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Hysan Development ADR HYSNY

Hysan Development Co Ltd is a company principally engaged in the properties leasing. The Company operates its business through four segments. The Retail segment engages in the leasing of space and related facilities. The Office segment engages in the leasing of office space and related facilities. The Residential segment engages in the leasing of residential properties and related facilities. The Property Development segment engages in the development and sale of properties.


OTCPK:HYSNY - Post by User

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  • JeroenSnoeksX
Post by JeroenSnoekson Jun 16, 2023 1:26pm
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Post# 35500509

Why I Chose to Invest in Hysan Development

Why I Chose to Invest in Hysan DevelopmentIn the wake of the Evergrande crisis in China, I sought undervalued investment opportunities and found Hysan Development Co Ltd (0014.SEHK). This real estate company has a rich history, owning prime properties in Hong Kong, with conservative management practices. Hysan stands out due to its strong balance sheet, attractive dividend yield, and strategic investments in Shanghai amidst the crisis.
Key financial metrics used in my due diligence showed promising signs. The company had a current ratio of 1.78 and a book value per share of 80.31, giving it a price to book value ratio of 0.22. The Price to Earnings Ratio stood at 13.43, which is fairly attractive, and the dividend yield was high at 8.06%.
I invested in Hysan in October 2022 at HKD 17.86 and have yet to sell these shares.
To read my complete analysis visit: Why I Chose to Invest in Hysan Development

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