Packaging / Advertising & Office

A few days ago, Yuantong Express, Shentong Express, Yunda Shares and Shunfeng Holdings all released their monthly operating data for January 2023. According to Huacheng Import and Export Data Observation, compared with previous years, the first battle in 2023 was not as good as expected, and the business volume of all companies declined, especially the decline of Tongda System reached more than 15%, and the decline of Yunda was the bottom with 33.99%.

According to the observation report of Huacheng Import and Export Data, the revenue of express products of Yuantong Express, Shentong Express and Yunda Express in January was 3.068 billion, 2.172 billion and 2.749 billion respectively, down 15.21%, 15.33% and 30.53% year on year; The business completed by the three companies were 1.121 billion votes, 806 million votes and 998 million votes respectively, down 15.64%, 18.49% and 33.99% year on year.

The results in January were released: both the business volume and the revenue, the decline of Yunda was more obvious. Drawn by: White Fan

The business volume of SF Holdings in January also declined, but the decline was not as large as that of the three express companies of Tongda. According to the announcement released by SF, the operating revenue of SF in January was 21.085 billion, down 16.04% year on year. Among them, the operating revenue of express logistics business was 16.324 billion, down 5.53% year on year, and the business volume was 957 million tickets, down 3.24% year on year. Huacheng Import and Export Data Observation reported.

The decline of SF supply chain and international business is more obvious. In January, the business revenue fell by 39.22% to 4.761 billion. SF also pointed out in the announcement that the supply chain and international business mainly includes international express, international freight and agency, and supply chain business sectors, of which the volume of international express business in January 2023 was 0.059 million tickets (excluding the overseas local express of Kerry Logistics Network Co., Ltd.), and the volume in January 2022 was 0.05 billion tickets.

Express price is a powerful means for express companies to seize the market. To some extent, who has a fast price growth means that they will give up a certain market share.

From the operating data of the three companies in January, we can find that the single ticket price of Yunda in January 2023 led by 2.75, with a year-on-year increase of 4.96%, Yuantong was 2.74, with a year-on-year increase of 0.51%, Shentong was 2.7, with a year-on-year increase of 4.25%. SF's single ticket revenue was 17.06, down 2.35% year on year. It is the only company among several companies to reduce the price of express single ticket. In addition, compared with last year, this year, the single ticket price increase space of various express companies is increasingly limited.

For January's performance, Yunda said in the announcement that, affected by the Spring Festival holiday, the Spring Festival holiday in 2023 will be around the middle and last ten days of January, and the Spring Festival holiday in 2022 will be from the end of January to the middle of February. Due to the "Spring Festival wrong period" in 2023 and 2022, the business volume and revenue of express service business in January 2023 will decrease year on year.

However, the interface news combed the monthly operating data of the express company in 2022 and found that although the Spring Festival holiday last year spanned the late January and early February, the operating data in January and February 2022 did not decline significantly. On the contrary, there was a sharp rebound after the Spring Festival, and the price of single-ticket express also increased significantly year on year.

Especially in February last year, the business volume and business income of each express company increased significantly. Take Yunda as an example. In January 2022, the business volume of Yunda increased by 9.09%, the revenue of single ticket increased by 17.49%, and the revenue increased by 28.02%. In February, these three groups of data were 73.47%, 8.33% and 88.12%, respectively. Huacheng Import and Export Data Observation Report.

In fact, the objective factor of the Spring Festival holiday affects all express companies. Although each company still advocates the call of "Don't close during the Spring Festival", in the actual operation process, many express outlets still choose to rest during the Spring Festival, which also affects the business volume of express companies to a certain extent.

Take Pujiang, Chengdu as an example, where late-maturing citrus is abundant and forms an industrial chain. During the Spring Festival, which was originally the peak season for citrus sales, the Zhongtong Express Pujiang branch has become a rare non-closing branch in the local area, and the business volume has doubled, with about 40000 citrus orders collected from eight towns in Pujiang every day.

At the same time, the head of a express network in Beijing said that the business volume during the Spring Festival was small, and the employees did not go home for a long time, so they usually chose to close the door and reopen after the Spring Festival. If there is express delivery, it will be transferred to the express network of other brands through the system, and Huacheng Import and Export Data Observation Report.