Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

DongHua Testing Technology Co. , Ltd. (300354.SZ)

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

Valuation Snapshot

Stable Growth$151.83 - $178.88$167.64
Multi-Stage$124.72 - $136.90$130.70
Blended Fair Value$149.17
Current Price$48.29
Upside208.90%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS34.08%10.46%0.130.180.180.110.050.030.010.010.020.02
YoY Growth---26.46%1.06%59.03%120.00%66.67%166.91%124.75%-67.07%-15.63%-62.57%
Dividend Yield--0.30%0.39%0.40%0.36%0.37%0.27%0.10%0.04%0.07%0.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)124.09
(-) Cash Dividends Paid (M)24.68
(=) Cash Retained (M)99.41
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)24.8215.519.31
Cash Retained (M)99.4199.4199.41
(-) Cash Required (M)-24.82-15.51-9.31
(=) Excess Retained (M)74.5983.9090.10
(/) Shares Outstanding (M)137.95137.95137.95
(=) Excess Retained per Share0.540.610.65
LTM Dividend per Share0.180.180.18
(+) Excess Retained per Share0.540.610.65
(=) Adjusted Dividend0.720.790.83
WACC / Discount Rate-1.56%-1.56%-1.56%
Growth Rate5.50%6.50%7.50%
Fair Value$151.83$167.64$178.88
Upside / Downside214.42%247.15%270.44%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)124.09132.15140.74149.89159.64170.01175.11
Payout Ratio19.89%33.91%47.93%61.95%75.98%90.00%92.50%
Projected Dividends (M)24.6844.8167.4692.87121.29153.01161.98

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-1.56%-1.56%-1.56%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)45.1045.5245.95
Year 2 PV (M)68.3269.6270.93
Year 3 PV (M)94.6497.35100.12
Year 4 PV (M)124.38129.16134.08
Year 5 PV (M)157.90165.53173.45
PV of Terminal Value (M)16,715.9817,523.3718,361.66
Equity Value (M)17,206.3118,030.5618,886.19
Shares Outstanding (M)137.95137.95137.95
Fair Value$124.72$130.70$136.90
Upside / Downside158.28%170.65%183.50%

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%