DDM Analysis: 0384.HK

Valuation Snapshot

Stable Growth	$37.52 - $215.52	$70.27
Multi-Stage	$32.79 - $35.88	$34.31
Blended Fair Value	$52.29
Current Price	$7.62
Upside	586.19%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	1.90%	15.85%	0.49	0.55	0.55	0.57	0.48	0.44	0.33	0.26	0.18	0.17
YoY Growth	-	-	-11.82%	-0.02%	-2.29%	17.40%	8.67%	35.11%	27.72%	45.85%	1.24%	55.58%
Dividend Yield	-	-	6.89%	7.91%	5.01%	5.65%	1.52%	1.65%	1.18%	0.90%	1.41%	1.53%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	5,940.36
(-) Cash Dividends Paid (M)	5,629.24
(=) Cash Retained (M)	311.12

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,188.07	742.54	445.53
Cash Retained (M)	311.12	311.12	311.12
(-) Cash Required (M)	-1,188.07	-742.54	-445.53
(=) Excess Retained (M)	-876.95	-431.42	-134.40
(/) Shares Outstanding (M)	5,399.43	5,399.43	5,399.43
(=) Excess Retained per Share	-0.16	-0.08	-0.02
LTM Dividend per Share	1.04	1.04	1.04
(+) Excess Retained per Share	-0.16	-0.08	-0.02
(=) Adjusted Dividend	0.88	0.96	1.02
WACC / Discount Rate	6.33%	6.33%	6.33%
Growth Rate	3.89%	4.89%	5.89%
Fair Value	$37.52	$70.27	$215.52
Upside / Downside	392.41%	822.17%	2,728.32%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	5,940.36	6,230.73	6,535.30	6,854.75	7,189.82	7,541.27	7,767.51
Payout Ratio	94.76%	93.81%	92.86%	91.91%	90.95%	90.00%	92.50%
Projected Dividends (M)	5,629.24	5,845.05	6,068.52	6,299.86	6,539.32	6,787.14	7,184.95

