神火股份拟最高4.5亿回购提信心 三年分红超58亿负债率七连降

Group 1 - The core point of the article is that Shenhuo Co., Ltd. has announced a share buyback plan to enhance shareholder value and confidence, despite facing declining profits due to market conditions [1][2] - The company plans to repurchase shares worth between 250 million and 450 million yuan at a price not exceeding 20 yuan per share, aimed at implementing an equity incentive plan [2] - Shenhuo's financial health is stable, with a decreasing debt-to-asset ratio, which has dropped to 48.57% by the end of 2024, and a consistent reduction in financial expenses [1][5] Group 2 - In 2023, Shenhuo reported a revenue of 37.63 billion yuan, a decrease of 11.89% year-on-year, and a net profit of 5.905 billion yuan, down 22.07% [4] - The company has maintained a commitment to shareholder returns, with a total dividend payout of 5.848 billion yuan over three years from 2022 to 2024 [5] - Despite the current performance challenges, market analysts believe that the company's earnings may recover by 2025 due to a potential decline in alumina prices, which could improve electrolytic aluminum profitability [4]