Dah Sing Banking Group Limited logo

Dah Sing Banking Group Limited

2356.HK

HKSEFinancial ServicesBanks - Regional

Latest quote

HK$14.85

−HK$0.08 · -0.54%

Aug 24, 3:18 PM HKT

2356.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

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.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
HK
CEO
Hon-Hing Wong
Listed since
Jun 30, 2004
Employees
2,903

Market position

Day range

Current HK$14.85

52-week range

Current HK$14.85

Open
HK$14.92
Previous close
HK$14.93
Volume
783.6K
0.56× average
Average volume
1.41M
Average daily volume
Market cap
20.88B HKD
Beta
0.68
Market reference 1
50-day average
HK$13.2694
+11.91% above average
200-day average
HK$12.274
+20.99% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.9B HKD
EV / EBITDA
1.99×
Earnings yield
16.51%
Free cash flow yield
39.53%

Profitability & efficiency

Return on equity
7.03%
Return on assets
0.96%
Return on invested capital
0.91%

Financial health

Current ratio
47.82×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends139%94%50%6%Gross margin, FY2021: 62.29%Gross margin, FY2022: 70.35%Gross margin, FY2023: 127.52%Gross margin, FY2024: 100.00%Gross margin, FY2025: 67.93%Operating margin, FY2021: 29.23%Operating margin, FY2022: 31.35%Operating margin, FY2023: 43.49%Operating margin, FY2024: 51.00%Operating margin, FY2025: 24.96%Net margin, FY2021: 24.29%Net margin, FY2022: 16.77%Net margin, FY2023: 40.13%Net margin, FY2024: 30.22%Net margin, FY2025: 21.61%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 62.29%. Gross margin FY2022 70.35%. Gross margin FY2023 127.52%. Gross margin FY2024 100.00%. Gross margin FY2025 67.93%. Operating margin FY2021 29.23%. Operating margin FY2022 31.35%. Operating margin FY2023 43.49%. Operating margin FY2024 51.00%. Operating margin FY2025 24.96%. Net margin FY2021 24.29%. Net margin FY2022 16.77%. Net margin FY2023 40.13%. Net margin FY2024 30.22%. Net margin FY2025 21.61%.

Income trends

Revenue

11.46B HKD+68.07%

Operating income

2.86B HKD-17.75%

Net income

2.48B HKD+20.16%
Income trends across reported periods12.44B HKD8.5B HKD4.56B HKD623.95M HKDRevenue, FY2021: 6.82B HKDRevenue, FY2022: 9.59B HKDRevenue, FY2023: 4.64B HKDRevenue, FY2024: 6.82B HKDRevenue, FY2025: 11.46B HKDOperating income, FY2021: 1.99B HKDOperating income, FY2022: 3.01B HKDOperating income, FY2023: 2.02B HKDOperating income, FY2024: 3.48B HKDOperating income, FY2025: 2.86B HKDNet income, FY2021: 1.66B HKDNet income, FY2022: 1.61B HKDNet income, FY2023: 1.86B HKDNet income, FY2024: 2.06B HKDNet income, FY2025: 2.48B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.82B HKD. Revenue FY2022 9.59B HKD. Revenue FY2023 4.64B HKD. Revenue FY2024 6.82B HKD. Revenue FY2025 11.46B HKD. Operating income FY2021 1.99B HKD. Operating income FY2022 3.01B HKD. Operating income FY2023 2.02B HKD. Operating income FY2024 3.48B HKD. Operating income FY2025 2.86B HKD. Net income FY2021 1.66B HKD. Net income FY2022 1.61B HKD. Net income FY2023 1.86B HKD. Net income FY2024 2.06B HKD. Net income FY2025 2.48B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue11.46B HKD6.82B HKD4.64B HKD9.59B HKD6.82B HKD
Cost of goods sold6.28B HKD6.86B HKD−1.28B HKD2.58B HKD1.23B HKD
Gross profit7.78B HKD6.82B HKD5.91B HKD6.75B HKD4.25B HKD
Selling, general, and administrative97.02M HKD91.38M HKD101.41M HKD101.18M HKD86.77M HKD
Operating expenses4.92B HKD3.34B HKD2.85B HKD2.82B HKD3.41B HKD
Interest income10.38B HKD12.15B HKD11.49B HKD6.96B HKD5.17B HKD
Interest expense4.53B HKD6.86B HKD6.67B HKD2.58B HKD1.23B HKD
Depreciation and amortization371.28M HKD376.22M HKD349.01M HKD380.17M HKD394.53M HKD
Operating income2.86B HKD3.48B HKD2.02B HKD3.01B HKD1.99B HKD
Net income2.48B HKD2.06B HKD1.86B HKD1.61B HKD1.66B HKD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-1.31%
11 comparable reports
Latest EPS result
0.64
Estimate 0.65 · Miss by 1.54%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.180.890.60.31Q3 '22BeatQ1 '23MissQ3 '23BeatQ1 '24MissQ3 '24BeatQ1 '25MissQ3 '25BeatQ1 '26Miss
Q3 2022, reported Aug 24, 2022: actual 0.78, estimate 0.61, surprise +27.87%, Beat. Q1 2023, reported Mar 31, 2023: actual 0.36, estimate 0.51, surprise -29.41%, Miss. Q3 2023, reported Aug 23, 2023: actual 0.79, estimate 0.75, surprise +5.33%, Beat. Q1 2024, reported Mar 28, 2024: actual 0.48, estimate 0.5, surprise -4.00%, Miss. Q3 2024, reported Aug 30, 2024: actual 0.99, estimate 0.85, surprise +16.47%, Beat. Q1 2025, reported Mar 31, 2025: actual 0.44, estimate 0.46, surprise -4.35%, Miss. Q3 2025, reported Aug 20, 2025: actual 1.12, estimate 1.01, surprise +10.89%, Beat. Q1 2026, reported Mar 30, 2026: actual 0.64, estimate 0.65, surprise -1.54%, Miss.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates6.03B4.69B3.34B1.99BQ1 '23MissQ3 '23MissQ1 '24BeatQ3 '24MissQ1 '25BeatQ3 '25BeatQ1 '26BeatQ3 '26Estimate
Q1 2023, reported Mar 31, 2023: actual 4.2B HKD, estimate 5.75B HKD, surprise -27.01%, Miss. Q3 2023, reported Aug 23, 2023: actual 2.27B HKD, estimate 3B HKD, surprise -24.30%, Miss. Q1 2024, reported Mar 28, 2024: actual 3.22B HKD, estimate 2.72B HKD, surprise +18.73%, Beat. Q3 2024, reported Aug 30, 2024: actual 2.54B HKD, estimate 3.18B HKD, surprise -20.14%, Miss. Q1 2025, reported Mar 31, 2025: actual 3.65B HKD, estimate 3.25B HKD, surprise +12.37%, Beat. Q3 2025, reported Aug 20, 2025: actual 3.8B HKD, estimate 3.6B HKD, surprise +5.51%, Beat. Q1 2026, reported Mar 30, 2026: actual 5.04B HKD, estimate 3.66B HKD, surprise +37.66%, Beat. Q3 2026, reported Aug 28, 2026: actual —, estimate 5.66B HKD, surprise —, Comparison unavailable.

2356.HK peers

ETFs holding 2356.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 2356.HK

research.disclaimer