Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Zheshang Bank Co., Ltd (601916.SS)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$10.32 - $23.53$15.02
Multi-Stage$7.77 - $8.47$8.11
Blended Fair Value$11.57
Current Price$2.98
Upside288.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS43.94%70.27%0.200.210.070.160.210.030.150.110.090.00
YoY Growth---3.77%184.15%-53.63%-25.38%553.11%-78.10%32.38%29.75%29,491.20%-70.23%
Dividend Yield--6.75%6.92%2.70%5.01%5.49%0.84%3.14%2.37%1.83%0.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)13,949.00
(-) Cash Dividends Paid (M)8,830.00
(=) Cash Retained (M)5,119.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,789.801,743.631,046.18
Cash Retained (M)5,119.005,119.005,119.00
(-) Cash Required (M)-2,789.80-1,743.63-1,046.18
(=) Excess Retained (M)2,329.203,375.384,072.83
(/) Shares Outstanding (M)27,570.2527,570.2527,570.25
(=) Excess Retained per Share0.080.120.15
LTM Dividend per Share0.320.320.32
(+) Excess Retained per Share0.080.120.15
(=) Adjusted Dividend0.400.440.47
WACC / Discount Rate9.64%9.64%9.64%
Growth Rate5.50%6.50%7.50%
Fair Value$10.32$15.02$23.53
Upside / Downside246.27%404.14%689.54%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)13,949.0014,855.6915,821.3016,849.6917,944.9219,111.3419,684.68
Payout Ratio63.30%68.64%73.98%79.32%84.66%90.00%92.50%
Projected Dividends (M)8,830.0010,197.1811,704.7913,365.3115,192.2417,200.2018,208.33

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.64%9.64%9.64%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)9,213.429,300.759,388.08
Year 2 PV (M)9,555.329,737.329,921.04
Year 3 PV (M)9,858.2810,141.2810,429.64
Year 4 PV (M)10,124.7610,514.1310,914.62
Year 5 PV (M)10,357.0810,857.3311,376.73
PV of Terminal Value (M)165,165.61173,143.18181,426.06
Equity Value (M)214,274.48223,693.99233,456.17
Shares Outstanding (M)27,570.2527,570.2527,570.25
Fair Value$7.77$8.11$8.47
Upside / Downside160.80%172.27%184.15%

High-Yield Dividend Screener

« Prev Page 126 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
OCE.JOOceana Group Limited0.24%$13.2376.46%
SVRL.BOShri Venkatesh Refineries Limi0.24%$0.6910.32%
YULE.JKPT Yulie Sekuritas Indonesia Tbk0.24%$8.0021.47%
000417.SZHefei Department Store Group Co.,Ltd0.23%$0.029.60%
002384.SZSuzhou Dongshan Precision Manufacturing Co., Ltd.0.23%$0.1928.28%
002565.SZShanghai Shunho New Materials Technology Co.,Ltd.0.23%$0.0478.29%
002885.SZShenzhen JingQuanHua Electronics Co.,Ltd.0.23%$0.0623.30%
002896.SZNingbo ZhongDa Leader Intelligent Transmission Co., Ltd.0.23%$0.2156.47%
002905.SZGuangzhou Jinyi Media Corporation0.23%$0.0326.27%
003021.SZShenzhen Zhaowei Machinery & Electronic Co., Ltd.0.23%$0.2927.62%
003240.KSTaekwang Industrial Co., Ltd.0.23%$1,750.040.92%
022100.KQPosco Dx Company Ltd.0.23%$126.3124.59%
300007.SZHanwei Electronics Group Corporation0.23%$0.1249.27%
300096.SZYLZ Information Technology Co., Ltd0.23%$0.0211.84%
300107.SZHebei Jianxin Chemical Co., Ltd.0.23%$0.0277.28%
300380.SZShanghai Amarsoft Information & Technology Co.,Ltd0.23%$0.1057.30%
300969.SZNINGBO HENGSHUAI Co., Ltd.0.23%$0.2917.85%
4475.THennge K.K.0.23%$2.998.29%
600113.SSZhejiang Dongri Limited Company0.23%$0.1541.70%
600148.SSChangchun Yidong Clutch CO.,LTD0.23%$0.0568.26%
603324.SSShanghai Sheng Jian Environment Technology Co., Ltd.0.23%$0.0613.58%
603639.SSHailir Pesticides and Chemicals Group Co.,Ltd.0.23%$0.035.13%
603663.SSSanxiang Advanced Materials Co., Ltd.0.23%$0.0845.25%
688683.SSGuangDong Leary New Material Technology Co.,Ltd0.23%$0.0727.71%
CKS.JOCrookes Brothers Limited0.23%$5.5494.73%
EXX.JOExxaro Resources Limited0.23%$40.9257.17%
ITE.JOItaltile Limited0.23%$2.1185.08%
TROAX.STTroax Group AB (publ)0.23%$0.3485.49%
001336.SZHangzhou Chuhuan Science & Technology Company Limited0.22%$0.0516.21%
002246.SZNorth Chemical Industries Co., Ltd.0.22%$0.0410.63%
002281.SZAccelink Technologies Co,Ltd.0.22%$0.1613.87%
002335.SZKehua Data Co., Ltd.0.22%$0.1214.77%
002494.SZHuasi Holding Company Limited0.22%$0.0129.50%
002511.SZC&S Paper Co.,Ltd0.22%$0.029.57%
002935.SZChengdu Spaceon Electronics Co., Ltd.0.22%$0.0533.23%
0JE5.LAMSC Asa0.22%$0.000.43%
140860.KQPark Systems Corp.0.22%$500.147.60%
2018.HKAAC Technologies Holdings Inc.0.22%$0.093.67%
300031.SZWuxi Boton Technology Co., Ltd.0.22%$0.0511.36%
300049.SZInner Mongolia Furui Medical Science Co., Ltd.0.22%$0.1532.40%
300142.SZWalvax Biotechnology Co., Ltd.0.22%$0.0277.28%
300457.SZShenzhen Yinghe Technology Co., Ltd0.22%$0.0612.53%
300512.SZHangzhou Zhongya Machinery Co., Ltd.0.22%$0.0225.40%
301155.SZJiangsu Haili Wind Power Equipment Technology Co., Ltd.0.22%$0.1812.08%
301392.SZGuangdong Huicheng Vacuum Technology Co., Ltd.0.22%$0.2821.83%
601163.SSTriangle Tyre Co., Ltd0.22%$0.032.73%
603656.SSHefei Taihe Optoelectronic Technology Co., Ltd.0.22%$0.0530.43%
688122.SSWestern Superconducting Technologies Co., Ltd.0.22%$0.1712.77%
688258.SSJiangsu Eazytec Co., Ltd.0.22%$0.1738.53%
688308.SSOKE Precision Cutting Tools Co., Ltd.0.22%$0.0759.97%