Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Huishang Bank Corporation Limited (3698.HK)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$29.38 - $51.17$38.70
Multi-Stage$34.62 - $37.92$36.24
Blended Fair Value$37.47
Current Price$3.52
Upside964.44%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-9.15%4.32%0.240.500.460.420.520.380.360.180.300.16
YoY Growth---52.58%7.39%10.89%-19.18%35.61%5.26%99.41%-39.56%85.34%4.90%
Dividend Yield--10.14%23.07%21.09%19.56%24.09%14.91%12.12%5.59%9.33%6.05%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)30,855.08
(-) Cash Dividends Paid (M)8,886.23
(=) Cash Retained (M)21,968.85
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6,171.023,856.882,314.13
Cash Retained (M)21,968.8521,968.8521,968.85
(-) Cash Required (M)-6,171.02-3,856.88-2,314.13
(=) Excess Retained (M)15,797.8318,111.9619,654.72
(/) Shares Outstanding (M)13,889.8013,889.8013,889.80
(=) Excess Retained per Share1.141.301.42
LTM Dividend per Share0.640.640.64
(+) Excess Retained per Share1.141.301.42
(=) Adjusted Dividend1.781.942.05
WACC / Discount Rate8.51%8.51%8.51%
Growth Rate2.32%3.32%4.32%
Fair Value$29.38$38.70$51.17
Upside / Downside734.61%999.40%1,353.56%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)30,855.0831,880.0432,939.0534,033.2435,163.7736,331.8637,421.82
Payout Ratio28.80%41.04%53.28%65.52%77.76%90.00%92.50%
Projected Dividends (M)8,886.2313,083.5417,549.9022,298.5627,343.3432,698.6834,615.18

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.51%8.51%8.51%
Growth Rate2.32%3.32%4.32%
Year 1 PV (M)11,940.6012,057.2912,173.99
Year 2 PV (M)14,617.6014,904.7115,194.62
Year 3 PV (M)16,950.3617,452.2017,963.85
Year 4 PV (M)18,969.4319,721.9320,496.60
Year 5 PV (M)20,703.0121,734.6422,806.99
PV of Terminal Value (M)397,653.10417,468.13438,065.30
Equity Value (M)480,834.09503,338.90526,701.35
Shares Outstanding (M)13,889.8013,889.8013,889.80
Fair Value$34.62$36.24$37.92
Upside / Downside883.46%929.49%977.27%

High-Yield Dividend Screener

« Prev Page 142 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
000676.SZGenimous Technology Co., Ltd.0.03%$0.002.13%
000681.SZVisual China Group Co.,Ltd.0.03%$0.014.98%
002177.SZGuangzhou Kingteller Technology Co.,Ltd.0.03%$0.0022.86%
002445.SZZhongnanhong Culture Group Co. Ltd. Class A0.03%$0.001.52%
002523.SZZhuzhou Tianqiao Crane Co., Ltd.0.03%$0.001.62%
002576.SZJiangsu Tongda Power Technology Co.,Ltd.0.03%$0.000.93%
0247.HKTsim Sha Tsui Properties Limited0.03%$0.010.27%
1256.TWSunjuice Holdings Co., Limited0.03%$0.040.46%
1729.HKTime Interconnect Technology Limited0.03%$0.011.66%
2115.TWLuhai Holding Corp.0.03%$0.010.32%
300114.SZZhonghang Electronic Measuring Instruments Co.,Ltd0.03%$0.0212.04%
300150.SZBeijing Century Real Technology Co.,Ltd0.03%$0.002.39%
300153.SZShanghai Cooltech Power Co., Ltd.0.03%$0.015.63%
300343.SZLecron Industrial Development Group Co., Ltd.0.03%$0.003.68%
300462.SZShanghai Huaming Intelligent Terminal Equipment Co., Ltd.0.03%$0.001.84%
300631.SZJiangSu JiuWu Hi-Tech Co., Ltd.0.03%$0.011.35%
301005.SZEssence Fastening Systems (Shanghai) Co., Ltd.0.03%$0.0442.05%
5273.KLChin Hin Group Berhad0.03%$0.002.15%
600557.SSJiangsu Kanion Pharmaceutical Co.,Ltd.0.03%$0.001.05%
600650.SSShanghai Jin Jiang Online Network Service Co., Ltd.0.03%$0.001.75%
600897.SSXiamen International Airport Co.,Ltd0.03%$0.000.46%
603718.SSShanghai Hile Bio-Technology Co., Ltd.0.03%$0.000.72%
603922.SSSuzhou Jin Hong Shun Auto Parts Co., Ltd.0.03%$0.016.14%
688082.SSACM Research (Shanghai), Inc.0.03%$0.061.58%
688234.SSSICC Co., Ltd.0.03%$0.0339.46%
688333.SSXi'an Bright Laser Technologies Co.,Ltd.0.03%$0.033.90%
7699.TOmni-Plus System Limited0.03%$0.2743.84%
AAS.Labrdn Asia Focus plc0.03%$0.1012.84%
ALW.LAlliance Witan Ord0.03%$0.4423.61%
ANCR.LAnimalcare Group plc0.03%$0.0816.15%
AVIV.TAMordechai Aviv Taasiot Beniyah (1973) Ltd.0.03%$0.5342.92%
BKFR.TABait Bakfar Ltd0.03%$0.4326.09%
BSV.LBritish Smaller Companies VCT plc0.03%$0.0242.50%
BUT.LThe Brunner Investment Trust PLC0.03%$0.4114.61%
CCJI.LCC Japan Income & Growth Trust plc0.03%$0.0713.56%
CEY.LCentamin plc0.03%$0.0454.65%
CHAM.SWCham Swiss Properties AG0.03%$0.010.25%
CHRT.LCohort plc0.03%$0.2934.93%
CMCX.LCMC Markets plc0.03%$0.0815.59%
DOTD.Ldotdigital Group Plc0.03%$0.0225.51%
EXPN.LExperian plc0.03%$1.1444.28%
FAN.LVolution Group plc0.03%$0.1842.00%
FFB.JOFortress REIT Limited0.03%$0.7014.03%
FRAN.LFranchise Brands plc0.03%$0.0556.44%
GAZA.MEPJSC GAZ0.03%$0.160.10%
GSCT.LThe Global Smaller Companies Trust Plc0.03%$0.053.77%
GSFI.TAGan Shmuel Foods Ltd.0.03%$0.8458.60%
ILDC.TALand Development of Nimrodi Group Ltd0.03%$1.4045.43%
JD.LJD Sports Fashion plc0.03%$0.0315.92%
JDG.LJudges Scientific plc0.03%$1.8147.10%