Logistics operation data released in the first five months, key logistics enterprise revenue and other indicators are steadily recovering demand | Logistics | Enterprises
The China Federation of Logistics and Purchasing released logistics operation data for the period of January to May this year today. Data shows that from January to May, the total amount of social logistics in China was 129.9 trillion yuan, a year-on-year increase of 4.5%, a slight increase of 0.1 percentage points from January to April.
The application of digital and intelligent technologies has helped logistics enterprises reduce costs and increase efficiency. In addition, with the active implementation of policies to help enterprises overcome difficulties, logistics enterprises have maintained a relatively fast growth in business revenue and profitability, especially in key enterprise operations, which have maintained the previous recovery trend in response to unfavorable factors such as weak demand and falling service prices.
![Logistics operation data released in the first five months, key logistics enterprise revenue and other indicators are steadily recovering demand | Logistics | Enterprises](https://a5qu.com/upload/images/087daa6a3ced8bdcee6da9b6c991aa89.jpg)
According to enterprise survey data, from January to May, the logistics revenue and total profit of key enterprises increased by 10.5% and 9% year-on-year, respectively, and have maintained rapid recovery growth since the beginning of this year. The revenue profit margin increased by 0.3 percentage points compared to January April, indicating that the profitability of key enterprises has gradually returned to a relatively normal level.
Experts say that since the beginning of this year, the effects of policies such as tax reduction and fee reduction, as well as assisting enterprises in overcoming difficulties, have been continuously evident. While boosting logistics demand, they have also improved the business environment for logistics enterprises.
![Logistics operation data released in the first five months, key logistics enterprise revenue and other indicators are steadily recovering demand | Logistics | Enterprises](https://a5qu.com/upload/images/e35881090447fef5af78806f77b825dc.jpg)
From the survey data of key enterprises, it can be seen that the capital turnover of key logistics enterprises has accelerated, and the average collection period of accounts receivable of key logistics enterprises decreased by 4 days year-on-year at the end of May; The cost per 100 yuan of operating revenue for key logistics enterprises from January to May was 95.0 yuan, with a slight decrease in cost levels compared to January to April. The National Development and Reform Commission and other departments have recently jointly issued a notice on the key work of cost reduction in 2023. The precision and pertinence of tax and fee preferential policies will be further enhanced, and the logistics operating environment is expected to be further improved.
Experts believe that overall, the problem of insufficient demand for logistics operation still exists, small and micro logistics enterprises still face many operational difficulties, logistics service transformation and industrial integration and collaboration are still in a period of adjustment, and industrial upgrading and enterprise adjustment and transformation still need time. But it should also be noted that China's logistics enterprises have strong resilience and their ability to adapt to changes in demand is gradually improving.
![Logistics operation data released in the first five months, key logistics enterprise revenue and other indicators are steadily recovering demand | Logistics | Enterprises](https://a5qu.com/upload/images/411ca8b0856d8107bba5ffcea65c0f4a.jpg)
Cai Jin, Vice President of the China Federation of Logistics and Purchasing: Especially with the continuous release of demand, the recovery and growth of the national economy in the second half of the year will further accelerate, which will promote the overall operation of logistics to further improve.