Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

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 150 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
HOMEFIRST.BOHome First Finance Company India Limited0.00%$0.000.00%
HRUM.JKPT Harum Energy Tbk0.00%$0.0028.64%
IKBI.JKPT Sumi Indo Kabel Tbk0.00%$0.0037.30%
IMPC.JKPT Impack Pratama Industri Tbk0.00%$0.050.45%
INKP.JKPT Indah Kiat Pulp & Paper Tbk0.00%$0.005.45%
INVEXA.MXINVEX Controladora, S.A.B. de C.V.0.00%$0.000.01%
ISHI.TAIsrael Shipyards Industries Ltd0.00%$0.8051.10%
ITEL.BKInterlink Telecom Public Company Limited0.00%$0.000.00%
JEMA.LJPMorgan Emerging Europe Middle East & Africa Securities Plc0.00%$0.015.08%
KAPE.LKape Technologies PLC0.00%$0.0144.27%
KEEN.JKPT Kencana Energi Lestari Tbk0.00%$0.0036.89%
KFH.KWKuwait Finance House K.S.C.P.0.00%$0.0259.43%
KPC.LKeystone Positive Change Investment Trust plc0.00%$0.014.46%
KRDI.TAKardan Israel Ltd0.00%$0.012.40%
LOMA.BALoma Negra Compañía Industrial Argentina Sociedad Anónima0.00%$0.000.01%
LTE.JOLighthouse Properties plc0.00%$0.0311.13%
LTM.SNLATAM Airlines Group S.A.0.00%$0.0023.79%
MASA.JKPT Multistrada Arah Sarana Tbk0.00%$0.0065.80%
MBAP.JKPT Mitrabara Adiperdana Tbk0.00%$0.0081.05%
MGDL.TAMigdal Insurance and Financial Holdings Ltd.0.00%$0.032.16%
MHB.JOMahube Infrastructure Limited0.00%$0.000.03%
MNKS.LThe Monks Investment Trust PLC0.00%$0.041.25%
MOON.LMoonpig Group PLC0.00%$0.0114.70%
MOPF.BRMopoli Fond0.00%$0.030.09%
MORA.JKPT Mora Telematika Indonesia0.00%$0.000.00%
NCAB.STNCAB Group AB (publ)0.00%$0.000.15%
NDR.BKN.D. Rubber Public Company Limited0.00%$0.000.03%
NIND.KWNational Industries Group Holding - KPSC0.00%$0.0134.90%
NMTP.MEPJSC Novorossiysk Commercial Sea Port0.00%$0.000.00%
NPN.JONaspers Limited0.00%$0.115.69%
NXSN.TANextVison Stabilized Systems, Ltd.0.00%$0.4042.35%
P1Z.SWPatrizia Se0.00%$0.000.02%
PAMP.BAPampa Energía S.A.0.00%$0.000.01%
PFDAVVNDA.CLBanco Davivienda S.A.0.00%$0.010.00%
PINT.LPantheon Infrastructure PLC0.00%$0.000.09%
PTBA.JKPT Bukit Asam Tbk0.00%$0.000.00%
PTSN.JKPT Sat Nusapersada Tbk0.00%$0.0016.41%
QFH.JOQuantum Foods Holdings Ltd0.00%$0.000.01%
QLTU.TAQualitau Ltd0.00%$1.6929.36%
RKW.LRockwood Strategic Plc0.00%$0.000.63%
ROCK-A.CORockwool A/S0.00%$0.000.20%
SOF-B.STSoftronic AB (publ)0.00%$0.000.06%
SPNO.COSpar Nord Bank A/S0.00%$0.010.05%
SQM-B.SNSociedad Química y Minera de Chile S.A.0.00%$0.021.13%
SRC.LSigmaRoc plc0.00%$0.0012.41%
STSB.MEStavropolenergosbyt Public Joint-Stock Company0.00%$0.000.01%
TBMS.JKPT Tembaga Mulia Semanan Tbk0.00%$0.0023.06%
THA.JOTharisa plc0.00%$0.0923.57%
TKIM.JKPT Pabrik Kertas Tjiwi Kimia Tbk0.00%$0.002.66%
TL5.MCMediaset España Comunicación, S.A.0.00%$0.000.00%