DDM Analysis: 002885.SZ

Valuation Snapshot

Stable Growth	$13.87 - $49.56	$44.94
Multi-Stage	$6.26 - $6.85	$6.55
Blended Fair Value	$25.74
Current Price	$18.63
Upside	38.18%
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	-14.30%	43.67%	0.04	0.09	0.04	0.02	0.07	0.08	0.03	0.02	0.03	0.03
YoY Growth	-	-	-57.38%	108.71%	90.11%	-67.45%	-16.00%	190.39%	89.32%	-54.69%	21.70%	2,572.61%
Dividend Yield	-	-	0.29%	0.64%	0.18%	0.16%	0.77%	0.78%	0.24%	0.14%	0.48%	0.39%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	67.75
(-) Cash Dividends Paid (M)	15.79
(=) Cash Retained (M)	51.96

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	13.55	8.47	5.08
Cash Retained (M)	51.96	51.96	51.96
(-) Cash Required (M)	-13.55	-8.47	-5.08
(=) Excess Retained (M)	38.41	43.49	46.88
(/) Shares Outstanding (M)	271.85	271.85	271.85
(=) Excess Retained per Share	0.14	0.16	0.17
LTM Dividend per Share	0.06	0.06	0.06
(+) Excess Retained per Share	0.14	0.16	0.17
(=) Adjusted Dividend	0.20	0.22	0.23
WACC / Discount Rate	7.02%	7.02%	7.02%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$13.87	$44.94	$49.56
Upside / Downside	-25.57%	141.23%	166.02%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	67.75	72.15	76.84	81.83	87.15	92.82	95.60
Payout Ratio	23.30%	36.64%	49.98%	63.32%	76.66%	90.00%	92.50%
Projected Dividends (M)	15.79	26.44	38.40	51.82	66.81	83.54	88.43

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.02%	7.02%	7.02%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	24.47	24.70	24.94
Year 2 PV (M)	32.91	33.53	34.17
Year 3 PV (M)	41.10	42.28	43.48
Year 4 PV (M)	49.05	50.94	52.88
Year 5 PV (M)	56.77	59.51	62.36
PV of Terminal Value (M)	1,496.20	1,568.47	1,643.50
Equity Value (M)	1,700.50	1,779.43	1,861.32
Shares Outstanding (M)	271.85	271.85	271.85
Fair Value	$6.26	$6.55	$6.85
Upside / Downside	-66.42%	-64.87%	-63.25%

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

Shenzhen JingQuanHua Electronics Co.,Ltd. (002885.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener