Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Liaoning Cheng Da Co., Ltd. (600739.SS)

Company Dividend Discount ModelIndustry: Medical - DistributionSector: Healthcare

Valuation Snapshot

Stable Growth$5.79 - $9.16$7.33
Multi-Stage$9.23 - $10.13$9.67
Blended Fair Value$8.50
Current Price$12.29
Upside-30.83%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.68%15.57%0.520.590.670.640.480.340.520.330.330.32
YoY Growth---12.03%-11.62%3.69%34.88%39.44%-33.98%55.06%1.95%3.70%158.97%
Dividend Yield--4.96%5.70%5.12%4.01%2.34%1.88%3.39%1.85%1.85%1.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)862.79
(-) Cash Dividends Paid (M)398.90
(=) Cash Retained (M)463.89
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)172.56107.8564.71
Cash Retained (M)463.89463.89463.89
(-) Cash Required (M)-172.56-107.85-64.71
(=) Excess Retained (M)291.33356.04399.18
(/) Shares Outstanding (M)1,522.311,522.311,522.31
(=) Excess Retained per Share0.190.230.26
LTM Dividend per Share0.260.260.26
(+) Excess Retained per Share0.190.230.26
(=) Adjusted Dividend0.450.500.52
WACC / Discount Rate7.86%7.86%7.86%
Growth Rate0.02%1.02%2.02%
Fair Value$5.79$7.33$9.16
Upside / Downside-52.91%-40.38%-25.44%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)862.79871.63880.56889.59898.71907.92935.15
Payout Ratio46.23%54.99%63.74%72.49%81.25%90.00%92.50%
Projected Dividends (M)398.90479.28561.27644.89730.17817.12865.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.86%7.86%7.86%
Growth Rate0.02%1.02%2.02%
Year 1 PV (M)439.95444.35448.75
Year 2 PV (M)472.93482.43492.03
Year 3 PV (M)498.79513.90529.32
Year 4 PV (M)518.40539.45561.13
Year 5 PV (M)532.53559.69587.94
PV of Terminal Value (M)11,594.8212,186.1212,801.30
Equity Value (M)14,057.4214,725.9415,420.46
Shares Outstanding (M)1,522.311,522.311,522.31
Fair Value$9.23$9.67$10.13
Upside / Downside-24.86%-21.29%-17.58%

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%