DDM Analysis: 300578.SZ

Valuation Snapshot

Stable Growth	$0.21 - $0.27	$0.24
Multi-Stage	$0.38 - $0.42	$0.40
Blended Fair Value	$0.32
Current Price	$18.71
Upside	-98.28%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-47.28%	-34.08%	0.00	0.01	0.01	0.11	0.13	0.09	0.04	0.14	0.20	0.15
YoY Growth	-	-	-65.51%	6.89%	-91.11%	-15.63%	47.28%	132.78%	-74.46%	-28.00%	33.33%	-33.33%
Dividend Yield	-	-	0.02%	0.07%	0.05%	0.51%	0.44%	0.19%	0.14%	0.68%	0.71%	1.99%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	16.64
(-) Cash Dividends Paid (M)	0.17
(=) Cash Retained (M)	16.47

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	3.33	2.08	1.25
Cash Retained (M)	16.47	16.47	16.47
(-) Cash Required (M)	-3.33	-2.08	-1.25
(=) Excess Retained (M)	13.14	14.39	15.22
(/) Shares Outstanding (M)	199.33	199.33	199.33
(=) Excess Retained per Share	0.07	0.07	0.08
LTM Dividend per Share	0.00	0.00	0.00
(+) Excess Retained per Share	0.07	0.07	0.08
(=) Adjusted Dividend	0.07	0.07	0.08
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	-16.32%	-15.32%	-14.32%
Fair Value	$0.21	$0.24	$0.27
Upside / Downside	-98.86%	-98.69%	-98.55%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	16.64	14.09	11.93	10.10	8.56	7.25	7.46
Payout Ratio	1.02%	18.82%	36.61%	54.41%	72.20%	90.00%	92.50%
Projected Dividends (M)	0.17	2.65	4.37	5.50	6.18	6.52	6.90

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	-16.32%	-15.32%	-14.32%
Year 1 PV (M)	2.38	2.41	2.44
Year 2 PV (M)	3.53	3.61	3.70
Year 3 PV (M)	3.99	4.13	4.28
Year 4 PV (M)	4.02	4.22	4.42
Year 5 PV (M)	3.82	4.05	4.29
PV of Terminal Value (M)	57.74	61.27	64.97
Equity Value (M)	75.47	79.69	84.11
Shares Outstanding (M)	199.33	199.33	199.33
Fair Value	$0.38	$0.40	$0.42
Upside / Downside	-97.98%	-97.86%	-97.74%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 13 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
CL	Colgate-Palmolive Company	2.88%	$2.24	62.40%
TCBK	TriCo Bancshares	2.87%	$1.35	37.83%
0U6R.L	Bunge Limited	2.86%	$3.05	31.37%
FBMS	The First Bancshares, Inc.	2.86%	$0.97	39.72%
RILYG	B. Riley Financial, Inc. 5.00% Senior Notes due 2026	2.86%	$0.58	56.91%
CNS	Cohen & Steers, Inc.	2.85%	$1.81	56.91%
MRBK	Meridian Corporation	2.85%	$0.49	27.85%
AMGN	Amgen Inc.	2.84%	$9.31	72.03%
BKH	Black Hills Corporation	2.84%	$1.98	50.60%
GABC	German American Bancorp, Inc.	2.84%	$1.11	40.35%
HOMB	Home Bancshares, Inc.	2.84%	$0.79	34.17%
KO	The Coca-Cola Company	2.84%	$1.96	65.04%
SBFG	SB Financial Group, Inc.	2.84%	$0.61	28.02%
TSBK	Timberland Bancorp, Inc.	2.84%	$1.00	27.24%
CATY	Cathay General Bancorp	2.83%	$1.38	31.20%
CWT	California Water Service Group	2.83%	$1.22	53.25%
EBIX	Ebix, Inc.	2.83%	$0.08	46.85%
CMS-PB	Consumers Energy Company	2.82%	$2.17	62.27%
EPRT	Essential Properties Realty Trust, Inc.	2.82%	$0.85	70.58%
GPK	Graphic Packaging Holding Company	2.82%	$0.43	24.85%
VALSX	Value Line Select Growth Fund	2.82%	$0.87	56.29%
CCNE	CNB Financial Corporation	2.81%	$0.72	35.05%
ORRF	Orrstown Financial Services, Inc.	2.81%	$0.98	26.05%
TXNM	TXNM Energy, Inc.	2.80%	$1.65	86.75%
STC	Stewart Information Services Corporation	2.79%	$1.95	54.56%
CVLY	Codorus Valley Bancorp, Inc.	2.77%	$0.67	28.98%
KKRS	KKR Group Finance Co. IX LLC 4.	2.77%	$0.49	7.61%
SHBI	Shore Bancshares, Inc.	2.77%	$0.48	28.28%
HNNA	Hennessy Advisors, Inc.	2.76%	$0.27	21.11%
HONE	HarborOne Bancorp, Inc.	2.76%	$0.33	51.05%
KMT	Kennametal Inc.	2.76%	$0.80	65.12%
PNM	PNM Resources, Inc.	2.76%	$1.12	57.65%
HWC	Hancock Whitney Corporation	2.75%	$1.77	31.35%
YOU	Clear Secure, Inc.	2.75%	$0.95	50.89%
0HE2.L	Ameren Corporation	2.74%	$2.78	53.51%
MTDR	Matador Resources Company	2.74%	$1.19	18.96%
OFG	OFG Bancorp	2.74%	$1.12	25.13%
VLO	Valero Energy Corporation	2.74%	$4.53	93.65%
YORW	The York Water Company	2.73%	$0.87	62.37%
CCZ	Comcast Holdings Corp.	2.72%	$1.63	26.92%
K	Kellanova	2.72%	$2.27	62.18%
ADT	ADT Inc.	2.71%	$0.22	29.95%
AVT	Avnet, Inc.	2.71%	$1.34	48.46%
BKU	BankUnited, Inc.	2.71%	$1.21	34.19%
CNOB	ConnectOne Bancorp, Inc.	2.71%	$0.71	48.64%
GBX	The Greenbrier Companies, Inc.	2.71%	$1.28	19.40%
PBHC	Pathfinder Bancorp, Inc.	2.71%	$0.38	26.39%
TRIN	Trinity Capital Inc.	2.71%	$0.41	20.50%
RILYN	B. Riley Financial, Inc. - 6.50	2.70%	$0.58	56.91%
0L5A.L	Sempra	2.69%	$2.41	72.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

BizConf Telecom Co.,Ltd. (300578.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener