Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Gas Holdings Limited (0384.HK)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$37.52 - $215.52$70.27
Multi-Stage$32.79 - $35.88$34.31
Blended Fair Value$52.29
Current Price$7.62
Upside586.20%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS1.90%15.85%0.490.550.550.570.480.440.330.260.180.17
YoY Growth---11.82%-0.02%-2.29%17.40%8.67%35.11%27.72%45.85%1.24%55.58%
Dividend Yield--6.89%7.91%5.01%5.65%1.52%1.65%1.18%0.90%1.41%1.53%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,940.36
(-) Cash Dividends Paid (M)5,629.24
(=) Cash Retained (M)311.12
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,188.07742.54445.53
Cash Retained (M)311.12311.12311.12
(-) Cash Required (M)-1,188.07-742.54-445.53
(=) Excess Retained (M)-876.95-431.42-134.40
(/) Shares Outstanding (M)5,399.435,399.435,399.43
(=) Excess Retained per Share-0.16-0.08-0.02
LTM Dividend per Share1.041.041.04
(+) Excess Retained per Share-0.16-0.08-0.02
(=) Adjusted Dividend0.880.961.02
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate3.89%4.89%5.89%
Fair Value$37.52$70.27$215.52
Upside / Downside392.41%822.18%2,728.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,940.366,230.736,535.306,854.757,189.827,541.277,767.51
Payout Ratio94.76%93.81%92.86%91.91%90.95%90.00%92.50%
Projected Dividends (M)5,629.245,845.056,068.526,299.866,539.326,787.147,184.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate3.89%4.89%5.89%
Year 1 PV (M)5,444.935,497.345,549.75
Year 2 PV (M)5,266.125,367.995,470.83
Year 3 PV (M)5,092.645,241.125,392.46
Year 4 PV (M)4,924.355,116.715,314.65
Year 5 PV (M)4,761.104,994.705,237.38
PV of Terminal Value (M)151,581.34159,018.55166,744.87
Equity Value (M)177,070.47185,236.41193,709.94
Shares Outstanding (M)5,399.435,399.435,399.43
Fair Value$32.79$34.31$35.88
Upside / Downside330.37%350.22%370.81%

High-Yield Dividend Screener

« Prev Page 76 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
DR.TOMedical Facilities Corporation1.80%$0.287.21%
PINE3.SABanco Pine S.A.1.80%$0.2316.47%
SVED-B.STSvedbergs i Dalstorp AB (publ)1.80%$1.2532.77%
002296.SZHeNan Splendor Science & Technology Co., Ltd.1.79%$0.2025.74%
002349.SZJinghua Pharmaceutical Group Co., Ltd.1.79%$0.1347.07%
002841.SZGuangzhou Shiyuan Electronic Technology Company Limited1.79%$0.7153.65%
007690.KSKukdo Chemical Co., Ltd.1.79%$569.7119.70%
010690.KSHWASHIN CO.,Ltd1.79%$145.8913.31%
049770.KSDongwon F&B Co., Ltd.1.79%$800.0312.97%
1836.HKStella International Holdings Limited1.79%$0.2778.00%
5ML.SIOld Chang Kee Ltd.1.79%$0.0221.40%
603456.SSZhejiang Jiuzhou Pharmaceutical Co., Ltd1.79%$0.3239.16%
6245.THIRANO TECSEED Co.,Ltd.1.79%$29.9248.19%
9999.HKNetEase, Inc.1.79%$4.1136.47%
EFK.WAKorporacja Gospodarcza Efekt S.A.1.79%$0.103.27%
IFSH.JKPT Ifishdeco Tbk1.79%$14.6252.99%
WGSH.JKPT Wira Global Solusi Tbk1.79%$5.0059.74%
001060.KSJW Pharmaceutical Corporation1.78%$458.4617.63%
001332.SZWuxi Chemical Equipment Co., Ltd.1.78%$1.0044.53%
002312.SZSichuan Development Lomon Co., Ltd.1.78%$0.1967.49%
002900.KSTYM Corporation1.78%$112.2711.09%
003018.SZJinFu Technology Co., Ltd.1.78%$0.3168.11%
003023.SZChengdu Rainbow Appliance (Group) Shares Co., Ltd.1.78%$0.4051.85%
004490.KSSebang Global Battery Co., Ltd.1.78%$1,112.7311.15%
0KFH.LRevenio Group Oyj1.78%$0.4058.60%
1357.HKMeitu, Inc.1.78%$0.1344.58%
300610.SZYangzhou Chenhua New Material Co., Ltd.1.78%$0.2163.13%
3543.TKOMEDA Holdings Co., Ltd.1.78%$54.0341.58%
5450.TWONam Liong Global Corporation1.78%$0.2545.91%
600458.SSZhuzhou Times New Material Technology Co., Ltd.1.78%$0.2437.98%
603037.SSShanghai Carthane Co.,Ltd.1.78%$0.2678.70%
603876.SSJiangsu Dingsheng New Material Joint-Stock Co.,Ltd1.78%$0.2764.69%
603916.SSSobute New Materials Co., Ltd1.78%$0.1762.46%
6167.TFuji Die Co.,Ltd.1.78%$15.9369.67%
6981.TMurata Manufacturing Co., Ltd.1.78%$57.8845.13%
FLEXD.LSFlexdeal Simfe S.A.1.78%$0.0938.33%
MIKA.JKPT Mitra Keluarga Karyasehat Tbk1.78%$43.0046.34%
SARKY.ISSarkuysan Elektrolitik Bakir Sanayi ve Ticaret A.S.1.78%$0.3353.78%
002249.SZZhongshan Broad-Ocean Motor Co., Ltd.1.77%$0.1944.29%
012330.KSHyundai Mobis Co.,Ltd1.77%$6,540.9013.98%
111770.KSYoungone Corporation1.77%$1,406.1316.14%
2754.TTokatsu Holdings Co.,Ltd.1.77%$14.3118.28%
600236.SSGuangxi Guiguan Electric PowerCo.,Ltd.1.77%$0.1442.95%
603605.SSProya Cosmetics Co.,Ltd.1.77%$1.2130.20%
603759.SSHaitian Water Group Co.,Ltd1.77%$0.1932.54%
688076.SSSinopep-Allsino Bio Pharmaceutical Co.,Ltd.1.77%$0.6742.24%
8015.TToyota Tsusho Corporation1.77%$93.3828.94%
9722.TFujita Kanko Inc.1.77%$46.655.91%
9962.TMISUMI Group Inc.1.77%$43.3636.74%
ADORFO.BOAdor Fontech Limited1.77%$2.5238.55%