Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Xinjiang Hongtong Natural Gas Co., Ltd. (605169.SS)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$3.40 - $5.27$4.26
Multi-Stage$8.16 - $8.97$8.56
Blended Fair Value$6.41
Current Price$14.05
Upside-54.37%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019201820172016
DPS-16.19%0.00%0.230.200.410.370.020.560.260.610.010.00
YoY Growth--13.36%-50.63%11.51%1,675.75%-96.27%111.95%-56.72%3,973.84%0.00%0.00%
Dividend Yield--2.33%2.25%3.72%3.11%0.14%3.26%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)100.62
(-) Cash Dividends Paid (M)91.62
(=) Cash Retained (M)9.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)20.1212.587.55
Cash Retained (M)9.009.009.00
(-) Cash Required (M)-20.12-12.58-7.55
(=) Excess Retained (M)-11.13-3.581.45
(/) Shares Outstanding (M)279.15279.15279.15
(=) Excess Retained per Share-0.04-0.010.01
LTM Dividend per Share0.330.330.33
(+) Excess Retained per Share-0.04-0.010.01
(=) Adjusted Dividend0.290.320.33
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3.40$4.26$5.27
Upside / Downside-75.83%-69.65%-62.46%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)100.6299.6198.6297.6396.6695.6998.56
Payout Ratio91.06%90.85%90.64%90.42%90.21%90.00%92.50%
Projected Dividends (M)91.6290.5089.3888.2887.1986.1291.17

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)84.2685.1285.98
Year 2 PV (M)77.4879.0780.67
Year 3 PV (M)71.2573.4575.70
Year 4 PV (M)65.5268.2371.03
Year 5 PV (M)60.2563.3866.65
PV of Terminal Value (M)1,919.762,019.722,123.81
Equity Value (M)2,278.512,388.982,503.84
Shares Outstanding (M)279.15279.15279.15
Fair Value$8.16$8.56$8.97
Upside / Downside-41.91%-39.09%-36.16%

High-Yield Dividend Screener

« Prev Page 4 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EG7.IRFBD Holdings plc12.49%$1.9761.47%
WILCG. Willi-Food International Ltd.12.48%$3.5852.70%
9908.HKJiaXing Gas Group Co., Ltd.12.44%$1.0240.94%
MPMX.JKPT Mitra Pinasthika Mustika Tbk12.44%$120.0095.84%
0QL5.LCarlo Gavazzi Holding AG12.42%$20.0062.49%
GOZ.AXGrowthpoint Properties Australia12.40%$0.3016.37%
1999.HKMan Wah Holdings Limited12.39%$0.5757.62%
1285.HKJiashili Group Limited12.38%$0.1455.24%
600015.SSHua Xia Bank Co., Limited12.36%$0.8549.77%
BNP.DEBNP Paribas S.A.12.28%$10.0751.11%
0836.HKChina Resources Power Holdings Company Limited12.20%$2.1541.97%
BIS.AXBisalloy Steel Group Limited12.19%$0.5981.88%
KBS.BKKhonburi Sugar Public Company Limited12.17%$0.7056.34%
9300.SRAlwaha REIT Fund12.14%$1.1871.67%
2005.HKSSY Group Limited12.13%$0.3550.50%
BGI-UN.TOBrookfield Global Infrastructure Securities Income Fund12.09%$0.9646.13%
2003.HKVCREDIT Holdings Limited12.07%$0.3218.47%
1713.HKSichuan Energy Investment Development Co., Ltd.12.02%$0.2941.35%
NSI.ASNSI N.V.12.02%$2.3330.60%
RIO1.DERio Tinto Group12.02%$8.2864.54%
IGL.AXIVE Group Limited12.01%$0.3574.81%
0G5B.LSto SE & Co. KGaA12.00%$14.6483.41%
CDU.LSConduril - Engenharia, S.A.12.00%$1.8069.00%
2156.HKC&D Property Management Group Co. Limited11.98%$0.3354.74%
0057.HKChen Hsong Holdings Limited11.94%$0.1945.38%
BBSE3.SABB Seguridade Participações S.A.11.93%$4.2691.94%
SWUT.VISW Umwelttechnik Stoiser & Wolschner AG11.93%$3.7034.18%
0Q76.LCBo Territoria S.A.11.92%$0.4461.80%
ALCOF.PACofidur S.A.11.92%$34.8038.87%
0239.HKPak Fah Yeow International Limited11.87%$0.2852.60%
2356.HKDah Sing Banking Group Limited11.87%$1.2941.19%
3311.HKChina State Construction International Holdings Limited11.87%$1.1029.31%
ENGI.PAEngie S.A.11.87%$2.7376.93%
SENA.BKSena Development Public Company Limited11.86%$0.2074.93%
4348.SRAlkhabeer REIT Fund11.85%$0.6698.08%
AWZ.SIMulti-Chem Limited11.83%$0.4160.70%
0331.HKFSE Lifestyle Services Limited11.81%$0.6731.73%
SUL.AXSuper Retail Group Limited11.78%$1.8791.92%
2877.HKChina Shineway Pharmaceutical Group Limited11.77%$1.0139.47%
DSWLDeswell Industries, Inc.11.77%$0.4027.95%
0855.HKChina Water Affairs Group Limited11.75%$0.6256.78%
0659.HKCTF Services Limited11.70%$0.8876.18%
DRA.AXDRA Global Limited11.69%$0.2158.65%
GWA.AXGWA Group Limited11.68%$0.2995.40%
0968.HKXinyi Solar Holdings Limited11.67%$0.3670.18%
ENI-UN.TOEnergy Income Fund11.66%$0.2356.38%
TCF.AX360 Capital Mortgage REIT11.66%$0.6776.18%
3316.HKBinjiang Service Group Co. Ltd.11.65%$2.7669.09%
CC3.SIStarHub Ltd11.65%$0.1381.69%
TFG-R.BKThaifoods Group Public Company Limited11.65%$0.5242.58%