海马汽车发布2025年度不进行利润分配公告
公告要点：
- 2025年度公司归属于上市公司股东的净利润为 -1.48亿元（-148,418,509.30元），连续三年为负。
- 董事会拟定2025年不派发现金红利、不送红股、不以公积金转增股本，需提交股东大会审议。
- 截至2025年末，累计未分配利润为母公司-30.24亿元、合并报表-39.71亿元。
- 最近三个会计年度累计未现金分红或回购注销。
- 公司认为不分红方案符合监管规定，未触及重大风险警示情形。
详细内容：
2026年4月21日，海马汽车股份有限公司（000572）发布《关于2025年度不进行利润分配的公告》。公告显示，公司于2026年4月17日召开的董事会十二届十五次会议审议通过了《2025年度利润分配预案》，决定2025年度不进行利润分配，此议案仍需提交股东大会审议。
经立信会计师事务所审计，2025年公司实现归属于上市公司股东的净利润为-1.48亿元，依然为亏损状态。根据公司法与公司章程规定，并结合公司当前发展及经营实际情况，董事会拟定2025年度不实施现金分红、不送红股、不以公积金转增股本。
过往分红及利润情况
- 2023年、2024年和2025年三年均未进行现金分红或回购注销，三年平均净利润为-1.63亿元。
- 截至2025年末，合并报表累计未分配利润为-39.71亿元，母公司报表为-30.24亿元。
对投资者的影响与风险提示
- 公司已连续三年亏损且未分红，反映经营压力较大，或影响投资者对公司成长性和现金流的信心。
- 不过，公司未触及深交所《股票上市规则》第9.8.1条规定的其他风险警示情形，表明当前经营虽有压力但未至退市风险。
- 公司不分红的决定符合《上市公司监管指引第3号》《主板上市公司规范运作》等法规要求。
结论
本次公告显示公司依然面临较大经营压力，连续多年亏损导致无法分红，或对公司股价形成一定压力。投资者需关注公司后续经营与减亏措施，以及未来能否改善财务状况以恢复利润分配能力。
免责声明： 本文仅为信息披露及投资参考，不构成任何投资建议。投资有风险，决策请审慎。
Haima Automobile Announces No Profit Distribution for 2025
Key Highlights:
- Net profit attributable to shareholders in 2025 was -148.4 million RMB, marking the third consecutive year of losses.
- The board proposes not to distribute cash dividends, bonus shares, or convert capital reserves to share capital for 2025, pending shareholder approval.
- As of end-2025, accumulated undistributed profit was -3.02 billion RMB for the parent company and -3.97 billion RMB consolidated.
- No cash dividends or share buybacks in the past three years.
- The no-dividend plan complies with regulations and does not trigger any major risk warnings.
Details:
On April 21, 2026, Haima Automobile Co., Ltd. (000572) announced its decision not to distribute any profits for 2025. The board approved the 2025 profit distribution plan on April 17, 2026, which proposes no cash dividends, no bonus shares, and no capital reserve transfers. This plan is subject to shareholder approval.
The company, audited by Lixin Certified Public Accountants, reported a net loss of 148.4 million RMB attributable to shareholders for 2025. Considering the provisions of the Company Law and Articles of Association, and the company’s ongoing operational challenges, the board has decided not to distribute profits.
Recent Dividend and Profit Performance
- No cash dividends or share buybacks in 2023, 2024, or 2025. Three-year average net loss: 163.4 million RMB.
- Accumulated undistributed profit as of end-2025: -3.97 billion RMB (consolidated) and -3.02 billion RMB (parent).
Impact on Investors & Risk Warning
- Three consecutive years of losses and no profit distribution reflect significant operational pressure, possibly affecting investor confidence in company growth and cash flow.
- However, the company does not trigger risk warnings under Shenzhen Stock Exchange Listing Rules Article 9.8.1, indicating no immediate risk of delisting.
- The no-dividend decision complies with all relevant regulatory requirements.
Conclusion
The announcement underscores ongoing operational challenges and continued losses, which could weigh on share price. Investors should closely monitor upcoming business updates and measures to improve profitability and restore dividend capacity.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investment involves risks. Please make decisions carefully.
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