DDM Analysis: 300758.SZ

Valuation Snapshot

Stable Growth	$33.49 - $39.46	$36.98
Multi-Stage	$7.01 - $7.68	$7.34
Blended Fair Value	$22.16
Current Price	$13.65
Upside	62.34%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	2.46%	12.11%	0.14	0.09	0.27	0.36	0.23	0.12	0.02	0.14	0.23	0.04
YoY Growth	-	-	52.82%	-66.89%	-23.74%	57.71%	85.52%	521.92%	-86.15%	-37.02%	499.28%	-14.48%
Dividend Yield	-	-	1.07%	1.05%	2.25%	3.00%	1.70%	1.39%	0.13%	1.37%	2.17%	0.36%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	78.09
(-) Cash Dividends Paid (M)	28.48
(=) Cash Retained (M)	49.61

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	15.62	9.76	5.86
Cash Retained (M)	49.61	49.61	49.61
(-) Cash Required (M)	-15.62	-9.76	-5.86
(=) Excess Retained (M)	33.99	39.85	43.75
(/) Shares Outstanding (M)	393.57	393.57	393.57
(=) Excess Retained per Share	0.09	0.10	0.11
LTM Dividend per Share	0.07	0.07	0.07
(+) Excess Retained per Share	0.09	0.10	0.11
(=) Adjusted Dividend	0.16	0.17	0.18
WACC / Discount Rate	5.92%	5.92%	5.92%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$33.49	$36.98	$39.46
Upside / Downside	145.37%	170.91%	189.08%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	78.09	83.17	88.57	94.33	100.46	106.99	110.20
Payout Ratio	36.47%	47.18%	57.88%	68.59%	79.29%	90.00%	92.50%
Projected Dividends (M)	28.48	39.24	51.27	64.70	79.66	96.29	101.94

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	5.92%	5.92%	5.92%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	36.69	37.04	37.39
Year 2 PV (M)	44.84	45.69	46.56
Year 3 PV (M)	52.92	54.44	55.99
Year 4 PV (M)	60.94	63.28	65.69
Year 5 PV (M)	68.89	72.22	75.67
PV of Terminal Value (M)	2,495.43	2,615.96	2,741.10
Equity Value (M)	2,759.71	2,888.64	3,022.40
Shares Outstanding (M)	393.57	393.57	393.57
Fair Value	$7.01	$7.34	$7.68
Upside / Downside	-48.63%	-46.23%	-43.74%

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

Anshan Hifichem Co., Ltd. (300758.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener