Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Zhejiang Shibao Company Limited (002703.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$4.47 - $9.85$6.43
Multi-Stage$3.25 - $3.55$3.40
Blended Fair Value$4.91
Current Price$14.05
Upside-65.03%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS51.67%-4.65%0.030.010.010.010.010.000.000.040.040.05
YoY Growth--234.34%49.02%9.27%4.99%40.43%107.15%-95.43%-0.84%-15.87%-2.12%
Dividend Yield--0.24%0.06%0.07%0.10%0.10%0.08%0.03%0.61%0.30%0.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)186.82
(-) Cash Dividends Paid (M)49.92
(=) Cash Retained (M)136.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)37.3623.3514.01
Cash Retained (M)136.90136.90136.90
(-) Cash Required (M)-37.36-23.35-14.01
(=) Excess Retained (M)99.53113.55122.89
(/) Shares Outstanding (M)822.78822.78822.78
(=) Excess Retained per Share0.120.140.15
LTM Dividend per Share0.060.060.06
(+) Excess Retained per Share0.120.140.15
(=) Adjusted Dividend0.180.200.21
WACC / Discount Rate9.79%9.79%9.79%
Growth Rate5.50%6.50%7.50%
Fair Value$4.47$6.43$9.85
Upside / Downside-68.22%-54.25%-29.88%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)186.82198.96211.89225.66240.33255.95263.63
Payout Ratio26.72%39.38%52.03%64.69%77.34%90.00%92.50%
Projected Dividends (M)49.9278.34110.25145.98185.88230.36243.86

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.79%9.79%9.79%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)70.6971.3672.03
Year 2 PV (M)89.7591.4693.19
Year 3 PV (M)107.22110.30113.44
Year 4 PV (M)123.19127.93132.80
Year 5 PV (M)137.74144.40151.30
PV of Terminal Value (M)2,147.032,250.732,358.40
Equity Value (M)2,675.622,796.172,921.16
Shares Outstanding (M)822.78822.78822.78
Fair Value$3.25$3.40$3.55
Upside / Downside-76.85%-75.81%-74.73%

High-Yield Dividend Screener

« Prev Page 33 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
2948.TWOBausen Inc.4.66%$1.7780.08%
600368.SSGuangxi Wuzhou Communications Co., Ltd.4.66%$0.1845.90%
688606.SSHangzhou Alltest Biotech Co., Ltd.4.66%$2.9879.11%
CHG-R.BKChularat Hospital Public Company Limited4.66%$0.0796.65%
CRT-UN.TOCT Real Estate Investment Trust4.66%$0.7646.43%
KWC.BKKrungdhep Sophon Public Company Limited4.66%$12.4880.34%
QNT.WAQuantum Software S.A.4.66%$1.7748.50%
TOUP.PATouax SCA4.66%$0.2220.71%
002948.SZBank of Qingdao Co., Ltd.4.65%$0.2125.26%
175330.KSJB Financial Group Co., Ltd.4.65%$1,171.1832.82%
ATRAV.HEAtria Oyj4.65%$0.7045.12%
INSET.BKInfraset Public Company Limited4.65%$0.0893.21%
OMAB.MXGrupo Aeroportuario del Centro Norte, S.A.B. de C.V.4.65%$11.2781.96%
TCO.AXTransmetro Corporation Limited4.65%$0.1027.59%
TCO0.DETesco PLC4.65%$0.2458.23%
2748.TWFDC International Hotels Corporation4.64%$2.0087.06%
600351.SSYabao Pharmaceutical Group Co., Ltd4.64%$0.3094.39%
6345.TAichi Corporation4.64%$63.5566.53%
7030.SRMobile Telecommunications Company Saudi Arabia4.64%$0.4967.65%
293480.KSHana Pharm Co., Ltd.4.63%$510.7544.31%
ALFPC.PAFountaine Pajot S.A.4.63%$4.7715.78%
EKTR3.SAElektro Redes S.A.4.63%$2.2847.37%
002749.SZSichuan Guoguang Agrochemical Co., Ltd.4.62%$0.6275.36%
0ROG.LGalenica AG4.62%$4.5160.87%
2534.TWHung Sheng Construction Ltd.4.62%$0.9640.22%
600757.SSChangjiang Publishing & Media Co.,Ltd4.62%$0.4144.68%
8976.TDaiwa Office Investment Corporation4.62%$17,319.0261.76%
BBTN.JKPT Bank Tabungan Negara (Persero) Tbk4.62%$53.5723.29%
SICO.JKPT Sigma Energy Compressindo Tbk4.62%$6.0046.65%
016360.KSSamsung Securities Co., Ltd.4.61%$3,499.8033.25%
603967.SSChina Master Logistics Co., Ltd.4.61%$0.6384.73%
ERAA.JKPT Erajaya Swasembada Tbk4.61%$19.0029.20%
FCR-UN.TOFirst Capital Real Estate Investment Trust4.61%$0.8771.15%
HELN.SWHelvetia Holding AG4.61%$9.6376.62%
SAUCE.BKThaitheparos Public Company Limited4.61%$1.7986.46%
SFSN.SWSFS Group AG4.61%$5.0039.88%
256150.KQHandok Clean Tech Co., Ltd.4.60%$251.5861.57%
600066.SSYutong Bus Co.,Ltd.4.60%$1.5066.89%
6369.TToyo Kanetsu K.K.4.60%$114.2124.14%
AUI.AXAustralian United Investment Company Limited4.60%$0.5263.93%
EXAE.ATHellenic Exchanges - Athens Stock Exchange S.A.4.60%$0.2978.34%
0837.HKCarpenter Tan Holdings Limited4.59%$0.3624.98%
ANSGR.ISAnadolu Anonim Türk Sigorta Sirketi4.59%$1.0517.19%
GLVA.JKPT Galva Technologies Tbk4.59%$19.2060.20%
TEAMG.BKTEAM Consulting Engineering and Management Public Company Limited4.59%$0.1556.43%
UMG.ASUniversal Music Group N.V.4.59%$1.0144.97%
5293.KLAME Elite Consortium Berhad4.58%$0.0740.76%
6534.TWCH Biotech R&D Co., Ltd.4.58%$4.1095.94%
6817.TSumida Corporation4.58%$52.4586.38%
AUDCAudioCodes Ltd.4.58%$0.4082.97%