Black technology: a super empire spanning two worlds

Chapter 270 [Amazing Growth Curve]

The following Friday.

Lingjing Technology issued an announcement this afternoon that it will disclose the company's 2023 annual financial report and dividend plan in the evening.

The main thing is to go through the board of directors' decision-making process and necessary procedures for the dividend plan, otherwise it can be disclosed during the day.

The announcement was released at around 14:45 in the afternoon, 15 minutes before the stock market closed. Driven by this news, Lingjing Technology received a large amount of funds in the late trading, pushing up its stock price.

Finally, the stock closed with a long positive line, and rose by +5.27% after the market, closing at 237.97 yuan, with a market value of 20.65 trillion yuan, regaining the 20 trillion yuan market value mark.

At around eight o'clock in the evening, Lingjing Technology's 2023 annual report and its dividend plan were officially announced to the public.

The company's annual revenue was 8765.13 billion yuan, a year-on-year increase of +271.95%; net profit was 2844.64 billion yuan, a year-on-year increase of +290.66%, and net earnings per share was 3.277 yuan. This figure is about 20% higher than the annual report pre-disclosure announcement of expected performance increase released last month.

Specifically, the graphene materials business remains the company's core source of revenue, and its AI business is also growing steadily.

Lingjing Technology's performance has consistently exceeded the expectations of market analysts, and the growth rate is the most shocking data. The company's revenue scale is getting bigger and bigger, and the growth rate of performance has not slowed down, but has increased significantly.

According to the company's 2022 performance data, the year-on-year revenue growth rate for the period was +200.71%, and the year-on-year net profit growth rate was +236.59%. This year, the year-on-year revenue growth rate directly expanded to +271.95%, and the year-on-year net profit growth rate expanded to +290.66%.

The real performance data proves that the company's development momentum remains as strong as ever, with no signs of weakening, but is instead becoming increasingly stronger.

The dividend plan was also announced today. This is the third dividend paid by Lingjing Technology since its listing.

The company decided to distribute RMB 2023 for every 10 shares based on the performance in the second half of 6.5, with a total cash dividend of RMB 564.2 billion. The dividend resolution was approved by the company's board of directors.

Together with the cash dividends of 2023 billion in the first half of 390.6, the total dividends for the two times throughout the year reached 954.8 billion.

Such a dividend scale has also aroused heated discussions among stock investors. The company with the highest A-share dividends in 2023 is Universe First Bank, with a total dividend of 1092.03 billion yuan, followed by China Construction Bank, with a dividend amount of 1000 billion yuan.

Lingjing Technology ranked third with 954.8 billion yuan, followed by Agricultural Bank of China with 808 billion yuan in dividends, and Zhongxing with 695.93 billion yuan in dividends.

"Awesome, Brother Xiao is so generous. According to this trend, it will definitely become the listed company with the highest dividend in the A-share market in 2024. It's a foregone conclusion." A retail investor felt happy after reading the dividend announcement.

Obviously, he is also one of the investors of Lingjing Technology, and he is engaged in value investment.

He currently holds 1600 shares, with a floating profit of about +88%. The market value of his holdings is 71.5 yuan, and he has received an investment return of 33 yuan.

The investment income that this company currently brings to him is mainly contributed by the rise in stock prices, while the dividend income is a bit of a drop in the bucket. In 2023, the dividend was an astronomical figure of more than 950 billion yuan, but the current total share capital of Lingjing Technology has also reached a huge 868 billion shares.

Roughly speaking, the dividend funds he can get for the 1600 shares he holds is RMB 1760.

From a current perspective, the dividends are not high, but those who decide to make long-term value investments obviously pay more attention to future expectations and growth rates.

At this rate, if the performance in 2024 can reach a growth rate of +300%, he can get a current dividend of 1600 yuan for his 7040 shares. If he maintains this growth rate, he can get 2 yuan by 25. By 28160, he can recover his investment cost and earn an additional 2027 yuan just by cash dividend income.

Obviously, this exponential growth momentum is terrifying and is also the core driving force that attracts investors to make long-term investments.

Even though the absolute amount of dividend income is not high now, the benefits brought by rising stock prices are far greater than cash dividends, but they cannot be put into pocket and rest on their laurels.

If you want to continue to receive dividends, you have to hold on to your shares, unless you sell some of them to lock in profits. However, this will reduce the number of shares you hold, and the dividends you will receive will be reduced accordingly, so you need to make some trade-offs. Some retail investors will also choose to sell some of their shares when the stock price rises sharply, and are willing to receive less dividends, but also want to wait for the stock price to fall before buying it back, and make a lot of money again.

However, after most shareholders sold their shares and wanted to buy them back, they found that the company's stock price was already higher than the price at which they sold them.

From the perspective of a long cycle such as the annual line, the stock price of Lingjing Technology is constantly rising, with the lows not reaching new lows and the highs continuing to reach new highs.

Most retail investors do not have the ability to choose investment timing and stocks, so they choose to hold their stocks.

According to the data disclosed in Lingjing Technology’s annual report, the company’s latest number of institutional holdings has reached 2655, making it the listed company with the most institutional participation among all A-share listed companies.

The number of shareholder households is even more exaggerated. The latest data given in the announcement has reached a staggering 1957 million households, which is about to approach 2000 million. Lingjing Technology is definitely the A-share listed company with the largest number of retail investors.

The current total number of stock accounts in the A-share market is 2.3 million, but a stockholder can open up to three accounts at the same time, so the actual number of stockholders is definitely not that large.

There are only over 5600 million active accounts, which means that nearly 7% of investors are no longer active, perhaps due to losses or choosing to exit after making profits.

In fact, only a few investors exit with profits, while most investors do not want to open their accounts because of losses.

Investors who invest in Lingjing Technology are relatively active, because anyone who buys this stock and holds it for more than a year will not lose money. The company's stock price has recently reached a historical high.

Investors who hold Lingjing Technology are relatively active. The reason is simple. Because this stock can make money, investors will naturally care about it. If there is profit in the account, investors will open their accounts more frequently to take a look.

Especially in the past year, the stock price of Lingjing Technology has fluctuated in a large box for a whole year, and the fluctuation is still large. Many investors have also done T operations of selling high and buying low in this fluctuation range, which further increased the activity of the holders' accounts.

The fact is that if calculated based on active accounts, there is now an average of one investor holding at least 100 shares of Lingjing Technology for every three active accounts.

This can also largely explain why the popularity index of this stock will rush to the top of the two markets that day as long as it pulls a big positive line of more than 5 points.

……

Driven by the announcement of the annual report and dividend plan, Lingjing Technology opened higher without any suspense on Monday, April 4 after the weekend. The opening was a high-profile one without any pullback, with both volume and price rising.

It closed that day with a surge of +15.08% at 273.86 yuan, with a total turnover of 3988 billion yuan and a market value of 23.77 trillion yuan.

After reaching a new high of 277.19 yuan, it adjusted for more than a month. Then, two big positive lines in two days brought it back to the new high again. This stock once again illustrates that as long as it falls, you can often make a lot of money if you dare to buy at the bottom.

After today's close, the company's market value is equivalent to US$3.3 trillion.

Speaking of which, if there were no malicious suppression by Western diving funds today, it would be very likely to set a new high or even hit the daily limit.

In the following May, Lingjing Technology's stock price traded sideways near its historical high of 5 yuan to 260 yuan, forming a box-shaped oscillation pattern.

The reason why it can't fall is that long funds have a strong desire to buy, and the reason why it can't rise is that Western diving capital is suppressing the stock price, but it dare not take big risks and spend a lot of money to suppress it, so it is stuck here.

……

(End of this chapter)