Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shenzhen Textile (Holdings) Co., Ltd. (000045.SZ)

Company Dividend Discount ModelIndustry: Apparel - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$23.30 - $27.45$25.73
Multi-Stage$15.52 - $17.02$16.26
Blended Fair Value$20.99
Current Price$12.78
Upside64.25%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.10%62.17%0.100.110.110.080.010.090.040.000.000.00
YoY Growth---11.67%1.29%47.74%990.85%-91.92%119.45%1,789.80%23.19%7.43%96.84%
Dividend Yield--0.86%1.13%1.04%0.97%0.08%1.25%0.49%0.02%0.01%0.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)69.91
(-) Cash Dividends Paid (M)41.58
(=) Cash Retained (M)28.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)13.988.745.24
Cash Retained (M)28.3428.3428.34
(-) Cash Required (M)-13.98-8.74-5.24
(=) Excess Retained (M)14.3519.6023.09
(/) Shares Outstanding (M)506.47506.47506.47
(=) Excess Retained per Share0.030.040.05
LTM Dividend per Share0.080.080.08
(+) Excess Retained per Share0.030.040.05
(=) Adjusted Dividend0.110.120.13
WACC / Discount Rate2.85%2.85%2.85%
Growth Rate5.50%6.50%7.50%
Fair Value$23.30$25.73$27.45
Upside / Downside82.33%101.31%114.82%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)69.9174.4679.3084.4589.9495.7998.66
Payout Ratio59.47%65.58%71.68%77.79%83.89%90.00%92.50%
Projected Dividends (M)41.5848.8356.8465.6975.4686.2191.26

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.85%2.85%2.85%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)47.0347.4747.92
Year 2 PV (M)52.7353.7354.75
Year 3 PV (M)58.6960.3862.09
Year 4 PV (M)64.9367.4369.99
Year 5 PV (M)71.4574.9078.48
PV of Terminal Value (M)7,563.437,928.758,308.05
Equity Value (M)7,858.258,232.658,621.28
Shares Outstanding (M)506.47506.47506.47
Fair Value$15.52$16.26$17.02
Upside / Downside21.41%27.19%33.20%

High-Yield Dividend Screener

« Prev Page 10 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ESPEspey Mfg. & Electronics Corp.3.53%$1.6554.01%
F-PCFord Motor Company 6% Notes due3.53%$0.7463.45%
TECTPTectonic Financial, Inc.3.53%$0.3879.28%
AMFCXAmerican Funds American Mutual Fund3.52%$2.0690.87%
CRCCalifornia Resources Corporation3.52%$1.6435.94%
FAFFirst American Financial Corporation3.51%$2.1446.13%
GICGlobal Industrial Company3.51%$1.0358.36%
0R0G.LMondelez International, Inc.3.50%$1.8969.92%
DCPDCP Midstream, LP3.50%$1.4634.00%
LWLamb Weston Holdings, Inc.3.50%$1.4870.35%
WSOWatsco, Inc.3.50%$12.1683.88%
0QYY.LHarley-Davidson, Inc.3.49%$0.7217.57%
LKFNLakeland Financial Corporation3.49%$1.9752.13%
TRSTTrustCo Bank Corp NY3.49%$1.4448.14%
OMCOmnicom Group Inc.3.47%$2.8341.26%
PROVProvident Financial Holdings, Inc.3.47%$0.5561.73%
UTLUnitil Corporation3.47%$1.7061.75%
BF-ABrown-Forman Corporation3.45%$0.9152.84%
COFSChoiceOne Financial Services, Inc.3.45%$1.0070.38%
FCBPFirst Choice Bancorp3.45%$1.0034.34%
NXSTNexstar Media Group, Inc.3.45%$7.2042.75%
STBAS&T Bancorp, Inc.3.45%$1.3529.75%
VABKVirginia National Bankshares Corporation3.45%$1.3755.94%
F-PBFord Motor Company 6.20% Notes3.44%$0.7463.45%
0K3B.LThe Mosaic Company3.43%$0.8722.53%
CPFCentral Pacific Financial Corp.3.43%$1.0743.87%
CTBICommunity Trust Bancorp, Inc.3.43%$1.9337.41%
IIINInsteel Industries, Inc.3.43%$1.1153.05%
JJSFJ&J Snack Foods Corp.3.43%$3.1192.62%
TMPTompkins Financial Corporation3.43%$2.4942.22%
ALRSAlerus Financial Corporation3.41%$0.7739.09%
CNXCConcentrix Corporation3.41%$1.4028.16%
FBPFirst BanCorp.3.41%$0.7134.06%
GLOClough Global Opportunities Fund3.41%$0.1915.90%
OPBKOP Bancorp3.41%$0.4830.19%
PHXPHX Minerals Inc.3.39%$0.1581.44%
WHGWestwood Holdings Group, Inc.3.39%$0.6073.76%
SCVLShoe Carnival, Inc.3.38%$0.5928.17%
OGSONE Gas, Inc.3.37%$2.6161.93%
VALUValue Line, Inc.3.36%$1.2555.36%
WTRGEssential Utilities, Inc.3.36%$1.3054.79%
AVNTAvient Corporation3.35%$1.0686.14%
KTBKontoor Brands, Inc.3.35%$2.0653.00%
VCTRVictory Capital Holdings, Inc.3.35%$2.1548.89%
WAFDWaFd, Inc.3.35%$1.0837.44%
PBProsperity Bancshares, Inc.3.34%$2.3241.44%
PFGPrincipal Financial Group, Inc.3.34%$2.9943.04%
EVBNEvans Bancorp, Inc.3.33%$1.3160.97%
NFYSEnphys Acquisition Corp.3.33%$0.3768.70%
KMPRKemper Corporation3.32%$1.3132.45%