Unit 2012 2013 2014
Net profit Million RMB 10,487 5,818 5,792
Dividend per share RMB 0.13 0.29 0.18
Dividend payout ratio % 40 81 51
Dividend yield ratio % 2.66 7.02 2.57

Note: *Non-consolidated
*Dividend yield = Dividends per share/Year-end stock price
*The net profits is the consolidated net profit attributable to the parent company

*According to the relevant rules of Shanghai Stock Exchange, the cash available for payment for the stock buyback in the year should be regarded as cash dividends for the year. The Company’s cash dividends in 2013 consist of the cash for stock buyback (RMB 3.083 billion) and cash dividends (RMB 1.647 billion).

*Dividend yield = Dividends per share/Year-end stock price