HKG:0010 Hang Lung Group operates in the field of Property investment. As with many companies that opperate in the property category, re-evalution of the properties is what’s causing a negative result. That said, a payout ratio of -72% is not a good thing. Let’s be gratefull for the dividend announcement and hope all will look brighter as 2021 proceeds.
HKG:0010 Hang Lung Group
Last update: 12-Jun-21
- Yield: 4.02%
- Price/earnings ratio : -18.05 (Ideal <20 )
- Earnings per share : -1.130 (Ideal >0.001)
- Price as per 12-Jun-21 : HK$20.40
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