2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO...
Transcript of 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO...
![Page 1: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/1.jpg)
CORPORATE PRESENTATION
2018 ANNUAL RESULTS
(Stock Code:00598.HK, 601598.SH)
MARCH, 2019
![Page 2: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/2.jpg)
1
This presentation and subsequent discussions may contain forward-looking
statements that involve risks and uncertainties. These statements are generally
indicated by the use of forward-looking terminology such as believe, expect,
anticipate, estimate, plan, project, target, may, will or may be expressed to be results
of actions that may or are expected to occur in the future. You should not place
undue reliance on these forward-looking statements, which reflect our belief only as
of the date of this presentation. These forward-looking statements are based on our
own information and on information from other sources we believe to be reliable.
Our actual results may be materially less favorable than those expressed or implied
by these forward-looking statements which could depress the market price of our
shares.
Forward-LookingStatement Disclaimer
![Page 3: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/3.jpg)
2
Contents
2
01
05
02
04
03
Business and Resources
2018 Financial Performances
2018 Segment Review
2018 Macro Economy and Company Highlights
Strategy and Prospects
![Page 4: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/4.jpg)
3
2018 Macro Economy and Company Highlights
![Page 5: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/5.jpg)
4
218237 250
3.9%
8.3%
5.2%
2016 2017 2018
711
820 818
-19.7%
15.4%
-0.3%
2016 2017 2018
Total Value of Import and ExportGDP of China
China Containerized Freight Index (CCFI)Container Throughput Growth of China
74.4182.71
90.03
6.7%
6.9%
6.6%
2016 2017 2018
YOY growth
Million TEUs
YOY growth
Point
YOY growth
Trillion RMB
Macro Economy
24.33
27.7930.51
-0.9%
14.2%
9.7%
2016 2017 2018
4
YOY growth
Trillion RMB
![Page 6: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/6.jpg)
5
Company Highlights
Make Major Advance through Integration
Accelerate Digitalization and Intelligent Logistics
Pursue Empowerment by Improving Foundational Management
Improve Quality and Efficiency to Achieve Success
Elevate Efficiency by Decoding Strategies
Achieve Breakthrough in Transformation and Restructuring
5
![Page 7: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/7.jpg)
6
Dual-listed Platform
6
On 18 January 2019, having absorbed and merged with Sinotrans Air TransportationDevelopment Co., Ltd, Sinotrans Limited (Stock Code:00598.HK, 601598.SH) has secured A-share listing status. Listed in both the A- and H-share markets, Sinotrans Limited has access tostrong capital to support future business development.
Shareholder Structure(As of March 25, 2019)
Public Shareholders(A Share) 16.13%
China Merchants Total: 56.34%
Sinotrans & CSCTotal: 34.71%
100% Holding
Public Shareholders Total: 43.66%
1.45%(H Share)
33.26%(A Share)Public Shareholders
(H Share) 27.53%A Shares71.02%H Shares
28.98%
21.63%
![Page 8: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/8.jpg)
7
Business and Resources
![Page 9: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/9.jpg)
8
Other servicesPallet leasing
Container leasing
Shipping
Trucking
Express service
Storage and terminalservices
Warehouse and yard operation
Terminal operation
LogisticsContract logistics
Project logistics
Chemical logistics
Cold-chain logistics
Freight ForwardingSea freight forwarding
Air freight forwarding
Shipping agency
Business Segments
8
![Page 10: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/10.jpg)
9
Xinjiang
Tibet
InnerMongolia
Hainan
Taiwan
Shanxi
Qinghai
Gansu
Ningxia
Hubei
HunanJiangxi
Anhui
Henan
Hebei
Fujian
HongKong
Guangdong
Zhejiang
Jiangsu
Shandong
Liaoning
Jilin
Heilongjiang
Shannxi
Sichuan
Yunnan
Guizhou
Guangxi
Chongqing
Shanghai
Tianjin
Beijing
Total land area :9.9+ million square meters
Domestic Resources
9
Land Area(10,000m2)
100 +
50 - 99
10 - 49
0 - 9
Warehouse: 6,000,000+ m2
Self-owned: 3,000,000+ m2
8 terminals of 3,900m Shoreline
![Page 11: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/11.jpg)
10
刚果 CONGO
安哥拉 ANGOLA
埃塞俄比亚 ETHIOPIA
日本 JAPAN
沙特阿拉伯SAUDI ARABIA
阿拉伯联合酋长国UAE
坦桑尼亚 TANZANIA
巴西BRAZIL
美国 USA
埃及 EGYPT
土耳其 TURKEY
德国 GERMANY
法国 FRANCE
巴基斯坦PAKISTAN
印度 INDIA
哈萨克斯坦KAZAKHSTAN 蒙古
MONGOLIA
韩国 SOUTH KOREA
缅甸 BURMA香港 HONG KONG
孟加拉国BANGLADESH
台湾 TAIWAN澳门MACAO
泰国 THAILAND
越南 VIETNAM柬埔寨 CAMBODIA
新加坡 SINGAPORE
文莱 BRUNEI
印度尼西亚INDONEISIA
马来西亚 MALAYSIA
吉布提 DJIBOUTI
澳大利亚AUSTRALIA
白俄罗斯 BELARUS
Overseas Network: Branches
新西兰NEW ZEALAND
10
巴拿马 PANAMA
菲律宾 PHILIPPINES
比利时 BELGIUM
斯里兰卡 SRI LANKA
几内亚 GUINEA
Overseas Branches: 60+
Countries & Regions: 30+
![Page 12: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/12.jpg)
11
2018 Financial Performances
![Page 13: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/13.jpg)
12
Financial Highlights
12
Revenue
(RMB million)
60,252.9
73,157.5 77,311.8
2016 2017 2018
(RMB million)
2,053.4
2,490.8 2,556.8
2016 2017 2018
Total Segment Results
19,536.8
21,430.0 23,236.4
2016 2017 2018
Net Asset Attributable to Shareholders of the Company
(RMB million)
2,253.7 2,304.2
2,704.1
2016 2017 2018
Net Profit Attributable toShareholders of the Company
(RMB million)
![Page 14: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/14.jpg)
13
(RMB)2018 2017 Change 2016
Earnings Per Share(RMB/Share)
0.45 0.38 17.36% 0.37
Weighted Average Return on Net Assets (%)
11.97% 11.22% 0.75 12.10%
Proposed Dividend(RMB/Per Share)
0.13 0.12 0.01 0.11
Statements of Financial Position
13
![Page 15: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/15.jpg)
14
Core Direct Customer
14
2018 2017
Number of Core Direct Customer 698 575
Core Direct Customer Contribution to Revenue 33% 29%
Direct Customer Contribution to Revenue 44% 40%
698
33%
44%
Core Direct Customer Contribution to Revenue
Direct Customer Contribution to Revenue
Number of Core Direct Customer
![Page 16: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/16.jpg)
15
2018 Segment Review
![Page 17: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/17.jpg)
16
Revenue(RMB million)
2018 2017 Change
Freight Forwarding 47,554 46,052 3.25%
Logistics 20,493 18,843 8.75%
Storage and Terminal Services 2,504 2,325 7.72%
Other Services 6,761 5,933 13.95%
Operating Profit(RMB million)
2018 2017 Change
Freight Forwarding 1,114 1,102 1.09%
Logistics 697 650 7.33%
Storage and Terminal Services 376 346 8.48%
Other Services 370 393 -5.83%
RevenueContribution
in 2018
SegmentResults
Contributionin 2018
43.5%
27.3%
14.7%
14.5%
Segment Revenue and Operating Profit
16
26.5%
3.2%
8.8%
61.5%
![Page 18: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/18.jpg)
17
Freight Forwarding
