FMP
Matthews China Dividend Fund Investor Class
MCDFX
NASDAQ
The investment seeks total return with an emphasis on providing current income. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in dividend-paying equity securities of companies located in China. It may also invest in convertible debt and equity securities of any maturity and quality, including those that are unrated, or would be below investment grade if rated, of companies located in China. China also includes its administrative and other districts, such as Hong Kong.
12.89 USD
0.29 (2.25%)
Operating Data
Year
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
Revenue
11.16M
10.31M
12.21M
10.32M
17.94M
21.04M
24.68M
28.96M
33.96M
39.84M
Revenue %
-
-7.56
18.37
-15.5
73.89
17.3
17.3
17.3
17.3
Ebitda
4.39M
-11.24M
34.44M
-35.26M
-8.38M
-4.52M
-5.3M
-6.22M
-7.29M
-8.55M
Ebitda %
39.34
-108.93
282.08
-341.79
-46.7
-21.47
-21.47
-21.47
-21.47
Ebit
13.98M
-2.47M
44.8M
-26.64M
-8.55M
1.19M
1.4M
1.64M
1.93M
2.26M
Ebit %
125.32
-23.99
366.97
-258.26
-47.64
5.67
5.67
5.67
5.67
Depreciation
-9.59M
-8.76M
-10.36M
-8.62M
167.9k
-14.24M
-16.71M
-19.6M
-22.99M
-26.96M
Depreciation %
-85.98
-84.94
-84.89
-83.53
0.94
-67.68
-67.68
-67.68
-67.68
Balance Sheet
Year
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
Total Cash
58.41k
86.63k
5.02k
127.25k
211.65k
160.68k
188.47k
221.08k
259.33k
304.19k
Total Cash %
0.52
0.84
0.04
1.23
1.18
0.76
0.76
0.76
0.76
Receivables
1.09M
175.09k
566.78k
1.44M
1.97M
1.73M
2.03M
2.38M
2.79M
3.27M
Receivables %
9.76
1.7
4.64
13.96
10.97
8.21
8.21
8.21
8.21
Inventories
1
-
-
-
-
0.38
0.44
0.52
0.61
0.71
Inventories %
0
-
-
-
-
0
0
0
0
Payable
-
-
472.91k
114.59k
-
209.77k
246.06k
288.63k
338.56k
397.13k
Payable %
-
-
3.87
1.11
-
1
1
1
1
Cap Ex
-
-
-
-
-
-
-
-
-
-
Cap Ex %
-
-
-
-
-
-
-
-
-
Weighted Average Cost Of Capital
Price
12.89
Beta
Diluted Shares Outstanding
24.87M
Costof Debt
3.92
Tax Rate
After Tax Cost Of Debt
3.92
Risk Free Rate
Market Risk Premium
Cost Of Equity
Total Debt
1.54M
Total Equity
320.51M
Total Capital
322.05M
Debt Weighting
0.48
Equity Weighting
99.52
Wacc
8.1
Build Up Free Cash Flow
Year
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
Revenue
11.16M
10.31M
12.21M
10.32M
17.94M
21.04M
24.68M
28.96M
33.96M
39.84M
Ebitda
4.39M
-11.24M
34.44M
-35.26M
-8.38M
-4.52M
-5.3M
-6.22M
-7.29M
-8.55M
Ebit
13.98M
-2.47M
44.8M
-26.64M
-8.55M
1.19M
1.4M
1.64M
1.93M
2.26M
Tax Rate
-
-
-
-
-
-
-
-
-
-
Ebiat
13.98M
-2.47M
44.8M
-26.64M
-8.55M
1.19M
1.4M
1.64M
1.93M
2.26M
Depreciation
-9.59M
-8.76M
-10.36M
-8.62M
167.9k
-14.24M
-16.71M
-19.6M
-22.99M
-26.96M
Receivables
1.09M
175.09k
566.78k
1.44M
1.97M
1.73M
2.03M
2.38M
2.79M
3.27M
Inventories
1
-
-
-
-
0.38
0.44
0.52
0.61
0.71
Payable
-
-
472.91k
114.59k
-
209.77k
246.06k
288.63k
338.56k
397.13k
Cap Ex
-
-
-
-
-
-
-
-
-
-
Ufcf
3.3M
-10.32M
34.52M
-36.49M
-9.02M
-12.6M
-15.57M
-18.26M
-21.42M
-25.13M
Wacc
8.1
8.1
8.1
8.1
8.1
Pv Ufcf
-11.65M
-13.32M
-14.46M
-15.69M
-17.02M
Sum Pv Ufcf
-72.14M
Terminal Value
Growth In Perpetuity Method
Long Term Growth Rate
Wacc
8.1
Free Cash Flow T1
-25.63M
Terminal Value
-420.11M
Present Terminal Value
-284.59M
Intrinsic Value
Enterprise Value
-356.73M
Net Debt
1.33M
Equity Value
-358.06M
Diluted Shares Outstanding
24.87M
Equity Value Per Share
-14.4
Projected DCF
-14.4 1.895%
