Blue Flame Holding(000968) 证券时报网·2024-10-28 01:18Core Viewpoint - The company, Blue Flame Holdings, has been recognized as one of the "Top 100 Growth Companies" in China, highlighting its significant growth in the coalbed methane exploration and development sector [1] Group 1: Company Performance - The company has set specific goals and measures for increasing reserves and production annually [1] - Coalbed methane sales volume increased from 687 million cubic meters in 2018 to 1.276 billion cubic meters in 2023, showing consistent growth each year from 2019 to 2023 [1] - In the first half of 2024, the company achieved coalbed methane sales of 608 million cubic meters, continuing its growth trend [1] Group 2: Financial Growth - Since the major asset restructuring in 2016, the company's operating revenue rose from 1.251 billion yuan to 2.381 billion yuan by 2023 [1] - The net profit attributable to shareholders increased from 384 million yuan to 540 million yuan in 2023, demonstrating strong growth attributes [1] - The company has increased its cash dividend payout rate to over 30%, nearly doubling year-on-year, with total cash distributions of 270.9 million yuan over the past three years, accounting for 57.7% of the average net profit attributable to shareholders [1] Group 3: Future Plans and Strategy - The company aims to achieve new production breakthroughs in 2024 through various strategies, including stable production in mature blocks, new well projects, exploratory block trials, external cooperation, and mergers and acquisitions [1] - A three-year shareholder return plan (2024-2026) has been established to ensure continuity and stability in profit distribution policies [1] - The recognition as a "Top 100 Growth Company" indicates the company's adaptability to energy transformation demands and its commitment to sustainable clean energy supply through increased investment in coalbed methane exploration and development [1]