Definitive Analysis
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Analysis Mode

Ticker

Industry

Sector

Zhejiang Jianye Chemical Co., Ltd. (603948.SS)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$119.42 - $269.73$252.78
Multi-Stage$42.38 - $46.34$44.32
Blended Fair Value$148.55
Current Price$25.36
Upside485.77%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS114.22%0.00%1.011.940.550.200.250.020.370.080.100.15
YoY Growth---47.92%254.52%175.00%-20.59%1,018.81%-93.96%341.65%-16.44%-31.99%0.00%
Dividend Yield--5.59%9.01%2.44%0.69%1.39%0.09%1.81%0.41%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)218.47
(-) Cash Dividends Paid (M)164.54
(=) Cash Retained (M)53.93
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)43.6927.3116.39
Cash Retained (M)53.9353.9353.93
(-) Cash Required (M)-43.69-27.31-16.39
(=) Excess Retained (M)10.2426.6237.54
(/) Shares Outstanding (M)160.92160.92160.92
(=) Excess Retained per Share0.060.170.23
LTM Dividend per Share1.021.021.02
(+) Excess Retained per Share0.060.170.23
(=) Adjusted Dividend1.091.191.26
WACC / Discount Rate6.36%6.36%6.36%
Growth Rate5.40%6.40%7.40%
Fair Value$119.42$252.78$269.73
Upside / Downside370.89%896.76%963.62%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)218.47232.45247.32263.14279.98297.89306.83
Payout Ratio75.31%78.25%81.19%84.13%87.06%90.00%92.50%
Projected Dividends (M)164.54181.89200.80221.37243.76268.11283.82

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.36%6.36%6.36%
Growth Rate5.40%6.40%7.40%
Year 1 PV (M)169.42171.02172.63
Year 2 PV (M)174.19177.51180.86
Year 3 PV (M)178.86184.00189.24
Year 4 PV (M)183.44190.50197.77
Year 5 PV (M)187.92197.01206.44
PV of Terminal Value (M)5,926.216,212.726,510.22
Equity Value (M)6,820.037,132.777,457.16
Shares Outstanding (M)160.92160.92160.92
Fair Value$42.38$44.32$46.34
Upside / Downside67.11%74.78%82.73%

High-Yield Dividend Screener

« Prev Page 13 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
CLColgate-Palmolive Company2.88%$2.2462.40%
TCBKTriCo Bancshares2.87%$1.3537.83%
0U6R.LBunge Limited2.86%$3.0531.37%
FBMSThe First Bancshares, Inc.2.86%$0.9739.72%
RILYGB. Riley Financial, Inc. 5.00% Senior Notes due 20262.86%$0.5856.91%
CNSCohen & Steers, Inc.2.85%$1.8156.91%
MRBKMeridian Corporation2.85%$0.4927.85%
AMGNAmgen Inc.2.84%$9.3172.03%
BKHBlack Hills Corporation2.84%$1.9850.60%
GABCGerman American Bancorp, Inc.2.84%$1.1140.35%
HOMBHome Bancshares, Inc.2.84%$0.7934.17%
KOThe Coca-Cola Company2.84%$1.9665.04%
SBFGSB Financial Group, Inc.2.84%$0.6128.02%
TSBKTimberland Bancorp, Inc.2.84%$1.0027.24%
CATYCathay General Bancorp2.83%$1.3831.20%
CWTCalifornia Water Service Group2.83%$1.2253.25%
EBIXEbix, Inc.2.83%$0.0846.85%
CMS-PBConsumers Energy Company2.82%$2.1762.27%
EPRTEssential Properties Realty Trust, Inc.2.82%$0.8570.58%
GPKGraphic Packaging Holding Company2.82%$0.4324.85%
VALSXValue Line Select Growth Fund2.82%$0.8756.29%
CCNECNB Financial Corporation2.81%$0.7235.05%
ORRFOrrstown Financial Services, Inc.2.81%$0.9826.05%
TXNMTXNM Energy, Inc.2.80%$1.6586.75%
STCStewart Information Services Corporation2.79%$1.9554.56%
CVLYCodorus Valley Bancorp, Inc.2.77%$0.6728.98%
KKRSKKR Group Finance Co. IX LLC 4.2.77%$0.497.61%
SHBIShore Bancshares, Inc.2.77%$0.4828.28%
HNNAHennessy Advisors, Inc.2.76%$0.2721.11%
HONEHarborOne Bancorp, Inc.2.76%$0.3351.05%
KMTKennametal Inc.2.76%$0.8065.12%
PNMPNM Resources, Inc.2.76%$1.1257.65%
HWCHancock Whitney Corporation2.75%$1.7731.35%
YOUClear Secure, Inc.2.75%$0.9550.89%
0HE2.LAmeren Corporation2.74%$2.7853.51%
MTDRMatador Resources Company2.74%$1.1918.96%
OFGOFG Bancorp2.74%$1.1225.13%
VLOValero Energy Corporation2.74%$4.5393.65%
YORWThe York Water Company2.73%$0.8762.37%
CCZComcast Holdings Corp.2.72%$1.6326.92%
KKellanova2.72%$2.2762.18%
ADTADT Inc.2.71%$0.2229.95%
AVTAvnet, Inc.2.71%$1.3448.46%
BKUBankUnited, Inc.2.71%$1.2134.19%
CNOBConnectOne Bancorp, Inc.2.71%$0.7148.64%
GBXThe Greenbrier Companies, Inc.2.71%$1.2819.40%
PBHCPathfinder Bancorp, Inc.2.71%$0.3826.39%
TRINTrinity Capital Inc.2.71%$0.4120.50%
RILYNB. Riley Financial, Inc. - 6.502.70%$0.5856.91%
0L5A.LSempra2.69%$2.4172.79%