韵达股份(002120) - 2024年10月29日投资者关系活动记录表

Business Performance - In the first three quarters of 2024, the company completed a total express delivery volume of 16.943 billion pieces, representing a year-on-year growth of 27.71% [2] - The total operating revenue for the same period reached 35.509 billion yuan, with a year-on-year increase of 8.14% [2] - The net profit attributable to shareholders was 1.408 billion yuan, up 20.93% year-on-year; the net profit after deducting non-recurring gains and losses was 1.172 billion yuan, reflecting a growth of 20.86% [2] - In Q3 2024, the net profit attributable to shareholders was 367 million yuan, a year-on-year increase of 24.25% [2] Cash Flow and Expenses - The net cash flow from operating activities for the first three quarters was 3.213 billion yuan, showing a significant year-on-year increase of 111.6% [2] - Total expenses for the first three quarters amounted to 1.537 billion yuan, a decrease of 271 million yuan, or 14.99% year-on-year [2] - The asset-liability ratio as of September 30, 2024, was 48.02%, down 2.73 percentage points year-on-year [2] Cost Management - The company has maintained a downward trend in core operating costs and expenses, with expectations for further reductions due to improved digital management and operational efficiency [3][4] - The company anticipates continued cost reductions through various measures, including optimizing resource allocation and focusing on core express delivery operations [5] Market Outlook - The peak season for express delivery began on October 21, 2023, with a projected strong performance leading up to the 2025 Spring Festival [4] - The express delivery industry recorded a single-day collection of 729 million packages on October 22, 2023, marking a year-on-year growth of 74.0% [4] - The company expects the express delivery market to maintain double-digit growth in 2025, driven by strong consumer demand and the expansion of e-commerce [6] Strategic Initiatives - The company is focusing on enhancing digital capabilities and service quality, implementing a comprehensive digital strategy to improve operational efficiency and service standards [5][6] - Future capital expenditures will be directed towards resource maintenance and technological upgrades, ensuring stable capital spending while meeting business growth needs [5][6]