Recently, Asher issued an announcement on the implementation of the annual distribution of rights and interests in 2023, which will distribute a cash dividend of 4 yuan (including tax) to all shareholders for every 10 shares. According to the announcement, the registration date of equity distribution is May 29, and the de-dividend date is May 30.
Estelle is the leader in China.CarracingcryptogameThe digital distribution and digital retail service provider, which has been engaged in the mobile phone distribution industry for more than 20 years, is the first-class distributor of mobile phone brands such as Apple, Glory, Samsung, Meizu and so on. Using digital intelligent distribution platform, digital store digital enabling solution, national T1-T6 omni-channel sales branches and overseas supply chain warehousing layout, Estelle has created a global and efficient sales channel and supply chain network, realized end-to-end intelligent distribution management, and provided excellent value services for the leading brands in the mobile phone industry.
With its continuous high-quality and steady operation, Estelle has established an excellent brand image and reputation in the industry. With its stable performance and market performance, Estelle has been recognized for many years and has been selected into many authoritative lists such as Fortune China 500 and China's top 500 private enterprises. In the Fortune China 500 ranking released in 2023, Estelle ranked 217th, and in WholesaleCarracingcryptogameIn the subdivision of electronics and office equipment, the company ranks fourth, demonstrating its leading position and influence in the professional field.
According to the latest financial report, Ashford achieved an operating income of 921 in 2023.CarracingcryptogameOver the past three years, operating income has increased steadily at a compound annual growth rate of 13%. What is particularly noteworthy is that the company has shown firm determination in the digital transformation and the promotion of the new retail strategy. Estelle uses its offline channel network, combined with the multi-platform, multi-channel and multi-scene of the Internet, to achieve comprehensive access with consumers, and build a deep integration of online and offline service system. This integration strategy promotes the growth of retail and online business, and the revenue of the company's digital smart retail business achieves 329%.Carracingcryptogame51 billion yuan, an increase of more than 8% over the same period last year. In addition, Ashford realized net operating cash flow of 3.643 billion yuan, a substantial increase of 576.83% over the same period last year. This significant growth reflects that the company has generated more cash flow in its operating activities and enhanced its financial soundness.
While ensuring steady growth in performance, Estelle has implemented a cash dividend policy for eight consecutive years to ensure sustained returns for investors. In 2023, Asher plans to continue to implement the cash dividend scheme, paying a cash dividend of 4 yuan (including tax) for every 10 shares to all shareholders, with a total expected payout of about 496 million yuan.
Since its listing, Ashford has accumulated more than 3 billion yuan in dividends to shareholders. In the past six years, Ashford's dividend yield has been maintained at more than 2%. This prudent dividend policy has been outstanding in the same industry. At the closing price of 10.62 yuan per share on May 22, 2024, the dividend yield of Estelle is 3.77%. The ratio further highlights Estelle's increased attractiveness to investors and positive market expectations for the company's future growth potential.
Asher said that in 2024, it will adhere to the development strategy of "strengthening confidence, striving for progress in stability, promoting stability, and making every effort to create a new situation for high-quality development". Build a global sales and service network by consolidating core business and actively expanding new areas to enhance differentiated services. At the same time, the company will accelerate the research and application of new technologies such as AI and big data to improve operational efficiency and business quality, ensure that the company maintains a leading position in the fierce market competition and achieve sustainable and high-quality development.
(article source: Shanghai Securities News, China Securities Network)
