Xiaocaiyuan International (00999.HK) saw its shares plummet 5.02% in early trading on Thursday, following the release of its annual financial results after market close on Wednesday. The sharp decline suggests that the company's performance may have fallen short of investor expectations.

According to the financial report, Xiaocaiyuan recorded a revenue of RMB5.21 billion for the fiscal year. The company's profit attributable to shareholders reached RMB580.6 million. Despite these positive figures, the market reaction indicates that investors may have anticipated stronger results or were concerned about other aspects of the company's performance.

In addition to the financial results, Xiaocaiyuan announced a recommendation for the distribution of final dividends amounting to RMB0.3187 per share. While dividend payments are generally viewed favorably by investors, the market's negative reaction suggests that this payout might not have been sufficient to offset concerns about the company's overall financial health or future prospects. Analysts will likely be closely examining the full financial report to understand the factors contributing to the stock's significant decline.