Financials Dah Sing Financial Holdings Limited BOERSE MUENCHEN

Equities

Real-time BOERSE MUENCHEN Other stock markets 01:44:17 27/06/2024 pm IST			5-day change	1st Jan Change
2.68 ^EUR	0.00%		+0.75%	+49.72%

31/05	Dah Sing Financial Holdings Limited Announces Change of Directors	CI
01/04	Dah Sing Financial Logs 30% Rise in 2023 Profit	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	9,811	6,983	7,542	5,778	5,113	6,999	-	-
Enterprise Value (EV) ¹	9,811	6,983	7,542	5,778	5,113	6,999	6,999	6,999
P/E ratio	5.81 x	6.04 x	5.77 x	5.27 x	3.89 x	4.23 x	3.93 x	3.84 x
Yield	4.79%	4.3%	4.49%	6.31%	12.5%	10.3%	10.6%	10.9%
Capitalization / Revenue	1.75 x	1.18 x	1.25 x	0.79 x	0.82 x	1.06 x	1.03 x	0.99 x
EV / Revenue	1.75 x	1.18 x	1.25 x	0.79 x	0.82 x	1.06 x	1.03 x	0.99 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	0.37 x	0.25 x	0.25 x	0.2 x	0.16 x	0.21 x	0.2 x	0.19 x
Nbr of stocks (in thousands)	3,19,575	3,19,575	3,19,575	3,19,575	3,19,575	3,19,575	-	-
Reference price ²	30.70	21.85	23.60	18.08	16.00	21.90	21.90	21.90
Announcement Date	25/03/20	24/03/21	31/03/22	31/03/23	28/03/24	-	-	-

¹HKD in Million²HKD

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	5,604	5,923	6,014	7,315	6,243	6,612	6,818	7,062
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	2,621	2,551	2,471	3,830	2,993	3,196	3,262	3,359
Operating Margin	46.76%	43.08%	41.08%	52.35%	47.95%	48.34%	47.84%	47.57%
Earnings before Tax (EBT) ¹	2,628	1,886	2,058	1,964	2,356	2,586	2,780	2,850
Net income ¹	1,708	1,158	1,308	1,171	1,592	1,650	1,775	1,820
Net margin	30.47%	19.55%	21.76%	16.01%	25.5%	24.95%	26.04%	25.77%
EPS ²	5.280	3.620	4.090	3.430	4.110	5.173	5.566	5.706
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	1.470	0.9400	1.060	1.140	2.000	2.256	2.326	2.386
Announcement Date	25/03/20	24/03/21	31/03/22	31/03/23	28/03/24	-	-	-

¹HKD in Million²HKD

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	6.54%	4.2%	4.47%	3.92%	6%	4.96%	5.16%	5.11%
ROA (Net income/ Total Assets)	0.7%	0.46%	0.51%	0.45%	0.7%	0.6%	0.62%	0.6%
Assets ¹	2,43,799	2,52,651	2,55,747	2,58,182	2,27,442	2,75,908	2,88,657	3,01,818
Book Value Per Share ²	82.90	88.80	94.50	92.40	102.0	106.0	110.0	114.0
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-	-
Announcement Date	25/03/20	24/03/21	31/03/22	31/03/23	28/03/24	-	-	-

¹HKD in Million²HKD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

21.9 HKD

Average target price

27.5 HKD

Spread / Average Target

+25.57%

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