Summary of Key Points Core Viewpoint The company HanZhong Precision Machinery announced its 2024 dividend distribution plan, proposing a cash dividend of 5.8 yuan per 10 shares, totaling 310 million yuan, which represents 35.95% of its net profit. This marks the 18th cash distribution since the company's listing. Company Financial Performance - The company reported a revenue of 3.674 billion yuan for 2024, a year-on-year decrease of 4.62% - The net profit for the same period was 863 million yuan, down 0.28% - Basic earnings per share stood at 1.6132 yuan, with a weighted average return on equity of 21.8% [3] Dividend Distribution Details - The proposed cash dividend of 5.8 yuan per 10 shares results in a dividend yield of 3.03% based on the average trading price for 2024 - The total cash distribution of 310 million yuan is equivalent to 35.95% of the company's net profit [2][5] - Historical dividend distribution data shows a consistent increase in cash dividends over the years, with the previous year's distribution also being 5.8 yuan per 10 shares [2] Market Activity - The stock experienced a net outflow of 5.4944 million yuan in principal funds on the day of the announcement, with a total net outflow of 8.5837 million yuan over the past five days [4] - The latest margin financing balance for the stock is 344 million yuan, reflecting a decrease of 5.536 million yuan, or 1.58%, over the past five days [5] Industry Context - Within the machinery equipment industry, 293 companies have announced their 2024 dividend distribution plans, with China CNR leading with a total cash distribution of 6.027 billion yuan, followed by SANY Heavy Industry and Zoomlion with distributions of 3.034 billion yuan and 2.603 billion yuan, respectively [5]
汉钟精机2024年度拟派3.1亿元红包