Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Sungrow Power Supply Co., Ltd. (300274.SZ)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$184.79 - $532.13$289.58
Multi-Stage$122.49 - $133.92$128.10
Blended Fair Value$208.84
Current Price$161.98
Upside28.93%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS53.16%45.71%0.840.290.170.150.100.100.090.060.050.02
YoY Growth--188.35%71.42%10.15%60.65%-3.62%6.02%60.75%24.50%180.11%-13.91%
Dividend Yield--1.21%0.37%0.23%0.20%0.19%1.47%1.09%0.43%0.65%0.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)15,317.95
(-) Cash Dividends Paid (M)2,414.12
(=) Cash Retained (M)12,903.83
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,063.591,914.741,148.85
Cash Retained (M)12,903.8312,903.8312,903.83
(-) Cash Required (M)-3,063.59-1,914.74-1,148.85
(=) Excess Retained (M)9,840.2410,989.0811,754.98
(/) Shares Outstanding (M)2,066.862,066.862,066.86
(=) Excess Retained per Share4.765.325.69
LTM Dividend per Share1.171.171.17
(+) Excess Retained per Share4.765.325.69
(=) Adjusted Dividend5.936.486.86
WACC / Discount Rate8.88%8.88%8.88%
Growth Rate5.50%6.50%7.50%
Fair Value$184.79$289.58$532.13
Upside / Downside14.08%78.78%228.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)15,317.9516,313.6217,374.0018,503.3119,706.0320,986.9221,616.53
Payout Ratio15.76%30.61%45.46%60.30%75.15%90.00%92.50%
Projected Dividends (M)2,414.124,993.287,897.5411,158.2414,809.4818,888.2319,995.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.88%8.88%8.88%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)4,542.784,585.844,628.90
Year 2 PV (M)6,536.756,661.266,786.94
Year 3 PV (M)8,402.368,643.568,889.34
Year 4 PV (M)10,145.6610,535.8310,937.16
Year 5 PV (M)11,772.4512,341.0712,931.44
PV of Terminal Value (M)211,769.63221,998.19232,618.21
Equity Value (M)253,169.64264,765.74276,791.98
Shares Outstanding (M)2,066.862,066.862,066.86
Fair Value$122.49$128.10$133.92
Upside / Downside-24.38%-20.92%-17.32%

High-Yield Dividend Screener

« Prev Page 23 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002293.SZLuolai Lifestyle Technology Co., Ltd.5.90%$0.6198.42%
KLBN11.SAKlabin S.A.5.90%$1.1379.59%
T9Z.DEZumtobel Group AG5.89%$0.2568.81%
4006.KLOriental Holdings Berhad5.88%$0.4091.37%
7231.KLWellcall Holdings Berhad5.88%$0.0898.90%
ALBAV.HEÅlandsbanken Abp5.88%$2.8380.11%
HSPG.OLHøland og Setskog Sparebank5.88%$9.009.64%
TAEE3.SATransmissora Aliança de Energia Elétrica S.A.5.88%$0.8249.16%
095570.KSAJ Networks Co.,Ltd.5.87%$269.8946.78%
CONSTI.HEConsti Oyj5.87%$0.6379.88%
DEDI.STDedicare AB (publ)5.87%$2.5059.86%
SUC.BKSaha-Union Public Company Limited5.87%$1.6026.76%
0QQF.LMikron Holding AG5.85%$1.2032.60%
0RNX.LAmbea AB (publ)5.85%$2.1927.21%
3459.TSamty Residential Investment Corporation5.85%$6,816.2884.59%
PLAT.ATThrace Plastics Holding Company S.A.5.85%$0.2485.91%
7229.KLFavelle Favco Berhad5.84%$0.0931.57%
M-II.BKMFC Industrial Investment Property and Leasehold Fund5.83%$0.3544.44%
NOHO.HENoHo Partners Oyj5.83%$0.4829.48%
0QN7.LVaudoise Assurances Holding S.A.5.82%$42.4142.05%
4164.SRNahdi Medical Company5.81%$5.6089.58%
5511.TWOTe Chang Construction Co., Ltd.5.81%$3.7946.23%
PPA.ATPiraeus Port Authority S.A.5.81%$2.3838.50%
WHA-R.BKWHA Corporation Public Company Limited5.81%$0.1957.71%
MULTI.OLMulticonsult ASA5.80%$10.1891.58%
QIMD.QAQatar Industrial Manufacturing Company Q.P.S.C.5.80%$0.1448.99%
000791.SZGEPIC Energy Development Co., Ltd.5.79%$0.3746.47%
0NFS.LEsprinet S.p.A.5.79%$0.3693.72%
MYS.AXMyState Limited5.79%$0.2670.40%
5299.TWOExcelliance MOS Corporation5.78%$4.1493.57%
8987.TJapan Excellent, Inc.5.78%$8,618.1168.54%
9528.SRGas Arabian Services Company5.78%$0.9877.70%
PLS.AXPLS Group Limited5.78%$0.2556.17%
1104.HKAPAC Resources Limited5.77%$0.1533.87%
9525.SRAlwasail Industrial Company5.77%$0.2085.38%
CBA.AXCommonwealth Bank of Australia5.77%$9.3079.76%
GSLGlobal Ship Lease, Inc.5.77%$2.0117.72%
5138.KLHap Seng Plantations Holdings Berhad5.76%$0.1355.68%
601088.SSChina Shenhua Energy Company Limited5.76%$2.3381.35%
ALI.AXArgo Global Listed Infrastructure Limited5.76%$0.1510.56%
000755.SZShanxi Hi-speed Group Co., Ltd.5.75%$0.2989.22%
EELT.MEEuropean Eltech Public Joint Stock Company5.75%$0.5236.41%
1846.HKEuroEyes International Eye Clinic Limited5.74%$0.1729.90%
9296.KLRCE Capital Berhad5.74%$0.0692.92%
BELA.ATJumbo S.A.5.74%$1.6068.01%
GRP-UNGranite Real Estate Investment Trust5.74%$3.4071.71%
6199.HKBank of Guizhou Co., Ltd.5.73%$0.0624.27%
6581.TWTaiwan Steel Union Co., Ltd5.73%$5.9988.31%
HAIS.JKPT Hasnur Internasional Shipping Tbk5.73%$15.3740.52%
HTSC.LHuatai Securities Co., Ltd.5.73%$1.2668.65%