DDM Analysis: 000848.SZ

Valuation Snapshot

Stable Growth	$18.73 - $84.69	$32.82
Multi-Stage	$16.31 - $17.86	$17.07
Blended Fair Value	$24.94
Current Price	$8.43
Upside	195.87%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	1.61%	11.65%	0.41	0.30	0.00	0.26	0.19	0.38	0.47	0.38	0.15	0.10
YoY Growth	-	-	38.19%	439,658.07%	-99.97%	39.53%	-49.85%	-20.28%	25.07%	160.00%	50.00%	-28.57%
Dividend Yield	-	-	4.79%	3.51%	0.00%	3.22%	2.99%	5.87%	5.66%	4.58%	1.45%	1.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	630.76
(-) Cash Dividends Paid (M)	347.88
(=) Cash Retained (M)	282.88

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	126.15	78.84	47.31
Cash Retained (M)	282.88	282.88	282.88
(-) Cash Required (M)	-126.15	-78.84	-47.31
(=) Excess Retained (M)	156.73	204.04	235.57
(/) Shares Outstanding (M)	1,034.64	1,034.64	1,034.64
(=) Excess Retained per Share	0.15	0.20	0.23
LTM Dividend per Share	0.34	0.34	0.34
(+) Excess Retained per Share	0.15	0.20	0.23
(=) Adjusted Dividend	0.49	0.53	0.56
WACC / Discount Rate	6.61%	6.61%	6.61%
Growth Rate	3.90%	4.90%	5.90%
Fair Value	$18.73	$32.82	$84.69
Upside / Downside	122.21%	289.28%	904.60%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	630.76	661.67	694.09	728.10	763.77	801.20	825.23
Payout Ratio	55.15%	62.12%	69.09%	76.06%	83.03%	90.00%	92.50%
Projected Dividends (M)	347.88	411.04	479.55	553.80	634.16	721.08	763.34

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.61%	6.61%	6.61%
Growth Rate	3.90%	4.90%	5.90%
Year 1 PV (M)	381.90	385.57	389.25
Year 2 PV (M)	413.96	421.97	430.05
Year 3 PV (M)	444.16	457.11	470.30
Year 4 PV (M)	472.55	491.01	510.00
Year 5 PV (M)	499.22	523.71	549.15
PV of Terminal Value (M)	14,659.10	15,378.26	16,125.36
Equity Value (M)	16,870.89	17,657.62	18,474.12
Shares Outstanding (M)	1,034.64	1,034.64	1,034.64
Fair Value	$16.31	$17.07	$17.86
Upside / Downside	93.43%	102.45%	111.81%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 24 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
EXPD	Expeditors International of Washington, Inc.	0.99%	$1.50	24.32%
LISOX	Lazard International Strategic Equity Ptf Open Shares	0.99%	$0.13	36.87%
MXC	Mexco Energy Corporation	0.99%	$0.10	12.25%
NIC	Nicolet Bankshares, Inc.	0.99%	$1.19	12.58%
PAYC	Paycom Software, Inc.	0.99%	$1.51	18.80%
RRC	Range Resources Corporation	0.99%	$0.35	14.60%
WLFC	Willis Lease Finance Corporation	0.99%	$1.32	7.58%
WOR	Worthington Industries, Inc.	0.99%	$0.52	23.95%
CNXN	PC Connection, Inc.	0.98%	$0.56	16.89%
CAT	Caterpillar Inc.	0.97%	$5.78	29.40%
CNK	Cinemark Holdings, Inc.	0.97%	$0.23	18.28%
ECL	Ecolab Inc.	0.97%	$2.54	36.57%
EVR	Evercore Inc.	0.97%	$3.41	27.02%
LSBK	Lake Shore Bancorp, Inc.	0.96%	$0.14	24.34%
0ITL.L	Arthur J. Gallagher & Co.	0.95%	$2.42	39.43%
0IZI.L	W.W. Grainger, Inc.	0.95%	$9.52	26.47%
0L5V.L	The Sherwin-Williams Company	0.95%	$3.11	30.09%
0R2S.L	Stryker Corporation	0.95%	$3.28	43.09%
RRX	Regal Rexnord Corporation	0.95%	$1.39	36.07%
WT	WisdomTree, Inc.	0.95%	$0.12	18.12%
J	Jacobs Solutions Inc.	0.94%	$1.27	53.80%
ORCL	Oracle Corporation	0.94%	$1.84	34.81%
TCBS	Texas Community Bancshares, Inc.	0.94%	$0.17	19.22%
IMKTA	Ingles Markets, Incorporated	0.93%	$0.65	14.68%
ODC	Oil-Dri Corporation of America	0.93%	$0.45	12.28%
PENG	Penguin Solutions, Inc.	0.93%	$0.19	40.17%
SSBK	Southern States Bancshares, Inc.	0.93%	$0.34	9.19%
DAL	Delta Air Lines, Inc.	0.92%	$0.63	8.94%
HIFS	Hingham Institution for Savings	0.92%	$2.49	12.15%
RL	Ralph Lauren Corporation	0.92%	$3.34	24.37%
OPY	Oppenheimer Holdings Inc.	0.91%	$0.66	8.90%
BGC	BGC Group, Inc	0.90%	$0.08	23.56%
CDRE	Cadre Holdings, Inc.	0.90%	$0.37	33.35%
MBNKP	Medallion Bank	0.90%	$0.23	12.50%
JBHT	J.B. Hunt Transport Services, Inc.	0.89%	$1.75	30.14%
NYT	The New York Times Company	0.89%	$0.62	30.32%
RMD	ResMed Inc.	0.89%	$2.18	22.31%
VBFC	Village Bank and Trust Financial Corp.	0.89%	$0.72	15.35%
0I14.L	Cognex Corporation	0.88%	$0.32	49.16%
AR	Antero Resources Corporation	0.88%	$0.30	17.15%
LDOS	Leidos Holdings, Inc.	0.88%	$1.61	14.88%
LMAT	LeMaitre Vascular, Inc.	0.88%	$0.70	32.20%
NNI	Nelnet, Inc.	0.88%	$1.14	9.52%
PFSI	PennyMac Financial Services, Inc.	0.88%	$1.16	12.49%
SMBK	SmartFinancial, Inc.	0.88%	$0.32	11.76%
BYD	Boyd Gaming Corporation	0.87%	$0.75	3.22%
ROST	Ross Stores, Inc.	0.87%	$1.59	24.85%
BBSI	Barrett Business Services, Inc.	0.86%	$0.31	15.02%
BCO	The Brink's Company	0.86%	$1.00	24.81%
HXL	Hexcel Corporation	0.86%	$0.66	77.18%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Cheng De Lolo Company Limited (000848.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener