On April 18, Huada Xincai (605158) recently released its 2023 annual report, with an operating income of 7579176818 during the reporting period.Live22freeplay.23 yuan, down 6.57% from the same period last yearLive22freeplayThe net profit belonging to the shareholders of listed companies was 334339453.65 yuan, an increase of 65.28% over the same period last year.

The net cash flow generated by operating activities during the reporting period was 486338403.93 yuan, and the net assets belonging to shareholders of listed companies were 2438828315.41 yuan.

During the reporting period, the company's net profit belonging to shareholders of listed companies was 334339453.65 yuan, an increase of 65.28% over the same period last year. The year-on-year increase in net profit belonging to shareholders of listed companies was mainly due to an increase in sales during the reporting period, a year-on-year increase in gross profit and the enjoyment of VAT plus and deduction policies, which increased the profits of the current period.

According to the announcement, the remuneration of directors, supervisors and senior managers totaled 12.6812 million yuan during the reporting period. Chairman Shao Mingxiang received a total of 2.8241 million yuan in pre-tax compensation from the company, director and general manager Shao Mingxia received a total of 2.8387 million yuan from the company, and financial director Sun Canping received a total of 490900 yuan from the company. Jiang Yulan, deputy general manager and secretary of the board of directors, received a total pre-tax compensation of 355300 yuan from the company.

The disclosure of the announcement shows that the profit distribution plan or provident fund increase share capital plan approved by the board of directors in 2023 intends to distribute profits on the basis of the total share capital registered on the date of registration of equity distribution shares, a cash dividend of 0.20 yuan (including tax) shall be distributed to all shareholders. As of December 31, 2023, the total share capital of the company was 511420000 shares, based on which a total cash dividend of 102284000 yuan (including tax) was proposed. The cash dividend ratio of the company this year is 30.59%.

According to the data of Beijing.com, Huada New material is mainly engaged in the research, development, production and sales of multi-functional color coated plate, hot-dip galvanized sheet and its substrate.