欧菲光集团发布2025年度利润分配预案：继续不分红，累计未分配利润状况引发关注
公司董事会通过2025年利润分配预案，连续多年未现金分红，累计未分配利润为负
欧菲光集团股份有限公司（证券代码：002456，证券简称：欧菲光）于2026年3月31日召开第六届董事会第十七次会议，审议并通过了《关于2025年度利润分配预案的议案》。董事会全票通过该预案，拟议2025年度公司不派发现金红利、不送红股、不以资本公积金转增股本，该预案尚需提交公司股东大会审议通过。
关键财务数据及利润分配原因分析
- 2025年度归属于上市公司股东净利润： 41,634,215.94元。
- 2025年12月31日公司合并报表未分配利润： -6,669,105,158.72元（为负）。
- 母公司报表未分配利润： 492,753,058.65元（为正）。
- 2025年度实际可供分配利润： 0元（按照合并报表与母公司报表未分配利润孰低原则）。
- 每股收益： 0.0126元。
- 公司总股本： 3,354,548,600股。
公司解释，结合近年来盈利能力、财务状况及未来发展战略，为保障公司长期稳定经营和发展，在利润分配条件不满足的情况下，做出不派发现金红利、不送红股、不以资本公积金转增股本的决定。
对投资者的意义及潜在价格敏感信息
- 连续多年不分红： 欧菲光自2023年以来连续三年未进行现金分红或回购注销。
- 累计未分配利润持续为负值： 尽管母公司层面有可分配利润，但合并报表未分配利润为负，因此无法进行分红。这会影响部分投资者的收益预期，并可能影响股价表现。
- 不触及风险警示： 公司符合深圳证券交易所相关规则，不会因本次不分红而被实施其他风险警示。
- 未来分红政策声明： 董事会表示将继续重视投资者回报，未来具备条件时仍会考虑现金分红。
- 中小股东参与便利： 利润分配预案将提交股东大会，股东可通过现场及网络投票参与决策。
本次利润分配预案显示公司持续面临累计亏损压力，短期内现金分红希望较小，可能影响市场对公司现金流和分红能力的预期。投资者需关注公司后续盈利能力的恢复及未分配利润状况的改善进展。
后续安排
该利润分配预案尚需提交公司股东大会审议通过后方可实施。会议将采用现场与网络投票相结合方式，便利中小股东参与。
备查文件
- 第六届董事会第十七次会议决议
- 第六届董事会审计委员会2026年第四次会议决议
- 2025年度审计报告
免责声明： 本文信息基于公司公告整理，仅供投资者参考，不构成买卖证券建议。投资有风险，决策需谨慎。
O-Film Group Announces 2025 Profit Distribution Plan: No Dividend, Negative Accumulated Profits Remain a Concern
Board Approves 2025 Profit Distribution Plan—No Cash Dividend, Share Bonus, or Capital Reserve Transfer for Yet Another Year
O-Film Group Co., Ltd. (Stock Code: 002456) convened its 17th meeting of the 6th Board on March 31, 2026, and approved the 2025 profit distribution plan. The proposal was unanimously passed and stipulates that for 2025, the company will not pay a cash dividend, will not issue bonus shares, and will not convert capital reserves to share capital. This proposal is pending approval by the shareholders’ general meeting.
Key Financial Data and Reasons for Distribution Decision
- Net profit attributable to shareholders in 2025: 41,634,215.94 RMB.
- Consolidated accumulated undistributed profits as of Dec 31, 2025: -6,669,105,158.72 RMB (Negative).
- Parent company accumulated undistributed profits: 492,753,058.65 RMB (Positive).
- Actual distributable profit for 2025: 0 RMB (following the lower value between consolidated and parent company reports).
- Earnings per share: 0.0126 RMB.
- Total shares: 3,354,548,600.
The company cited ongoing challenges in profitability and financial position, as well as the need to secure long-term operational stability and development, as reasons for not distributing dividends or bonus shares.
Investor Significance & Potentially Price-Sensitive Information
- No dividend for consecutive years: O-Film has not paid a cash dividend or conducted a share buyback since at least 2023.
- Negative accumulated undistributed profits: While the parent company has a positive profit figure, the group’s consolidated profits remain deeply negative, preventing dividend payouts. This could impact investor expectations and the share price.
- No risk warning triggered: The company’s current situation does not trigger additional risk warnings under Shenzhen Stock Exchange rules.
- Commitment to future returns: The Board affirms its dedication to prioritizing investor returns and indicates that dividends will be considered if conditions improve.
- Facilitated small shareholder participation: The profit distribution plan will be submitted to the general meeting, where on-site and online voting will be available.
The plan underscores persistent losses at the group level and suggests minimal hope for cash dividends in the short term, which may affect market sentiment about O-Film’s cash flow and dividend potential. Investors should monitor future improvements in profitability and undistributed profit trends.
Next Steps
The profit distribution plan will be implemented only if approved by the shareholders’ meeting, which will combine on-site and online voting to facilitate small shareholder engagement.
Supporting Documents
- Resolutions of the 17th meeting of the 6th Board
- Resolution of the 4th meeting of the 6th Audit Committee (2026)
- 2025 Annual Audit Report
Disclaimer: This article is compiled from official company announcements and is for informational purposes only. It does not constitute investment advice. Investment carries risks; act with caution.
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