Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

China Gas Holdings Limited (0384.HK)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$45.25 - $215.52$98.92
Multi-Stage$37.50 - $41.05$39.24
Blended Fair Value$69.08
Current Price$7.62
Upside806.58%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS1.90%15.85%0.490.550.550.570.480.440.330.260.180.17
YoY Growth---11.82%-0.02%-2.29%17.40%8.67%35.11%27.72%45.85%1.24%55.58%
Dividend Yield--6.89%7.91%5.01%5.65%1.52%1.65%1.18%0.90%1.41%1.53%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,940.36
(-) Cash Dividends Paid (M)5,629.24
(=) Cash Retained (M)311.12
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,188.07742.54445.53
Cash Retained (M)311.12311.12311.12
(-) Cash Required (M)-1,188.07-742.54-445.53
(=) Excess Retained (M)-876.95-431.42-134.40
(/) Shares Outstanding (M)5,399.435,399.435,399.43
(=) Excess Retained per Share-0.16-0.08-0.02
LTM Dividend per Share1.041.041.04
(+) Excess Retained per Share-0.16-0.08-0.02
(=) Adjusted Dividend0.880.961.02
WACC / Discount Rate5.91%5.91%5.91%
Growth Rate3.89%4.89%5.89%
Fair Value$45.25$98.92$215.52
Upside / Downside493.82%1,198.15%2,728.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,940.366,230.736,535.306,854.757,189.827,541.277,767.51
Payout Ratio94.76%93.81%92.86%91.91%90.95%90.00%92.50%
Projected Dividends (M)5,629.245,845.056,068.526,299.866,539.326,787.147,184.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.91%5.91%5.91%
Growth Rate3.89%4.89%5.89%
Year 1 PV (M)5,466.335,518.945,571.56
Year 2 PV (M)5,307.585,410.255,513.91
Year 3 PV (M)5,152.915,303.155,456.28
Year 4 PV (M)5,002.215,197.605,398.67
Year 5 PV (M)4,855.385,093.605,341.09
PV of Terminal Value (M)176,698.29185,367.85194,374.41
Equity Value (M)202,482.69211,891.40221,655.92
Shares Outstanding (M)5,399.435,399.435,399.43
Fair Value$37.50$39.24$41.05
Upside / Downside392.14%415.00%438.74%

High-Yield Dividend Screener

« Prev Page 93 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603890.SSSuzhou Chunqiu Electronic Technology Co., Ltd.1.16%$0.1926.66%
688596.SSShanghai GenTech Co., Ltd.1.16%$0.3739.36%
9520.SRShatirah House Restaurant Co.1.16%$0.2872.19%
HKB.SIAMTD IDEA Group1.16%$0.041.49%
LUVE.MILU-VE S.p.A.1.16%$0.4628.39%
M-CHAI.BKMahachai Hospital Public Company Limited1.16%$0.2541.99%
TELTE Connectivity Ltd.1.16%$2.6943.59%
002705.SZGuangdong Xinbao Electrical Appliances Holdings Co., Ltd1.15%$0.1611.95%
2588.HKBOC Aviation Limited1.15%$0.8533.42%
300939.SZShenzhen AV-Display Co., Ltd.1.15%$0.4058.71%
4368.TFuso Chemical Co.,Ltd.1.15%$72.9521.72%
4543.TTerumo Corporation1.15%$26.0729.43%
600338.SSTibet Summit Resources Co.,Ltd.1.15%$0.1735.44%
600763.SSTopchoice Medical Corporation1.15%$0.4639.91%
601600.SSAluminum Corporation of China Limited1.15%$0.1416.77%
603223.SSHengtong Logistics Co., Ltd.1.15%$0.1132.46%
605003.SSZhongWang Fabric Co., Ltd.1.15%$0.4169.19%
7115.TAlpha Purchase Co., Ltd.1.15%$25.8927.00%
FSL.BOFirstsource Solutions Limited1.15%$3.9041.18%
SAP.DESAP SE1.15%$2.3338.73%
TERRA13.MXFibra Terrafina1.15%$0.4614.15%
TTEN3.SATrês Tentos Agroindustrial S/A1.15%$0.1911.01%
001301.SZShijiazhuang Shangtai Technology Co., Ltd.1.14%$0.9826.25%
004370.KSNongshim Co., Ltd.1.14%$4,883.4318.11%
0HA8.LCorporación Financiera Alba, S.A.1.14%$0.9659.26%
0ZPV.LJenoptik AG1.14%$0.3524.94%
2651.TLawson, Inc.1.14%$117.3822.18%
300636.SZJiangxi Synergy Pharmaceutical Co., Ltd.1.14%$0.0938.18%
301181.SZJiangyin Pivot Automotive Products Co., Ltd.1.14%$0.5047.28%
4200.SRAldrees Petroleum and Transport Services Company1.14%$1.5036.84%
600552.SSTriumph Science & Technology Co.,Ltd1.14%$0.1485.31%
601969.SSHainan Mining Co., Ltd.1.14%$0.1457.09%
688314.SSKontour (Xi'an) Medical Technology Co., Ltd.1.14%$0.3834.72%
8466.TWM.J. International Co., Ltd.1.14%$0.2522.59%
8467.TWBonny Worldwide Limited1.14%$2.0215.71%
9936.HKXimei Resources Holding Limited1.14%$0.079.69%
TANLA.BOTanla Platforms Limited1.14%$6.0616.86%
VIT-B.STVitec Software Group AB (publ)1.14%$3.3033.04%
WINE.JKPT HATTEN BALI Tbk1.14%$2.3515.27%
001696.SZChongqing Zongshen Power Machinery Co.,Ltd1.13%$0.2533.93%
002363.SZShandong Longji Machinery Co.,Ltd1.13%$0.1191.74%
095610.KQTES Co., Ltd1.13%$600.1415.66%
098070.KQHantech1.13%$356.9910.94%
206640.KQBoditech Med Inc.1.13%$150.0312.80%
3498.TKasumigaseki Capital Co.,Ltd.1.13%$83.2616.29%
600054.SSHuangshan Tourism Development Co.,Ltd.1.13%$0.1333.02%
600377.SSJiangsu Expressway Company Limited1.13%$0.1414.78%
601677.SSHenan Mingtai Al.Industrial Co.,Ltd.1.13%$0.1712.01%
688589.SSLeaguer (Shenzhen) Microelectronics Corp.1.13%$0.2666.29%
7203.SRElm Company1.13%$8.5030.89%