Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Dongguang Chemical Limited (1702.HK)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$4.55 - $7.15$5.74
Multi-Stage$5.29 - $5.79$5.54
Blended Fair Value$5.64
Current Price$1.55
Upside263.87%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.48%0.00%0.070.070.080.040.050.030.020.000.000.28
YoY Growth--2.64%-14.46%99.14%-23.10%59.50%101.05%0.00%0.00%-100.00%0.00%
Dividend Yield--3.91%3.81%3.59%2.06%3.22%1.59%0.69%0.00%0.00%20.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)276.23
(-) Cash Dividends Paid (M)65.75
(=) Cash Retained (M)210.48
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)55.2534.5320.72
Cash Retained (M)210.48210.48210.48
(-) Cash Required (M)-55.25-34.53-20.72
(=) Excess Retained (M)155.24175.95189.76
(/) Shares Outstanding (M)620.94620.94620.94
(=) Excess Retained per Share0.250.280.31
LTM Dividend per Share0.110.110.11
(+) Excess Retained per Share0.250.280.31
(=) Adjusted Dividend0.360.390.41
WACC / Discount Rate9.93%9.93%9.93%
Growth Rate1.95%2.95%3.95%
Fair Value$4.55$5.74$7.15
Upside / Downside193.36%270.44%361.54%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)276.23284.38292.78301.43310.33319.49329.08
Payout Ratio23.80%37.04%50.28%63.52%76.76%90.00%92.50%
Projected Dividends (M)65.75105.34147.21191.47238.21287.54304.40

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.93%9.93%9.93%
Growth Rate1.95%2.95%3.95%
Year 1 PV (M)94.8995.8296.75
Year 2 PV (M)119.46121.81124.19
Year 3 PV (M)139.96144.12148.36
Year 4 PV (M)156.86163.10169.53
Year 5 PV (M)170.56179.09187.96
PV of Terminal Value (M)2,604.642,734.912,870.34
Equity Value (M)3,286.383,438.863,597.14
Shares Outstanding (M)620.94620.94620.94
Fair Value$5.29$5.54$5.79
Upside / Downside241.45%257.30%273.74%

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%