Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. (600895.SS)

Company Dividend Discount ModelIndustry: Real Estate - DevelopmentSector: Real Estate

Valuation Snapshot

Stable Growth$27.22 - $135.95$56.93
Multi-Stage$21.30 - $23.32$22.29
Blended Fair Value$39.61
Current Price$54.95
Upside-27.92%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS19.31%6.96%0.780.160.530.360.360.320.280.360.290.29
YoY Growth--394.30%-70.24%49.37%-2.02%12.32%15.58%-22.91%26.75%-2.61%-26.31%
Dividend Yield--3.14%0.78%3.22%2.59%2.17%2.66%1.20%2.69%1.66%1.34%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,087.98
(-) Cash Dividends Paid (M)721.91
(=) Cash Retained (M)366.06
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)217.60136.0081.60
Cash Retained (M)366.06366.06366.06
(-) Cash Required (M)-217.60-136.00-81.60
(=) Excess Retained (M)148.47230.06284.46
(/) Shares Outstanding (M)1,570.491,570.491,570.49
(=) Excess Retained per Share0.090.150.18
LTM Dividend per Share0.460.460.46
(+) Excess Retained per Share0.090.150.18
(=) Adjusted Dividend0.550.610.64
WACC / Discount Rate6.20%6.20%6.20%
Growth Rate4.08%5.08%6.08%
Fair Value$27.22$56.93$135.95
Upside / Downside-50.46%3.60%147.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,087.981,143.211,201.251,262.231,326.311,393.641,435.45
Payout Ratio66.35%71.08%75.81%80.54%85.27%90.00%92.50%
Projected Dividends (M)721.91812.63910.691,016.621,130.961,254.281,327.79

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.20%6.20%6.20%
Growth Rate4.08%5.08%6.08%
Year 1 PV (M)757.94765.22772.50
Year 2 PV (M)792.23807.53822.97
Year 3 PV (M)824.86848.87873.33
Year 4 PV (M)855.87889.24923.58
Year 5 PV (M)885.32928.67973.71
PV of Terminal Value (M)29,328.5130,764.8332,256.88
Equity Value (M)33,444.7335,004.3636,622.99
Shares Outstanding (M)1,570.491,570.491,570.49
Fair Value$21.30$22.29$23.32
Upside / Downside-61.25%-59.44%-57.56%

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%