Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Launch Tech Company Limited (2488.HK)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$30.88 - $69.97$44.87
Multi-Stage$22.43 - $24.48$23.44
Blended Fair Value$34.15
Current Price$11.58
Upside194.92%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS30.65%16.48%0.490.360.060.030.050.130.260.210.050.08
YoY Growth--35.60%540.97%88.27%-42.65%-59.44%-50.51%24.44%277.88%-35.07%-20.08%
Dividend Yield--5.66%20.80%2.36%1.23%1.46%4.47%4.95%3.28%0.83%1.12%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)638.11
(-) Cash Dividends Paid (M)203.07
(=) Cash Retained (M)435.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)127.6279.7647.86
Cash Retained (M)435.04435.04435.04
(-) Cash Required (M)-127.62-79.76-47.86
(=) Excess Retained (M)307.42355.28387.18
(/) Shares Outstanding (M)418.51418.51418.51
(=) Excess Retained per Share0.730.850.93
LTM Dividend per Share0.490.490.49
(+) Excess Retained per Share0.730.850.93
(=) Adjusted Dividend1.221.331.41
WACC / Discount Rate9.67%9.67%9.67%
Growth Rate5.50%6.50%7.50%
Fair Value$30.88$44.87$69.97
Upside / Downside166.70%287.46%504.27%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)638.11679.59723.76770.80820.90874.26900.49
Payout Ratio31.82%43.46%55.09%66.73%78.36%90.00%92.50%
Projected Dividends (M)203.07295.34398.75514.35643.30786.84832.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.67%9.67%9.67%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)266.78269.30271.83
Year 2 PV (M)325.35331.55337.80
Year 3 PV (M)379.09389.97401.06
Year 4 PV (M)428.28444.75461.69
Year 5 PV (M)473.18496.03519.76
PV of Terminal Value (M)7,513.647,876.568,253.36
Equity Value (M)9,386.329,808.1610,245.51
Shares Outstanding (M)418.51418.51418.51
Fair Value$22.43$23.44$24.48
Upside / Downside93.68%102.38%111.41%

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%