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Dah Sing Banking Group (HKSE:02356) Total Assets : HK$260,744 Mil (As of Dec. 2023)


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What is Dah Sing Banking Group Total Assets?

Dah Sing Banking Group's Total Assets for the quarter that ended in Dec. 2023 was HK$260,744 Mil.

During the past 12 months, Dah Sing Banking Group's average Total Assets Growth Rate was 6.90% per year. During the past 3 years, the average Total Assets Growth Rate was 2.10% per year. During the past 5 years, the average Total Assets Growth Rate was 2.70% per year. During the past 10 years, the average Total Assets Growth Rate was 4.60% per year.

During the past 13 years, Dah Sing Banking Group's highest 3-Year average Total Assets Growth Rate was 22.70%. The lowest was 0.80%. And the median was 6.50%.

Total Assets is connected with ROA %. Dah Sing Banking Group's annualized ROA % for the quarter that ended in Dec. 2023 was 0.58%. Total Assets is also linked to Revenue through Asset Turnover. Dah Sing Banking Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


Dah Sing Banking Group Total Assets Historical Data

The historical data trend for Dah Sing Banking Group's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dah Sing Banking Group Total Assets Chart

Dah Sing Banking Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 243,406.49 247,306.22 248,979.19 252,086.03 260,744.09

Dah Sing Banking Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 248,979.19 255,190.38 252,086.03 251,006.79 260,744.09

Dah Sing Banking Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Dah Sing Banking Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=32889.443+227854.651
=260,744

Dah Sing Banking Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=32889.443+227854.651
=260,744

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dah Sing Banking Group  (HKSE:02356) Total Assets Explanation

Total Assets is connected with ROA %.

Dah Sing Banking Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1496.766/( (251006.794+260744.094)/ 2 )
=1496.766/255875.444
=0.58 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Dah Sing Banking Group's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=3182.927/( (251006.794+260744.094)/ 2 )
=3182.927/255875.444
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Dah Sing Banking Group Total Assets Related Terms

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Dah Sing Banking Group (HKSE:02356) Business Description

Traded in Other Exchanges
Address
248 Queen’s Road East, 26th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
Dah Sing Banking Group Ltd is a bank holding company. It operates in five segments: Personal Banking, Commercial Banking, Treasury and Global Marets, Overseas Banking, and Others. The Personal Banking segment deals in deposits from individual customers, the extension of residential mortgage lending, personal loans, insurance, and investment services. The commercial banking segment provides similar services to institutional customers and organizations. The Treasury segment provides foreign exchange services and centralized cash management for deposit-taking & lending, interest rate risk management, management of investment in securities, and overall funding. Overseas banking businesses include personal banking, and commercial banking business activities provided by overseas subsidiaries.

Dah Sing Banking Group (HKSE:02356) Headlines

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