Investment Rating - The investment rating for the company is "Buy" (Maintain) [2] Core Insights - The company reported a stable revenue growth with a proposed cash dividend of RMB 0.4747 per share, totaling approximately RMB 2.05 billion, resulting in a dividend payout ratio of 100% [7] - The company’s revenue for 2025 was RMB 31.71 billion, a year-on-year increase of 4.6%, while the net profit attributable to shareholders was RMB 2.05 billion, up 10.9% year-on-year [7] - The company is expected to achieve net profits of RMB 2.21 billion, RMB 2.31 billion, and RMB 2.47 billion for the years 2026, 2027, and 2028, respectively, with growth rates of 7.6%, 4.7%, and 7.0% [7] Financial Data and Profit Forecast - Revenue projections for the company are as follows: - 2024: RMB 30.33 billion - 2025: RMB 31.71 billion - 2026E: RMB 33.22 billion - 2027E: RMB 34.61 billion - 2028E: RMB 36.03 billion - The net profit attributable to ordinary shareholders is projected as follows: - 2024: RMB 1.85 billion - 2025: RMB 2.05 billion - 2026E: RMB 2.21 billion - 2027E: RMB 2.31 billion - 2028E: RMB 2.47 billion - The company’s return on equity (ROE) is expected to improve from 13.80% in 2024 to 17.62% in 2028 [6][8]
统一企业中国（00220）：营收稳定增长，分红优势仍足：统一企业中国（00220）：