DDM Analysis: 600801.SS

Valuation Snapshot

Stable Growth	$17.89 - $30.11	$23.24
Multi-Stage	$34.90 - $38.36	$36.60
Blended Fair Value	$29.92
Current Price	$18.50
Upside	61.73%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	0.90%	9.01%	0.82	0.81	0.96	1.03	1.16	0.79	0.43	0.32	0.26	0.37
YoY Growth	-	-	2.22%	-15.87%	-7.41%	-10.59%	46.93%	83.47%	33.22%	25.48%	-30.20%	5.81%
Dividend Yield	-	-	5.93%	5.76%	6.16%	5.24%	4.87%	3.38%	2.47%	3.03%	3.63%	5.72%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	3,281.65
(-) Cash Dividends Paid (M)	1,577.10
(=) Cash Retained (M)	1,704.55

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	656.33	410.21	246.12
Cash Retained (M)	1,704.55	1,704.55	1,704.55
(-) Cash Required (M)	-656.33	-410.21	-246.12
(=) Excess Retained (M)	1,048.22	1,294.35	1,458.43
(/) Shares Outstanding (M)	2,187.19	2,187.19	2,187.19
(=) Excess Retained per Share	0.48	0.59	0.67
LTM Dividend per Share	0.72	0.72	0.72
(+) Excess Retained per Share	0.48	0.59	0.67
(=) Adjusted Dividend	1.20	1.31	1.39
WACC / Discount Rate	6.40%	6.40%	6.40%
Growth Rate	-0.29%	0.71%	1.71%
Fair Value	$17.89	$23.24	$30.11
Upside / Downside	-3.27%	25.64%	62.76%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	3,281.65	3,304.89	3,328.28	3,351.85	3,375.58	3,399.47	3,501.46
Payout Ratio	48.06%	56.45%	64.83%	73.22%	81.61%	90.00%	92.50%
Projected Dividends (M)	1,577.10	1,865.49	2,157.89	2,454.33	2,754.86	3,059.53	3,238.85

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.40%	6.40%	6.40%
Growth Rate	-0.29%	0.71%	1.71%
Year 1 PV (M)	1,735.94	1,753.35	1,770.76
Year 2 PV (M)	1,868.57	1,906.24	1,944.29
Year 3 PV (M)	1,977.68	2,037.78	2,099.09
Year 4 PV (M)	2,065.68	2,149.80	2,236.47
Year 5 PV (M)	2,134.80	2,244.03	2,357.67
PV of Terminal Value (M)	66,547.20	69,951.92	73,494.59
Equity Value (M)	76,329.87	80,043.12	83,902.87
Shares Outstanding (M)	2,187.19	2,187.19	2,187.19
Fair Value	$34.90	$36.60	$38.36
Upside / Downside	88.64%	97.82%	107.36%

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

Huaxin Cement Co., Ltd. (600801.SS)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener