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2356.HK
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HKEX
Banks
Dah Sing Banking Group Ltd
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Div yield
6,03 %
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About
Dah Sing Banking Group Ltd provides banking and investment services, operating primarily in the financial sector.
Business. Dah Sing Banking Group Ltd (2356.HK) is a bank headquartered in Hong Kong that operates within the Banking & Investment Services industry. The company generates revenue primarily through interest income, consistent with standard banking operations. It is listed on the Hong Kong Stock Exchange (HKEX). Specific details regarding operating segments and geographic revenue mix are not provided.
Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryBanks
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target—
Analyst recommendations
1 analysts · consensus BuyBuy1
Hold0
Sell0
12-month price target
—
Consensus of sell-side coverage.
At a glance
Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
1 analysts · indicative
Ownership
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not yet wired
Profitability
—
not yet wired
Quality
—
not yet scored
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
0Sector rotation
Sector1D1Mvs mkt
Materials+2,3 %+6,6 %+1,7 %
Communication Services+2,2 %−5,5 %+1,6 %
Energy+0,6 %+3,3 %+0,0 %
Health Care+0,6 %−0,8 %+0,0 %
Information Technology+0,6 %+6,7 %+0,0 %
Consumer Discretionary+0,4 %+7,6 %−0,2 %
Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
Consumer Staples−0,4 %+2,5 %−1,0 %
Real Estate−0,7 %+10,9 %−1,3 %
Industrials−1,9 %−3,1 %−2,5 %
Utilities−1,9 %+28,2 %−2,5 %
Developing storylines
No tracked sagas currently linked to 2356.HK. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-08-04
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Peers
- DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · —
Composite-score breakdown
Synthesis
Business
Dah Sing Banking Group Ltd (2356.HK) is a bank headquartered in Hong Kong that operates within the Banking & Investment Services industry. The company generates revenue primarily through interest income, consistent with standard banking operations. It is listed on the Hong Kong Stock Exchange (HKEX). Specific details regarding operating segments and geographic revenue mix are not provided.
Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryBanks
AI synthesis
GENERATED— missing data
Key takeaways
- Dah Sing Banking Group Ltd has no dilution from stock options or convertible securities, as basic and diluted shares are equal.
- The company's liquidity risk could not be assessed due to missing balance-sheet inputs and no going-concern language in source documents.
- The most recent actual EPS of 2.10 HKD exceeded the mean estimate of 2.05 HKD, indicating a positive earnings surprise.
- No detailed segment or geographic exposure data is available, limiting the ability to assess revenue concentration.
Bull / Bear case
Generated · model-assistedBULL CASE · 5
Net income surged 20.2% year-over-year to HKD 2.48 billion in FY2026, demonstrating strong profitability growth.
Revenue grew 10.2% year-over-year to HKD 5.83 billion in FY2026, indicating consistent top-line expansion.
Free cash flow increased 43.6% year-over-year to HKD 1.46 billion in FY2026, highlighting robust cash generation.
The company achieved a 10.6% net income CAGR over four years, reflecting sustained long-term earnings growth.
Equity grew 5.1% year-over-year to HKD 35.54 billion in FY2026, supporting capital base expansion.
BEAR CASE · 2
Long-term debt rose significantly to HKD 6.40 billion in FY2024, increasing leverage before subsequent reduction.
Total assets growth slowed to just 0.6% year-over-year in FY2026, suggesting limited balance sheet expansion.
In focus — financials by report
Annual
ANNUALFiled 2026-03-30
FY 2026 · Full-year highlights
Revenue HK$5.83B, +10,2% YoY; Net income +20,2% YoY.
