2025年前三季度，依托亚洲区域内贸易活跃度以及供应链协同效应，亚洲区域集装箱货运量稳步增长， 根据集装箱贸易统计(CTS)数据显示，2025年1-8月亚洲区域内集装箱海运货运量同比增长5.5%。 智通财经APP讯，锦江航运(601083.SH)披露2025年前三季度业绩预增公告，公司预计2025年前三季度 实现归属于母公司所有者的净利润约为11.7亿元至12亿元，同比增长62.72%至66.89%。预计2025年前三 季度实现归属于母公司所有者的扣除非经常性损益的净利润约为 11.53亿元至 11.83亿元，同比增长 68.62%至73.01% ...

【锦江航运：2025年前三季度净利同比预增62.72%-66.89%】智通财经10月14日电，锦江航运 (601083.SH)公告称，锦江航运预计2025年前三季度归属于母公司所有者的净利润为11.70亿元-12.00亿 元，同比增长62.72%-66.89%。前三季度，依托亚洲区域内贸易活跃度以及供应链协同效应，亚洲区域 集装箱货运量稳步增长，根据集装箱贸易统计（CTS）数据显示，1—8月同比增长5.5%。公司传统优势 航线保持差异化竞争优势，上海日本航线、上海两岸间航线继续稳居市场占有率第一。 转自：智通财经 ...

Core Viewpoint - Jinjiang Shipping (601083) expects a net profit attributable to shareholders of approximately 1.17 billion to 1.2 billion yuan for the first three quarters, representing a year-on-year increase of 62.72% to 66.89% [1] Group 1: Financial Performance - The company anticipates a net profit of about 1.17 billion to 1.2 billion yuan for the first three quarters [1] - This reflects a significant year-on-year growth of 62.72% to 66.89% [1] Group 2: Industry Trends - The growth in container freight volume in the Asian region is attributed to active trade and supply chain synergies, with a reported year-on-year increase of 5.5% from January to August [1] - The company's traditional advantageous routes maintain a differentiated competitive edge, with the Shanghai-Japan route and the Shanghai-Taiwan route continuing to hold the largest market share [1]

格隆汇10月14日丨锦江航运(601083.SH)公布，经财务部门初步测算，预计公司2025年前三季度实现归 属于母公司所有者的净利润约为人民币117,000万元至人民币120,000万元，与上年同期相比，将增加 45,096.05万元到48,096.05万元，同比增长62.72%至66.89%。预计2025年前三季度实现归属于母公司所 有者的扣除非经常性损益的净利润约为人民币115,250万元至人民币118,250万元，与上年同期相比，将 增加46,902.42万元到49,902.42万元，同比增长68.62%至73.01%。 2025年前三季度，依托亚洲区域内贸易活跃度以及供应链协同效应，亚洲区域集装箱货运量稳步增长， 根据集装箱贸易统计（CTS）数据显示，2025年1-8月亚洲区域内集装箱海运货运量同比增长5.5%。 2025年前三季度，公司传统优势航线保持差异化竞争优势，上海日本航线、上海两岸间航线继续稳居市 场占有率第一，筑强经营业绩基本盘；公司聚焦东南亚区域航线拓展，强化区域航线联动，继续以精品 服务构建核心竞争力。报告期内，公司继续保持稳健的经营能力，经营业绩较同期预增。 ...

Core Viewpoint - The company, Jinjiang Shipping, anticipates a significant increase in net profit for the first three quarters of 2025, driven by steady growth in container freight volume in the Asian region and a focus on expanding Southeast Asian routes [1] Financial Performance - The expected net profit attributable to the parent company is projected to be between 1.17 billion to 1.2 billion yuan, representing a year-on-year growth of 62.72% to 66.89% [1] - The net profit after excluding non-recurring gains and losses is estimated to be between 1.153 billion to 1.182 billion yuan, with a year-on-year increase of 68.62% to 73.01% [1] Market Dynamics - The growth in performance is primarily attributed to the steady increase in container freight volume in the Asian region [1] - The company maintains a competitive advantage on traditional routes through differentiated strategies and is enhancing regional route connectivity [1]

Core Viewpoint - The company reported a strong performance for 2024, with revenue and net profit significantly increasing year-on-year, indicating robust operational growth despite potential industry challenges [1] Financial Performance - In 2024, the company achieved revenue of 233.859 billion yuan, a year-on-year increase of 33.3%, and a net profit attributable to shareholders of 49.1 billion yuan, up 105.78% year-on-year, resulting in earnings per share of 3.08 yuan [1] - For Q4 2024, the company recorded revenue of 59.122 billion yuan, a year-on-year increase of 44.6%, but a quarter-on-quarter decline of 19.6%. The net profit for Q4 was 10.976 billion yuan, reflecting a year-on-year increase of 513.5% and a quarter-on-quarter decrease of 48.4% [1] Operational Metrics - The company’s container freight volume improved year-on-year, reaching 25.94 million TEUs, an increase of 10.12%. The trans-Pacific route benefited from a 13% increase in cargo volume due to rising U.S. import demand, while the Asia-Europe route saw a 13.3% decrease in cargo volume due to reduced effective capacity from the Red Sea detour [1] - The average SCFI composite index for container shipping rates in 2024 was 2506 points, representing a significant year-on-year increase of 149.2% [1] Industry Trends - The container shipping industry is expected to face supply pressures, with spot rates potentially continuing to decline. The SCFI rates for European and U.S. West Coast routes have decreased by 54.2% and 41.4% respectively since the beginning of the year [2] - Supply growth is projected at 6.2% for 2025 and 3.3% for 2026, while demand growth is forecasted at 0.0% for 2025 and -4.7% for 2026, indicating ongoing supply-demand pressures [2] - The recovery of the Red Sea route and U.S. tariff policies are critical variables affecting industry supply and spot rates. The current low number of vessels transiting the Red Sea suggests a challenging recovery ahead [2] Profit Forecast and Valuation - Due to better-than-expected long-term contract signing prices, the company has raised its 2025 net profit forecast by 13.7% to 27.1 billion yuan and introduced a net profit estimate of 20.5 billion yuan for 2026 [3] - The current A-share price corresponds to 8.5 times and 11.3 times the 2025 and 2026 price-to-earnings ratios, while the H-share price corresponds to 6.8 times and 8.8 times for the same periods [3] - The target prices for A-shares and H-shares remain unchanged at 16.30 yuan and 14.50 HKD respectively, indicating potential upside of 12.5% and 18.9% from current prices [3]