Zhonggu Logistics(603565) 每日经济新闻·2025-03-31 14:44Core Viewpoint - In 2024, Zhonggu Logistics reported a decline in revenue and transportation volume, primarily due to lower domestic shipping rates and container volumes, while managing to increase net profit through cost control measures [1][2]. Group 1: Financial Performance - In 2024, Zhonggu Logistics achieved an operating revenue of 11.258 billion yuan, a year-on-year decrease of 9.49% [1] - The company reported a net profit attributable to shareholders of 1.835 billion yuan, an increase of 6.88% compared to the previous year [2] - The net cash flow from operating activities decreased by 8.80% due to a 24% drop in transportation volume, totaling 11.29 million TEU [2] Group 2: Market Conditions - The average domestic container shipping market price in 2024 was 1101.42 points, the lowest since 2016, influenced by a prolonged low price period in the first half of 2023 [1] - The industry average price index for the first half of 2024 fell by 21% compared to the same period last year [1] Group 3: Operational Strategies - Zhonggu Logistics implemented cost-reduction measures, including optimizing fuel consumption and controlling fuel costs through its subsidiary [2] - The company increased its capacity allocation to the foreign trade market, resulting in a 41.36% increase in overseas revenue [2] - The company’s self-owned capacity ratio reached 72.71% in 2024, supported by the launch of 18 new container ships [3] Group 4: Future Outlook - The company anticipates a long-term demand for bulk commodity transportation in the domestic market, driven by stricter carbon emission regulations and the trend of "bulk to container" [3] - The signing of the RCEP agreement and the introduction of multi-modal transport policies are expected to align supply and demand in the industry [3]