Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Changjiang Securities Company Limited (000783.SZ)

Company Dividend Discount ModelIndustry: Financial - Capital MarketsSector: Financial Services

Valuation Snapshot

Stable Growth$24.65 - $129.52$49.37
Multi-Stage$16.73 - $18.31$17.50
Blended Fair Value$33.44
Current Price$8.30
Upside302.85%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.74%12.51%0.390.370.550.410.370.180.450.360.470.20
YoY Growth--6.10%-32.94%34.03%11.38%104.15%-60.25%26.66%-23.52%132.74%67.22%
Dividend Yield--6.13%6.50%9.81%6.54%5.18%2.81%5.86%4.92%4.76%1.95%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,773.66
(-) Cash Dividends Paid (M)1,659.54
(=) Cash Retained (M)2,114.12
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)754.73471.71283.02
Cash Retained (M)2,114.122,114.122,114.12
(-) Cash Required (M)-754.73-471.71-283.02
(=) Excess Retained (M)1,359.381,642.411,831.09
(/) Shares Outstanding (M)5,748.415,748.415,748.41
(=) Excess Retained per Share0.240.290.32
LTM Dividend per Share0.290.290.29
(+) Excess Retained per Share0.240.290.32
(=) Adjusted Dividend0.530.570.61
WACC / Discount Rate6.87%6.87%6.87%
Growth Rate4.64%5.64%6.64%
Fair Value$24.65$49.37$129.52
Upside / Downside197.03%494.83%1,460.44%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,773.663,986.664,211.674,449.394,700.534,965.845,114.81
Payout Ratio43.98%53.18%62.39%71.59%80.80%90.00%92.50%
Projected Dividends (M)1,659.542,120.172,627.503,185.353,797.814,469.254,731.20

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.87%6.87%6.87%
Growth Rate4.64%5.64%6.64%
Year 1 PV (M)1,965.031,983.812,002.59
Year 2 PV (M)2,257.062,300.402,344.16
Year 3 PV (M)2,536.052,609.452,684.25
Year 4 PV (M)2,802.422,911.083,022.88
Year 5 PV (M)3,056.573,205.433,360.04
PV of Terminal Value (M)83,536.8387,605.3191,830.80
Equity Value (M)96,153.96100,615.50105,244.72
Shares Outstanding (M)5,748.415,748.415,748.41
Fair Value$16.73$17.50$18.31
Upside / Downside101.53%110.88%120.58%

High-Yield Dividend Screener

« Prev Page 39 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002450.KSSAMICK MUSICAL INSTRUMENT Co., Ltd4.08%$49.7918.17%
003380.KQHarim Holdings Co., Ltd.4.08%$447.0736.82%
2798.HKPerennial Energy Holdings Limited4.08%$0.059.52%
N2IU.SIMapletree Pan Asia Commercial Trust4.08%$0.0645.97%
WIPRO.BOWipro Limited4.08%$10.9885.26%
000421.SZNanjing Public Utilities Development Co., Ltd.4.07%$0.2891.69%
003030.KSSeAH Steel Holdings Corporation4.07%$5,154.5338.17%
2154.TOpen Up Group Inc.4.07%$75.0151.97%
6411.TWOAmazing Microelectronic Corp.4.07%$3.1585.74%
KINO.JKPT Kino Indonesia Tbk4.06%$56.1756.49%
WIIM.JKPT Wismilak Inti Makmur Tbk4.06%$64.8035.76%
134380.KSMiwon Chemicals Co., Ltd.4.05%$3,833.4233.65%
2912.TWPresident Chain Store Corporation4.05%$8.9883.72%
5438.TWOTeco Image Systems Co., Ltd.4.05%$0.9378.68%
IG.MIItalgas S.p.A.4.05%$0.3936.35%
TWR.AXTower Limited4.05%$0.0719.30%
002215.SZShenzhen Noposion Agrochemicals Co.,Ltd4.04%$0.4361.18%
1603.TWChina Wire & Cable Co., Ltd.4.04%$1.5040.87%
601567.SSNingbo Sanxing Medical Electric Co.,Ltd.4.04%$0.9365.61%
6846.TWOGreenyn Biotechnology Co., Ltd4.04%$2.9867.75%
ASEFA.BKAsefa Public Company Limited4.04%$0.1436.27%
JLG.AXJohns Lyng Group Limited4.04%$0.1653.65%
004910.KSChokwang Paint Co., Ltd.4.03%$200.1355.11%
JTPE.JKPT Jasuindo Tiga Perkasa Tbk4.03%$24.0060.60%
MTDL.JKPT Metrodata Electronics Tbk4.03%$24.0039.08%
SPINNEYS.AESpinneys 1961 Hold4.03%$0.0666.84%
605077.SSZhejiang Huakang Pharmaceutical Co., Ltd.4.02%$0.5970.96%
6190.HKBank of Jiujiang Co., Ltd.4.02%$0.079.94%
THANI.BKRatchthani Leasing Public Company Limited4.02%$0.0745.63%
010770.KSPyung Hwa Holdings Co., Ltd.4.01%$149.9011.24%
0RPP.LValartis Group AG4.01%$0.499.63%
301004.SZZhejiang Cayi Vacuum Container Co., Ltd.4.01%$2.0954.91%
4968.TArakawa Chemical Industries, Ltd.4.01%$48.9456.00%
FESA3.SACia de Ferro Ligas da Bahia - FERBASA4.01%$0.4676.61%
HBOR3.SAHelbor Empreendimentos S.A.4.01%$0.1032.33%
089860.KSLOTTE rental co.,ltd.4.00%$1,199.9835.09%
0OJJ.LACTIA Group S.A.4.00%$0.1233.82%
2128.HKChina Lesso Group Holdings Limited4.00%$0.1915.85%
3338.TWTaiSol Electronics Co., Ltd.4.00%$2.0185.10%
AIL.DEL'Air Liquide S.A.4.00%$6.3556.81%
CUBLionheart Holdings4.00%$0.4393.60%
DHL.DEDeutsche Post AG4.00%$1.8860.01%
FCMC.PASociété Fermière du Casino Municipal de Cannes4.00%$85.5728.90%
009160.KSSIMPAC Inc.3.99%$202.3392.46%
033780.KSKT&G Corporation3.99%$5,606.0952.73%
603309.SSWell Lead Medical Co., Ltd.3.99%$0.5464.79%
6761.TWOWendell Industrial Co., Ltd3.99%$5.6281.14%
MULT3.SAMultiplan Empreendimentos Imobiliários S.A.3.99%$1.0842.74%
300641.SZJiangsu Zhengdan Chemical Industry Co., Ltd.3.98%$0.7035.38%
5126.KLSarawak Oil Palms Berhad3.98%$0.1529.34%