Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shanghai Bloom Technology, Inc. (603325.SS)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$126.05 - $308.87$187.97
Multi-Stage$86.71 - $94.81$90.68
Blended Fair Value$139.33
Current Price$85.69
Upside62.60%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS23.52%0.00%1.100.000.640.010.000.380.000.000.000.00
YoY Growth--496,126.86%-99.97%10,660.78%0.00%-100.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--1.42%0.00%1.06%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)449.58
(-) Cash Dividends Paid (M)39.83
(=) Cash Retained (M)409.75
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)89.9256.2033.72
Cash Retained (M)409.75409.75409.75
(-) Cash Required (M)-89.92-56.20-33.72
(=) Excess Retained (M)319.84353.56376.04
(/) Shares Outstanding (M)78.1578.1578.15
(=) Excess Retained per Share4.094.524.81
LTM Dividend per Share0.510.510.51
(+) Excess Retained per Share4.094.524.81
(=) Adjusted Dividend4.605.035.32
WACC / Discount Rate9.35%9.35%9.35%
Growth Rate5.50%6.50%7.50%
Fair Value$126.05$187.97$308.87
Upside / Downside47.10%119.36%260.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)449.58478.81509.93543.07578.37615.97634.45
Payout Ratio8.86%25.09%41.32%57.54%73.77%90.00%92.50%
Projected Dividends (M)39.83120.12210.68312.51426.68554.37586.86

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.35%9.35%9.35%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)108.82109.85110.88
Year 2 PV (M)172.89176.18179.51
Year 3 PV (M)232.32238.99245.78
Year 4 PV (M)287.34298.39309.76
Year 5 PV (M)338.20354.54371.50
PV of Terminal Value (M)5,636.315,908.546,191.20
Equity Value (M)6,775.887,086.507,408.63
Shares Outstanding (M)78.1578.1578.15
Fair Value$86.71$90.68$94.81
Upside / Downside1.19%5.83%10.64%

High-Yield Dividend Screener

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