Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Chengdu Xingrong Environment Co., Ltd. (000598.SZ)

Company Dividend Discount ModelIndustry: Regulated WaterSector: Utilities

Valuation Snapshot

Stable Growth$29.23 - $142.23$62.59
Multi-Stage$15.96 - $17.44$16.69
Blended Fair Value$39.64
Current Price$6.66
Upside495.20%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS19.60%19.98%0.350.270.250.220.190.140.140.120.090.08
YoY Growth--27.23%8.62%13.91%20.08%29.45%0.41%19.02%33.72%9.89%43.83%
Dividend Yield--5.16%4.27%4.96%4.47%3.43%3.13%2.99%2.37%1.55%1.37%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,134.20
(-) Cash Dividends Paid (M)950.83
(=) Cash Retained (M)1,183.37
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)426.84266.78160.07
Cash Retained (M)1,183.371,183.371,183.37
(-) Cash Required (M)-426.84-266.78-160.07
(=) Excess Retained (M)756.53916.591,023.30
(/) Shares Outstanding (M)2,984.262,984.262,984.26
(=) Excess Retained per Share0.250.310.34
LTM Dividend per Share0.320.320.32
(+) Excess Retained per Share0.250.310.34
(=) Adjusted Dividend0.570.630.66
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate5.50%6.50%7.50%
Fair Value$29.23$62.59$142.23
Upside / Downside338.94%839.82%2,035.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,134.202,272.922,420.662,578.012,745.582,924.043,011.76
Payout Ratio44.55%53.64%62.73%71.82%80.91%90.00%92.50%
Projected Dividends (M)950.831,219.231,518.511,851.552,221.462,631.642,785.88

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,122.851,133.491,144.13
Year 2 PV (M)1,287.911,312.441,337.20
Year 3 PV (M)1,446.221,487.731,530.03
Year 4 PV (M)1,597.971,659.431,722.64
Year 5 PV (M)1,743.371,827.581,915.01
PV of Terminal Value (M)40,430.7642,383.5844,411.14
Equity Value (M)47,629.0849,804.2552,060.16
Shares Outstanding (M)2,984.262,984.262,984.26
Fair Value$15.96$16.69$17.44
Upside / Downside139.64%150.59%161.94%

High-Yield Dividend Screener

« Prev Page 89 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
4369.TTri Chemical Laboratories Inc.1.29%$34.9719.74%
4909.TWONew Era Electronics Co., Ltd1.29%$0.7515.67%
600483.SSFujian Funeng Co., Ltd.1.29%$0.1211.31%
600830.SSSunny Loan Top Co.,Ltd.1.29%$0.1282.65%
600885.SSHongfa Technology Co., Ltd.1.29%$0.3931.98%
603180.SSGoldenHome Living Co., Ltd.1.29%$0.2627.79%
6213.TWITEQ Corporation1.29%$1.5044.44%
8233.TTakashimaya Company, Limited1.29%$21.1618.17%
ALBKK.PABaikowski S.A.1.29%$0.3015.97%
CENER.BRCenergy Holdings S.A.1.29%$0.2015.13%
COLUM.COColumbus A/S1.29%$0.1343.75%
DKFT.JKPT Central Omega Resources Tbk1.29%$10.0010.62%
FII.PALisi S.A.1.29%$0.6927.06%
HYGN.JKEcocare Indo Pasifik Tbk1.29%$2.1628.24%
INCAP.BOIncap Limited1.29%$1.0080.52%
000568.SZLuzhou Laojiao Co.,Ltd.1.28%$1.4917.31%
000612.SZJiaoZuo WanFang Aluminum Manufacturing Co., Ltd1.28%$0.1417.40%
002498.SZQingdao Hanhe Cable Co.,Ltd1.28%$0.0529.88%
002830.SZShenzhen Mingdiao Decoration Co., Ltd.1.28%$0.2581.30%
0P2N.LFerrovial, S.A.1.28%$0.377.25%
0REW.LZüblin Immobilien Holding AG1.28%$0.5813.95%
300566.SZNingbo Exciton Technology Co., Ltd.1.28%$0.2432.55%
383310.KQEcopro HN Co., Ltd.1.28%$299.1337.96%
600114.SSNBTM New Materials Group Co., Ltd.1.28%$0.3944.85%
603109.SSSenci Electric Machinery Co.,Ltd.1.28%$0.3329.80%
6274.TWOTaiwan Union Technology Corporation1.28%$6.1759.29%
6415.TWSilergy Corp.1.28%$2.3736.29%
688338.SSBeijing Succeeder Technology Inc.1.28%$0.3336.57%
688687.SSBeijing Kawin Technology Share-Holding Co., Ltd.1.28%$0.3239.11%
8010.SRThe Company for Cooperative Insurance1.28%$1.5221.22%
ACCELERATE.BOAccelerateBS India Ltd.1.28%$1.0015.67%
000560.SZ5i5j Holding Group Co., Ltd.1.27%$0.0481.20%
002438.SZJiangsu Shentong Valve Co., Ltd.1.27%$0.2034.02%
002850.SZShenzhen Kedali Industry Co., Ltd.1.27%$2.0033.47%
002972.SZShenzhen keanda electronic technology co.,ltd1.27%$0.1546.95%
003025.SZSijin Intelligent Forming Machinery Co., Ltd.1.27%$0.1835.63%
089980.KQSang-A Frontec Co.,Ltd.1.27%$199.1825.34%
185750.KSChong Kun Dang Pharmaceutical Corp.1.27%$1,049.0222.67%
2049.TWHiwin Technologies Corp.1.27%$2.4954.85%
214420.KSTonymoly Co., Ltd1.27%$120.5318.35%
300724.SZShenzhen S.C New Energy Technology Corporation1.27%$1.2112.25%
5490.TWOXAC Automation Corporation1.27%$0.3523.58%
7084.KLQL Resources Berhad1.27%$0.0541.79%
7293.KLYinson Holdings Berhad1.27%$0.0315.30%
TFCO4.SATrack & Field Co S.A.1.27%$0.2022.14%
002937.SZNingbo Sunrise Elc Technology Co.,Ltd1.26%$0.3057.29%
1788.HKGuotai Junan International Holdings Limited1.26%$0.0332.32%
3769.TGMO Payment Gateway, Inc.1.26%$122.5646.89%
3774.TInternet Initiative Japan Inc.1.26%$34.7727.53%
603257.SSChina Nerin Engineering Co Ltd1.26%$0.7566.31%