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Dah Sing Financial Holdings Limited (0440.HK)

HKD41.80 +0.82 (+2.00%)
HK HKSE Financial Services Banks - Regional
Address Dah Sing Financial Centre
Wan Chai, HK
CEO Hon-Hing Wong
IPO 1987-11-05
ISIN HK0440001847

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Also trades on Hong Kong Stock Exchange · 0440.HK (HKD) Other OTC · DAHSF (USD) Other OTC · DSFGY (USD)
Description

Dah Sing Financial Holdings Limited functions as an investment holding company, offering a comprehensive suite of banking, insurance, and financial solutions, alongside related services, predominantly within the People's Republic of China. The company's operations are structured across five principal divisions: Personal Banking, Corporate Banking, Treasury and Global Markets, Overseas Banking, and Insurance Business. The Personal Banking segment caters to individual customers by accepting various deposits and providing diverse credit facilities, including home mortgages, personal and vehicle loans, overdrafts, and credit card services, in addition to offering insurance and investment advisory. The Corporate Banking division supports commercial, industrial, and institutional clients with deposit services, loans, working capital financing, and trade finance. Within the Treasury and Global Markets segment, the company manages foreign exchange, oversees cash management (spanning deposit-taking and lending), handles interest rate risk, and manages its securities investment portfolio. The Overseas Banking segment extends a full spectrum of personal and corporate banking products and services internationally. Lastly, the Insurance Business segment is focused on insurance provision and pension fund administration. Beyond these core activities, Dah Sing Financial Holdings also engages in insurance agency work, nominee services, securities dealing, and real estate investments. Founded in 1947 and headquartered in Wan Chai, Hong Kong, the company was originally known as Fivetech Investments Limited, changing its name to Dah Sing Financial Holdings Limited in July 1987.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD41.80 +0.82 (+2.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
202.8K
Beta
0.46
Float Shares
189.17M
Free Float %
59.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.48% -1.30% +2.96% -0.24% +17.37% +20.02% +44.60% +113.70% +53.49% -17.91% +54.16%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (5 ratings, all time) Buy
Price Targets & DCF
Current price
41.80
DCF (Unlevered) 58.50 +40.0%
DCF (Levered) 77.81 +86.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.35
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
  • Revenue growth
    +20.0% Q4'25: -59.4% (vs Q4'23)
  • EPS growth
    +25.5% Q4'25: +22.6% (vs Q4'23)
  • FCF margin
    Q4'25: +6.3% (vs Q4'23)
  • EBIT margin
    Q4'25: +23.0% (vs Q4'23)
  • ROIC
    Q4'25: +6.9% (vs Q4'23)
  • Share dilution
    +0.1% Q4'25: +0.3% (vs Q4'23)
  • Debt / EBITDA
    Q4'25: 1.13× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.47) × ERP
WACC = 73% × Ke + 27% × Kd (91.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 58.79 Current price: 41.80
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
6.80B
est: 4.89B (+39.0%)
6.78B
est: 5.06B (+34.0%)
7.82B
est: 5.16B (+51.6%)
9.01B
est: 5.99B (+50.5%)
9.61B
est: 5.73B (+67.7%)
8.65B
est: 5.25B (+64.9%)
7.46B
est: 5.88B (+26.9%)
4.50B
est: 5.81B (-22.6%)
4.96B
est: 5.84B (-15.0%)
5.40B
est: 6.84B (-21.0%)
6.48B
est: 8.24B (-21.4%)
8.40B
8.40B – 8.40B
+1.9% YoY
8.78B
8.78B – 8.78B
+4.5% YoY
9.23B
9.23B – 9.23B
+5.1% YoY
EBITDA
4.30B
est: 2.04B (+111.1%)
4.35B
est: 2.10B (+106.7%)
est: 2.15B (-100.0%)
3.16B
est: 2.49B (+26.9%)
3.00B
est: 2.38B (+25.9%)
2.28B
est: 2.18B (+4.4%)
2.51B
est: 2.45B (+2.6%)
2.41B
est: 2.42B (-0.4%)
2.00B
est: 2.43B (-17.8%)
2.93B
