Announcement • Apr 29
Digital China Information Service Group Company Ltd. announced that it expects to receive CNY 1 billion in funding Digital China Information Service Group Company Ltd. has announced to issue Private Placement of not more than 195,154,887 Shares at a price of not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of not more than CNY 1,000,000,000 on April 27, 2026. The transaction includes not more than 35 specific target subscribers,which may include, but not limited to, institutional investors such as securities investment fund management companies, securities firms, trust companies, finance companies, insurance companies, and qualified foreign institutional investors that comply with the regulations of the CSRC, as well as other legal persons, natural persons, or other qualified institutional investors that comply with the applicable laws and regulations. The transaction has been approved by Board of directors and is subject to approval of company shareholders, Shenzhen Stock Exchange and registration with CSRC. All the securities issued pursuant to the offering are subject to hold period of six months from closing date. Reported Earnings • Apr 29
First quarter 2026 earnings released: CN¥0.096 loss per share (vs CN¥0.097 loss in 1Q 2025) First quarter 2026 results: CN¥0.096 loss per share (improved from CN¥0.097 loss in 1Q 2025). Revenue: CN¥1.77b (down 18% from 1Q 2025). Net loss: CN¥92.5m (flat on 1Q 2025). Revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 17% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 170% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. New Risk • Apr 01
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 170% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 170% Paying a dividend despite having no free cash flows. Minor Risk Large one-off items impacting financial results. Announcement • Mar 31
Digital China Information Service Group Company Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Digital China Information Service Group Company Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Reported Earnings • Mar 31
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥0.059 (up from CN¥0.54 loss in FY 2024). Revenue: CN¥13.2b (up 32% from FY 2024). Net income: CN¥56.4m (up CN¥580.5m from FY 2024). Profit margin: 0.4% (up from net loss in FY 2024). Revenue exceeded analyst estimates by 20%. Earnings per share (EPS) missed analyst estimates by 41%. Revenue is forecast to grow 4.5% 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, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • Mar 31
Digital China Information Service Group Company Ltd., Annual General Meeting, Apr 20, 2026 Digital China Information Service Group Company Ltd., Annual General Meeting, Apr 20, 2026, at 14:30 China Standard Time. Location: 3F, Building 1, Yard No. 1, No. 8, Liangjiadian East Road, Xibeiwang Subdistrict, Beijing China New Risk • Jan 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Dec 31
Digital China Information Service Group Company Ltd. to Report Fiscal Year 2025 Results on Mar 31, 2026 Digital China Information Service Group Company Ltd. announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.011 loss per share (vs CN¥0.043 loss in 3Q 2024) Third quarter 2025 results: CN¥0.011 loss per share (improved from CN¥0.043 loss in 3Q 2024). Revenue: CN¥4.25b (up 65% from 3Q 2024). Net loss: CN¥10.4m (loss narrowed 75% from 3Q 2024). Revenue is forecast to grow 8.8% 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, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance. New Risk • Oct 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Sep 30
Digital China Information Service Group Company Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Digital China Information Service Group Company Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 28
Second quarter 2025 earnings released: CN¥0.004 loss per share (vs CN¥0.021 loss in 2Q 2024) Second quarter 2025 results: CN¥0.004 loss per share (improved from CN¥0.021 loss in 2Q 2024). Revenue: CN¥2.26b (down 2.8% from 2Q 2024). Net loss: CN¥3.44m (loss narrowed 83% from 2Q 2024). Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 16% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance. New Risk • Aug 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Jul 02
Digital China Information Service Group Company Ltd. to Report First Half, 2025 Results on Aug 28, 2025 Digital China Information Service Group Company Ltd. announced that they will report first half, 2025 results on Aug 28, 2025 Price Target Changed • May 27
Price target decreased by 27% to CN¥12.00 Down from CN¥16.52, the current price target is provided by 1 analyst. New target price is 8.4% above last closing price of CN¥11.07. Stock is down 6.3% over the past year. The company is forecast to post earnings per share of CN¥0.11 next year compared to a net loss per share of CN¥0.54 last year. Announcement • Mar 31
Digital China Information Service Group Company Ltd. to Report Q1, 2025 Results on Apr 26, 2025 Digital China Information Service Group Company Ltd. announced that they will report Q1, 2025 results on Apr 26, 2025 Reported Earnings • Mar 30
