Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shandong Swan CottonIndustrial Machinery Stock Co.,Ltd. (603029.SS)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$14.73 - $36.51$22.05
Multi-Stage$10.34 - $11.29$10.80
Blended Fair Value$16.43
Current Price$17.91
Upside-8.29%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS18.06%13.08%0.180.180.080.070.080.080.050.070.000.00
YoY Growth---0.19%108.88%26.84%-12.40%-1.00%41.19%-22.17%0.00%0.00%-100.00%
Dividend Yield--1.06%0.98%0.38%0.47%0.78%0.69%0.42%0.42%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)81.20
(-) Cash Dividends Paid (M)22.76
(=) Cash Retained (M)58.44
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)16.2410.156.09
Cash Retained (M)58.4458.4458.44
(-) Cash Required (M)-16.24-10.15-6.09
(=) Excess Retained (M)42.2048.2952.35
(/) Shares Outstanding (M)122.06122.06122.06
(=) Excess Retained per Share0.350.400.43
LTM Dividend per Share0.190.190.19
(+) Excess Retained per Share0.350.400.43
(=) Adjusted Dividend0.530.580.62
WACC / Discount Rate9.31%9.31%9.31%
Growth Rate5.50%6.50%7.50%
Fair Value$14.73$22.05$36.51
Upside / Downside-17.75%23.11%103.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)81.2086.4892.1098.09104.46111.25114.59
Payout Ratio28.04%40.43%52.82%65.21%77.61%90.00%92.50%
Projected Dividends (M)22.7634.9648.6563.9781.07100.13106.00

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.31%9.31%9.31%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)31.6831.9832.28
Year 2 PV (M)39.9540.7141.48
Year 3 PV (M)47.6148.9750.36
Year 4 PV (M)54.6856.7858.94
Year 5 PV (M)61.2064.1567.22
PV of Terminal Value (M)1,026.441,076.021,127.49
Equity Value (M)1,261.561,318.621,377.79
Shares Outstanding (M)122.06122.06122.06
Fair Value$10.34$10.80$11.29
Upside / Downside-42.29%-39.68%-36.98%

High-Yield Dividend Screener

« Prev Page 32 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603551.SSAUPU Intelligent Technology Corporation Limited4.75%$0.5570.57%
ABCB4.SABanco ABC Brasil S.A.4.75%$1.1227.47%
ASSA.JKPT Adi Sarana Armada Tbk4.75%$55.3753.84%
CHMF.MEPJSC Severstal4.75%$45.6947.39%
LMN.SWlastminute.com N.V.4.75%$0.6239.82%
LREN3.SALojas Renner S.A.4.75%$0.6445.84%
POT.NZPort of Tauranga Limited4.75%$0.3793.98%
005720.KSNexen Corporation4.74%$283.1621.67%
0DTK.LSavencia S.A.4.74%$2.9720.78%
1368.HKXtep International Holdings Limited4.74%$0.2535.82%
3030.SRSaudi Cement Company4.74%$1.6459.10%
EGIE3.SAEngie Brasil Energia S.A.4.74%$1.4839.71%
3570.TWOOtsuka Information Technology Corp.4.73%$7.9755.25%
600096.SSYunnan Yuntianhua Co., Ltd.4.73%$1.5851.07%
CHE-UN.TOChemtrade Logistics Income Fund4.73%$0.7071.01%
GVHGlobavend Holdings Limited4.73%$0.0761.06%
MOUR.BRMoury Construct S.A.4.73%$27.3520.85%
1578.HKBank of Tianjin Co., Ltd.4.72%$0.1210.90%
601598.SSSinotrans Limited4.72%$0.2956.81%
6393.TYuken Kogyo Co., Ltd.4.72%$152.0845.60%
7278.TEXEDY Corporation4.72%$264.7876.11%
SHURB.XDShurgard Self Storage Ltd4.72%$1.3821.77%
TDThe Toronto-Dominion Bank4.72%$4.4637.31%
0QLW.LALSO Holding AG4.71%$10.0755.86%
111110.KSHojeon Limited4.71%$377.8120.16%
3413.TWFoxsemicon Integrated Technology Inc.4.71%$13.2962.47%
BVG.BKBlueVenture Group Public Company Limited4.71%$0.0858.67%
DUNI.STDuni AB (publ)4.71%$5.0071.87%
002810.KSSamyung Trading Co., Ltd.4.70%$746.8222.45%
013520.KSHwaseung Corporation Co.,Ltd.4.70%$101.2413.31%
2S.BK2S Metal Public Company Limited4.70%$0.1176.54%
COLOR.BKSalee Colour Public Company Limited4.70%$0.0565.65%
GJTL.JKPT. Gajah Tunggal Tbk4.70%$49.8216.37%
JHSF3.SAJHSF Participações S.A.4.70%$0.3719.33%
0QLN.LTecan Group AG4.69%$6.0146.42%
2891.TWCTBC Financial Holding Co., Ltd.4.69%$2.3963.03%
9536.SRArabian Food & Dairy Factories Company4.69%$2.7742.88%
KAMART.BKKarmarts Public Company Limited4.69%$0.4280.09%
SNW.DESanofi4.69%$3.8751.33%
WWL.WAWawel S.A.4.69%$35.0061.86%
603299.SSJiang Su Suyan Jingshen Co.,Ltd.4.68%$0.4972.35%
001790.KSTS Corporation4.67%$129.8523.71%
6049.HKPoly Property Services Co., Ltd.4.67%$1.5127.86%
ABRD.MEPJSC Abrau-Durso4.67%$7.7335.43%
CURY3.SACury Construtora e Incorporadora S.A.4.67%$1.4749.28%
INCI.JKPT Intanwijaya Internasional Tbk4.67%$34.7631.60%
NTGY.MCNaturgy Energy Group, S.A.4.67%$1.2057.49%
1015.KLAMMB Holdings Berhad4.66%$0.3048.65%
1686.HKSUNeVision Holdings Ltd.4.66%$0.2247.87%
1834.SRSaudi Manpower Solutions Co.4.66%$0.2581.73%