Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Zheshang Bank Co., Ltd (601916.SS)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$85.40 - $100.62$94.30
Multi-Stage$23.86 - $26.13$24.97
Blended Fair Value$59.63
Current Price$2.98
Upside1,901.11%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS43.94%70.27%0.200.210.070.160.210.030.150.110.090.00
YoY Growth---3.77%184.15%-53.63%-25.38%553.11%-78.10%32.38%29.75%29,491.20%-70.23%
Dividend Yield--6.75%6.92%2.70%5.01%5.49%0.84%3.14%2.37%1.83%0.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)13,949.00
(-) Cash Dividends Paid (M)8,830.00
(=) Cash Retained (M)5,119.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,789.801,743.631,046.18
Cash Retained (M)5,119.005,119.005,119.00
(-) Cash Required (M)-2,789.80-1,743.63-1,046.18
(=) Excess Retained (M)2,329.203,375.384,072.83
(/) Shares Outstanding (M)27,570.2527,570.2527,570.25
(=) Excess Retained per Share0.080.120.15
LTM Dividend per Share0.320.320.32
(+) Excess Retained per Share0.080.120.15
(=) Adjusted Dividend0.400.440.47
WACC / Discount Rate5.24%5.24%5.24%
Growth Rate5.50%6.50%7.50%
Fair Value$85.40$94.30$100.62
Upside / Downside2,765.88%3,064.27%3,276.50%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)13,949.0014,855.6915,821.3016,849.6917,944.9219,111.3419,684.68
Payout Ratio63.30%68.64%73.98%79.32%84.66%90.00%92.50%
Projected Dividends (M)8,830.0010,197.1811,704.7913,365.3115,192.2417,200.2018,208.33

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.24%5.24%5.24%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)9,598.879,689.859,780.84
Year 2 PV (M)10,371.5410,569.0910,768.50
Year 3 PV (M)11,148.0411,468.0611,794.14
Year 4 PV (M)11,928.3612,387.1012,858.93
Year 5 PV (M)12,712.5413,326.5613,964.08
PV of Terminal Value (M)601,943.44631,017.53661,204.36
Equity Value (M)657,702.79688,458.19720,370.85
Shares Outstanding (M)27,570.2527,570.2527,570.25
Fair Value$23.86$24.97$26.13
Upside / Downside700.52%737.95%776.80%

High-Yield Dividend Screener

« Prev Page 108 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
000657.SZChina Tungsten And Hightech Materals Co.,Ltd0.68%$0.1927.39%
009150.KSSamsung Electro-Mechanics Co., Ltd.0.68%$1,822.8819.91%
300248.SZNewcapec Electronics Co., Ltd.0.68%$0.0942.34%
300304.SZJiangsu Yunyi Electric Co.,Ltd.0.68%$0.0816.20%
300727.SZNingbo Runhe High-Tech Materials Co., Ltd.0.68%$0.2435.64%
300829.SZHenan Jindan Lactic Acid Technology Co., Ltd0.68%$0.1137.09%
3037.TWUnimicron Technology Corp.0.68%$1.5071.82%
600965.SSFortune Ng Fung Food (Hebei) Co.,Ltd0.68%$0.0443.15%
603535.SSGuangzhou Jiacheng International Logistics Co.,Ltd.0.68%$0.0719.97%
603819.SSChangzhou Shenli Electrical Machine Incorporated Company0.68%$0.0867.83%
6174.TWOAker Technology Co., Ltd0.68%$0.1419.31%
688685.SSJiangsu Maixinlin Aviation Science and Technology Corp.0.68%$0.3883.55%
7741.THOYA Corporation0.68%$160.7926.30%
AJA-B.STByggmästare Anders J Ahlström Holding AB (publ)0.68%$0.4354.16%
EWG2.SGEUWAX Gold II0.68%$0.8376.69%
MRB.WAMirbud S.A.0.68%$0.1010.28%
WGN.AXWagners Holding Company Limited0.68%$0.0214.21%
000045.SZShenzhen Textile (Holdings) Co., Ltd.0.67%$0.0859.47%
000524.SZGuangzhou Lingnan Group Holdings Company Limited0.67%$0.0866.62%
002886.SZShenzhen WOTE Advanced Materials Co., Ltd0.67%$0.1591.87%
002912.SZShenzhen Sinovatio Technology Co., Ltd.0.67%$0.2035.64%
006660.KSSamsung Climate Control Co., Ltd.0.67%$96.596.25%
036570.KSNcsoft Corporation0.67%$1,460.118.29%
060250.KQNHN KCP Corp.0.67%$102.418.42%
1913.HKPrada S.p.A.0.67%$0.3047.97%
2343.HKPacific Basin Shipping Limited0.67%$0.0248.96%
300789.SZChengdu Tangyuan Electric Co.,Ltd.0.67%$0.1538.39%
300920.SZZhejiang Runyang New Material Technology Co., Ltd.0.67%$0.3188.17%
600150.SSChina CSSC Holdings Limited0.67%$0.2220.83%
603183.SSSuzhou Institute of Building Science Group Co.,Ltd0.67%$0.0335.25%
603308.SSAnhui Yingliu Electromechanical Co., Ltd.0.67%$0.2853.99%
603686.SSFULONGMA Group Co.,Ltd.0.67%$0.2057.71%
6525.TKokusai Electric Corporation0.67%$36.6425.58%
9247.TTRE Holdings Corporation0.67%$10.723.17%
GCARSOA1.MXGrupo Carso, S.A.B. de C.V.0.67%$0.7815.21%
GIBCGI Inc.0.67%$0.618.14%
HPS-A.TOHammond Power Solutions Inc.0.67%$1.1016.45%
ZYRX.JKPT Zyrexindo Mandiri Buana Tbk0.67%$1.129.50%
095340.KQISC Co., Ltd.0.66%$793.0735.89%
128940.KSHanmi Pharm. Co., Ltd.0.66%$2,913.6031.17%
600738.SSLanzhou Lishang Guochao Industrial Group Co.,Ltd0.66%$0.0331.33%
600988.SSChifeng Jilong Gold Mining Co.,Ltd.0.66%$0.2114.26%
603331.SSZhejiang Baida Precision Manufacturing Corp.0.66%$0.0926.78%
603992.SSXiamen Solex High-tech Industries Co., Ltd.0.66%$0.2740.24%
6702.TFujitsu Limited0.66%$28.4011.32%
AGII.JKPT Samator Indo Gas Tbk0.66%$10.4537.88%
ASME.DEASML Holding N.V.0.66%$6.5226.72%
FNVFranco-Nevada Corporation0.66%$1.3828.98%
FQT.DEFrequentis AG0.66%$0.5118.23%
GOEL.BOGoel Food Products Limited0.66%$0.101.87%