Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Communications Technology Co., Ltd. (002061.SZ)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$22.29 - $91.23$58.04
Multi-Stage$11.17 - $12.21$11.68
Blended Fair Value$34.86
Current Price$4.15
Upside739.92%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.42%21.72%0.300.280.290.200.150.160.150.150.080.07
YoY Growth--4.71%-3.93%49.89%30.49%-4.62%4.40%1.87%94.17%13.78%61.93%
Dividend Yield--7.60%7.47%6.68%3.99%3.70%4.33%2.37%1.62%1.19%1.51%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,185.61
(-) Cash Dividends Paid (M)659.88
(=) Cash Retained (M)525.73
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)237.12148.2088.92
Cash Retained (M)525.73525.73525.73
(-) Cash Required (M)-237.12-148.20-88.92
(=) Excess Retained (M)288.60377.52436.80
(/) Shares Outstanding (M)2,584.532,584.532,584.53
(=) Excess Retained per Share0.110.150.17
LTM Dividend per Share0.260.260.26
(+) Excess Retained per Share0.110.150.17
(=) Adjusted Dividend0.370.400.42
WACC / Discount Rate7.24%7.24%7.24%
Growth Rate5.50%6.50%7.50%
Fair Value$22.29$58.04$91.23
Upside / Downside437.23%1,298.44%2,098.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,185.611,262.671,344.751,432.151,525.241,624.381,673.12
Payout Ratio55.66%62.53%69.39%76.26%83.13%90.00%92.50%
Projected Dividends (M)659.88789.50933.181,092.201,267.961,461.951,547.63

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.24%7.24%7.24%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)729.31736.22743.14
Year 2 PV (M)796.32811.48826.79
Year 3 PV (M)860.96885.68910.86
Year 4 PV (M)923.30958.81995.33
Year 5 PV (M)983.401,030.901,080.22
PV of Terminal Value (M)24,572.6025,759.4626,991.75
Equity Value (M)28,865.8930,182.5631,548.09
Shares Outstanding (M)2,584.532,584.532,584.53
Fair Value$11.17$11.68$12.21
Upside / Downside169.13%181.40%194.13%

High-Yield Dividend Screener

« Prev Page 112 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
001770.KSShin Hwa Dynamics Co., Ltd.0.56%$100.052.60%
002046.SZSinomach Precision Industry Co.,Ltd.0.56%$0.2445.96%
002826.SZTibet AIM Pharm. Inc.0.56%$0.1022.59%
166090.KQHana Materials Inc.0.56%$252.3014.63%
300320.SZJiangyin Haida Rubber And Plastic Co., Ltd.0.56%$0.0514.89%
300680.SZWuxi Longsheng Technology Co.,Ltd0.56%$0.3124.96%
300758.SZAnshan Hifichem Co., Ltd.0.56%$0.0736.47%
300980.SZHubei Xiangyuan New Material Technology Inc.0.56%$0.1854.54%
301539.SZZhejiang Hongxin Technology Co Ltd0.56%$0.1228.52%
3852.TCyber Com Co., Ltd.0.56%$10.6910.27%
4062.TIbiden Co.,Ltd.0.56%$37.7014.87%
4546.TWOChaheng Precision Co., Ltd.0.56%$0.8010.69%
600917.SSChongqing Gas Group Corporation Ltd.0.56%$0.0318.46%
600961.SSZhuzhou Smelter Group Co.,Ltd.0.56%$0.099.08%
603236.SSQuectel Wireless Solutions Co., Ltd.0.56%$0.5414.56%
603596.SSBethel Automotive Safety Systems Co., Ltd0.56%$0.2913.37%
9992.HKPop Mart International Group Limited0.56%$1.0817.41%
B5A.DEBauer AG0.56%$0.035.00%
SKS.AXSKS Technologies Group Limited0.56%$0.0212.05%
002057.SZSinosteel New Materials Co., Ltd.0.55%$0.0617.87%
002217.SZHolitech Technology Co., Ltd.0.55%$0.023.01%
002664.SZChangying Xinzhi Technology Co.,Ltd.0.55%$0.1397.52%
002755.SZBeijing Aosaikang Pharmaceutical Co., Ltd.0.55%$0.0932.69%
008930.KSHanmi Science Co., Ltd.0.55%$200.1118.02%
079550.KSLIG Nex1 Co., Ltd.0.55%$2,399.7117.16%
2749.TJp-Holdings,Inc.0.55%$3.968.95%
300066.SZSanchuan Wisdom Technology Co., Ltd.0.55%$0.0326.23%
300432.SZMianyang Fulin Precision Co.,Ltd.0.55%$0.0938.06%
300666.SZKonfoong Materials International Co., Ltd0.55%$0.5126.17%
300893.SZZhejiang Songyuan Automotive Safety Systems Co.,Ltd.0.55%$0.1317.35%
300990.SZSanhe Tongfei Refrigeration Co., Ltd.0.55%$0.5032.09%
301009.SZHangzhou Coco Healthcare Products Co.,Ltd.0.55%$0.0750.41%
301207.SZHualan Biological Bacterin Inc.0.55%$0.1086.31%
307950.KSHyundai Autoever Corporation0.55%$1,814.1627.64%
600080.SSGinwa Enterprise (Group) Inc.0.55%$0.0418.56%
600278.SSOrient International Enterprise, Ltd.0.55%$0.0417.25%
600674.SSSichuan Chuantou Energy Co.,Ltd.0.55%$0.088.70%
603860.SSRoadMainT Co.,Ltd.0.55%$0.1725.44%
7730.TMani, Inc.0.55%$7.9914.66%
BHARTIHEXA.NSBharti Hexacom Limited0.55%$10.0032.42%
PERSISTENT.BOPersistent Systems Limited0.55%$34.7532.63%
PTPW.JKPT Pratama Widya Tbk0.55%$5.6911.20%
000037.SZShenzhen Nanshan Power Co., Ltd.0.54%$0.0456.70%
002278.SZShanghai SK Petroleum & Chemical Equipment Corporation Ltd.0.54%$0.0751.99%
002562.SZBrother Enterprises Holding Co.,Ltd.0.54%$0.0336.01%
002655.SZGettop Acoustic Co., Ltd.0.54%$0.0729.95%
002916.SZShennan Circuit Company Limited0.54%$1.2430.55%
0669.HKTechtronic Industries Company Limited0.54%$0.5041.01%
0RSL.LEsker S.A.0.54%$1.4126.60%
1910.HKSamsonite International S.A.0.54%$0.1150.08%