长久物流(603569) - 2023年11月3日投资者关系活动记录表

Financial Performance - In the first three quarters of 2023, the company achieved operating revenue of 2.858 billion CNY, with a year-on-year growth of nearly 30 times [2] - The net profit attributable to shareholders reached 89.82 million CNY, a year-on-year increase of 6.34 times [2] - The net cash flow from operating activities was 293 million CNY, growing by 4.64 times year-on-year [2] - The gross profit margin for the first three quarters was 11.15%, an increase of 3.07 percentage points year-on-year [2] - In Q3 2023, the company reported operating revenue of 970 million CNY, with a net profit of 44.79 million CNY, reflecting a year-on-year growth of 17.51% and a quarter-on-quarter increase of 39.68% [2] Company Overview - Changjiu Logistics, listed in 2016, is the first A-share listed third-party vehicle logistics company in China, focusing on comprehensive logistics solutions for the automotive industry [3] - The company operates three main business segments: complete vehicle logistics, international logistics, and new energy logistics [3] Business Segments - The complete vehicle logistics segment includes transportation and supporting services, which is the primary source of revenue [3] - The international logistics segment provides door-to-door transportation solutions, including full container and less-than-container load services, primarily for vehicles, parts, and various goods [3] - The new energy logistics segment leverages industry chain advantages to offer logistics and warehousing services, focusing on battery recycling and integrated value-added services [3] Market Insights - As of September 2023, China's automobile export volume has exceeded 400,000 units for two consecutive months, with an expected annual export volume increase from 3.4 million units last year to 4.5 million units this year [4] - The supply of roll-on/roll-off vessels is constrained, with approximately 124 ships built between 1983 and 2000 expected to be retired between 2023 and 2028, while new ship orders remain limited [4][5] Future Plans - The company plans to purchase a 7000RT vessel, "HOEGH BANGKOK," for 63 million USD, which is below the market price and is expected to serve for another 15 years [5]