Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhe Jiang Hai Liang Co., Ltd (002203.SZ)

Company Dividend Discount ModelIndustry: CopperSector: Basic Materials

Valuation Snapshot

Stable Growth$18.25 - $70.25$51.94
Multi-Stage$8.80 - $9.62$9.20
Blended Fair Value$30.57
Current Price$13.00
Upside135.16%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS20.17%18.48%0.450.310.230.160.140.180.220.150.100.11
YoY Growth--46.59%33.52%39.56%18.44%-22.53%-19.92%49.05%51.51%-7.71%30.26%
Dividend Yield--4.78%3.17%1.96%1.56%1.57%1.98%2.41%1.73%1.09%1.42%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)749.08
(-) Cash Dividends Paid (M)391.64
(=) Cash Retained (M)357.44
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)149.8293.6356.18
Cash Retained (M)357.44357.44357.44
(-) Cash Required (M)-149.82-93.63-56.18
(=) Excess Retained (M)207.62263.80301.26
(/) Shares Outstanding (M)2,120.692,120.692,120.69
(=) Excess Retained per Share0.100.120.14
LTM Dividend per Share0.180.180.18
(+) Excess Retained per Share0.100.120.14
(=) Adjusted Dividend0.280.310.33
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate5.50%6.50%7.50%
Fair Value$18.25$51.94$70.25
Upside / Downside40.37%299.54%440.36%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)749.08797.77849.63904.85963.671,026.301,057.09
Payout Ratio52.28%59.83%67.37%74.91%82.46%90.00%92.50%
Projected Dividends (M)391.64477.28572.39677.85794.61923.67977.81

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)441.31445.50449.68
Year 2 PV (M)489.38498.70508.11
Year 3 PV (M)535.88551.26566.93
Year 4 PV (M)580.84603.18626.16
Year 5 PV (M)624.31654.47685.78
PV of Terminal Value (M)15,988.0916,760.3317,562.11
Equity Value (M)18,659.8219,513.4320,398.77
Shares Outstanding (M)2,120.692,120.692,120.69
Fair Value$8.80$9.20$9.62
Upside / Downside-32.32%-29.22%-26.01%

High-Yield Dividend Screener

« Prev Page 41 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
5271.KLPecca Group Berhad3.89%$0.0781.04%
8183.TWOInfo-Tek Corporation3.89%$1.3053.03%
BDMS-R.BKBangkok Dusit Medical Services Public Company Limited3.89%$0.7572.62%
DANHOS13.MXFibra Danhos3.89%$1.0936.98%
FPE.DEFuchs Petrolub SE3.89%$1.1751.86%
S63.SISingapore Technologies Engineering Ltd3.89%$0.3372.94%
SONIC.BKSonic Interfreight Public Company Limited3.89%$0.0633.00%
0QMW.LKuehne + Nagel International AG3.88%$9.9598.58%
600861.SSFESCO Group Co., Ltd.3.88%$0.7134.85%
CIV.PACaisse régionale de Crédit Agricole Mutuel d'Ille-et-Vilaine Société coopérative3.88%$4.0518.13%
DIR-UN.TODream Industrial Real Estate Investment Trust3.88%$0.4965.95%
GGBR3.SAGerdau S.A.3.88%$0.6845.15%
HMC.AXHMC Capital Limited3.88%$0.1611.87%
000728.SZGuoyuan Securities Company Limited3.87%$0.3252.50%
2145.HKShanghai Chicmax Cosmetic Co., Ltd.3.87%$2.6964.24%
600025.SSHuaneng Lancang River Hydropower Inc.3.87%$0.3575.95%
603970.SSSino-Agri Leading Biosciences Co.,Ltd3.87%$0.5074.51%
6509.TWOTaiwan Hopax Chems.Mfg.Co.,Ltd.3.87%$1.2549.65%
AKZA.ASAkzo Nobel N.V.3.87%$2.3195.66%
1763.HKChina Isotope & Radiation Corporation3.86%$0.8332.12%
600761.SSAnhui Heli Co.,Ltd.3.86%$0.8153.66%
605337.SSZhe Jiang Li Zi Yuan Food Co.,Ltd.3.86%$0.4692.31%
BOSS.DEHugo Boss AG3.86%$1.4043.29%
GOFORE.HEGofore Oyj3.86%$0.5283.77%
LOGO.ISLogo Yazilim Sanayi ve Ticaret A.S.3.86%$5.9443.46%
PKTM.VIPIERER Mobility AG3.86%$0.583.67%
SICT.BKSilicon Craft Technology Public Company Limited3.86%$0.0951.68%
000591.SZCECEP Solar Energy Co.,Ltd.3.85%$0.1763.11%
0QKI.LSwisscom AG3.85%$22.0191.35%
215200.KQMegaStudyEdu Co. Ltd3.85%$1,569.9734.80%
2163.TArtner Co.,Ltd.3.85%$81.5765.08%
3265.TWOWinstek Semiconductor Co., Ltd.3.85%$4.8095.49%
6301.TKomatsu Ltd.3.85%$192.6642.48%
9563.SRBena Steel Industries Co.3.85%$1.5884.07%
CPN-R.BKCentral Pattana Public Company Limited3.85%$2.1257.57%
000080.KSHITEJINRO Co., Ltd.3.84%$700.2055.98%
601921.SSZhejiang Publishing & Media Co., Ltd.3.84%$0.3051.98%
9945.TWRuentex Development Co.,Ltd.3.84%$1.1433.31%
AGUAS-A.SNAguas Andinas S.A.3.84%$14.2270.41%
TNKTeekay Tankers Ltd.3.84%$1.9821.29%
WALMEX.MXWal-Mart de México, S.A.B. de C.V.3.84%$2.1674.07%
000810.KSSamsung Fire & Marine Insurance Co., Ltd.3.83%$19,037.8640.33%
0QPW.LZug Estates Holding AG3.83%$85.0029.91%
9910.TWFeng Tay Enterprises Co., Ltd.3.83%$4.3186.98%
CTC-A.TOCanadian Tire Corporation, Limited3.83%$6.7249.69%
LOR.DEL'Oréal S.A.3.83%$13.9859.38%
SOBOSouth Bow Corporation3.83%$1.0769.36%
0799.HKIGG Inc3.82%$0.1512.76%
105630.KSHansae Co., Ltd.3.82%$500.3039.98%
SIX2.DESixt SE3.82%$2.7144.65%