Dah Sing Banking Group (SEHK:2356) - Stock Price, News & Analysis

2356 Stock Overview

An investment holding company, provides banking, financial, and other related services in Hong Kong, Macau, and the People’s Republic of China.

About the company

2356 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	4/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 46.2% below our estimate of its fair value

Earnings are forecast to grow 5.57% per year

Earnings grew by 32.3% over the past year

Risk Analysis

Unstable dividend track record

Dah Sing Banking Group Limited Competitors

Dah Sing Financial Holdings

SEHK:440

HK$7.4b

China Bohai Bank

SEHK:9668

HK$18.7b

Jilin Jiutai Rural Commercial Bank

SEHK:6122

HK$4.9b

Bank of East Asia

SEHK:23

HK$26.0b

Price History & Performance

Summary of all time highs, changes and price drops for Dah Sing Banking Group
Historical stock prices
Current Share Price	HK$6.78
52 Week High	HK$7.25
52 Week Low	HK$4.65
Beta	0.98
11 Month Change	12.07%
3 Month Change	-1.45%
1 Year Change	23.95%
33 Year Change	-10.67%
5 Year Change	-39.79%
Change since IPO	-47.03%

Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Apr 28

Recent updates

Dah Sing Banking Group's (HKG:2356) Upcoming Dividend Will Be Larger Than Last Year's

Aug 27

Is Dah Sing Banking Group Limited (HKG:2356) An Attractive Dividend Stock?

Feb 28

How Much Did Dah Sing Banking Group's(HKG:2356) Shareholders Earn From Share Price Movements Over The Last Three Years?

Jan 24

What Type Of Shareholders Own The Most Number of Dah Sing Banking Group Limited (HKG:2356) Shares?

Dec 20

Should You Or Shouldn't You: A Dividend Analysis on Dah Sing Banking Group Limited (HKG:2356)

Nov 22

Shareholder Returns

	2356	HK Banks	HK Market
7D	8.7%	-3.6%	1.1%
1Y	23.9%	22.5%	2.7%

Return vs Industry: 2356 exceeded the Hong Kong Banks industry which returned 22.5% over the past year.

Return vs Market: 2356 exceeded the Hong Kong Market which returned 2.7% over the past year.

Price Volatility

Is 2356's price volatile compared to industry and market?
2356 volatility
2356 Average Weekly Movement	4.9%
Banks Industry Average Movement	3.6%
Market Average Movement	6.3%
10% most volatile stocks in HK Market	13.1%
10% least volatile stocks in HK Market	3.3%

Stable Share Price: 2356 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2356's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	2,903	Derek Wong	www.dahsing.com

Dah Sing Banking Group Limited, an investment holding company, provides banking, financial, and other related services in Hong Kong, Macau, and the People’s Republic of China. The company operates through Personal Banking, Corporate Banking, Treasury and Global Markets, Mainland China and Macau Banking, and Others segments. It accepts deposits from individual customers; and provides residential mortgage lending, personal loans, overdrafts, vehicle financing, and credit card services, as well as insurance and investment services.

Dah Sing Banking Group Limited Fundamentals Summary

How do Dah Sing Banking Group's earnings and revenue compare to its market cap?
2356 fundamental statistics
Market cap	HK$9.53b
Earnings (TTM)	HK$2.14b
Revenue (TTM)	HK$5.06b

4.4x

P/E Ratio

0.3x

P/B Ratio

Is 2356 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2356 income statement (TTM)
Revenue	HK$5.06b
Cost of Revenue	HK$0
Gross Profit	HK$5.06b
Other Expenses	HK$2.92b
Earnings	HK$2.14b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.53
Gross Margin	100.00%
Net Profit Margin	42.37%
Debt/Equity Ratio	15.7%

How did 2356 perform over the long term?

See historical performance and comparison

Dividends

8.8%

Current Dividend Yield

50%

Payout Ratio

Does 2356 pay a reliable dividends?

See 2356 dividend history and benchmarks

When do you need to buy 2356 by to receive an upcoming dividend?
Dah Sing Banking Group dividend dates
Ex Dividend Date	Sep 11 2024
Dividend Pay Date	Sep 26 2024
Days until Ex dividend	8 days
Days until Dividend pay date	23 days

Does 2356 pay a reliable dividends?

