Original title: Hengli Petrochemical ranks first in the A-share cash dividend list and ranks first among listed residential chemical companies
Recently, the China Association of Listed Companies released the list of cash dividends of A-share listed companies, including 200 companies in the “List of Listed Companies with Rich Returns” and “List of Listed Companies with Sincere Returns”. Hengli Petrochemical (600346.SH) ranked 37th in the “A-Share Listed Companies with Huge Returns” and ranked first among listed residential chemical companies.
“(Image source: China Association of Listed Companies)
According to reports, the “List of Listed Companies’ Generous Returns” uses the total cash dividends in the past year and the past three years as the main indicator, and the “Listed Companies’ Sincerity Returns List” takes the dividend payout ratios in the past year and the past three years as the main indicator. The list adheres to the basic principles of representativeness and continuity, which not only encourages long-term sustainable and stable dividend distribution, but also takes into account the characteristics of companies in different sectors, fully reflecting the company’s positive willingness to distribute dividends. Most of the listed companies at the top of the list are banking, insurance, energy, liquor, chemical industry leaders and large state-owned enterprises.
As a leading A-share private chemical company, Hengli Petrochemical announced the 2021 annual dividend implementation plan on May 26 this year. It plans to distribute a cash dividend of 10.1 yuan (including tax, 9.09 yuan after tax) to all shareholders for every 10 shares, with a total cash dividend of 9.09 yuan. The total dividend is 7.021 billion yuan, accounting for 45.20% of the company’s annual net profit, and the scale of cash dividends has hit a record high. In addition, according to public information statistics, from 2019 to 2021, the total amount of Hengli Petrochemical’s total cash dividends reached 15.233 billion yuan.
In 2021, Hengli Petrochemical achieved an operating income of 197.970 billion yuan, a year-on-year increase of 29.92%, and realized a net profit attributable to shareholders of the listed company of 15.531 billion yuan, a year-on-year increase of 15.37%. Sustained and stable profitability in the environment of wide fluctuations in upstream raw materials. Among them, the upstream refining and ethylene business has become the cornerstone of the company’s profitability, and the downstream chemical new material sector has also expanded year by year, including differentiated polyester yarns, functional films, new engineering plastics, and biodegradable new materials. High R&D attribute materials business The business situation is good.
Hengli Petrochemical is adhering to Hengli’s “innovative R&D genes”, aiming at the strategic growth opportunities of the cross-development of “new energy”, “new consumption” and “hard technology” in China, and constantly growing, deepening and refining downstream new chemical materials Industrial chain business sector. As the projects under construction are put into operation and continue to contribute to the incremental performance, the company will show high growth and accelerate its growth into a world-class platform-based R&D and manufacturing enterprise of new chemical materials.Return to Sohu, see more
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