Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Huangma Technology Co.,Ltd (603181.SS)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$101.21 - $156.53$146.70
Multi-Stage$25.57 - $28.00$26.76
Blended Fair Value$86.73
Current Price$18.87
Upside359.62%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.70%11.41%0.170.030.140.020.150.110.090.030.050.06
YoY Growth--501.05%-78.58%502.52%-85.20%44.75%22.14%169.02%-32.91%-20.84%1.56%
Dividend Yield--1.35%0.29%1.05%0.16%1.21%1.57%1.05%0.43%0.94%1.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)449.60
(-) Cash Dividends Paid (M)132.75
(=) Cash Retained (M)316.86
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)89.9256.2033.72
Cash Retained (M)316.86316.86316.86
(-) Cash Required (M)-89.92-56.20-33.72
(=) Excess Retained (M)226.94260.66283.14
(/) Shares Outstanding (M)571.21571.21571.21
(=) Excess Retained per Share0.400.460.50
LTM Dividend per Share0.230.230.23
(+) Excess Retained per Share0.400.460.50
(=) Adjusted Dividend0.630.690.73
WACC / Discount Rate6.16%6.16%6.16%
Growth Rate5.50%6.50%7.50%
Fair Value$101.21$146.70$156.53
Upside / Downside436.35%677.40%729.54%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)449.60478.83509.95543.10578.40616.00634.48
Payout Ratio29.53%41.62%53.72%65.81%77.91%90.00%92.50%
Projected Dividends (M)132.75199.29273.92357.41450.60554.40586.89

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.16%6.16%6.16%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)185.97187.73189.49
Year 2 PV (M)238.53243.07247.66
Year 3 PV (M)290.43298.77307.26
Year 4 PV (M)341.68354.82368.34
Year 5 PV (M)392.29411.23430.91
PV of Terminal Value (M)13,156.8413,792.3214,452.12
Equity Value (M)14,605.7315,287.9415,995.78
Shares Outstanding (M)571.21571.21571.21
Fair Value$25.57$26.76$28.00
Upside / Downside35.50%41.83%48.40%

High-Yield Dividend Screener

« Prev Page 26 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ODFLOld Dominion Freight Line, Inc.0.69%$1.1022.00%
RRBIRed River Bancshares, Inc.0.69%$0.487.90%
SSDSimpson Manufacturing Co., Inc.0.69%$1.1413.76%
WCCWESCO International, Inc.0.69%$1.7513.38%
ALGAlamo Group Inc.0.68%$1.1511.96%
CBKCommercial Bancgroup, Inc. Common Stock0.68%$0.166.13%
IRMDIRadimed Corporation0.68%$0.6539.59%
UNFUniFirst Corporation0.68%$1.3216.37%
WTSWatts Water Technologies, Inc.0.68%$1.9019.65%
0HF3.LCencora0.67%$2.2528.12%
AITApplied Industrial Technologies, Inc.0.67%$1.7516.64%
CLMBClimb Global Solutions, Inc.0.67%$0.6814.50%
ASTHAstrana Health, Inc.0.66%$0.1786.52%
AVGOBroadcom Inc.0.66%$2.2848.18%
ENSEnerSys0.66%$0.9911.20%
HLIOHelios Technologies, Inc.0.66%$0.3635.50%
ICFIICF International, Inc.0.66%$0.5610.52%
VMCVulcan Materials Company0.66%$1.9322.82%
AAMEAtlantic American Corporation0.65%$0.027.99%
AMATApplied Materials, Inc.0.65%$1.7319.78%
CRMSalesforce, Inc.0.65%$1.6421.86%
GHCGraham Holdings Company0.65%$7.064.22%
LFACLF Capital Acquisition Corp. II0.65%$0.0724.33%
BSYBentley Systems, Incorporated0.64%$0.2530.41%
EHCEncompass Health Corporation0.64%$0.6812.77%
LADLithia Motors, Inc.0.64%$2.136.25%
PRBMParabellum Acquisition Corp.0.64%$0.065.11%
VRSNVeriSign, Inc.0.64%$1.5417.77%
AWIArmstrong World Industries, Inc.0.63%$1.2417.71%
ESQEsquire Financial Holdings, Inc.0.63%$0.6411.29%
SGISomnigroup International Inc0.63%$0.5637.60%
ULSUL Solutions Inc.0.63%$0.5130.38%
VMIValmont Industries, Inc.0.63%$2.5821.97%
ARCBArcBest Corporation0.62%$0.4811.39%
VVisa Inc.0.62%$2.1323.10%
LSXMAThe Liberty SiriusXM Group0.61%$0.141.73%
0J1R.LHCA Healthcare, Inc.0.60%$2.8110.70%
MPWRMonolithic Power Systems, Inc.0.60%$5.6614.34%
RXNZurn Water Solutions Corporation0.60%$0.3924.10%
0I47.LCostco Wholesale Corporation0.59%$5.0527.04%
DJCODaily Journal Corporation0.59%$2.954.20%
DRSLeonardo DRS, Inc.0.59%$0.2020.75%
FCNCAFirst Citizens BancShares, Inc.0.59%$12.697.01%
AMEAMETEK, Inc.0.58%$1.2019.00%
KLACKLA Corporation0.57%$7.2622.67%
SXIStandex International Corporation0.57%$1.2729.15%
RDVTRed Violet, Inc.0.56%$0.2937.32%
0IRE.LFortive Corporation0.55%$0.3016.72%
AIMCAltra Industrial Motion Corp.0.55%$0.3417.56%
BWXTBWX Technologies, Inc.0.55%$1.0029.87%