Subscribe

Dah Sing Banking Group Limited (2356.HK)

HKD12.43 +0.18 (+1.47%)
HK HKSE Financial Services Banks - Regional
Address Dah Sing Financial Centre
Wan Chai, HK
CEO Hon-Hing Wong
Website dahsing.com
IPO 2004-06-30
ISIN HK2356013600

Explore sections of this company profile

Description

Dah Sing Banking Group Limited serves as an investment holding company, delivering a comprehensive array of banking, financial, and related services throughout Hong Kong, Macau, and mainland China. The group's activities are structured into four main divisions: Personal Banking, Corporate Banking, Treasury and Global Markets, and Overseas Banking. Through its Personal Banking segment, the company accepts deposits from individual customers and offers a broad spectrum of retail financial products, including residential mortgage loans, personal credit lines, overdraft facilities, vehicle financing, and credit card services, in addition to insurance sales and investment solutions. The Corporate Banking segment manages deposits from commercial, industrial, and institutional clients, provides loans and working capital funding, and facilitates trade finance. Its Treasury and Global Markets division is responsible for foreign exchange transactions, cash management for deposit-taking and lending, interest rate risk management, and the oversight of securities investments. The Overseas Banking segment specifically handles both personal and corporate banking operations within Macau and the People's Republic of China. Beyond its core banking functions, the group also participates in property investment, securities dealing, and provides nominee services. As of December 31, 2021, Dah Sing Banking Group boasted a network that included 43 retail branches, 27 VIP banking centers, 16 securities trading centers, and 10 SME centers. The company, incorporated in 2004, is headquartered in Wan Chai, Hong Kong, and operates as a subsidiary of Dah Sing Financial Holdings Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
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
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
HKD12.43 +0.18 (+1.47%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
1M
Beta
0.64
Float Shares
355.61M
Free Float %
25.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.66% +0.52% +7.09% +2.52% +22.52% +25.96% +51.01% +128.96% +51.01% -1.47% +13.23%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

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

Price Targets & DCF
Current price
12.43
DCF (Unlevered) 27.67 +122.6%
DCF (Levered) 22.56 +81.5%

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
0.38
Distress
Piotroski F-Score
5 / 9
Average
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
  • ✓
    Revenue growth
    +68.1% Q4'25: -27.9% (vs Q4'23)
  • ✓
    EPS growth
    +20.4% Q4'25: +25.0% (vs Q4'23)
  • —
    FCF margin
    — Q4'25: +32.9% (vs Q4'23)
  • —
    EBIT margin
    — Q4'25: +14.6% (vs Q4'23)
  • —
    ROIC
    — Q4'25: +9.6% (vs Q4'23)
  • ✓
    Share dilution
    +0.0% Q4'25: 0.0% (vs Q4'23)
  • —
    Debt / EBITDA
    — Q4'25: 1.65× (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 (0.63) × ERP
WACC = 80% × Ke + 21% × Kd (93.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 27.77 Current price: 12.43
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 2009
actual 		Dec 2010
actual 		Dec 2011
actual 		Dec 2012
actual 		Dec 2013
actual 		Dec 2014
actual 		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
2.34B
est: 2.69B (-13.3%)
2.43B
est: 2.64B (-8.2%)
2.57B
est: 2.54B (+1.0%)
3.04B
est: 2.82B (+7.8%)
3.75B
est: 3.75B (-0.1%)
3.71B
est: 4.16B (-11.0%)
4.06B
est: 4.55B (-10.9%)
4.21B
est: 4.58B (-8.0%)
4.33B
est: 4.98B (-13.2%)
4.86B
est: 5.70B (-14.6%)
9.07B
est: 5.40B (+68.0%)
7.98B
est: 4.87B (+64.0%)
6.82B
est: 5.50B (+24.1%)
9.59B
est: 5.30B (+80.9%)
4.64B
est: 5.06B (-8.4%)
6.82B
est: 6.63B (+2.9%)
11.46B
est: 7.82B (+46.6%)
8.14B
8.14B – 8.14B
+4.1% YoY
8.50B
8.50B – 8.50B
+4.5% YoY
8.94B
8.94B – 8.94B
+5.1% YoY
EBITDA
789.74M
est: 2.53B (-68.8%)
1.24B
est: 1.65B (-24.7%)
1.14B
est: 1.80B (-36.7%)
1.43B
est: 678.99M (+110.8%)
1.69B
est: 904.40M (+87.4%)
—
est: 4.09B (-100.0%)
—
est: 1.10B (-100.0%)
2.83B
est: 4.50B (-37.1%)
—
est: 4.44B (-100.0%)
3.08B
est: 5.14B (-40.0%)
2.96B
est: 1.30B (+127.6%)
2.19B
est: 1.17B (+86.8%)
2.39B
est: 1.33B (+80.3%)
1.66B
est: 1.28B (+30.2%)
—
est: 1.16B (-100.0%)
2.77B
est: 1.52B (+82.5%)
2.47B
est: 1.79B (+37.9%)
1.86B
1.86B – 1.86B
+4.1% YoY
1.95B
1.95B – 1.95B
+4.5% YoY
2.05B
2.05B – 2.05B
+5.1% YoY
EBIT
675.62M
est: 196.46M (+243.9%)
1.11B
est: 670.91M (+65.4%)
982.48M
est: 1.04B (-5.1%)
1.32B
est: 1.36B (-2.5%)
1.58B
est: 2.08B (-24.4%)
-143.36M
est: 2.22B (-106.5%)
-156.93M
est: 2.51B (-106.3%)
2.67B
est: 2.58B (+3.7%)
-170.19M
est: 2.62B (-106.5%)
2.91B
est: 2.95B (-1.4%)
2.59B
est: 2.80B (-7.3%)
1.81B
est: 2.38B (-23.9%)
1.99B
est: 2.41B (-17.2%)
1.28B
est: 2.56B (-49.8%)
-349.01M
est: 896.15M (-138.9%)
2.40B
est: 2.74B (-12.7%)
2.10B
est: 1.38B (+51.6%)
1.44B
1.44B – 1.44B
+4.1% YoY
1.51B
1.51B – 1.51B
+4.5% YoY
1.58B
1.58B – 1.58B
+5.1% YoY
Net Income
600.88M
est: 174.85M (+243.6%)
1.07B
est: 589.56M (+82.2%)
1.08B
est: 877.34M (+22.9%)
1.41B
est: 1.19B (+18.1%)
1.76B
est: 1.88B (-6.5%)
2.03B
est: 1.95B (+4.3%)
2.20B
est: 2.26B (-2.5%)
2.15B
est: 2.26B (-5.2%)
2.19B
est: 2.30B (-4.8%)
2.48B
est: 2.48B (0.0%)
2.24B
est: 2.39B (-6.2%)
1.49B
est: 2.05B (-27.3%)
1.66B
est: 2.08B (-20.4%)
1.61B
est: 1.62B (-0.8%)
1.86B
est: 2.14B (-13.3%)
2.06B
est: 2.15B (-4.1%)
2.48B
est: 2.65B (-6.5%)
2.88B
2.88B – 2.88B
+8.8% YoY
3.15B
3.15B – 3.15B
+9.5% YoY
3.42B
3.42B – 3.42B
+8.4% YoY
SGA
—
est: 40.94M (-100.0%)
—
est: 2.24B (-100.0%)
261.17M
est: 1.26B (-79.3%)
129.50M
est: 2.13B (-93.9%)
141.95M
est: 2.91B (-95.1%)
147.70M
est: 3.02B (-95.1%)
131.49M
est: 3.18B (-95.9%)
138.49M
est: 3.10B (-95.5%)
135.09M
est: 3.42B (-96.0%)
146.43M
est: 4.42B (-96.7%)
150.30M
est: 3.75B (-96.0%)
139.23M
est: 3.50B (-96.0%)
86.77M
est: 3.54B (-97.6%)
101.18M
est: 3.76B (-97.3%)
101.41M
est: 67.83M (+49.5%)
91.38M
est: 4.04B (-97.7%)
97.02M
est: 104.76M (-7.4%)
109.05M
109.05M – 109.05M
+4.1% YoY
113.97M
113.97M – 113.97M
+4.5% YoY
119.75M
119.75M – 119.75M
+5.1% YoY
EPS
0.56
est: 0.80 (-30.1%)
0.89
est: 0.93 (-3.9%)
0.86
est: 0.89 (-3.4%)
1.16
est: 0.92 (+25.7%)
1.35
est: 1.36 (-0.8%)
1.49
est: 1.43 (+3.9%)
1.57
est: 1.51 (+3.8%)
1.53
est: 1.41 (+8.5%)
1.56
est: 1.71 (-8.6%)
1.77
est: 1.84 (-3.6%)
1.59
est: 1.59 (-0.1%)
1.06
est: 1.18 (-9.9%)
1.18
est: 1.46 (-19.3%)
1.14
est: 1.65 (-30.9%)
1.32
est: 1.53 (-13.5%)
1.47
est: 1.53 (-3.9%)
1.76
est: 1.88 (-6.6%)
2.05
2.05 – 2.05
+8.8% YoY
2.24
2.24 – 2.24
+9.5% YoY
2.43
2.43 – 2.43
+8.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-28 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-27 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-26 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-22 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-21 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-20 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-19 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-18 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-15 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-14 A- 4/5 4/5 3/5 3/5 3/5 4/5 4/5
2026-05-13 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-12 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-11 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-08 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-07 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-06 A- 4/5 4/5 2/5 3/5 3/5 4/5 4/5
2026-05-05 A- 4/5 4/5 2/5 4/5 3/5 4/5 4/5
2026-05-04 A- 4/5 4/5 2/5 4/5 3/5 4/5 4/5
2026-04-30 A 4/5 4/5 3/5 4/5 3/5 4/5 4/5
2026-04-29 A 4/5 4/5 3/5 4/5 3/5 4/5 4/5
2026-04-28 A 4/5 4/5 3/5 4/5 3/5 4/5 4/5
2026-04-27 A 4/5 4/5 3/5 4/5 3/5 4/5 4/5
2026-04-24 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-23 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-22 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-21 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-20 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-17 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-04-16 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
3.60B
OE per share TTM
2.56
Owner's Yield
20.26%
Maintenance CapEx ratio
100.70%
Maint CapEx / Avg PPE
35.4%

