Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Shennan Circuit Company Limited (002916.SZ)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$777.43 - $915.94$858.37
Multi-Stage$613.86 - $673.72$643.23
Blended Fair Value$750.80
Current Price$216.64
Upside246.57%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.33%18.17%0.921.000.960.920.770.470.350.330.220.22
YoY Growth---7.83%4.30%4.31%19.39%63.13%34.55%5.82%49.80%1.50%25.53%
Dividend Yield--0.95%1.35%1.35%1.32%1.14%0.43%0.58%0.92%1.74%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,715.34
(-) Cash Dividends Paid (M)829.48
(=) Cash Retained (M)1,885.86
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)543.07339.42203.65
Cash Retained (M)1,885.861,885.861,885.86
(-) Cash Required (M)-543.07-339.42-203.65
(=) Excess Retained (M)1,342.791,546.441,682.21
(/) Shares Outstanding (M)589.57589.57589.57
(=) Excess Retained per Share2.282.622.85
LTM Dividend per Share1.411.411.41
(+) Excess Retained per Share2.282.622.85
(=) Adjusted Dividend3.684.034.26
WACC / Discount Rate-0.74%-0.74%-0.74%
Growth Rate5.50%6.50%7.50%
Fair Value$777.43$858.37$915.94
Upside / Downside258.86%296.22%322.79%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,715.342,891.833,079.803,279.993,493.193,720.253,831.85
Payout Ratio30.55%42.44%54.33%66.22%78.11%90.00%92.50%
Projected Dividends (M)829.481,227.251,673.222,171.982,728.513,348.223,544.46

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-0.74%-0.74%-0.74%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,224.741,236.351,247.96
Year 2 PV (M)1,666.401,698.141,730.18
Year 3 PV (M)2,158.722,220.692,283.83
Year 4 PV (M)2,706.322,810.402,917.45
Year 5 PV (M)3,314.213,474.293,640.49
PV of Terminal Value (M)350,846.08367,792.08385,386.64
Equity Value (M)361,916.47379,231.94397,206.55
Shares Outstanding (M)589.57589.57589.57
Fair Value$613.86$643.23$673.72
Upside / Downside183.36%196.91%210.99%

High-Yield Dividend Screener

« Prev Page 7 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PLYMPlymouth Industrial REIT, Inc.4.80%$1.0549.94%
SAFTSafety Insurance Group, Inc.4.80%$3.6361.47%
CETCentral Securities Corp.4.79%$2.4313.87%
GBLIGlobal Indemnity Group, LLC4.79%$1.3870.11%
JANIXJanus Henderson Triton Fund Class D4.79%$1.2767.95%
MITNAG Mortgage Investment Trust, Inc. 9.500% Senior Notes due 20294.77%$1.2175.90%
PRUPrudential Financial, Inc.4.77%$5.4373.37%
IFAFXThe Income Fund of America, Class F-1 Shares4.76%$1.2433.91%
AMECXAmerican Funds The Income Fund of America Class A4.74%$1.2433.91%
UMPQUmpqua Holdings Corporation4.74%$0.8454.13%
NFBKNorthfield Bancorp, Inc.4.73%$0.5454.01%
SBSISouthside Bancshares, Inc.4.72%$1.4462.24%
TNLTravel + Leisure Co.4.72%$3.4054.99%
AIRCApartment Income REIT Corp.4.68%$1.8341.27%
SONSonoco Products Company4.68%$2.0832.95%
OFLXOmega Flex, Inc.4.67%$1.3685.30%
FTAIOFTAI Aviation Ltd.4.65%$1.1825.22%
WDWalker & Dunlop, Inc.4.65%$2.7379.29%
0J2Z.LHA Sustainable Infrastructure Capital, Inc.4.63%$1.4766.70%
FLMNFalcon Minerals Corporation4.63%$0.3681.83%
GSRMGSR II Meteora Acquisition Corp.4.62%$0.1532.94%
FBFWXAmerican Funds Retirement Income Portfolio - Moderate Class F-14.61%$0.6379.77%
GPSThe Gap, Inc.4.61%$0.9341.48%
QUADQuad/Graphics, Inc.4.61%$0.2764.56%
BMYBristol-Myers Squibb Company4.59%$2.4582.81%
WTBAWest Bancorporation, Inc.4.56%$0.9952.39%
SCPLSciPlay Corporation4.55%$1.0417.40%
OLPOne Liberty Properties, Inc.4.53%$0.9257.61%
RWAYLRunway Growth Finance Corp. - 74.53%$1.1475.51%
INSWInternational Seaways, Inc.4.52%$2.1248.43%
RWAYZRunway Growth Finance Corp. 8.00% Notes due 20274.52%$1.1475.51%
DDominion Energy, Inc.4.48%$2.6597.13%
TGTTarget Corporation4.48%$4.5054.48%
COLBColumbia Banking System, Inc.4.47%$1.2662.95%
DFPAXBNY Mellon Diversified International Fund Class A4.46%$0.4556.12%
KEYKeyCorp4.46%$0.9495.81%
RPTIXT. Rowe Price Mid-Cap Growth Fund4.46%$4.3859.54%
CGBDCarlyle Secured Lending, Inc.4.45%$0.5655.08%
NEWTPNewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B4.44%$1.0244.14%
PFCPremier Financial Corp.4.43%$1.2468.07%
BFCBank First Corporation4.40%$5.3073.82%
DUKDuke Energy Corporation4.40%$5.1780.55%
0L77.LSkyworks Solutions, Inc.4.37%$2.7990.67%
ESCAEscalade, Incorporated4.35%$0.6065.28%
DINOHF Sinclair Corporation4.34%$2.0396.43%
LBAILakeland Bancorp, Inc.4.34%$0.5844.96%
CVXChevron Corporation4.32%$6.7495.36%
CVBFCVB Financial Corp.4.31%$0.8154.32%
HTBKHeritage Commerce Corp4.30%$0.5273.66%
EQREquity Residential4.28%$2.6689.76%