Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Binhai Investment Company Limited (2886.HK)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$34.74 - $67.31$63.08
Multi-Stage$10.47 - $11.46$10.96
Blended Fair Value$37.02
Current Price$1.03
Upside3,493.81%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.13%7.85%0.050.100.090.080.030.040.050.040.040.03
YoY Growth---52.15%11.11%13.92%159.87%-22.22%-18.18%10.00%0.00%37.36%40.69%
Dividend Yield--4.11%6.87%5.67%4.94%2.53%2.65%3.78%2.40%2.15%1.28%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)462.77
(-) Cash Dividends Paid (M)169.13
(=) Cash Retained (M)293.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)92.5557.8534.71
Cash Retained (M)293.64293.64293.64
(-) Cash Required (M)-92.55-57.85-34.71
(=) Excess Retained (M)201.09235.79258.93
(/) Shares Outstanding (M)1,367.331,367.331,367.33
(=) Excess Retained per Share0.150.170.19
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share0.150.170.19
(=) Adjusted Dividend0.270.300.31
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate5.50%6.50%7.50%
Fair Value$34.74$63.08$67.31
Upside / Downside3,272.94%6,024.03%6,434.76%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)462.77492.85524.88559.00595.33634.03653.05
Payout Ratio36.55%47.24%57.93%68.62%79.31%90.00%92.50%
Projected Dividends (M)169.13232.81304.05383.58472.15570.63604.07

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)216.91218.96221.02
Year 2 PV (M)263.94268.97274.04
Year 3 PV (M)310.23319.14328.21
Year 4 PV (M)355.79369.48383.55
Year 5 PV (M)400.63419.98440.07
PV of Terminal Value (M)12,766.0213,382.6214,022.82
Equity Value (M)14,313.5314,979.1515,669.72
Shares Outstanding (M)1,367.331,367.331,367.33
Fair Value$10.47$10.96$11.46
Upside / Downside916.33%963.59%1,012.63%

High-Yield Dividend Screener

« Prev Page 54 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600425.SSXinjiang Qingsong Building Materials and Chemicals (Group) Co, Ltd.2.99%$0.1276.32%
605098.SSShanghai Action Education Technology CO.,LTD.2.99%$1.2551.61%
6473.TJTEKT Corporation2.99%$51.9284.17%
B2H.OLB2Holding ASA2.99%$0.2121.39%
GENTERA.MXGentera, S.A.B. de C.V.2.99%$1.3628.15%
JYSK.COJyske Bank A/S2.99%$26.2230.23%
MCGS.QAMedicare Group Q.P.S.C.2.99%$0.2064.83%
002003.SZZhejiang Weixing Industrial Development Co., Ltd.2.98%$0.3255.93%
0RHU.LFlughafen Wien AG2.98%$1.6562.41%
8914.TArealink Co., Ltd.2.98%$31.6944.83%
DXT.TODexterra Group Inc.2.98%$0.3555.12%
NST.AXNorthern Star Resources Limited2.98%$0.7345.12%
600704.SSWuchan Zhongda Group Co.,Ltd.2.97%$0.1722.55%
8593.TMitsubishi HC Capital Inc.2.97%$38.9734.55%
KBL.TOK-Bro Linen Inc.2.97%$1.0469.43%
O10.SIFar East Orchard Limited2.97%$0.0430.11%
PLANB.BKPlan B Media Public Company Limited2.97%$0.1246.85%
005850.KSSL Corporation2.96%$1,235.8318.10%
6527.TWOCrystalvue Medical Corporation2.96%$2.2440.94%
9201.TJapan Airlines Co., Ltd.2.96%$85.8930.05%
9633.HKNongfu Spring Co., Ltd.2.96%$1.4361.73%
9931.TWHsin Kao Gas Co.,Ltd.2.96%$1.0140.68%
FTSFortis Inc.2.96%$1.5447.07%
035890.KQSeohee Construction Co., Ltd.2.95%$47.877.53%
3132.TMacnica Fuji Electronics Holdings, Inc.2.95%$70.5256.32%
600667.SSWuxi Taiji Industry Limited Corporation2.95%$0.2383.84%
603577.SSQingdao Huijintong Power Equipment Co.,Ltd.2.95%$0.3179.62%
603699.SSNeway Valve (Suzhou) Co., Ltd.2.95%$1.5381.92%
000020.KSDongwha Pharm.Co.,Ltd2.94%$182.4465.71%
000895.SZHenan Shuanghui Investment & Development Co.,Ltd.2.94%$0.7852.50%
002540.SZJiangsu Asia-Pacific Light Alloy Technology Co., Ltd.2.94%$0.2163.05%
013120.KQDongWon Development Co.,Ltd.2.94%$80.9285.28%
107590.KSMiwon Holdings Co., Ltd.2.94%$1,985.5919.06%
6779.TNihon Dempa Kogyo Co., Ltd.2.94%$30.0558.30%
8084.TRyoden Corporation2.94%$106.2946.57%
8890.TRaysum Co., Ltd.2.94%$173.1650.05%
9303.TThe Sumitomo Warehouse Co., Ltd.2.94%$104.4036.71%
APZ.AXAspen Group2.94%$0.1631.96%
FSECURE.HEF-Secure Oyj2.94%$0.0645.60%
RELAIS.HERelais Group Oyj2.94%$0.5054.01%
0QN2.LInterroll Holding AG2.93%$63.8341.54%
3515.TWASROCK Incorporation2.93%$7.3057.65%
601619.SSNingxia Jiaze Renewables Corporation Limited2.93%$0.1356.17%
8508.TJ Trust Co., Ltd.2.93%$13.9739.79%
000166.SZShenwan Hongyuan Group Co., Ltd.2.92%$0.1541.10%
002299.SZFujian Sunner Development Co., Ltd.2.92%$0.4839.69%
4949.TWWin Win Precision Technology Co., Ltd.2.92%$1.0855.94%
5386.TTsuruya Co., Ltd.2.92%$11.9857.58%
600267.SSZhejiang Hisun Pharmaceutical Co., Ltd.2.92%$0.2961.49%
600758.SSLIAONING ENERGY INDUSTRY Co.,LTD2.92%$0.1169.99%