is approaching "Double Eleven", and the e-commerce express delivery boom has revived, which is expected to drive the recovery of demand for the upstream industrial chain.
This year's express business peak season is coming. On October 26, the media learned from China Express Association that the peak of this express delivery will start in early November and end on the eve of the 2023 Spring Festival, a total of 82 days.
At the same time, public information shows that in the third quarter of 2022, the recruitment demand for express sorters ranked ninth on the 58.com and Ganji platforms, an increase of 69.27% year-on-year.
"Recently, the order volume of outlets has been rebounding, and the efficiency of express delivery has also improved. We are considering recruiting more employees to cope with the upcoming peak season." Recently, the head of a brand express outlet in Shanghai told the media.
Is the express delivery industry recovering?
Since the second half of this year, the trend of accelerated recovery in the express delivery industry has become more obvious. The express industry operation data released by of the State Post Bureau shows that my country's express service companies completed a business volume of 9.43 billion pieces in August, and increased by 4.9% year-on-year.
In addition, from the overall perspective of the industry, the performance recovery of the express delivery industry has continued to deepen since this year.
In the first three quarters of this year, YTO Express 's operating income, net profit attributable to shareholders was 38.825 billion yuan and 2.771 billion yuan, a year-on-year increase of 27.12% and 190.47% respectively; SF Holding is expected to make a profit of 4.42 billion yuan to 4.57 billion yuan, a year-on-year increase of 146% to 154%.
Take YTO as an example. The third quarter report of 2022 disclosed by YTO Express on the evening of October 14 showed that in the first three quarters of this year, the company achieved operating income of 38.825 billion yuan, a year-on-year increase of 27.12%, and achieved a net profit attributable to shareholders of listed companies of 2.771 billion yuan, a year-on-year increase of 190.47%.
Yutong Express stated in the announcement that the revenue growth is mainly caused by the increase in business volume and the increase in single ticket revenue of express delivery products, and the growth in net profit is mainly caused by the increase in business volume and the improvement of product pricing capabilities, and coupled with the improvement of the operating environment.
In addition, judging from the recent express delivery business operation data released by listed companies in the express delivery industry, the revenue and ticket prices of many express delivery companies have achieved rapid growth of more than 20% year-on-year.
Among them, SF Holdings's fast logistics business revenue was the highest, reaching 14.7 billion yuan; in comparison, although Shentong Express had a revenue of only 2.962 billion yuan, it had the highest year-on-year increase, reaching 66.36%.
Is the express delivery industry really warm?
I think that the repair of the express delivery industry cannot just wait for the increase in e-commerce orders, but it needs to become a "ittingling" for consumers in subdivided vertical fields such as urban distribution and cold chain fresh food.
Only by opening up new express delivery services can the plate be expanded again.
For this reason, some express delivery companies have begun to explore new businesses.
In addition to promoting business diversification, express delivery companies are also actively breaking through to overseas markets in order to gain a larger user market.
Recently, Jitu International, an international logistics brand under J&T Jitu Express Group, officially launched "Jitu Wangbao", which mainly provides cross-border light small delivery services for customers sent to Europe and the United States in China, focusing on solving the core pain points of cross-border logistics.
At the same time, the labor-intensive express delivery industry, the previous excessively fierce price war did open up the market, but it also made the merchants and consumers tactfully.
small-scale price increase irreversible current consumer tastes. Only by combining unmanned delivery, big data, artificial intelligence , can we find more compression space for reducing costs and increasing efficiency.
Author Zhang Shule, columnist of People's Daily and People's Posts and Telecommunications, expert of China Economic Media Think Tank, senior TMT industry commentator