17
(RMB million) 2018 2017 Change
External Revenue 47,554 46,052 3.25%
Segment Results 1,114 1,102 1.09%
Volume 2018 2017 Change
Sea Freight Forwarding Containers (in ten thousand TEUs)
1,304.2 1,168.2 11.6%
Air Freight Forwarding Cargo(in million Kilograms)
530.1 533.3 -0.6%
Shipping Agency Containers (in ten thousand TEUs)
Bulk Cargo (in million tonnes)
2,654.9378.1
2,436.5338.7
9.0%11.6%
Freight Forwarding
Shipping Agency
Air Freight Forwarding
Sea Freight Forwarding
8.21%
81.77%
10.02%
8.73%
59.72%
External Revenue
Segment Results
31.55%
![Page 19: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/19.jpg)
18
Logistics
18
(RMB million) 2018 2017 Change
External Revenue 20,493 18,843 8.75%
Segment Results 697 650 7.33%
Volume 2018 2017 Change
Contract Logistics (in million tonnes) 41.7 36.6 13.9%
Project Logistics (in million tonnes) 10.3 8.2 25.6%
Chemical Logistics (in million tonnes) 3.3 2.7 22.2%
Cold Chain Logistics (in million tonnes) 1.1 1.1 0.0%
Logistics
Contract Logistics
Project Logistics
Chemical Logistics
71.55%,
21.04%
10.16%
Cold Chain Logistics
External Revenue
Segment Results
71.64%
17.73%
8.15%2.47%
2.47%
-2.76%
![Page 20: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/20.jpg)
19
Storage and Terminal Services
19
(RMB million) 2018 2017 Change
External Revenue 2,504 2,325 7.72%
Segment Results 376 346 8.48%
Volume 2018 2017 Change
Warehouse and Yard Operation Containers (in ten thousand TEUs)
Bulk Cargo
(in million tonnes)
850.2
15.8
881.5
17.3
-3.6%
-8.7%
Terminal Throughput
(in ten thousand TEUs)388.3 401.9 -3.4%
Storage and Terminal Services
Warehouse and Yard Operation
Terminal Throughput
54.35%,
45.65%
68.29%
31.71%
External Revenue
Segment Results
![Page 21: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/21.jpg)
20
Other services
20
(RMB million) 2018 2017 Change
External Revenue 6,761 5,933 13.95%
Segment Results 370 393 -5.83%
Volume 2018 2017 Change
Pallet Leasing(in ten thousands/day)
2,578.9 2,293.2 12.5%
Container Leasing(in ten thousand TEUs/day)
8.4 8.2 2.2%
Trucking Container(in ten thousand TEUs) 84.8 88.8 -4.5%
Shipping Containers(in ten thousand TEUs) 284.6 246.6 15.4%
Express ServicesDocuments and Packages(in ten thousand units)
8,982.5 6,134.4 46.4%
Other Services
Pallet Leasing
Container Leasing
Trucking Container
19.98%
1.75%
30.00%15.11%
33.16%
103.79%
10.84%-27.91%
5.15%8.13%
Shipping Containers
Express Services
External Revenue
Segment Results
![Page 22: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/22.jpg)
21
Strategy and Prospects
![Page 23: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/23.jpg)
2222
One Platform
Three Business Transformation
Three Coordinated
Developments
Unified Pattern
Progress in Five Areas
Strategy and Prospects
![Page 24: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/24.jpg)
23
Strategy and Prospects
23
Enforce the Business Re-modeling
Deepen the Consolidation of
Logistics Segment
Refine Corporate
Culture
Accelerate the Digitalization
through Different Work Scenario
Elevate
Operation Capability
![Page 25: 2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO 泰国THAILAND 柬埔寨CAMBODIA 越南VIETNAM 新加坡SINGAPORE ... Earnings Per Share](https://reader035.fdocuments.in/reader035/viewer/2022070700/612132dbe8dd91193e50c4c2/html5/thumbnails/25.jpg)
24
IR Contact
Investor Relations Department
Tel : +8610 5229 6667Email : [email protected] : www.sinotrans.com