Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Zhenyuan Share Co., Ltd. (000705.SZ)

Company Dividend Discount ModelIndustry: Drug Manufacturers - GeneralSector: Healthcare

Valuation Snapshot

Stable Growth$7.70 - $27.59$24.86
Multi-Stage$5.38 - $5.89$5.63
Blended Fair Value$15.25
Current Price$9.92
Upside53.69%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.97%24.93%0.070.060.060.070.060.030.000.020.030.00
YoY Growth--19.24%-2.23%-13.42%11.24%103.51%584.71%-81.78%-26.22%4,281.72%-89.95%
Dividend Yield--0.90%0.75%0.76%0.77%0.88%0.44%0.06%0.31%0.28%0.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)47.22
(-) Cash Dividends Paid (M)24.95
(=) Cash Retained (M)22.27
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)9.445.903.54
Cash Retained (M)22.2722.2722.27
(-) Cash Required (M)-9.44-5.90-3.54
(=) Excess Retained (M)12.8216.3718.73
(/) Shares Outstanding (M)335.76335.76335.76
(=) Excess Retained per Share0.040.050.06
LTM Dividend per Share0.070.070.07
(+) Excess Retained per Share0.040.050.06
(=) Adjusted Dividend0.110.120.13
WACC / Discount Rate5.56%5.56%5.56%
Growth Rate4.04%5.04%6.04%
Fair Value$7.70$24.86$27.59
Upside / Downside-22.37%150.62%178.12%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)47.2249.6052.1054.7257.4860.3862.19
Payout Ratio52.84%60.27%67.71%75.14%82.57%90.00%92.50%
Projected Dividends (M)24.9529.9035.2741.1247.4654.3457.52

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.56%5.56%5.56%
Growth Rate4.04%5.04%6.04%
Year 1 PV (M)28.0528.3228.59
Year 2 PV (M)31.0631.6632.26
Year 3 PV (M)33.9734.9635.97
Year 4 PV (M)36.7938.2339.70
Year 5 PV (M)39.5341.4643.47
PV of Terminal Value (M)1,635.541,715.671,798.91
Equity Value (M)1,804.941,890.301,978.91
Shares Outstanding (M)335.76335.76335.76
Fair Value$5.38$5.63$5.89
Upside / Downside-45.81%-43.25%-40.59%

High-Yield Dividend Screener

« Prev Page 8 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ACICAmerican Coastal Insurance Corporation4.24%$0.4828.28%
NCDLNuveen Churchill Direct Lending Corp.4.24%$0.5730.88%
ESEversource Energy4.23%$2.8879.84%
ISBCInvestors Bancorp, Inc.4.21%$0.5844.24%
KMIKinder Morgan, Inc.4.21%$1.1795.05%
PWODPenns Woods Bancorp, Inc.4.17%$1.2545.44%
DDSDillard's, Inc.4.16%$26.5071.17%
RLIRLI Corp.4.16%$2.6067.96%
TFCTruist Financial Corporation4.16%$2.0753.19%
RMBIRichmond Mutual Bancorporation, Inc.4.15%$0.5854.33%
PRPermian Resources Corporation4.14%$0.6052.90%
RILYTB. Riley Financial, Inc. 6.00% Senior Notes Due 20284.13%$0.5856.91%
DGICADonegal Group Inc.4.12%$0.8028.85%
AUBNAuburn National Bancorporation, Inc.4.11%$1.0876.62%
FHBFirst Hawaiian, Inc.4.11%$1.0650.97%
PORPortland General Electric Company4.09%$1.9872.28%
NEWTLNewtek Business Services Corp.4.08%$1.0244.14%
NEWTGNewtekOne, Inc. 8.50% Fixed Rate Senior Notes due 20294.06%$1.0244.14%
NEWTZNewtek Business Services Corp. 5.50% Notes Due 20264.05%$1.0244.14%
LKQLKQ Corporation4.04%$1.2144.76%
NWENorthwestern Energy Group Inc4.04%$2.6274.07%
PXDPioneer Natural Resources Company4.00%$10.8054.25%
HAFCHanmi Financial Corporation3.99%$1.0744.22%
KSSKohl's Corporation3.99%$0.8550.52%
APAAPA Corporation3.98%$1.0124.12%
NWNNorthwest Natural Holding Company3.98%$1.8676.25%
HFWAHeritage Financial Corporation3.97%$0.9456.54%
WSBCWesBanco, Inc.3.97%$1.3265.39%
FULTFulton Financial Corporation3.96%$0.7739.22%
REYNReynolds Consumer Products Inc.3.96%$0.9163.16%
MSMMSC Industrial Direct Co., Inc.3.95%$3.3995.14%
RF-PFRegions Financial Corporation3.95%$1.0141.98%
NEWTINewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 20283.94%$0.9942.24%
BOHBank of Hawaii Corporation3.93%$2.6958.42%
DCOMDime Community Bancshares, Inc.3.93%$1.1786.59%
OGEOGE Energy Corp.3.93%$1.6967.72%
ASIEXMultisector Income Fund - Investor Class3.92%$0.3596.64%
ESSEssex Property Trust, Inc.3.90%$10.0376.31%
WABCWestamerica Bancorporation3.90%$1.8639.32%
NJRNew Jersey Resources Corporation3.88%$1.7853.65%
XHRXenia Hotels & Resorts, Inc.3.88%$0.5693.99%
ARTNAArtesian Resources Corporation3.87%$1.2255.68%
FFBCFirst Financial Bancorp.3.87%$0.9738.17%
PNWPinnacle West Capital Corporation3.87%$3.4169.92%
UEUrban Edge Properties3.87%$0.7482.23%
NECBNortheast Community Bancorp, Inc.3.86%$0.8827.20%
SCSCXTouchstone Large Cap Focused Fund Class C3.86%$2.8037.43%
BBWIBath & Body Works, Inc.3.85%$0.8024.18%
BHBBar Harbor Bankshares3.85%$1.2054.11%
UGIUGI Corporation3.85%$1.4547.35%