MYL(600993) Chang Jiang Shang Bao·2025-04-08 00:53Core Viewpoint - The company Ma Ying Long (600993.SH) has reported strong financial performance for the year 2024, with significant growth in revenue and profit, while maintaining a tradition of shareholder dividends [1][2]. Financial Performance - The company achieved an operating income of 3.728 billion yuan, representing a year-on-year increase of 18.85% [2]. - The net profit attributable to shareholders reached 528 million yuan, up 19.14% year-on-year [2]. - The non-recurring net profit surged by 44.98%, amounting to 511 million yuan [2]. Dividend Policy - Ma Ying Long plans to distribute a cash dividend of 6.20 yuan per 10 shares, totaling 267 million yuan, which accounts for 50.61% of the net profit [1][5]. - The company has maintained a continuous cash dividend policy for 20 years since its listing in 2004, with cumulative cash dividends reaching 1.366 billion yuan [5]. Business Segments - The pharmaceutical industrial revenue reached 2.161 billion yuan, with a year-on-year growth of 17.82% [2]. - The core business of treating hemorrhoids saw a revenue increase of 23.19%, maintaining a leading market position [2]. - The health and wellness segment, particularly the upgraded sanitary wet wipes and eye makeup series, also showed strong performance, with eye makeup revenue growing by 30% [2]. Innovation and Development - The company invested over 100 million yuan in research and development, focusing on three main areas: proctology, ophthalmology, and dermatology [4]. - New product projects in the health sector totaled 60, covering various sub-sectors including special cosmetics and medical devices [4]. - The company is advancing digital healthcare capabilities through the "Ma Ying Long Health Cloud" platform, exploring AI-assisted diagnostic systems and 3D digital modeling [3]. Manufacturing and Supply Chain - The company is enhancing its smart manufacturing capabilities, with new production lines and systems being implemented to optimize production efficiency [3]. - Ma Ying Long has been recognized as a "National Technology Innovation Demonstration Enterprise" and a "National Green Factory" [3].