Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ningbo Zhenyu Technology Co., Ltd. (300953.SZ)

Company Dividend Discount ModelIndustry: Manufacturing - Metal FabricationSector: Industrials

Valuation Snapshot

Stable Growth$539.66 - $635.82$595.85
Multi-Stage$223.31 - $244.96$233.93
Blended Fair Value$414.89
Current Price$188.19
Upside120.46%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS63.74%40.48%0.960.720.570.270.110.080.070.070.060.08
YoY Growth--32.98%27.46%112.86%134.17%39.33%13.18%8.05%16.20%-26.14%142.35%
Dividend Yield--0.84%1.76%1.08%0.33%0.23%0.12%0.11%0.00%0.00%0.11%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)493.48
(-) Cash Dividends Paid (M)130.24
(=) Cash Retained (M)363.24
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)98.7061.6837.01
Cash Retained (M)363.24363.24363.24
(-) Cash Required (M)-98.70-61.68-37.01
(=) Excess Retained (M)264.54301.55326.22
(/) Shares Outstanding (M)154.35154.35154.35
(=) Excess Retained per Share1.711.952.11
LTM Dividend per Share0.840.840.84
(+) Excess Retained per Share1.711.952.11
(=) Adjusted Dividend2.562.802.96
WACC / Discount Rate4.50%4.50%4.50%
Growth Rate5.50%6.50%7.50%
Fair Value$539.66$595.85$635.82
Upside / Downside186.77%216.62%237.86%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)493.48525.56559.72596.10634.84676.11696.39
Payout Ratio26.39%39.11%51.84%64.56%77.28%90.00%92.50%
Projected Dividends (M)130.24205.57290.13384.82490.60608.50644.16

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.50%4.50%4.50%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)194.86196.71198.56
Year 2 PV (M)260.71265.67270.69
Year 3 PV (M)327.79337.20346.79
Year 4 PV (M)396.13411.36427.03
Year 5 PV (M)465.75488.24511.60
PV of Terminal Value (M)32,823.7934,409.1936,055.27
Equity Value (M)34,469.0336,108.3837,809.93
Shares Outstanding (M)154.35154.35154.35
Fair Value$223.31$233.93$244.96
Upside / Downside18.66%24.31%30.16%

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%