Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Changhong Meiling Co., Ltd. (000521.SZ)

Company Dividend Discount ModelIndustry: Furnishings, Fixtures & AppliancesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$14.39 - $36.39$21.68
Multi-Stage$10.35 - $11.29$10.81
Blended Fair Value$16.24
Current Price$7.13
Upside127.81%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.92%17.89%0.320.110.080.100.110.140.120.100.070.05
YoY Growth--185.03%38.57%-16.09%-11.69%-22.10%13.69%23.44%54.45%23.53%-15.06%
Dividend Yield--3.89%1.23%1.51%2.63%2.98%4.38%3.09%2.32%0.92%0.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)657.24
(-) Cash Dividends Paid (M)359.07
(=) Cash Retained (M)298.16
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)131.4582.1549.29
Cash Retained (M)298.16298.16298.16
(-) Cash Required (M)-131.45-82.15-49.29
(=) Excess Retained (M)166.72216.01248.87
(/) Shares Outstanding (M)1,029.581,029.581,029.58
(=) Excess Retained per Share0.160.210.24
LTM Dividend per Share0.350.350.35
(+) Excess Retained per Share0.160.210.24
(=) Adjusted Dividend0.510.560.59
WACC / Discount Rate9.24%9.24%9.24%
Growth Rate5.50%6.50%7.50%
Fair Value$14.39$21.68$36.39
Upside / Downside101.81%204.01%410.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)657.24699.96745.45793.91845.51900.47927.48
Payout Ratio54.63%61.71%68.78%75.85%82.93%90.00%92.50%
Projected Dividends (M)359.07431.92512.72602.21701.16810.42857.92

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.24%9.24%9.24%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)391.66395.37399.08
Year 2 PV (M)421.59429.62437.73
Year 3 PV (M)449.01461.90475.03
Year 4 PV (M)474.06492.29511.04
Year 5 PV (M)496.86520.85545.77
PV of Terminal Value (M)8,423.228,830.069,252.48
Equity Value (M)10,656.3911,130.0911,621.13
Shares Outstanding (M)1,029.581,029.581,029.58
Fair Value$10.35$10.81$11.29
Upside / Downside45.16%51.62%58.31%

High-Yield Dividend Screener

« Prev Page 119 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
003350.KSHankook Cosmetics Manufacturing Co., Ltd0.39%$200.002.82%
069620.KSDaewoong pharmaceutical Co.,Ltd0.39%$639.609.80%
2442.TWJean Co.,Ltd0.39%$0.1012.79%
300354.SZDongHua Testing Technology Co. , Ltd.0.39%$0.1819.89%
300707.SZVT Industrial Technology Co.,Ltd0.39%$0.0648.39%
3397.TTORIDOLL Holdings Corporation0.39%$16.4331.03%
AIX2.FAixtron Se0.39%$0.1615.58%
GDG.AXGeneration Development Group Limited0.39%$0.023.79%
ISUR.MCInmobiliaria del Sur, S.A.0.39%$0.0639.75%
002128.SZInner Mongolia Dian Tou Energy Corporation Limited0.38%$0.114.74%
002364.SZHangzhou Zhongheng Electric Co., Ltd0.38%$0.1058.42%
002570.SZBeingmate Co., Ltd.0.38%$0.0220.08%
002636.SZGoldenmax International Technology Ltd.0.38%$0.0641.65%
1855.HKZonqing Environmental Limited0.38%$0.002.43%
300886.SZAnhui Hyea Aromas Co., Ltd.0.38%$0.1025.58%
301168.SZJiangsu TongLin Electric Co.,Ltd.0.38%$0.1846.40%
5401.KLTropicana Corporation Berhad0.38%$0.005.70%
600255.SSAnhui Xinke New Materials Co.,Ltd0.38%$0.0162.22%
600460.SSHangzhou Silan Microelectronics Co., Ltd0.38%$0.1133.03%
600507.SSFangda Special Steel Technology Co., Ltd.0.38%$0.026.00%
600684.SSGuangzhou Pearl River Development Group Co., Ltd.0.38%$0.0240.70%
603171.SSServyou Software Group Co., Ltd.0.38%$0.2179.32%
688309.SSNiutech Environment Technology Corporation0.38%$0.0922.96%
688315.SSNovogene Co., Ltd.0.38%$0.0511.56%
688578.SSShanghai Allist Pharmaceuticals Co., Ltd.0.38%$0.409.08%
7191.TEntrust Inc.0.38%$4.486.85%
IMPPImperial Petroleum Inc.0.38%$0.011.28%
VIH1.DEVIB Vermögen AG0.38%$0.042.85%
002040.SZNanjing Port Co., Ltd.0.37%$0.0410.56%
002497.SZSichuan Yahua Industrial Group Co., Ltd.0.37%$0.0923.46%
002553.SZJiangsu NanFang Precision Co.,Ltd.0.37%$0.1010.30%
1258.HKChina Nonferrous Mining Corporation Limited0.37%$0.0629.37%
300403.SZHanyu Group Joint-Stock Co., Ltd.0.37%$0.0514.20%
300425.SZCscec Scimee Sci.&Tech. Co.,Ltd0.37%$0.0220.23%
300445.SZBeijing ConST Instruments Technology Inc.0.37%$0.1015.61%
300549.SZJouder Precision Industry (Kunshan) Co., Ltd.0.37%$0.0796.31%
300785.SZBeijing Zhidemai Technology Co., Ltd.0.37%$0.1638.45%
301608.SZShenzhen Boshijie Technology Co Ltd0.37%$0.3413.54%
3563.TFood & Life Companies Ltd.0.37%$29.5214.77%
5211.KLSunway Berhad0.37%$0.0212.24%
600420.SSShanghai Shyndec Pharmaceutical Co., Ltd.0.37%$0.045.33%
600671.SSHangzhou TianMuShan Pharmaceutical Enterprise Co.,Ltd0.37%$0.0623.74%
600764.SSChina Marine Information Electronics Company Limited0.37%$0.1030.43%
601766.SSCRRC Corporation Limited0.37%$0.034.85%
603002.SSEpoxy Base Electronic Material Corporation Limited0.37%$0.0381.64%
603009.SSShanghai Beite Technology Co., Ltd.0.37%$0.1858.70%
603363.SSFujian Aonong Biological Technology Group Incorporation Limited0.37%$0.022.43%
6545.Tinternet infinity Inc.0.37%$2.405.26%
688028.SSBeijing Worldia Diamond Tools Co.,Ltd.0.37%$0.2438.20%
688285.SSChina Railway High-speed Electrification Equipment Corporation Limited0.37%$0.0320.73%