The S&P/ASX 200 Index (ASX: XJO) notched a record closing high on 6 August and ended the month up 1.1%, but these five ASX 200 shares went the other direction.
Below, we look at five large-cap ASX companies that investors would have done well to avoid in August.
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Centuria Capital Group (ASX: CNI)
Centuria Capital shares tumbled 17% in the month just past, closing out August trading at $1.22 apiece.
The real estate funds manager reported its FY 2026 results on 27 August.
The company reported operating earnings before interest, taxes, depreciation and amortisation (EBITDA) of $182.5 million and a 12.9% year-on-year increase in operating net profit after tax (NPAT) to $113.8 million.
But amid sticky inflation and potential further interest rate hikes, the ASX 200 share just closed out a month to forget.
Charter Hall Group (ASX: CHC)
Charter Hall shares were also best avoided in August.
Shares in the Aussie property investment and funds manager fell 17.2% over the month to close at $19.32 each.
Charter Hall released its FY 2026 results on 21 August.
Shares closed down 6.3% on the day, despite the company reporting operating earnings of $488.1 million. Operating earnings per security (OEPS) post-tax of 103.2 cents were up 26.8% from FY 2025.
But Charter Hall could also face headwinds if the Aussie property market struggles with higher interest rates for longer.
JB Hi-Fi Ltd (ASX: JBH)
The third ASX 200 share that had a month to forget is electronics retailer JB Hi-Fi.
JB Hi-Fi shares closed on 31 August trading for $66.90 each, down 18.3% for the month.
JB Hi-Fi shares plunged 12.3% on 17 August after the company reported its FY 2026 results.
On the positive side of the ledger, JB Hi-Fi achieved record revenue of $11.06 billion, up 4.8% year on year. And on the bottom line, the company reported a net profit after tax (NPAT) of $489.9 million, up 6%.
But investors were pressuring JB Hi-Fi shares amid concerns that FY 2027 could be a tougher year. Indeed, the company reported a 1.4% decline in comparable sales growth for JB Hi-Fi Australia for July.
Life360 Inc (ASX: 360)
Life360 shares also got walloped in August, falling 21% to end the month trading for $20.25 each.
Shares in the location-sharing software developer crashed by 19.4% on 11 August after the company released its second-quarter (Q2 2026) results.
Positively, Life360 achieved a 38% year-on-year increase in revenue to US$159 million. And adjusted EBITDA of US$31.1 million were up 53%.
However, the company's second-quarter net income of US$5.1 million was down 17.8% from Q2 2025, while Life360's net income margin (NIM) fell to 3%, down from 6% a year earlier.
Generation Development Group Ltd (ASX: GDG)
The fifth ASX 200 share to get heavily sold down in August is diversified financial services business Generation Development.
Generation Development shares tumbled 22.6% to close out the month trading for $3.18 apiece.
Shares closed down 15.4% on 27 August following the release of the company's FY 2026 results.
On the plus side, the company achieved a 23% year-on-year increase in revenue to $178.7 million, with funds under management (FUM) rising 37% to $46.5 billion.
And Generation development reported underlying NPAT of $40.7 million, up 21% from FY 2025.
However, statutory NPAT fell 10% year on year to $31.9 million. And costs increased faster than revenue, with the company reporting a 26% increase in its operating expenses.
