Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Xinyi Energy Holdings Limited (3868.HK)

Company Dividend Discount ModelIndustry: Renewable UtilitiesSector: Utilities

Valuation Snapshot

Stable Growth$1.96 - $3.02$2.45
Multi-Stage$4.46 - $4.91$4.68
Blended Fair Value$3.57
Current Price$1.15
Upside210.03%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-13.54%0.00%0.040.090.100.140.120.080.000.000.000.00
YoY Growth---58.00%-12.28%-24.17%15.46%49.81%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--4.82%6.34%3.99%3.19%2.24%3.86%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,760.61
(-) Cash Dividends Paid (M)1,061.91
(=) Cash Retained (M)698.70
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)352.12220.08132.05
Cash Retained (M)698.70698.70698.70
(-) Cash Required (M)-352.12-220.08-132.05
(=) Excess Retained (M)346.58478.62566.65
(/) Shares Outstanding (M)8,299.848,299.848,299.84
(=) Excess Retained per Share0.040.060.07
LTM Dividend per Share0.130.130.13
(+) Excess Retained per Share0.040.060.07
(=) Adjusted Dividend0.170.190.20
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate-2.00%-1.00%0.00%
Fair Value$1.96$2.45$3.02
Upside / Downside70.26%113.23%162.76%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,760.611,743.011,725.581,708.321,691.241,674.331,724.55
Payout Ratio60.32%66.25%72.19%78.13%84.06%90.00%92.50%
Projected Dividends (M)1,061.911,154.781,245.681,334.641,421.701,506.891,595.21

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.49%6.49%6.49%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)1,073.411,084.361,095.32
Year 2 PV (M)1,076.321,098.401,120.70
Year 3 PV (M)1,071.931,105.081,138.91
Year 4 PV (M)1,061.401,105.391,150.74
Year 5 PV (M)1,045.731,100.191,156.88
PV of Terminal Value (M)31,687.7333,337.7835,055.87
Equity Value (M)37,016.5238,831.2040,718.41
Shares Outstanding (M)8,299.848,299.848,299.84
Fair Value$4.46$4.68$4.91
Upside / Downside287.82%306.83%326.60%

High-Yield Dividend Screener

« Prev Page 77 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EFN-PA.TOElement Fleet Management Corp.1.77%$0.4438.48%
RMS.AXRamelius Resources Limited1.77%$0.0712.68%
RSTIP.MERosseti, Public Joint Stock Company1.77%$0.025.65%
TRIThomson Reuters Corporation1.77%$2.2457.46%
UFOE.JKPT Damai Sejahtera Abadi Tbk1.77%$3.2616.08%
002073.SZMesnac Co., Ltd.1.76%$0.1431.34%
068290.KSSamsung Publishing Co., Ltd1.76%$199.5321.01%
0EWR.Linit innovation in traffic systems SE1.76%$0.8047.67%
300923.SZYeal Electric Co.,Ltd1.76%$0.4571.34%
600019.SSBaoshan Iron & Steel Co., Ltd.1.76%$0.1329.23%
600176.SSChina Jushi Co., Ltd.1.76%$0.3034.66%
603225.SSXinfengming Group Co., Ltd.1.76%$0.3448.02%
7269.TSuzuki Motor Corporation1.76%$41.0219.60%
7556.TWOYeedex Electronic Corporation1.76%$2.9043.54%
AWRD.STAwardit AB (publ)1.76%$2.3082.26%
AXSAXIS Capital Holdings Limited1.76%$1.8414.40%
KCR.HEKonecranes Plc1.76%$1.6533.86%
SY1.DESymrise AG1.76%$1.2033.09%
VINTE.MXVinte Viviendas Integrales, S.A.B. de C.V.1.76%$0.5714.97%
002350.KSNexen Tire Corporation1.75%$130.258.28%
003019.SZTES Touch Embedded Solutions (Xiamen) Co., Ltd.1.75%$0.5854.54%
300951.SZShenzhen Bsc Technology Co.,Ltd.1.75%$0.6051.92%
301156.SZShanghai Menon Animal Nutrition Technology Co., Ltd.1.75%$0.3173.33%
3242.TUrbanet Corporation Co.,Ltd.1.75%$10.029.72%
603045.SSFuda Alloy Materials Co.,Ltd1.75%$0.3478.02%
7512.TAeon Hokkaido Corporation1.75%$15.9769.82%
ICC.BKI.C.C. International Public Company Limited1.75%$0.4329.50%
IMD.AXImdex Limited1.75%$0.0637.34%
KRI.ATKri-Kri Milk Industry S.A.1.75%$0.3541.81%
PEAB-B.STPeab AB (publ)1.75%$1.5126.14%
SIMP.JKPT Salim Ivomas Pratama Tbk1.75%$10.008.73%
001820.KSSAMWHA CAPACITOR Co.,LTD1.74%$525.0939.85%
006260.KSLS Corp.1.74%$3,619.1044.44%
006880.KSSingsong Holdings Co.,Ltd.1.74%$119.6228.35%
030520.KQHancom Inc.1.74%$409.9476.57%
243070.KQHuons Co., Ltd.1.74%$475.6315.69%
300488.SZEST Tools Co., Ltd1.74%$0.5763.18%
300787.SZAnfu CE LINK Limited1.74%$0.2056.29%
316140.KSWoori Financial Group Inc.1.74%$487.0211.05%
603817.SSFujian Haixia Environmental Protection Group Co.,Ltd.1.74%$0.1232.99%
603885.SSJuneyao Airlines Co., Ltd1.74%$0.2676.13%
688566.SSJiangsu Jibeier Pharmaceutical Co., Ltd.1.74%$0.5242.91%
CRLA.PACaisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative1.74%$1.417.62%
IVG.MIIveco Group N.V.1.74%$0.3327.33%
LTX.WALentex S.A.1.74%$0.1231.81%
MICE.JKPT Multi Indocitra Tbk1.74%$10.0013.08%
1334.HKRuichang Intl1.73%$0.0276.84%
4689.TLY Corporation1.73%$7.2024.40%
603926.SSZhejiang Tieliu Clutch Co., Ltd.1.73%$0.3066.82%
688533.SSSuzhou Sonavox Electronics Co., Ltd.1.73%$0.5045.54%