WTJX(830839) 搜狐财经·2025-03-27 04:48Core Viewpoint - Shandong Wantong Hydraulic Co., Ltd. reported significant improvements in profitability and financial health for 2024, with a net profit of 109 million yuan, a year-on-year increase of 37.02%, and a strong cash flow from operating activities of 122 million yuan, reflecting ongoing operational quality improvements [1][2]. Financial Performance - In 2024, the company achieved a record net profit of 109 million yuan, marking a 37.02% increase compared to 2023, and has maintained high growth for three consecutive years [1]. - The net cash flow from operating activities reached 122 million yuan, representing an 84.85% year-on-year growth, indicating improved operational quality [1]. - The asset-liability ratio stood at 23.55%, showcasing a robust asset structure and excellent debt repayment capability [1]. Future Business Plans - The company plans to focus on five key areas for future operations, including enhancing existing products and exploring new fields such as electric cylinders and intelligent oil-gas suspension systems [2]. - Emphasis will be placed on innovation-driven development, increasing R&D investment, and enriching the product matrix to enhance competitiveness [2]. - Lean management will be prioritized to improve management efficiency and achieve sustainable development through cost management and resource optimization [2]. Digital Transformation - The company aims to drive innovation through digital transformation, focusing on digital manufacturing, design, and management as core areas for future growth [3]. - Key growth points for 2025 and beyond include expanding oil-gas spring products into new applications, accelerating overseas market development, and responding to the recovery in the engineering machinery sector [3]. Shareholder Returns - The company maintains a generous dividend policy, with a cash dividend distribution plan of 5 yuan per 10 shares for 2024, totaling approximately 59.11 million yuan, resulting in a cash dividend ratio of 54.36% [4][5]. - Over the past three years, the company has distributed a total of 136.15 million yuan in cash dividends, representing 162.46% of the average annual net profit attributable to shareholders [5]. - The company’s controlling shareholder has not reduced their holdings since the IPO and has no plans to do so, emphasizing a commitment to shareholder value [5].