中远海能公布2025年末期利润分配方案：现金分红再创新高，投资者需关注关键事项

主要内容概述

• 公司拟向全体股东（A股及H股）每股派发现金红利人民币0.38元（含税）。
• 现金分红总额约人民币20.77亿元，约占公司2025年度归属于上市公司股东净利润的51.44%。
• 利润分配方案已获董事会一致通过，尚需提交股东大会审议。
• 公司2025年度归属于上市公司股东净利润约为40.37亿元，母公司报表未分配利润高达124.08亿元。
• 分红比例在过去三年累计高达152.26%，远超监管要求。
• 公司不存在触及上海证券交易所风险警示相关条款的情形。

详细解读

中远海运能源运输股份有限公司（证券代码：600026，简称“中远海能”）于2026年3月26日发布了2025年末期利润分配方案公告，董事会及全体董事保证公告内容的真实性、准确性和完整性。

分红方案具体内容

经信永中和会计师事务所审计确认，公司2025年度实现归属于上市公司股东的净利润约40.37亿元。母公司报表未分配利润高达124.08亿元。董事会审议通过，拟以实施权益分派股权登记日登记的总股本为基数，向全体股东每股派发现金红利人民币0.38元（含税）。截至2026年3月26日，公司总股本为5,465,220,839股，拟派发现金红利合计约20.77亿元，相当于年度净利润的51.44%。

值得注意的是，若在公告披露至实施权益分派登记日期间公司总股本发生变动，将保持每股分配金额不变，分配总额随之调整。

历史分红与监管合规

• 近三年累计现金分红总额为57.98亿元，平均年度净利润为38.08亿元。
• 分红比例远高于监管要求（累计分红比例152.26%，监管最低为30%），显示公司持续回馈股东的承诺。
• 公司不存在回购注销操作，现金分红是唯一的回报方式。
• 未触及上海证券交易所股票上市规则第9.8.1条相关风险警示情形。

决策流程与未来风险提示

本利润分配方案已经2026年3月26日召开的董事会会议全体董事审议一致通过，并将提交股东大会审议。该方案符合公司章程规定的分红政策与股东回报规划。

公司表示，分红方案综合考虑公司发展战略、经营业绩、财务资金状况、资本性开支等多方面因素，不会影响公司正常经营和长期发展。投资者需注意，利润分配方案尚需股东大会批准，存在一定不确定性，需关注后续公告。

对股东和投资者的影响

• 高比例现金分红或将提升公司股票的吸引力，利好股价表现。
• 分红金额不变但总额可根据股本变化调整，投资者需关注公司后续股本变动及相关公告。
• 利润分配方案需股东大会最终审议通过，仍存一定变数。
• 公司经营稳健，分红政策持续兑现，彰显长期投资价值。

结语

中远海能本次利润分配方案继续保持高比例现金分红，显示公司经营业绩稳健、资金状况良好，并高度重视股东回报。投资者需密切关注后续股东大会审议及公司股本变动相关公告，及时把握投资机会与风险。

免责声明

本新闻稿仅为信息披露与分析，不构成任何投资建议。投资者应结合自身风险承受能力及公司后续公告，作出理性投资决策。公司分红方案仍需股东大会审议通过，存在不确定性，市场风险需自行承担。

English Version

COSCO Shipping Energy Announces 2025 Year-End Dividend Plan: High Cash Dividend, Investors Should Note Key Issues

Key Highlights

• The company plans to distribute a cash dividend of RMB 0.38 (tax inclusive) per share to all shareholders (A shares and H shares).
• Total cash dividend is approximately RMB 2.077 billion, accounting for 51.44% of the company’s 2025 net profit attributable to shareholders.
• The dividend plan has been unanimously approved by the board but still requires shareholder meeting approval.
• The company’s 2025 net profit attributable to shareholders is about RMB 4.037 billion, with undistributed profits of RMB 12.408 billion.
• The cash dividend ratio over the past three years reaches 152.26%, far exceeding regulatory requirements.
• The company does not face any risk warning conditions under Shanghai Stock Exchange rules.

In-Depth Analysis

COSCO Shipping Energy Transportation Co., Ltd. (Stock Code: 600026, “COSCO Shipping Energy”) released its 2025 year-end profit distribution plan on March 26, 2026. The board and all directors guarantee the authenticity, accuracy, and completeness of the announcement.

Specific Dividend Details

After audit confirmation, the company’s 2025 net profit attributable to shareholders is about RMB 4.037 billion. Undistributed profits stand at RMB 12.408 billion. The board approved a plan to pay RMB 0.38 cash dividend per share (tax inclusive) to all shareholders, based on the total share capital registered on the record date. As of March 26, 2026, the total share capital is 5,465,220,839 shares, totaling approximately RMB 2.077 billion in cash dividends—about 51.44% of the annual net profit.

Notably, if the share capital changes between the announcement and the record date, the per-share dividend remains unchanged, but the total dividend amount will adjust accordingly.

Historical Dividend & Regulatory Compliance

• Three-year cumulative cash dividend is RMB 5.798 billion, with an average net profit of RMB 3.808 billion per year.
• The dividend ratio far exceeds regulatory requirements (cumulative dividend ratio 152.26%, minimum required is 30%), showing strong commitment to shareholder returns.
• No share repurchase/cancellation, cash dividend is the sole return method.
• No risk warning under Shanghai Stock Exchange Listing Rules.

Decision Process & Risk Warnings

The profit distribution plan was unanimously approved at the board meeting on March 26, 2026, and will be submitted to the shareholder meeting for approval. The plan complies with the company’s articles of association and disclosed return policies.

The company states that the dividend plan considers strategic development, business performance, financial status, and capital expenditure, and will not affect normal operations or long-term growth. Investors should note that the plan requires shareholder meeting approval and carries some uncertainty.

Impact on Shareholders and Investors

• High cash dividend may enhance stock attractiveness and support share price.
• Dividend amount per share is fixed, but total amount may adjust if share capital changes; investors should monitor related announcements.
• The plan awaits shareholder meeting approval, presenting some variability.
• Company’s stable operations and consistent dividend policy highlight long-term investment value.

Conclusion

COSCO Shipping Energy’s profit distribution plan continues its high cash dividend tradition, reflecting strong business performance, solid financials, and a commitment to shareholder returns. Investors should closely follow subsequent shareholder meeting results and share capital changes to seize investment opportunities and manage risks.

Disclaimer

This news article is for information and analysis purposes only and does not constitute investment advice. Investors should consider their own risk tolerance and follow subsequent company announcements before making investment decisions. The dividend plan remains subject to shareholder meeting approval, and market risks are the investor’s responsibility.

View 中远海能 Historical chart here