When it comes to operators, many people have the impression that they are very good at making money.
A few days ago, the 2023 performance report released by Telecom showed that in 2023, Telecom achieved 3044.6 billion net profit, a year-on-year increase of 103% of the performance. Judging from this data, telecom has made a lot of money this year.In this way, the shareholders of Telecom are blessed. So, after telecom achieves a good level of profitability, will shareholders' dividends be doubled? It seems worth talking about.
When a listed company has been in a profitable state, shareholders may receive dividends. Judging from the performance of telecom this year, telecom shows that it is not only profitable but also profitable.
According to the data in the 2023 performance express report released by Telecom this year, the total operating income of Telecom in 2023 will be 50784.3 billion, a year-on-year increase of 69%；Net profit attributable to shareholders of the listed company was 3044.6 billion, a year-on-year increase of 103%；Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 2955.3 billion, a year-on-year increase of 87%。Just take a look at it and you can see that Telecom has achieved 304 in 2023Net profit of 4.6 billion. On average, I earn about 08.3 billion. Such profitability should be considered very good.
However, there is also a "net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses". What does this mean?
To put it simply, it is the net profit after deducting losses or gains from shareholders' equity that are not directly related to the operation of the business.
That is, to tell investors that the profit belongs to the shareholders of the listed company, and the part of the profit generated by the associate or joint venture that does not belong to the listed company has been reduced.
In this way, the shareholders of Telecom should have 2955.3 billion profits.
Interestingly, according to the telecom side, the company places a high value on shareholder returns and strives to enhance its profitability and cash flow generation capabilities. In 2023, the Company will actively fulfill its commitment to "gradually increase the annual profit distributed in cash to more than 70% of the profit attributable to shareholders of the Company within three years after the issuance and listing of A-shares", and continue to create value for the majority of shareholders.To put it this way, the profit belonging to shareholders of listed companies this year reached 2955.3 billion and Telecom will actively fulfill its dividend commitments, the dividend income of telecom shareholders will probably not be less.
Judging from the fact that Telecom actively fulfills its dividend commitments, Telecom is indeed sharing the fruits of development and returning shareholders when it earns money. This is a good investment for investors.
Of course, from the perspective of the entire telecommunications industry, the telecommunications industry is undoubtedly a very stable industry. Even if the performance of the ups and downs of the "waves" of telecommunications, its overall operating performance can be regarded as basically maintaining a state of steady growth.
From this point of view, it is also a good choice to hold some telecommunications ** to make long-term investments.
It is worth mentioning that being able to reward shareholders more vigorously will obviously improve the ability of telecom to raise funds in the capital market.
For telecommunications, if sufficient funds are raised and become "not bad money", there will probably be no more embarrassment in terms of network construction, computing power network and so on. And when telecom has more money and can invest more money in the field of new infrastructure, perhaps telecom may be able to catch up with the pace of mobile.
It is worth mentioning that, according to public information, in the past few years, Unicom's dividends per share have maintained double-digit growth, the growth rate is much higher than the growth rate of net profit per share, and the proportion of cash dividends in profits has continued to increase.
In terms of mobile, the cumulative cash dividend amount has exceeded 1HK$2 trillion. According to public information, in order to better reward shareholders and share the fruits of development, China Mobile will increase the profit distributed in cash in 2023 to more than 70% of the profit attributable to shareholders of the company in that year. China Mobile will announce its 2023 annual results and 2023 final dividend plan on March 21, 2024.
From this point of view, the three major operators are probably more energetic in terms of giving back to shareholders, sharing development results, and competing for investment attractiveness.
Judging from the current performance report of Telecom in 2023, Telecom should have achieved very good development in 2023. Telecom also said it would actively fulfill its dividend commitments.
So, will telecommunications become very "fragrant" in the capital market in the future? It's well worth a look.