Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Suntien Green Energy Corporation Limited (600956.SS)

Company Dividend Discount ModelIndustry: Diversified UtilitiesSector: Utilities

Valuation Snapshot

Stable Growth$35.52 - $83.52$78.27
Multi-Stage$12.51 - $13.68$13.08
Blended Fair Value$45.68
Current Price$7.70
Upside493.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS42.14%31.76%0.650.200.170.130.120.110.090.060.010.03
YoY Growth--233.40%15.57%33.55%8.80%3.63%21.36%63.49%320.00%-51.61%-32.61%
Dividend Yield--9.16%2.34%1.81%0.97%0.76%2.45%2.02%1.24%0.29%0.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,735.67
(-) Cash Dividends Paid (M)1,048.17
(=) Cash Retained (M)687.50
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)347.13216.96130.17
Cash Retained (M)687.50687.50687.50
(-) Cash Required (M)-347.13-216.96-130.17
(=) Excess Retained (M)340.37470.54557.32
(/) Shares Outstanding (M)4,132.764,132.764,132.76
(=) Excess Retained per Share0.080.110.13
LTM Dividend per Share0.250.250.25
(+) Excess Retained per Share0.080.110.13
(=) Adjusted Dividend0.340.370.39
WACC / Discount Rate6.50%6.50%6.50%
Growth Rate5.50%6.50%7.50%
Fair Value$35.52$78.27$83.52
Upside / Downside361.32%916.54%984.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,735.671,848.481,968.632,096.602,232.872,378.012,449.35
Payout Ratio60.39%66.31%72.23%78.16%84.08%90.00%92.50%
Projected Dividends (M)1,048.171,225.761,422.021,638.611,877.362,140.212,265.65

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.50%6.50%6.50%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,140.171,150.981,161.78
Year 2 PV (M)1,230.351,253.791,277.44
Year 3 PV (M)1,318.751,356.611,395.18
Year 4 PV (M)1,405.381,459.431,515.02
Year 5 PV (M)1,490.271,562.251,636.99
PV of Terminal Value (M)45,102.1747,280.6349,542.45
Equity Value (M)51,687.1054,063.6856,528.87
Shares Outstanding (M)4,132.764,132.764,132.76
Fair Value$12.51$13.08$13.68
Upside / Downside62.42%69.89%77.64%

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%