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 69 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.43% 1.84M 0.48%
2 WisdomTree International SmallCap Dividend Fund DLS 0.41% 4.26M 0.58%
3 Dimensional - International Small Cap Value ETF DISV 0.06% 3.00M 0.42%
4 iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L 0.05% 38.3K 0.74%
5 FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund TLTD 0.03% 217.4K 0.41%
6 Avantis International Small Cap Equity ETF AVDS 0.03% 98.3K 0.30%
7 Dimensional - International Small Cap ETF DFIS 0.02% 1.22M 0.39%
8 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ 0.02% 37.7K 0.83%
9 iShares MSCI EAFE Small-Cap ETF SCZ 0.02% 2.27M 0.40%
10 Avantis Global Small Cap Value UCITS ETF AVGS.L 0.02% 178.4K 0.39%

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
722.7K
Shares Outstanding
1.41B

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
Nicholas John Mayhew Deputy Chief Executive Officer & Executive Director 28M male
Shou-Yeh Wong Executive Chairman of the Board 22M male
Hon-Hing Wong Vice Chairman of the Board, MD & Chief Executive Officer 10M male
Pak-Ling Wang Executive Director 8M male
Tsu-Hing Wong Vice Chairman, CEO & MD of Dah Sing Bank, Limited 7M male
Tsung Yung Li Company Secretary — male
Wai-Kin Chan Executive Director & Alternate Chief Executive of Dah Sing Bank Limited — male
Chow Chi-Leung Chief Financial Officer — male
Yuen Lai Ma Executive Director & Alternate Chief Executive of Dah Sing Bank Limited — female
Ka-Yeung Chief Executive Officer & Director of Dah Sing Bank (China) Ltd — male
Lee Kook IR Officer — male
Mei-Chun Wong Executive Director & Deputy Chief Executive of Dah Sing Bank Limited — female
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

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

Related companies

Largest companies in Banks - Regional