Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Zhe Jiang Hai Liang Co., Ltd (002203.SZ)

Company Dividend Discount ModelIndustry: CopperSector: Basic Materials

Valuation Snapshot

Stable Growth$23.30 - $70.25$65.83
Multi-Stage$9.66 - $10.56$10.10
Blended Fair Value$37.97
Current Price$13.00
Upside192.05%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS20.17%18.48%0.450.310.230.160.140.180.220.150.100.11
YoY Growth--46.59%33.52%39.56%18.44%-22.53%-19.92%49.05%51.51%-7.71%30.26%
Dividend Yield--4.78%3.17%1.96%1.56%1.57%1.98%2.41%1.73%1.09%1.42%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)749.08
(-) Cash Dividends Paid (M)391.64
(=) Cash Retained (M)357.44
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)149.8293.6356.18
Cash Retained (M)357.44357.44357.44
(-) Cash Required (M)-149.82-93.63-56.18
(=) Excess Retained (M)207.62263.80301.26
(/) Shares Outstanding (M)2,120.692,120.692,120.69
(=) Excess Retained per Share0.100.120.14
LTM Dividend per Share0.180.180.18
(+) Excess Retained per Share0.100.120.14
(=) Adjusted Dividend0.280.310.33
WACC / Discount Rate6.78%6.78%6.78%
Growth Rate5.50%6.50%7.50%
Fair Value$23.30$65.83$70.25
Upside / Downside79.26%406.40%440.36%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)749.08797.77849.63904.85963.671,026.301,057.09
Payout Ratio52.28%59.83%67.37%74.91%82.46%90.00%92.50%
Projected Dividends (M)391.64477.28572.39677.85794.61923.67977.81

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.78%6.78%6.78%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)442.78446.97451.17
Year 2 PV (M)492.63502.02511.49
Year 3 PV (M)541.23556.77572.60
Year 4 PV (M)588.59611.23634.51
Year 5 PV (M)634.74665.40697.23
PV of Terminal Value (M)17,779.8318,638.6019,530.24
Equity Value (M)20,479.8121,420.9922,397.25
Shares Outstanding (M)2,120.692,120.692,120.69
Fair Value$9.66$10.10$10.56
Upside / Downside-25.71%-22.30%-18.76%

High-Yield Dividend Screener

« Prev Page 75 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600283.SSQianjiang Water Resources Development Co., Ltd. Class A1.84%$0.1740.35%
600348.SSShan Xi Huayang Group New Energy Co.,Ltd.1.84%$0.1535.88%
601878.SSZheshang Securities Co., Ltd.1.84%$0.2035.18%
603339.SSSquare Technology Group Co.,Ltd1.84%$0.2445.85%
603351.SSNanjing Well Pharmaceutical Group Co.,Ltd.1.84%$0.4843.82%
603637.SSZhenhai Petrochemical Engineering Co. Ltd.1.84%$0.2051.47%
7160.KLPentamaster Corporation Berhad1.84%$0.0796.65%
E28.SIFrencken Group Limited1.84%$0.0328.64%
LATO-B.STInvestment AB Latour (publ)1.84%$4.0954.81%
0GXK.LVBG Group AB (publ)1.83%$7.2642.89%
3402.TToray Industries, Inc.1.83%$18.6947.76%
603726.SSZhejiang Langdi Group Co., Ltd.1.83%$0.4437.76%
AAG.DEAumann AG1.83%$0.2217.47%
CTPNV.ASCTP N.V.1.83%$0.3212.83%
G92.SIChina Aviation Oil (Singapore) Corporation Ltd1.83%$0.0330.20%
002083.SZSunvim Group Co.,Ltd1.82%$0.2263.82%
002393.SZTianjin Lisheng Pharmaceutical Co.,Ltd.1.82%$0.3926.18%
002906.SZForyou Corporation1.82%$0.5639.04%
008040.KSSajodongaone Co.,Ltd1.82%$19.8511.32%
023810.KSINFAC Corporation1.82%$179.9335.31%
4245.TDaiki Axis Co., Ltd.1.82%$12.3669.20%
4568.TDaiichi Sankyo Company, Limited1.82%$60.9238.27%
601956.SSHubei Donper Electromechanical Group Co., Ltd.1.82%$0.1363.00%
6238.TFURYU Corporation1.82%$19.4627.81%
688819.SSTianneng Battery Group Co., Ltd.1.82%$0.6140.50%
7917.TZACROS Corporation1.82%$21.0323.83%
8905.TAEON Mall Co., Ltd.1.82%$50.0279.78%
GAVA.MXAcosta Verde, S.A.B. de C.V.1.82%$3.2514.81%
H13.SIHo Bee Land Limited1.82%$0.0417.64%
RUG.STRugvista Group AB (publ)1.82%$1.2643.10%
SAMART.BKSamart Corporation Public Company Limited1.82%$0.1021.27%
002946.SZNew Hope Dairy Co., Ltd.1.81%$0.3341.97%
0OFP.ILNCC AB (publ)1.81%$3.9924.59%
2040.SRSaudi Ceramic Company1.81%$0.5086.31%
3260.TWOADATA Technology Co., Ltd.1.81%$5.0746.69%
5235SS.KLKLCC Property Holdings Berhad1.81%$0.1638.48%
5321.TWOUnited Recommend International Co., Ltd.1.81%$0.6783.04%
605088.SSGSP Automotive Group Wenzhou Co.,Ltd.1.81%$0.6542.04%
6271.TWTong Hsing Electronic Industries, Ltd.1.81%$2.4332.14%
6754.TAnritsu Corporation1.81%$40.6757.15%
HEBA-B.STHeba Fastighets AB (publ)1.81%$0.5533.11%
VRG.WAVRG S.A.1.81%$0.0922.39%
002552.SZBaoding Technology Co., Ltd.1.80%$0.3061.55%
002811.SZShenzhen Cheng Chung Design Co., Ltd.1.80%$0.2758.86%
0288.HKWH Group Limited1.80%$0.1682.20%
0YSU.LEpiroc AB (publ)1.80%$3.8053.30%
300272.SZCanature Health Technology Co., Ltd.1.80%$0.1382.69%
600461.SSJiangxi Hongcheng Environment Co.,Ltd.1.80%$0.1722.97%
600794.SSZhang Jia Gang Freetrade Science&Technology Group Co.,Ltd.1.80%$0.0799.64%
605099.SSCoCreation Grass Co., Ltd1.80%$0.6440.62%