Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Greentown China Holdings Limited (3900.HK)

Company Dividend Discount ModelIndustry: Real Estate - DevelopmentSector: Real Estate

Valuation Snapshot

Stable Growth$114.12 - $186.70$174.97
Multi-Stage$31.41 - $34.32$32.84
Blended Fair Value$103.90
Current Price$8.62
Upside1,105.38%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.87%1.61%0.430.500.460.340.300.200.170.100.000.00
YoY Growth---14.00%9.62%32.29%16.69%49.84%15.17%67.01%0.00%0.00%-100.00%
Dividend Yield--4.94%6.94%4.53%3.37%3.09%2.30%3.32%1.13%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,378.91
(-) Cash Dividends Paid (M)2,354.76
(=) Cash Retained (M)24.15
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)475.78297.36178.42
Cash Retained (M)24.1524.1524.15
(-) Cash Required (M)-475.78-297.36-178.42
(=) Excess Retained (M)-451.63-273.22-154.27
(/) Shares Outstanding (M)2,533.982,533.982,533.98
(=) Excess Retained per Share-0.18-0.11-0.06
LTM Dividend per Share0.930.930.93
(+) Excess Retained per Share-0.18-0.11-0.06
(=) Adjusted Dividend0.750.820.87
WACC / Discount Rate6.19%6.19%6.19%
Growth Rate5.50%6.50%7.50%
Fair Value$114.12$174.97$186.70
Upside / Downside1,223.94%1,929.80%2,065.94%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,378.912,533.532,698.212,873.603,060.383,259.313,357.09
Payout Ratio98.98%97.19%95.39%93.59%91.80%90.00%92.50%
Projected Dividends (M)2,354.762,462.292,573.852,689.512,809.342,933.383,105.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.19%6.19%6.19%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)2,296.892,318.672,340.44
Year 2 PV (M)2,239.692,282.352,325.41
Year 3 PV (M)2,183.132,245.802,309.65
Year 4 PV (M)2,127.212,209.022,293.16
Year 5 PV (M)2,071.942,172.012,275.92
PV of Terminal Value (M)68,665.5371,982.1075,425.61
Equity Value (M)79,584.3983,209.9486,970.19
Shares Outstanding (M)2,533.982,533.982,533.98
Fair Value$31.41$32.84$34.32
Upside / Downside264.35%280.95%298.16%

High-Yield Dividend Screener

« Prev Page 53 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603600.SSUE Furniture Co., Ltd.3.04%$0.3645.42%
6725.TWOCica-Huntek Chemical Technology Taiwan Co., Ltd.3.04%$8.6629.24%
7736.TWOHushan3.04%$2.7334.63%
9631.SRHedab Alkhaleej Trading Co.3.04%$0.9315.05%
EMBELL.STEmbellence Group AB (publ)3.04%$1.2345.31%
HBH.DEHORNBACH Holding AG & Co. KGaA3.04%$2.5026.39%
S68.SISingapore Exchange Limited3.04%$0.5244.77%
000563.SZShaanxi International Trust Co.,Ltd.3.03%$0.1037.59%
000651.SZGree Electric Appliances, Inc. of Zhuhai3.03%$1.2221.25%
002588.SZStanley Agriculture Group Co.,Ltd.3.03%$0.3035.63%
2890.TWSinoPac Financial Holdings Company Limited3.03%$0.8747.46%
300146.SZBy-health Co., Ltd.3.03%$0.3688.13%
AN3PJ.AXANZ Group Holdings Limited3.03%$3.1474.08%
SBMA.JKPT Surya Biru Murni Acetylene Tbk3.03%$4.0026.88%
003008.SZXuchang KETOP Testing Research Institute Co.,Ltd3.02%$0.6577.32%
350520.KSIGIS RESIDENCE REIT Co., Ltd.3.02%$115.5129.71%
5249.KLIOI Properties Group Berhad3.02%$0.0826.55%
601609.SSNingbo Jintian Copper(Group) Co., Ltd.3.02%$0.3365.77%
6667.TWOTrusval Technology Co., Ltd.3.02%$8.1265.45%
9202.TANA Holdings Inc.3.02%$89.9231.71%
AXFO.STAxfood AB (publ)3.02%$8.7188.81%
EQTL3.SAEquatorial Energia S.A.3.02%$1.1643.16%
GARAN.ISTurkiye Garanti Bankasi A.S.3.02%$4.5217.50%
IMOImperial Oil Limited3.02%$2.6933.94%
JEN.BRJensen-Group N.V.3.02%$1.7919.29%
002116.SZChina Haisum Engineering Co., Ltd.3.01%$0.3140.43%
007210.KSByucksan Corporation3.01%$52.2417.82%
0QO7.LBarry Callebaut AG3.01%$57.9084.65%
0R8X.LPlazza AG3.01%$12.5035.89%
1837.HKNatural Food International Holding Limited3.01%$0.0322.72%
280360.KSLotte Wellfood Co.,Ltd3.01%$3,368.6447.78%
7236.TT.RAD Co., Ltd.3.01%$247.2925.88%
ARJO-B.STArjo AB (publ)3.01%$0.9559.13%
FAE.MCFaes Farma, S.A.3.01%$0.1638.53%
000582.SZBeibu Gulf Port Co., Ltd.3.00%$0.2861.06%
5227.KLIGB Real Estate Investment Trust3.00%$0.0849.35%
600989.SSNingxia Baofeng Energy Group Co., Ltd.3.00%$0.5939.72%
601058.SSSailun Group Co., Ltd.3.00%$0.4942.76%
9147.TNippon Express Holdings,Inc.3.00%$100.5780.85%
EUROB.ATEurobank Ergasias Services and Holdings S.A.3.00%$0.1128.68%
KLBF.JKPT Kalbe Farma Tbk.3.00%$36.1046.82%
KNOPKNOT Offshore Partners LP3.00%$0.3131.19%
SANT.DEKontron AG3.00%$0.5826.01%
000932.SZHunan Valin Steel Co., Ltd.2.99%$0.1741.58%
002039.SZGuiZhou QianYuan Power Co., Ltd.2.99%$0.5452.04%
028100.KSDong-Ah Geological Engineering Company Ltd.2.99%$509.7141.84%
0R6S.LZehnder Group AG2.99%$2.4466.50%
2658.KLAjinomoto (Malaysia) Bhd2.99%$0.4144.56%
3486.TGlobal Link Management Inc.2.99%$63.6616.66%
4002.SRMouwasat Medical Services Company2.99%$2.0052.94%