SANQI HUYU(SZ:002555) Zheng Quan Ri Bao Zhi Sheng·2025-05-13 11:11Core Viewpoint - The company, Sanqi Interactive Entertainment, announced a cash dividend distribution plan for Q1 2025, reflecting strong financial resilience despite a year-on-year decline in net profit [1][2]. Group 1: Dividend Distribution - Sanqi Interactive plans to distribute a cash dividend of 2.10 yuan per 10 shares, totaling approximately 462 million yuan [1]. - The company's net profit for Q1 2025 decreased by 10.87% to 549 million yuan, yet it maintains a high dividend payout ratio of 84.15% of the net profit [1]. - The total undistributed profits as of March 31, 2025, amount to 8.428 billion yuan, ensuring sufficient funds for ongoing dividends [1]. Group 2: Historical Dividend Trends - The company has shown a consistent increase in cash dividends over the years, with a total cash dividend of about 2.2 billion yuan in 2024, a 22% increase from 2023 [2]. - The dividend policy has evolved to feature higher payout ratios and increased frequency, transitioning from biannual to quarterly dividends [2]. - The investment community views the "high ratio + high frequency" dividend model as a means to enhance shareholder returns and market confidence, especially in a competitive gaming industry [2]. Group 3: Business Expansion - Sanqi Interactive has launched successful new games, such as "Time Explosion," which quickly reached the fourth position in the WeChat mini-game sales chart, and "Heroes Never Flash," which topped the iOS sales chart [3]. - The company's ongoing efforts in product innovation and market expansion are expected to create additional value for shareholders while facilitating further growth [3].