See 2356 dividend history and benchmarks

2356 Stock Overview

Rewards

Risk Analysis

Dah Sing Banking Group Limited Competitors

SEHK:440

HK$7.4b

SEHK:9668

HK$18.7b

SEHK:6122

HK$4.9b

SEHK:23

HK$26.0b

Price History & Performance

Recent News & Updates

First half 2024 earnings released: EPS: HK$0.99 (vs HK$0.79 in 1H 2023)

First half dividend increased to HK$0.27

Dah Sing Banking Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on September 26, 2024

Dah Sing Banking Group Limited to Report First Half, 2024 Results on Aug 30, 2024

Upcoming dividend of HK$0.49 per share

Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Recent updates

First half 2024 earnings released: EPS: HK$0.99 (vs HK$0.79 in 1H 2023)

First half dividend increased to HK$0.27

Dah Sing Banking Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on September 26, 2024

Dah Sing Banking Group Limited to Report First Half, 2024 Results on Aug 30, 2024

Upcoming dividend of HK$0.49 per share

Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Consensus EPS estimates increase by 11%

Dah Sing Banking Group (HKG:2356) Is Increasing Its Dividend To HK$0.49

Dah Sing Banking Group Limited, Annual General Meeting, May 31, 2024

Price target increased by 11% to HK$7.75

Dah Sing Banking Group Limited Proposes Final Ordinary Dividend for the Year Ended 31 December 2023, Payable on 20 June 2024

Dah Sing Banking Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Dah Sing Banking Group Limited Announces Board Changes, Effective 2 January 2024

Price target decreased by 12% to HK$7.20

Upcoming dividend of HK$0.11 per share at 7.4% yield

Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.11

First half 2023 earnings released: EPS: HK$0.79 (vs HK$0.78 in 1H 2022)

Dah Sing Banking Group Limited Declares Interim Dividend for the Financial Year End 31 December 2023, Payable on September 21, 2023

Dah Sing Banking Group Limited to Report First Half, 2023 Results on Aug 23, 2023

Upcoming dividend of HK$0.29 per share at 6.8% yield

Consensus EPS estimates fall by 18%, revenue upgraded

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Deputy CEO & Executive Director recently bought HK$595k worth of stock

Upcoming dividend of HK$0.10 per share

Deputy CEO & Executive Director recently bought HK$1.4m worth of stock

Dah Sing Banking Group (HKG:2356) Will Pay A Dividend Of HK$0.10

Dah Sing Banking Group Limited Declares Interim Dividend for 2022 Payable on September 21, 2022

First half 2022 earnings released: EPS: HK$0.78 (vs HK$0.79 in 1H 2021)

Dah Sing Banking Group Limited to Report First Half, 2022 Results on Aug 24, 2022

Consensus forecasts updated

Upcoming dividend of HK$0.24 per share

Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.24

Full year 2021 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 11%

Dah Sing Banking Group's (HKG:2356) Dividend Will Be Increased To HK$0.24

Dah Sing Banking Group Limited, Annual General Meeting, May 27, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Dah Sing Banking Group Limited Proposes Final Dividend, Payable on 16 June 2022

Dah Sing Banking Group's (HKG:2356) Upcoming Dividend Will Be Larger Than Last Year's

First half 2021 earnings released: EPS HK$0.79 (vs HK$0.67 in 1H 2020)

Investor sentiment improved over the past week

Upcoming dividend of HK$0.22 per share

Full year 2020 earnings released: EPS HK$1.06 (vs HK$1.59 in FY 2019)

Price target increased to HK$9.71

Full year 2020 earnings released: EPS HK$1.06 (vs HK$1.59 in FY 2019)

Dah Sing Banking Group Limited to Report Fiscal Year 2020 Results on Mar 24, 2021

Dah Sing Banking Group Limited Announces Demise of Yuen-Tin Ng, an Independent Non-Executive Director and a Member of the Audit Committee

Independent Non-Executive Director has left the company

Is Dah Sing Banking Group Limited (HKG:2356) An Attractive Dividend Stock?

New 90-day high: HK$8.52

How Much Did Dah Sing Banking Group's(HKG:2356) Shareholders Earn From Share Price Movements Over The Last Three Years?

What Type Of Shareholders Own The Most Number of Dah Sing Banking Group Limited (HKG:2356) Shares?

Should You Or Shouldn't You: A Dividend Analysis on Dah Sing Banking Group Limited (HKG:2356)

New 90-day high: HK$7.63

First half earnings released

New 90-day low: HK$6.93

Upcoming Dividend of HK$0.08 Per Share

Analysts lower EPS estimates to HK$1.03