Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Nantong Haixing Electronics Co., Ltd. (603115.SS)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$16.62 - $37.47$24.11
Multi-Stage$12.68 - $13.81$13.24
Blended Fair Value$18.67
Current Price$18.94
Upside-1.42%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.24%20.45%0.480.730.730.630.640.430.270.210.010.01
YoY Growth---33.33%-0.24%14.65%-0.54%47.30%58.67%28.37%2,016.46%-1.94%-86.39%
Dividend Yield--3.35%5.83%4.14%2.97%4.25%2.53%1.86%1.45%0.07%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)203.99
(-) Cash Dividends Paid (M)143.88
(=) Cash Retained (M)60.11
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)40.8025.5015.30
Cash Retained (M)60.1160.1160.11
(-) Cash Required (M)-40.80-25.50-15.30
(=) Excess Retained (M)19.3134.6144.81
(/) Shares Outstanding (M)247.19247.19247.19
(=) Excess Retained per Share0.080.140.18
LTM Dividend per Share0.580.580.58
(+) Excess Retained per Share0.080.140.18
(=) Adjusted Dividend0.660.720.76
WACC / Discount Rate9.69%9.69%9.69%
Growth Rate5.50%6.50%7.50%
Fair Value$16.62$24.11$37.47
Upside / Downside-12.24%27.27%97.81%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)203.99217.25231.37246.41262.43279.48287.87
Payout Ratio70.53%74.43%78.32%82.21%86.11%90.00%92.50%
Projected Dividends (M)143.88161.69181.21202.58225.97251.54266.28

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.69%9.69%9.69%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)146.03147.41148.79
Year 2 PV (M)147.79150.61153.45
Year 3 PV (M)149.21153.50157.86
Year 4 PV (M)150.31156.09162.03
Year 5 PV (M)151.10158.40165.98
PV of Terminal Value (M)2,390.902,506.392,626.29
Equity Value (M)3,135.353,272.393,414.41
Shares Outstanding (M)247.19247.19247.19
Fair Value$12.68$13.24$13.81
Upside / Downside-33.03%-30.10%-27.07%

High-Yield Dividend Screener

« Prev Page 83 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300019.SZChengdu Guibao Science & Technology Co.,Ltd.1.52%$0.3140.29%
4009.SRMiddle East Healthcare Company1.52%$0.5012.40%
5482.TAichi Steel Corporation1.52%$44.2730.27%
600711.SSChengtun Mining Group Co., Ltd.1.52%$0.2335.49%
9435.THikari Tsushin, Inc.1.52%$664.2429.23%
CEGR3.SACompanhia Distribuidora de Gás do Rio de Janeiro - CEG1.52%$1.4751.97%
INVE-A.STInvestor AB (publ)1.52%$4.9521.54%
JDAN.COJeudan A/S1.52%$3.0017.56%
MYG.AXMayfield Group Holdings Limited1.52%$0.0538.65%
001213.SZChina Railway Special Cargo Logistics Co., Ltd.1.51%$0.0647.84%
002358.SZHenan Senyuan Electric Co., Ltd.1.51%$0.0874.78%
0QNO.LLonza Group AG1.51%$8.1143.57%
2332.TQuest Co., Ltd.1.51%$24.2217.41%
2517.HKGuoquan Food (Shanghai) Co Ltd1.51%$0.0528.47%
300092.SZSichuan Kexin Mechanical and Electrical Equipment Co.,Ltd1.51%$0.2480.12%
300596.SZRianlon Corporation1.51%$0.6428.93%
4030.SRThe National Shipping Company of Saudi Arabia1.51%$0.4421.11%
4578.TOtsuka Holdings Co., Ltd.1.51%$134.3915.80%
600109.SSSinolink Securities Co., Ltd.1.51%$0.1420.84%
601211.SSGuotai Junan Securities Co., Ltd.1.51%$0.3120.62%
603700.SSNingbo Water Meter (Group) Co., Ltd.1.51%$0.2044.19%
NWO.DENew Work SE1.51%$1.0047.05%
000968.SZShanxi Blue Flame Holding Company Limited1.50%$0.1023.97%
002262.SZJiangsu Nhwa Pharmaceutical Co., Ltd.1.50%$0.3629.87%
0QDX.ILAB Sagax (publ)1.50%$2.9642.30%
300986.SZJiangxi GETO New Materials Corporation Limited1.50%$0.1749.99%
600389.SSNantong Jiangshan Agrochemical & Chemicals Co.,Ltd.1.50%$0.3834.07%
605166.SSJuheshun Advanced Material Co., Ltd.1.50%$0.1625.21%
605555.SSNingbo Dechang Electrical Machinery Made Co., Ltd.1.50%$0.2849.12%
6113.HKBitStrat Holdings Limited1.50%$0.0346.13%
688188.SSShanghai BOCHU Electronic Technology Corporation Limited.1.50%$2.0455.83%
7472.TTOBA, Inc.1.50%$61.0518.55%
ABSO.STAbsolent Air Care Group AB (publ)1.50%$3.2542.64%
RIPLEY.SNRipley Corp S.A.1.50%$6.2516.33%
001311.SZChuzhou Duoli Automotive Technology Co., Ltd.1.49%$0.4853.94%
002698.SZHarbin Boshi Automation Co., Ltd.1.49%$0.2551.93%
077500.KSUniquest Corporation1.49%$99.9929.08%
0QQZ.LSt. Galler Kantonalbank AG1.49%$8.5111.89%
0YU.DEYum China Holdings Inc1.49%$0.7532.86%
300307.SZNingbo Cixing Co.,Ltd.1.49%$0.1187.46%
300841.SZChengdu Kanghua Biological Products Co., Ltd.1.49%$1.0877.05%
600827.SSShanghai Bailian (Group) Co., Ltd.1.49%$0.1398.59%
601113.SSYiwu Huading Nylon Co.,Ltd.1.49%$0.0721.89%
601990.SSNanjing Securities Co., Ltd.1.49%$0.1235.60%
6361.TEbara Corporation1.49%$54.9334.55%
6370.TKurita Water Industries Ltd.1.49%$94.5546.04%
6969.HKSmoore International Holdings Limited1.49%$0.1840.81%
8842.TTokyo Rakutenchi Co.,Ltd.1.49%$99.7279.28%
B3SA3.SAB3 S.A. - Brasil, Bolsa, Balcão1.49%$0.2021.40%
STMMI.MISTMicroelectronics N.V.1.49%$0.3559.85%