Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shenzhen Sinovatio Technology Co., Ltd. (002912.SZ)

Company Dividend Discount ModelIndustry: Information Technology ServicesSector: Technology

Valuation Snapshot

Stable Growth$2.68 - $3.63$3.16
Multi-Stage$6.38 - $7.04$6.70
Blended Fair Value$4.93
Current Price$28.43
Upside-82.65%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-5.77%13.14%0.300.000.000.410.410.410.290.230.290.11
YoY Growth--47,378.98%73.01%-99.91%-1.20%2.18%38.67%25.06%-20.00%177.78%20.00%
Dividend Yield--1.12%0.00%0.00%1.57%0.85%0.43%0.40%0.48%1.72%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)96.25
(-) Cash Dividends Paid (M)34.30
(=) Cash Retained (M)61.95
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)19.2512.037.22
Cash Retained (M)61.9561.9561.95
(-) Cash Required (M)-19.25-12.03-7.22
(=) Excess Retained (M)42.7049.9254.73
(/) Shares Outstanding (M)171.20171.20171.20
(=) Excess Retained per Share0.250.290.32
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.250.290.32
(=) Adjusted Dividend0.450.490.52
WACC / Discount Rate7.74%7.74%7.74%
Growth Rate-7.77%-6.77%-5.77%
Fair Value$2.68$3.16$3.63
Upside / Downside-90.59%-88.87%-87.23%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)96.2589.7483.6778.0172.7367.8169.85
Payout Ratio35.64%46.51%57.38%68.25%79.13%90.00%92.50%
Projected Dividends (M)34.3041.7448.0153.2457.5561.0364.61

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.74%7.74%7.74%
Growth Rate-7.77%-6.77%-5.77%
Year 1 PV (M)38.3338.7439.16
Year 2 PV (M)40.4841.3642.26
Year 3 PV (M)41.2242.5843.96
Year 4 PV (M)40.9242.7244.58
Year 5 PV (M)39.8442.0544.35
PV of Terminal Value (M)890.74940.08991.59
Equity Value (M)1,091.531,147.541,205.90
Shares Outstanding (M)171.20171.20171.20
Fair Value$6.38$6.70$7.04
Upside / Downside-77.57%-76.42%-75.22%

High-Yield Dividend Screener

« Prev Page 19 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SIGISelective Insurance Group, Inc.1.77%$1.4822.19%
FUSBFirst US Bancshares, Inc.1.76%$0.2526.72%
RRyder System, Inc.1.76%$3.4128.29%
RGAReinsurance Group of America, Incorporated1.75%$3.5527.34%
TFG.ASTetragon Financial Group Limited1.75%$0.303.32%
WFCWells Fargo & Company1.75%$1.6725.46%
HCKTThe Hackett Group, Inc.1.74%$0.3485.97%
LEGLeggett & Platt, Incorporated1.74%$0.1911.94%
RPRXRoyalty Pharma plc1.74%$0.6749.36%
SFBCSound Financial Bancorp, Inc.1.74%$0.7637.96%
SXTSensient Technologies Corporation1.74%$1.6350.00%
MKTXMarketAxess Holdings Inc.1.73%$3.0952.31%
PRGPROG Holdings, Inc.1.73%$0.5112.57%
STELStellar Bancorp, Inc.1.73%$0.5326.88%
UFCSUnited Fire Group, Inc.1.73%$0.6214.63%
AMALAmalgamated Financial Corp.1.72%$0.5516.32%
BKThe Bank of New York Mellon Corporation1.72%$2.0127.06%
COWNCowen Inc.1.72%$0.6733.32%
DGDollar General Corporation1.72%$2.3540.66%
AMKRAmkor Technology, Inc.1.71%$0.7359.04%
DTFDTF Tax-Free Income 2028 Term Fund Inc.1.71%$0.2080.42%
ERIEErie Indemnity Company1.71%$4.7538.59%
FLXSFlexsteel Industries, Inc.1.71%$0.6817.01%
MTCHMatch Group, Inc.1.71%$0.5425.07%
LBRTLiberty Energy Inc.1.70%$0.3228.43%
OVBCOhio Valley Banc Corp.1.70%$0.6728.36%
WTFCWintrust Financial Corporation1.70%$2.4320.92%
BANFBancFirst Corporation1.69%$1.8025.72%
BDLFlanigan's Enterprises, Inc.1.69%$0.5021.50%
CDHAXCalvert International Responsible Idx A1.69%$0.6441.92%
CINRSisecam Resources LP1.69%$0.3419.21%
EXPOExponent, Inc.1.69%$1.1858.07%
GDGeneral Dynamics Corporation1.69%$5.8037.41%
HQIHireQuest, Inc.1.69%$0.1836.36%
OTFBlue Owl Technology Finance Corp.1.69%$0.249.20%
PHINPHINIA Inc.1.68%$1.0947.78%
PTRSPartners Bancorp1.68%$0.1213.62%
RNGRRanger Energy Services, Inc.1.67%$0.2434.90%
HQHAbrdn Healthcare Investors1.66%$0.316.95%
JILLJ.Jill, Inc.1.66%$0.2310.45%
PSH.ASPershing Square Holdings, Ltd.1.65%$0.856.48%
SKTTanger Inc.1.65%$0.5558.16%
USCBUSCB Financial Holdings, Inc.1.64%$0.3018.70%
BOTJBank of the James Financial Group, Inc.1.62%$0.3026.41%
RSReliance Steel & Aluminum Co.1.62%$4.7834.66%
SCIService Corporation International1.62%$1.2533.57%
SMLPSummit Midstream Partners, LP1.62%$0.596.02%
TKRThe Timken Company1.62%$1.4032.90%
TRINLTrinity Capital Inc. - 7.00% No1.62%$0.4120.50%
CARRCarrier Global Corporation1.61%$0.8618.56%