DDM Analysis: 000830.SZ

Valuation Snapshot

Stable Growth	$20.03 - $63.06	$32.19
Multi-Stage	$20.89 - $22.89	$21.87
Blended Fair Value	$27.03
Current Price	$14.52
Upside	86.14%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-16.19%	-0.21%	0.31	0.88	2.19	0.75	0.76	0.74	0.64	0.36	0.35	0.55
YoY Growth	-	-	-65.00%	-60.01%	191.45%	-0.93%	2.32%	15.13%	81.00%	1.13%	-35.55%	74.37%
Dividend Yield	-	-	2.54%	8.87%	16.06%	4.20%	4.89%	9.09%	4.06%	2.03%	6.26%	9.99%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	1,477.14
(-) Cash Dividends Paid (M)	844.57
(=) Cash Retained (M)	632.57

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	295.43	184.64	110.79
Cash Retained (M)	632.57	632.57	632.57
(-) Cash Required (M)	-295.43	-184.64	-110.79
(=) Excess Retained (M)	337.14	447.93	521.79
(/) Shares Outstanding (M)	1,906.40	1,906.40	1,906.40
(=) Excess Retained per Share	0.18	0.23	0.27
LTM Dividend per Share	0.44	0.44	0.44
(+) Excess Retained per Share	0.18	0.23	0.27
(=) Adjusted Dividend	0.62	0.68	0.72
WACC / Discount Rate	6.49%	6.49%	6.49%
Growth Rate	3.29%	4.29%	5.29%
Fair Value	$20.03	$32.19	$63.06
Upside / Downside	37.93%	121.67%	334.26%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	1,477.14	1,540.50	1,606.58	1,675.49	1,747.36	1,822.31	1,876.97
Payout Ratio	57.18%	63.74%	70.31%	76.87%	83.44%	90.00%	92.50%
Projected Dividends (M)	844.57	981.93	1,129.51	1,287.96	1,457.91	1,640.08	1,736.20

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.49%	6.49%	6.49%
Growth Rate	3.29%	4.29%	5.29%
Year 1 PV (M)	913.28	922.12	930.96
Year 2 PV (M)	977.10	996.11	1,015.30
Year 3 PV (M)	1,036.26	1,066.65	1,097.63
Year 4 PV (M)	1,090.99	1,133.86	1,177.98
Year 5 PV (M)	1,141.50	1,197.84	1,256.38
PV of Terminal Value (M)	34,663.75	36,374.56	38,152.25
Equity Value (M)	39,822.88	41,691.13	43,630.50
Shares Outstanding (M)	1,906.40	1,906.40	1,906.40
Fair Value	$20.89	$21.87	$22.89
Upside / Downside	43.86%	50.61%	57.62%

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

Ticker

Industry

Sector

Luxi Chemical Group Co., Ltd. (000830.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener