Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Sunshine Insurance Group Company Limited (6963.HK)

Company Dividend Discount ModelIndustry: Insurance - DiversifiedSector: Financial Services

Valuation Snapshot

Stable Growth$5.85 - $8.40$7.10
Multi-Stage$9.53 - $10.45$9.98
Blended Fair Value$8.54
Current Price$2.96
Upside188.49%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS20.38%0.00%0.170.180.150.130.030.070.000.000.000.00
YoY Growth---5.23%18.56%12.89%286.96%-48.48%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--6.52%4.47%3.07%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)9,681.00
(-) Cash Dividends Paid (M)4,064.00
(=) Cash Retained (M)5,617.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,936.201,210.13726.08
Cash Retained (M)5,617.005,617.005,617.00
(-) Cash Required (M)-1,936.20-1,210.13-726.08
(=) Excess Retained (M)3,680.804,406.884,890.93
(/) Shares Outstanding (M)11,502.0011,502.0011,502.00
(=) Excess Retained per Share0.320.380.43
LTM Dividend per Share0.350.350.35
(+) Excess Retained per Share0.320.380.43
(=) Adjusted Dividend0.670.740.78
WACC / Discount Rate9.27%9.27%9.27%
Growth Rate-2.00%-1.00%0.00%
Fair Value$5.85$7.10$8.40
Upside / Downside97.76%139.78%183.66%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)9,681.009,584.199,488.359,393.469,299.539,206.539,482.73
Payout Ratio41.98%51.58%61.19%70.79%80.40%90.00%92.50%
Projected Dividends (M)4,064.004,943.845,805.686,649.797,476.438,285.888,771.53

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.27%9.27%9.27%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)4,478.624,524.324,570.02
Year 2 PV (M)4,764.454,862.184,960.90
Year 3 PV (M)4,943.645,096.535,252.54
Year 4 PV (M)5,035.165,243.855,458.95
Year 5 PV (M)5,055.195,318.435,592.52
PV of Terminal Value (M)85,315.7989,758.3994,384.15
Equity Value (M)109,592.87114,803.69120,219.08
Shares Outstanding (M)11,502.0011,502.0011,502.00
Fair Value$9.53$9.98$10.45
Upside / Downside221.90%237.20%253.11%

High-Yield Dividend Screener

« Prev Page 118 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300046.SZTech Semiconductors Co., Ltd.0.42%$0.1554.07%
300633.SZSonoScape Medical Corp.0.42%$0.1171.26%
300784.SZNingbo Lian Technology Co Ltd0.42%$0.2118.81%
3848.HKHaosen Fintech Group Limited0.42%$0.0540.14%
603315.SSLiaoning Fu-An Heavy Industry Co.,Ltd0.42%$0.0743.72%
688116.SSJiangsu Cnano Technology Co., Ltd.0.42%$0.2027.70%
9031.TNishi-Nippon Railroad Co., Ltd.0.42%$11.733.17%
FTITechnipFMC plc0.42%$0.208.56%
OET.OLOkeanis Eco Tankers Corp.0.42%$1.3757.51%
000426.SZInner Mongolia Xingye Mining Co., Ltd.0.41%$0.1516.34%
000733.SZChina Zhenhua (Group) Science & Technology Co., Ltd0.41%$0.2212.62%
002558.SZGiant Network Group Co., Ltd.0.41%$0.1814.46%
011500.KSHannong Chemicals Inc.0.41%$59.2815.90%
060370.KSLS Marine Solution Co Ltd0.41%$119.8745.71%
131370.KQRSUPPORT Co., Ltd.0.41%$10.1720.12%
2059.TWKing Slide Works Co., Ltd.0.41%$14.1421.00%
2303.TDawn Corp.0.41%$10.087.82%
300813.SZZhejiang Tailin BioEngineering Co.,Ltd0.41%$0.1074.11%
300836.SZKunshan TopA Intelligent Equipment Co.,Ltd0.41%$0.2234.17%
300995.SZGuangdong Kitech New Material Holding Co.,Ltd.0.41%$0.1789.60%
5309.KLITMAX System Berhad0.41%$0.0222.92%
600783.SSLuxin Venture Capital Group Co., Ltd.0.41%$0.1043.43%
6151.TNitto Kohki Co., Ltd.0.41%$7.5127.44%
688668.SSDongguan Dingtong Precision Metal Co., Ltd.0.41%$0.5033.68%
688698.SSSuzhou Veichi Electric Co., Ltd.0.41%$0.4133.51%
9676.HKShiyue Daotian Group Co., Ltd.0.41%$0.0317.00%
DISAQ.BODisa India Limited0.41%$50.0015.15%
IBE.MCIberdrola, S.A.0.41%$0.088.79%
KPG.AXKelly Partners Group Holdings Limited0.41%$0.0312.00%
MOTHERSON.BOSamvardhana Motherson International Limited0.41%$0.5016.34%
NMMNavios Maritime Partners L.P.0.41%$0.212.32%
000962.SZNingxia Orient Tantalum Industry Co., Ltd.0.40%$0.1325.03%
001267.SZHui Lyu Ecological Technology Groups Co.,Ltd.0.40%$0.0975.27%
002144.SZHongda High-Tech Holding Co.,Ltd.0.40%$0.0540.68%
002201.SZJiangsu Jiuding New Material Co., Ltd.0.40%$0.0538.29%
002607.SZOffcn Education Technology Co., Ltd.0.40%$0.0162.99%
300637.SZYangfan New Materials (Zhejiang) Co., Ltd.0.40%$0.0592.86%
300751.SZSuzhou Maxwell Technologies Co., Ltd.0.40%$0.8227.62%
301007.SZDalian Demaishi Precision Technology Co., Ltd.0.40%$0.1648.95%
301536.SZSigmaStar Technology Ltd0.40%$0.2439.50%
4483.TJMDC Inc.0.40%$15.8214.01%
600318.SSAnhui Xinli Finance Co., Ltd.0.40%$0.0448.95%
603613.SSBeijing United Information Technology Co.,Ltd.0.40%$0.115.56%
603683.SSShanghai Smith Adhesive New Material Co., Ltd0.40%$0.1046.99%
6562.TGeniee, Inc.0.40%$4.165.26%
688117.SSChengDu ShengNuo Biotec Co.,Ltd.0.40%$0.1521.06%
9720.THotel Newgrand Co.,Ltd.0.40%$24.628.65%
BELE.STBeijer Electronics Group AB (publ)0.40%$0.506.68%
CORU.LCorticeira Amorim, S.G.P.S., S.A.0.40%$0.2943.39%
002843.SZBichamp Cutting Technology (Hunan) Co., Ltd.0.39%$0.0846.56%