Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

China Reinsurance (Group) Corporation (1508.HK)

Company Dividend Discount ModelIndustry: Insurance - ReinsuranceSector: Financial Services

Valuation Snapshot

Stable Growth$3.38 - $4.84$4.09
Multi-Stage$4.67 - $5.12$4.89
Blended Fair Value$4.49
Current Price$1.11
Upside304.67%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.28%15.11%0.040.010.040.040.040.030.050.050.130.02
YoY Growth--200.00%-68.89%9.76%-6.43%41.49%-35.76%0.65%-61.98%634.83%66.67%
Dividend Yield--5.14%3.43%10.30%6.71%6.51%2.72%3.44%3.26%7.63%0.87%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)20,441.51
(-) Cash Dividends Paid (M)2,378.87
(=) Cash Retained (M)18,062.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4,088.302,555.191,533.11
Cash Retained (M)18,062.6418,062.6418,062.64
(-) Cash Required (M)-4,088.30-2,555.19-1,533.11
(=) Excess Retained (M)13,974.3415,507.4516,529.53
(/) Shares Outstanding (M)42,479.8142,479.8142,479.81
(=) Excess Retained per Share0.330.370.39
LTM Dividend per Share0.060.060.06
(+) Excess Retained per Share0.330.370.39
(=) Adjusted Dividend0.380.420.45
WACC / Discount Rate10.23%10.23%10.23%
Growth Rate-1.05%-0.05%0.95%
Fair Value$3.38$4.09$4.84
Upside / Downside204.10%268.64%335.99%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)20,441.5120,430.6620,419.8020,408.9620,398.1220,387.2920,998.91
Payout Ratio11.64%27.31%42.98%58.65%74.33%90.00%92.50%
Projected Dividends (M)2,378.875,579.608,776.9411,970.8715,161.4118,348.5619,423.99

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.23%10.23%10.23%
Growth Rate-1.05%-0.05%0.95%
Year 1 PV (M)5,011.075,061.725,112.36
Year 2 PV (M)7,079.427,223.247,368.50
Year 3 PV (M)8,671.778,937.369,208.32
Year 4 PV (M)9,863.9110,268.7510,685.93
Year 5 PV (M)10,721.0911,273.9111,849.31
PV of Terminal Value (M)156,946.20165,038.97173,462.18
Equity Value (M)198,293.47207,803.95217,686.60
Shares Outstanding (M)42,479.8142,479.8142,479.81
Fair Value$4.67$4.89$5.12
Upside / Downside320.54%340.71%361.66%

High-Yield Dividend Screener

« Prev Page 104 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AVIO.MIAvio S.p.A.0.80%$0.2489.27%
DSOL.SGWisdomTree Solana0.80%$0.1219.79%
FLOB.BRFloridienne S.A.0.80%$5.0025.39%
GIGANTE.MXGrupo Gigante, S. A. B. de C. V.0.80%$0.2512.46%
MTC-R.BKMuangthai Capital Public Company Limited0.80%$0.258.48%
002606.SZDalian Insulator Group Co., Ltd0.79%$0.0717.61%
014620.KQSung Kwang Bend Co.,Ltd.0.79%$200.0215.66%
017370.KSWooshin Systems Co., Ltd.0.79%$49.692.66%
300701.SZSenba Sensing Technology Co.,Ltd.0.79%$0.1045.41%
300847.SZHG Technologies Co., Ltd.0.79%$0.1435.02%
301591.SZNanjing Comptech Composites Corp0.79%$0.3237.44%
5306.KLFarm Fresh Berhad0.79%$0.0233.34%
600339.SSChina Petroleum Engineering Corporation0.79%$0.0328.23%
601086.SSGansu Guofang Industry & Trade (Group) Co., Ltd.0.79%$0.0863.39%
603161.SSKehua Holdings Co., Ltd.0.79%$0.1122.02%
603606.SSNingbo Orient Wires & Cables Co.,Ltd.0.79%$0.4732.61%
605033.SSShaanxi Meibang Pharmaceutical Group Co., Ltd.0.79%$0.1672.35%
6463.TTPR Co., Ltd.0.79%$10.256.48%
DANR.MIDanieli & C. Officine Meccaniche S.p.A.0.79%$0.298.39%
GILLETTE.BOGillette India Limited0.79%$65.0036.90%
PAASPan American Silver Corp.0.79%$0.4023.99%
PDSL.BOPDS Limited0.79%$2.9238.22%
SNI.OLStolt-Nielsen Limited0.79%$2.5235.09%
002334.SZShenzhen INVT Electric Co.,Ltd0.78%$0.0720.17%
004140.KSDongbang Transport Logistics Co., Ltd.0.78%$20.037.69%
011070.KSLG Innotek Co., Ltd.0.78%$2,091.9017.12%
2276.HKShanghai Conant Optical Co., Ltd.0.78%$0.4222.72%
229640.KSLS Eco Energy Ltd.0.78%$278.8820.95%
300545.SZShenzhen Liande Automation Equipment co.,ltd.0.78%$0.2430.89%
300922.SZQinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.0.78%$0.1866.08%
301011.SZGuangZhou Wahlap Technology Corporation Limited0.78%$0.2037.38%
3659.TNEXON Co., Ltd.0.78%$29.7521.18%
600360.SSJilin Sino-Microelectronics Co., Ltd.0.78%$0.0634.13%
605167.SSJiangsu Libert Inc.0.78%$0.1326.15%
6736.TSun Corporation0.78%$70.057.32%
688097.SSBOZHON Precision Industry Technology Co.,Ltd0.78%$0.2927.43%
688257.SSShareate Tools Ltd.0.78%$0.2731.76%
9766.TKonami Group Corporation0.78%$165.3826.44%
BBAR.BABanco BBVA Argentina S.A.0.78%$73.3713.95%
CUV.AXClinuvel Pharmaceuticals Limited0.78%$0.106.93%
NSIS-B.CONovozymes A/S0.78%$3.0889.95%
R3NK.BERENK Group AG0.78%$0.4241.42%
VIRP.PAVirbac S.A.0.78%$2.778.47%
002078.SZShandong Sunpaper Co., Ltd.0.77%$0.1210.77%
002225.SZPuyang Refractories Group Co., Ltd.0.77%$0.0446.81%
030610.KSKyobo Securities Co ., Ltd0.77%$72.256.71%
036200.KQUNISEM Co., Ltd.0.77%$80.0020.75%
300863.SZNingbo KBE Electrical Technology Co.,Ltd.0.77%$0.3942.01%
301498.SZGambol Pet Group Co., Ltd.0.77%$0.5030.03%
600577.SSTongling Jingda Special Magnet Wire Co., Ltd.0.77%$0.1034.21%