Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ)

Company Dividend Discount ModelIndustry: Auto - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$7.55 - $10.80$9.15
Multi-Stage$7.39 - $7.98$7.68
Blended Fair Value$8.41
Current Price$17.07
Upside-50.71%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS93.55%31.38%0.790.270.000.000.390.030.020.090.010.03
YoY Growth--193.84%14,677.93%76.26%-99.74%1,253.50%76.70%-82.42%745.61%-56.71%-50.42%
Dividend Yield--4.34%1.87%0.01%0.01%1.62%0.29%0.14%0.58%0.06%0.22%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)530.23
(-) Cash Dividends Paid (M)412.37
(=) Cash Retained (M)117.86
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)106.0566.2839.77
Cash Retained (M)117.86117.86117.86
(-) Cash Required (M)-106.05-66.28-39.77
(=) Excess Retained (M)11.8151.5878.09
(/) Shares Outstanding (M)521.66521.66521.66
(=) Excess Retained per Share0.020.100.15
LTM Dividend per Share0.790.790.79
(+) Excess Retained per Share0.020.100.15
(=) Adjusted Dividend0.810.890.94
WACC / Discount Rate16.86%16.86%16.86%
Growth Rate5.50%6.50%7.50%
Fair Value$7.55$9.15$10.80
Upside / Downside-55.74%-46.42%-36.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)530.23564.70601.40640.49682.12726.46748.26
Payout Ratio77.77%80.22%82.66%85.11%87.55%90.00%92.50%
Projected Dividends (M)412.37452.99497.14545.12597.23653.82692.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate16.86%16.86%16.86%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)384.01387.65391.29
Year 2 PV (M)357.26364.06370.93
Year 3 PV (M)332.08341.62351.33
Year 4 PV (M)308.43320.29332.49
Year 5 PV (M)286.23300.06314.41
PV of Terminal Value (M)2,186.902,292.532,402.20
Equity Value (M)3,854.914,006.204,162.64
Shares Outstanding (M)521.66521.66521.66
Fair Value$7.39$7.68$7.98
Upside / Downside-56.71%-55.01%-53.25%

High-Yield Dividend Screener

« Prev Page 78 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688625.SSGCH Technology Co., Ltd.1.73%$0.7135.67%
ATCO-A.STAtlas Copco AB1.73%$2.9051.19%
KAZT.MEPJSC KuibyshevAzot1.73%$7.209.57%
PROT.OLProtector Forsikring ASA1.73%$9.0232.47%
018260.KSSamsung SDS Co.,Ltd.1.72%$3,013.9430.15%
029460.KSKC Co., Ltd.1.72%$456.826.78%
3308.HKGolden Eagle Retail Group Limited1.72%$0.129.52%
403870.KQHPSP Co., Ltd.1.72%$593.5058.19%
688128.SSChina National Electric Apparatus Research Institute Co., Ltd.1.72%$0.5038.48%
9516.SRNatural Gas Distribution Company1.72%$0.5031.24%
AMRT.JKPT Sumber Alfaria Trijaya Tbk1.72%$34.1146.22%
CENTEL-R.BKCentral Plaza Hotel Public Company Limited1.72%$0.5947.25%
EMP-A.TOEmpire Company Limited1.72%$0.8327.46%
LSNG.MEPublic Joint stock company Rosseti Lenenergo1.72%$0.267.85%
MAD.AXMader Group Limited1.72%$0.1328.01%
RUSTA.STRusta AB (publ)1.72%$1.4547.44%
000655.SZShandong Jinling Mining Co., Ltd.1.71%$0.1635.18%
002166.SZGuilin Layn Natural Ingredients Corp.1.71%$0.1479.28%
009140.KSKyungin Electronics Co., Ltd1.71%$350.0224.51%
009290.KSKwang Dong Pharmaceutical Co., Ltd.1.71%$100.1413.46%
300196.SZJiangsu Changhai Composite Materials Co., Ltd1.71%$0.2530.44%
300973.SZLigao Foods Co.Ltd1.71%$0.7340.03%
4144.SRRaoom Trading Co.1.71%$1.1283.18%
601801.SSAnhui Xinhua Media Co., Ltd.1.71%$0.1125.98%
688358.SSChison Medical Technologies Co., Ltd.1.71%$0.5142.24%
CAMBI.OLCambi ASA1.71%$0.3030.04%
ICOS.MIIntercos S.p.A.1.71%$0.1937.87%
MZX.DEMasterflex SE1.71%$0.2428.96%
SKIS-B.STSkiStar AB (publ)1.71%$2.8039.71%
000990.KSDB HiTek Co. Ltd.1.70%$1,253.0620.53%
001207.SZShandong Link Science and Technology Co.,Ltd.1.70%$0.4327.93%
002593.SZXiamen Sunrise Group Co., Ltd.1.70%$0.1081.27%
300218.SZAnhui Anli Material Technology Co., Ltd.1.70%$0.2835.78%
300509.SZJiangsu Newamstar Packaging Machinery Co.,Ltd1.70%$0.2266.41%
300999.SZYihai Kerry Arawana Holdings Co., Ltd1.70%$0.4969.28%
301665.SZCAC Nantong Chemical Co Ltd1.70%$0.4846.18%
600004.SSGuangzhou Baiyun International Airport Co., Ltd.1.70%$0.1628.12%
600279.SSChongqing Port Co.,Ltd.1.70%$0.0921.95%
601512.SSChina-Singapore Suzhou Industrial Park Development Group Co., Ltd.1.70%$0.1528.77%
603612.SSSunstone Development Co., Ltd.1.70%$0.4027.82%
000905.SZXiamen Port Development Co., Ltd.1.69%$0.2279.86%
000949.SZXinxiang Chemical Fiber Co., Ltd.1.69%$0.0986.02%
600814.SSHangzhou Jiebai Group Co., Limited1.69%$0.1451.31%
688772.SSZhuhai CosMX Battery Co., Ltd.1.69%$0.3674.20%
7631.TWOGenii Ideas Co., Ltd.1.69%$2.1647.81%
BFT.WABenefit Systems S.A.1.69%$60.5337.69%
CJT.TOCargojet Inc.1.69%$1.4517.55%
002243.SZShenzhen Leaguer Co., Ltd.1.68%$0.1788.79%
161890.KSKolmar Korea Co., Ltd.1.68%$1,095.5022.79%
300041.SZHubei Huitian New Materials Co., Ltd.1.68%$0.1968.24%