SEHK:2602Real Estate
Onewo (SEHK:2602) Stock Faces Margin Squeeze Behind A 9.6% Yield
Onewo went into this earnings print with the stock roughly flat over the past month, yet it was trading on a rich 26.3x trailing P/E and offering a headline 9.6% dividend yield that already raised questions about sustainability. The H1 2026 numbers land squarely on that pressure point. Net profit margins over the past year sit at 1.8%, down from 3.2%, which puts the generous payout and premium valuation under a brighter spotlight. For investors, this set of results is less about revenue scale...