Logistics Industry: Good Policy Is Expected To Promote Growth In Performance

Domestic logistics enterprises are professional and general. We will divide local logistics companies into professional logistics enterprises and general logistics enterprises. General logistics enterprises usually have large assets and network scale and provide general logistics services; professional service oriented logistics enterprises have professional services, and generally provide only one or a few kinds of comprehensive logistics services.

The general logistics will emerge as the logistics giant in the merger and acquisition: the four giants of logistics and express abroad are all multinational companies engaged in general logistics. We believe that the red chip state-owned enterprises in local companies have the opportunity to serve as an integrated platform, and they can develop their business models to the comprehensive logistics services such as supply chain management and enhance their profitability. At the same time, concerned about good quality and profitable general private logistics companies, such as Shun Feng express, it is also expected to grow into a logistics giant.

Specialized logistics will benefit from the specialization and specialization of logistics activities and the third party logistics. market demand Expansion: the third party logistics market in China has huge potential, and there is at least around 300 billion yuan for the development of the third party logistics market in China. The third party professional logistics can be broadly divided into the following categories: fast selling goods logistics, IT logistics, automobile logistics, petrochemical logistics, cold chain logistics. Every sub market in China has the opportunity to emerge professional logistics leaders in the future.

It is estimated that the performance of the logistics sector in 2011 will rise by 47% over the same period last year. Oil prices in the first half of this year. Manpower cost Under the situation of rising and tight cash flow, the general logistics companies with low entry barriers and low gross profit margins are squeezed by costs, and the profit situation is poor. Professional logistics companies have relatively high barriers to entry because of higher barriers to entry, higher gross margins and lower cost pressures.

Logistics investment strategy: under the premise of maintaining a high level of CPI and tightening monetary policy, we should lower our investment strategy. Logistics cost It is imperative that the financial policy of the logistics industry be launched. We recommend large logistics stocks with large networks, relatively low valuations, steady earnings growth, state-owned enterprises with red chips in the business mode, optimistic about building shares (600153 shares), sinochu shares (600787 shares), Sinotrans development (600270, shares). For professional logistics, it is recommended to pay attention to the professional logistics companies with performance guaranteed and cross industry expansion advantages. They should be optimistic about flying (300240, stock bar), bonded technology (600794, stock bar) and Australia ocean Shunchang (002245, stock bar).

In the second half of the year, the policy of spring breeze and logistics, and the four types of logistics companies that are expected to benefit from the favorable logistics policies are: the supply chain management companies that benefit the difference of business tax, the warehouses and freight forwarding companies that are benefited from lower business tax rates, the large network logistics companies that integrate the beneficial logistics industry acquisitions, and the cold chain logistics companies that benefit from the development of agricultural products logistics.