Stunned! In the third quarter, the cash dividend was very small, and the company had to hand over all the money earned in the past two years.
10 19 In the evening, Hu Axiang issued several announcements, and the net profit in the first three quarters of this year was 943 million yuan, up 55.05% year-on-year. However, the most striking thing is the company's profit distribution plan for the first three quarters.
Ningbo Hu Axiang said that it plans to distribute a cash dividend of 2.004 billion yuan to all shareholders for every 10 share based on the company's total share capital of 626 million shares on 202 1 day. This figure even exceeds the sum of its net profit in the past two years.
This announcement in Hu Axiang, Ningbo blew up 3 1879 shareholders!
The reason why the stock fryer is made is that Ningbo's dividend plan has exceeded market expectations in many places:
1, the dividend time is in the third quarter, which is relatively rare in A shares;
2. The dividend amount is huge. The company's net profit in 2020 plus the first three quarters of this year is 65.438+79.2 billion yuan, which is equivalent to all the money earned by the company in the past two years, and there are still more than 200 million yuan to post;
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3. The dividend yield is high. Based on the latest closing price of 24.7 yuan, the dividend yield will be as high as 12.96%.
4. Although the company's revenue and net profit maintained a high growth trend in the first three quarters, from the single-quarter performance in the third quarter, both revenue and net profit after deduction declined.
A dividend exceeds the sum of two years' net profit.
On the evening of 10 and 19, the "Sao Operation" was staged in Hu Axiang, Ningbo: it is planned to distribute a cash bonus of about 2.004 billion yuan.
Ningbo Hu Axiang said in the announcement that in order to increase the returns to shareholders and implement the Company's Annual Shareholder Return Plan for 20021-2023, it is planned to distribute a cash dividend of 2.004 billion yuan to all shareholders for every 10 share based on the company's total share capital of 626 million shares on 202 1 day.
From the performance point of view, the company's net profit in 2020 was 849.4 million yuan, and 20 19 was 98110.00 million yuan. The dividend amount this time reached 2 billion yuan, which has exceeded the sum of the net profits of the previous two years.
Of course, if it is a continuous high dividend, shareholders can enjoy the long-term performance return of the company. However, judging from the previous dividend situation in Hu Axiang, Ningbo, the largest dividend in previous years was only 3130,000 yuan, and the highest dividend rate was only 36.76%. The dividend ratio reached 265,438+065,438+0.92%, which was more than twice the net profit of the first three quarters. In the past five years, the total dividend of Ningbo Hu Axiang from 20 16 to 2020 is only 6810 million yuan.
32 yuan will receive a cash dividend for every 10 share, and 320 yuan will receive a dividend for every share of Ningbo Hu Axiang. This also completely detonated the share price of Ningbo Hu Axiang. Some investors shouted: "Maotai is not so arrogant!"
As to why such a large dividend should be distributed, according to reporter china securities journal, an independent director of Ningbo Hu Axiang, Ningbo Hu Axiang has made rapid development in business scale and operation since its listing in 2005. During the period of 16, the company's total operating income increased by 43 times, its net profit increased by 52 times, and its undistributed profit accumulated from 781100000 yuan to 572 10/00000 yuan. During the period of 16, the shareholders of the company raised RMB 3.453 billion, which provided valuable financial support for the development of the enterprise. At present, the automobile industry is undergoing profound changes, and the trend of intelligence and new energy has been established. With the promotion of non-public offering of shares this year, the corporate governance structure will be further improved, and Hu Axiang in Ningbo will once again face the opportunity of rapid development.
The actual controller and his wife took away 59 1 10,000 yuan.
It is worth mentioning that Zhou Xiaofeng, the actual controller of Ningbo Hu Axiang, benefited the most from this large dividend.
Judging from the top ten shareholders, Zhou Xiaofeng holds 89,936,800 shares of the company, accounting for 14.36% of the total share capital, which seems not high. However, besides Zhou Xiaofeng itself, three of the top ten shareholders are related to it.
Ningbo Hu Axiang Equity Investment Co., Ltd. holds 7.78% shares of Ningbo Hu Axiang. According to Qixinbao, the actual controller behind Ningbo Equity Investment Co., Ltd. is He Zhang, holding 80% and 20% shares respectively. According to public information, Zhang is the spouse of the actual controller. In addition, Zhang directly holds 4956670 shares of the company, accounting for 0.79% of the company's total share capital.
Xiangshan Lianzhong Investment Co., Ltd. holds 4.66% shares in Ningbo, and the actual controller behind it is Zhang, holding 0/00% shares in the company/kloc.
Ningbo Industrial Co., Ltd. holds Ningbo 1.89% of the shares, with Hezhang as the back shareholder, holding 80% and 20% of the shares of the company respectively.
To sum up, the actual controller of Ningbo and his spouse Zhang directly and indirectly hold 29.49% of the shares of the company. According to the dividend plan of the first three quarters, they can get a pre-tax dividend of more than 59 1 100 million yuan this time.
It should be noted that after the dividend of 2.004 billion yuan, there may be another 2 billion yuan in Hu Axiang's account soon.
According to the announcement, on February 9th this year, Hu Axiang, Ningbo announced the plan of 202 1 non-public offering of shares. It is planned to issue no more than 65.438+88 billion shares to Ningbo Mei Feng Industrial Co., Ltd. controlled by Zhou Xiaofeng, the controlling shareholder and actual controller, at the issue price of 654.38+02.35438+0 yuan per share, and the total amount of funds raised will not exceed 2.366408. On August 25th, this application for non-public offering of shares was approved by the China Securities Regulatory Commission.
Zhou Xiaofeng's participation in the price increase this time can be described as "attractive", only 12.3 1 yuan/share. At that time, the company's share price was around 14 yuan/share. Since then, the company's share price has risen. As of press time, the share price of Ningbo Hu Axiang has reached 24 yuan, nearly doubled from the low point at the beginning of the year.
According to public information, Ningbo Hu Axiang Electronics Co., Ltd. is mainly engaged in R&D, production and sales of auto parts. The company's products mainly include automobile interior and exterior accessories, automobile chassis accessories, automobile electrical appliances and air conditioning accessories, and automobile engine accessories.
As of September 30, the total number of shareholders of the company was 365,438+0.9 million. As soon as the high dividend plan for the third quarterly report came out, I don't know if 30 thousand shareholders are happy or worried.