The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services.
Bank of East Asia Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$12.76|
|52 Week High||HK$12.04|
|52 Week Low||HK$19.50|
|1 Month Change||0.63%|
|3 Month Change||-5.20%|
|1 Year Change||-11.63%|
|3 Year Change||-50.64%|
|5 Year Change||-59.62%|
|Change since IPO||21.27%|
Recent News & Updates
Bank of East Asia (HKG:23) Has Announced That It Will Be Increasing Its Dividend To HK$0.35
The board of The Bank of East Asia, Limited ( HKG:23 ) has announced that it will be increasing its dividend by 119% on...
|23||HK Banks||HK Market|
Return vs Industry: 23 underperformed the Hong Kong Banks industry which returned 3.8% over the past year.
Return vs Market: 23 underperformed the Hong Kong Market which returned 5.3% over the past year.
Stable Share Price: 23 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 23's weekly volatility (4%) has been stable over the past year.
About the Company
|1918||9,215||Adrian David Li||https://www.hkbea.com|
The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and fixed and call deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services. The company also provides corporate banking services, such as SME loans and financing guarantee schemes; corporate and commercial financing products, including syndicated and construction loans, acquisition and structured financing, working capital financing, share financing and IPO-related loans, and commercial mortgages; trade finance services and expert trade solutions; factoring services; import trade finance; guarantee services; eTradeConnect that allows buyers and sellers to connect, transact, share information, and submit applications for financing through a single platform; cash management services; corporate wealth management products; foreign exchange and treasury products; trade settlement and financing services; onshore and offshore loans; and marine cargo, property, trade credit, employee compensation, pet, medical, life, savings, and endowment insurance plans.
Bank of East Asia Fundamentals Summary
|23 fundamental statistics|
Is 23 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|23 income statement (TTM)|
|Cost of Revenue||HK$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.35|
|Net Profit Margin||27.72%|
How did 23 perform over the long term?See historical performance and comparison
4.6%Current Dividend Yield
Is Bank of East Asia undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 23 (HK$12.76) is trading below our estimate of fair value (HK$18.56)
Significantly Below Fair Value: 23 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 23 is poor value based on its PE Ratio (9.4x) compared to the Hong Kong Banks industry average (5.7x).
PE vs Market: 23 is good value based on its PE Ratio (9.4x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: 23 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 23's PB Ratio (0.3x) is in line with the HK Banks industry average.
How is Bank of East Asia forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 23's forecast earnings growth (16.8% per year) is above the savings rate (1.5%).
Earnings vs Market: 23's earnings (16.8% per year) are forecast to grow slower than the Hong Kong market (17.4% per year).
High Growth Earnings: 23's earnings are forecast to grow, but not significantly.
Revenue vs Market: 23's revenue (8.3% per year) is forecast to grow slower than the Hong Kong market (12.5% per year).
High Growth Revenue: 23's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 23's Return on Equity is forecast to be low in 3 years time (4.7%).
How has Bank of East Asia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 23 has high quality earnings.
Growing Profit Margin: 23's current net profit margins (27.7%) are higher than last year (23.4%).
Past Earnings Growth Analysis
Earnings Trend: 23's earnings have declined by 3.5% per year over the past 5 years.
Accelerating Growth: 23's earnings growth over the past year (28.7%) exceeds its 5-year average (-3.5% per year).
Earnings vs Industry: 23 earnings growth over the past year (28.7%) exceeded the Banks industry 6.4%.
Return on Equity
High ROE: 23's Return on Equity (4.2%) is considered low.
How is Bank of East Asia's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: 23's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: 23 has a low allowance for bad loans (66%).
Low Risk Liabilities: 88% of 23's liabilities are made up of primarily low risk sources of funding.
Loan Level: 23 has an appropriate level of Loans to Assets ratio (60%).
Low Risk Deposits: 23's Loans to Deposits ratio (78%) is appropriate.
Level of Bad Loans: 23 has an appropriate level of bad loans (1.2%).
What is Bank of East Asia current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 23's dividend (4.62%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 23's dividend (4.62%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.78%).
Stability and Growth of Payments
Stable Dividend: 23's dividend payments have been volatile in the past 10 years.
Growing Dividend: 23's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.5%), 23's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 23's dividends in 3 years are forecast to be well covered by earnings (43.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Adrian David Li (47 yo)
Mr. Man-kiu Li, also known as Adrian David, BA (Cantab), Hon. MA (Cantab), MBA, LPC, JP, has been Co-Chief Executive of Bank of East Asia, Ltd since July 01, 2019 and has been its Executive Director since...
CEO Compensation Analysis
Compensation vs Market: Adrian David's total compensation ($USD2.04M) is above average for companies of similar size in the Hong Kong market ($USD689.07K).
Compensation vs Earnings: Adrian David's compensation has increased by more than 20% in the past year.
Experienced Management: 23's management team is considered experienced (2.3 years average tenure).
Experienced Board: 23's board of directors are considered experienced (9.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Bank of East Asia, Limited's employee growth, exchange listings and data sources
- Name: The Bank of East Asia, Limited
- Ticker: 23
- Exchange: SEHK
- Founded: 1918
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: HK$37.293b
- Shares outstanding: 2.92b
- Website: https://www.hkbea.com
Number of Employees
- The Bank of East Asia, Limited
- 10 Des Voeux Road
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 10:06|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.