DDM Analysis: 1999.HK

Valuation Snapshot

Stable Growth	$88.49 - $196.94	$184.57
Multi-Stage	$29.91 - $32.71	$31.28
Blended Fair Value	$107.92
Current Price	$5.66
Upside	1,806.80%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	18.57%	-0.48%	0.30	0.25	0.32	0.29	0.21	0.13	0.18	0.26	0.23	0.14
YoY Growth	-	-	19.11%	-22.21%	9.43%	37.20%	68.44%	-27.98%	-32.99%	14.43%	59.51%	-53.83%
Dividend Yield	-	-	0.00%	4.41%	4.96%	3.41%	1.33%	2.99%	3.69%	4.21%	3.73%	2.93%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	3,873.74
(-) Cash Dividends Paid (M)	2,232.21
(=) Cash Retained (M)	1,641.52

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	774.75	484.22	290.53
Cash Retained (M)	1,641.52	1,641.52	1,641.52
(-) Cash Required (M)	-774.75	-484.22	-290.53
(=) Excess Retained (M)	866.77	1,157.31	1,350.99
(/) Shares Outstanding (M)	3,911.72	3,911.72	3,911.72
(=) Excess Retained per Share	0.22	0.30	0.35
LTM Dividend per Share	0.57	0.57	0.57
(+) Excess Retained per Share	0.22	0.30	0.35
(=) Adjusted Dividend	0.79	0.87	0.92
WACC / Discount Rate	6.44%	6.44%	6.44%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$88.49	$184.57	$196.94
Upside / Downside	1,463.43%	3,160.87%	3,379.57%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	3,873.74	4,125.53	4,393.69	4,679.28	4,983.43	5,307.35	5,466.57
Payout Ratio	57.62%	64.10%	70.57%	77.05%	83.52%	90.00%	92.50%
Projected Dividends (M)	2,232.21	2,644.44	3,100.83	3,605.37	4,162.40	4,776.62	5,056.58

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.44%	6.44%	6.44%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	2,461.01	2,484.34	2,507.67
Year 2 PV (M)	2,685.57	2,736.72	2,788.36
Year 3 PV (M)	2,905.95	2,989.37	3,074.37
Year 4 PV (M)	3,122.21	3,242.28	3,365.79
Year 5 PV (M)	3,334.40	3,495.46	3,662.67
PV of Terminal Value (M)	102,477.01	107,426.68	112,565.80
Equity Value (M)	116,986.16	122,374.86	127,964.66
Shares Outstanding (M)	3,911.72	3,911.72	3,911.72
Fair Value	$29.91	$31.28	$32.71
Upside / Downside	428.38%	452.72%	477.97%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 61 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
017810.KS	Pulmuone Co., Ltd.	2.55%	$331.61	65.57%
023160.KQ	Tae Kwang Corporation	2.55%	$535.13	21.10%
3152.TWO	Advanced Ceramic X Corporation	2.55%	$3.66	36.41%
600415.SS	Zhejiang China Commodities City Group Co., Ltd.	2.55%	$0.41	53.66%
601808.SS	China Oilfield Services Limited	2.55%	$0.36	43.75%
7606.T	United Arrows Ltd.	2.55%	$62.63	43.42%
CYRE3.SA	Cyrela Brazil Realty S.A. Empreendimentos e Participações	2.55%	$0.61	12.29%
JUNGH.SW	Jungheinrich AG	2.55%	$0.79	22.62%
RENT3.SA	Localiza Rent a Car S.A.	2.55%	$1.11	66.67%
002380.KS	KCC Corporation	2.54%	$10,000.23	6.25%
1527.HK	Zhejiang Tengy Environmental Technology Co., Ltd	2.54%	$0.05	4.95%
5212.KL	Pavilion Real Estate Investment Trust	2.54%	$0.05	39.63%
5489.TWO	DynaColor, Inc.	2.54%	$1.02	50.42%
600273.SS	Zhejiang Jiahua Energy Chemical Industry Co.,Ltd.	2.54%	$0.22	28.18%
600724.SS	Ningbo Fuda Company Limited	2.54%	$0.15	96.79%
7505.T	Fuso Dentsu Co., Ltd.	2.54%	$48.50	22.36%
8850.T	Starts Corporation Inc.	2.54%	$121.52	25.36%
BLAU3.SA	Blau Farmacêutica S.A.	2.54%	$0.35	19.81%
2367.HK	Giant Biogene Holding Co., Ltd.	2.53%	$0.87	22.55%
2701.TW	Wan Hwa Enterprise Company Ltd.	2.53%	$0.28	52.89%
600963.SS	Yueyang Forest & Paper Co., Ltd.	2.53%	$0.12	48.95%
603697.SS	YouYou Foods Co., Ltd.	2.53%	$0.31	63.16%
CK-R.BK	CH. Karnchang Public Company Limited	2.53%	$0.30	25.56%
SCHO.CO	Aktieselskabet Schouw & Co.	2.53%	$16.81	42.51%
003006.SZ	Chongqing Baiya Sanitary Products Co., Ltd.	2.52%	$0.55	80.44%
5191.T	Sumitomo Riko Company Limited	2.52%	$66.01	23.54%
600406.SS	NARI Technology Co., Ltd.	2.52%	$0.57	56.63%
600909.SS	Huaan Securities Co., Ltd.	2.52%	$0.17	38.30%
603811.SS	Zhejiang Cheng Yi Pharmaceutical Co., Ltd.	2.52%	$0.26	37.15%
BESALCO.SN	Besalco S.A.	2.52%	$30.59	34.76%
000019.SZ	Shenzhen Cereals Holdings Co., Ltd.	2.51%	$0.17	62.11%
094820.KQ	Iljin Power Co., Ltd.	2.51%	$320.01	48.44%
0QVR.L	Scandi Standard AB (publ)	2.51%	$2.49	52.58%
4041.T	Nippon Soda Co., Ltd.	2.51%	$90.77	32.02%
600056.SS	China Meheco Group Co., Ltd.	2.51%	$0.26	71.36%
605169.SS	Xinjiang Hongtong Natural Gas Co., Ltd.	2.51%	$0.33	91.06%
6691.TW	Yankey Engineering Co., Ltd.	2.51%	$13.92	62.80%
7483.T	Doshisha Co.,Ltd.	2.51%	$82.93	37.87%
GPSC-R.BK	Global Power Synergy Public Company Limited	2.51%	$0.90	51.48%
HOVE.CO	Hove A/S	2.51%	$0.14	34.71%
NOLA-B.ST	Nolato AB (publ)	2.51%	$1.50	51.20%
0QNH.L	Huber+Suhner AG	2.50%	$3.61	49.61%
100840.KS	SNT Energy Co., Ltd.	2.50%	$899.87	27.57%
138490.KS	Kolon Plastics, Inc.	2.50%	$200.40	17.45%
2612.T	Kadoya Sesame Mills Incorporated	2.50%	$99.85	34.73%
603112.SS	Shanxi Huaxiang Group Co., Ltd.	2.50%	$0.43	43.19%
603766.SS	Loncin Motor Co., Ltd.	2.50%	$0.40	45.87%
ISCTR.IS	Türkiye Is Bankasi A.S.	2.50%	$0.36	16.38%
002539.SZ	Chengdu Wintrue Holding Co., Ltd.	2.49%	$0.29	41.75%
2542.TW	Highwealth Construction Corp.	2.49%	$0.98	39.34%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Man Wah Holdings Limited (1999.HK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener