Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Changying Xinzhi Technology Co.,Ltd. (002664.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$21.93 - $26.95$25.26
Multi-Stage$4.79 - $5.24$5.01
Blended Fair Value$15.14
Current Price$30.88
Upside-50.99%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS25.64%11.57%0.210.060.060.100.080.070.060.060.050.10
YoY Growth--260.99%0.23%-39.92%26.03%14.29%7.69%8.33%17.65%-49.00%36.36%
Dividend Yield--1.26%0.36%0.43%0.73%0.64%0.51%0.43%0.21%0.20%0.41%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)55.48
(-) Cash Dividends Paid (M)54.10
(=) Cash Retained (M)1.38
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11.106.934.16
Cash Retained (M)1.381.381.38
(-) Cash Required (M)-11.10-6.93-4.16
(=) Excess Retained (M)-9.72-5.56-2.78
(/) Shares Outstanding (M)409.30409.30409.30
(=) Excess Retained per Share-0.02-0.01-0.01
LTM Dividend per Share0.130.130.13
(+) Excess Retained per Share-0.02-0.01-0.01
(=) Adjusted Dividend0.110.120.13
WACC / Discount Rate6.02%6.02%6.02%
Growth Rate5.50%6.50%7.50%
Fair Value$21.93$25.26$26.95
Upside / Downside-29.00%-18.20%-12.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)55.4859.0862.9267.0171.3776.0178.29
Payout Ratio97.52%96.01%94.51%93.01%91.50%90.00%92.50%
Projected Dividends (M)54.1056.7359.4762.3265.3068.4172.41

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.02%6.02%6.02%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)53.0053.5054.01
Year 2 PV (M)51.9152.9053.90
Year 3 PV (M)50.8452.3053.78
Year 4 PV (M)49.7751.6853.65
Year 5 PV (M)48.7151.0653.51
PV of Terminal Value (M)1,706.521,788.941,874.53
Equity Value (M)1,960.752,050.402,143.38
Shares Outstanding (M)409.30409.30409.30
Fair Value$4.79$5.01$5.24
Upside / Downside-84.49%-83.78%-83.04%

High-Yield Dividend Screener

« Prev Page 28 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
ORAOrmat Technologies, Inc.0.42%$0.4821.81%
VLTOVeralto Corporation0.42%$0.4211.39%
CEGConstellation Energy Corporation0.41%$1.5217.38%
EXPEExpedia Group, Inc.0.41%$1.1510.88%
GEGE Aerospace0.40%$1.2917.08%
GEHCVGE HealthCare Technologies Inc.0.40%$0.235.05%
ATMUAtmus Filtration Technologies Inc.0.39%$0.208.42%
BMNRBitmine Immersion Technologies, Inc.0.39%$0.120.85%
CHDNChurchill Downs Incorporated0.39%$0.437.61%
PLPCPreformed Line Products Company0.39%$0.8311.03%
AAPLApple Inc.0.38%$1.0313.77%
AMOTAllied Motion Technologies Inc.0.38%$0.1221.85%
CASYCasey's General Stores, Inc.0.38%$2.0912.85%
EAElectronic Arts Inc.0.38%$0.7721.92%
LOBLive Oak Bancshares, Inc.0.37%$0.138.44%
PCG-PAPacific Gas and Electric Company0.37%$0.086.94%
CTSCTS Corporation0.36%$0.168.09%
GVAGranite Construction Incorporated0.36%$0.4312.45%
LCORXLeuthold Core Investment Fund0.36%$0.084.98%
LCRIXLeuthold Core Investment Fund Class Institutional0.36%$0.084.98%
UHALU-Haul Holding Company0.36%$0.1817.87%
BOXBox, Inc.0.35%$0.106.61%
HCCWarrior Met Coal, Inc.0.35%$0.3147.04%
MCKMcKesson Corporation0.35%$2.918.98%
CSWICSW Industrials, Inc.0.34%$1.0211.93%
MOG-AMoog Inc.0.34%$0.8511.59%
SRBKSR Bancorp, Inc. Common stock0.34%$0.059.61%
VHAQ-UNViveon Health Acquisition Corp.0.34%$0.0417.38%
WWDWoodward, Inc.0.34%$1.0514.70%
AGXArgan, Inc.0.33%$1.0812.72%
PJTPJT Partners Inc.0.33%$0.5613.70%
REGNRegeneron Pharmaceuticals, Inc.0.33%$2.596.06%
LPLALPL Financial Holdings Inc.0.32%$1.1611.15%
METAMeta Platforms, Inc.0.31%$2.048.98%
ESABESAB Corporation0.30%$0.348.52%
POWLPowell Industries, Inc.0.30%$1.057.31%
VCVisteon Corporation0.30%$0.292.59%
WSTWest Pharmaceutical Services, Inc.0.30%$0.8312.34%
CASHPathward Financial, Inc.0.29%$0.212.52%
NGSNatural Gas Services Group, Inc.0.29%$0.106.71%
PLUSePlus inc.0.29%$0.255.41%
RVTYRevvity, Inc.0.29%$0.2814.01%
TMOThermo Fisher Scientific Inc.0.28%$1.659.48%
MRVLMarvell Technology, Inc.0.27%$0.248.33%
VNTVontier Corporation0.27%$0.103.64%
DBRGDigitalBridge Group, Inc.0.26%$0.049.84%
FOURShift4 Payments, Inc.0.26%$0.167.44%
GOOGAlphabet Inc.0.26%$0.828.01%
TPBTurning Point Brands, Inc.0.26%$0.2910.22%
USB-PAU.S. Bancorp PERP PFD SER A0.26%$2.0243.68%