Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ping An Bank Co., Ltd. (000001.SZ)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$141.72 - $417.03$390.82
Multi-Stage$57.06 - $62.45$59.71
Blended Fair Value$225.26
Current Price$11.34
Upside1,886.45%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS45.02%30.35%1.050.410.350.310.290.160.160.170.110.10
YoY Growth--157.47%15.20%14.70%7.06%76.10%4.83%-10.54%63.86%10.11%30.53%
Dividend Yield--9.32%3.83%2.82%2.01%1.31%1.28%1.18%1.60%1.16%1.09%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)43,118.00
(-) Cash Dividends Paid (M)14,648.00
(=) Cash Retained (M)28,470.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8,623.605,389.753,233.85
Cash Retained (M)28,470.0028,470.0028,470.00
(-) Cash Required (M)-8,623.60-5,389.75-3,233.85
(=) Excess Retained (M)19,846.4023,080.2525,236.15
(/) Shares Outstanding (M)20,562.2020,562.2020,562.20
(=) Excess Retained per Share0.971.121.23
LTM Dividend per Share0.710.710.71
(+) Excess Retained per Share0.971.121.23
(=) Adjusted Dividend1.681.831.94
WACC / Discount Rate6.75%6.75%6.75%
Growth Rate5.50%6.50%7.50%
Fair Value$141.72$390.82$417.03
Upside / Downside1,149.71%3,346.38%3,577.53%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)43,118.0045,920.6748,905.5152,084.3755,469.8659,075.4060,847.66
Payout Ratio33.97%45.18%56.38%67.59%78.79%90.00%92.50%
Projected Dividends (M)14,648.0020,745.8227,574.4635,203.1843,707.1353,167.8656,284.08

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.75%6.75%6.75%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)19,251.7519,434.2319,616.71
Year 2 PV (M)23,745.7824,198.0724,654.62
Year 3 PV (M)28,132.0228,939.5929,762.47
Year 4 PV (M)32,412.3833,658.8734,940.97
Year 5 PV (M)36,588.7538,356.0040,190.88
PV of Terminal Value (M)1,033,205.501,083,109.711,134,923.87
Equity Value (M)1,173,336.171,227,696.471,284,089.53
Shares Outstanding (M)20,562.2020,562.2020,562.20
Fair Value$57.06$59.71$62.45
Upside / Downside403.20%426.51%450.70%

High-Yield Dividend Screener

« Prev Page 130 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002644.SZLanZhou Foci Pharmaceutical Co.,Ltd.0.15%$0.0110.93%
002738.SZSinomine Resource Group Co., Ltd.0.15%$0.1220.13%
0029.HKDynamic Holdings Limited0.15%$0.020.09%
078600.KQDaejoo Electronic Materials Co., Ltd.0.15%$90.184.20%
300005.SZToread Holdings Group Co., Ltd.0.15%$0.0237.30%
300638.SZFibocom Wireless Inc.0.15%$0.0410.30%
600410.SSBeijing Teamsun Technology Co.,Ltd.0.15%$0.034.97%
600618.SSShanghai Chlor-Alkali Chemical Co., Ltd.0.15%$0.022.63%
600641.SSShanghai Vital Microtech Co., Ltd.0.15%$0.0315.04%
601599.SSZhewen Pictures Group co.,ltd0.15%$0.015.94%
603117.SSJiangsu Wanlin Modern Logistics Co., Ltd.0.15%$0.0161.86%
603210.SSZhejiang Tion Vanly Tech Co0.15%$0.035.01%
BC88.LChemring Group PLC0.15%$0.1586.91%
DOHOME.BKDohome Public Company Limited0.15%$0.012.57%
DUKE.LDuke Capital Limited0.15%$0.044.12%
NED.JONedbank Group Limited0.15%$40.8660.21%
NPAPER.STNordic Paper Holding AB (publ)0.15%$0.071.28%
RLO.JOReunert Limited0.15%$9.3879.06%
SBK.JOStandard Bank Group Limited0.15%$44.1377.73%
SORILINFRA.NSSORIL Infra Resources Limited0.15%$0.105.16%
SWEF.LStarwood European Real Estate Finance Ltd.0.15%$0.1391.01%
000586.SZSichuan Huiyuan Optical Communication Co., Ltd.0.14%$0.0244.33%
000856.SZTangshan Jidong Equipment and Engineering Co.,Ltd.0.14%$0.0117.85%
002639.SZFujian Snowman Co., Ltd.0.14%$0.0348.98%
002728.SZTeyi Pharmaceutical Group Co.,Ltd0.14%$0.029.58%
005690.KSPharmicell Co., Ltd.0.14%$19.964.17%
035720.KSKakao Corp.0.14%$88.5718.25%
0NJ5.LSafilo Group S.p.A.0.14%$0.001.58%
2209.HKYesAsia Holdings Limited0.14%$0.016.15%
300054.SZHubei Dinglong CO.,Ltd.0.14%$0.057.62%
300395.SZHubei Feilihua Quartz Glass Co., Ltd.0.14%$0.1417.56%
300476.SZVictory Giant Technology (HuiZhou)Co.,Ltd.0.14%$0.399.34%
300747.SZWuhan Raycus Fiber Laser Technologies Co.,Ltd.0.14%$0.0415.51%
301205.SZLinktel Technologies Co., Ltd.0.14%$0.2427.45%
3678.HKHolly Futures Co., Ltd.0.14%$0.0034.97%
600367.SSGuizhou RedStar Developing Co.,Ltd.0.14%$0.025.81%
600749.SSTibet Tourism Co.,Ltd0.14%$0.0217.67%
601949.SSChina Publishing & Media Holdings Co., Ltd.0.14%$0.013.01%
603893.SSRockchip Electronics Co., Ltd.0.14%$0.2410.24%
688280.SSJing-jin Electric Technologies Co.,Ltd.0.14%$0.0121.75%
688386.SSPan Asian Microvent Tech (Jiangsu) Corporation0.14%$0.128.84%
ABDN.LAbrdn Plc0.14%$0.2982.86%
BNREBrookfield Reinsurance Ltd.0.14%$0.080.97%
CARD.LCard Factory plc0.14%$0.0938.71%
CLIG.LCity of London Investment Group PLC0.14%$0.5386.50%
EMG.LMan Group Limited0.14%$0.3377.80%
HDC.JOHudaco Industries Limited0.14%$28.8074.88%
HFEL.LHenderson Far East Income Limited0.14%$0.3571.74%
MLPT.JKPT Multipolar Technology Tbk0.14%$86.0051.13%
MONY.LMony Group PLC0.14%$0.2583.28%