Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Jingxing Paper Joint Stock Co., Ltd. (002067.SZ)

Company Dividend Discount ModelIndustry: Paper, Lumber & Forest ProductsSector: Basic Materials

Valuation Snapshot

Stable Growth$0.39 - $0.58$0.48
Multi-Stage$1.88 - $2.08$1.98
Blended Fair Value$1.23
Current Price$6.28
Upside-80.39%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-9.44%-6.76%0.050.020.020.020.060.090.120.140.090.12
YoY Growth--144.06%-4.71%-7.62%-56.64%-34.60%-27.44%-13.32%51.51%-21.72%9.33%
Dividend Yield--1.40%0.70%0.65%0.60%1.44%2.85%2.78%2.42%1.45%1.77%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)62.09
(-) Cash Dividends Paid (M)24.11
(=) Cash Retained (M)37.98
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)12.427.764.66
Cash Retained (M)37.9837.9837.98
(-) Cash Required (M)-12.42-7.76-4.66
(=) Excess Retained (M)25.5630.2233.32
(/) Shares Outstanding (M)1,237.821,237.821,237.82
(=) Excess Retained per Share0.020.020.03
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.020.020.03
(=) Adjusted Dividend0.040.040.05
WACC / Discount Rate4.67%4.67%4.67%
Growth Rate-5.05%-4.05%-3.05%
Fair Value$0.39$0.48$0.58
Upside / Downside-93.76%-92.31%-90.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)62.0959.5857.1754.8552.6350.5052.02
Payout Ratio38.84%49.07%59.30%69.53%79.77%90.00%92.50%
Projected Dividends (M)24.1129.2333.9038.1441.9845.4548.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.67%4.67%4.67%
Growth Rate-5.05%-4.05%-3.05%
Year 1 PV (M)27.6427.9328.22
Year 2 PV (M)30.3030.9431.59
Year 3 PV (M)32.2333.2634.31
Year 4 PV (M)33.5434.9736.45
Year 5 PV (M)34.3336.1738.10
PV of Terminal Value (M)2,170.362,287.082,408.77
Equity Value (M)2,328.392,450.352,577.44
Shares Outstanding (M)1,237.821,237.821,237.82
Fair Value$1.88$1.98$2.08
Upside / Downside-70.05%-68.48%-66.84%

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%