RevenueHK$5.83B+10,2 % YoY
Operating income—
Net incomeHK$2.48B+20,2 % YoY
Free cash flowHK$1.46B+43,6 % YoY
EPS—
Operating cash flowHK$2.23B+200,0 % YoY
Financials
Income statement
RevenueHK$5.83B
Gross profit—
Operating income—
Net incomeHK$2.48B
Margins
Gross margin—
Operating margin—
Net margin42.5%
FCF margin25.0%
Balance sheet
Total assetsHK$257.91B
Total liabilitiesHK$222.37B
Total equityHK$35.54B
Cash & equivalents—
Long-term debtHK$4.63B
Cash flow
Operating cash flowHK$2.23B
CapEx-HK$404.9M
Free cash flowHK$1.46B
SBC—
Highlights
- ▍Revenue HK$5.83B, +10,2% YoY
- ▍Net income +20,2% YoY
- ▍Free cash flow +43,6% YoY
- ▍Net margin 42.5%
ANNUALFiled 2025-03-31
FY 2025 · Full-year highlights
Revenue HK$5.29B, +9,8% YoY; Net income +10,8% YoY.
RevenueHK$5.29B+9,8 % YoY
Operating income—
Net incomeHK$2.06B+10,8 % YoY
Free cash flowHK$1.02B−26,0 % YoY
EPS—
Operating cash flow-HK$2.23B−95,1 % YoY
Financials
Income statement
RevenueHK$5.29B
Gross profit—
Operating income—
Net incomeHK$2.06B
Margins
Gross margin—
Operating margin—
Net margin39.0%
FCF margin19.2%
Balance sheet
Total assetsHK$256.34B
Total liabilitiesHK$222.52B
Total equityHK$33.82B
Cash & equivalents—
Long-term debtHK$4.52B
Cash flow
Operating cash flow-HK$2.23B
CapEx-HK$352.7M
Free cash flowHK$1.02B
SBC—
Highlights
- ▍Revenue HK$5.29B, +9,8% YoY
- ▍Net income +10,8% YoY
- ▍Free cash flow −26,0% YoY
- ▍Net margin 39.0%
ANNUALFiled 2024-03-28
FY 2024 · Full-year highlights
Revenue HK$4.82B, +9,9% YoY; Net income +15,6% YoY.
RevenueHK$4.82B+9,9 % YoY
Operating income—
Net incomeHK$1.86B+15,6 % YoY
Free cash flowHK$1.37B+10,3 % YoY
EPS—
Operating cash flow-HK$1.14B−123,1 % YoY
Financials
Income statement
RevenueHK$4.82B
Gross profit—
Operating income—
Net incomeHK$1.86B
Margins
Gross margin—
Operating margin—
Net margin38.6%
FCF margin28.5%
Balance sheet
Total assetsHK$260.74B
Total liabilitiesHK$227.85B
Total equityHK$32.89B
Cash & equivalents—
Long-term debtHK$6.40B
Cash flow
Operating cash flow-HK$1.14B
CapEx-HK$275.1M
Free cash flowHK$1.37B
SBC—
Highlights
- ▍Revenue HK$4.82B, +9,9% YoY
- ▍Net income +15,6% YoY
- ▍Free cash flow +10,3% YoY
- ▍Net margin 38.6%
ANNUALFiled 2023-03-31
FY 2023 · Full-year highlights
Revenue HK$4.38B, +11,1% YoY; Net income −2,9% YoY.
RevenueHK$4.38B+11,1 % YoY
Operating income—
Net incomeHK$1.61B−2,9 % YoY
Free cash flowHK$1.24B−4,4 % YoY
EPS—
Operating cash flowHK$4.96B+340,4 % YoY
Financials
Income statement
RevenueHK$4.38B
Gross profit—
Operating income—
Net incomeHK$1.61B
Margins
Gross margin—
Operating margin—
Net margin36.7%
FCF margin28.4%
Balance sheet
Total assetsHK$252.09B
Total liabilitiesHK$221.86B
Total equityHK$30.23B
Cash & equivalents—
Long-term debtHK$4.34B
Cash flow
Operating cash flowHK$4.96B
CapEx-HK$267.3M
Free cash flowHK$1.24B
SBC—
Highlights
- ▍Revenue HK$4.38B, +11,1% YoY
- ▍Net income −2,9% YoY
- ▍Free cash flow −4,4% YoY
- ▍Net margin 36.7%
ANNUALFiled 2022-03-31
FY 2022 · Full-year highlights
Revenue HK$3.94B; Net margin 42.0%.
