Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hongda High-Tech Holding Co.,Ltd. (002144.SZ)

Company Dividend Discount ModelIndustry: Apparel - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$2.55 - $6.25$3.80
Multi-Stage$10.13 - $11.17$10.64
Blended Fair Value$7.22
Current Price$12.54
Upside-42.41%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.95%-2.62%0.160.110.100.100.100.100.150.150.150.20
YoY Growth--46.23%6.33%0.00%-1.91%0.66%-33.27%-0.95%3.13%-26.14%-0.81%
Dividend Yield--1.38%1.10%0.88%0.95%1.13%1.12%1.23%1.16%0.71%0.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)21.80
(-) Cash Dividends Paid (M)8.87
(=) Cash Retained (M)12.93
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4.362.731.64
Cash Retained (M)12.9312.9312.93
(-) Cash Required (M)-4.36-2.73-1.64
(=) Excess Retained (M)8.5710.2111.30
(/) Shares Outstanding (M)176.23176.23176.23
(=) Excess Retained per Share0.050.060.06
LTM Dividend per Share0.050.050.05
(+) Excess Retained per Share0.050.060.06
(=) Adjusted Dividend0.100.110.11
WACC / Discount Rate3.12%3.12%3.12%
Growth Rate-0.73%0.27%1.27%
Fair Value$2.55$3.80$6.25
Upside / Downside-79.67%-69.67%-50.16%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)21.8021.8621.9221.9822.0422.1022.76
Payout Ratio40.68%50.54%60.41%70.27%80.14%90.00%92.50%
Projected Dividends (M)8.8711.0513.2415.4417.6619.8921.05

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate3.12%3.12%3.12%
Growth Rate-0.73%0.27%1.27%
Year 1 PV (M)10.6110.7110.82
Year 2 PV (M)12.2012.4512.70
Year 3 PV (M)13.6714.0814.51
Year 4 PV (M)15.0015.6216.25
Year 5 PV (M)16.2217.0517.92
PV of Terminal Value (M)1,716.991,805.231,897.07
Equity Value (M)1,784.691,875.151,969.27
Shares Outstanding (M)176.23176.23176.23
Fair Value$10.13$10.64$11.17
Upside / Downside-19.24%-15.15%-10.89%

High-Yield Dividend Screener

« Prev Page 11 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
THFFFirst Financial Corporation3.32%$1.9831.67%
IRDMIridium Communications Inc.3.31%$0.5949.66%
PDCOPatterson Companies, Inc.3.31%$1.0466.64%
0HRZ.LCoterra Energy Inc.3.30%$0.8840.64%
ACIAlbertsons Companies, Inc.3.30%$0.5733.33%
KDPKeurig Dr Pepper Inc.3.30%$0.9278.89%
SPBSpectrum Brands Holdings, Inc.3.30%$1.9848.25%
0IUX.LGenuine Parts Company3.29%$4.0569.77%
BGBunge Global S.A.3.29%$3.0531.37%
HDGCXThe Hartford Dividend and Growth Fund Class C3.29%$1.0820.58%
PSBDPalmer Square Capital BDC Inc.3.29%$0.4090.32%
LIENChicago Atlantic BDC, Inc.3.28%$0.3423.50%
REXRRexford Industrial Realty, Inc.3.28%$1.2890.14%
CVCYCentral Valley Community Bancorp3.27%$0.5832.80%
F-PDFord Motor Company 6.500% Notes3.27%$0.7463.45%
FSBWFS Bancorp, Inc.3.27%$1.3331.78%
TRNOTerreno Realty Corporation3.27%$1.9362.02%
0I1P.LComerica Incorporated3.26%$2.8252.30%
ALEXAlexander & Baldwin, Inc.3.26%$0.6766.95%
BRXBrixmor Property Group Inc.3.26%$0.8578.30%
AGM-PCFederal Agricultural Mortgage Corporation3.24%$7.8539.89%
HTOH2O America3.24%$1.6052.08%
WECWEC Energy Group, Inc.3.24%$3.4566.21%
XOMExxon Mobil Corporation3.24%$3.9857.54%
SCLStepan Company3.22%$1.5276.82%
HBTHBT Financial, Inc.3.21%$0.8333.20%
KALUKaiser Aluminum Corporation3.21%$3.8670.13%
SMPStandard Motor Products, Inc.3.20%$1.1838.74%
0QZA.LConocoPhillips3.19%$3.0943.65%
PAGPenske Automotive Group, Inc.3.18%$5.0435.22%
CRBGCorebridge Financial, Inc.3.17%$0.9652.57%
EDConsolidated Edison, Inc.3.17%$3.1756.36%
LARKLandmark Bancorp, Inc.3.17%$0.8238.75%
NBPU.LNB Private Equity Partners Limited3.17%$0.6770.20%
PFBCPreferred Bank3.16%$3.0329.67%
HNIHNI Corporation3.15%$1.3444.63%
RBBRBB Bancorp3.15%$0.6443.45%
FGF&G Annuities & Life, Inc.3.14%$0.9428.23%
NBHCNational Bank Holdings Corporation3.14%$1.1937.27%
0KZA.LSM Energy Company3.13%$0.609.44%
CBUCommunity Bank System, Inc.3.13%$1.8246.85%
DTEDTE Energy Company3.13%$4.0887.19%
RNSTRenasant Corporation3.13%$1.1148.14%
BSRRSierra Bancorp3.11%$1.0134.68%
FCFFirst Commonwealth Financial Corporation3.11%$0.5238.19%
PNCThe PNC Financial Services Group, Inc.3.11%$6.5739.89%
PRKPark National Corporation3.11%$4.8044.20%
GEFGreif, Inc.3.10%$2.1212.04%
0QAH.LMerck & Co., Inc.3.09%$3.2542.60%
BANRBanner Corporation3.09%$1.9335.15%