Zoomlion will achieve an operating income of 6510.90 billion yuan in 2020, a year-on-year increase of 50.34%; Gross profit increased by 43.28% year on year; Realized a net profit of 7,286,543.8 million yuan, a year-on-year increase of 66.55%; The net cash flow from operating activities was 7.523 billion yuan, an increase of 65.438+30.4 billion yuan. The strong growth of the company's revenue and net profit has set a new record and reached the best level in history.
While achieving high-quality growth, Zoomlion returns to shareholders through sustained and stable cash dividends. According to the profit distribution plan for 2020, the company plans to distribute the cash dividend 3.2 yuan (including tax) to all shareholders for every 65,438+00 shares in 2020 based on the total share capital of date of record at the time of profit distribution, and the dividend will grow steadily.
It is understood that Zoomlion will achieve an operating income of 65 1.09 billion yuan in 2020, a year-on-year increase of 50.34%; Gross profit increased by 43.28% year on year; Realized a net profit of 7,286,543.8 million yuan, a year-on-year increase of 66.55%; The net cash flow from operating activities was 7.523 billion yuan, an increase of 65.438+30.4 billion yuan. The strong growth of the company's revenue and net profit has set a new record and reached the best level in history.
While achieving high-quality growth, Zoomlion returns to shareholders through sustained and stable cash dividends. According to the profit distribution plan for 2020, the company plans to distribute the cash dividend 3.2 yuan (including tax) to all shareholders for every 65,438+00 shares in 2020 based on the total share capital of date of record at the time of profit distribution, and the dividend will grow steadily.
It is understood that since its listing on the Shenzhen Stock Exchange in 2000, Zoomlion has implemented dividends 22 times, including dividends twice in 2020, which shows that Zoomlion continues to repay shareholders with high dividends. Especially since the second half of the year, the inflection point of cyclical stocks has also begun to appear.
Cycling stocks are always sold at a low valuation and bought at a high valuation! There will be a "price-earnings trap" in the market, which is about cyclical stocks. When the price-earnings ratio is low, the stock price is the highest. If you look at the price-earnings ratio, you will lose money. If you want to buy cyclical stocks, you must buy them at a high valuation, because the stock price is often the lowest when the industry is in a downturn.