SBB & Chinese Listed Companies on ASX, page-19

If they have roe greater than 15% then dividends really don't make sense. I would prefer company to have the money and keep making greater than 15% each year for 10 years. If they pay out 80% won't they have 80% less growth?? Yes debt can help with growth but seems to me they have enough cash flow to fund the growth for now. I get the impression ceo playing it safe due to competive pressures in China which is fine by me.

DYOR