In 2023, the express delivery industry will once again deliver a "brilliant report card", with a year-on-year increase of 19% in business volume (excluding the parcel business of the postal group).4% to 1320700 million pieces, ranking first in the world for ten consecutive years; Revenue increased by 14% year-over-year5% to 12 trillion yuan. These two figures are expected to rise to 142.5 billion pieces this year3 trillion yuan, with a growth rate of about 8%.
At present, the domestic express delivery industry has entered the era of "Seven Heroes Competing for Hegemony" (SF, Jingdong (Debang), Shentong, Zhongtong, Yuantong, Yunda, and Jitu), and the competition is becoming increasingly fierce. The following is a brief introduction to the industry pattern according to the announced results of each listed company:
From the point of view of business volume,SFBusiness volume increased by 7. year-on-year46% to 11.9 billion pieces, with a market share of 9%, a slight decline. This is mainly because on May 12 last year, SF Express launched its Fengwang business to 11The transfer of 8.3 billion yuan to J&T Express officially announced that it would give up the exploration of the franchise network, and instead focus more on the mid-to-high-end express delivery and chain business, focusing on improving product timeliness and service quality.
It is worth mentioning that Ezhou Huahu Airport has been fully put into operation, which is the first professional cargo hub airport in Asia and the fourth in the world, with a 750,000-square-meter SF transfer center, a 52-kilometer intelligent sorting line, and a processing capacity of 280,000 pieces per hour, making it the largest express sorting center in Asia. The official launch of the international express business in November last year will help SF Express gradually enhance its voice in the international market.
ShentongThe business volume reached 17.5 billion pieces, a year-on-year increase of 352%, with a market share of 133%, an increase of 1 year-on-year59 percentage points; Achieved business income of 3909.9 billion yuan, an increase of 19 percent year-on-year89%。After launching the "three-year 10 billion" production capacity improvement plan in 2022, increasing market share has become its primary goal.
Shentong ranked first in the annual growth rate of "Tongda Department" express delivery companies. The relevant person in charge said that the company attaches great importance to the improvement of business scale, and the goal is to continue to achieve a growth rate higher than the industry average, so as to gain a firm foothold in the future industry pattern.
This is due to the sustained price-for-volume strategy to maintain high growth, at the cost of a 10% year-on-year decline in a single ticket**, the largest decline. Among them, the single ticket income in August was 21 yuan is the lowest data since September 2021, and the year-on-year decline in December reached 1711%。With the intensification of competition in the industry, the "* war" may continue, which is a lot of pressure on enterprises.
After experiencing crises such as network turmoil and declining performanceYundaRetreating to third place, last year's business volume increased by 707% to 18.9 billion pieces, revenue shrank by 26% to $44.6 billion. Fortunately, in the second half of the year, Chairman Nie Tengyun said that "the integration of the whole network and coordinated development" will become the most important strategy of Yunda this year, improving customer experience and enhancing network service capabilities to meet the diversified needs of the market.
YTOWith 21.2 billion pieces, it rose to the second place, rewriting the competition pattern of the express delivery industry in the past few years, and the growth rate of business volume reached 2131%；Business revenue increased by 12 percent year-on-year97% to 5112.4 billion yuan, which also achieved the overtaking of Yunda.
At the 19th Hangzhou Asian Games held last year, as the official logistics service sponsor, YTO represented China's express delivery companies on the Asian Games stage for the first time, and more than 200 YTO Asian Games new energy trucks were on standby throughout the day, with about 870 transportation tasks traveling 74,000 kilometers, successfully completing the event support task.
Since 2016,ZhongtongRanked first in the industry for 8 consecutive years, with a business volume of 30.2 billion pieces last year, a year-on-year increase of 2377%。According to public information, Zhongtong is the first in the industry to open an inter-provincial network shuttle, implement and improve the paid delivery mechanism, optimize the secondary transfer fee settlement system, and launch a national network joint-stock system.
Chairman Lai Meisong said: "Zhongtong has five advantages: scale, cost, foundation, brand and network. Up to now, there are 31,000+ service outlets, 98 transit centers, and 1 self-owned trunk transport vehicle10,000 vehicles (of which more than 9,700 are high-capacity dump trailers), the network reaches more than 99% of the districts and counties, and the township coverage rate exceeds 94%. Next, Zhongtong should do a good job in the main business of express delivery, expand the ecology, and build three growth curves of channels.