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: CN¥0.54 loss per share (down from CN¥0.21 profit in FY 2023). Revenue: CN¥10.0b (down 17% from FY 2023). Net loss: CN¥524.1m (down 353% from profit in FY 2023). Revenue missed analyst estimates by 17%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 15% growth forecast for the IT industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Digital China Information Service Group Company Ltd., Annual General Meeting, Apr 22, 2025 Digital China Information Service Group Company Ltd., Annual General Meeting, Apr 22, 2025, at 14:30 China Standard Time. Location: No. 59, Beizhenghuangqi, Haidian District, Beijing China Buy Or Sell Opportunity • Mar 14
Now 21% overvalued Over the last 90 days, the stock has fallen 2.3% to CN¥12.90. The fair value is estimated to be CN¥10.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 57%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 10,534% in the next 2 years. Buy Or Sell Opportunity • Feb 17
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.7% to CN¥12.58. The fair value is estimated to be CN¥10.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 57%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 10,534% in the next 2 years. New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.02% net profit margin). Announcement • Dec 31
Digital China Information Service Group Company Ltd. to Report Fiscal Year 2024 Results on Mar 29, 2025 Digital China Information Service Group Company Ltd. announced that they will report fiscal year 2024 results on Mar 29, 2025 Buy Or Sell Opportunity • Dec 11
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 63% to CN¥13.64. The fair value is estimated to be CN¥11.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 57%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 10,534% in the next 2 years. Announcement • Nov 12
Digital China Information Service Group Embarks on International Expansion at Singapore Fintech Festival At Singapore Fintech Festival (SFF) 2024, fintech industry leader, Digital China Information Service Group (DCITS), made a remarkable debut with its full-stack digital financial solution, Sm@rtOneBank, showcasing its innovative capabilities and commitment to redefining the future of financial services. Throughout the three-day exhibition, hundreds of visitors coming from Southeast Asia, the Middle East, and regions including Japan and South Korea exchanged industry insights with professional experts of DCITS. Many visitors expressed strong interest in Sm@rtOneBank, a solution that offers "out-of-the-box" components that address various requirements covering areas like core banking, general ledger, payment, trade finance, credit management, counter system, e-banking, mobile banking, etc. Sm@rtOneBank uses micro-services and distributed technologies, along with the latest achievements of open banking and digital transformation in the financial industry to enable cloud-native and flexible deployment, innovative financial scenarios, and unlimited horizontal scalability and high performance. With over 20 years of expertise and experience, DCITS has partnered with 20 international banks coming from Southeast Asia, Central Asia, Europe, and the Americas, providing them with a comprehensive suite of products and solutions to empower their digital journey. The latest milestone of the international expansion of DCITS is the strategic cooperation agreement signed with MUFG Bank (China). This partnership focuses on building a next-generation core banking system for MUFG Bank (China), strengthening its project quality management and system testing capabilities. DCITS has always been committed to becoming a leading partner of digital transformation in finance. Looking ahead, DCITS remains dedicated to evolving along with the times, empowering financial institutions worldwide, driving the trend of digitization and building a more connected and technologically advanced future in finance. Price Target Changed • Nov 09
Price target increased by 18% to CN¥16.52 Up from CN¥14.00, the current price target is an average from 2 analysts. New target price is 30% above last closing price of CN¥12.69. Stock is up 3.6% over the past year. The company is forecast to post earnings per share of CN¥0.12 for next year compared to CN¥0.21 last year. Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.043 loss per share (vs CN¥0.006 profit in 3Q 2023) Third quarter 2024 results: CN¥0.043 loss per share (down from CN¥0.006 profit in 3Q 2023). Revenue: CN¥2.58b (up 9.0% from 3Q 2023). Net loss: CN¥41.4m (down CN¥47.3m from profit in 3Q 2023). Revenue is forecast to grow 9.7% 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 fallen by 57% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Sep 30
Digital China Information Service Group Company Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Digital China Information Service Group Company Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Price Target Changed • Sep 03
Price target decreased by 29% to CN¥10.00 Down from CN¥14.00, the current price target is provided by 1 analyst. New target price is 20% above last closing price of CN¥8.35. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥0.15 for next year compared to CN¥0.21 last year. Reported Earnings • Aug 31
Second quarter 2024 earnings released: CN¥0.021 loss per share (vs CN¥0.072 profit in 2Q 2023) Second quarter 2024 results: CN¥0.021 loss per share (down from CN¥0.072 profit in 2Q 2023). Revenue: CN¥2.33b (up 1.9% from 2Q 2023). Net loss: CN¥20.1m (down 129% from profit in 2Q 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 16% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Jun 29
