Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shanghai Sinyang Semiconductor Materials Co., Ltd. (300236.SZ)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$53.40 - $164.59$154.25
Multi-Stage$22.25 - $24.34$23.27
Blended Fair Value$88.76
Current Price$62.15
Upside42.82%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS42.88%13.72%0.250.210.230.250.140.040.080.070.040.00
YoY Growth--17.20%-7.37%-9.02%87.40%221.75%-49.40%21.79%58.92%0.00%-100.00%
Dividend Yield--0.71%0.64%0.60%0.71%0.33%0.08%0.29%0.28%0.19%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)257.07
(-) Cash Dividends Paid (M)102.20
(=) Cash Retained (M)154.87
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)51.4132.1319.28
Cash Retained (M)154.87154.87154.87
(-) Cash Required (M)-51.41-32.13-19.28
(=) Excess Retained (M)103.46122.74135.59
(/) Shares Outstanding (M)310.61310.61310.61
(=) Excess Retained per Share0.330.400.44
LTM Dividend per Share0.330.330.33
(+) Excess Retained per Share0.330.400.44
(=) Adjusted Dividend0.660.720.77
WACC / Discount Rate6.81%6.81%6.81%
Growth Rate5.50%6.50%7.50%
Fair Value$53.40$154.25$164.59
Upside / Downside-14.08%148.18%164.83%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)257.07273.78291.57310.53330.71352.21362.77
Payout Ratio39.76%49.80%59.85%69.90%79.95%90.00%92.50%
Projected Dividends (M)102.20136.35174.52217.06264.41316.99335.56

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.81%6.81%6.81%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)126.46127.66128.86
Year 2 PV (M)150.12152.98155.86
Year 3 PV (M)173.17178.15183.21
Year 4 PV (M)195.64203.17210.91
Year 5 PV (M)217.54228.04238.95
PV of Terminal Value (M)6,047.306,339.396,642.65
Equity Value (M)6,910.237,229.387,560.44
Shares Outstanding (M)310.61310.61310.61
Fair Value$22.25$23.27$24.34
Upside / Downside-64.20%-62.55%-60.84%

High-Yield Dividend Screener

« Prev Page 7 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AZK.MCAzkoyen, S.A.10.20%$0.9060.65%
KAPIAB.STKallebäck Property Invest AB (publ)10.19%$21.0091.25%
0071.HKMiramar Hotel and Investment Company, Limited10.18%$1.0543.56%
SOND3.SASondotécnica Engenharia de Solos S.A.10.15%$4.8748.70%
0F6L.LEtablissements Maurel & Prom S.A.10.14%$0.5723.09%
SCCC-R.BKSiam City Cement Public Company Limited10.13%$14.4378.86%
2666.HKGenertec Universal Medical Group Company Limited10.12%$0.6027.87%
0G67.LSparebanken Vest10.11%$19.9465.51%
BY6.FBYD Company Limited10.11%$1.1123.20%
0N4Y.ILEtn. Fr. Colruyt NV10.10%$3.2128.64%
AMAG.JKPT Asuransi Multi Artha Guna Tbk10.10%$40.0099.08%
COLR.BRColruyt Group N.V.10.10%$3.2128.64%
2638.HKHK Electric Investments and HK Electric Investments Limited10.09%$0.6490.04%
GBUS.MIGibus S.p.A.10.09%$1.0050.80%
PT.BKPremier Technology Public Company Limited10.08%$1.2099.46%
1606.HKChina Development Bank Financial Leasing Co., Ltd.10.05%$0.1824.74%
CITA.JKPT Cita Mineral Investindo Tbk10.05%$445.0053.80%
BJTM.JKPT Bank Pembangunan Daerah Jawa Timur Tbk10.04%$54.7160.03%
EZTC3.SAEZTEC Empreendimentos e Participações S.A.10.04%$1.3855.20%
CRES.BACresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria10.03%$194.1967.22%
0NX1.ILAalberts N.V.10.02%$2.8278.30%
Q-CON.BKQuality Construction Products Public Company Limited10.02%$0.6577.43%
QHHR.BKQuality Houses Hotel and Residence Freehold and Leasehold Property Fund10.01%$0.6729.76%
DPAM.PALes Docks des Pétroles d'Ambès -SA10.00%$92.0087.00%
ITNS.BKInternational Network System Public Company Limited10.00%$0.1589.11%
SMSM.JKPT Selamat Sempurna Tbk10.00%$175.0091.04%
9578.SRAtlas Elevators General Trading and Contracting Co.9.98%$1.5253.96%
1044.HKHengan International Group Company Limited9.96%$2.8161.10%
2282.HKMGM China Holdings Limited9.95%$1.2956.05%
036530.KSSNT Holdings Co., Ltd.9.94%$5,467.3751.15%
V03.SIVenture Corporation Limited9.94%$1.5188.95%
1118.HKGolik Holdings Limited9.91%$0.1221.69%
AJ91.DEDocCheck AG9.90%$1.2583.74%
SUSCO.BKSusco Public Company Limited9.90%$0.2172.28%
0267.HKCITIC Limited9.89%$1.2233.15%
AZJ.AXAurizon Holdings Limited9.89%$0.3687.87%
NOS.LSNos, S.g.p.s., S.a.9.89%$0.4080.94%
1113.HKCK Asset Holdings Limited9.84%$3.9651.18%
GC.BKGlobal Connections Public Company Limited9.79%$0.3985.45%
LLBN.SWLiechtensteinische Landesbank AG9.78%$8.2074.94%
001120.KSLX International Corp.9.77%$3,127.2297.53%
GVF.AXStaude Capital Global Value Fund Limited9.73%$0.1454.60%
0023.HKThe Bank of East Asia, Limited9.72%$1.3143.70%
HBTS5.SACompanhia Habitasul de Participações9.72%$2.8363.33%
LAVV3.SALavvi Empreendimentos Imobiliários S.A.9.70%$1.5362.21%
POPF.BKPrime Office Leasehold Property Fund9.70%$0.6681.20%
ASRNL.ASASR Nederland N.V.9.68%$5.9273.33%
0QMG.LSwiss Life Holding AG9.66%$50.7872.66%
1292.HKChangan Minsheng APLL Logistics Co., Ltd.9.66%$0.3852.62%
GMI.SWGroupe Minoteries S.A.9.65%$22.0062.67%