DDM Analysis: 600888.SS

Valuation Snapshot

Stable Growth	$8.75 - $16.78	$11.97
Multi-Stage	$13.91 - $15.27	$14.58
Blended Fair Value	$13.27
Current Price	$7.97
Upside	66.55%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-7.60%	0.24%	0.15	0.38	0.27	0.20	0.18	0.22	0.16	0.16	0.14	0.14
YoY Growth	-	-	-61.57%	42.60%	34.61%	7.76%	-15.28%	33.39%	3.94%	11.33%	2.35%	-3.71%
Dividend Yield	-	-	2.02%	4.70%	3.06%	2.74%	2.95%	5.61%	3.09%	2.99%	2.10%	2.75%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	861.13
(-) Cash Dividends Paid (M)	406.33
(=) Cash Retained (M)	454.80

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	172.23	107.64	64.58
Cash Retained (M)	454.80	454.80	454.80
(-) Cash Required (M)	-172.23	-107.64	-64.58
(=) Excess Retained (M)	282.57	347.16	390.22
(/) Shares Outstanding (M)	1,535.69	1,535.69	1,535.69
(=) Excess Retained per Share	0.18	0.23	0.25
LTM Dividend per Share	0.26	0.26	0.26
(+) Excess Retained per Share	0.18	0.23	0.25
(=) Adjusted Dividend	0.45	0.49	0.52
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	1.23%	2.23%	3.23%
Fair Value	$8.75	$11.97	$16.78
Upside / Downside	9.75%	50.15%	110.51%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	861.13	880.31	899.92	919.96	940.45	961.39	990.24
Payout Ratio	47.19%	55.75%	64.31%	72.87%	81.44%	90.00%	92.50%
Projected Dividends (M)	406.33	490.76	578.75	670.41	765.87	865.26	915.97

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.42%	6.42%	6.42%
Growth Rate	1.23%	2.23%	3.23%
Year 1 PV (M)	456.65	461.16	465.67
Year 2 PV (M)	501.09	511.04	521.09
Year 3 PV (M)	540.11	556.28	572.76
Year 4 PV (M)	574.13	597.16	620.87
Year 5 PV (M)	603.55	633.96	665.58
PV of Terminal Value (M)	18,690.22	19,631.82	20,611.00
Equity Value (M)	21,365.75	22,391.41	23,456.96
Shares Outstanding (M)	1,535.69	1,535.69	1,535.69
Fair Value	$13.91	$14.58	$15.27
Upside / Downside	74.56%	82.94%	91.65%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 22 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
TC.BK	Tropical Canning (Thailand) Public Company Limited	6.05%	$0.30	42.33%
8984.T	Daiwa House REIT Investment Corporation	6.04%	$8,653.99	81.69%
0R40.L	Rai Way S.p.A.	6.03%	$0.33	99.60%
3600.HK	Modern Dental Group Limited	6.03%	$0.32	34.31%
003460.KS	Yuhwa Securities co.,ltd.	6.02%	$162.45	83.00%
298540.KQ	The Nature Holdings Co., Ltd.	6.02%	$521.44	76.58%
6263.TWO	Planet Technology Corporation	6.02%	$7.86	95.87%
NZX.NZ	NZX Limited	6.02%	$0.09	77.46%
WLMM3.SA	WLM Participações e Comércio de Máquinas e Veículos S.A.	6.02%	$1.23	40.06%
1760.HK	Intron Technology Holdings Limited	6.01%	$0.12	30.56%
5209.KL	Gas Malaysia Berhad	6.01%	$0.26	82.61%
ALLAN.PA	Lanson-BCC	6.01%	$1.96	26.09%
QAMC.QA	Qatar Aluminium Manufacturing Company Q.P.S.C.	6.00%	$0.10	74.36%
0237.HK	Safety Godown Company, Limited	5.99%	$0.12	71.07%
8986.T	Daiwa Securities Living Investment Corporation	5.99%	$6,829.90	63.32%
ASX.AX	ASX Limited	5.99%	$3.08	67.16%
MKP.TO	MCAN Mortgage Corporation	5.99%	$1.35	74.01%
0QMU.L	Compagnie Financière Richemont S.A.	5.98%	$6.91	67.79%
8924.TWO	O-TA Precision Industry Co., Ltd.	5.98%	$4.29	80.38%
FMTY14.MX	Fibra Mty, S.A.P.I. de C.V.	5.98%	$0.93	46.45%
HUMAN.BK	Humanica Public Company Limited	5.98%	$0.30	74.76%
603368.SS	Guangxi LiuYao Group Co., Ltd	5.97%	$1.06	53.83%
6069.HK	SY Holdings Group Limited	5.97%	$0.67	97.72%
ASII.JK	PT Astra International Tbk	5.97%	$405.75	50.28%
PXT.TO	Parex Resources Inc.	5.97%	$1.12	86.22%
SB	Safe Bulkers, Inc.	5.97%	$0.29	64.01%
1562.KL	Sports Toto Berhad	5.96%	$0.08	49.23%
8442.TW	WW Holding Inc.	5.96%	$4.19	72.79%
NTV.BK	Nonthavej Hospital Public Company Limited	5.96%	$1.37	66.11%
WLE.AX	WAM Leaders Limited	5.96%	$0.08	8.04%
094280.KS	Hyosung ITX Co. Ltd.	5.95%	$751.76	70.97%
O3P.DE	Österreichische Post AG	5.95%	$1.88	98.14%
PWO.DE	PWO AG	5.95%	$1.75	48.89%
0898.HK	Multifield International Holdings Limited	5.94%	$0.06	9.32%
1155.KL	Malayan Banking Berhad	5.94%	$0.62	72.18%
PORT3.SA	Wilson Sons S.A.	5.94%	$1.11	73.49%
009680.KS	Motonic Corporation	5.93%	$599.08	42.49%
3010.SR	Arabian Cement Company	5.93%	$1.29	91.83%
PGW.NZ	PGG Wrightson Limited	5.93%	$0.13	70.38%
0GX2.L	Neurones S.A.	5.92%	$2.49	61.25%
4012.SR	Thob Al Aseel Company	5.92%	$0.20	89.05%
9585.SR	Mulkia Investment Co.	5.92%	$2.01	37.97%
HEN.DE	Henkel AG & Co. KGaA	5.92%	$3.87	41.88%
KKP.BK	Kiatnakin Phatra Bank Public Company Limited	5.92%	$4.02	63.80%
030000.KS	Cheil Worldwide Inc.	5.91%	$1,232.93	68.46%
0RCW.L	Kid ASA	5.91%	$8.00	99.60%
ARSA.ME	Arsagera Asset Management	5.91%	$0.50	52.65%
DBM.TO	Doman Building Materials Group Ltd.	5.91%	$0.56	65.99%
DU.AE	Emirates Integrated Telecommunications Company PJSC	5.91%	$0.58	95.05%
NXR-UN.TO	Nexus Industrial REIT	5.91%	$0.47	57.77%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Ticker

Industry

Sector

Xinjiang Joinworld Co.,Ltd. (600888.SS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener