Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Cheerwin Group Limited (6601.HK)

Company Dividend Discount ModelIndustry: Household & Personal ProductsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$2.05 - $2.91$2.48
Multi-Stage$3.27 - $3.58$3.42
Blended Fair Value$2.95
Current Price$2.55
Upside15.70%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS-6.60%0.00%0.120.060.070.040.190.170.160.000.000.00
YoY Growth--86.98%-12.62%63.86%-76.41%12.55%0.93%0.00%0.00%0.00%0.00%
Dividend Yield--6.97%4.85%4.45%1.74%2.78%2.32%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)415.46
(-) Cash Dividends Paid (M)241.07
(=) Cash Retained (M)174.39
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)83.0951.9331.16
Cash Retained (M)174.39174.39174.39
(-) Cash Required (M)-83.09-51.93-31.16
(=) Excess Retained (M)91.30122.46143.23
(/) Shares Outstanding (M)1,333.331,333.331,333.33
(=) Excess Retained per Share0.070.090.11
LTM Dividend per Share0.180.180.18
(+) Excess Retained per Share0.070.090.11
(=) Adjusted Dividend0.250.270.29
WACC / Discount Rate9.90%9.90%9.90%
Growth Rate-2.00%-1.00%0.00%
Fair Value$2.05$2.48$2.91
Upside / Downside-19.51%-2.90%14.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)415.46411.30407.19403.12399.08395.09406.95
Payout Ratio58.02%64.42%70.81%77.21%83.60%90.00%92.50%
Projected Dividends (M)241.07264.96288.35311.24333.65355.58376.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.90%9.90%9.90%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)238.65241.09243.52
Year 2 PV (M)233.93238.73243.58
Year 3 PV (M)227.44234.47241.65
Year 4 PV (M)219.61228.71238.09
Year 5 PV (M)210.80221.78233.21
PV of Terminal Value (M)3,233.473,401.853,577.16
Equity Value (M)4,363.914,566.634,777.21
Shares Outstanding (M)1,333.331,333.331,333.33
Fair Value$3.27$3.42$3.58
Upside / Downside28.35%34.31%40.51%

High-Yield Dividend Screener

« Prev Page 140 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002371.SZNAURA Technology Group Co., Ltd.0.04%$0.182.13%
002395.SZWuxi Double Elephant Micro Fibre Material Co.,Ltd0.04%$0.010.30%
002414.SZWuhan Guide Infrared Co., Ltd.0.04%$0.0127.11%
002685.SZWuxi Huadong Heavy Machinery Co., Ltd.0.04%$0.002.18%
002796.SZSuzhou Shijia Science & Technology Inc.0.04%$0.0119.99%
002851.SZShenzhen Megmeet Electrical Co., Ltd.0.04%$0.048.98%
300065.SZBeijing Highlander Digital Technology Co., Ltd.0.04%$0.0112.35%
300109.SZBoai NKY Medical Holdings Ltd.0.04%$0.011.45%
300111.SZZhejiang Sunflower Great Health Limited Liability Company0.04%$0.0055.45%
301160.SZSuzhou Xianglou New Material Co., Ltd.0.04%$0.031.48%
301190.SZJiujiang Shanshui Technology Co.,Ltd0.04%$0.012.64%
301607.SZZhejiang EV-Tech Co., Ltd.0.04%$0.021.84%
600009.SSShanghai International Airport Co., Ltd.0.04%$0.011.38%
600237.SSAnhui Tongfeng Electronics Company Limited0.04%$0.001.90%
600262.SSInner Mongolia North Hauler Joint Stock Co., Ltd.0.04%$0.010.62%
600558.SSAtlantic China Welding Consumables, Inc.0.04%$0.001.14%
600571.SSSunyard Technology Co.,Ltd0.04%$0.012.97%
600601.SSFounder Technology Group Co.,Ltd.0.04%$0.015.83%
603202.SSHeilongjiang Tianyouwei Electronics Co., Ltd.0.04%$0.040.62%
603515.SSOpple Lighting Co.,LTD0.04%$0.010.58%
605060.SSAllied Machinery Co., Ltd.0.04%$0.011.57%
605183.SSQuechen Silicon Chemical Co., Ltd.0.04%$0.010.64%
688108.SSSino Medical Sciences Technology Inc.0.04%$0.0110.72%
688330.SSShanghai Holystar Information Technology Co., Ltd.0.04%$0.010.83%
688778.SSXTC New Energy Materials(Xiamen) Co.,Ltd.0.04%$0.032.80%
9538.SRNaseej for Technology Co.0.04%$0.020.71%
AAEV.LAlbion Enterprise VCT PLC0.04%$0.0436.81%
AGT.LAVI Global Trust plc0.04%$0.1019.67%
AJB.LAJ Bell plc0.04%$0.1634.01%
APTD.LAptitude Software Group plc0.04%$0.1166.22%
ATST.LAlliance Trust PLC0.04%$0.5114.01%
AUSC.Labrdn UK Smaller Companies Growth Trust plc0.04%$0.2019.76%
BEZQ.TABezeq The Israel Telecommunication Corp. Ltd0.04%$0.2865.55%
BGUK.LBaillie Gifford UK Growth Trust plc0.04%$0.0862.55%
BIMBOA.MXGrupo Bimbo, S.A.B. de C.V.0.04%$0.030.96%
BKRY.TABikurey Hasade (Holdings) Ltd0.04%$0.1844.61%
BT-A.LBT Group plc0.04%$0.0874.76%
CASH3.SAMéliuz S.A.0.04%$0.000.31%
CGR.JOCalgro M3 Holdings Limited0.04%$0.184.89%
CLDN.LCaledonia Investments plc0.04%$0.1427.94%
CORD.LCordiant Digital Infrastructure Limited0.04%$0.043.40%
CRW.LCraneware plc0.04%$0.7383.10%
DIPL.TADiplomat Holdings Ltd0.04%$2.0652.66%
DIXON.BODixon Technologies (India) Limited0.04%$4.962.05%
DRSH.TADorsel Holdings Ltd0.04%$0.8523.65%
DSCV.LdiscoverIE Group plc0.04%$0.2456.32%
ELIX.LElixirr International plc0.04%$0.3346.91%
ESCT.LThe European Smaller Companies Trust PLC0.04%$0.0949.31%
EZJ.LeasyJet plc0.04%$0.2120.23%
FCSS.LFidelity China Special Situations PLC0.04%$0.124.90%