Sudah ada 98 perusahaan A-share yang mengungkapkan laporan tahunan 2025, 70 perusahaan listed memprediksi dividen tunai gabungan sebesar 70,5 miliar yuan

Securities Daily Reporter Xu Yiming

Data from Tonghuashun shows that as of March 15th, when this report was published, 98 A-share listed companies have disclosed their 2025 annual reports, of which 70 companies plan to distribute cash dividends, totaling 70.504 billion yuan.

Yang Delong, Chief Economist of Qianhai Kaiyuan Fund, told Securities Daily that cash dividends from listed companies not only reflect their profitability but also serve as an important way to reward investors and guide long-term value investment. It also reflects the continuous optimization of the dividend ecosystem in the A-share market and the confidence in high-quality development of the real economy.

In terms of performance, among the 98 companies, 54 companies achieved year-on-year growth in net profit attributable to parent company shareholders, accounting for 55.10%.

Industry leaders performed notably well. For example, CATL (Contemporary Amperex Technology Co. Limited), a leading enterprise in the power battery sector, achieved operating revenue of 423.702 billion yuan in 2025, a year-on-year increase of 17.04%; net profit attributable to shareholders was 72.201 billion yuan, up 42.28%, with an average daily profit of about 1.98 billion yuan.

High-quality enterprises in niche fields also demonstrated strong growth capabilities. For instance, Guangzhou Tinci High-tech Materials Co., Ltd. (Tinci Materials), Shandong Wohua Pharmaceutical Technology Co., Ltd., and others saw net profits attributable to shareholders increase by over 100% year-on-year last year. Tinci Materials achieved revenue of 16.65 billion yuan, up 33.00%; net profit attributable to shareholders was 1.362 billion yuan, up 181.43%; and net profit after deducting non-recurring gains and losses was 1.36 billion yuan, up 256.32%.

It is worth noting that nine companies, including China Science and Cambrian Technology Co., Ltd., achieved a turnaround from loss to profit in net profit attributable to shareholders in 2025.

Additionally, among the 98 companies, 70 plan to distribute cash dividends, accounting for 71.4%. Notably, CATL plans to distribute 69.57 yuan (including tax) in cash dividends per 10 shares, totaling 31.532 billion yuan, ranking first.

According to the analysis, most companies that announced dividend plans this time not only align with their profitability but also consider shareholder returns.

For example, Zhejiang Hexin Tonghuashun Network Information Co., Ltd. achieved revenue of 6.029 billion yuan and net profit attributable to shareholders of 3.205 billion yuan in 2025, representing year-on-year increases of 44.00% and 75.79%, respectively. Their dividend plan includes a cash dividend of 5.1 yuan per 10 shares (including tax) and a plan to transfer 4 shares for every 10 shares, reflecting their emphasis on short-term gains and long-term rights for shareholders.

Wang Yuting, lecturer at Shanghai University Sydney Business School, told Securities Daily that sustained and stable dividends not only enhance investors’ sense of gain but also attract medium- and long-term funds such as insurance and pension funds into the market. The influx of these funds provides long-term stable capital support for listed companies and promotes a virtuous cycle of “stable dividends—long-term capital accumulation—high-quality development.”

Wang Yuting further stated that in the future, with the continuous improvement of regulatory policies and the increasing awareness of corporate dividends, the dividend ecosystem in the A-share market will become more mature, providing stable returns for investors and injecting lasting momentum into high-quality market development.