Divide half of last year's net profit, the largest dividend in the history of Shanxi Fenjiu! Company planning to distribute dividends exceeding 4 billion yuan | Shanxi Fenjiu | Net profit
Shanxi Fenjiu plans to distribute dividends exceeding 4 billion yuan this year, breaking the company's dividend record.
On the evening of June 14th, Shanxi Xinghua Village Fenjiu Factory Co., Ltd. disclosed the "2022 Annual Equity Distribution Implementation Announcement", proposing to distribute 10 dividends of 33.2 yuan, with a total cash dividend of about 4.05 billion yuan to be distributed on June 26th.
According to the 2022 financial report of Shanxi Fenjiu, its operating revenue in the past year was approximately 26.214 billion yuan, a year-on-year increase of 31.26%; The net profit was approximately 8.096 billion yuan, a year-on-year increase of 52.36%; The basic earnings per share are 6.6492 yuan.
According to the "2022 Profit Distribution Plan Announcement" disclosed by Shanxi Fenjiu on the evening of April 27, the dividend ratio of Shanxi Fenjiu in 2022 is about 50.03%.
This dividend has set a new record for the amount of dividends received by Shanxi Fenjiu. Since its listing, if the dividends for 2022 are included, Shanxi Fenjiu has accumulated 25 dividends, totaling approximately 11.6 billion yuan. The planned dividends for 2022 are 4.05 billion yuan, accounting for over one-third of the cumulative dividends.
According to the previous report of the Securities Times, according to the statistics of Shenwan industry, a total of 77 companies in the food and beverage industry of Shanxi Fenjiu have announced their 2022 distribution plans. Kweichow Moutai has the largest amount of cash dividends, with 32.549 billion yuan, followed by Yanghe Shares and Shanxi Fenjiu, with 5.634 billion yuan and 4.05 billion yuan respectively.
It is worth mentioning that there has been a growing trend of price hikes for Shanxi Fenjiu recently.
Previously, market news indicated that Fenjiu will raise the factory prices of its main products on June 20th. Chinese Baijiu market has entered the stock game stage. Fenjiu is facing the monopoly suppression of "Mao, Wu and Lu" in the high-end market of the thousand yuan price belt. Shanxi Fenjiu may want to boost the high-end market and boost the market confidence of its products by actively raising prices.
In addition, the performance growth rate of Shanxi Fenjiu has slowed down. In the first quarter of 2023, Shanxi Fenjiu's revenue was approximately 12.682 billion yuan, a year-on-year increase of 20.44%; The net profit was approximately 4.819 billion yuan, a year-on-year increase of 29.89%, which has significantly slowed down compared to the revenue growth rate of 43% and net profit growth rate of 70% in the first quarter of 2022.
On June 6th, Shanxi Fenjiu issued two consecutive personnel change announcements, and three directors, supervisors, and senior executives resigned. The next day, the stock price of Shanxi Fenjiu fell by 2.27%.
In fact, since the beginning of this year, Shanxi Fenjiu has been continuously declining in the secondary market. On May 22 last month, Shanxi Fenjiu briefly hit the limit down during trading. As of June 14th, Shanxi Fenjiu closed up 2.94% at 210.83 yuan, and its stock price has retreated more than 26% since the beginning of this year.
As of the end of the first quarter of 2023, among the top ten circulating shareholders of Shanxi Fenjiu, the largest shareholder, Shanxi Xinghuacun Fenjiu Group Co., Ltd., holds approximately 56.67% of the shares; Huachuang Xinrui Co., Ltd., a subsidiary of China Resources Group, holds nearly 11.40% of the shares, making it the second largest shareholder; Two institutions have increased their holdings, with Hong Kong Central Depository and Clearing Corporation Limited and China Life Insurance Co., Ltd. increasing their holdings by 6113100 shares and 470100 shares, respectively, with shareholding ratios of 3.20% and 2.01%.
The latest shareholding of the top ten circulating shareholders of Shanxi Fenjiu
