Annonce • Dec 31
Digital China Group Co., Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Digital China Group Co., Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Annonce • Sep 30
Digital China Group Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Digital China Group Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Annonce • Jul 02
Digital China Group Co., Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Digital China Group Co., Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Annonce • Apr 01
Digital China Group Co., Ltd. Proposes Final Cash Dividend for the Year 2024 Digital China Group Co., Ltd. announced on 31 March 2025 the profit distribution proposal for the year 2024 as final cash dividend/10 shares (tax included) of CNY 2.67000000. Annonce • Mar 31
Digital China Group Co., Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Digital China Group Co., Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Annonce • Mar 29
Digital China Group Co., Ltd., Annual General Meeting, Apr 22, 2025 Digital China Group Co., Ltd., Annual General Meeting, Apr 22, 2025, at 14:30 China Standard Time. Location: No. 59, Beizhenghuangqi, Haidian District, Beijing China Annonce • Dec 31
Digital China Group Co., Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Digital China Group Co., Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.59 (vs CN¥0.64 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.59 (down from CN¥0.64 in 3Q 2023). Revenue: CN¥29.0b (up 1.6% from 3Q 2023). Net income: CN¥384.2m (down 7.9% from 3Q 2023). Profit margin: 1.3% (down from 1.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥30.78, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 24x in the IT industry in China. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥15.93 per share. Annonce • Sep 30
Digital China Group Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Digital China Group Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Annonce • Sep 27
Accton Technology Corporation (TWSE:2345) agreed to acquire 40% stake in Shenzhen Muxi Network Co., Ltd. for CNY 200 million. Digital China Group Co., Ltd. (SZSE:000034) agreed to acquire Joytech Technology (Shenzhen) Co., Ltd. and Accton Technology Co., Ltd. from Accton Technology Corporation (TWSE:2345) for CNY 500 million on September 26, 2024. As part of the consideration, CNY 300 million will be paid in cash and 40% equity in MuXi Networks Ltd, a new entity to be formed by Digital China Group valued at CNY 200 million. Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.34 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.43 (up from CN¥0.34 in 2Q 2023). Revenue: CN¥33.3b (up 17% from 2Q 2023). Net income: CN¥274.4m (up 22% from 2Q 2023). Profit margin: 0.8% (in line with 2Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annonce • Jun 29
Digital China Group Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Digital China Group Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥23.81, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 23x in the IT industry in China. Total returns to shareholders of 29% over the past three years. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.35 (vs CN¥0.32 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.35 (up from CN¥0.32 in 1Q 2023). Revenue: CN¥29.3b (up 7.9% from 1Q 2023). Net income: CN¥234.9m (up 12% from 1Q 2023). Profit margin: 0.8% (in line with 1Q 2023). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 26
Dividend of CN¥0.45 announced Shareholders will receive a dividend of CN¥0.45. Ex-date: 6th May 2024 Payment date: 6th May 2024 Dividend yield will be 1.6%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 51% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 61% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 31
Full year 2023 earnings released: EPS: CN¥1.79 (vs CN¥1.57 in FY 2022) Full year 2023 results: EPS: CN¥1.79 (up from CN¥1.57 in FY 2022). Revenue: CN¥119.6b (up 3.2% from FY 2022). Net income: CN¥1.17b (up 17% from FY 2022). Profit margin: 1.0% (up from 0.9% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 18% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Annonce • Mar 30
Digital China Group Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Digital China Group Co., Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Annonce • Mar 29
Digital China Group Co., Ltd., Annual General Meeting, Apr 22, 2024 Digital China Group Co., Ltd., Annual General Meeting, Apr 22, 2024, at 14:30 China Standard Time. Location: No. 59, Beizhenghuangqi, Haidian District, Beijing China Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥20.63, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 20x in the IT industry in China. Total returns to shareholders of 28% over the past three years. Annonce • Dec 30
Digital China Group Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024 Digital China Group Co., Ltd. announced that they will report fiscal year 2023 results on Mar 29, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.64 (vs CN¥0.45 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.64 (up from CN¥0.45 in 3Q 2022). Revenue: CN¥28.6b (up 6.4% from 3Q 2022). Net income: CN¥417.3m (up 43% from 3Q 2022). Profit margin: 1.5% (up from 1.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 20% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥32.51, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 24x in the IT industry in China. Total returns to shareholders of 31% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥54.09 per share. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.32 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.34 (up from CN¥0.32 in 2Q 2022). Revenue: CN¥28.5b (down 2.0% from 2Q 2022). Net income: CN¥224.3m (up 11% from 2Q 2022). Profit margin: 0.8% (up from 0.7% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Aug 24
High number of new directors There are 5 new directors who have joined the board in the last 3 years. VP & Non-Independent Director Haiqiang Ye was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥26.22, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 31x in the IT industry in China. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥28.32, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 31x in the IT industry in China. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥40.70 per share. Upcoming Dividend • May 03
Upcoming dividend of CN¥0.45 per share at 1.7% yield Eligible shareholders must have bought the stock before 10 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 1.7%. Lower than top quartile of Chinese dividend payers (2.0%). Higher than average of industry peers (0.5%). Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥25.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 28x in the IT industry in China. Total returns to shareholders of 5.3% over the past three years. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥29.76, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 35x in the IT industry in China. Total returns to shareholders of 3.2% over the past three years. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: CN¥1.56 (vs CN¥0.37 in FY 2021) Full year 2022 results: EPS: CN¥1.56 (up from CN¥0.37 in FY 2021). Revenue: CN¥115.9b (down 5.3% from FY 2021). Net income: CN¥1.00b (up 322% from FY 2021). Profit margin: 0.9% (up from 0.2% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 19% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥27.23, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 31x in the IT industry in China. Total returns to shareholders of 12% over the past three years. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.27 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.45 (up from CN¥0.27 in 3Q 2021). Revenue: CN¥26.8b (down 8.5% from 3Q 2021). Net income: CN¥291.2m (up 64% from 3Q 2021). Profit margin: 1.1% (up from 0.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥19.65, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 42x in the IT industry in China. Total returns to shareholders of 30% over the past three years. Reported Earnings • Sep 03
Second quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.45 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.32 (up from CN¥0.45 loss in 2Q 2021). Revenue: CN¥29.1b (down 11% from 2Q 2021). Net income: CN¥202.5m (up CN¥489.6m from 2Q 2021). Profit margin: 0.7% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥19.24, the stock trades at a trailing P/E ratio of 45.6x. Average trailing P/E is 43x in the IT industry in China. Total returns to shareholders of 49% over the past three years. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.24 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.29 (up from CN¥0.24 in 1Q 2021). Revenue: CN¥28.6b (up 19% from 1Q 2021). Net income: CN¥187.3m (up 21% from 1Q 2021). Profit margin: 0.7% (up from 0.6% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: CN¥0.37 (vs CN¥0.96 in FY 2020) Full year 2021 results: EPS: CN¥0.37 (down from CN¥0.96 in FY 2020). Revenue: CN¥122.4b (up 33% from FY 2020). Net income: CN¥238.1m (down 62% from FY 2020). Profit margin: 0.2% (down from 0.7% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥18.50, the stock trades at a trailing P/E ratio of 43.4x. Average trailing P/E is 53x in the IT industry in China. Total returns to shareholders of 67% over the past three years. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.23 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: CN¥29.3b (up 27% from 3Q 2020). Net income: CN¥177.6m (up 18% from 3Q 2020). Profit margin: 0.6% (down from 0.7% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Aug 30
Second quarter 2021 earnings released: CN¥0.45 loss per share (vs CN¥0.19 profit in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥32.7b (up 44% from 2Q 2020). Net loss: CN¥287.2m (down 329% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥17.83, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 23x in the IT industry in China. Total returns to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥21.85, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 25x in the IT industry in China. Total returns to shareholders of 50% over the past three years. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.18 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: CN¥24.0b (up 34% from 1Q 2020). Net income: CN¥155.4m (up 32% from 1Q 2020). Profit margin: 0.6% (down from 0.7% in 1Q 2020). Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.96 (vs CN¥1.08 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥92.1b (up 6.1% from FY 2019). Net income: CN¥624.1m (down 11% from FY 2019). Profit margin: 0.7% (down from 0.8% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Mar 16
New 90-day low: CN¥16.61 The company is down 24% from a price of CN¥21.83 on 16 December 2020. Underperformed the Chinese market, which is down 2.0% over the last 90 days. Lagged the IT industry, which is down 16% over the same period. Is New 90 Day High Low • Jan 25
New 90-day low: CN¥19.20 The company is down 26% from its price of CN¥26.05 on 28 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥139 per share. Is New 90 Day High Low • Dec 12
New 90-day low: CN¥22.38 The company is down 7.0% from its price of CN¥24.16 on 14 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 17% over the same period. Valuation Update With 7 Day Price Move • Nov 18
Market pulls back on stock over the past week After last week's 16% share price decline to CN¥28.22, the stock is trading at a trailing P/E ratio of 28.4x, down from the previous P/E ratio of 33.8x. This compares to an average P/E of 72x in the IT industry in China. Total returns to shareholders over the past year are 63%. Valuation Update With 7 Day Price Move • Nov 12
Market bids up stock over the past week After last week's 20% share price gain to CN¥35.80, the stock is trading at a trailing P/E ratio of 39.7x, up from the previous P/E ratio of 33x. This compares to an average P/E of 74x in the IT industry in China. Total returns to shareholders over the past year are 138%. Is New 90 Day High Low • Nov 11
New 90-day high: CN¥31.68 The company is up 40% from its price of CN¥22.58 on 13 August 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 5.0% over the same period. Valuation Update With 7 Day Price Move • Nov 06
Market bids up stock over the past week After last week's 16% share price gain to CN¥29.75, the stock is trading at a trailing P/E ratio of 32.7x, up from the previous P/E ratio of 28.1x. This compares to an average P/E of 77x in the IT industry in China. Total returns to shareholders over the past year are 89%. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.23 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥23.1b (up 12% from 3Q 2019). Net income: CN¥149.9m (up 32% from 3Q 2019). Profit margin: 0.7% (up from 0.6% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 15
Market bids up stock over the past week After last week's 18% share price gain to CN¥29.81, the stock is trading at a trailing P/E ratio of 32.3x, up from the previous P/E ratio of 27.4x. This compares to an average P/E of 66x in the IT industry in China. Total returns to shareholders over the past three years are 42%. Valuation Update With 7 Day Price Move • Oct 13
Market bids up stock over the past week After last week's 16% share price gain to CN¥29.30, the stock is trading at a trailing P/E ratio of 34.3x, up from the previous P/E ratio of 29.6x. This compares to an average P/E of 66x in the IT industry in China. Total returns to shareholders over the past three years are 39%.