Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shennan Circuit Company Limited (002916.SZ)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$108.31 - $288.22$165.78
Multi-Stage$74.61 - $81.49$77.98
Blended Fair Value$121.88
Current Price$216.64
Upside-43.74%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.33%18.17%0.921.000.960.920.770.470.350.330.220.22
YoY Growth---7.83%4.30%4.31%19.39%63.13%34.55%5.82%49.80%1.50%25.53%
Dividend Yield--0.95%1.35%1.35%1.32%1.14%0.43%0.58%0.92%1.74%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,715.34
(-) Cash Dividends Paid (M)829.48
(=) Cash Retained (M)1,885.86
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)543.07339.42203.65
Cash Retained (M)1,885.861,885.861,885.86
(-) Cash Required (M)-543.07-339.42-203.65
(=) Excess Retained (M)1,342.791,546.441,682.21
(/) Shares Outstanding (M)589.57589.57589.57
(=) Excess Retained per Share2.282.622.85
LTM Dividend per Share1.411.411.41
(+) Excess Retained per Share2.282.622.85
(=) Adjusted Dividend3.684.034.26
WACC / Discount Rate9.09%9.09%9.09%
Growth Rate5.50%6.50%7.50%
Fair Value$108.31$165.78$288.22
Upside / Downside-50.01%-23.48%33.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,715.342,891.833,079.803,279.993,493.193,720.253,831.85
Payout Ratio30.55%42.44%54.33%66.22%78.11%90.00%92.50%
Projected Dividends (M)829.481,227.251,673.222,171.982,728.513,348.223,544.46

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.09%9.09%9.09%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,114.431,125.001,135.56
Year 2 PV (M)1,379.741,406.021,432.55
Year 3 PV (M)1,626.381,673.071,720.64
Year 4 PV (M)1,855.301,926.652,000.04
Year 5 PV (M)2,067.402,167.262,270.93
PV of Terminal Value (M)35,943.3637,679.4439,481.96
Equity Value (M)43,986.6245,977.4348,041.68
Shares Outstanding (M)589.57589.57589.57
Fair Value$74.61$77.98$81.49
Upside / Downside-65.56%-64.00%-62.39%

High-Yield Dividend Screener

« Prev Page 38 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
INDF.JKPT Indofood Sukses Makmur Tbk4.19%$280.0031.67%
RBD.AXRestaurant Brands New Zealand Limited4.19%$0.1842.75%
002091.SZJiangsu Guotai International Group Co., Ltd.4.18%$0.3863.98%
017390.KSSeoul City Gas Co., Ltd.4.18%$2,547.5926.43%
ALITL.PAIT Link S.A.4.18%$0.9222.65%
P9D.SICivmec Limited4.18%$0.0538.60%
PJW.BKPanjawattana Plastic Public Company Limited4.18%$0.0933.50%
123890.KSKorea Asset In Trust Co., Ltd.4.17%$100.0820.69%
2729.TWOTTFB Company Limited4.17%$7.3393.07%
6599.KLAeon Co. (M) Bhd.4.17%$0.0553.15%
6967.TWOTrans-Sun Materials Technology Company Limited4.17%$2.8579.87%
9619.SRMulti Business Group Co.4.17%$0.4315.41%
AMAR.JKPT Bank Amar Indonesia Tbk4.17%$9.1671.61%
OLVAS.HEOlvi Oyj4.17%$1.2949.21%
003570.KSSnt Dynamics Co.,Ltd.4.16%$1,868.8054.81%
090350.KSNOROO PAINT & COATINGS Co., Ltd.4.16%$349.9536.31%
3613.HKBeijing Tong Ren Tang Chinese Medicine Company Limited4.16%$0.3556.85%
ALVIV.PAVisiativ S.A.4.16%$1.5433.81%
BCH-R.BKBangkok Chain Hospital Public Company Limited4.16%$0.4383.13%
CMRECostamare Inc.4.16%$0.6524.42%
601336.SSNew China Life Insurance Company Ltd.4.15%$2.9023.52%
005500.KSSamjin Pharmaceuticals Co., Ltd.4.14%$800.5749.67%
600710.SSSumec Corporation Limited4.14%$0.4546.72%
603611.SSNoblelift Intelligent Equipment Co.,Ltd.4.14%$1.0152.65%
8463.TWRuentex Materials Co.,Ltd.4.14%$1.1051.49%
CEYE.BKChamni's Eye Public Company Limited4.14%$0.0864.18%
ORIA.PAFiducial Real Estate S.A.4.14%$6.9628.28%
SWA.DESchloss Wachenheim AG4.14%$0.6050.24%
000686.SZNortheast Securities Co., Ltd.4.13%$0.3861.41%
001680.KSDaesang Corporation4.13%$850.3931.24%
1931.HKIVD Medical Holding Limited4.13%$0.1038.64%
6183.TBELLSYSTEM24 Holdings, Inc.4.13%$59.5554.01%
PSI.AXPSC Insurance Group Limited4.13%$0.2683.22%
0QOL.LKardex Holding AG4.12%$11.3958.10%
600284.SSShanghai Pudong Construction Co.,Ltd.4.12%$0.3590.03%
004450.KSSamhwa Crown & Closure Co., Ltd4.11%$1,204.0140.73%
0KGY.LBTS Group AB (publ)4.11%$5.9033.91%
3406.TWGenius Electronic Optical Co., Ltd4.11%$17.9859.96%
ABS2.DEPORR AG4.11%$1.3446.75%
CCU.SNCompañía Cervecerías Unidas S.A.4.11%$238.7464.77%
2858.HKYixin Group Limited4.10%$0.1043.79%
4081.SRNayifat Finance Company4.10%$0.5062.31%
688628.SSUni-Trend Technology (China) Co., Ltd.4.10%$1.3187.50%
7994.TOkamura Corporation4.10%$94.0341.44%
PKN.WAPolski Koncern Naftowy ORLEN Spólka Akcyjna4.10%$4.1544.90%
TRSB.OLTrøndelag Sparebank4.10%$4.7931.67%
1409.TWShinkong Synthetic Fibers Corporation4.09%$0.6050.43%
4904.TWFar EasTone Telecommunications Co., Ltd.4.09%$3.6495.25%
601872.SSChina Merchants Energy Shipping Co., Ltd.4.09%$0.3758.88%
UGPA3.SAUltrapar Participações S.A.4.09%$0.8632.00%