Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Sungrow Power Supply Co., Ltd. (300274.SZ)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$184.79 - $532.13$289.58
Multi-Stage$122.49 - $133.92$128.10
Blended Fair Value$208.84
Current Price$161.98
Upside28.93%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS53.16%45.71%0.840.290.170.150.100.100.090.060.050.02
YoY Growth--188.35%71.42%10.15%60.65%-3.62%6.02%60.75%24.50%180.11%-13.91%
Dividend Yield--1.21%0.37%0.23%0.20%0.19%1.47%1.09%0.43%0.65%0.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)15,317.95
(-) Cash Dividends Paid (M)2,414.12
(=) Cash Retained (M)12,903.83
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,063.591,914.741,148.85
Cash Retained (M)12,903.8312,903.8312,903.83
(-) Cash Required (M)-3,063.59-1,914.74-1,148.85
(=) Excess Retained (M)9,840.2410,989.0811,754.98
(/) Shares Outstanding (M)2,066.862,066.862,066.86
(=) Excess Retained per Share4.765.325.69
LTM Dividend per Share1.171.171.17
(+) Excess Retained per Share4.765.325.69
(=) Adjusted Dividend5.936.486.86
WACC / Discount Rate8.88%8.88%8.88%
Growth Rate5.50%6.50%7.50%
Fair Value$184.79$289.58$532.13
Upside / Downside14.08%78.78%228.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)15,317.9516,313.6217,374.0018,503.3119,706.0320,986.9221,616.53
Payout Ratio15.76%30.61%45.46%60.30%75.15%90.00%92.50%
Projected Dividends (M)2,414.124,993.287,897.5411,158.2414,809.4818,888.2319,995.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.88%8.88%8.88%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)4,542.784,585.844,628.90
Year 2 PV (M)6,536.756,661.266,786.94
Year 3 PV (M)8,402.368,643.568,889.34
Year 4 PV (M)10,145.6610,535.8310,937.16
Year 5 PV (M)11,772.4512,341.0712,931.44
PV of Terminal Value (M)211,769.63221,998.19232,618.21
Equity Value (M)253,169.64264,765.74276,791.98
Shares Outstanding (M)2,066.862,066.862,066.86
Fair Value$122.49$128.10$133.92
Upside / Downside-24.38%-20.92%-17.32%

High-Yield Dividend Screener

« Prev Page 30 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
DIB.AEDubai Islamic Bank P.J.S.C.4.96%$0.4741.66%
002701.SZORG Technology Co.,Ltd.4.95%$0.2968.18%
3702.TWWPG Holdings Limited4.95%$2.9381.01%
5353.TWOTailyn Technologies, Inc.4.95%$1.2992.09%
8966.THeiwa Real Estate REIT, Inc.4.95%$7,784.9462.25%
BOBA.JKPT Formosa Ingredient Factory Tbk4.95%$9.0050.69%
EPG-R.BKEastern Polymer Group Public Company Limited4.95%$0.1439.44%
MMP-UN.TOPrecious Metals and Mining Trust4.95%$0.1937.80%
VFQS.QAVodafone Qatar P.Q.S.C.4.95%$0.1280.20%
WJX.TOWajax Corporation4.95%$1.3765.74%
0RI3.LPareto Bank ASA4.94%$4.4950.07%
3226.TMitsui Fudosan Accommodations Fund Inc.4.94%$6,633.1172.65%
600987.SSZhejiang Hangmin Co.,Ltd4.94%$0.3447.75%
6596.TWOKuang Hong Arts Management Incorporation4.94%$6.9937.90%
ALLUX.PAInstallux S.A.4.94%$15.3129.71%
5110.SRSaudi Electricity Company4.93%$0.7051.64%
HYPE3.SAHypera S.A.4.93%$1.1588.85%
0966.HKChina Taiping Insurance Holdings Company Limited4.92%$0.9521.78%
5213.TWOYeaShin International Development Co., Ltd.4.92%$1.1837.56%
600295.SSInner Mongolia Erdos Resources Co.,ltd.4.92%$0.6192.93%
6192.TWLumax International Corp., Ltd.4.92%$5.4852.55%
E3G1.SGEvolution AB (publ)4.92%$2.8450.73%
XO.BKExotic Food Public Company Limited4.92%$0.7257.45%
059090.KQMiCo Ltd.4.91%$674.3669.83%
0662.HKAsia Financial Holdings Limited4.91%$0.2419.50%
4928.TNoevir Holdings Co., Ltd.4.91%$224.9495.68%
600970.SSSinoma International Engineering Co.Ltd4.91%$0.5144.22%
601319.SSThe People's Insurance Company (Group) of China Limited4.91%$0.4442.28%
EVLI.HEEvli Oyj4.91%$1.1492.58%
MRXMarex Group plc Ordinary Shares4.91%$1.8638.69%
SPMA.JKPT Suparma Tbk4.91%$11.9734.68%
TABREED.AENational Central Cooling Company PJSC4.91%$0.1677.99%
081660.KSMisto Holdings Corp.4.90%$2,010.6262.73%
300770.SZGuangdong South New Media Co.,Ltd.4.90%$2.0863.80%
7944.TRoland Corporation4.90%$174.9564.69%
IGTInternational Game Technology PLC4.90%$0.8083.51%
SYDB.COSydbank A/S4.90%$27.5761.30%
7246.KLSignature International Berhad4.89%$0.0748.72%
9917.TWTaiwan Secom Co., Ltd.4.89%$5.2880.23%
QBE.AXQBE Insurance Group Limited4.89%$0.9739.27%
TRIS3.SATrisul S.A.4.89%$0.3025.32%
000877.SZTianshan Material Co., Ltd.4.88%$0.2693.74%
0236.HKSan Miguel Brewery Hong Kong Limited4.88%$0.0633.49%
4007.SRAl Hammadi Holding Company4.88%$1.3884.27%
600901.SSJiangsu Financial Leasing Co., Ltd.4.88%$0.3054.72%
601098.SSChina South Publishing & Media Group Co., Ltd4.88%$0.5562.37%
SPIE.PASPIE S.a.4.88%$2.4095.87%
TOTO.JKPT Surya Toto Indonesia Tbk4.88%$13.1736.11%
002035.SZVatti Corporation Limited4.87%$0.3057.45%
002807.SZJiangsu Jiangyin Rural Commercial Bank Co.,LTD.4.87%$0.2225.03%