Digital China Group Future Growth

Future criteria checks 1/6

Digital China Group is forecast to grow earnings and revenue by 19.5% and 6% per annum respectively. EPS is expected to grow by 18.6% per annum. Return on equity is forecast to be 15.8% in 3 years.

Key information

19.5%

Earnings growth rate

18.6%

EPS growth rate

IT earnings growth	32.7%
Revenue growth rate	6.0%
Future return on equity	15.8%
Analyst coverage	Good
Last updated	15 Jul 2024

Recent future growth updates

Recent updates

Digital China Group (SZSE:000034) Will Be Hoping To Turn Its Returns On Capital Around

Aug 13

Is Digital China Group (SZSE:000034) A Risky Investment?

Jul 12

Digital China Group Co., Ltd. (SZSE:000034) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Jun 25

With EPS Growth And More, Digital China Group (SZSE:000034) Makes An Interesting Case

Jun 05

Digital China Group's (SZSE:000034) Upcoming Dividend Will Be Larger Than Last Year's

Apr 30

Digital China Group (SZSE:000034) May Have Issues Allocating Its Capital

Mar 18

Digital China Group Co., Ltd. (SZSE:000034) Stock Catapults 25% Though Its Price And Business Still Lag The Market

Feb 29

Earnings and Revenue Growth Forecasts

SZSE:000034 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	145,913	2,032	N/A	1,939	6
12/31/2025	136,372	1,729	N/A	1,625	6
12/31/2024	127,266	1,416	N/A	2,650	6
6/30/2024	126,585	1,248	-1,125	-517	N/A
3/31/2024	121,779	1,198	-1,016	-485	N/A
12/31/2023	119,624	1,172	-559	-151	N/A
9/30/2023	115,536	1,174	-186	168	N/A
6/30/2023	113,808	1,048	1,208	1,485	N/A
3/31/2023	114,398	1,026	1,647	1,924	N/A
1/1/2023	115,880	1,004	594	836	N/A
9/30/2022	120,873	881	592	841	N/A
6/30/2022	123,359	769	-676	-335	N/A
3/31/2022	126,965	280	-2,005	-1,643	N/A
1/1/2022	122,385	249	-522	-156	N/A
9/30/2021	114,384	279	-179	234	N/A
6/30/2021	108,139	251	283	661	N/A
3/31/2021	98,113	662	592	942	N/A
12/31/2020	92,060	624	1,152	1,457	N/A
9/30/2020	87,515	585	1,696	1,906	N/A
6/30/2020	85,088	549	2,036	2,184	N/A
3/31/2020	83,014	683	2,088	2,230	N/A
12/31/2019	86,803	701	1,368	1,500	N/A
9/30/2019	91,479	678	669	782	N/A
6/30/2019	91,147	641	-1,494	-25	N/A
3/31/2019	87,829	537	-672	778	N/A
12/31/2018	81,858	512	-1,070	361	N/A
9/30/2018	75,371	755	-1,267	-342	N/A
6/30/2018	69,163	787	-915	-283	N/A
3/31/2018	65,776	749	N/A	-311	N/A
12/31/2017	62,216	723	N/A	-292	N/A
9/30/2017	56,908	383	N/A	60	N/A
6/30/2017	54,921	356	N/A	698	N/A
3/31/2017	52,666	495	N/A	233	N/A
12/31/2016	40,531	404	N/A	346	N/A
9/30/2016	23,949	329	N/A	979	N/A
6/30/2016	11,959	250	N/A	195	N/A
3/31/2016	451	-8	N/A	-18	N/A
12/31/2015	458	21	N/A	-14	N/A
9/30/2015	465	33	N/A	-26	N/A
6/30/2015	477	33	N/A	-23	N/A
3/31/2015	490	85	N/A	-37	N/A
12/31/2014	509	61	N/A	-28	N/A
9/30/2014	534	66	N/A	-30	N/A
6/30/2014	545	63	N/A	-23	N/A
3/31/2014	538	18	N/A	8	N/A
12/31/2013	533	17	N/A	7	N/A
9/30/2013	497	12	N/A	4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000034's forecast earnings growth (19.5% per year) is above the savings rate (2.9%).

