Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Kingland Pipeline and Technologies Co.,Ltd. (002443.SZ)

Company Dividend Discount ModelIndustry: SteelSector: Basic Materials

Valuation Snapshot

Stable Growth$1.69 - $2.31$2.00
Multi-Stage$4.29 - $4.73$4.51
Blended Fair Value$3.26
Current Price$7.72
Upside-57.83%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-24.39%-6.63%0.060.060.410.400.320.240.160.100.140.12
YoY Growth--6.00%-86.08%1.21%28.41%28.88%56.05%60.42%-32.02%17.69%1.70%
Dividend Yield--1.01%0.86%6.25%5.19%4.29%4.23%1.92%1.12%1.20%1.18%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)172.18
(-) Cash Dividends Paid (M)110.38
(=) Cash Retained (M)61.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)34.4421.5212.91
Cash Retained (M)61.8061.8061.80
(-) Cash Required (M)-34.44-21.52-12.91
(=) Excess Retained (M)27.3640.2848.88
(/) Shares Outstanding (M)524.23524.23524.23
(=) Excess Retained per Share0.050.080.09
LTM Dividend per Share0.210.210.21
(+) Excess Retained per Share0.050.080.09
(=) Adjusted Dividend0.260.290.30
WACC / Discount Rate7.41%7.41%7.41%
Growth Rate-7.06%-6.06%-5.06%
Fair Value$1.69$2.00$2.31
Upside / Downside-78.14%-74.03%-70.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)172.18161.75151.96142.75134.10125.98129.76
Payout Ratio64.11%69.29%74.47%79.64%84.82%90.00%92.50%
Projected Dividends (M)110.38112.07113.15113.69113.75113.38120.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.41%7.41%7.41%
Growth Rate-7.06%-6.06%-5.06%
Year 1 PV (M)103.23104.34105.45
Year 2 PV (M)96.0098.08100.18
Year 3 PV (M)88.8591.7594.71
Year 4 PV (M)81.8885.4689.16
Year 5 PV (M)75.1779.3183.62
PV of Terminal Value (M)1,804.211,903.382,006.86
Equity Value (M)2,249.342,362.312,479.98
Shares Outstanding (M)524.23524.23524.23
Fair Value$4.29$4.51$4.73
Upside / Downside-44.42%-41.63%-38.72%

High-Yield Dividend Screener

« Prev Page 50 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688009.SSChina Railway Signal & Communication Corporation Limited3.25%$0.1855.08%
ALMB.COAlm. Brand A/S3.25%$0.6069.79%
BUDI.JKPT Budi Starch & Sweetener Tbk3.25%$7.0135.52%
0398.HKOriental Watch Holdings Limited3.24%$0.1219.25%
044820.KSCosmax BTI, Inc.3.24%$449.6235.33%
8017.HKTradeGo FinTech Limited3.24%$0.0545.22%
ALPM.PAPrecia S.A.3.24%$0.8632.45%
DGV.MIDigital Value S.p.A.3.24%$0.9315.10%
ULTJ.JKPT Ultrajaya Milk Industry & Trading Company Tbk3.24%$46.5039.75%
004890.KSDongil Industries Co.,Ltd.3.23%$1,262.8723.13%
5297.TWO3s Silicon Tech., Inc.3.23%$0.9261.02%
600219.SSShandong Nanshan Aluminium Co.,Ltd.3.23%$0.1739.17%
601018.SSNingbo Zhoushan Port Company Limited3.23%$0.1248.88%
6448.TBrother Industries, Ltd.3.23%$100.9546.67%
AZE.BRAzelis Group N.V.3.23%$0.3024.74%
FDPFresh Del Monte Produce Inc.3.23%$1.1468.58%
FMM-B.STFM Mattsson Mora Group AB (publ)3.23%$2.2587.42%
ITECH.STI-Tech AB3.23%$1.7450.69%
MTY.TOMTY Food Group Inc.3.23%$1.2473.76%
SKA-B.STSkanska AB (publ)3.23%$8.3155.80%
1179.HKH World Group Limited3.22%$1.2098.76%
2745.TWOLife Travel & Tourist Service Co., Ltd.3.22%$3.4841.20%
3533.TWLotes Co., Ltd3.22%$41.6856.60%
5908.KLDKSH Holdings (Malaysia) Berhad3.22%$0.1920.93%
600886.SSSDIC Power Holdings Co., Ltd.3.22%$0.4251.34%
603566.SSPulike Biological Engineering, Inc.3.22%$0.4095.20%
9583.SRUnited Mining Industries Co.3.22%$1.4581.04%
CBG-R.BKCarabao Group Public Company Limited3.22%$1.4047.30%
ESF.VIEurofins Scientific SE3.22%$2.0162.22%
ETE.ATNational Bank of Greece S.A.3.22%$0.4436.82%
MOTV3.SAMotiva S.A.3.22%$0.4833.62%
NCKL.JKPT Trimegah Bangun Persada Tbk3.22%$37.5729.64%
TEA.AXTasmea Ltd3.22%$0.1338.34%
002283.SZTianrun Industry Technology Co., Ltd.3.21%$0.2065.38%
004840.KSDRB Holding Co., Ltd.3.21%$160.4026.30%
241560.KSDoosan Bobcat Inc.3.21%$1,824.8939.43%
300406.SZBeijing Strong Biotechnologies, Inc.3.21%$0.4256.93%
4088.TAir Water Inc.3.21%$72.4432.93%
603187.SSQingdao Hiron Commercial Cold Chain Co., Ltd.3.21%$0.5050.00%
6250.TYamabiko Corporation3.21%$95.3127.60%
SKF-A.STAB SKF (publ)3.21%$7.9374.23%
002441.SZZhongyeda Electric Co., Ltd.3.20%$0.3077.91%
002991.SZGanyuan Foods Co., Ltd.3.20%$1.8265.31%
300833.SZGuangzhou Haoyang Electronic Co.,Ltd.3.20%$1.3092.60%
688799.SSHunan Warrant Pharmaceutical Co.,Ltd3.20%$1.5367.14%
029530.KSsindoh Co.,Ltd.3.19%$1,500.1429.67%
0RL4.LCatella AB (publ)3.19%$0.9147.34%
5889.TJapan Eyewear Holdings Co., Ltd.3.19%$64.7439.09%
DAPS.BODAPS Advertising Ltd.3.19%$0.6514.79%
PTPS.JKPT Pulau Subur Tbk3.19%$6.0038.20%