According to Zhitong Finance App News, Hengli Petrochemical (600346.SH) disclosed its 2023 annual report. During the reporting period, the company achieved revenue of 234.791 billion yuan, up 5.61% year on year; net profit to mother of 6.905 billion yuan, up 197.83% year on year; after deducting non-net profit of 5.997 billion yuan, up 473.74% year on year; basic earnings per share were 0.98 yuan. The company plans to distribute a cash dividend of 0.55 yuan (tax included) per share to all shareholders.
During the reporting period, in the face of a complex and changing market environment, under the correct leadership of the company's board of directors, the company's management sought to respond to the situation, and followed the trend, maintained strategic strength, sought steady progress, made every effort to follow the path of high-quality development, continue to forge long boards, make up shortcomings, and cultivate new ones, and successfully achieved the annual business performance goals and key development indicators. By the end of 2023, the company's total assets were 260.599 billion yuan, up 7.94% year on year, and net assets attributable to shareholders of listed companies were 59.992 billion yuan, an increase of 13.49% year on year.
During the reporting period, the company invested 1,371 billion yuan in R&D, an increase of 15.73% over the previous year. As of December 31, 2023, the company has obtained a total of 1,331 domestic and foreign patent authorizations, including more than 200 patents authorized in 2023. Relying on the R&D platform carefully built by the company over many years, focusing on the development path of market differentiation, high-end technology, and business integration, and concentrating superior resources, the company continues to make breakthroughs in cutting-edge technology and cutting-edge product research and development of differentiated functional materials. For example, the overall technology of “high uniformity super soft polyester fiber” products is at the leading level in the country, filling the domestic gap.