China-trade Logistics, which focuses on Cross-border logistics, has achieved an increase in performance

Absrtact: With the slow recovery of the global economy and the slowdown of China's foreign trade, the China-trade logistics focused on Cross-border Logistics has achieved the performance growth of the big city. Engineering Logistics, warehousing and third party logistics and supply chain trade three strategic development business become the company

With the slow recovery of the global economy and the slowing of China's foreign trade growth, China-trade logistics, which focuses on Cross-border logistics, has achieved an increase in the performance of the market. Engineering Logistics, warehousing and third party logistics and supply chain trade three strategic development business has become a bright spot in the company's revenue growth.

China Trade Logistics Management said that this year the company will further explore the potential of the business, and in the promotion of investment projects on the basis of the search for appropriate mergers and acquisitions, to achieve the company's leapfrog development.

Revenue growth run to win foreign trade

According to the information previously released by the General administration of customs, China's import and export value of 25.83 trillion yuan in 2013, excluding the exchange rate factor of 7.6% year-on-year growth, and did not complete the early last year set the 8% growth targets.

In the context of the slowdown in foreign trade, the business performance of China trade logistics exceeded market expectations. The company recently disclosed the annual report shows that the operating income reached 8.533 billion yuan last year, an increase of 13.99%, at the same time as the growth rate to win the city, but also exceeded the 2012 annual report set in the 7.7 billion-yuan business objectives; Meanwhile, the company achieved net profit of 81.3153 million yuan, an increase of 6.73% The net profit growth of the deduction is 10.52%.

Lin Shixuan, chief financial officer and chief executive, said in an interview with the securities times that the increase in business from supply chain trade was the main reason for the company to achieve revenue growth. Annual report shows that last year, China Trade logistics supply chain trading business income reached 3.978 billion yuan, an increase of 48.08%, gross profit margin of 1.64%. One of the electronic products designated procurement implementation business revenue increased by 1.168 billion yuan, accounting for the business revenue increase of 90%.

It is understood that the trade in China-Trade logistics supply chain focused on the field of steel, last year began vigorously to high value-added electronic products to expand. Companies to Korea, Japan and Taiwan, some suppliers to buy flat panel display and storage products, through the final distribution of warehousing in Hong Kong to the mainland.

Ping An Securities analyst Chao that China Trade logistics engaged in the supply chain trading business is different from the traditional mode of trade, but in the procurement or sales commissioned by the customer, in their own name to buy goods, and according to customer needs to provide market information, price coordination, logistics and other services, the final sale of goods to customers or buyers. Although formally obtained through the acquisition of commodity spreads, but in fact the difference is based on the services provided by the company to collect, and trading prices in the vast majority of cases in advance with customers, suppliers agreed, the company does not bear the risk of price fluctuations. Supply chain trade lies in the cooperation with other main business services, which will help to improve the profitability of each line.

Focus on Cross-border Logistics

Cross-border logistics cover a lot of complicated links, each need to use different forms of logistics to complete, and finally to achieve "point-to-point" service between customers. Based on this, China trade logistics will be divided into international air transport, international shipping, Supply chain trade, engineering logistics, warehousing Third-party logistics of the five major sectors, is currently the most comprehensive Cross-border logistics service provider.

China Trade Logistics management, frankly, the Cross-border logistics industry, the company's operating performance will be affected by the situation of foreign trade, but China last year's total foreign trade volume reached the world's first, despite the slowdown in growth, but has formed a huge absolute scale. It will also derive huge Cross-border logistics demand. For China trade logistics, to occupy more market share, is the company's concern and must do things.

The focus of the logistics industry competition lies in the extensive network layout and the fast information processing ability. According to the introduction, China-trade logistics has been in China's major ports and domestic and foreign logistics node cities have completed a more complete service network, at the same time the investment amounted to 330 million yuan of the project at home and abroad Logistics network construction progress has been more than half. Two years into the market, the company's investment in the establishment of new outlets in 2013 to achieve the operating income has accounted for the combined revenue increase of 50%, driving business continued to grow.

China-Trade Logistics Another big investment project "Supply chain integration platform" is now part of the completion of the project, is scheduled to be formally used on July 1. The core of the new system is a large data center, the company's own division, subsidiary of the data together, online will greatly improve the processing efficiency of the company's business information.

In addition, China-trade logistics in the annual report mentioned that will be through mergers and acquisitions to achieve leapfrog development. Insiders believe that the domestic logistics industry has been facing a low concentration of the problem, the need for some enterprises to take the road of mergers and acquisitions to enhance the development level of China's logistics industry. China-Trade Logistics adhere to the Cross-border logistics as the strategic radius, while taking into account market demand, is currently actively exploring mergers and acquisitions, do not rule out mergers and acquisitions to achieve leapfrog development.

Significant business potential

Two other business of China Trade Logistics has achieved a simultaneous growth of scale and efficiency in 2013. According to the company's annual report, International engineering logistics business last year to achieve revenue of 163 million yuan, an increase of 27.98%, gross profit margin of 11.72%, warehousing third-party Logistics to achieve revenue 167 million yuan, an increase of 56.26%, gross margin of 13.85%.

In China trade Logistics five major business, the above two business gross margin ranked top two, and the revenue growth rate is ranked second and third respectively.

The International engineering logistics Business of China-trade logistics is mainly aimed at the customers in the fields of engineering construction, petrochemical industry, equipment manufacturing, water conservancy and electric power, metallurgy, high-speed railway and so on, providing the trans-boundary door to door one-stop "turnkey" integrated logistics service for overweight and super-large engineering equipment facilities. It is understood that China South car, China North car, China Petroleum, China Road and Bridge and other central enterprises are the company in the field of engineering logistics customers. Last year, in the railway sector alone, the company transported 400 freight vehicles to Australia for the southern vehicle, helping the north to send 12 electric locomotives to Belarus.

In warehousing and third-party logistics, China Trade logistics last year, the formation of 70 people's operating team, now has successfully developed Budweiser beer, Rolls-Royce, Fujian Mercedes-Benz and several well-known customers. The company said that it has seen the development potential of international engineering logistics and Warehousing third party logistics, and will further increase the investment in this area in the future.