Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Jason Furniture (Hangzhou) Co.,Ltd. (603816.SS)

Company Dividend Discount ModelIndustry: Furnishings, Fixtures & AppliancesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$331.03 - $390.01$365.49
Multi-Stage$106.67 - $117.01$111.74
Blended Fair Value$238.62
Current Price$30.17
Upside690.91%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.35%13.70%1.371.241.090.660.900.620.540.360.200.60
YoY Growth--10.66%14.02%63.45%-26.28%46.38%14.06%50.13%82.37%-67.00%57.50%
Dividend Yield--5.34%3.31%2.68%1.41%1.45%2.28%1.58%1.03%0.72%3.06%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,596.43
(-) Cash Dividends Paid (M)79.42
(=) Cash Retained (M)1,517.01
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)319.29199.55119.73
Cash Retained (M)1,517.011,517.011,517.01
(-) Cash Required (M)-319.29-199.55-119.73
(=) Excess Retained (M)1,197.731,317.461,397.28
(/) Shares Outstanding (M)814.07814.07814.07
(=) Excess Retained per Share1.471.621.72
LTM Dividend per Share0.100.100.10
(+) Excess Retained per Share1.471.621.72
(=) Adjusted Dividend1.571.721.81
WACC / Discount Rate4.90%4.90%4.90%
Growth Rate5.50%6.50%7.50%
Fair Value$331.03$365.49$390.01
Upside / Downside997.20%1,111.44%1,192.69%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,596.431,700.201,810.711,928.412,053.752,187.252,252.87
Payout Ratio4.97%21.98%38.98%55.99%72.99%90.00%92.50%
Projected Dividends (M)79.42373.70705.901,079.711,499.141,968.522,083.90

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.90%4.90%4.90%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)352.89356.24359.58
Year 2 PV (M)629.48641.47653.57
Year 3 PV (M)909.21935.31961.91
Year 4 PV (M)1,192.111,237.961,285.11
Year 5 PV (M)1,478.211,549.611,623.74
PV of Terminal Value (M)82,272.4586,246.2490,372.12
Equity Value (M)86,834.3690,966.8395,256.03
Shares Outstanding (M)814.07814.07814.07
Fair Value$106.67$111.74$117.01
Upside / Downside253.55%270.38%287.84%

High-Yield Dividend Screener

« Prev Page 3 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
1272.HKDatang Environment Industry Group Co., Ltd.13.53%$0.1542.28%
MID-UN.TOMINT Income Fund13.47%$1.0661.55%
1126.HKDream International Limited13.45%$1.1550.50%
HCO.PAHigh Co. S.A.13.45%$0.5362.33%
2348.HKDawnrays Pharmaceutical (Holdings) Limited13.44%$0.1633.06%
0384.HKChina Gas Holdings Limited13.43%$1.0494.76%
AEFAbrdn Emerging Markets Equity Income Fund Inc13.42%$0.9661.57%
9616.HKNeutech Group Limited13.40%$0.3455.10%
WN-PA.TOGeorge Weston Limited13.36%$3.4127.39%
CY4.FKelsian Group Limited13.31%$0.3278.26%
1100.HKMainland Headwear Holdings Limited13.28%$0.1742.95%
1755.HKS-Enjoy Service Group Co., Limited13.28%$0.3733.22%
DRR.AXDeterra Royalties Limited13.28%$0.5593.57%
2942.TWOJing-Jan Retail Business Co., Ltd.13.27%$4.1962.94%
1985.HKMicroware Group Limited13.26%$0.1768.95%
SSG.AXShaver Shop Group Limited13.25%$0.2086.08%
1553.HKMaike Tube Industry Holdings Limited13.22%$0.2027.92%
3306.HKJNBY Design Limited13.22%$2.5577.85%
0363.HKShanghai Industrial Holdings Limited13.17%$1.9035.00%
0579.HKBeijing Jingneng Clean Energy Co., Limited13.09%$0.3042.68%
RI.PAPernod Ricard S.A.13.06%$9.5377.43%
VULC3.SAVulcabras S.A.13.05%$2.6060.16%
600919.SSBank of Jiangsu Co., Ltd.13.01%$1.3572.63%
1551.HKGuangzhou Rural Commercial Bank Co., Ltd.13.00%$0.2058.85%
EIT-UN.TOCanoe EIT Income Fund13.00%$2.0542.34%
4334.SRAl Maather Reit Fund12.98%$1.1689.22%
BCE-PA.TOBCE Inc.12.97%$2.7139.91%
HLO.AXHelloworld Travel Limited12.97%$0.2567.50%
4347.SRBonyan REIT Fund12.96%$1.2193.24%
1526.HKRici Healthcare Holdings Limited12.94%$0.1438.91%
3709.HKEEKA Fashion Holdings Limited12.93%$0.9958.41%
ELSA.JKPT Elnusa Tbk12.90%$65.7979.08%
3348.HKChina PengFei Group Limited12.88%$0.1642.43%
BAYU.JKPT Bayu Buana Tbk12.87%$175.0059.18%
MJLF.BKMajor Cineplex Lifestyle Leasehold Property Fund.12.81%$0.6246.37%
037460.KQSamji Electronics Co., Ltd.12.80%$1,880.7647.73%
1785.HKChengdu Expressway Co., Ltd.12.79%$0.2688.07%
GWO-PN.TOGreat-West Lifeco Inc.12.76%$2.3953.09%
UNC.TOUnited Corporations Limited12.75%$1.8760.14%
FDJ.PAFDJ United12.74%$3.8390.91%
IRAO.MEPJSC Inter RAO UES12.74%$0.3919.11%
0OGG.LS.A. Catana Group12.72%$0.3722.37%
TAPG.JKPT Triputra Agro Persada Tbk12.65%$191.0090.66%
2407.HKGaush Meditech Ltd12.64%$1.0277.13%
MPCK.DEMPC Münchmeyer Petersen Capital AG12.63%$0.6260.64%
EDL.DEEdel SE & Co. KGaA12.60%$0.5754.20%
0086.HKSun Hung Kai & Co. Limited12.59%$0.5294.25%
4340.SRAl Rajhi REIT Fund12.56%$1.0083.50%
TRMDTORM plc12.54%$2.4890.35%
0819.HKTianneng Power International Limited12.50%$0.8935.06%