Cover reporter Fu Wenchao
On May 21, Anneng Logistics, the leading enterprise of express transportation, released its performance announcement for the first quarter of 2024. As the first quarterly financial report voluntarily disclosed since the company was listed, Anneng Logistics achieved an operating revenue of 2.378 billion yuan in the first quarter, up 15.2% year on year; The total volume of less than truckload freight transport reached 2.88 million tons, up 21.7% year on year; Gross profit reached 382 million yuan, up 77.6% year on year, and gross profit rate reached 16.1%, up 5.7 percentage points year on year, hitting the best level in history; The adjusted pre tax profit was 280 million yuan, a sharp increase of 133.7% year on year; The adjusted net profit was 209 million yuan, up 173.9% year on year; The performance indicators achieved overall growth.
As the largest franchise express network in China, the biggest difficulty in promoting reform lies in whether the strategic direction is highly matched with the executive force of all levels of blood vessels. The reporter learned that at the beginning of the reform, Anneng Logistics Headquarters proposed the "five most" development goals of the best cost, the best quality, the most stable timeliness, the fastest service response, and the most dense network coverage, providing more specific goals and achievement measurement standards for the reform. The performance data of the first quarter not only confirmed the correctness of its strategic change, but also indicated that Anneng is making great strides towards the "Five Most" goal.
Referring to the future planning, Anneng Logistics said that the next step will also focus on the "five most" strategy, carry out standardization training for outlet services, continue to improve the standardization of operations, and reduce loss, damage and complaints; Actively promote the intellectualization of outlets, constantly improve the company's empowerment level of outlets, and promote high-quality growth of outlets; Excavate growth potential through continuous innovation, carry out pilot application of automated assembly line equipment, and promote new energy and intelligent driving pilot; Practice carbon neutrality, innovate pilot projects and cultivate new quality productivity of Anneng.
Industry analysts believe that, on the whole, the "good start" in the first quarter has laid the foundation for the long-term high-quality development of Anneng Logistics, and with the continuous promotion of effective changes, the continuously released performance is expected to bring a new round of growth to the company. With reference to the market value of JD Logistics and SF Express, both logistics giants, there is still huge room for improvement in the current valuation of Anneng Logistics.