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In the report, CITIC Securities has lowered the Target Price for FU SHOU YUAN (01448.HK) to 4.6 yuan, with fundamental turning points yet to be observed.
CITIC Securities released a report indicating that FU SHOU YUAN (01448.HK) announced on January 24 its consideration to declare a special dividend of 38.82 Hong Kong cents per share, totaling approximately 0.9 billion yuan, believing the company has a strong willingness to reward Shareholders and solid dividend capability. At the same time, the institution noted that while the fundamentals are showing signs of improvement, a turning point is still awaited, and it recommends paying attention to promotional measures in 2025, advances in digital Technology, and effects of cost-cutting. The report indicated a cautious consideration of demand pressure and that the ramp-up of mid-range products will also require time, lowering FU SHOU YUAN's net profit forecasts for 2024 and 2025 by 12% and 14%, respectively, to 0.585 billion yuan and 0.645 billion yuan, introducing forecasts for 2026.
FU SHOU YUAN (01448) exceeded expectations with a special dividend, highlighting its long-term investment value.
This is FU SHOU YUAN's substantial distribution of special dividends once again after their first special dividend last year.
FU SHOU YUAN (01448.HK): Announcement of a special dividend of approximately 0.9 billion Hong Kong dollars; the fundamental turning point remains to be observed.
Company's Recent Situation: The company announced on January 24, 2025, that it is considering declaring a special dividend of 38.82 Hong Kong cents per share, amounting to approximately HKD 0.9 billion. We believe the company has a strong willingness to positively return to Shareholders and has robust dividend-paying capabilities. At the same time, I
FU SHOU YUAN To Go Ex-Dividend On April 7th, 2025 With 0.1724 HKD Special Dividend Per Share
January 25th (Beijing Time) - $FU SHOU YUAN(01448.HK)$ is trading ex-dividend on April 7th, 2025.Shareholders of record on April 8th, 2025 will receive 0.1724 HKD special dividend per share on April 2
FU SHOU YUAN To Go Ex-Dividend On October 10th, 2025 With 0.1079 HKD Special Dividend Per Share
January 25th (Beijing Time) - $FU SHOU YUAN(01448.HK)$ is trading ex-dividend on October 10th, 2025.Shareholders of record on October 13th, 2025 will receive 0.1079 HKD special dividend per share on
FU SHOU YUAN To Go Ex-Dividend On July 9th, 2025 With 0.1079 HKD Special Dividend Per Share
January 25th (Beijing Time) - $FU SHOU YUAN(01448.HK)$ is trading ex-dividend on July 9th, 2025.Shareholders of record on July 10th, 2025 will receive 0.1079 HKD special dividend per share on July 25
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