RevenueHK$3.94B
Operating income—
Net incomeHK$1.66B
Free cash flowHK$1.30B
EPS—
Operating cash flow-HK$2.06B
Financials
Income statement
RevenueHK$3.94B
Gross profit—
Operating income—
Net incomeHK$1.66B
Margins
Gross margin—
Operating margin—
Net margin42.0%
FCF margin33.0%
Balance sheet
Total assetsHK$248.98B
Total liabilitiesHK$218.17B
Total equityHK$30.81B
Cash & equivalents—
Long-term debtHK$4.74B
Cash flow
Operating cash flow-HK$2.06B
CapEx-HK$301.7M
Free cash flowHK$1.30B
SBC—
Highlights
- ▍Revenue HK$3.94B
- ▍Net margin 42.0%
Valuation FY
Market price
HK$13,32
Market cap
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Enterprise valueⓘ
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P/Eⓘ
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Non-GAAP P/Eⓘ
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EV / Revenueⓘ
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EV / Op incomeⓘ
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EV / OCFⓘ
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P / Bⓘ
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P / Tangible bookⓘ
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Tangible book
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Net cashⓘ
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Current ratioⓘ
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Debt / equityⓘ
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ROAⓘ
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ROEⓘ
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Cash conversionⓘ
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CapEx / revenueⓘ
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SBC / revenueⓘ
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Dilution ratioⓘ
0.0%
Revenue by segment
Business relationships
— missing data
Supply chain
— missing data
Peer comparison
— missing data
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 45 %
EPS
Consensus EPS
2,05
Predicted surprise
+0,00
Beat probability
45 %
Analysts
1
Other metrics
Revenue
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no estimate
Segment revenue
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no estimate
Margin
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no estimate
Segment margin
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no estimate
as of 2026-05-19 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 2,05 |
| Revenue | —no estimate | —no estimate | 8,1B HKD |
| Operating income | —no estimate | —no estimate | 3,4B HKD |
Full-year consensus mean (period as reported by source) · consensus in HKD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Probabilistic model output — not investment advice. · generated 2026-08-04
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution1 analysts
Strong buy0
Buy1
Hold0
Sell0
Strong sell0
Operating income · consensus3,4B HKD
EPS surprise
+2,4 %
reported vs consensus · beat
Revenue surprise
−2,7 %
reported vs consensus · miss
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
— missing data
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskUnknown
Benchmarks vs cohort
No cohort benchmark data available for this issuer yet.
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
— missing data
Physical assets
1 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Guizhou Jinsha Mukong Coal Mine | Coal mine | Coal | China | Parent |
Tracked physical assets associated with this issuer (operated, managed, or owned).
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
How metrics are computed
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Source documents
- Dah Sing Banking Group Ltd Market data — financials · 2026-05-26
- Dah Sing Banking Group Ltd Market data — analyst estimates · 2026-05-26
- Dah Sing Banking Group Ltd Market data — ESG · 2026-05-26
Ownership & reference
Leadership
- David WongExecutive Chairman of the Board
Insider activity
— missing data
Short positioning
— missing data
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
2356.HKCanonical
HKEX · HKD
Intel & risk
peak dispatch · —
OSINT findings
Dilution riskLow
Liquidity riskUnknown
Relationship graph
This companyPeerSector
Evidence & claims
From filings & derived data— missing data
The Thread
Everything we know, in order2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
2026-03-30 09:30 UTCEARNINGSAnnual results — FY 2026 Revenue HKD 5.83B · Net HKD 2.48B
2025-03-31 09:34 UTCEARNINGSAnnual results — FY 2025 Revenue HKD 5.29B · Net HKD 2.06B
2024-03-28 10:33 UTCEARNINGSAnnual results — FY 2024 Revenue HKD 4.82B · Net HKD 1.86B
2023-03-31 14:00 UTCEARNINGSAnnual results — FY 2023 Revenue HKD 4.38B · Net HKD 1.61B
2022-03-31 16:05 UTCEARNINGSAnnual results — FY 2022 Revenue HKD 3.94B · Net HKD 1.66B
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data
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