DDM Analysis: 600201.SS

Valuation Snapshot

Stable Growth	$0.66 - $0.95	$0.80
Multi-Stage	$0.96 - $1.05	$1.01
Blended Fair Value	$0.91
Current Price	$9.64
Upside	-90.61%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-25.39%	0.91%	0.08	0.06	0.11	0.12	0.06	0.35	0.25	0.28	0.21	0.08
YoY Growth	-	-	33.33%	-44.40%	-10.69%	101.12%	-82.63%	43.07%	-11.89%	34.42%	169.09%	3.82%
Dividend Yield	-	-	1.14%	0.69%	0.93%	1.06%	0.32%	1.66%	1.38%	1.34%	1.12%	0.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	100.76
(-) Cash Dividends Paid (M)	33.30
(=) Cash Retained (M)	67.46

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	20.15	12.59	7.56
Cash Retained (M)	67.46	67.46	67.46
(-) Cash Required (M)	-20.15	-12.59	-7.56
(=) Excess Retained (M)	47.30	54.86	59.90
(/) Shares Outstanding (M)	1,089.30	1,089.30	1,089.30
(=) Excess Retained per Share	0.04	0.05	0.05
LTM Dividend per Share	0.03	0.03	0.03
(+) Excess Retained per Share	0.04	0.05	0.05
(=) Adjusted Dividend	0.07	0.08	0.09
WACC / Discount Rate	9.99%	9.99%	9.99%
Growth Rate	-1.09%	-0.09%	0.91%
Fair Value	$0.66	$0.80	$0.95
Upside / Downside	-93.15%	-91.68%	-90.13%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	100.76	100.66	100.57	100.48	100.39	100.30	103.30
Payout Ratio	33.05%	44.44%	55.83%	67.22%	78.61%	90.00%	92.50%
Projected Dividends (M)	33.30	44.74	56.15	67.54	78.92	90.27	95.56

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.99%	9.99%	9.99%
Growth Rate	-1.09%	-0.09%	0.91%
Year 1 PV (M)	40.27	40.68	41.08
Year 2 PV (M)	45.49	46.42	47.35
Year 3 PV (M)	49.26	50.77	52.31
Year 4 PV (M)	51.80	53.93	56.12
Year 5 PV (M)	53.33	56.09	58.95
PV of Terminal Value (M)	808.29	849.99	893.39
Equity Value (M)	1,048.45	1,097.86	1,149.20
Shares Outstanding (M)	1,089.30	1,089.30	1,089.30
Fair Value	$0.96	$1.01	$1.05
Upside / Downside	-90.02%	-89.54%	-89.06%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 25 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
MDC	M.D.C. Holdings, Inc.	0.86%	$0.54	55.94%
AXP	American Express Company	0.85%	$3.17	20.85%
FOXA	Fox Corporation	0.85%	$0.62	13.96%
LMST	Limestone Bancorp, Inc.	0.85%	$0.20	8.06%
RCL	Royal Caribbean Cruises Ltd.	0.85%	$2.41	16.19%
AZZ	AZZ Inc.	0.84%	$0.92	8.89%
HIBB	Hibbett, Inc.	0.84%	$0.74	9.00%
MAR	Marriott International, Inc.	0.84%	$2.62	27.38%
MORN	Morningstar, Inc.	0.84%	$1.77	20.03%
SGH	SMART Global Holdings, Inc.	0.84%	$0.14	30.96%
URI	United Rentals, Inc.	0.84%	$7.13	18.10%
0HYJ.L	Cintas Corporation	0.83%	$1.54	34.15%
EFX	Equifax Inc.	0.83%	$1.78	33.46%
GM	General Motors Company	0.82%	$0.66	21.22%
KVSA	Khosla Ventures Acquisition Co.	0.81%	$0.09	9.61%
WMT	Walmart Inc.	0.81%	$0.91	31.92%
BMI	Badger Meter, Inc.	0.80%	$1.41	30.10%
FRD	Friedman Industries, Incorporated	0.80%	$0.16	9.82%
ITT	ITT Inc.	0.80%	$1.40	22.66%
MLI	Mueller Industries, Inc.	0.80%	$0.94	13.89%
SSSSL	SuRo Capital Corp. 6.00% Notes due 2026	0.80%	$0.20	8.46%
RGLD	Royal Gold, Inc.	0.79%	$1.75	24.00%
VRSK	Verisk Analytics, Inc.	0.79%	$1.74	26.41%
COF	Capital One Financial Corporation	0.78%	$1.94	87.57%
EE	Excelerate Energy, Inc.	0.78%	$0.22	9.21%
0K36.L	Moody's Corporation	0.77%	$3.82	30.70%
HCI	HCI Group, Inc.	0.77%	$1.42	9.00%
PH	Parker-Hannifin Corporation	0.77%	$6.85	24.15%
SEI	Solaris Energy Infrastructure, Inc.	0.77%	$0.39	44.96%
0HQN.L	Cboe Global Markets, Inc.	0.76%	$1.90	20.31%
ASIC	Ategrity Specialty Holdings LLC	0.76%	$0.15	12.77%
GL	Globe Life Inc.	0.75%	$1.03	7.35%
0KYY.L	S&P Global Inc.	0.74%	$3.81	28.09%
PHM	PulteGroup, Inc.	0.74%	$0.89	6.67%
ROP	Roper Technologies, Inc.	0.74%	$3.20	22.09%
ZWS	Zurn Elkay Water Solutions Corporation	0.74%	$0.35	30.63%
JOE	The St. Joe Company	0.73%	$0.43	24.05%
TOL	Toll Brothers, Inc.	0.73%	$0.99	7.16%
TTEK	Tetra Tech, Inc.	0.73%	$0.25	26.25%
0HCB.L	Alcoa Corporation	0.72%	$0.40	9.08%
A	Agilent Technologies, Inc.	0.72%	$0.99	21.64%
FCFS	FirstCash Holdings, Inc	0.72%	$1.13	16.40%
TRAK	ReposiTrak, Inc.	0.72%	$0.09	22.94%
BKNG	Booking Holdings Inc.	0.71%	$37.78	24.39%
PGC	Peapack-Gladstone Financial Corporation	0.71%	$0.20	10.22%
ASO	Academy Sports and Outdoors, Inc.	0.70%	$0.37	6.63%
BRO	Brown & Brown, Inc.	0.70%	$0.54	18.02%
INTU	Intuit Inc.	0.70%	$4.39	29.97%
MSFT	Microsoft Corporation	0.70%	$3.31	23.52%
NCR	NCR Corporation	0.70%	$0.11	1.70%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Jinyu Bio-technology Co., Ltd. (600201.SS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener