Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Sany Heavy Industry Co., Ltd (600031.SS)

Company Dividend Discount ModelIndustry: Agricultural - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$25.89 - $84.08$41.95
Multi-Stage$21.39 - $23.41$22.38
Blended Fair Value$32.17
Current Price$23.24
Upside38.42%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.25%12.36%0.350.160.450.660.420.260.150.030.010.04
YoY Growth--111.06%-63.45%-31.67%57.61%62.97%73.92%442.53%201.48%-79.18%-60.00%
Dividend Yield--1.82%1.10%2.63%3.75%1.22%1.48%1.14%0.34%0.12%0.76%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)8,243.08
(-) Cash Dividends Paid (M)3,508.56
(=) Cash Retained (M)4,734.52
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,648.621,030.39618.23
Cash Retained (M)4,734.524,734.524,734.52
(-) Cash Required (M)-1,648.62-1,030.39-618.23
(=) Excess Retained (M)3,085.903,704.134,116.29
(/) Shares Outstanding (M)8,459.218,459.218,459.21
(=) Excess Retained per Share0.360.440.49
LTM Dividend per Share0.410.410.41
(+) Excess Retained per Share0.360.440.49
(=) Adjusted Dividend0.780.850.90
WACC / Discount Rate7.39%7.39%7.39%
Growth Rate4.25%5.25%6.25%
Fair Value$25.89$41.95$84.08
Upside / Downside11.40%80.53%261.81%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)8,243.088,675.649,130.909,610.0510,114.3510,645.1010,964.46
Payout Ratio42.56%52.05%61.54%71.03%80.51%90.00%92.50%
Projected Dividends (M)3,508.564,515.765,619.006,825.598,143.349,580.5910,142.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.39%7.39%7.39%
Growth Rate4.25%5.25%6.25%
Year 1 PV (M)4,165.194,205.144,245.10
Year 2 PV (M)4,780.434,872.584,965.62
Year 3 PV (M)5,356.155,511.775,670.37
Year 4 PV (M)5,894.126,123.556,359.62
Year 5 PV (M)6,396.076,708.787,033.61
PV of Terminal Value (M)154,358.08161,904.92169,744.10
Equity Value (M)180,950.03189,326.75198,018.42
Shares Outstanding (M)8,459.218,459.218,459.21
Fair Value$21.39$22.38$23.41
Upside / Downside-7.96%-3.70%0.73%

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%