Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tianrun Industry Technology Co., Ltd. (002283.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$51.78 - $61.01$57.18
Multi-Stage$44.23 - $48.53$46.34
Blended Fair Value$51.76
Current Price$6.63
Upside680.68%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS32.15%16.69%0.230.060.100.060.050.060.080.050.050.05
YoY Growth--296.01%-41.48%74.42%21.45%-17.90%-25.95%55.04%5.80%-2.47%-1.97%
Dividend Yield--3.44%1.05%1.74%0.80%0.71%1.68%1.74%0.99%0.66%1.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)343.85
(-) Cash Dividends Paid (M)224.81
(=) Cash Retained (M)119.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)68.7742.9825.79
Cash Retained (M)119.04119.04119.04
(-) Cash Required (M)-68.77-42.98-25.79
(=) Excess Retained (M)50.2776.0693.25
(/) Shares Outstanding (M)1,120.831,120.831,120.83
(=) Excess Retained per Share0.040.070.08
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.040.070.08
(=) Adjusted Dividend0.250.270.28
WACC / Discount Rate-2.19%-2.19%-2.19%
Growth Rate5.50%6.50%7.50%
Fair Value$51.78$57.18$61.01
Upside / Downside681.06%762.38%820.22%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)343.85366.20390.00415.35442.35471.10485.23
Payout Ratio65.38%70.30%75.23%80.15%85.08%90.00%92.50%
Projected Dividends (M)224.81257.45293.39332.91376.33423.99448.84

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-2.19%-2.19%-2.19%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)260.74263.21265.68
Year 2 PV (M)300.93306.66312.44
Year 3 PV (M)345.82355.75365.87
Year 4 PV (M)395.92411.14426.80
Year 5 PV (M)451.75473.57496.22
PV of Terminal Value (M)47,822.5850,132.4352,530.68
Equity Value (M)49,577.7351,942.7654,397.70
Shares Outstanding (M)1,120.831,120.831,120.83
Fair Value$44.23$46.34$48.53
Upside / Downside567.16%598.99%632.02%

High-Yield Dividend Screener

« Prev Page 62 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
5139.KLAEON Credit Service (M) Berhad2.49%$0.1421.23%
MOBA.OLMorrow Bank ASA2.49%$0.4035.32%
NOKIA.HENokia Oyj2.49%$0.1465.00%
SUNI.JKPT Sunindo Pratama Tbk2.49%$20.7827.09%
TIPCO.BKTipco Foods Public Company Limited2.49%$0.1933.58%
003220.KSDaewon Pharmaceutical Co., Ltd.2.48%$297.3678.76%
081000.KSIljin Diamond Co.,Ltd2.48%$298.1639.09%
2489.HKPersistence Resources Group Ltd2.48%$0.0348.82%
2755.TWOYoungQin International Co., Ltd.2.48%$2.9054.00%
5474.TWOYuan High-Tech Development Co., Ltd.2.48%$3.9963.53%
6665.TWOHealthconn Corp.2.48%$0.5186.65%
7276.TKoito Manufacturing Co., Ltd.2.48%$57.3733.13%
BREB.BRBrederode S.A.2.48%$2.6620.88%
ICBP.JKPT Indofood CBP Sukses Makmur Tbk2.48%$200.0025.69%
ILU.AXIluka Resources Limited2.48%$0.1513.66%
LOXLEY.BKLoxley Public Company Limited2.48%$0.0332.70%
203450.KQUNION biometrics Co., Ltd.2.47%$77.4517.43%
300138.SZChenGuang Biotech Group Co., Ltd.2.47%$0.3144.10%
600854.SSJiangsu chunlan refrigerating equipment stock co.,ltd.2.47%$0.1253.56%
601108.SSCaitong Securities Co.,Ltd.2.47%$0.2238.34%
ACTINVRB.MXCorporación Actinver, S. A. B. de C. V.2.47%$0.5516.64%
ALCIS.PACatering International & Services S.A.2.47%$0.3426.64%
QBR-A.TOQuebecor Inc.2.47%$1.3738.63%
U13.SIUnited Overseas Insurance Limited2.47%$0.1947.92%
002415.SZHangzhou Hikvision Digital Technology Co., Ltd.2.46%$0.7451.16%
2897.TNissin Foods Holdings Co.,Ltd.2.46%$71.7542.73%
300144.SZSongcheng Performance Development Co.,Ltd2.46%$0.2066.36%
300257.SZKaishan Group Co., Ltd.2.46%$0.3585.09%
4452.TKao Corporation2.46%$153.9058.66%
6530.TWOAxcen Photonics Corporation2.46%$1.5382.52%
6571.TQB Net Holdings Co.,Ltd.2.46%$34.3143.61%
7298.TYachiyo Industry Co., Ltd.2.46%$34.0716.58%
2478.TWTA-I Technology Co., Ltd.2.45%$1.5253.44%
603305.SSNingbo Xusheng Auto Technology Co., Ltd.2.45%$0.4098.16%
603919.SSJINHUI LIQUOR Co.,Ltd.2.45%$0.5065.59%
688616.SSHangzhou Xili Intelligent Technology Co.,Ltd2.45%$0.3055.59%
KALMAR.HEKalmar Oyj2.45%$1.0044.14%
TOWR.JKPT Sarana Menara Nusantara Tbk.2.45%$14.3423.50%
VIVT3.SATelefônica Brasil S.A.2.45%$0.8042.63%
103140.KSPoongsan Corporation2.44%$2,600.4939.75%
300017.SZWangsu Science & Technology Co.,Ltd.2.44%$0.2572.18%
3086.TJ. Front Retailing Co., Ltd.2.44%$53.5343.66%
600182.SSGiti Tire Corporation2.44%$0.3789.97%
600785.SSYinchuan Xinhua Commercial (Group) Co., Ltd.2.44%$0.3355.95%
601636.SSZhuzhou Kibing Group Co.,Ltd2.44%$0.1564.94%
ELET5.SACentrais Elétricas Brasileiras S.A. - Eletrobrás2.44%$1.9263.99%
LISN.SWChocoladefabriken Lindt & Sprüngli AG2.44%$2,845.6050.18%
SCA-A.STSvenska Cellulosa Aktiebolaget SCA (publ)2.44%$3.0059.52%
000858.SZWuliangye Yibin Co.,Ltd.2.43%$2.5835.17%
002328.SZShanghai Xinpeng Industry Co.,Ltd.2.43%$0.1682.89%