A Shares Four Big Courier Giant ROC Show "Double Eleven" Record: SF Monthly Revenue Stable First Rhyme, More Sought After By Star Agencies

No one would slow down.

In December 19th, four A express "giant" 002352.SZ companies, 002352.SZ, 600233.SH, 002120.SZ and 002468.SZ coincidentally published their report cards in November.

This is the "two eleven" electricity supplier war ended, in which another courier company "war".

From the point of view of revenue, Shun Feng Logistics Business in November 2019 achieved a revenue of 11 billion 185 million yuan, an increase of 24.97% over the same period last year, and continued to sit on the top of the table. Rhyme reached second in the express service business of 3 billion 632 million yuan, an increase of 133.42% over the same period last year. In November, the express product revenue was 3 billion 186 million yuan, up 13.64% compared to the same period last year, while the express service revenue of Shen Tong in November was 2 billion 799 million yuan, up 38.06% over the same period.

Although the 4 indexes of the express delivery companies ranked "undercurrent", but in November this year, SF, Tantong, rhyme and Shentong jointly completed the 3 billion 610 million single list, bringing together a total of 20 billion 802 million yuan, compared to 7 billion 120 million of the total business volume of the national express delivery service business in November.

And the companies that lurk these courier companies have many star funds, such as Dacheng Fund, Huaan fund, Noah fund, Xingquan fund, rich country fund, Harvest Fund and so on. There are also investment giants such as yuan he holdings, orient Fuhai, Fosun and so on.

The express industry of "undercurrent surging"

From the point of view of the volume of business, in November, rhyme achieved 1 billion 107 million votes in business volume, 1 billion 80 million yuan in business volume and 855 million votes in Shentong, and 568 million votes in SHF, which needs to point out that the growth rate of four single month businesses is over 30%.

In addition, another key indicator is the "single ticket income": Shun Feng's express logistics single ticket revenue is the highest, reaching 19.69 yuan, a year-on-year decrease of 15.53%; the express service single ticket income of Yun Da reached 3.28 yuan, up 69.07% compared with the same period last year; the express service single ticket income of Shen Tong was 3.27 yuan, down 0.91% compared with the same period last year; the single pass ticket income of the express delivery product was the lowest, only 2.95 yuan, down 13.95% from the same period last year.

Judging from the growth rate, rhyda shares are the most brilliant, business volume and business growth (up 133.42% over the same period) are ranked number one. In addition, rhyme shares are the only companies in the four companies to achieve single ticket income growth (an increase of 69.07% over the same period).

This is mainly caused by rhyme's structural adjustment of income this year.

Rhyme shares explained in the announcement that since January 1, 2019, the company has adjusted the mode of dispatching service in the express delivery service within the whole network. After this adjustment, the delivery service provided to the franchisee increased the dispatch service. Correspondingly, its express service revenue increased the fee income item.

Societe Generale Securities analysis pointed out that "double eleven" proves that the demand for electricity providers is still strong, and the growth of the express industry is large. Although the industry still has pressure of price war, the cost advantage of head enterprises can ensure stable profitability and continue to increase its share and services. It is expected that the industry will continue to develop along the path of concentration and expansion of the leading share advantage.

A courier industry told the twenty-first Century economic news reporter, "the price difference of the head enterprise is getting closer and closer, and the future emphasis is placed on the cost control ability of every household, which is the core competitiveness".

CICC also mentioned that the competition between Alibaba and many other e-commerce platforms stimulated new traffic growth, driven the increase in online shopping penetration and the frequency of shopping growth. It is expected that the volume of express business in 2020 will grow by 20%.

Who will dominate the star institutions?

As of December 19th closing, 4 express companies, SF holdings ranked 170 billion 138 million in the total market capitalization of four, rhyme shares ranked 68 billion 815 million in total market capitalization of 68 billion 815 million yuan, the total value of STO express and 35 billion 704 million yuan and 28 billion 963 million yuan respectively.

From the market performance, rhyme shares rose this year, the cumulative increase of 30% over the beginning of this year, significantly higher than the other 3 A share express companies.

Twenty-first Century economic report combing reporters found that as of the three quarterly report in 2019, rhyme shares to 59 institutional shareholdings, become the four most popular institutions in the courier.

Among them, a total of 53 funds hold 59 million 203 thousand and 700 shares of rhyme shares, accounting for 2.66% of the total share capital, with a market value of 2 billion 36 million yuan.

Dacheng Fund (10 products), Huaan Fund (5 products), Noah Fund (5 products), Xingquan Fund (2 products), Wells Fargo fund and harvest fund hold rhyme shares.

In addition, the 100 billion market value of SF Holdings has 45 institutional shareholdings, of which 40 are fund holdings, and the total number of fund holdings is 72 million 34 thousand and 700 shares, accounting for 1.63% of the total share capital, with a market value of 2 billion 805 million yuan.

Among them, Xingquan Fund (8 products), INVESCO Fund (6 products), Minsheng silver fund (4 products), Changxin Fund (3 products), Noah fund, financing fund, Cathay Pacific Fund all hold SF holdings.

In addition, there are 7 institutional shareholdings in Hong Kong Express, all of which are fund companies, with a total stock of 1 million 572 thousand shares, accounting for 0.06% of the total share capital and holding a market capitalization of 18 million yuan.

Among them, Dacheng Fund (4 products), South Fund (3 products), Noah Fund (3 products), Huatai parei Fund (2 products), Harvest Fund, Penghua Fund and so on all hold the express delivery.

STO, which has 7 institutional shareholdings, only shares 1 funds of the harvest fund, holding its shares through its "harvest logistics industry stock A", holding 161 thousand and 600 shares of the fund, accounting for 0.01% of the total share capital, and holding a market value of 4 million yuan.

Take Shunfeng holdings as an example, as of the three quarterly report in 2019, Ningbo Shunda Fengrun investment management partnership (limited partnership) holds 286 million shares, accounting for 6.48%; Shenzhen Guangzhou Investment Co., Ltd. holds 267 million shares, accounting for 6.04%; Suzhou Industrial Park, yuan he Shun Feng equity investment enterprise (limited partnership) holds 226 million shares, accounting for 5.12%; Jijia strong wind (Shenzhen) equity investment partnership (limited partnership) holds 125 million shares, accounting for 2.83%; Suzhou Gu Yu Chuang equity investment partnership (limited partnership) holds 53 million 320 thousand shares, accounting for 1.21%.

The above parties were all the trading partners of Shin Feng holdings in 2016 when they returned to the new products of Ding Tai. After the adjustment of rights and interest rates, the issue price of the shares purchased at that time was 10.76 yuan / share.

With shcool Holdings December 19th closing price of 38.54 yuan / share rough calculation, by Shun Feng holdings executives as the main member of Ningbo Shunda Fengrun, floating surplus of nearly 8 billion yuan, yuan he Holdings Suzhou Industrial Park yuan he breeze, floating surplus is also about 6 billion 200 million yuan, CITIC Capital Holdings Limited is responsible for the management of Jia strong wind, floating surplus is also 3 billion 500 million yuan.

In addition, rhyda shares in the three quarter of 2019, the ten largest shareholders list in the end of the 84 million 810 thousand quarter of 2019, the "investment department" Ningbo recruit silver growth investment partnership (limited partnership) holding 84 million 810 thousand shares, accounting for 3.81%; Shanghai Tai Fu Xiang Chuan equity investment fund partnership (limited partnership) holding 84 million 810 thousand shares, accounting for 3.81%; "Fosun" fortune star equity investment fund partnership (limited partnership) holding 51 million 640 thousand shares, accounting for 2.32%; "Oriental Fuhai" Shenzhen Fuhai Shenzhen logistics enterprises two investment enterprises (limited partnership) holding 23 million 930 thousand shares, accounting for 1.07%; ping an assets - Industrial and Commercial Bank of China - Xin Xiang asset management products holding shares, accounting for the ratio.

Ningbo recruit silver growth and investment partnership, etc., entered the same time as the rhyme shares of 2016, when the issue price of shares was 19.79 yuan / share, with rhyme shares closing price of 30.91 yuan / share in December 19th, Ningbo recruit silver and Shanghai too rich, buoyancy can reach 943 million yuan.

(Editor: Li Xinjiang)