DDM Analysis: 000525.SZ

Valuation Snapshot

Stable Growth	$0.22 - $0.30	$0.26
Multi-Stage	$0.49 - $0.54	$0.51
Blended Fair Value	$0.39
Current Price	$6.16
Upside	-93.72%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-9.39%	7.69%	0.03	0.03	0.08	0.09	0.15	0.06	0.19	0.11	0.19	0.05
YoY Growth	-	-	3.65%	-56.73%	-14.53%	-39.68%	164.06%	-70.00%	66.67%	-40.00%	281.65%	200.00%
Dividend Yield	-	-	0.54%	0.56%	1.14%	1.75%	3.75%	0.90%	1.80%	0.78%	1.49%	0.54%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	89.81
(-) Cash Dividends Paid (M)	37.35
(=) Cash Retained (M)	52.46

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	17.96	11.23	6.74
Cash Retained (M)	52.46	52.46	52.46
(-) Cash Required (M)	-17.96	-11.23	-6.74
(=) Excess Retained (M)	34.50	41.23	45.72
(/) Shares Outstanding (M)	1,543.27	1,543.27	1,543.27
(=) Excess Retained per Share	0.02	0.03	0.03
LTM Dividend per Share	0.02	0.02	0.02
(+) Excess Retained per Share	0.02	0.03	0.03
(=) Adjusted Dividend	0.05	0.05	0.05
WACC / Discount Rate	8.82%	8.82%	8.82%
Growth Rate	-9.85%	-8.85%	-7.85%
Fair Value	$0.22	$0.26	$0.30
Upside / Downside	-96.35%	-95.74%	-95.17%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	89.81	81.86	74.61	68.01	61.99	56.50	58.19
Payout Ratio	41.59%	51.27%	60.95%	70.63%	80.32%	90.00%	92.50%
Projected Dividends (M)	37.35	41.97	45.48	48.04	49.79	50.85	53.83

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.82%	8.82%	8.82%
Growth Rate	-9.85%	-8.85%	-7.85%
Year 1 PV (M)	38.14	38.57	38.99
Year 2 PV (M)	37.56	38.40	39.25
Year 3 PV (M)	36.06	37.27	38.51
Year 4 PV (M)	33.97	35.50	37.08
Year 5 PV (M)	31.53	33.32	35.18
PV of Terminal Value (M)	573.08	605.58	639.54
Equity Value (M)	750.34	788.64	828.56
Shares Outstanding (M)	1,543.27	1,543.27	1,543.27
Fair Value	$0.49	$0.51	$0.54
Upside / Downside	-92.11%	-91.70%	-91.28%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 29 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
BTBT	Bit Digital, Inc.	0.25%	$0.01	1.17%
PVH	PVH Corp.	0.25%	$0.17	2.41%
AEL	American Equity Investment Life Holding Company	0.24%	$0.14	2.19%
CRS	Carpenter Technology Corporation	0.24%	$0.80	9.74%
L	Loews Corporation	0.24%	$0.25	3.58%
PRIM	Primoris Services Corporation	0.23%	$0.30	5.83%
TER	Teradyne, Inc.	0.23%	$0.48	17.39%
FOCS	Focus Financial Partners Inc.	0.22%	$0.12	19.23%
QCRH	QCR Holdings, Inc.	0.22%	$0.18	2.50%
RMAX	RE/MAX Holdings, Inc.	0.22%	$0.02	2.70%
VSEC	VSE Corporation	0.22%	$0.40	30.98%
0J5I.L	Hilton Worldwide Holdings Inc.	0.21%	$0.60	8.71%
PRVAX	Virginia Tax Free Bond Fund	0.21%	$0.02	89.04%
ACA	Arcosa, Inc.	0.19%	$0.20	6.66%
HWM	Howmet Aerospace Inc.	0.19%	$0.40	11.24%
USLM	United States Lime & Minerals, Inc.	0.19%	$0.23	5.04%
AEIS	Advanced Energy Industries, Inc.	0.18%	$0.40	10.65%
BELFA	Bel Fuse Inc.	0.18%	$0.28	5.31%
TILE	Interface, Inc.	0.18%	$0.05	2.63%
0K05.L	Medifast, Inc.	0.17%	$0.02	78.63%
AYI	Acuity Brands, Inc.	0.17%	$0.65	5.19%
BDC	Belden Inc.	0.17%	$0.20	3.53%
FIX	Comfort Systems USA, Inc.	0.17%	$1.70	7.18%
KNSL	Kinsale Capital Group, Inc.	0.17%	$0.66	3.24%
STCN	Steel Connect, Inc.	0.17%	$0.02	1.98%
VVI	Viad Corp	0.17%	$0.07	0.54%
ALNT	Allient Inc.	0.16%	$0.09	7.91%
CLSK	CleanSpark, Inc.	0.16%	$0.02	1.41%
EME	EMCOR Group, Inc.	0.16%	$1.01	4.01%
ESE	ESCO Technologies Inc.	0.16%	$0.32	2.76%
CW	Curtiss-Wright Corporation	0.15%	$0.87	7.08%
MU	Micron Technology, Inc.	0.15%	$0.46	6.11%
SPCMU	Sound Point Acquisition Corp I, Ltd	0.15%	$0.02	1.33%
ENSG	The Ensign Group, Inc.	0.14%	$0.24	4.34%
JBL	Jabil Inc.	0.14%	$0.33	5.48%
PFIE	Profire Energy, Inc.	0.14%	$0.00	1.99%
0R0A.L	Hecla Mining Company	0.13%	$0.02	5.24%
GNW	Genworth Financial, Inc.	0.13%	$0.01	2.27%
ONIT	Onity Group Inc.	0.13%	$0.06	1.46%
0A7O.L	MicroStrategy Incorporated	0.12%	$0.19	0.73%
0KGS.L	Pegasystems Inc.	0.12%	$0.07	4.63%
PRTAX	T. Rowe Price Tax-Free Income Fd	0.12%	$0.01	89.04%
WDC	Western Digital Corporation	0.12%	$0.22	3.25%
GEV	GE Vernova Inc.	0.11%	$0.75	12.15%
MPLF.L	Marble Point Loan Financing Limited	0.11%	$0.07	92.98%
EPAC	Enerpac Tool Group Corp.	0.10%	$0.04	2.34%
GRBK	Green Brick Partners, Inc.	0.10%	$0.07	0.85%
IR	Ingersoll Rand Inc.	0.10%	$0.08	5.89%
RAL	Ralliant Corp.	0.10%	$0.05	2.75%
TXT	Textron Inc.	0.10%	$0.08	1.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Nanjing Red Sun Co.,Ltd. (000525.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener