Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Search

Zhejiang Hailide New Material Co.,Ltd (002206.SZ)

Company Dividend Discount ModelIndustry: ChemicalsSector: Basic Materials

Valuation Snapshot

Stable Growth$11.01 - $31.18$17.18
Multi-Stage$12.51 - $13.72$13.11
Blended Fair Value$15.14
Current Price$6.10
Upside148.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-4.77%4.90%0.190.200.150.240.140.240.220.230.190.13
YoY Growth---5.02%27.16%-36.75%71.80%-40.30%6.51%-2.85%21.86%43.96%13.41%
Dividend Yield--3.65%4.39%2.58%4.02%2.41%6.87%4.57%4.51%2.34%2.17%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)529.06
(-) Cash Dividends Paid (M)229.10
(=) Cash Retained (M)299.96
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)105.8166.1339.68
Cash Retained (M)299.96299.96299.96
(-) Cash Required (M)-105.81-66.13-39.68
(=) Excess Retained (M)194.15233.83260.28
(/) Shares Outstanding (M)1,154.421,154.421,154.42
(=) Excess Retained per Share0.170.200.23
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.170.200.23
(=) Adjusted Dividend0.370.400.42
WACC / Discount Rate6.36%6.36%6.36%
Growth Rate2.93%3.93%4.93%
Fair Value$11.01$17.18$31.18
Upside / Downside80.55%181.56%411.18%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)529.06549.86571.47593.93617.27641.53660.78
Payout Ratio43.30%52.64%61.98%71.32%80.66%90.00%92.50%
Projected Dividends (M)229.10289.46354.21423.60497.89577.38611.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.36%6.36%6.36%
Growth Rate2.93%3.93%4.93%
Year 1 PV (M)269.54272.16274.78
Year 2 PV (M)307.13313.13319.19
Year 3 PV (M)342.03352.09362.35
Year 4 PV (M)374.35389.11404.31
Year 5 PV (M)404.24424.26445.07
PV of Terminal Value (M)12,748.0013,379.4114,035.59
Equity Value (M)14,445.2915,130.1615,841.28
Shares Outstanding (M)1,154.421,154.421,154.42
Fair Value$12.51$13.11$13.72
Upside / Downside105.13%114.86%124.96%

High-Yield Dividend Screener

« Prev Page 8 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
035810.KQEASY HOLDINGS Co., Ltd.9.64%$435.2887.39%
0623.HKSinoMedia Holding Limited9.64%$0.1944.98%
ITSA3.SAItaúsa S.A.9.64%$1.1780.68%
MFG.AXMagellan Financial Group Limited9.64%$0.9634.94%
PMTA.BKPM Thoresen Asia Holdings Public Company Limited9.64%$0.9860.98%
2989.TTokaido REIT, Inc.9.63%$11,143.4889.54%
SBMO.ASSBM Offshore N.V.9.63%$2.3853.44%
0576.HKZhejiang Expressway Co., Ltd.9.62%$0.6974.90%
INVEST.HEInvestors House Oyj9.62%$0.3663.41%
MFEC.BKMFEC Public Company Limited9.62%$0.5094.79%
PIKK.MEPJSC PIK-specialized homebuilder9.61%$45.9431.14%
6868.HKTenfu (Cayman) Holdings Company Limited9.60%$0.2693.07%
601077.SSChongqing Rural Commercial Bank Co., Ltd.9.58%$0.6286.18%
SIQ.AXSmartgroup Corporation Ltd9.58%$0.8777.09%
5012.KLTa Ann Holdings Berhad9.57%$0.4093.61%
PAC.AXPacific Current Group Limited9.57%$0.9623.44%
MTO.AXMotorCycle Holdings Limited9.56%$0.3068.86%
HME.VHemisphere Energy Corporation9.55%$0.1957.92%
0382.HKEdvantage Group Holdings Limited9.54%$0.1412.43%
0OQQ.LInfotel S.A.9.54%$4.0386.81%
VIE.PAVeolia Environnement S.A.9.53%$2.8797.23%
0QJX.LEFG International AG9.52%$1.8196.44%
601998.SSChina CITIC Bank Corporation Limited9.51%$0.7368.88%
0752.HKPico Far East Holdings Limited9.50%$0.2545.55%
MRN.PAMersen S.A.9.50%$2.3045.40%
MTS.AXMetcash Limited9.50%$0.3164.02%
SYNE3.SASYN prop e tech S.A.9.50%$0.4659.20%
TEXF.BRTexaf S.A.9.50%$3.4063.35%
601997.SSBank of Guiyang Co.,Ltd.9.49%$0.5639.86%
WMA.AXWam Alternative Assets Limited9.49%$0.109.12%
0135.HKKunlun Energy Company Limited9.48%$0.7052.47%
SC-R.BKSC Asset Corporation Public Company Limited9.47%$0.1648.63%
0DLI.LAcomo N.V.9.45%$2.4067.74%
AFYAAfya Limited9.45%$1.4117.69%
BBRI.JKPT Bank Rakyat Indonesia (Persero) Tbk9.44%$343.6092.61%
TEKA.BKTeka Construction Public Company Limited9.44%$0.1696.55%
8964.TFrontier Real Estate Investment Corporation9.39%$8,736.6196.39%
ALLA.BKAlla Public Company Limited9.39%$0.1177.39%
4333.SRTaleem REIT Fund9.38%$0.9670.19%
SHL.AXSonic Healthcare Limited9.38%$2.1198.90%
TQM-R.BKTQM Alpha Public Company Limited9.37%$1.0882.74%
0882.HKTianjin Development Holdings Limited9.36%$0.2321.27%
0O84.LDNB Bank ASA9.36%$17.5255.97%
4339.SRDerayah Financial - Derayah Reit Fund9.36%$0.4982.63%
601390.SSChina Railway Group Limited9.35%$0.5150.32%
CPACopa Holdings, S.A.9.35%$11.3970.44%
BRSR3.SABanco do Estado do Rio Grande do Sul S.A.9.34%$1.5649.87%
RET.BRRetail Estates N.V.9.34%$5.9746.68%
0265.HKGangyu Smart Urban Services Holdings Limited9.33%$0.1868.15%
KGKC.MEPJSC Kurgan Generation Company9.33%$4.0370.77%