est: 3.05B (-3.9%)
2.69B
est: 3.68B (-26.9%)
3.75B
3.75B – 3.75B
+1.9% YoY
3.92B
3.92B – 3.92B
+4.5% YoY
4.12B
4.12B – 4.12B
+5.1% YoY
EBIT
4.12B
est: 1.71B (+140.6%)
4.17B
est: 1.77B (+135.6%)
-186.71M
est: 1.80B (-110.3%)
2.98B
est: 2.10B (+42.4%)
2.63B
est: 2.00B (+31.1%)
1.89B
est: 1.84B (+2.7%)
2.10B
est: 2.06B (+2.2%)
2.02B
est: 2.03B (-0.8%)
1.64B
est: 2.04B (-19.7%)
2.55B
est: 2.58B (-1.4%)
2.31B
est: 3.11B (-25.7%)
3.17B
3.17B – 3.17B
+1.9% YoY
3.32B
3.32B – 3.32B
+4.5% YoY
3.49B
3.49B – 3.49B
+5.1% YoY
Net Income
1.95B
est: 1.24B (+56.5%)
1.89B
est: 1.25B (+51.3%)
1.84B
est: 1.64B (+12.3%)
1.92B
est: 1.93B (-0.9%)
1.71B
est: 1.80B (-5.3%)
1.16B
est: 1.30B (-10.7%)
1.31B
est: 1.68B (-22.2%)
1.22B
est: 2.14B (-42.9%)
1.59B
est: 1.24B (+28.4%)
1.67B
est: 1.74B (-3.7%)
2.06B
est: 2.29B (-10.3%)
2.31B
2.31B – 2.31B
+0.5% YoY
2.51B
2.51B – 2.51B
+8.8% YoY
2.71B
2.71B – 2.71B
+8.2% YoY
SGA
152.03M
est: 91.28M (+66.5%)
147.16M
est: 94.30M (+56.1%)
142.62M
est: 96.18M (+48.3%)
160.53M
est: 111.70M (+43.7%)
167.11M
est: 106.85M (+56.4%)
150.37M
est: 97.87M (+53.6%)
97.03M
est: 109.66M (-11.5%)
108.45M
est: 108.37M (+0.1%)
103.11M
est: 108.86M (-5.3%)
97.21M
est: 125.48M (-22.5%)
102.85M
est: 151.28M (-32.0%)
154.15M
154.15M – 154.15M
+1.9% YoY
161.14M
161.14M – 161.14M
+4.5% YoY
169.33M
169.33M – 169.33M
+5.1% YoY
EPS
5.81
est: 3.89 (+49.5%)
5.65
est: 3.90 (+44.7%)
5.49
est: 5.12 (+7.3%)
5.72
est: 6.04 (-5.2%)
5.28
est: 5.63 (-6.2%)
3.62
est: 4.05 (-10.7%)
4.09
est: 5.25 (-22.1%)
3.83
est: 6.69 (-42.8%)
4.99
est: 3.87 (+28.9%)
5.25
est: 5.42 (-3.1%)
6.45
est: 7.16 (-9.9%)
7.19
7.19 – 7.19
+0.5% YoY
7.83
7.83 – 7.83
+8.8% YoY
8.47
8.47 – 8.47
+8.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 5/5 2/5 3/5 3/5 3/5 4/5
2026-05-28 B+ 3/5 4/5 2/5 3/5 3/5 3/5 4/5
2026-05-27 B+ 3/5 4/5 2/5 3/5 3/5 3/5 4/5
2026-05-26 B+ 3/5 4/5 2/5 3/5 3/5 3/5 4/5
2026-05-22 B+ 3/5 4/5 2/5 3/5 3/5 3/5 4/5
2026-05-21 A- 4/5 5/5 2/5 3/5 3/5 3/5 4/5
2026-05-20 B+ 3/5 4/5 2/5 3/5 3/5 3/5 4/5
2026-05-19 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-18 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-15 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-14 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-13 B+ 3/5 3/5 2/5 3/5 3/5 4/5 4/5
2026-05-12 B+ 3/5 3/5 2/5 3/5 3/5 4/5 4/5
2026-05-11 B+ 3/5 3/5 2/5 3/5 3/5 4/5 4/5
2026-05-08 A- 4/5 3/5 2/5 3/5 3/5 4/5 5/5
2026-05-07 A- 4/5 3/5 2/5 3/5 3/5 4/5 5/5
2026-05-06 A- 4/5 3/5 2/5 3/5 3/5 4/5 5/5
2026-05-05 A- 4/5 3/5 2/5 3/5 3/5 4/5 5/5
2026-05-04 A- 4/5 3/5 2/5 3/5 3/5 4/5 5/5
2026-04-30 A- 4/5 4/5 2/5 3/5 3/5 4/5 5/5
2026-04-29 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-04-28 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-04-27 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-04-24 A- 4/5 4/5 2/5 4/5 2/5 4/5 4/5
2026-04-23 A 4/5 4/5 3/5 4/5 2/5 4/5 5/5
2026-04-22 A 4/5 4/5 3/5 4/5 2/5 4/5 5/5
2026-04-21 A 4/5 4/5 3/5 4/5 2/5 4/5 5/5
2026-04-20 A 4/5 4/5 3/5 4/5 2/5 4/5 5/5
2026-04-17 A 4/5 4/5 3/5 4/5 2/5 4/5 5/5
2026-04-16 A 4/5 4/5 3/5 4/5 2/5 4/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
929.53M
OE per share TTM
2.90
Owner's Yield
5.65%
Maintenance CapEx ratio
333.60%
Maint CapEx / Avg PPE
43.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 75 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
759.1K
Shares Outstanding
319.58M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Tsu-Hing Wong Group GM & Executive Director 27M male
Shou-Yeh Wong Executive Chairman of the Board 22M male
Hon-Hing Wong MD, Chief Executive Officer & Vice Chairman 10M male
Pak-Ling Wang Deputy Chief Executive & Executive Director 8M male
Wing-Fai Poon Chief Executive Officer & Director of Dah Sing Insurance Co (1976) Ltd male
Lee Kook IR Officer male
Tsung Yung Li Company Secretary male
Chow Chi-Leung Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits