首页 News 正文

Man Bang Group achieved a record high net profit in 2023 and achieved profitability for two consecutive fiscal years

多德德多w
1335 0 0

On March 7th, the digital freight platform YMM. US released its fourth quarter and full year performance reports for the year ended December 31, 2023, ahead of the US stock market.
In the fourth quarter of 2023, Manbang achieved a revenue of 2.41 billion yuan (RMB, the same below), a year-on-year increase of 25.3%, and a net profit of 730 million yuan (64.4%) under non US accounting standards.
For the entire year of 2023, both Manbang's operating revenue and net profit under non US accounting standards reached historic highs. During the reporting period, the operating revenue was 8.44 billion yuan, a year-on-year increase of 25.3%. The net profit under non US accounting standards was approximately 2.8 billion yuan, a year-on-year increase of 100.4%, doubling from last year's level and significantly improving profitability.
According to the financial report, Manbang achieved a net profit of 410 million yuan for the same period in 2022, marking the first full year profit since its listing in 2021. By the end of fiscal year 2023, Manbang has achieved profitability for two consecutive full fiscal years.
Man Bang held a performance conference call before the market, and the management revealed that multiple operational data of the platform reached new highs in the fourth quarter of 2023.
In terms of user data, the monthly active number of shippers reached 2.24 million, a year-on-year increase of nearly 19%, reaching a historic high. Among them, the number of direct customers and shippers continued to grow, with the increase mainly coming from low-frequency direct customers or non member shippers. The number of active drivers in the past 12 months has reached 3.88 million. The scale of users on both ends of the company and goods continues to expand.
Looking further at the shipowner side, as the platform's penetration rate of high-quality direct customer shippers increases, the shipowner user structure continues to optimize, driving the fulfillment rate to continuously increase. In the fourth quarter, the proportion of fulfilled orders from direct customers and shippers exceeded 45% for the first time, setting a new historical high.
In terms of performance data, in the fourth quarter of 2023, the number of fulfilled orders reached 45.8 million, a year-on-year increase of over 40%, and the performance rate reached a historic high of 32%. In 2023, the total number of fulfilled orders reached 160 million, a year-on-year increase of 33.4%.
The continuous growth of user scale and order quantity reflects strong user demand, which is highly consistent with the trend of small and medium-sized enterprises increasingly seeking more efficient and cost-effective online logistics solutions.
The management of Manbang stated that the platform operation data confirms the overall trend of China's highway logistics shifting from traditional inefficient offline models to cost-effective online models. In 2023, while complying with the trend of improving efficiency and reducing costs in the freight industry, the platform will continue to promote the online, digital, and intelligent development of the highway freight industry. At the same time, it will gain insight into the urgent needs of millions of small and medium-sized enterprises in China for high-quality, high flexibility, cost friendly, and comprehensive service supply of transportation capacity. It will focus on building a one-stop logistics platform, and better empower small and medium-sized enterprise users with digital technology by polishing product functions and improving operational efficiency, Effectively reducing the cost burden of its logistics process, thereby bringing better profits to its commercial flow.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

  •   知名做空机构香橼研究(Citron Research)周四(11月21日)在社交媒体平台X上发布消息称,该公司已决定做空“比特币大户”微策略(Microstrategy)这家公司,并认为该公司已经将自己变身成为一家比特币投资基金 ...
    caffycat
    昨天 11:18
    支持
    反对
    回复
    收藏
  •   每经AI快讯,11月20日,文远知行宣布旗下自动驾驶环卫车S6与无人扫路机S1分别在新加坡滨海湾海岸大道与滨海艺术中心正式投入运营。据介绍,这是新加坡首个商业化运营的自动驾驶环卫项目。 ...
    star8699
    3 天前
    支持
    反对
    回复
    收藏
  •   上证报中国证券网讯(记者王子霖)11月20日,斗鱼发布2024年第三季度未经审计的财务报告。本季度斗鱼依托丰富的游戏内容生态,充分发挥主播资源和新业务潜力,持续为用户提供高质量的直播内容及游戏服务,进一步 ...
    goodfriendboy
    3 天前
    支持
    反对
    回复
    收藏
  •   人民网北京11月22日电 (记者栗翘楚、任妍)2024广州车展,在新能源汽车占据“半壁江山”的同时,正加速向智能网联新能源汽车全面过渡,随着“端到端”成为新宠,智能驾驶解决方案成为本届广州车展各大车企竞 ...
    3233340
    昨天 17:06
    支持
    反对
    回复
    收藏
多德德多w 新手上路
  • 粉丝

    0

  • 关注

    0

  • 主题

    3