DDM Analysis: 300498.SZ

Valuation Snapshot

Stable Growth	$27.04 - $69.67	$40.97
Multi-Stage	$18.93 - $20.67	$19.79
Blended Fair Value	$30.38
Current Price	$18.61
Upside	63.24%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	-13.17%	10.80%	0.33	0.31	0.26	0.34	1.11	0.67	0.35	0.65	0.60	0.11
YoY Growth	-	-	5.79%	21.55%	-25.06%	-68.94%	64.88%	93.84%	-46.53%	8.71%	428.85%	-5.19%
Dividend Yield	-	-	1.99%	1.62%	1.26%	1.56%	6.56%	2.50%	0.97%	3.74%	2.62%	0.38%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	8,077.87
(-) Cash Dividends Paid (M)	2,731.00
(=) Cash Retained (M)	5,346.87

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,615.57	1,009.73	605.84
Cash Retained (M)	5,346.87	5,346.87	5,346.87
(-) Cash Required (M)	-1,615.57	-1,009.73	-605.84
(=) Excess Retained (M)	3,731.30	4,337.14	4,741.03
(/) Shares Outstanding (M)	6,842.62	6,842.62	6,842.62
(=) Excess Retained per Share	0.55	0.63	0.69
LTM Dividend per Share	0.40	0.40	0.40
(+) Excess Retained per Share	0.55	0.63	0.69
(=) Adjusted Dividend	0.94	1.03	1.09
WACC / Discount Rate	9.16%	9.16%	9.16%
Growth Rate	5.48%	6.48%	7.48%
Fair Value	$27.04	$40.97	$69.67
Upside / Downside	45.28%	120.16%	274.39%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	8,077.87	8,601.10	9,158.21	9,751.42	10,383.04	11,055.58	11,387.25
Payout Ratio	33.81%	45.05%	56.29%	67.52%	78.76%	90.00%	92.50%
Projected Dividends (M)	2,731.00	3,874.51	5,154.71	6,584.49	8,177.86	9,950.02	10,533.20

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	9.16%	9.16%	9.16%
Growth Rate	5.48%	6.48%	7.48%
Year 1 PV (M)	3,516.00	3,549.33	3,582.67
Year 2 PV (M)	4,244.90	4,325.77	4,407.40
Year 3 PV (M)	4,920.58	5,061.87	5,205.83
Year 4 PV (M)	5,545.82	5,759.15	5,978.57
Year 5 PV (M)	6,123.25	6,419.07	6,726.22
PV of Terminal Value (M)	105,200.27	110,282.60	115,559.48
Equity Value (M)	129,550.83	135,397.79	141,460.17
Shares Outstanding (M)	6,842.62	6,842.62	6,842.62
Fair Value	$18.93	$19.79	$20.67
Upside / Downside	1.74%	6.33%	11.09%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 63 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
112610.KS	CS Wind Corporation	2.43%	$982.89	21.73%
300452.SZ	Anhui Sunhere Pharmaceutical Excipients Co.,Ltd.	2.43%	$0.33	58.46%
603599.SS	Anhui Guangxin Agrochemical Co., Ltd.	2.43%	$0.28	35.02%
605286.SS	Jiangsu Tongli Risheng Machinery Co., Ltd.	2.43%	$0.99	75.51%
9569.SR	Almuneef Company for Trade, Industry, Agriculture and Contracting	2.43%	$0.20	19.26%
ALV	Autoliv, Inc.	2.43%	$2.97	30.32%
KEPEN.AT	Flour Mills Kepenos S.A.	2.43%	$0.05	39.82%
MSAB-B.ST	Micro Systemation AB (publ)	2.43%	$1.50	65.33%
NEOE3.SA	Neoenergia S.A.	2.43%	$0.77	21.26%
OV8.SI	Sheng Siong Group Ltd	2.43%	$0.06	66.54%
VIL.PA	VIEL & Cie, S.A.	2.43%	$0.40	12.44%
002236.SZ	Zhejiang Dahua Technology Co., Ltd.	2.42%	$0.46	38.43%
006730.KQ	Seobu T&D Co., Ltd.	2.42%	$309.73	27.66%
071050.KS	Korea Investment Holdings Co., Ltd.	2.42%	$3,984.93	13.09%
0DQK.L	Beter Bed Holding N.V.	2.42%	$0.15	53.98%
2409.TW	AUO Corporation	2.42%	$0.31	41.22%
300453.SZ	Jiangxi Sanxin Medtec Co.,Ltd.	2.42%	$0.21	45.08%
600064.SS	Nanjing Gaoke Company Limited	2.42%	$0.21	15.60%
601236.SS	Hongta Securities Co., Ltd.	2.42%	$0.20	95.69%
9550.SR	Sure Global Tech Company	2.42%	$1.52	28.67%
9562.SR	Foods Gate Trading Co.	2.42%	$0.67	13.40%
AEONTS-R.BK	AEON Thana Sinsap (Thailand) Public Company Limited	2.42%	$2.60	21.04%
NMAN.ST	Nederman Holding AB (publ)	2.42%	$4.00	47.45%
SALIK.AE	Salik Company P.J.S.C.	2.42%	$0.16	83.74%
SKMO.ST	Skåne-möllan AB (publ)	2.42%	$1.40	96.86%
001130.KS	Daehan Flour Mills Co.,Ltd	2.41%	$3,470.92	10.83%
080160.KQ	Modetour Network Inc.	2.41%	$249.37	24.80%
0U96.L	Everest Re Group, Ltd.	2.41%	$8.07	61.23%
3591.T	Wacoal Holdings Corp.	2.41%	$106.27	49.77%
601966.SS	Shandong Linglong Tyre Co.,Ltd.	2.41%	$0.35	42.43%
7951.T	Yamaha Corporation	2.41%	$26.35	66.95%
BORG.ST	Björn Borg AB (publ)	2.41%	$1.50	43.49%
EIOF.OL	Eidesvik Offshore ASA	2.41%	$0.30	28.32%
ETTE.HE	Etteplan Oyj	2.41%	$0.23	71.21%
ZZ-B.ST	Zinzino AB (publ)	2.41%	$3.76	58.64%
002968.SZ	New Dazheng Property Group Co., Ltd.	2.40%	$0.29	59.28%
0NZN.L	Robertet S.A.	2.40%	$21.10	23.60%
4015.SR	Jamjoom Pharmaceuticals Factory Company	2.40%	$3.46	54.14%
7703.TWO	Rayzher	2.40%	$5.49	59.71%
BBL.AX	Brisbane Broncos Limited	2.40%	$0.04	25.15%
002158.SZ	Shanghai Hanbell Precise Machinery Co., Ltd.	2.39%	$0.60	60.14%
004690.KS	Samchully Co.,Ltd	2.39%	$3,000.02	10.30%
0GVS.L	Catena AB (publ)	2.39%	$8.76	32.84%
300577.SZ	Anhui Korrun Co., Ltd.	2.39%	$0.51	36.22%
3044.TW	Tripod Technology Corporation	2.39%	$7.48	42.14%
603080.SS	Xinjiang Torch Gas Co., Ltd	2.39%	$0.57	43.55%
6780.TWO	Study King Co., Ltd.	2.39%	$0.80	89.60%
6804.T	Hosiden Corporation	2.39%	$59.44	25.81%
KBLM.JK	PT Kabelindo Murni Tbk	2.39%	$8.08	12.05%
SCANFL.HE	Scanfil Oyj	2.39%	$0.24	42.33%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Wens Foodstuff Group Co., Ltd. (300498.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener