Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Lee & Man Chemical Company Limited (0746.HK)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$10.39 - $15.86$12.95
Multi-Stage$14.09 - $15.43$14.75
Blended Fair Value$13.85
Current Price$3.77
Upside267.36%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-3.23%7.18%0.280.220.700.420.220.330.430.140.100.15
YoY Growth--27.26%-68.57%64.71%88.89%-31.82%-23.26%207.14%40.00%-33.33%7.14%
Dividend Yield--7.48%7.34%10.74%5.37%6.45%9.48%7.94%2.45%4.10%6.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)941.65
(-) Cash Dividends Paid (M)334.10
(=) Cash Retained (M)607.55
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)188.33117.7170.62
Cash Retained (M)607.55607.55607.55
(-) Cash Required (M)-188.33-117.71-70.62
(=) Excess Retained (M)419.22489.85536.93
(/) Shares Outstanding (M)827.52827.52827.52
(=) Excess Retained per Share0.510.590.65
LTM Dividend per Share0.400.400.40
(+) Excess Retained per Share0.510.590.65
(=) Adjusted Dividend0.911.001.05
WACC / Discount Rate9.40%9.40%9.40%
Growth Rate0.59%1.59%2.59%
Fair Value$10.39$12.95$15.86
Upside / Downside175.71%243.55%320.62%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)941.65956.63971.85987.301,003.011,018.961,049.53
Payout Ratio35.48%46.38%57.29%68.19%79.10%90.00%92.50%
Projected Dividends (M)334.10443.72556.75673.26793.34917.06970.82

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.40%9.40%9.40%
Growth Rate0.59%1.59%2.59%
Year 1 PV (M)401.60405.60409.59
Year 2 PV (M)456.07465.18474.39
Year 3 PV (M)499.16514.20529.53
Year 4 PV (M)532.35553.84575.97
Year 5 PV (M)556.96585.20614.58
PV of Terminal Value (M)9,212.089,679.1710,165.02
Equity Value (M)11,658.2312,203.1912,769.08
Shares Outstanding (M)827.52827.52827.52
Fair Value$14.09$14.75$15.43
Upside / Downside273.69%291.16%309.30%

High-Yield Dividend Screener

« Prev Page 102 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
301022.SZQingdao Hi-Tech Moulds & Plastics Technology Co., Ltd.0.86%$0.2965.08%
600379.SSShaanxi Baoguang Vacuum Electric Device Co., Ltd.0.86%$0.1046.90%
601958.SSJinduicheng Molybdenum Co., Ltd.0.86%$0.1313.98%
601968.SSShanghai Baosteel Packaging Co., Ltd.0.86%$0.0530.44%
7059.TCOPRO-HOLDINGS. Co., Ltd.0.86%$8.6417.02%
9075.TFukuyama Transporting Co., Ltd.0.86%$37.8622.01%
GRANGrande Group Limited Class A Ordinary Shares0.86%$0.0422.51%
JECC.JKPT Jembo Cable Company Tbk0.86%$9.896.11%
MKAP.JKMultikarya Asia Pasifik Raya Tb0.86%$3.0020.31%
001460.KSBYC Co., Ltd.0.85%$354.1915.11%
002468.SZSTO Express Co., Ltd.0.85%$0.1115.11%
002777.SZSichuan Jiuyuan Yinhai Software.Co.,Ltd0.85%$0.1564.26%
002782.SZShenZhen Click Technology Co.,LTD.0.85%$0.1524.46%
0A05.LMedacta Group S.A.0.85%$1.3217.43%
348210.KQNEXTIN, Inc.0.85%$624.2647.22%
600621.SSShanghai Chinafortune Co., Ltd.0.85%$0.1324.10%
600714.SSQinghai Jinrui Mineral Development Co., Ltd0.85%$0.1052.98%
603162.SSFujian Highton Development0.85%$0.1024.23%
603681.SSShanghai Yongguan Adhesive Products Corp., Ltd.0.85%$0.1623.83%
603977.SSJiangxi Guotai Group Co.,Ltd.0.85%$0.1248.29%
ALPA3.SAAlpargatas S.A.0.85%$0.0916.36%
CHDRAUIB.MXGrupo Comercial Chedraui, S.A.B. de C.V.0.85%$1.0515.72%
DIOS.STDiƶs Fastigheter AB (publ)0.85%$0.559.76%
MARKOLINES.BOMarkolines Pavement Technologi0.85%$1.3410.59%
PGHH.BOProcter & Gamble Hygiene and Health Care Limited0.85%$110.0050.00%
002155.SZHunan Gold Corporation Limited0.84%$0.1822.97%
002378.SZChongyi Zhangyuan Tungsten Co., Ltd.0.84%$0.1266.08%
002609.SZShenzhen Jieshun Science and Technology Industry Co.,Ltd.0.84%$0.0881.97%
002987.SZNorthking Information Technology Co., Ltd.0.84%$0.1847.38%
2232.HKCrystal International Group Limited0.84%$0.0640.92%
300484.SZShenzhen V&T Technologies Co., Ltd.0.84%$0.1661.65%
300558.SZBetta Pharmaceuticals Co., Ltd.0.84%$0.3954.91%
300622.SZDoctorglasses Chain Co.,Ltd.0.84%$0.2655.20%
300820.SZSichuan Injet Electric Stock Co.,Ltd.0.84%$0.4041.58%
300962.SZZhongjin Irradiation Incorporated Company0.84%$0.1434.88%
301128.SZShenZhen QiangRui Precision Technology Co., Ltd.0.84%$0.8546.91%
5471.TDaido Steel Co., Ltd.0.84%$13.469.92%
600010.SSInner Mongolia Baotou Steel Union Co., Ltd.0.84%$0.0289.71%
600089.SSTBEA Co., Ltd.0.84%$0.1917.64%
600369.SSSouthwest Securities Co., Ltd.0.84%$0.0427.25%
603499.SSShanghai Sunglow Packaging Technology Co.,Ltd0.84%$0.1740.47%
6983.TWOUA YANG Precision Machinery Co., Ltd.0.84%$1.5028.47%
AEMAgnico Eagle Mines Limited0.84%$1.4220.98%
BDI.TOBlack Diamond Group Limited0.84%$0.1222.60%
LPGI.JKPT Lippo General Insurance Tbk0.84%$6.0014.47%
MALT.PAMalteries Franco-Belges S.A.0.84%$7.834.76%
000705.SZZhejiang Zhenyuan Share Co., Ltd.0.83%$0.0752.84%
001296.SZChongqing Changjiang River Moulding Material (Group) Co., Ltd.0.83%$0.2222.41%
003033.SZQingdao CHOHO Industrial Co., Ltd0.83%$0.6632.29%
010660.KSHwacheon Machinery Co., Ltd.0.83%$40.1925.46%