Digital China Information Service Group Company Ltd. to Report First Half, 2024 Results on Aug 31, 2024 Digital China Information Service Group Company Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥9.40, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 22x in the IT industry in China. Total loss to shareholders of 34% over the past three years. Declared Dividend • Jun 08
Dividend increased to CN¥0.032 Dividend of CN¥0.032 is 0.2% higher than last year. Ex-date: 14th June 2024 Payment date: 14th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Announcement • Jun 08
Digital China Information Service Group Company Ltd. Dividend Implementation for 2023, Payable on 14 June 2024 Digital China Information Service Group Company Ltd. announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.32051900. Record date: 13 June 2024; Ex-date: 14 June 2024; Payment date: 14 June 2024. Reported Earnings • Apr 27
First quarter 2024 earnings released: CN¥0.058 loss per share (vs CN¥0.012 profit in 1Q 2023) First quarter 2024 results: CN¥0.058 loss per share (down from CN¥0.012 profit in 1Q 2023). Revenue: CN¥1.77b (down 9.9% from 1Q 2023). Net loss: CN¥56.5m (down CN¥67.9m from profit in 1Q 2023). Revenue is forecast to grow 13% 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 fallen by 43% 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. Reported Earnings • Mar 30
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.21 (in line with FY 2022). Revenue: CN¥12.1b (flat on FY 2022). Net income: CN¥207.1m (flat on FY 2022). Profit margin: 1.7% (in line with FY 2022). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 40%. Revenue is forecast to grow 10% 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 fallen by 39% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Mar 30
Digital China Information Service Group Company Ltd. to Report Q1, 2024 Results on Apr 27, 2024 Digital China Information Service Group Company Ltd. announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Mar 29
Digital China Information Service Group Company Ltd., Annual General Meeting, Apr 23, 2024 Digital China Information Service Group Company Ltd., Annual General Meeting, Apr 23, 2024, at 14:30 China Standard Time. Location: No. 59, Beizhenghuangqi, Haidian District, Beijing China Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥11.85, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 28x in the IT industry in China. Total loss to shareholders of 17% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥7.35, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 20x in the IT industry in China. Total loss to shareholders of 42% over the past three years. Announcement • Jan 29
Digital China Information Service Group Company Ltd. (SZSE:000555) announces an Equity Buyback for CNY 100 million worth of its shares. Digital China Information Service Company Ltd. (SZSE:000555) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 15.85 per share. The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The program will be valid for 12 months. Announcement • Dec 29
Digital China Information Service Group Company Ltd. to Report Fiscal Year 2023 Results on Mar 29, 2024 Digital China Information Service Group Company Ltd. announced that they will report fiscal year 2023 results on Mar 29, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.006 (vs CN¥0.005 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.006 (up from CN¥0.005 in 3Q 2022). Revenue: CN¥2.37b (down 13% from 3Q 2022). Net income: CN¥5.88m (up 31% from 3Q 2022). Profit margin: 0.2% (in line with 3Q 2022). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 21% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. New Risk • Aug 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 84% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.088 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.072 (down from CN¥0.088 in 2Q 2022). Revenue: CN¥2.28b (down 9.3% from 2Q 2022). Net income: CN¥69.4m (down 18% from 2Q 2022). Profit margin: 3.0% (down from 3.4% in 2Q 2022). Revenue is forecast to grow 11% 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 fallen by 28% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Board Change • Jul 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yihan Fang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 07
Digital China Information Service Company Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 14, 2023 Digital China Information Service Company Ltd. announced final cash dividend of CNY 0.32 per 10 shares on A shares for the year 2022. Record date is June 13, 2023, Ex-Date is June 14, 2023 and Payment Date is June 14, 2023. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: CN¥0.012 (vs CN¥0.032 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.012 (down from CN¥0.032 in 1Q 2022). Revenue: CN¥1.96b (up 2.0% from 1Q 2022). Net income: CN¥11.4m (down 63% from 1Q 2022). Profit margin: 0.6% (down from 1.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 21% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Chairman of the Supervisory Board Zhuo Niu was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: CN¥0.005 (vs CN¥0.022 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.005 (down from CN¥0.022 in 3Q 2021). Revenue: CN¥2.73b (up 26% from 3Q 2021). Net income: CN¥4.47m (down 79% from 3Q 2021). Profit margin: 0.2% (down from 1.0% in 3Q 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 21% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.088 (vs CN¥0.14 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.088 (down from CN¥0.14 in 2Q 2021). Revenue: CN¥2.52b (down 13% from 2Q 2021). Net income: CN¥84.7m (down 38% from 2Q 2021). Profit margin: 3.4% (down from 4.7% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 15%, compared to a 27% growth forecast for the IT industry in China. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jun 08
