NYOCOR Co.,Ltd.(600821)2024-11-27 07:36Group 1: Company Strategies and Market Position - The company has established a comprehensive trading system covering "forecasting, strategy, trading, marketing, and risk control" to address risks from declining electricity prices and power generation [1] - Over one-third of the company's total power generation comes from the Xinjiang region, primarily through high-quality assets in the West-to-East power transmission project [1] - The company is actively expanding into green electricity and green certificate trading markets, with a total of 537 million kWh of cross-province and regional green electricity transactions in the first three quarters of 2024, a year-on-year increase of 484 million kWh [3] Group 2: Financial Performance and Metrics - The company's gross profit increased by 40 million yuan year-on-year in the first three quarters of 2024, with a gross profit margin change of 1% [3] - The accounts receivable for subsidies increased by 1.338 billion yuan in the first three quarters of 2024, with a balance of 450 million yuan at the end of September, accounting for 80.5% of the accounts receivable [3] - In 2023, the total dividend distributed was 344 million yuan, representing 42.67% of the net profit attributable to shareholders, with a dividend yield of approximately 3% [4] Group 3: Future Outlook and Policies - The company has established a regular cash dividend mechanism and plans to continue implementing cash dividends in accordance with relevant laws and regulations [4] - The cash dividend for the first half of 2024 is projected to be 197 million yuan, accounting for 40.38% of the net profit attributable to shareholders for the same period [4]