Foran Energy(SZ:002911) Quan Jing Wang·2026-01-20 00:09Core Viewpoint - 佛燃能源 has achieved record-high operating results for the fiscal year 2025, with total revenue reaching 33.754 billion yuan, a year-on-year increase of 6.85% [1] - The net profit attributable to shareholders has surpassed 1 billion yuan for the first time, reaching 1.001 billion yuan, with a growth rate of 17.26% [1] Financial Performance - Total revenue for 2025 is 33.754 billion yuan, up 6.85% year-on-year [1] - Net profit attributable to shareholders is 1.001 billion yuan, reflecting a 17.26% increase [1] - The net profit after deducting non-recurring gains and losses grew by 18.52% [1] - Basic earnings per share increased to 0.69 yuan, a rise of 13.11% [1] - Net asset value per share rose to 7.12 yuan, a growth of 5.64% from the beginning of the period [1] Shareholder Returns - Total cash dividends for 2025 reached 623 million yuan, significantly above the industry average [1] - A special dividend of 2.5 yuan per 10 shares was distributed in the first three quarters of 2025, totaling approximately 324 million yuan [1] - The company plans to distribute an additional 2.3 yuan per 10 shares in the 2024 annual profit distribution, expected to total around 298 million yuan [1][2] - Since its IPO in 2017, the company has distributed over 3.4 billion yuan in cash dividends, exceeding the IPO fundraising scale [2] - The company commits to a cash dividend of no less than 65% of the current year's net profit attributable to shareholders for the next three years (2025-2027) [2] Strategic Direction - 佛燃能源 is focusing on the "energy + technology + supply chain" strategy, actively advancing in clean energy sectors such as hydrogen, thermal energy, photovoltaics, and energy storage [2] - The company is increasing investment in technology research and equipment manufacturing, expanding supply chain business and related services [2] - The management's strategic vision and execution have successfully opened new growth points in energy and chemicals while maintaining stable operations in traditional energy [2] - The company is expected to leverage its diversified industry layout and technological accumulation to create long-term value in the comprehensive energy service sector amid the ongoing "dual carbon" goals and accelerated energy structure transformation [2]