2018 ANNUAL RESULTS - sinotrans.com · 2019. 4. 11. · BANGLADESH 澳门 台湾TAIWAN MACAO...

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CORPORATE PRESENTATION 2018 ANNUAL RESULTS (Stock Code00598.HK, 601598.SH) MARCH, 2019

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

CORPORATE PRESENTATION

2018 ANNUAL RESULTS

(Stock Code:00598.HK, 601598.SH)

MARCH, 2019

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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

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Contents

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01

05

02

04

03

Business and Resources

2018 Financial Performances

2018 Segment Review

2018 Macro Economy and Company Highlights

Strategy and Prospects

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2018 Macro Economy and Company Highlights

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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

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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

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Dual-listed Platform

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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%

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Business and Resources

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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

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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

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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

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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+

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2018 Financial Performances

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Financial Highlights

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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)

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(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

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Core Direct Customer

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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

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2018 Segment Review

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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%

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Freight Forwarding

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(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%

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Logistics

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(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%

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Storage and Terminal Services

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(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

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Other services

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(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

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Strategy and Prospects

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One Platform

Three Business Transformation

Three Coordinated

Developments

Unified Pattern

Progress in Five Areas

Strategy and Prospects

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Strategy and Prospects

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Enforce the Business Re-modeling

Deepen the Consolidation of

Logistics Segment

Refine Corporate

Culture

Accelerate the Digitalization

through Different Work Scenario

Elevate

Operation Capability

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IR Contact

Investor Relations Department

Tel : +8610 5229 6667Email : [email protected] : www.sinotrans.com