On the evening of March 30, China Railway Group Limited(601390) released the annual report of 2021. In the whole year, the company achieved a newly signed contract amount of 272932 billion yuan, a year-on-year increase of 4.7%; Operating revenue exceeded the trillion yuan mark for the first time; The net profit attributable to shareholders of listed companies after deduction of non profits was 26.06 billion yuan, a year-on-year increase of 19.35%.
In 2021, focusing on the construction of national comprehensive three-dimensional transportation network, the company comprehensively connected with the national regional coordinated development strategies such as urban agglomeration and metropolitan area, and continued to comprehensively strengthen the development of traditional advantageous fields such as railway, highway, housing construction and municipal administration. In 2021, the market share of China’s large and medium-sized railway construction reached 46.6%, and continued to rank first in China; About 44 billion yuan of projects were contracted in emerging fields such as 5g, wind power photovoltaic and ecological governance, and new orders in port, waterway and airport engineering markets increased by 76.9% and 54.6% respectively year-on-year, laying a solid foundation for the company to promote the “second curve” operation; The production capacity of mineral resources business was further released, and the annual copper metal output was 242300 tons, with a year-on-year increase of 14.43%; The output of cobalt metal was 322293 tons, with a year-on-year increase of 25.57%; The output of molybdenum metal was 1495515 tons, with a year-on-year increase of 87.8%. The company’s newly signed overseas orders amounted to 151.71 billion yuan, a year-on-year increase of 11.3%.
As of the end of the reporting period, the company’s orders on hand amounted to 45.3 billion yuan, an increase of 22% over the end of 2020.
According to the profit distribution plan for 2021, the company plans to distribute cash dividends of 1.96 yuan (including tax) to all shareholders for every 10 shares, with a total of about 4.849 billion yuan, a year-on-year increase of 9.6%. The total amount of cash dividends to be distributed accounts for 17.5% of the net profit attributable to shareholders of Listed Companies in the consolidated statements of the year, and the amount of dividends reaches a new high.
