Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tianrun Industry Technology Co., Ltd. (002283.SZ)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$6.32 - $14.57$9.24
Multi-Stage$4.76 - $5.18$4.97
Blended Fair Value$7.10
Current Price$6.63
Upside7.13%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS32.15%16.69%0.230.060.100.060.050.060.080.050.050.05
YoY Growth--296.01%-41.48%74.42%21.45%-17.90%-25.95%55.04%5.80%-2.47%-1.97%
Dividend Yield--3.44%1.05%1.74%0.80%0.71%1.68%1.74%0.99%0.66%1.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)343.85
(-) Cash Dividends Paid (M)224.81
(=) Cash Retained (M)119.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)68.7742.9825.79
Cash Retained (M)119.04119.04119.04
(-) Cash Required (M)-68.77-42.98-25.79
(=) Excess Retained (M)50.2776.0693.25
(/) Shares Outstanding (M)1,120.831,120.831,120.83
(=) Excess Retained per Share0.040.070.08
LTM Dividend per Share0.200.200.20
(+) Excess Retained per Share0.040.070.08
(=) Adjusted Dividend0.250.270.28
WACC / Discount Rate9.59%9.59%9.59%
Growth Rate5.50%6.50%7.50%
Fair Value$6.32$9.24$14.57
Upside / Downside-4.61%39.36%119.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)343.85366.20390.00415.35442.35471.10485.23
Payout Ratio65.38%70.30%75.23%80.15%85.08%90.00%92.50%
Projected Dividends (M)224.81257.45293.39332.91376.33423.99448.84

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.59%9.59%9.59%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)232.71234.91237.12
Year 2 PV (M)239.70244.27248.88
Year 3 PV (M)245.85252.91260.10
Year 4 PV (M)251.21260.87270.81
Year 5 PV (M)255.82268.18281.01
PV of Terminal Value (M)4,106.974,305.344,511.30
Equity Value (M)5,332.265,566.485,809.21
Shares Outstanding (M)1,120.831,120.831,120.83
Fair Value$4.76$4.97$5.18
Upside / Downside-28.24%-25.09%-21.83%

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%