Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd (603876.SS)

Company Dividend Discount ModelIndustry: AluminumSector: Basic Materials

Valuation Snapshot

Stable Growth$13.94 - $68.05$24.80
Multi-Stage$8.75 - $9.55$9.14
Blended Fair Value$16.97
Current Price$11.58
Upside46.57%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS11.35%12.26%0.490.710.360.270.370.290.230.260.130.15
YoY Growth---30.54%96.65%30.93%-24.96%27.58%27.40%-14.64%108.77%-13.54%-5.43%
Dividend Yield--5.44%7.08%1.59%1.35%5.78%3.93%1.97%2.43%1.17%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)383.29
(-) Cash Dividends Paid (M)247.93
(=) Cash Retained (M)135.35
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)76.6647.9128.75
Cash Retained (M)135.35135.35135.35
(-) Cash Required (M)-76.66-47.91-28.75
(=) Excess Retained (M)58.6987.44106.60
(/) Shares Outstanding (M)880.08880.08880.08
(=) Excess Retained per Share0.070.100.12
LTM Dividend per Share0.280.280.28
(+) Excess Retained per Share0.070.100.12
(=) Adjusted Dividend0.350.380.40
WACC / Discount Rate8.14%8.14%8.14%
Growth Rate5.50%6.50%7.50%
Fair Value$13.94$24.80$68.05
Upside / Downside20.40%114.18%487.68%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)383.29408.20434.73462.99493.08525.13540.89
Payout Ratio64.69%69.75%74.81%79.87%84.94%90.00%92.50%
Projected Dividends (M)247.93284.72325.23369.81418.81472.62500.32

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.14%8.14%8.14%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)260.82263.29265.77
Year 2 PV (M)272.93278.13283.38
Year 3 PV (M)284.30292.46300.78
Year 4 PV (M)294.95306.29317.96
Year 5 PV (M)304.91319.64334.93
PV of Terminal Value (M)6,284.216,587.746,902.88
Equity Value (M)7,702.128,047.558,405.69
Shares Outstanding (M)880.08880.08880.08
Fair Value$8.75$9.14$9.55
Upside / Downside-24.42%-21.04%-17.52%

High-Yield Dividend Screener

« Prev Page 64 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
WAC.DEWacker Neuson SE2.39%$0.6066.56%
002984.SZQingdao Sentury Tire Co., Ltd.2.38%$0.5036.63%
003650.KSMichang Oil Ind .Co.,Ltd.2.38%$2,999.969.11%
008420.KSMoonbaesteel Co.,Ltd2.38%$49.9345.80%
033270.KSKorea United Pharm Inc.2.38%$452.5915.84%
2200.SRArabian Pipes Company2.38%$0.1119.59%
600916.SSChina National Gold Group Gold Jewellery Co.,Ltd.2.38%$0.1975.48%
6683.TWOKeystone Microtech Corporation2.38%$9.9865.32%
8255.TAxial Retailing Inc.2.38%$27.3926.77%
CPIN.JKPT Charoen Pokphand Indonesia Tbk2.38%$108.0046.06%
ECILC.ISEIS Eczacibasi Ilaç, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S.2.38%$1.9955.96%
MALEE.BKMalee Group Public Company Limited2.38%$0.1027.58%
MERC4.SAMercantil Financeira S.A. - Crédito, Financiamento e Investimento2.38%$0.3033.30%
002734.SZLimin Group Co., Ltd.2.37%$0.3841.84%
0RC6.LPharma Mar, S.A.2.37%$0.7933.20%
601066.SSCSC Financial Co., Ltd.2.37%$0.6349.15%
601199.SSJiangsu Jiangnan Water Co., Ltd.2.37%$0.1330.40%
6752.TPanasonic Holdings Corporation2.37%$48.0035.05%
8732.TMoney Partners Group Co.,Ltd.2.37%$11.2256.03%
TMILL.BKT S Flour Mill Public Company Limited2.37%$0.0550.08%
000923.SZHBIS Resources Co., Ltd.2.36%$0.5062.02%
003100.KQSUN KWANG CO.,Ltd.2.36%$450.009.05%
0322.HKTingyi (Cayman Islands) Holding Corp.2.36%$0.2837.83%
092780.KSDYP Co.,Ltd2.36%$80.0413.83%
194370.KSJS Corporation2.36%$289.3014.00%
300498.SZWens Foodstuff Group Co., Ltd.2.36%$0.4033.81%
3715.TWDynamic Holding Co., Ltd.2.36%$3.0087.49%
601126.SSBeijing Sifang Automation Co.,Ltd2.36%$0.7174.03%
603167.SSBohai Ferry Group Co., Ltd.2.36%$0.2236.07%
6062.TCharm Care Corporation2.36%$29.9333.34%
6197.TSolasto Corporation2.36%$20.0442.12%
6586.TMakita Corporation2.36%$111.8037.02%
GUNA.JKGunanusa Eramandiri Tbk.2.36%$7.1827.33%
LLQ.SWLalique Group S.A.2.36%$0.8354.12%
003480.KSHanjin Heavy Industries & Construction Holdings Co., Ltd.2.35%$109.434.27%
007310.KSOtoki Corporation2.35%$9,000.8630.39%
200130.KQKolmar BNH Co., Ltd.2.35%$308.5362.12%
5263.KLSunway Construction Group Bhd2.35%$0.1363.40%
7522.TWatami Co., Ltd.2.35%$22.6923.93%
ALMOU.PAMoulinvest S.A.2.35%$0.5245.03%
AMFG.JKPT Asahimas Flat Glass Tbk2.35%$80.2525.12%
DIF.BKDigital Telecommunications Infrastructure Fund2.35%$0.2219.79%
002959.SZBear Electric Appliance Co.,Ltd.2.34%$0.9944.00%
069080.KQWebzen Inc.2.34%$303.4628.97%
2421.TWSunonwealth Electric Machine Industry Co., Ltd.2.34%$3.7151.15%
300470.SZSinoseal Holding Co., Ltd.2.34%$0.8845.78%
3031.TRACCOON HOLDINGS, Inc.2.34%$15.1438.54%
4260.SRUnited International Transportation Company2.34%$1.4533.16%
600211.SSTibet Rhodiola Pharmaceutical Holding Co.2.34%$1.0032.69%
600739.SSLiaoning Cheng Da Co., Ltd.2.34%$0.2646.23%