After the listing of the first annual report debut: business volume of 2.80 billion votes and revenue 57.483 billion yuan focus on the layout of the four major business

 Focus on the layout of the four major business - international, cold transport, heavy goods, Match with the city.

Shunfeng Holdings reorganization listed after the first annual report debut. Annual report shows that in 2016, Shunfeng Holdings to achieve net profit attributable to listed companies $ 1.48 billion, an increase of 112.51%; net profit after deducting non-recurring gains and losses amounted to 2.643 billion yuan, more than the commitment of profits (2.185 billion) 20.9%.

In 2016, Shunfeng Holdings to achieve express mail business volume of 2.80 billion votes, an increase of 31.00%, operating income of 57.483 billion yuan, an increase of 19.50%. After deducting non-recurring gains and losses attributable to shareholders of listed companies net profit of 2.643 billion yuan, continuing business grew by 62.85%.

Industry analysts said the company's high growth performance is mainly due to the industry as a whole high growth rate of business growth; while the company cost control properly, so that profit margins have increased significantly.

Diversification of business increasingly obvious direction

From the financial data analysis in the annual report, SFO's gross profit margin in 2016 was 19.69%, which was 0.73% lower than the previous year's continuing operating margin. The reason should be that the three major costs of " And transportation costs "are related to a 1% increase in revenue.

Costs, Shun Fung Holdings 2016 annual management fees accounted for continuing operating income decreased by 1.22% in 2015, sales costs accounted for continued operating income decreased by 0.53% in 2015. Or benefit from the decline in these two costs, although the gross margin declined slightly, but the ratio of non-post-net profit margin has increased by 1.2 percentage points. In the end, the net profit attributable to the parent company in the year 2016 was 7.3%, and the net profit attributable to the parent company was 4.6%.

It should be noted that the Shunfeng holding company in 2014, 2015 and 2016 annual nearly three years of the ticket revenue, Shunfeng holding courier business ticket revenue were 23.61 yuan, 23.83 yuan and 22.15 yuan, although much higher than the industry average Level, but the decline in 2016 is an indisputable fact.

In the Chinese economy began to enter the new normal, the courier industry growth slowdown is inevitable, Shunfeng Holdings is the same. However, compared with the previous, Shunfeng holding business diversification direction is more obvious, in 2016, the traditional domestic express business accounted for a further decline in the international, cold chain, warehouse, heavy goods and other emerging business income accounted for further increase, Shunfeng overall operating income of 19.31%, compared to 2015 accounted for only 14.9% of revenue, diversification is becoming increasingly evident. From the business data point of view, these emerging business is still in its infancy.

Focus on the layout of the four major business - international, cold transport, heavy goods, Match with the city.

According to the results show, SF International's network has covered South China, South Korea and the United States and other Chinese communities and businesses concentrated, such as Singapore Chinatown, South Korea and other major business outlets and customers. The next two years the scope of international business services will grow to 260 countries and regions. International business existing customers about 93,000, over one million customers up to 120. Over the past three years, the rapid growth of international business, an increase of more than 70%.

At present, Shun Feng International, including international standard fast, international specialties, international packets, bonded warehousing, overseas warehousing, transshipment and other different types and standards of import and export services.

In addition to Shun Feng Holdings, several other courier companies are also vigorously expand their international business. Last year in November, Shen Tong all leased a new Boeing 747-800 freighters from Hong Kong sailing, to the Czech Republic Prague. The current flight three times a week from Hong Kong to Prague, from China to Europe, from the front to the end of the package, the fastest 30 hours to complete the cross-border transit.

In addition to international business, the cold transport business is also an important breakthrough in Shun Feng business.

As of the end of the reporting period, Shunfeng Holding Cold Transportation Network covers 56 cities and surrounding areas, including 59 food cold storage, 71 food transport routes, 2 medical cold storage, 12 medical trunk lines, through the northeast, north, east, south and central city. Food cold storage operation area of ​​130,000 square meters, medicine cold storage and transit operation area of ​​25,000 square meters, refrigerated trucks 497 units, which by the GSP certification vehicles 227 units. The current service business covers food, pharmaceutical industry production, electricity, distribution, retail and other fields.

Cold chain transport is also the key to the upgrading of the supply side of the express delivery company. Compared with the large chain enterprises in the United States, the cold chain transportation in the mainland of China is still in the initial stage, and the expansion of the medical distribution is still subject to the cold chain. Shunfeng Holdings existing cold chain model, are "self-built a full range of cold chain" distribution, into a larger but difficult to copy, large-scale after the existing high-end business is expected to HSBC, with differentiated services.

Shunfeng Holdings since 2015 officially launched heavy cargo transport products, the main customers of clothing, electronics, hardware, furniture, equipment, auto parts and other light industry products manufacturers, brand distributors. Heavy cargo transport products help customers to provide diversified, customized heavy cargo transport services, but also help to use spare capacity resources, reduce overall operating costs.

In addition to Shun Feng Holdings, in December last year, Yuantong announced a announcement with a national top five Express logistics asset restructuring failed. Prior to the industry generally speculated that the logistics enterprises to have China's largest expressway network one of the logistics business heaven and earth Arima.

Into the heavy cargo, Express seems to be express the company to expand the industrial chain of the only way. In the pass, the world is the use of joining the model to develop; the other third tier of the courier companies such as excellent courier, speed express also do a similar business, the intention of large express business competition in the field of subdivision layout.

From the market competition pattern, with the courier companies have listed, the current courier is a case of the Red Sea, the market has become the focus of the traditional express delivery business tasks, in order to get rid of the small business rely on, are beginning to increase the Express the layout, improve the B2B ability.

about the city with business, is the first time in SF Express debut. The core of the city with the business is to build an efficient operation based on Internet scheduling capabilities, that is, information front + task scheduling + resource management of a full set of systems and models.

In May 2016, SFO launched the first Internet logistics and distribution system for target users, including order management, task management, knight APP, settlement management, etc. to achieve the whole process management system, at the same time for high-end catering, Focus on the design, development of customized products function.

At present, SF has been working with KFC, McDonald's, Burger King, Dirks, Baidu, Rainbow, China Resources Vanguard, Carrefour and other mainstream brands.

As of the end of the reporting period, the country has completed the completion of nearly 4,000 full-time distribution team. In addition, in July 2016, Baidu take-off and Shunfeng Holdings had cooperation. In the afternoon peak delivery time, Shun Fung Holdings will be responsible for some Baidu take-away orders for distribution work, such business to strengthen the SF's O2O landing effect.

February 24, Shun Fung Holdings following the tact, in the pass, Shen Tong, rhyme after the fifth landing A-share market as a courier business. Renamed by Ding Tai new material, the stock code unchanged. Announcement shows that in late January this year after the completion of the restructuring of the transaction, Shenzhen Mingde Holdings Development Co., Ltd. holds 64.58% of the shares of listed companies, and Mingde holding the actual controller Wang holding holding 99.9% stake in Mingde.

A few days before listing, Shunfeng Holdings led the express delivery station on the strongest outlet, Yuantong courier, STO, rhyme shares and other full daily limit. As of March 10 closing, Shunfeng holdings to 62.91 yuan per share to close, although the previous high price of 73.48 yuan difference of nearly 15%, but its still total market value of 263.1 billion yuan, located in the domestic express market value of the top.

March 7, 2017 Hurun Global Rich list announced. In the rich in Greater China, benefited from SF listed, 46-year-old Wang Wei Fortune reached 186 billion, ranked third in Greater China, the world's 25th. According to media reports, 186 billion wealth calculation deadline for March 2, 2017.

It is understood that Shun Fung Holdings started in Wang Wei operating between Shunde and Hong Kong, "the daily courier business." From 1993 to today, Shunfeng Holdings has gone through three stages.

The first stage is the first 20 years, the founder of Wang Wei is the only shareholder, the reform and opening up the economic boom to the express industry has brought huge dividends, rapid growth in business volume; the second phase from 2013 onwards, Shunfeng introduced several Shareholders, to the shareholding system, at this stage, Shun Feng on the return on investment and profits have the corresponding requirements; the current SF in the third stage, this stage is actually from 2016, become the public company's Shun Feng began to accept the capital market test.