Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co.,Ltd (601528.SS)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$34.71 - $204.22$63.93
Multi-Stage$20.39 - $22.31$21.33
Blended Fair Value$42.63
Current Price$5.31
Upside702.82%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.90%12.46%0.270.230.190.100.190.200.190.160.130.11
YoY Growth--15.60%22.64%84.04%-44.59%-7.89%8.69%15.04%24.07%18.32%32.41%
Dividend Yield--5.10%4.66%3.40%1.42%2.08%2.26%2.08%1.81%1.46%1.23%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,006.03
(-) Cash Dividends Paid (M)439.90
(=) Cash Retained (M)1,566.13
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)401.21250.75150.45
Cash Retained (M)1,566.131,566.131,566.13
(-) Cash Required (M)-401.21-250.75-150.45
(=) Excess Retained (M)1,164.921,315.381,415.68
(/) Shares Outstanding (M)1,953.481,953.481,953.48
(=) Excess Retained per Share0.600.670.72
LTM Dividend per Share0.230.230.23
(+) Excess Retained per Share0.600.670.72
(=) Adjusted Dividend0.820.900.95
WACC / Discount Rate8.00%8.00%8.00%
Growth Rate5.50%6.50%7.50%
Fair Value$34.71$63.93$204.22
Upside / Downside553.69%1,103.90%3,746.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,006.032,136.422,275.292,423.182,580.692,748.432,830.89
Payout Ratio21.93%35.54%49.16%62.77%76.39%90.00%92.50%
Projected Dividends (M)439.90759.351,118.471,521.071,971.282,473.592,618.57

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.00%8.00%8.00%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)696.52703.12709.72
Year 2 PV (M)941.04958.96977.06
Year 3 PV (M)1,173.881,207.581,241.91
Year 4 PV (M)1,395.451,449.111,504.31
Year 5 PV (M)1,606.151,683.721,764.27
PV of Terminal Value (M)34,026.6335,670.1337,376.53
Equity Value (M)39,839.6641,672.6343,573.80
Shares Outstanding (M)1,953.481,953.481,953.48
Fair Value$20.39$21.33$22.31
Upside / Downside284.07%301.74%320.07%

High-Yield Dividend Screener

« Prev Page 92 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
025860.KSNamhae Chemical Corporation1.19%$80.0414.89%
1811.HKCGN New Energy Holdings Co., Ltd.1.19%$0.0326.78%
2834.TWTaiwan Business Bank, Ltd.1.19%$0.1915.08%
300228.SZZhangjiagang Furui Special Equipment Co., Ltd.1.19%$0.1226.55%
301603.SZJirfine Intelligent Equipment Co Ltd1.19%$0.9032.78%
CBChubb Limited1.19%$3.6915.38%
CEU.TOCES Energy Solutions Corp.1.19%$0.1518.25%
DMR.BODMR Engineering Limited1.19%$0.543.40%
NVGSNavigator Holdings Ltd.1.19%$0.2113.24%
000811.SZMoon Environment Technology Co.,Ltd.1.18%$0.2237.00%
002394.SZJiangsu Lianfa Textile Co.,Ltd1.18%$0.1918.15%
0N5I.Ladesso SE1.18%$1.0353.71%
300446.SZAerospace Intelligent Manufacturing Technology Co., Ltd.1.18%$0.3028.00%
300685.SZAmoy Diagnostics Co., Ltd.1.18%$0.2432.27%
4733.TOBIC Business Consultants Co., Ltd.1.18%$100.0244.69%
600839.SSSichuan Changhong Electric Co.,Ltd.1.18%$0.1136.18%
603708.SSJiajiayue Group Co., Ltd.1.18%$0.1457.83%
IDUN-B.STIdun Industrier AB (publ)1.18%$4.0996.91%
000821.SZJ.S. Corrugating Machinery Co., Ltd.1.17%$0.1635.09%
000938.SZUnisplendour Corporation Limited1.17%$0.2958.81%
002454.SZSongz Automobile Air Conditioning Co., Ltd.1.17%$0.1030.68%
002675.SZYantai Dongcheng Pharmaceutical Group Co.,Ltd.1.17%$0.1679.89%
200670.KQHumedix Co., Ltd.1.17%$480.838.97%
600380.SSJoincare Pharmaceutical Group Industry Co.,Ltd.1.17%$0.1418.16%
603687.SSZhejiang Great Shengda Packaging Co.,Ltd.1.17%$0.1152.97%
603868.SSShanghai Flyco Electrical Appliance Co., Ltd.1.17%$0.5149.15%
605020.SSZhejiang Yonghe Refrigerant Co., Ltd.1.17%$0.3228.04%
6895.TWOWave Power Technology Inc.1.17%$2.3059.81%
7583.TWOInternational Ocean Group1.17%$0.8213.23%
ENGCON-B.STengcon AB (publ)1.17%$0.9766.07%
KGX.DEKion Group AG1.17%$0.8239.55%
KTMS.BKKt Medical Service Public Company Limited1.17%$0.0217.07%
ORI-R.BKOrigin Property Public Company Limited1.17%$0.029.09%
TIH.TOToromont Industries Ltd.1.17%$1.9632.92%
000407.SZShandong Shengli Co., Ltd.1.16%$0.0640.12%
001318.SZJiangxi Sunshine Dairy Co., Ltd.1.16%$0.1843.68%
002696.SZBaiyang Investment Group, Inc.1.16%$0.0852.38%
002825.SZShanghai NAR Industrial Co., Ltd1.16%$0.1327.19%
002947.SZSuzhou Hengmingda Electronic Technology Co., Ltd.1.16%$0.6027.09%
009450.KSKyung Dong Navien Co., Ltd.1.16%$650.007.73%
075580.KSSejin Heavy Industries Co., Ltd.1.16%$199.3628.86%
0R15.LSoftBank Group Corp.1.16%$50.854.17%
300127.SZChengdu Galaxy Magnets Co.,Ltd.1.16%$0.3563.58%
300259.SZSuntront Technology Co., Ltd.1.16%$0.0524.87%
301131.SZSuper-Dragon Engineering Plastics Co., Ltd1.16%$0.5664.43%
3692.HKHansoh Pharmaceutical Group Company Limited1.16%$0.4226.44%
4373.TSimplex Holdings, Inc.1.16%$12.1428.57%
601899.SSZijin Mining Group Company Limited1.16%$0.4023.72%
603101.SSXinjiang Winka Times Department Store Co.,Ltd.1.16%$0.1158.89%
603530.SSJiangsu Shemar Electric Co.,Ltd1.16%$0.4854.08%