DDM Analysis: 6190.HK

Valuation Snapshot

Stable Growth	$7.35 - $11.83	$9.37
Multi-Stage	$12.92 - $14.22	$13.55
Blended Fair Value	$11.46
Current Price	$3.51
Upside	226.55%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	19.73%	5.03%	0.18	0.21	0.20	0.09	0.11	0.07	0.07	0.09	0.06	0.08
YoY Growth	-	-	-13.78%	1.80%	136.80%	-18.94%	46.06%	-1.40%	-17.00%	39.29%	-21.13%	-26.16%
Dividend Yield	-	-	3.64%	3.28%	2.41%	0.97%	1.15%	0.76%	0.79%	1.01%	0.67%	0.91%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,967.13
(-) Cash Dividends Paid (M)	195.59
(=) Cash Retained (M)	1,771.54

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	393.43	245.89	147.53
Cash Retained (M)	1,771.54	1,771.54	1,771.54
(-) Cash Required (M)	-393.43	-245.89	-147.53
(=) Excess Retained (M)	1,378.11	1,525.65	1,624.00
(/) Shares Outstanding (M)	2,847.37	2,847.37	2,847.37
(=) Excess Retained per Share	0.48	0.54	0.57
LTM Dividend per Share	0.07	0.07	0.07
(+) Excess Retained per Share	0.48	0.54	0.57
(=) Adjusted Dividend	0.55	0.60	0.64
WACC / Discount Rate	7.03%	7.03%	7.03%
Growth Rate	-0.46%	0.54%	1.54%
Fair Value	$7.35	$9.37	$11.83
Upside / Downside	109.37%	166.96%	236.97%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,967.13	1,977.85	1,988.63	1,999.46	2,010.36	2,021.32	2,081.96
Payout Ratio	9.94%	25.95%	41.97%	57.98%	73.99%	90.00%	92.50%
Projected Dividends (M)	195.59	513.34	834.54	1,159.23	1,487.44	1,819.18	1,925.81

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	7.03%	7.03%	7.03%
Growth Rate	-0.46%	0.54%	1.54%
Year 1 PV (M)	474.84	479.61	484.38
Year 2 PV (M)	714.07	728.49	743.05
Year 3 PV (M)	917.51	945.44	973.94
Year 4 PV (M)	1,089.00	1,133.43	1,179.19
Year 5 PV (M)	1,232.01	1,295.15	1,360.85
PV of Terminal Value (M)	32,351.21	34,009.14	35,734.36
Equity Value (M)	36,778.66	38,591.27	40,475.78
Shares Outstanding (M)	2,847.37	2,847.37	2,847.37
Fair Value	$12.92	$13.55	$14.22
Upside / Downside	268.00%	286.13%	304.99%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 21 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
GATX	GATX Corporation	1.45%	$2.47	28.36%
SF	Stifel Financial Corp.	1.45%	$1.86	30.82%
0HFN.L	Analog Devices, Inc.	1.44%	$3.90	84.88%
HAYN	Haynes International, Inc.	1.44%	$0.88	30.16%
0I58.L	Cummins Inc.	1.43%	$7.42	38.53%
0HRJ.L	CSX Corporation	1.42%	$0.51	33.32%
OLED	Universal Display Corporation	1.42%	$1.73	37.24%
BBW	Build-A-Bear Workshop, Inc.	1.41%	$0.86	19.50%
LBC	Luther Burbank Corporation	1.41%	$0.13	17.07%
SNDR	Schneider National, Inc.	1.41%	$0.38	58.72%
0R13.L	Church & Dwight Co., Inc.	1.40%	$1.16	36.55%
COHN	Cohen & Company Inc.	1.40%	$0.35	48.05%
HLI	Houlihan Lokey, Inc.	1.40%	$2.48	39.81%
PATK	Patrick Industries, Inc.	1.40%	$1.54	44.05%
CXT	Crane NXT, Co.	1.39%	$0.66	24.82%
ESBA	Empire State Realty OP, L.P.	1.39%	$0.09	49.94%
MMS	Maximus, Inc.	1.39%	$1.21	21.54%
WYNN	Wynn Resorts, Limited	1.39%	$1.70	34.98%
ATEN	A10 Networks, Inc.	1.38%	$0.24	34.61%
HYAC	Haymaker Acquisition Corp. III	1.38%	$0.16	37.41%
ISTR	Investar Holding Corporation	1.38%	$0.36	18.11%
MCY	Mercury General Corporation	1.38%	$1.27	16.00%
ACU	Acme United Corporation	1.37%	$0.55	28.31%
DE	Deere & Company	1.36%	$6.34	34.22%
HYAC-UN	Haymaker Acquisition Corp. 4	1.36%	$0.16	37.41%
RTX	RTX Corporation	1.36%	$2.56	52.52%
0HIN.L	Assurant, Inc.	1.35%	$3.22	19.47%
AL	Air Lease Corporation	1.35%	$0.86	9.51%
BGCP	BGC Partners, Inc.	1.34%	$0.06	11.88%
ESRT	Empire State Realty Trust, Inc.	1.34%	$0.09	49.94%
HUM	Humana Inc.	1.34%	$3.55	33.23%
ZEUS	Olympic Steel, Inc.	1.34%	$0.59	50.16%
0K9L.L	Nucor Corporation	1.33%	$2.22	31.04%
BY	Byline Bancorp, Inc.	1.33%	$0.39	13.97%
LPX	Louisiana-Pacific Corporation	1.33%	$1.09	35.19%
OPOF	Old Point Financial Corporation	1.33%	$0.56	32.91%
WSM	Williams-Sonoma, Inc.	1.33%	$2.50	27.85%
RUSHA	Rush Enterprises, Inc.	1.32%	$0.71	21.15%
VLEOX	Value Line Small Cap Opportunities Fund, Inc. Investor Class	1.32%	$0.79	56.29%
0IW7.L	Global Payments Inc.	1.31%	$1.01	13.82%
APO	Apollo Global Management, Inc.	1.31%	$1.92	27.59%
EMP	Entergy Mississippi, Inc. 1M BD 66	1.31%	$0.27	6.72%
NDSN	Nordson Corporation	1.31%	$3.15	36.67%
ROK	Rockwell Automation, Inc.	1.31%	$5.23	68.01%
UMBF	UMB Financial Corporation	1.31%	$1.52	18.87%
0L3I.L	The Charles Schwab Corporation	1.30%	$1.29	28.42%
0R2X.L	Corning Incorporated	1.30%	$1.15	72.69%
EBAY	eBay Inc.	1.30%	$1.13	24.20%
GGG	Graco Inc.	1.30%	$1.07	36.31%
HES	Hess Corporation	1.30%	$1.94	26.90%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Bank of Jiujiang Co., Ltd. (6190.HK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener