Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Hua Xia Bank Co., Limited (600015.SS)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$89.13 - $338.91$258.75
Multi-Stage$43.54 - $47.61$45.54
Blended Fair Value$152.14
Current Price$6.58
Upside2,212.19%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.63%13.64%0.990.960.880.800.680.540.440.310.300.31
YoY Growth--2.96%9.10%9.91%18.03%24.39%22.98%44.34%2.56%-4.17%13.59%
Dividend Yield--12.60%14.61%16.33%14.37%10.51%8.41%5.24%3.44%3.18%3.68%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)27,147.00
(-) Cash Dividends Paid (M)13,510.00
(=) Cash Retained (M)13,637.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,429.403,393.382,036.03
Cash Retained (M)13,637.0013,637.0013,637.00
(-) Cash Required (M)-5,429.40-3,393.38-2,036.03
(=) Excess Retained (M)8,207.6010,243.6311,600.98
(/) Shares Outstanding (M)15,914.9815,914.9815,914.98
(=) Excess Retained per Share0.520.640.73
LTM Dividend per Share0.850.850.85
(+) Excess Retained per Share0.520.640.73
(=) Adjusted Dividend1.361.491.58
WACC / Discount Rate7.01%7.01%7.01%
Growth Rate5.40%6.40%7.40%
Fair Value$89.13$258.75$338.91
Upside / Downside1,254.52%3,832.34%5,050.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)27,147.0028,884.2530,732.6732,699.3834,791.9537,018.4338,128.98
Payout Ratio49.77%57.81%65.86%73.91%81.95%90.00%92.50%
Projected Dividends (M)13,510.0016,698.8120,240.4324,166.9528,513.1233,316.5935,269.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.01%7.01%7.01%
Growth Rate5.40%6.40%7.40%
Year 1 PV (M)15,457.7915,604.4515,751.11
Year 2 PV (M)17,343.7617,674.4318,008.22
Year 3 PV (M)19,169.3419,720.1520,281.42
Year 4 PV (M)20,935.9221,741.8322,570.79
Year 5 PV (M)22,644.8523,739.6724,876.43
PV of Terminal Value (M)597,337.88626,217.58656,203.64
Equity Value (M)692,889.55724,698.12757,691.61
Shares Outstanding (M)15,914.9815,914.9815,914.98
Fair Value$43.54$45.54$47.61
Upside / Downside561.66%592.03%623.54%

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%