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 94 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AKVA.OLAKVA group ASA1.13%$1.0021.19%
CPCanadian Pacific Kansas City Ltd.1.13%$0.8418.03%
000698.SZShenyang Chemical Industry Co., Ltd.1.12%$0.0431.22%
000887.SZAnhui Zhongding Sealing Parts Co., Ltd.1.12%$0.2622.74%
002019.SZYifan Pharmaceutical Co., Ltd.1.12%$0.1339.99%
002489.SZYotrio Group Co., Ltd.1.12%$0.0414.30%
002545.SZQingdao East Steel Tower Stock Co.Ltd1.12%$0.2127.84%
002876.SZShenzhen Sunnypol Optoelectronics Co.,Ltd.1.12%$0.2796.20%
1133.HKHarbin Electric Company Limited1.12%$0.2013.64%
2081.SRAlkhorayef Water & Power Technologies1.12%$1.5020.25%
300014.SZEVE Energy Co., Ltd.1.12%$0.7443.77%
600452.SSChongqing Fuling Electric Power Industrial Co., Ltd.1.12%$0.1141.35%
600498.SSFiberhome Telecommunication Technologies Co., Ltd.1.12%$0.3651.86%
603290.SSStarPower Semiconductor Ltd.1.12%$1.0855.22%
603379.SSZhejiang Sanmei Chemical Industry Co., Ltd.1.12%$0.6823.00%
688077.SSEarth-Panda Advanced Magnetic Material Co.,Ltd.1.12%$0.3480.86%
688113.SSJiangsu Liance Electromechanical Technology Co., Ltd.1.12%$0.4427.68%
9697.TCapcom Co., Ltd.1.12%$40.8030.63%
JLJ-Long Group Limited1.12%$0.0710.02%
MREI.JKPT Maskapai Reasuransi Indonesia Tbk1.12%$13.567.63%
RRRP3.SA3R Petroleum Óleo e Gás S.A.1.12%$0.205.90%
RSGK.JKPT Kedoya Adyaraya Tbk1.12%$11.0030.42%
TKBP.SWThurgauer Kantonalbank1.12%$1.8211.49%
001203.SZInner Mongolia Dazhong Mining Co., Ltd.1.11%$0.3473.27%
002928.SZChina Express Airlines Co.,LTD1.11%$0.1226.84%
002971.SZHubei Heyuan Gas Co.,Ltd.1.11%$0.3396.40%
052690.KSKEPCO Engineering & Construction Company, Inc.1.11%$998.7236.59%
0QJY.LSchaffner Holding AG1.11%$5.5222.35%
0ROQ.LComet Holding AG1.11%$2.5034.42%
0Y4Q.LWillis Towers Watson Public Limited Company1.11%$3.5816.92%
600817.SSYutong Heavy Industries Co.,Ltd.1.11%$0.1323.44%
601127.SSSeres Group Co.,Ltd.1.11%$1.3530.47%
603228.SSShenzhen Kinwong Electronic Co., Ltd.1.11%$0.8162.37%
6742.KLYTL Power International Berhad1.11%$0.0413.90%
6920.TLasertec Corporation1.11%$328.9731.31%
FERGFerguson plc1.11%$2.4925.04%
FRAS3.SAFras-le S.A.1.11%$0.2720.45%
WTN.AXWinton Land Limited1.11%$0.032.57%
002559.SZJiangsu Yawei Machine Tool Co., Ltd.1.10%$0.1180.31%
002891.SZYantai China Pet Foods Co., Ltd.1.10%$0.5740.72%
002901.SZDouble Medical Technology Inc.1.10%$0.5239.26%
002922.SZEaglerise Electric & Electronic (China) Co., Ltd1.10%$0.3452.70%
012610.KSKyungin Synthetic Co., Ltd.1.10%$54.9429.75%
300735.SZDBG Technology Co., Ltd.1.10%$0.2764.53%
301135.SZGuangdong Real-Design Intelligent Technology Co., Ltd1.10%$0.3176.35%
5272.KLRanhill Utilities Berhad1.10%$0.0233.57%
600597.SSBright Dairy & Food Co.,Ltd1.10%$0.0917.78%
6445.TJANOME Corporation1.10%$12.7626.30%
688230.SSShanghai Prisemi Electronics Co.,Ltd.1.10%$0.8091.66%
688551.SSHefei Kewell Power System Co.,Ltd.1.10%$0.4168.90%