Digital China Information Service Company Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 13, 2022 Digital China Information Service Company Ltd. announced 2021 final profit distribution plan to be implemented (A shares). The company announced Cash dividend/10 shares (tax included) of CNY 0.40312900. The Record date is June 10, 2022; Ex-date is June 13, 2022; and Payment date is June 13, 2022. Reported Earnings • Apr 29
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.032 (down from CN¥0.042 in 1Q 2021). Revenue: CN¥1.92b (down 5.7% from 1Q 2021). Net income: CN¥31.1m (down 20% from 1Q 2021). Profit margin: 1.6% (down from 1.9% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 11%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Independent Director Zhai Benjamin is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 22
Digital China Information Service Company Ltd. Approves Profit Distribution Digital China Information Service Company Ltd. at the annual general meeting held on 20 April 2022 approved profit distribution of cash dividend/10 shares (tax included): CNY 0.40000000. Announcement • Apr 21
Digital China Information Service Company Ltd. (SZSE:000555) announces an Equity Buyback for CNY 200 million worth of its shares. Digital China Information Service Company Ltd. (SZSE:000555) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 19 per share. The repurchases will be funded using company's own funds. The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The program will be valid for 12 months. Reported Earnings • Apr 03
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.39 (down from CN¥0.49 in FY 2020). Revenue: CN¥11.4b (up 6.3% from FY 2020). Net income: CN¥376.2m (down 21% from FY 2020). Profit margin: 3.3% (down from 4.5% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 18%, compared to a 26% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Apr 02
Digital China Information Service Company Ltd., Annual General Meeting, Apr 20, 2022 Digital China Information Service Company Ltd., Annual General Meeting, Apr 20, 2022, at 14:30 China Standard Time. Agenda: To consider 2021 annual report and its summary; to consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; 2021 annual accounts; to consider 2022 financial budget report; to consider 2021 profit distribution plan; to consider reappointment of 2022 audit firm; and to consider other matters. Announcement • Apr 01
Digital China Information Service Company Ltd. Proposes Cash Dividend for 2021 Digital China Information Service Company Ltd. announced on 31 March 2022 the profit distribution proposal for 2021 as cash dividend/10 shares (tax included): CNY 0.40000000. Board Change • Feb 02
High number of new and inexperienced directors There are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Independent Director Zhai Benjamin is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS CN¥0.022 (vs CN¥0.064 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥2.16b (down 9.4% from 3Q 2020). Net income: CN¥21.6m (down 65% from 3Q 2020). Profit margin: 1.0% (down from 2.6% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS CN¥0.14 (vs CN¥0.13 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥2.89b (up 28% from 2Q 2020). Net income: CN¥137.0m (up 7.6% from 2Q 2020). Profit margin: 4.7% (down from 5.7% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 28
First quarter 2021 earnings released: EPS CN¥0.042 (vs CN¥0.03 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CN¥2.04b (down 3.8% from 1Q 2020). Net income: CN¥39.1m (up 33% from 1Q 2020). Profit margin: 1.9% (up from 1.4% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS CN¥0.49 (vs CN¥0.39 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥10.7b (up 5.3% from FY 2019). Net income: CN¥475.7m (up 27% from FY 2019). Profit margin: 4.5% (up from 3.7% in FY 2019). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Feb 24
Digital China Information Service Company Ltd. to Report Fiscal Year 2020 Results on Mar 29, 2021 Digital China Information Service Company Ltd. announced that they will report fiscal year 2020 results on Mar 29, 2021 Is New 90 Day High Low • Jan 22
New 90-day low: CN¥14.82 The company is down 20% from its price of CN¥18.44 on 23 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.41 per share. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥15.64 The company is down 12% from its price of CN¥17.81 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is down 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥3.39 per share. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS CN¥0.064 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: CN¥2.39b (up 13% from 3Q 2019). Net income: CN¥62.0m (up 1.3% from 3Q 2019). Profit margin: 2.6% (down from 2.9% in 3Q 2019). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 15% share price gain to CN¥18.81, the stock is trading at a trailing P/E ratio of 45.1x, up from the previous P/E ratio of 39.1x. This compares to an average P/E of 63x in the IT industry in China. Total returns to shareholders over the past year are 46%. Announcement • Aug 10
Digital China Information Service Company Ltd. to Report First Half, 2020 Results on Aug 27, 2020 Digital China Information Service Company Ltd. announced that they will report first half, 2020 results on Aug 27, 2020