Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shenzhen Kinwong Electronic Co., Ltd. (603228.SS)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$221.57 - $261.04$244.64
Multi-Stage$176.55 - $193.71$184.97
Blended Fair Value$214.81
Current Price$62.97
Upside241.12%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.70%12.98%0.480.510.300.280.200.350.220.270.130.03
YoY Growth---5.28%70.83%7.26%37.04%-41.85%58.26%-18.08%107.82%274.27%-75.70%
Dividend Yield--1.41%2.48%1.17%1.18%0.77%1.12%0.66%1.00%0.54%0.20%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,212.72
(-) Cash Dividends Paid (M)756.40
(=) Cash Retained (M)456.32
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)242.54151.5990.95
Cash Retained (M)456.32456.32456.32
(-) Cash Required (M)-242.54-151.59-90.95
(=) Excess Retained (M)213.77304.73365.37
(/) Shares Outstanding (M)923.91923.91923.91
(=) Excess Retained per Share0.230.330.40
LTM Dividend per Share0.820.820.82
(+) Excess Retained per Share0.230.330.40
(=) Adjusted Dividend1.051.151.21
WACC / Discount Rate-0.81%-0.81%-0.81%
Growth Rate5.50%6.50%7.50%
Fair Value$221.57$244.64$261.04
Upside / Downside251.86%288.50%314.55%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,212.721,291.551,375.501,464.911,560.131,661.541,711.38
Payout Ratio62.37%67.90%73.42%78.95%84.47%90.00%92.50%
Projected Dividends (M)756.40876.941,009.941,156.531,317.911,495.381,583.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-0.81%-0.81%-0.81%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)875.81884.11892.41
Year 2 PV (M)1,007.341,026.531,045.90
Year 3 PV (M)1,152.071,185.141,218.84
Year 4 PV (M)1,311.131,361.561,413.42
Year 5 PV (M)1,485.781,557.541,632.05
PV of Terminal Value (M)157,286.02164,882.99172,770.72
Equity Value (M)163,118.14170,897.86178,973.33
Shares Outstanding (M)923.91923.91923.91
Fair Value$176.55$184.97$193.71
Upside / Downside180.38%193.75%207.63%

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%