Property Development

HKG:1628 YuZhou Properties Yield looks to good to be true? That is because it is. Over 20% and it’s based on price divided by dividends HK$0.335 book year 2020. Interim 2021 dividends were decreased by 55%. This makes chances of a dividend raise at the end of 2021 pretty slim. The Dividend Chart looks good: 9 years of sunny-side-up. There is trouble in paradise here. Payout ratio is over 100% A P/E of over 100 is unique and not in a good way.

HKG:1030 Seazen Group Seazen Group Limited, formerly Future Land Development Holdings Limited, is principally engaged in the development, investment, management and sales of properties. The Company operates through two business segments. The A Share Company segment is mainly engaged in the development of residential properties and mixed-use complexes for sale and investment. The Non-A Share Companies segment is mainly engaged in the management of properties and provision of other services, including certain newly established businesses which are at state-up stage. The Company is also involved in the provision of construction design and consulting services, department store management services, as well as the investment and property marketing research services through its subsidiaries.

HKG:0817 China JinMao 2021 no final dividends. The Risk indicators of the Stock Screener said there was heavy weather to be expected. This company was a Dividend Challenger for just 1 year, after 5 year of raises, this stops.

HKG:0604 Shenzhen Investment After increasing dividends 6 years in a row, this stopped with the announcement over the results of 2021. with a dividend decrease of 16% this company is no longer a Dividend Challenger. The negative P/E and EPS were the strongest indicators.