On April 2, Zhongchuang logistics (603967) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 5153894160.89 yuan, up 14.19% year on year; the net profit attributable to shareholders of listed companies was 176270450.15 yuan, down 11.18% year on year.
During the reporting period, the net cash flow from operating activities was 184385052.81 yuan, and the net assets attributable to shareholders of listed companies were 19776796774.46 yuan by the end of 2020.
In 2020, the freight forwarding business volume was 1.3514 million TEU, with a year-on-year increase of 10.38%; the revenue was 3.636 billion yuan, with a year-on-year increase of 20.19%. In 2020, the company will overcome the adverse effects of the epidemic, actively expand its business scale, and the business volume will increase significantly. At the same time, affected by the rising freight rates in the shipping market in the second half of the year, the company’s freight forwarding revenue will grow.
During the period, the financial expenses were 8208760.53 yuan, compared with -4094300.57 yuan in the same period of last year, with a year-on-year increase of 12.3031 million yuan, mainly due to the increase of exchange loss caused by the fluctuation of US dollar exchange rate against RMB in the reporting period. During the period, the investment income was 25639392.43 yuan, down from 36314328.93 yuan in the same period of last year.
According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 7.8346 million yuan. Li Songqing, chairman of the board of directors and member of the Executive Committee of the board of directors, received 1.33 million yuan of pre tax remuneration from the company, Ge Yanhua, director and member of the Executive Committee of the board of directors, received 1.33 million yuan of pre tax remuneration from the company, and Chu Xuri, chief financial officer and Secretary of the board of directors, received 500000 yuan of pre tax remuneration from the company.
According to the disclosure of the announcement, the profit distribution plan or the plan for converting the accumulation fund into share capital in the report period reviewed by the board of directors: the company will distribute cash dividends of 3.75 yuan (tax included) to all shareholders for every 10 shares based on the total share capital of 266.6667 million shares as of December 31, 2020. A total of RMB 100000012.50 (tax included) cash dividends were distributed, no bonus shares were given, no capital accumulation fund was converted into share capital, and the remaining undistributed profits were carried forward for future annual distribution.
According to the data of digbei.com, Zhongchuang logistics is mainly engaged in comprehensive modern logistics business, providing one-stop cross-border comprehensive logistics services for participants in import and export trade based on domestic coastal port container and dry bulk cargo trade.