The securities market is recovering, Hithink RoyalFlush Information Network (300033.SZ) net profit for 2024 is expected to increase by 30% to 1.823 billion yuan, proposing a dividend of 30 yuan for every 10 shares.
24/02/2025
GMT Eight
Hithink RoyalFlush Information Network (300033.SZ) released its annual report for 2024, with the company's operating income reaching 4.187 billion yuan, an increase of 17.47% year-on-year. The net profit attributable to the shareholders of the listed company was 1.823 billion yuan, an increase of 30.00% year-on-year. The net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses was 1.765 billion yuan, an increase of 28.93% year-on-year. The basic earnings per share was 3.39 yuan. In addition, it is proposed to distribute a cash dividend of 30 yuan (including tax) per 10 shares to all shareholders.
Due to the rebound in the securities market, investors' demand for financial information services has increased, leading to a certain growth in the company's operating income and net profit during the reporting period. Software sales and maintenance revenue decreased by 18.61% during the reporting period, mainly due to the gradual completion of upgrades for securities firms such as Securities Firm Communication and Creation, resulting in a decrease in corresponding business demand. Advertising and internet business promotion services grew by 49.00% compared to last year, mainly due to the warming of the securities market, an increase in customer demand for advertising and internet business promotion, and the deep integration of the company's products with large-scale technology, leading to increased product competitiveness, platform activity, and advertising conversion. Other businesses such as fund sales and transaction fees decreased by 20.50%, mainly due to a decrease in customer demand for other trading services due to changes in the market environment, although fund distribution business remained stable. Foreign operating income decreased by 29.70% compared to last year, mainly due to a decrease in demand from foreign customers.