SINOSTEEL ENTEC(000928) 证券时报网· Zheng Quan Shi Bao Wang·2025-05-08 03:17Core Viewpoint - The company reported steady growth in 2024 with a revenue of 17.647 billion yuan and a net profit of 0.835 billion yuan, indicating a positive trend in operational resilience and quality improvement [1][2]. Group 1: Financial Performance - In 2024, the company achieved a revenue of 17.647 billion yuan, with a year-on-year growth of 9.69% in net profit, reaching 0.835 billion yuan [1]. - The net cash flow from operating activities was 1.504 billion yuan, reflecting a 9.95% increase year-on-year [1]. - For Q1 2025, the net profit attributable to shareholders was 0.232 billion yuan, showing a year-on-year growth of 7.78%, with a significant improvement in cash flow from operating activities, up by 41.4% [1]. Group 2: Business Strategy and Market Position - The company experienced a revenue decline in 2024 due to the absence of project settlement and industry cycle benefits from 2023, alongside a proactive optimization of business structure [2]. - The company plans to enhance its accounts receivable management and maintain a steady development trajectory by reducing the proportion of accounts receivable [2]. - The company is focusing on green low-carbon transformation and international development, achieving significant results in overseas market expansion, particularly in the "Belt and Road" initiative [2]. Group 3: Shareholder Returns - The company has emphasized shareholder returns, with a cumulative dividend payout of 2.258 billion yuan since its listing [3]. - For the 2024 fiscal year, the company plans to distribute a cash dividend of 2.99 yuan per 10 shares, totaling 0.429 billion yuan, which represents 51.36% of the distributable profit [3].