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.33%	6.33%	6.33%
Growth Rate	3.89%	4.89%	5.89%
Year 1 PV (M)	5,444.93	5,497.34	5,549.75
Year 2 PV (M)	5,266.12	5,367.98	5,470.83
Year 3 PV (M)	5,092.64	5,241.12	5,392.46
Year 4 PV (M)	4,924.35	5,116.70	5,314.64
Year 5 PV (M)	4,761.10	4,994.69	5,237.37
PV of Terminal Value (M)	151,580.71	159,017.90	166,744.18
Equity Value (M)	177,069.84	185,235.75	193,709.24
Shares Outstanding (M)	5,399.43	5,399.43	5,399.43
Fair Value	$32.79	$34.31	$35.88
Upside / Downside	330.37%	350.22%	370.81%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 62 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
5139.KL	AEON Credit Service (M) Berhad	2.49%	$0.14	21.23%
MOBA.OL	Morrow Bank ASA	2.49%	$0.40	35.32%
NOKIA.HE	Nokia Oyj	2.49%	$0.14	65.00%
SUNI.JK	PT Sunindo Pratama Tbk	2.49%	$20.78	27.09%
TIPCO.BK	Tipco Foods Public Company Limited	2.49%	$0.19	33.58%
003220.KS	Daewon Pharmaceutical Co., Ltd.	2.48%	$297.36	78.76%
081000.KS	Iljin Diamond Co.,Ltd	2.48%	$298.16	39.09%
2489.HK	Persistence Resources Group Ltd	2.48%	$0.03	48.82%
2755.TWO	YoungQin International Co., Ltd.	2.48%	$2.90	54.00%
5474.TWO	Yuan High-Tech Development Co., Ltd.	2.48%	$3.99	63.53%
6665.TWO	Healthconn Corp.	2.48%	$0.51	86.65%
7276.T	Koito Manufacturing Co., Ltd.	2.48%	$57.37	33.13%
BREB.BR	Brederode S.A.	2.48%	$2.66	20.88%
ICBP.JK	PT Indofood CBP Sukses Makmur Tbk	2.48%	$200.00	25.69%
ILU.AX	Iluka Resources Limited	2.48%	$0.15	13.66%
LOXLEY.BK	Loxley Public Company Limited	2.48%	$0.03	32.70%
203450.KQ	UNION biometrics Co., Ltd.	2.47%	$77.45	17.43%
300138.SZ	ChenGuang Biotech Group Co., Ltd.	2.47%	$0.31	44.10%
600854.SS	Jiangsu chunlan refrigerating equipment stock co.,ltd.	2.47%	$0.12	53.56%
601108.SS	Caitong Securities Co.,Ltd.	2.47%	$0.22	38.34%
ACTINVRB.MX	Corporación Actinver, S. A. B. de C. V.	2.47%	$0.55	16.64%
ALCIS.PA	Catering International & Services S.A.	2.47%	$0.34	26.64%
QBR-A.TO	Quebecor Inc.	2.47%	$1.37	38.63%
U13.SI	United Overseas Insurance Limited	2.47%	$0.19	47.92%
002415.SZ	Hangzhou Hikvision Digital Technology Co., Ltd.	2.46%	$0.74	51.16%
2897.T	Nissin Foods Holdings Co.,Ltd.	2.46%	$71.75	42.73%
300144.SZ	Songcheng Performance Development Co.,Ltd	2.46%	$0.20	66.36%
300257.SZ	Kaishan Group Co., Ltd.	2.46%	$0.35	85.09%
4452.T	Kao Corporation	2.46%	$153.90	58.66%
6530.TWO	Axcen Photonics Corporation	2.46%	$1.53	82.52%
6571.T	QB Net Holdings Co.,Ltd.	2.46%	$34.31	43.61%
7298.T	Yachiyo Industry Co., Ltd.	2.46%	$34.07	16.58%
2478.TW	TA-I Technology Co., Ltd.	2.45%	$1.52	53.44%
603305.SS	Ningbo Xusheng Auto Technology Co., Ltd.	2.45%	$0.40	98.16%
603919.SS	JINHUI LIQUOR Co.,Ltd.	2.45%	$0.50	65.59%
688616.SS	Hangzhou Xili Intelligent Technology Co.,Ltd	2.45%	$0.30	55.59%
KALMAR.HE	Kalmar Oyj	2.45%	$1.00	44.14%
TOWR.JK	PT Sarana Menara Nusantara Tbk.	2.45%	$14.34	23.50%
VIVT3.SA	Telefônica Brasil S.A.	2.45%	$0.80	42.63%
103140.KS	Poongsan Corporation	2.44%	$2,600.49	39.75%
300017.SZ	Wangsu Science & Technology Co.,Ltd.	2.44%	$0.25	72.18%
3086.T	J. Front Retailing Co., Ltd.	2.44%	$53.53	43.66%
600182.SS	Giti Tire Corporation	2.44%	$0.37	89.97%
600785.SS	Yinchuan Xinhua Commercial (Group) Co., Ltd.	2.44%	$0.33	55.95%
601636.SS	Zhuzhou Kibing Group Co.,Ltd	2.44%	$0.15	64.94%
ELET5.SA	Centrais Elétricas Brasileiras S.A. - Eletrobrás	2.44%	$1.92	63.99%
LISN.SW	Chocoladefabriken Lindt & Sprüngli AG	2.44%	$2,845.60	50.18%
SCA-A.ST	Svenska Cellulosa Aktiebolaget SCA (publ)	2.44%	$3.00	59.52%
000858.SZ	Wuliangye Yibin Co.,Ltd.	2.43%	$2.58	35.17%
002328.SZ	Shanghai Xinpeng Industry Co.,Ltd.	2.43%	$0.16	82.89%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

China Gas Holdings Limited (0384.HK)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener