Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

JiaXing Gas Group Co., Ltd. (9908.HK)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$49.71 - $115.64$72.88
Multi-Stage$87.21 - $95.87$91.46
Blended Fair Value$82.17
Current Price$7.11
Upside1,055.66%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS3.39%0.00%0.600.400.150.370.000.510.070.000.000.00
YoY Growth--50.00%166.66%-59.46%0.00%-100.00%600.00%0.00%0.00%0.00%0.00%
Dividend Yield--8.40%5.74%2.00%3.79%0.00%5.15%0.75%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)342.61
(-) Cash Dividends Paid (M)140.26
(=) Cash Retained (M)202.35
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)68.5242.8325.70
Cash Retained (M)202.35202.35202.35
(-) Cash Required (M)-68.52-42.83-25.70
(=) Excess Retained (M)133.83159.53176.66
(/) Shares Outstanding (M)137.84137.84137.84
(=) Excess Retained per Share0.971.161.28
LTM Dividend per Share1.021.021.02
(+) Excess Retained per Share0.971.161.28
(=) Adjusted Dividend1.992.172.30
WACC / Discount Rate5.45%5.45%5.45%
Growth Rate1.39%2.39%3.39%
Fair Value$49.71$72.88$115.64
Upside / Downside599.18%925.01%1,526.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)342.61350.81359.20367.79376.59385.60397.17
Payout Ratio40.94%50.75%60.56%70.38%80.19%90.00%92.50%
Projected Dividends (M)140.26178.04217.54258.83301.98347.04367.38

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.45%5.45%5.45%
Growth Rate1.39%2.39%3.39%
Year 1 PV (M)167.19168.84170.49
Year 2 PV (M)191.84195.64199.48
Year 3 PV (M)214.35220.75227.28
Year 4 PV (M)234.84244.24253.93
Year 5 PV (M)253.44266.19279.44
PV of Terminal Value (M)10,959.8211,511.0612,084.25
Equity Value (M)12,021.4812,606.7213,214.87
Shares Outstanding (M)137.84137.84137.84
Fair Value$87.21$91.46$95.87
Upside / Downside1,126.59%1,186.30%1,248.35%

High-Yield Dividend Screener

« Prev Page 107 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
6850.TChino Corporation0.71%$9.969.27%
688059.SSZhuzhou Huarui Precision Cutting Tools Co.,Ltd0.71%$0.5629.25%
688508.SSWuxi Chipown Micro-electronics limited0.71%$0.4326.46%
9638.HKFerretti S.p.A.0.71%$0.2038.33%
CRAB.JKPT Toba Surimi Industries Tbk0.71%$2.0013.13%
NBRNabors Industries Ltd.0.71%$0.402.93%
000429.SZGuangdong Provincial Expressway Development Co., Ltd.0.70%$0.089.82%
001288.SZSichuan Zigong Conveying Machine Group Co., Ltd.0.70%$0.2229.11%
002131.SZLeo Group Co., Ltd.0.70%$0.0452.22%
002676.SZGuangdong Sunwill Precising Plastic Co.,Ltd0.70%$0.0659.42%
012510.KSDouzone Bizon Co., Ltd.0.70%$627.8325.46%
0306.HKKwoon Chung Bus Holdings Limited0.70%$0.025.99%
0596.HKInspur Digital Enterprise Technology Limited0.70%$0.057.15%
0A28.LProsus N.V.0.70%$0.202.47%
2308.TWDelta Electronics, Inc.0.70%$6.9936.39%
248170.KSSempio Foods Company0.70%$199.906.93%
300570.SZT&S Communications Co.,Ltd.0.70%$0.8148.35%
301121.SZChongqing VDL Electronics Co., Ltd.0.70%$0.2871.34%
600436.SSZhangzhou Pientzehuang Pharmaceutical., Ltd0.70%$1.1929.62%
601179.SSChina XD Electric Co., Ltd0.70%$0.0626.97%
603610.SSKeeson Technology Corporation Limited0.70%$0.1330.85%
603861.SSGuangzhou Baiyun Electric Equipment Co., Ltd.0.70%$0.0920.16%
603931.SSHangzhou Greenda Electronic Materials Co., Ltd.0.70%$0.2234.41%
EBG.AXEumundi Group Limited0.70%$0.0111.04%
FIBRAPL14.MXFIBRA Prologis0.70%$0.5310.31%
GENT.OLGentian Diagnostics ASA0.70%$0.4014.62%
GNP.AXGenusPlus Group Limited0.70%$0.0414.64%
000752.SZTibet Development Co., Ltd.0.69%$0.0813.60%
002370.SZZhejiang Yatai Pharmaceutical Co., Ltd.0.69%$0.0527.70%
002720.KSKukje Pharma Co., Ltd.0.69%$30.079.58%
035900.KQJYP Entertainment Corporation0.69%$534.0010.38%
0YQA.LCarel Industries S.p.A.0.69%$0.1728.52%
163730.KQFinger, Inc.0.69%$70.8522.74%
1698.HKTencent Music Entertainment Group0.69%$0.4813.95%
300274.SZSungrow Power Supply Co., Ltd.0.69%$1.1815.76%
300285.SZShandong Sinocera Functional Material Co., Ltd.0.69%$0.1930.63%
300314.SZNingbo David Medical Device Co., Ltd.0.69%$0.0937.64%
300373.SZYangzhou Yangjie Electronic Technology Co., Ltd.0.69%$0.4719.50%
300434.SZSichuan Goldstone Asia Pharmaceutical Inc.0.69%$0.0722.00%
300800.SZLihe Technology (Hunan) Co., Ltd.0.69%$0.0845.90%
5E2.SISeatrium Ltd0.69%$0.0119.15%
600206.SSGrinm Advanced Materials Co., Ltd.0.69%$0.1442.92%
600760.SSAVIC Shenyang Aircraft Company Limited0.69%$0.3937.55%
601838.SSBank of Chengdu Co., Ltd.0.69%$0.113.53%
603038.SSDongguan Huali Industries Co.,Ltd0.69%$0.1185.83%
603790.SSArgus (Shanghai) Textile Chemicals Co.,Ltd.0.69%$0.1345.04%
605488.SSZhejiang Fulai New Material Co.,Ltd.0.69%$0.2449.43%
EYAPS.ATThessaloniki Water Supply & Sewerage Co S.A.0.69%$0.039.65%
SKBNK.ISSekerbank T.A.S.0.69%$0.054.55%
VBNKVersaBank0.69%$0.1011.57%