Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Fujian Qingshan Paper Industry Co.,Ltd. (600103.SS)

Company Dividend Discount ModelIndustry: Paper, Lumber & Forest ProductsSector: Basic Materials

Valuation Snapshot

Stable Growth$0.20 - $0.28$0.24
Multi-Stage$0.34 - $0.37$0.35
Blended Fair Value$0.29
Current Price$3.68
Upside-91.99%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.25%-4.30%0.030.060.010.010.010.010.020.030.030.04
YoY Growth---54.03%642.58%-46.32%-0.68%6.94%-12.92%-38.84%-17.71%-17.43%-8.55%
Dividend Yield--1.21%2.69%0.30%0.55%0.67%0.68%0.61%0.92%0.78%0.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)63.00
(-) Cash Dividends Paid (M)40.63
(=) Cash Retained (M)22.38
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)12.607.884.73
Cash Retained (M)22.3822.3822.38
(-) Cash Required (M)-12.60-7.88-4.73
(=) Excess Retained (M)9.7714.5017.65
(/) Shares Outstanding (M)2,210.142,210.142,210.14
(=) Excess Retained per Share0.000.010.01
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.000.010.01
(=) Adjusted Dividend0.020.020.03
WACC / Discount Rate9.15%9.15%9.15%
Growth Rate-2.22%-1.22%-0.22%
Fair Value$0.20$0.24$0.28
Upside / Downside-94.67%-93.54%-92.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)63.0062.2461.4860.7359.9959.2561.03
Payout Ratio64.49%69.59%74.69%79.79%84.90%90.00%92.50%
Projected Dividends (M)40.6343.3145.9248.4650.9353.3356.45

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.15%9.15%9.15%
Growth Rate-2.22%-1.22%-0.22%
Year 1 PV (M)39.2839.6840.08
Year 2 PV (M)37.7738.5439.33
Year 3 PV (M)36.1437.2638.41
Year 4 PV (M)34.4535.8837.35
Year 5 PV (M)32.7234.4236.20
PV of Terminal Value (M)563.16592.55623.15
Equity Value (M)743.51778.34814.52
Shares Outstanding (M)2,210.142,210.142,210.14
Fair Value$0.34$0.35$0.37
Upside / Downside-90.86%-90.43%-89.99%

High-Yield Dividend Screener

« Prev Page 29 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SUSuncor Energy Inc.5.07%$2.3153.29%
023410.KQEugene Corporation5.06%$183.4563.50%
7537.TMarubun Corporation5.06%$65.8855.36%
GLJ.DEGrenke AG5.06%$0.7954.91%
KZOS.MEKazan Public Joint Stock Company Organichesky sintez5.06%$3.3620.60%
LTLS.JKPT Lautan Luas Tbk5.06%$43.7440.34%
MDS-UN.TOHealthcare Special Opportunities Fund5.06%$0.5664.99%
PUUILO.HEPuuilo Oyj5.06%$0.6382.63%
VCI.VVitreous Glass Inc.5.06%$0.3791.09%
051600.KSKEPCO Plant Service & Engineering Co.,Ltd.5.05%$2,469.0084.53%
BLXBanco Latinoamericano de Comercio Exterior, S. A.5.05%$2.2137.06%
TLI.BKThai Life Insurance Public Company Limited5.05%$0.5047.29%
031330.KQSAMT Co., Ltd.5.04%$200.0045.01%
DCR.WADecora S.A.5.04%$3.7855.77%
PST.MIPoste Italiane S.p.A.5.04%$1.0965.05%
RDX.AXRedox Limited5.04%$0.1554.66%
UPOIC.BKUnited Palm Oil Industry Public Company Limited5.04%$0.3361.35%
WKL.ASWolters Kluwer N.V.5.04%$4.4348.01%
000600.SZJointo Energy Investment Co., Ltd. Hebei5.03%$0.4345.84%
0QNN.LBurckhardt Compression Holding AG5.03%$27.4847.49%
002233.SZGuangdong Tapai Group Co., Ltd.5.02%$0.4570.96%
9308.TInui Global Logistics Co., Ltd.5.02%$68.9239.29%
FFI.AXFFI Holdings Limited5.02%$0.2431.68%
SJWD.BKSCGJWD Logistics Public Company Limited5.02%$0.3762.75%
007590.KSDONGBANG AGRO Corporation5.01%$300.1154.47%
0151.HKWant Want China Holdings Limited5.01%$0.2363.82%
2971.TEscon Japan REIT Investment Corporation5.01%$6,447.9060.16%
BBL-R.BKBangkok Bank Public Company Limited5.01%$8.5034.27%
DIC.AEDubai Investments PJSC5.01%$0.1858.95%
006390.KSHanil Hyundai Cement Co., Ltd5.00%$900.0433.14%
600998.SSJointown Pharmaceutical Group Co., Ltd5.00%$0.2646.36%
7020.SREtihad Etisalat Company5.00%$3.3172.99%
KA8.DEKlassik Radio AG5.00%$0.1595.39%
ORDS.QAOoredoo Q.P.S.C.4.99%$0.6557.81%
002616.SZGuangdong Chant Group Inc.4.98%$0.2771.11%
039130.KSHanatour Service Inc.4.98%$2,419.0255.18%
1264.TWOTehmag Foods Corporation4.98%$13.9967.27%
1295.KLPublic Bank Berhad4.98%$0.2260.48%
AW-UN.TOA&W Revenue Royalties Income Fund4.98%$1.8492.91%
WPK.TOWinpak Ltd.4.98%$2.2699.45%
000776.SZGF Securities Co., Ltd.4.97%$1.0960.30%
5236.KLMatrix Concepts Holdings Berhad4.97%$0.0756.54%
601298.SSQingdao Port International Co., Ltd.4.97%$0.4149.05%
7133.KLUnited U-LI Corporation Berhad4.97%$0.0846.08%
9925.TWTaiwan Shin Kong Security Co., Ltd.4.97%$2.0281.40%
034590.KSIncheon City Gas Co., Ltd.4.96%$1,251.1528.53%
0QP4.ILGeorg Fischer AG4.96%$2.6644.86%
4163.SRAl-Dawaa Medical Services Company4.96%$2.5157.67%
9163.TNareru Group Inc.4.96%$114.0343.61%
CPFE3.SACPFL Energia S.A.4.96%$2.6656.33%