XHKG0011
Market cap22bUSD
Dec 20, Last price
91.35HKD
1D
-0.71%
1Q
-3.44%
Jan 2017
-36.69%
Name
Hang Seng Bank Ltd
Chart & Performance
Profile
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institutional customers in Hong Kong, Mainland China, and internationally. It operates through four segments: Wealth and Personal Banking, Commercial Banking, Global Banking and Markets, and Other. The company offers personal banking services, including current and savings accounts, time deposits, mortgages and personal loans, credit cards, and insurance, investment, and other wealth management services, as well as consumer lending services. It also provides corporate lending, trade and receivable finance, payments and cash management, treasury and foreign exchange, general insurance, key-person insurance, investment services, and corporate wealth management; and general banking, corporate lending, interest rates, foreign exchange, money markets, structured products and derivatives, etc. In addition, the company offers retirement benefits, life assurance, fund management, and stock broking services, as well as index compilation and licensing; fund raising and sales; and asset management services. It operates approximately 280 service outlets in Hong Kong; branches in Macau and Singapore; and a representative office in Taipei, Taiwan. Hang Seng Bank Limited, through its subsidiary, Hang Seng Bank (China) Limited, also operates a network of outlets in approximately 20 cities in Mainland China. The company was founded in 1933 and is headquartered in Central, Hong Kong. Hang Seng Bank Limited is a subsidiary of The Hongkong and Shanghai Banking Corporation Limited.
Valuation
Title HKD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 34,574,000 -51.30% | 71,000,000 24.89% | 56,848,000 -12.84% | |||||||
Cost of revenue | (47,519,000) | 5,639,000 | 5,263,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 82,093,000 | 65,361,000 | 51,585,000 | |||||||
NOPBT Margin | 237.44% | 92.06% | 90.74% | |||||||
Operating Taxes | 2,267,000 | 1,288,000 | 2,439,000 | |||||||
Tax Rate | 2.76% | 1.97% | 4.73% | |||||||
NOPAT | 79,826,000 | 64,073,000 | 49,146,000 | |||||||
Net income | 17,140,000 51.87% | 11,286,000 -19.15% | 13,960,000 -16.34% | |||||||
Dividends | (10,133,000) | (7,455,000) | (11,662,000) | |||||||
Dividend yield | 5.82% | 3.00% | 4.27% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 16,509,000 | 21,925,000 | ||||||||
Long-term debt | 2,412,000 | 40,649,000 | 38,108,000 | |||||||
Deferred revenue | 537,002,000 | 239,731,000 | ||||||||
Other long-term liabilities | 759,010,000 | 268,944,000 | 241,378,000 | |||||||
Net debt | (720,784,000) | (65,722,000) | (28,245,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 20,096,000 | 66,393,000 | 40,426,000 | |||||||
CAPEX | (1,750,000) | (1,887,000) | (2,146,000) | |||||||
Cash from investing activities | 97,569,000 | (42,858,000) | (73,593,000) | |||||||
Cash from financing activities | (174,629,000) | 20,664,000 | 35,277,000 | |||||||
FCF | (17,188,000) | (235,634,000) | 69,710,000 | |||||||
Balance | ||||||||||
Cash | 99,229,000 | 118,466,000 | 84,640,000 | |||||||
Long term investments | 623,967,000 | 4,414,000 | 3,638,000 | |||||||
Excess cash | 721,467,300 | 119,330,000 | 85,435,600 | |||||||
Stockholders' equity | 168,184,000 | 172,217,000 | 172,672,000 | |||||||
Invested Capital | 825,325,000 | 914,176,000 | 625,895,400 | |||||||
ROIC | 9.18% | 8.32% | 7.89% | |||||||
ROCE | 8.26% | 6.28% | 7.18% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,911,843 | 1,911,843 | 1,911,843 | |||||||
Price | 91.05 -29.85% | 129.80 -9.04% | 142.70 6.02% | |||||||
Market cap | 174,073,281 -29.85% | 248,157,187 -9.04% | 272,819,958 6.02% | |||||||
EV | (546,657,719) | 182,500,187 | 244,658,958 | |||||||
EBITDA | 84,942,000 | 68,037,000 | 54,123,000 | |||||||
EV/EBITDA | 2.68 | 4.52 | ||||||||
Interest | 27,144,000 | 779,000 | 338,000 | |||||||
Interest/NOPBT | 33.06% | 1.19% | 0.66% |