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INDICATIVE · SAMPLE DATA
235660

Dah Sing Banking Group Ltd

BanksVerified

Dah Sing Banking Group Ltd maintains a liquidity position with a debt-to-equity ratio of 0.13, indicating a relatively low leverage profile. The company's free cash flow of 1.46 billion HKD and operating cash flow of 2.23 billion HKD suggest strong cash generation capabilities. However, the risk assessment highlights a medium liquidity risk, with a note that net cash is negative after subtracting total debt. The company's profitability is reflected in a return on equity of 6.97% and a return on assets of 0.96%. These figures are below the typical performance metrics for banks, which often emphasize higher ROE and ROA to reflect efficient capital utilization and asset management. Dah Sing Banking Group Ltd's revenue is not segmented by geographic region or business line in the provided data, making it difficult to assess revenue concentration or diversification. The company operates in a single economic sector, Financials, and its business is centered on banking and investment services. The company's growth trajectory is not explicitly outlined in the data, but its current revenue of 5.83 billion HKD and net income of 2.48 billion HKD suggest a stable financial position. Analysts have provided a mean recommendation of 2.00, indicating a neutral stance with one "buy" rating and no "strong buy" or "sell" ratings. The risk assessment indicates a low dilution risk, with no immediate pressure for share issuance. The company's liquidity risk is rated as medium, primarily due to the negative net cash position after accounting for total debt. No specific dilution sources are identified in the data. Recent financial filings and transcripts are not detailed in the provided data, so no specific recent events can be cited. The company's financial performance and risk profile are based on the latest available data from verified market sources.

30-day price · 2356+0.55 (+4.3%)
Low$12.32High$13.53Close$13.27As of21 May, 00:00 UTC
Profile
CompanyDah Sing Banking Group Ltd
Ticker2356.HK
SectorFinancials
BusinessBanking & Investment Services
Industry groupBanking & Investment Services
IndustryBanks
AI analysis

Business. Dah Sing Banking Group Ltd provides banking and investment services, generating revenue primarily through net interest income and fee-based services.

Classification. Dah Sing Banking Group Ltd is classified under the Financials economic sector, Banking & Investment Services business sector, and Banks industry with a confidence level of 0.92.

Dah Sing Banking Group Ltd maintains a liquidity position with a debt-to-equity ratio of 0.13, indicating a relatively low leverage profile. The company's free cash flow of 1.46 billion HKD and operating cash flow of 2.23 billion HKD suggest strong cash generation capabilities. However, the risk assessment highlights a medium liquidity risk, with a note that net cash is negative after subtracting total debt. The company's profitability is reflected in a return on equity of 6.97% and a return on assets of 0.96%. These figures are below the typical performance metrics for banks, which often emphasize higher ROE and ROA to reflect efficient capital utilization and asset management. Dah Sing Banking Group Ltd's revenue is not segmented by geographic region or business line in the provided data, making it difficult to assess revenue concentration or diversification. The company operates in a single economic sector, Financials, and its business is centered on banking and investment services. The company's growth trajectory is not explicitly outlined in the data, but its current revenue of 5.83 billion HKD and net income of 2.48 billion HKD suggest a stable financial position. Analysts have provided a mean recommendation of 2.00, indicating a neutral stance with one "buy" rating and no "strong buy" or "sell" ratings. The risk assessment indicates a low dilution risk, with no immediate pressure for share issuance. The company's liquidity risk is rated as medium, primarily due to the negative net cash position after accounting for total debt. No specific dilution sources are identified in the data. Recent financial filings and transcripts are not detailed in the provided data, so no specific recent events can be cited. The company's financial performance and risk profile are based on the latest available data from verified market sources.
Key takeaways
  • Dah Sing Banking Group Ltd has a low debt-to-equity ratio of 0.13, indicating a conservative capital structure.
  • The company's return on equity of 6.97% is moderate but below the typical performance metrics for banks.
  • Analysts have provided a neutral recommendation with one "buy" rating and no "strong buy" or "sell" ratings.
  • The company's liquidity risk is rated as medium, primarily due to a negative net cash position after accounting for total debt.
  • No specific dilution sources are identified, and the dilution risk is rated as low.
  • --
  • # RATIONALES
  • ```json
Financial snapshot
PeriodHA-latest
CurrencyHKD
Revenue$5.83B
Gross profit
Operating income
Net income$2.48B
R&D
SG&A
D&A
SBC
Operating cash flow$2.23B
CapEx-$404.9M
Free cash flow$1.46B
Total assets$257.91B
Total liabilities$222.37B
Total equity$35.54B
Cash & equivalents
Long-term debt$4.63B
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0$5.83B$2.48B$1.46B
FY-1$5.29B$2.06B$1.02B
FY-2$4.82B$1.86B$1.37B
FY-3$4.38B$1.61B$1.24B
FY-4$3.94B$1.66B$1.30B
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0$257.91B$35.54B
FY-1$256.34B$33.82B
FY-2$260.74B$32.89B
FY-3$252.09B$30.23B
FY-4$248.98B$30.81B
PeriodOCFCapExFCFSBC
FY0$2.23B-$404.9M$1.46B
FY-1-$2.23B-$352.7M$1.02B
FY-2-$1.14B-$275.1M$1.37B
FY-3$4.96B-$267.3M$1.24B
FY-4-$2.06B-$301.7M$1.30B
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodOCFCapExFCFSBC
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
Valuation
Market price
Market cap
Enterprise value
P/E
Reported non-GAAP P/E
EV/Revenue
EV/Op income
EV/OCF
P/B
P/Tangible book
Tangible book$35.54B
Net cash-$4.63B
Current ratio
Debt/Equity0.1
ROA1.0%
ROE7.0%
Cash conversion90.0%
CapEx/Revenue-7.0%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskMedium
  • Net cash is negative after subtracting total debt.
Industry benchmarks
Activity: Banks · cohort 7 companies
Metric2356Activity
Op margin560.2% medp25 560.2% · p75 560.2%
Net margin42.5%459.2% medp25 422.9% · p75 495.5%bottom quartile
Gross margin62.8% medp25 28.5% · p75 92.6%
CapEx / revenue-7.0%2.6% medp25 1.0% · p75 12.1%bottom quartile
Debt / equity13.0%16.8% medp25 13.7% · p75 33.1%bottom quartile
Observations
IR observations
Mean recommendation2.00 (1=strong buy, 5=strong sell)
Strong-buy count0.00
Buy count1.00
Hold count0.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate2.05 HKD
Last actual EPS2.10 HKD
Mean revenue estimate8,137,000,000 HKD
Last actual revenue7,915,181,000 HKD
Mean EBIT estimate3,427,000,000 HKD
market data ESG Score42.30 (0-100, higher is better)
Competitor context
JPMJPMorgan ChaseUSPeer
Derived from classification anchor Banks.
Banks, Banking & Investment Services, Financials
BACBank of AmericaUSPeer
Derived from classification anchor Banks.
Banks, Banking & Investment Services, Financials
CCitigroupUSPeer
Derived from classification anchor Banks.
Banks, Banking & Investment Services, Financials
Source: analysis-pipeline (hybrid)Generated: 2026-05-19 00:49 UTCJob: 4b7ce3d2