皖天然气2025半年度分配预案:拟10派0.5元

Summary of Key Points Core Viewpoint - On August 27, 2025, Wan Gas announced a semi-annual distribution plan, proposing a cash dividend of 0.5 yuan per 10 shares (including tax), with a total cash payout of 24.51 million yuan, representing 13.25% of the company's net profit, marking the 10th cumulative cash distribution since its listing [1][2]. Company Financial Performance - For the first half of 2025, Wan Gas reported operating revenue of 2.674 billion yuan, a year-on-year decrease of 8.49% - The net profit for the same period was 185 million yuan, down 2.60% year-on-year - Basic earnings per share were 0.38 yuan, with a weighted average return on equity of 5.57% [1]. Dividend Distribution History - The company has a history of dividend distributions since its listing, with the following key data: - 2025.06.30: 0.25 billion yuan, 0.59% dividend yield - 2024.12.31: 1.72 billion yuan, 4.02% dividend yield - 2023.12.31: 1.67 billion yuan, 4.10% dividend yield - 2022.12.31: 0.96 billion yuan, 2.33% dividend yield - 2021.12.31: 0.64 billion yuan, 1.79% dividend yield - 2020.12.31: 0.64 billion yuan, 1.71% dividend yield - 2019.12.31: 0.71 billion yuan, 1.84% dividend yield - 2018.12.31: 0.54 billion yuan, 1.28% dividend yield - 2017.12.31: 0.40 billion yuan, 0.64% dividend yield - 2016.12.31: 0.10 billion yuan [1]. Industry Context - In the public utility sector, 15 companies announced their semi-annual distribution plans for 2025, with the highest cash payout being 1.784 billion yuan from Guodian Power, followed by Longyuan Power and Guiquan Power with payouts of 0.836 billion yuan and 0.394 billion yuan respectively [2][3]. - Wan Gas's cash payout of 24.51 million yuan ranks it among the lower distributions in the industry, with a dividend yield of 0.59% [3].