Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Power International Development Limited (2380.HK)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$69.05 - $127.51$119.50
Multi-Stage$20.33 - $22.24$21.27
Blended Fair Value$70.38
Current Price$2.73
Upside2,478.09%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.12%7.25%0.170.140.060.110.100.090.070.090.140.10
YoY Growth--16.90%158.63%-51.38%11.70%17.85%32.93%-30.38%-31.66%39.98%17.49%
Dividend Yield--5.67%5.51%1.92%2.68%7.34%5.86%4.21%5.42%5.87%2.81%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,931.29
(-) Cash Dividends Paid (M)4,494.43
(=) Cash Retained (M)3,436.86
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,586.26991.41594.85
Cash Retained (M)3,436.863,436.863,436.86
(-) Cash Required (M)-1,586.26-991.41-594.85
(=) Excess Retained (M)1,850.602,445.452,842.01
(/) Shares Outstanding (M)12,370.1512,370.1512,370.15
(=) Excess Retained per Share0.150.200.23
LTM Dividend per Share0.360.360.36
(+) Excess Retained per Share0.150.200.23
(=) Adjusted Dividend0.510.560.59
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Fair Value$69.05$119.50$127.51
Upside / Downside2,429.38%4,277.18%4,570.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,931.298,446.838,995.879,580.6010,203.3410,866.5611,192.56
Payout Ratio56.67%63.33%70.00%76.67%83.33%90.00%92.50%
Projected Dividends (M)4,494.435,349.696,297.137,345.148,502.799,779.9010,353.11

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)4,986.145,033.405,080.67
Year 2 PV (M)5,470.355,574.555,679.73
Year 3 PV (M)5,947.156,117.886,291.83
Year 4 PV (M)6,416.636,663.396,917.21
Year 5 PV (M)6,878.857,211.107,556.07
PV of Terminal Value (M)221,764.72232,476.04243,597.31
Equity Value (M)251,463.85263,076.36275,122.81
Shares Outstanding (M)12,370.1512,370.1512,370.15
Fair Value$20.33$21.27$22.24
Upside / Downside644.63%679.01%714.68%

High-Yield Dividend Screener

« Prev Page 86 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
LTMC.MILottomatica Group S.p.A.1.41%$0.3155.88%
002064.SZHuafon Chemical Co., Ltd.1.40%$0.1545.82%
002203.SZZhe Jiang Hai Liang Co., Ltd1.40%$0.1852.28%
002357.SZSichuan Fulin Transportation Group Co., Ltd.1.40%$0.1525.09%
300105.SZYanTai LongYuan Power Technology Co., Ltd.1.40%$0.1064.82%
4005.SRNational Medical Care Company1.40%$2.0028.58%
600517.SSState Grid Yingda Co.,Ltd.1.40%$0.0820.41%
CCL-A.TOCCL Industries Inc.1.40%$1.2527.03%
CGAUCenterra Gold Inc.1.40%$0.2012.28%
MHKI.JKMulti Hanna Kreasindo Tbk.1.40%$2.9229.72%
ROVIO.HERovio Entertainment Oyj1.40%$0.1342.86%
000750.SZSealand Securities Co., Ltd.1.39%$0.0639.70%
011210.KSHYUNDAI WIA Corporation1.39%$1,101.7920.24%
2610.HKNanshan Aluminium Intrnatnl Holdings Ltd1.39%$0.6969.79%
272290.KQINNOX Advanced Materials Co.,Ltd.1.39%$328.809.47%
301158.SZDezhou United Petroleum Technology Co.,Ltd.1.39%$0.3135.01%
600777.SSShandong Xinchao Energy Corporation Limited1.39%$0.0521.18%
603393.SSXinjiang Xintai Natural Gas Co., Ltd.1.39%$0.3714.02%
CLAS-B.STClas Ohlson AB (publ)1.39%$4.2228.54%
GMG.AXGoodman Group1.39%$0.4354.37%
LASP.COLån & Spar Bank A/S1.39%$20.0415.86%
000061.SZShenzhen Agricultural Products Group Co., Ltd.1.38%$0.1471.88%
002536.SZFeilong Auto Components Co., Ltd.1.38%$0.4167.28%
002797.SZFirst Capital Securities Co., Ltd.1.38%$0.0938.51%
2172.HKMicroPort NeuroTech Limited1.38%$0.1621.06%
600549.SSXiamen Tungsten Co., Ltd.1.38%$0.5642.55%
603203.SSQuick Intelligent Equipment Co., Ltd.1.38%$0.5151.54%
688597.SSBeijing Yupont Electric Power Technology Co., Ltd.1.38%$0.1138.03%
9422.TConexio Corporation1.38%$26.3532.61%
FESTI.ICFesti hf.1.38%$4.4930.70%
FSIFlexible Solutions International, Inc.1.38%$0.0927.13%
OMED.JKPT Jayamas Medica Industri Tbk1.38%$2.8823.51%
RY4C.DERyanair Holdings plc1.38%$0.4118.55%
SELIC.BKSelic Corp Public Company Limited1.38%$0.0417.06%
TALF.JKPT Tunas Alfin Tbk1.38%$8.0038.14%
YRM.MIRosetti Marino S.p.A.1.38%$4.0036.08%
000795.SZInnuovo Technology Co., Ltd.1.37%$0.1461.81%
001268.SZGuangdong Yangshan United Precision Manufacturing Co., Ltd.1.37%$0.4964.59%
600196.SSShanghai Fosun Pharmaceutical (Group) Co., Ltd.1.37%$0.3629.17%
603707.SSNanjing King-Friend Biochemical Pharmaceutical Co., Ltd1.37%$0.1230.81%
605222.SSShanghai QiFan Cable Co., Ltd1.37%$0.2569.76%
6782.TWVisco Vision Inc.1.37%$2.3921.51%
LINLinde plc1.37%$5.8839.08%
RAY-B.STRaySearch Laboratories AB (publ)1.37%$3.0046.95%
SHAWGELTIN.BONarmada Gelatines Limited1.37%$5.0013.05%
006220.KSJeju Bank1.36%$156.0067.72%
2505.HKEDA Group Holdings Limited1.36%$0.028.61%
300207.SZSunwoda Electronic Co.,Ltd1.36%$0.3539.10%
300993.SZShandong Yuma Sun-shading Technology Corp., Ltd.1.36%$0.2035.95%
3794.KLMalayan Cement Berhad1.36%$0.1129.56%