Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Shanghai Pudong Development Bank Co., Ltd. (600000.SS)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$23.03 - $43.93$31.44
Multi-Stage$31.82 - $34.89$33.33
Blended Fair Value$32.38
Current Price$11.90
Upside172.12%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.30%16.65%1.741.261.711.741.601.281.030.180.360.46
YoY Growth--37.65%-26.06%-1.71%8.45%25.11%24.58%461.41%-48.94%-21.14%22.01%
Dividend Yield--16.68%17.48%23.77%21.73%14.59%12.63%8.99%1.57%2.91%3.63%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)48,853.00
(-) Cash Dividends Paid (M)23,091.00
(=) Cash Retained (M)25,762.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)9,770.606,106.633,663.98
Cash Retained (M)25,762.0025,762.0025,762.00
(-) Cash Required (M)-9,770.60-6,106.63-3,663.98
(=) Excess Retained (M)15,991.4019,655.3822,098.03
(/) Shares Outstanding (M)33,009.1333,009.1333,009.13
(=) Excess Retained per Share0.480.600.67
LTM Dividend per Share0.700.700.70
(+) Excess Retained per Share0.480.600.67
(=) Adjusted Dividend1.181.291.37
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate1.80%2.80%3.80%
Fair Value$23.03$31.44$43.93
Upside / Downside93.49%164.18%269.17%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)48,853.0050,219.2651,623.7353,067.4754,551.6056,077.2257,759.54
Payout Ratio47.27%55.81%64.36%72.91%81.45%90.00%92.50%
Projected Dividends (M)23,091.0028,028.8933,224.9138,689.6444,434.0550,469.5053,427.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate1.80%2.80%3.80%
Year 1 PV (M)25,932.8526,187.6026,442.35
Year 2 PV (M)28,441.5029,003.0329,570.06
Year 3 PV (M)30,642.7531,554.7032,484.58
Year 4 PV (M)32,560.6633,859.0735,195.94
Year 5 PV (M)34,217.6835,931.7237,713.76
PV of Terminal Value (M)898,581.78943,593.59990,391.39
Equity Value (M)1,050,377.221,100,129.721,151,798.08
Shares Outstanding (M)33,009.1333,009.1333,009.13
Fair Value$31.82$33.33$34.89
Upside / Downside167.40%180.07%193.22%

High-Yield Dividend Screener

« Prev Page 15 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
1908.HKC&D International Investment Group Limited7.31%$1.1225.81%
2529.HKHollwin Urban Operation Service Group Co., Ltd7.31%$0.2224.64%
BMOB3.SABemobi Mobile Tech S.A.7.31%$1.6192.50%
CAMB3.SACambuci S.A.7.30%$0.7245.75%
CIP.AXCenturia Industrial REIT7.30%$0.2484.35%
NEO.BKNeo Corporate PCL7.30%$1.3550.11%
QTC.BKQTC Energy Public Company Limited7.30%$0.2597.23%
WHATS.BRWhat's Cooking Group NV/SA7.29%$8.2032.94%
C5H.IRCairn Homes plc7.28%$0.1544.15%
DOHI.QADoha Insurance Group Q.P.S.C.7.28%$0.1946.40%
STRN.SWSchlatter Industries AG7.28%$1.5052.09%
HDN.AXHomeCo Daily Needs REIT7.27%$0.1062.96%
IPCM.JKPT Jasa Armada Indonesia Tbk7.27%$26.1977.38%
O39.SIOversea-Chinese Banking Corporation Limited7.27%$1.4449.91%
THIP.BKThantawan Industry Public Company Limited7.27%$1.6450.43%
C6L.SISingapore Airlines Limited7.26%$0.4745.79%
SAPPE.BKSappe Public Company Limited7.26%$2.2382.18%
QIP.AXQANTM Intellectual Property Limited7.25%$0.1392.42%
KUOA.MXGrupo KUO, S.A.B. de C.V.7.24%$4.3464.64%
OYY.SIPropNex Limited7.24%$0.1493.41%
7035.KLCCK Consolidated Holdings Berhad7.23%$0.0976.61%
SOGN.OLSogn Sparebank7.22%$20.0011.36%
0QN6.LSF Urban Properties AG7.21%$7.2563.89%
WBC.AXWestpac Banking Corporation7.21%$2.8174.44%
120110.KSKolon Industries, Inc.7.20%$3,060.7698.52%
MILS3.SAMills Locação, Serviços e Logística S.A.7.20%$1.0181.51%
UZU.DEUzin Utz AG7.20%$5.1146.82%
3296.TNIPPON REIT Investment Corporation7.19%$7,108.4763.73%
600035.SSHubei Chutian Smart Communication Co.,Ltd.7.19%$0.2866.74%
036460.KSKorea Gas Corporation7.17%$2,752.5029.13%
HABITAT.SNAdministradora de Fondos de Pensiones Habitat S.A.7.17%$110.0070.97%
ITUB3.SAItaú Unibanco Holding S.A.7.17%$2.6064.54%
SAMF.JKPT Saraswanti Anugerah Makmur, Tbk7.17%$22.2285.61%
0HM0.LVGP N.V.7.16%$7.0036.73%
VLS.AXVita Life Sciences Limited7.16%$0.1855.52%
CRBN.ASCorbion N.V.7.15%$1.3455.86%
0586.HKChina Conch Venture Holdings Limited7.14%$0.6929.51%
600011.SSHuaneng Power International, Inc.7.14%$0.5357.39%
IFII.JKPT Indonesia Fibreboard Industry Tbk7.14%$16.0070.24%
UNTR.JKPT United Tractors Tbk7.14%$2,150.1250.66%
4987.TWOGodex International Co., Ltd7.12%$5.1885.38%
2328.HKPICC Property and Casualty Company Limited7.11%$1.1842.87%
CXSE3.SACaixa Seguridade Participações S.A.7.11%$1.1880.41%
PUB.PAPublicis Groupe S.A.7.11%$6.2349.76%
600057.SSXiamen Xiangyu Co., Ltd.7.10%$0.6177.47%
MYPK3.SAIochpe-Maxion S.A.7.09%$0.7051.81%
PRM-R.BKPrima Marine Public Company Limited7.09%$0.4949.90%
601187.SSXiamen Bank Co., Ltd.7.08%$0.5252.74%
014130.KSHanexpress.Co., Ltd7.07%$213.2520.61%
0NY3.LSTEF S.a.7.07%$9.1944.77%