Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Binhai Investment Company Limited (2886.HK)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$57.13 - $67.31$63.08
Multi-Stage$12.41 - $13.59$12.99
Blended Fair Value$38.03
Current Price$1.03
Upside3,592.38%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.13%7.85%0.050.100.090.080.030.040.050.040.040.03
YoY Growth---52.15%11.11%13.92%159.87%-22.22%-18.18%10.00%0.00%37.36%40.69%
Dividend Yield--4.11%6.87%5.67%4.94%2.53%2.65%3.78%2.40%2.15%1.28%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)462.77
(-) Cash Dividends Paid (M)169.13
(=) Cash Retained (M)293.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)92.5557.8534.71
Cash Retained (M)293.64293.64293.64
(-) Cash Required (M)-92.55-57.85-34.71
(=) Excess Retained (M)201.09235.79258.93
(/) Shares Outstanding (M)1,367.331,367.331,367.33
(=) Excess Retained per Share0.150.170.19
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share0.150.170.19
(=) Adjusted Dividend0.270.300.31
WACC / Discount Rate5.82%5.82%5.82%
Growth Rate5.50%6.50%7.50%
Fair Value$57.13$63.08$67.31
Upside / Downside5,446.54%6,024.03%6,434.76%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)462.77492.85524.88559.00595.33634.03653.05
Payout Ratio36.55%47.24%57.93%68.62%79.31%90.00%92.50%
Projected Dividends (M)169.13232.81304.05383.58472.15570.63604.07

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.82%5.82%5.82%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)217.93220.00222.07
Year 2 PV (M)266.44271.52276.64
Year 3 PV (M)314.66323.69332.90
Year 4 PV (M)362.58376.52390.86
Year 5 PV (M)410.20430.01450.58
PV of Terminal Value (M)15,390.4616,133.8216,905.64
Equity Value (M)16,962.2717,755.5718,578.69
Shares Outstanding (M)1,367.331,367.331,367.33
Fair Value$12.41$12.99$13.59
Upside / Downside1,104.40%1,160.73%1,219.18%

High-Yield Dividend Screener

« Prev Page 123 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300775.SZXi'an Triangle Defense Co.,Ltd0.30%$0.099.32%
300818.SZNaipu Mining Machinery Co., Ltd.0.30%$0.1132.96%
600784.SSLuyin Investment Group Co.,Ltd.0.30%$0.026.76%
600962.SSSDIC Zhonglu Fruit Juice Co.,Ltd.0.30%$0.0730.06%
603601.SSChongqing Zaisheng Technology Co., Ltd.0.30%$0.0446.68%
603667.SSZhejiang XCC Group Co.,Ltd0.30%$0.2183.57%
605218.SSWays Electron Co.,Ltd.0.30%$0.0623.94%
688109.SSPinming Technology Co., Ltd.0.30%$0.3844.16%
688248.SSChina Southern Power Grid Technology Co.,Ltd0.30%$0.1420.49%
688611.SSHangzhou Kelin Electric Co., Ltd.0.30%$0.1556.17%
AOMD.DEAlstom S.A.0.30%$0.0859.02%
DOFG.OLDOF Group ASA0.30%$0.2919.15%
DRD.JODRDGOLD Limited0.30%$15.3940.74%
HYDROGEN.BKHYDROGEN Freehold And Leasehold Real Estate Investment Trust0.30%$0.023.25%
SONACOMS.BOSona BLW Precision Forgings Limited0.30%$1.4414.64%
SRT3.DESartorius AG0.30%$0.7329.96%
SVMSilvercorp Metals Inc.0.30%$0.0321.82%
002079.SZSuzhou Good-Ark Electronics Co., Ltd.0.29%$0.0323.72%
002268.SZCETC Cyberspace Security Technology Co., Ltd.0.29%$0.0632.01%
002389.SZAerospace CH UAV Co.,Ltd0.29%$0.0776.61%
002703.SZZhejiang Shibao Company Limited0.29%$0.0626.72%
071090.KSHisteel Co.,Ltd.0.29%$10.0354.30%
0A37.LBetsson AB0.29%$0.4330.16%
300101.SZChengdu CORPRO Technology Co., Ltd.0.29%$0.0876.66%
300731.SZShenzhen Cotran New Material Co.,Ltd.0.29%$0.1762.10%
300811.SZPOCO Holding Co., Ltd.0.29%$0.2015.44%
300872.SZTansun Technology Co., Ltd.0.29%$0.0657.03%
300942.SZShenzhen Bioeasy Biotechnology Co., Ltd.0.29%$0.0335.42%
300963.SZShanghai Zhongzhou Special Alloy Materials Co., Ltd.0.29%$0.0635.64%
300991.SZShenzhen Chuangyitong Technology Co.,Ltd.0.29%$0.1269.32%
600250.SSNanjing Business & Tourism Corp., Ltd.0.29%$0.0341.28%
600851.SSShanghai Haixin Group Co., Ltd.0.29%$0.0215.14%
603086.SSShanDong Cynda Chemical Co.,Ltd0.29%$0.026.33%
603501.SSOmniVision Integrated Circuits Group, Inc.0.29%$0.3610.31%
CFN.LSCofina, SGPS, S.A.0.29%$0.0327.20%
INDES.ISIndeks Bilgisayar Sistemleri Mühendislik Sanayi ve Ticaret Anonim Sirketi0.29%$0.022.69%
VGSB.MEVolgogradenergosbyt Public Joint-Stock Company0.29%$0.040.80%
VIDLI.BOVidli Restaurants Limited0.29%$0.2148.58%
000957.SZZhongtong Bus Holding Co., Ltd.0.28%$0.035.64%
002709.SZGuangzhou Tinci Materials Technology Co., Ltd.0.28%$0.1344.28%
002716.SZHunan Silver Co.,Ltd.0.28%$0.0226.82%
101490.KQS&S Tech Corporation0.28%$146.128.45%
300613.SZShanghai Fullhan Microelectronics Co., Ltd.0.28%$0.1319.15%
300681.SZZhuhai Enpower Electric Co.,Ltd.0.28%$0.0712.42%
301008.SZZhejiang Hongchang Electrical Technology Co., Ltd.0.28%$0.1037.02%
600392.SSShenghe Resources Holding Co., Ltd0.28%$0.0611.91%
600422.SSKPC Pharmaceuticals, Inc.0.28%$0.034.93%
600550.SSBaoding Tianwei Baobian Electric Co., Ltd.0.28%$0.0334.90%
601069.SSWestern Region Gold Co., Ltd.0.28%$0.0821.77%
603039.SSWeaver Network Technology Co., Ltd.0.28%$0.1517.86%