DDM Analysis: 300628.SZ

Valuation Snapshot

Stable Growth	$37.66 - $79.88	$53.47
Multi-Stage	$29.23 - $31.83	$30.50
Blended Fair Value	$41.99
Current Price	$37.00
Upside	13.47%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	39.42%	35.46%	1.50	1.42	0.57	0.46	0.43	0.28	0.19	0.11	0.06	0.09
YoY Growth	-	-	5.07%	149.58%	23.04%	8.80%	50.08%	50.43%	77.78%	92.01%	-36.87%	21.85%
Dividend Yield	-	-	3.66%	5.17%	1.05%	0.83%	0.88%	0.73%	0.79%	0.70%	0.28%	1.15%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	2,541.34
(-) Cash Dividends Paid (M)	1,641.20
(=) Cash Retained (M)	900.14

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	508.27	317.67	190.60
Cash Retained (M)	900.14	900.14	900.14
(-) Cash Required (M)	-508.27	-317.67	-190.60
(=) Excess Retained (M)	391.87	582.47	709.54
(/) Shares Outstanding (M)	1,265.72	1,265.72	1,265.72
(=) Excess Retained per Share	0.31	0.46	0.56
LTM Dividend per Share	1.30	1.30	1.30
(+) Excess Retained per Share	0.31	0.46	0.56
(=) Adjusted Dividend	1.61	1.76	1.86
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	5.50%	6.50%	7.50%
Fair Value	$37.66	$53.47	$79.88
Upside / Downside	1.79%	44.51%	115.90%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	2,541.34	2,706.53	2,882.45	3,069.81	3,269.35	3,481.85	3,586.31
Payout Ratio	64.58%	69.66%	74.75%	79.83%	84.92%	90.00%	92.50%
Projected Dividends (M)	1,641.20	1,885.48	2,154.58	2,450.69	2,776.20	3,133.67	3,317.34

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	10.00%	10.00%	10.00%
Growth Rate	5.50%	6.50%	7.50%
Year 1 PV (M)	1,697.99	1,714.08	1,730.17
Year 2 PV (M)	1,747.38	1,780.66	1,814.26
Year 3 PV (M)	1,789.89	1,841.27	1,893.63
Year 4 PV (M)	1,826.00	1,896.23	1,968.46
Year 5 PV (M)	1,856.17	1,945.82	2,038.91
PV of Terminal Value (M)	28,073.56	29,429.53	30,837.38
Equity Value (M)	36,990.99	38,607.59	40,282.81
Shares Outstanding (M)	1,265.72	1,265.72	1,265.72
Fair Value	$29.23	$30.50	$31.83
Upside / Downside	-21.01%	-17.56%	-13.98%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 80 of 151 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
301151.SZ	Shanghai Karon Eco-Valve Manufacturing Co., Ltd.	1.64%	$0.31	64.22%
4912.T	Lion Corporation	1.64%	$27.13	35.97%
5328.TWO	Hua Jung Components Co.,Ltd.	1.64%	$0.35	73.35%
600256.SS	Guanghui Energy Co., Ltd.	1.64%	$0.08	26.14%
605365.SS	Leedarson IoT Technology Inc.	1.64%	$0.44	81.91%
6244.TWO	Motech Industries Inc.	1.64%	$0.34	98.50%
6367.T	Daikin Industries,Ltd.	1.64%	$330.12	35.31%
6383.T	Daifuku Co., Ltd.	1.64%	$80.66	36.37%
6454.T	Max Co., Ltd.	1.64%	$113.15	45.27%
LSS.PA	Lectra S.A.	1.64%	$0.41	50.95%
MEVA.AT	Mevaco S.A.	1.64%	$0.15	13.50%
MOVI3.SA	Movida Participações S.A.	1.64%	$0.16	19.79%
SRSOLTD.BO	Silicon Rental Solutions Ltd.	1.64%	$1.90	9.23%
002266.SZ	Zhefu Holding Group Co., Ltd.	1.63%	$0.07	37.41%
0GDU.L	Paradox Interactive AB (publ)	1.63%	$5.00	82.82%
300121.SZ	Shandong Yanggu Huatai Chemical Co., Ltd.	1.63%	$0.21	53.84%
603013.SS	YAPP Automotive Systems Co., Ltd.	1.63%	$0.40	37.85%
603081.SS	Zhejiang Dafeng Industry Co., Ltd	1.63%	$0.23	92.61%
603194.SS	Zhejiang E-P Equipment Co Ltd	1.63%	$0.64	29.27%
603221.SS	Elegant Home-Tech Co., Ltd.	1.63%	$0.21	78.59%
BEI.DE	Beiersdorf AG	1.63%	$1.52	25.19%
CLD.WA	Cloud Technologies S.A.	1.63%	$1.14	92.28%
IVS.MI	IVS Group S.A.	1.63%	$0.12	62.72%
LDO.MI	Leonardo S.p.A.	1.63%	$0.84	33.82%
MEOH	Methanex Corporation	1.63%	$0.67	24.08%
PARKIN.AE	Parkin Company PJSC	1.63%	$0.09	49.98%
051900.KS	LG H&H Co., Ltd.	1.62%	$4,377.83	70.74%
0F4O.L	Lotus Bakeries N.V.	1.62%	$133.75	36.00%
300206.SZ	Edan Instruments, Inc.	1.62%	$0.21	48.61%
5393.T	Nichias Corporation	1.62%	$110.01	23.11%
603385.SS	Huida Sanitary Ware Co., Ltd.	1.62%	$0.11	69.37%
605050.SS	Friend Co.,Ltd.	1.62%	$0.22	30.01%
7378.T	ASIRO Inc.	1.62%	$23.93	20.21%
BPAC11.SA	Banco BTG Pactual S.A.	1.62%	$0.84	27.38%
GRMN	Garmin Ltd.	1.62%	$3.28	40.42%
RUBFILA.BO	Rubfila International Limited	1.62%	$1.20	22.45%
VALO.BA	Banco de Valores S.A.	1.62%	$8.91	22.52%
WAS.WA	Wasko S.A.	1.62%	$0.03	19.20%
002152.SZ	GRG Banking Equipment Co., Ltd.	1.61%	$0.22	65.18%
002457.SZ	Ningxia Qinglong Pipes Industry Group Co., Ltd.	1.61%	$0.18	28.21%
002913.SZ	Aoshikang Technology Co., Ltd.	1.61%	$0.69	60.58%
007570.KS	Ilyang Pharmaceutical Co.,Ltd	1.61%	$210.74	33.61%
066570.KS	LG Electronics Inc.	1.61%	$1,472.83	36.12%
603181.SS	Zhejiang Huangma Technology Co.,Ltd	1.61%	$0.23	29.53%
603416.SS	WuXi Xinje Electric Co.,Ltd.	1.61%	$0.89	59.24%
ABB.AX	Aussie Broadband Limited	1.61%	$0.08	39.83%
H22.SI	Hong Leong Asia Ltd.	1.61%	$0.04	31.75%
MATAS.CO	Matas A/S	1.61%	$2.00	26.57%
SRSN.JK	PT Indo Acidatama Tbk	1.61%	$1.00	12.49%
000050.KS	Kyungbangco.Ltd	1.60%	$149.61	11.55%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Mode

Ticker

Industry

Sector

Yealink Network Technology Co., Ltd. (300628.SZ)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener