According to the Zhitong Finance App, Xiangshan Co., Ltd. (002870.SZ) released its 2023 annual report. During the reporting period, the company achieved operating revenue of 5.788 billion yuan, an increase of 20.16% over the previous year. Achieved net profit attributable to shareholders of listed companies of 161 million yuan, an increase of 86.86% over the previous year. Achieved net profit of 208 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 32.68% over the previous year. Basic earnings per share were $1.22. It is proposed to distribute a cash dividend of 1 yuan (tax included) for every 10 shares to all shareholders.
In 2023, the company's automobile business developed rapidly, with smart cockpits and new energy charging and distribution products as the main line, closely following the development trend of electrification and intelligence. The product competitiveness was gradually improving, and the value of bicycles rose steadily. At the same time, along with the continuous optimization and expansion of the customer matrix, the company's operating income and profit levels have continued to increase.