Shanghai Jahwa's dividend payout ratio in 2025 approaches 60%, reaching a 21-year high; operational quality improvement solidifies the foundation for long-term returns.

Shanghai Jahwa recently announced its profit distribution plan for 2025 and the semi-annual profit distribution plan for 2026, attracting widespread market attention. According to the announcement, the company plans to distribute a cash dividend of 0.20 yuan per share to all shareholders, totaling 134 million yuan in cash dividends. Combined with the cash dividends already distributed at mid-year, the total cash dividend for 2025 will reach 160 million yuan, accounting for 59.90% of the net profit attributable to shareholders for the year. This ratio has reached a nearly 21-year high for the company, significantly higher than in previous years.

Against the backdrop of increasingly fierce competition in the consumer market and investors’ rising demand for return certainty, Shanghai Jahwa’s high dividend payout ratio of nearly 60% sends a positive signal to the market. This move not only reflects the company’s recovery in profitability but also demonstrates its sincerity in converting operational results into shareholder returns, highlighting a healthy cash flow and stable operations.

Since its listing, Shanghai Jahwa has maintained a tradition of stable dividends. Data shows that the company has paid dividends 26 times in total; with this 2025 dividend, the cumulative dividend amount will reach 3.7 billion yuan. The dividend payout ratio for 2025 is close to 60%, a new high in nearly 21 years. Although the company is still in a strategic investment phase, the proactive increase in dividend payout amid profit recovery underscores its determination to strengthen shareholder returns based on a solid financial foundation.

The semi-annual dividend plan for 2026, also disclosed by the company, further reflects the goal of building a stable and sustainable shareholder return mechanism. This arrangement is expected to attract more investors who value long-term growth and are willing to grow together with the company. It is more appealing to small and medium investors and helps enhance confidence in the company’s development.

Operational recovery provides a solid foundation for increased dividends. In 2025, Shanghai Jahwa achieved an operating revenue of 6.32 billion yuan, an increase of 11.2% year-on-year; net profit attributable to shareholders was 270 million yuan, turning losses into profits. This achievement is attributed to the effective implementation of the “Four Focuses” strategy: focusing on core brands, brand building, online channels, and operational efficiency.

In terms of brand building, key brands such as Six God, Yuze, and Herborist performed outstandingly, successfully launching three billion-yuan products: the upgraded version of Six God insect repellent, the second-generation Yuze barrier repair cream, and the new Herborist White Seven whitening mud mask. The transformation of online business has yielded significant results, with domestic online channel revenue increasing by 36.9% year-on-year, and its contribution to domestic main business revenue rising to 44.4%. The company further optimized operations through brand-effect management and human efficiency improvements.

Looking ahead to 2026, Shanghai Jahwa will continue to deepen the “Four Focuses” strategy: core brands will focus on niche segments and billion-yuan products; brand building will emphasize product iteration and content capabilities; online business will strengthen price and channel management; operational efficiency will focus on brand-effect management and organizational human efficiency. As the strategy moves from implementation to upgrading, the company is expected to provide long-term stable returns for investors through more prudent operations and sustainable performance.