Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

China Shineway Pharmaceutical Group Limited (2877.HK)

Company Dividend Discount ModelIndustry: Drug Manufacturers - Specialty & GenericSector: Healthcare

Valuation Snapshot

Stable Growth$68.04 - $224.50$110.72
Multi-Stage$67.67 - $74.18$70.87
Blended Fair Value$90.79
Current Price$7.15
Upside1,169.85%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.37%4.10%0.540.420.320.600.320.330.350.350.350.36
YoY Growth--28.57%31.25%-46.65%87.63%-3.05%-4.64%-1.31%0.00%-3.03%0.00%
Dividend Yield--5.96%6.27%4.78%10.69%7.15%5.00%5.18%5.73%4.45%4.37%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,932.76
(-) Cash Dividends Paid (M)762.95
(=) Cash Retained (M)1,169.81
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)386.55241.60144.96
Cash Retained (M)1,169.811,169.811,169.81
(-) Cash Required (M)-386.55-241.60-144.96
(=) Excess Retained (M)783.25928.211,024.85
(/) Shares Outstanding (M)755.40755.40755.40
(=) Excess Retained per Share1.041.231.36
LTM Dividend per Share1.011.011.01
(+) Excess Retained per Share1.041.231.36
(=) Adjusted Dividend2.052.242.37
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate3.42%4.42%5.42%
Fair Value$68.04$110.72$224.50
Upside / Downside851.56%1,448.56%3,039.93%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,932.762,018.142,107.282,200.372,297.562,399.052,471.02
Payout Ratio39.47%49.58%59.68%69.79%79.89%90.00%92.50%
Projected Dividends (M)762.951,000.591,257.731,535.631,835.642,159.152,285.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate3.42%4.42%5.42%
Year 1 PV (M)930.27939.27948.26
Year 2 PV (M)1,087.171,108.291,129.62
Year 3 PV (M)1,234.101,270.251,307.10
Year 4 PV (M)1,371.531,425.351,480.74
Year 5 PV (M)1,499.881,573.811,650.63
PV of Terminal Value (M)44,998.0847,216.1249,520.77
Equity Value (M)51,121.0353,533.0956,037.13
Shares Outstanding (M)755.40755.40755.40
Fair Value$67.67$70.87$74.18
Upside / Downside846.49%891.15%937.51%

High-Yield Dividend Screener

« Prev Page 16 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
HWBKHawthorn Bancshares, Inc.2.27%$0.7724.18%
UTMDUtah Medical Products, Inc.2.27%$1.2835.35%
DKSDICK'S Sporting Goods, Inc.2.26%$4.5238.61%
EMLThe Eastern Company2.26%$0.4437.05%
SBCFSeacoast Banking Corporation of Florida2.26%$0.7143.09%
WMKWeis Markets, Inc.2.26%$1.4535.88%
0JYA.LMarathon Petroleum Corporation2.25%$3.7274.60%
FSBCFive Star Bancorp2.25%$0.8029.79%
IBMInternational Business Machines Corporation2.25%$6.5678.75%
0KYZ.LSBA Communications Corporation2.24%$4.3254.40%
BPOPPopular, Inc.2.24%$2.8224.06%
MFINMedallion Financial Corp.2.24%$0.2312.50%
MSMorgan Stanley2.24%$4.0740.12%
FXNCFirst National Corporation2.23%$0.5586.28%
BACBank of America Corporation2.22%$1.2431.97%
SSBSouthState Corporation2.22%$2.0930.58%
VLGEAVillage Super Market, Inc.2.22%$0.7720.42%
WWWWolverine World Wide, Inc.2.22%$0.4137.79%
CCBGCapital City Bank Group, Inc.2.21%$0.9326.22%
CGThe Carlyle Group Inc.2.20%$1.3476.25%
NHINational Health Investors, Inc.2.20%$1.6954.58%
VNOVornado Realty Trust2.20%$0.7315.58%
BANCBanc of California, Inc.2.19%$0.4332.44%
EBTCEnterprise Bancorp, Inc.2.19%$0.8726.66%
RHPRyman Hospitality Properties, Inc.2.19%$2.0957.31%
CDPCOPT Defense Properties2.18%$0.6045.15%
FDSFactSet Research Systems Inc.2.18%$6.2039.64%
ISBAIsabella Bank Corporation2.18%$1.1044.52%
WHWyndham Hotels & Resorts, Inc.2.18%$1.6437.28%
EFSCEnterprise Financial Services Corp2.17%$1.1722.34%
ETHGrayscale Ethereum Mini Trust2.17%$0.6434.57%
SEMSelect Medical Holdings Corporation2.17%$0.3236.19%
BFSTBusiness First Bancshares, Inc.2.16%$0.5620.21%
CWBCCommunity West Bancshares2.16%$0.4826.89%
EHTHeHealth, Inc.2.16%$0.095.60%
TPLTexas Pacific Land Corporation2.16%$6.4231.02%
CBSHCommerce Bancshares, Inc.2.15%$1.1226.40%
COLMColumbia Sportswear Company2.15%$1.2035.55%
HTHHilltop Holdings Inc.2.15%$0.7328.46%
NATHNathan's Famous, Inc.2.15%$1.9835.76%
RCKYRocky Brands, Inc.2.15%$0.6222.50%
BDXBecton, Dickinson and Company2.14%$4.1771.28%
CICigna Corporation2.14%$5.9626.01%
FBIZFirst Business Financial Services, Inc.2.14%$1.1518.19%
JBSSJohn B. Sanfilippo & Son, Inc.2.14%$1.4926.50%
JNPRJuniper Networks, Inc.2.14%$0.8682.37%
POOLPool Corporation2.14%$4.9244.68%
CSCOCisco Systems, Inc.2.13%$1.6262.56%
CSTRCapStar Financial Holdings, Inc.2.13%$0.4330.48%
HTLFHeartland Financial USA, Inc.2.13%$1.3869.73%