Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Qianjiang Motorcycle Co., Ltd. (000913.SZ)

Company Dividend Discount ModelIndustry: Auto - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$7.55 - $10.80$9.15
Multi-Stage$7.39 - $7.98$7.68
Blended Fair Value$8.41
Current Price$17.07
Upside-50.71%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS93.55%31.38%0.790.270.000.000.390.030.020.090.010.03
YoY Growth--193.84%14,677.93%76.26%-99.74%1,253.50%76.70%-82.42%745.61%-56.71%-50.42%
Dividend Yield--4.34%1.87%0.01%0.01%1.62%0.29%0.14%0.58%0.06%0.22%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)530.23
(-) Cash Dividends Paid (M)412.37
(=) Cash Retained (M)117.86
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)106.0566.2839.77
Cash Retained (M)117.86117.86117.86
(-) Cash Required (M)-106.05-66.28-39.77
(=) Excess Retained (M)11.8151.5878.09
(/) Shares Outstanding (M)521.66521.66521.66
(=) Excess Retained per Share0.020.100.15
LTM Dividend per Share0.790.790.79
(+) Excess Retained per Share0.020.100.15
(=) Adjusted Dividend0.810.890.94
WACC / Discount Rate16.86%16.86%16.86%
Growth Rate5.50%6.50%7.50%
Fair Value$7.55$9.15$10.80
Upside / Downside-55.74%-46.42%-36.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)530.23564.70601.40640.49682.12726.46748.26
Payout Ratio77.77%80.22%82.66%85.11%87.55%90.00%92.50%
Projected Dividends (M)412.37452.99497.14545.12597.23653.82692.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate16.86%16.86%16.86%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)384.01387.65391.29
Year 2 PV (M)357.26364.06370.93
Year 3 PV (M)332.08341.62351.33
Year 4 PV (M)308.43320.29332.49
Year 5 PV (M)286.23300.06314.41
PV of Terminal Value (M)2,186.902,292.532,402.20
Equity Value (M)3,854.914,006.204,162.64
Shares Outstanding (M)521.66521.66521.66
Fair Value$7.39$7.68$7.98
Upside / Downside-56.71%-55.01%-53.25%

High-Yield Dividend Screener

« Prev Page 82 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
001965.SZChina Merchants Expressway Network & Technology Holdings Co.,Ltd.1.56%$0.1620.63%
005430.KSKorea Airport Service Co.,Ltd.1.56%$999.968.24%
009540.KSKorea Shipbuilding & Offshore Engineering Co., Ltd.1.56%$6,131.9325.76%
1364.HKGuming1.56%$0.3837.59%
2287.SRArabian Company for Agricultural and Industrial Investment1.56%$0.5044.58%
300505.SZKunming Chuan Jin Nuo Chemical Co., Ltd.1.56%$0.3525.89%
300595.SZAutek China Inc.1.56%$0.2341.79%
3843.TFreeBit Co., Ltd.1.56%$26.3519.53%
600803.SSENN Natural Gas Co., Ltd.1.56%$0.3222.50%
7712.TWOPotens1.56%$1.3527.60%
9982.TTakihyo Co., Ltd.1.56%$35.4219.23%
DPNS.JKPT Duta Pertiwi Nusantara Tbk1.56%$4.8319.22%
FTT.TOFinning International Inc.1.56%$1.1722.66%
QAN.AXQantas Airways Limited1.56%$0.168.74%
WEGE3.SAWEG S.A.1.56%$0.7548.87%
000640.KSDong-A Socio Holdings Co., Ltd.1.55%$1,671.189.99%
300230.SZShanghai YongLi Belting Co., Ltd1.55%$0.0726.87%
300573.SZShenyang Xingqi Pharmaceutical Co.,Ltd1.55%$1.0941.31%
600298.SSAngel Yeast Co., Ltd1.55%$0.6838.99%
601702.SSShanghai Huafon Aluminium Corporation1.55%$0.3225.48%
601788.SSEverbright Securities Company Limited1.55%$0.2733.48%
6290.TWOLongwell Company1.55%$2.8845.81%
000975.SZShanjin International Gold Co., Ltd.1.54%$0.3735.79%
300515.SZHunan Sundy Science and Technology Co., Ltd.1.54%$0.3033.61%
600018.SSShanghai International Port (Group) Co., Ltd.1.54%$0.0813.46%
600251.SSXinjiang Guannong Fruit & Antler Co.,Ltd.1.54%$0.1450.13%
603980.SSZhejiang Jihua Group Co., Ltd.1.54%$0.0892.72%
688663.SSWindSun Science&Technology Co.,Ltd.1.54%$0.6060.19%
7354.TDirect Marketing MiX Inc.1.54%$4.4816.60%
ALNSC.PANSC Groupe S.A.1.54%$1.133.63%
EYDAP.ATAthens Water Supply and Sewerage Company S.A.1.54%$0.1244.88%
KALPATPOWR.NSKalpataru Power Transmission Limited1.54%$7.9627.39%
MAGMAG Silver Corp.1.54%$0.3837.80%
NSISBC.XDNovonesis (Novozymes) B1.54%$6.1268.56%
002062.SZHongrun Construction Group Co., Ltd.1.53%$0.1462.78%
002074.SZGotion High-tech Co.,Ltd.1.53%$0.6032.33%
003011.SZZhejiang Walrus New Material Co.,Ltd.1.53%$0.3424.62%
072130.KSUANGEL Corporation1.53%$70.0520.95%
0ROV.LBanque Cantonale du Jura S.A.1.53%$0.8810.04%
4612.TNippon Paint Holdings Co., Ltd.1.53%$16.0022.99%
603018.SSChina Design Group Co., Ltd.1.53%$0.1223.64%
603619.SSZhongman Petroleum and Natural Gas Group Corp., Ltd.1.53%$0.3531.92%
7119.Thalmek holdings Co.,Ltd.1.53%$19.7035.38%
ELPI.JKPT Pelayaran Nasional Ekalya Purnamasari Tbk1.53%$14.3440.52%
PIPE.TOPipestone Energy Corp.1.53%$0.035.35%
PYLON.BKPylon Public Company Limited1.53%$0.0436.13%
VAS.DEVoestalpine AG1.53%$0.5954.73%
001387.SZHefei Snowky Elect1.52%$0.2139.65%
002015.SZGCL Energy Technology Co.,Ltd.1.52%$0.1537.18%
1070.HKTCL Electronics Holdings Limited1.52%$0.1618.34%