Nanhua Futures(SH:603093) Qi Huo Ri Bao Wang·2025-04-15 07:16Company Performance - In 2024, the company achieved a revenue of 5.712 billion yuan, showing a slight year-on-year decline [2] - The net profit attributable to shareholders increased by 13.96% year-on-year, reaching 458 million yuan [2] - Basic earnings per share for 2024 were 0.75 yuan, up 13.64% compared to the previous year [2] - The weighted average return on equity was 11.71%, an increase of 0.25 percentage points from 2023 and a significant rise of 3.96 percentage points from 2022, marking the best level in nearly a decade [2] Cost Management - The company demonstrated significant cost reduction, with operating costs decreasing by 9.83% year-on-year [3] Industry Environment - The overall environment for the futures industry in 2024 was challenging, with the cumulative trading volume in the national futures market declining by 9.08% year-on-year [3] - Increased competition in the futures brokerage business and a continuous decline in domestic interest rates have put considerable operational pressure on futures firms [3] - The strong regulatory environment has further deepened its impact on the industry [3] Shareholder Returns - The company announced a cash dividend of 0.076 yuan per share (tax included), totaling 45.9332 million yuan, which is a 14% increase compared to 2023 [3] - This dividend represents the largest cash distribution since the company went public [3] - The company has also been actively repurchasing shares, having bought back 5.68 million shares, accounting for 0.93% of the total share capital, with a total expenditure of 50.0888 million yuan (excluding transaction fees) [3]