Earnings vs Market: 000034's earnings (19.5% per year) are forecast to grow slower than the CN market (23.2% per year).

High Growth Earnings: 000034's earnings are forecast to grow, but not significantly.

Revenue vs Market: 000034's revenue (6% per year) is forecast to grow slower than the CN market (13.7% per year).

High Growth Revenue: 000034's revenue (6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 000034's Return on Equity is forecast to be low in 3 years time (15.8%).

Digital China Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 14% to CN¥44.67

Price target increased by 11% to CN¥39.50

Recent updates

Second quarter 2024 earnings released: EPS: CN¥0.43 (vs CN¥0.34 in 2Q 2023)

Digital China Group (SZSE:000034) Will Be Hoping To Turn Its Returns On Capital Around

Is Digital China Group (SZSE:000034) A Risky Investment?

Digital China Group Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024

Digital China Group Co., Ltd. (SZSE:000034) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough

Investor sentiment deteriorates as stock falls 16%

With EPS Growth And More, Digital China Group (SZSE:000034) Makes An Interesting Case

Price target decreased by 14% to CN¥44.67

Digital China Group's (SZSE:000034) Upcoming Dividend Will Be Larger Than Last Year's

Dividend increased to CN¥0.45

First quarter 2024 earnings released: EPS: CN¥0.35 (vs CN¥0.32 in 1Q 2023)

Full year 2023 earnings: EPS and revenues miss analyst expectations

Digital China Group Co., Ltd. to Report Q1, 2024 Results on Apr 27, 2024

Digital China Group Co., Ltd., Annual General Meeting, Apr 22, 2024

Digital China Group (SZSE:000034) May Have Issues Allocating Its Capital

Digital China Group Co., Ltd. (SZSE:000034) Stock Catapults 25% Though Its Price And Business Still Lag The Market

Investor sentiment improves as stock rises 20%

Investor sentiment deteriorates as stock falls 19%

Digital China Group Co., Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024

Third quarter 2023 earnings released: EPS: CN¥0.64 (vs CN¥0.45 in 3Q 2022)

New major risk - Share price stability

Investor sentiment improves as stock rises 17%

Second quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.32 in 2Q 2022)

High number of new directors

Price target increased by 11% to CN¥39.50

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 17%

Upcoming dividend of CN¥0.45 per share at 1.7% yield

Investor sentiment deteriorates as stock falls 18%

Investor sentiment improves as stock rises 16%

Full year 2022 earnings released: EPS: CN¥1.56 (vs CN¥0.37 in FY 2021)

Investor sentiment improves as stock rises 16%

Third quarter 2022 earnings released: EPS: CN¥0.45 (vs CN¥0.27 in 3Q 2021)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.45 loss in 2Q 2021)

Investor sentiment improved over the past week

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of CN¥0.19 per share

Digital China Group Co., Ltd. Implements A Shares Final Cash Distribution for 2021, Payable on 05 May 2022

Digital China Group Co., Ltd. Approves Cash Dividend for the Year 2021

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Digital China Group Co., Ltd. Announces the Profit Distribution Proposal for 2021

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS CN¥0.27 (vs CN¥0.23 in 3Q 2020)

Second quarter 2021 earnings released: CN¥0.45 loss per share (vs CN¥0.19 profit in 2Q 2020)

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.18 in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.96 (vs CN¥1.08 in FY 2019)

New 90-day low: CN¥16.61

Digital China Group Co., Ltd. to Report Fiscal Year 2020 Results on Mar 31, 2021

New 90-day low: CN¥19.20

New 90-day low: CN¥22.38

Market pulls back on stock over the past week

Huawei Reportedly to Divest Honor Smartphone Business for $15 Billion to Chinese Consortium

Market bids up stock over the past week

New 90-day high: CN¥31.68

Market bids up stock over the past week

Third quarter 2020 earnings released: EPS CN¥0.23

Huawei Reportedly in Talks to Sell Parts of Its Honor Smartphone Business

Market bids up stock over the past week

New 90-day high: CN¥29.30

Market bids up stock over the past week

New 90-day low - CN¥21.20

First half earnings released

Digital China Group Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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