Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Shenyang Jinbei Automotive Company Limited (600609.SS)

Company Dividend Discount ModelIndustry: Auto - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$1.10 - $1.51$1.30
Multi-Stage$2.77 - $3.06$2.91
Blended Fair Value$2.11
Current Price$4.86
Upside-56.64%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-33.64%-24.36%0.010.030.040.050.120.110.050.240.200.16
YoY Growth---54.74%-25.67%-12.24%-59.95%8.82%111.33%-78.19%21.15%25.87%-32.21%
Dividend Yield--0.23%0.66%0.98%0.96%2.62%2.76%1.24%4.55%2.43%3.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)270.55
(-) Cash Dividends Paid (M)111.64
(=) Cash Retained (M)158.91
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)54.1133.8220.29
Cash Retained (M)158.91158.91158.91
(-) Cash Required (M)-54.11-33.82-20.29
(=) Excess Retained (M)104.80125.09138.62
(/) Shares Outstanding (M)1,303.521,303.521,303.52
(=) Excess Retained per Share0.080.100.11
LTM Dividend per Share0.090.090.09
(+) Excess Retained per Share0.080.100.11
(=) Adjusted Dividend0.170.180.19
WACC / Discount Rate7.25%7.25%7.25%
Growth Rate-6.86%-5.86%-4.86%
Fair Value$1.10$1.30$1.51
Upside / Downside-77.44%-73.16%-68.96%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)270.55254.71239.79225.75212.53200.08206.09
Payout Ratio41.26%51.01%60.76%70.51%80.25%90.00%92.50%
Projected Dividends (M)111.64129.93145.69159.16170.56180.07190.63

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.25%7.25%7.25%
Growth Rate-6.86%-5.86%-4.86%
Year 1 PV (M)119.86121.14122.43
Year 2 PV (M)123.98126.66129.36
Year 3 PV (M)124.95129.02133.17
Year 4 PV (M)123.52128.91134.47
Year 5 PV (M)120.30126.90133.78
PV of Terminal Value (M)2,996.013,160.323,331.77
Equity Value (M)3,608.613,792.943,984.99
Shares Outstanding (M)1,303.521,303.521,303.52
Fair Value$2.77$2.91$3.06
Upside / Downside-43.04%-40.13%-37.10%

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%