billion 280 million, an increase of 51.3%, business income of nearly 400 billion yuan, an increase of 43.5%.
Behind the "scissors" continues to expand, the industry profit will inevitably be lost. Investigate its foundation, "cost rises, raise price difficult" already became current express industry irreconcilable contradiction.
Express logistics network chief adviser Xu Yong told reporters that the rise in labor costs mainly from wages, insurance commission performance, such as dimensions, the calculation of each express enterprise, manpower cost measure will vary.
Is worth mentioning is that in the near future, in the "Mastery Series of representative express pass released 2016 fourth quarter earnings, earnings per share less than market expectations. After the release of the financial report, it has aroused great concern about the cost of the agency. Central management has made a more conservative forecast for the first quarter of 2017, mainly due to an increase in the cost of fuel and transport outsourcing.
Tong said that in the electricity supplier in the peak season, a significant increase in the cost of transportation, which is the main cause of the decline in gross margin. In fact, as early as the fourth quarter of 2016, the cost of gasoline increased considerably, resulting in a substantial increase in transportation costs. At the same time, due to the shortage of third party goods on the market, it also indirectly increased transportation costs.
As "difficult to increase", more than one insiders admitted to reporters, the most fundamental reason is that the industry is still continuation of years of price war. Especially, with the homogenization of business and the capitalization of competition, the price war is always getting more and more fierce. Even after the listing, "Whoever prices who died is still unable to break the curse.
Information automation is the trend
