Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Bank of Zhengzhou Co., Ltd. (002936.SZ)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$1.47 - $2.13$1.79
Multi-Stage$3.34 - $3.69$3.51
Blended Fair Value$2.65
Current Price$1.98
Upside33.81%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-19.24%-1.86%0.050.050.110.050.120.150.050.130.120.08
YoY Growth---0.01%-52.13%111.17%-56.35%-22.12%178.07%-57.04%9.54%49.12%23.65%
Dividend Yield--2.71%2.65%5.30%1.94%3.80%5.18%1.19%2.56%2.34%1.57%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,910.68
(-) Cash Dividends Paid (M)480.01
(=) Cash Retained (M)1,430.67
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)382.14238.84143.30
Cash Retained (M)1,430.671,430.671,430.67
(-) Cash Required (M)-382.14-238.84-143.30
(=) Excess Retained (M)1,048.531,191.831,287.37
(/) Shares Outstanding (M)9,178.769,178.769,178.76
(=) Excess Retained per Share0.110.130.14
LTM Dividend per Share0.050.050.05
(+) Excess Retained per Share0.110.130.14
(=) Adjusted Dividend0.170.180.19
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate-3.86%-2.86%-1.86%
Fair Value$1.47$1.79$2.13
Upside / Downside-25.76%-9.66%7.34%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,910.681,856.101,803.081,751.571,701.531,652.921,702.51
Payout Ratio25.12%38.10%51.07%64.05%77.02%90.00%92.50%
Projected Dividends (M)480.01707.14920.891,121.861,310.591,487.631,574.82

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate-3.86%-2.86%-1.86%
Year 1 PV (M)653.86660.66667.46
Year 2 PV (M)787.36803.82820.45
Year 3 PV (M)886.91914.88943.42
Year 4 PV (M)958.06998.541,040.30
Year 5 PV (M)1,005.541,058.931,114.57
PV of Terminal Value (M)26,381.4527,782.2729,241.98
Equity Value (M)30,673.1732,219.1033,828.18
Shares Outstanding (M)9,178.769,178.769,178.76
Fair Value$3.34$3.51$3.69
Upside / Downside68.78%77.28%86.14%

High-Yield Dividend Screener

« Prev Page 44 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600583.SSOffshore Oil Engineering Co.,Ltd3.66%$0.2043.97%
601038.SSFirst Tractor Company Limited3.66%$0.5271.49%
601083.SSShanghai Jinjiang Shipping (Group) Co., Ltd.3.66%$0.4135.56%
601860.SSJiangsu Zijin Rural Commercial Bank Co.,Ltd3.66%$0.1025.05%
ENTEL.SNEmpresa Nacional de Telecomunicaciones S.A.3.66%$179.3263.27%
GGRM.JKPT Gudang Garam Tbk3.66%$500.0087.83%
GOB.DECompagnie de Saint-Gobain S.A.3.66%$3.1932.66%
HCLTECH.BOHCL Technologies Limited3.66%$60.0195.42%
LDA.MCLínea Directa Aseguradora, S.A.3.66%$0.0445.97%
QUB.AXQube Holdings Limited3.66%$0.1892.53%
RCIRogers Communications Inc.3.66%$1.3911.08%
RYRoyal Bank of Canada3.66%$6.2443.22%
VTWR.DEVantage Towers AG3.66%$1.1972.52%
2103.TWTSRC Corporation3.65%$0.5586.36%
383800.KSLX Holdings Corp.3.65%$289.9515.18%
3978.HKChina Beststudy Education Group3.65%$0.1427.04%
4952.TWGeneralplus Technology Inc.3.65%$1.2983.85%
QAL.AXQualitas Limited3.65%$0.1366.09%
300628.SZYealink Network Technology Co., Ltd.3.64%$1.3064.58%
688517.SSJinGuan Electric Co., Ltd.3.64%$0.5791.64%
CEZ.PRCEZ, a. s.3.64%$47.1187.97%
EB5.SIFirst Resources Limited3.64%$0.0840.25%
HEIJM.ASKoninklijke Heijmans N.V.3.64%$2.5236.26%
NOVN.SWNovartis AG3.64%$3.9954.32%
0631.HKSany Heavy Equipment International Holdings Company Limited3.63%$0.3138.50%
0MT8.LDrägerwerk AG & Co. KGaA3.63%$2.0031.00%
0N9Z.LEVS Broadcast Equipment S.A.3.63%$1.3426.19%
267980.KQMaeil Dairies Co., Ltd.3.63%$1,244.0920.37%
600968.SSCNOOC Energy Technology & Services Limited3.63%$0.1437.04%
AALI.JKPT Astra Agro Lestari Tbk3.63%$267.9736.41%
EKTER.ATEkter S.A.3.63%$0.1322.08%
IGM.TOIGM Financial Inc.3.63%$2.2551.57%
018670.KSSK Gas Co., Ltd.3.62%$7,934.7324.18%
0RGI.LCosmo Pharmaceuticals N.V.3.62%$3.8148.74%
101530.KSHaitai Confectionery&Foods Co.,ltd.3.62%$250.1327.55%
230360.KQEchomarketing Co.,Ltd.3.62%$503.2355.69%
SANB11.SABanco Santander (Brasil) S.A.3.62%$1.2276.05%
SBSP3.SACompanhia de Saneamento Básico do Estado de São Paulo - SABESP3.62%$4.8245.66%
000786.SZBeijing New Building Materials Public Limited Company3.61%$0.9049.35%
003013.SZGuangzhou Metro Design & Research Institute Co., Ltd.3.61%$0.5137.72%
272550.KSSamyang Packaging Corporation3.61%$482.8352.27%
300908.SZZhongjing Food Co., Ltd.3.61%$1.0081.13%
4188.TMitsubishi Chemical Group Corporation3.61%$33.0539.87%
600332.SSGuangzhou Baiyunshan Pharmaceutical Holdings Company Limited3.61%$0.9350.53%
600742.SSChangchun FAWAY Automobile Components Co.,Ltd3.61%$0.3653.61%
600928.SSBank of Xi'an Co.,Ltd.3.61%$0.1322.27%
CTD.AXCorporate Travel Management Limited3.61%$0.5847.61%
SAMTEL.BKSamart Telcoms Public Company Limited3.61%$0.1583.39%
0K9W.ILHuhtamäki Oyj3.60%$1.0756.07%
0M6I.LHeijmans N.V.3.60%$2.5236.26%