Financials Digital China Group Co., Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 18:00:00 2024-06-25 EDT			5-day change	1st Jan Change
22.86 ^CNY	+4.29%		-3.99%	-23.57%

08:31am	Digital China Inks AI Server Supply Deal With China Mobile	MT
06-19	Digital China Denies Rumors of Terminating Huawei Partnership	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	12,972	13,979	10,257	14,213	19,549	14,941	-	-
Enterprise Value (EV) ¹	12,972	13,979	10,257	14,213	19,549	14,941	14,941	14,941
P/E ratio	18.6 x	22.6 x	43.1 x	14.1 x	17 x	10.8 x	8.88 x	7.53 x
Yield	-	-	-	2.03%	1.49%	2.71%	3.46%	3.54%
Capitalization / Revenue	0.15 x	0.15 x	-	0.12 x	0.16 x	0.12 x	0.11 x	0.1 x
EV / Revenue	0.15 x	0.15 x	-	0.12 x	0.16 x	0.12 x	0.11 x	0.1 x
EV / EBITDA	-	14.2 x	-	10.2 x	8.61 x	5.88 x	5.17 x	4.56 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	3.01 x	-	1.93 x	2.34 x	1.58 x	1.39 x	1.21 x
Nbr of stocks (in thousands)	653,492	651,391	647,977	647,799	653,579	653,579	-	-
Reference price ²	19.85	21.46	15.83	21.94	29.91	22.86	22.86	22.86
Announcement Date	20-03-30	21-03-30	22-03-28	23-03-12	24-03-28	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	86,803	92,060	-	115,880	119,624	127,266	137,094	145,912
EBITDA ¹	-	982.7	-	1,397	2,271	2,541	2,887	3,278
EBIT ¹	-	916.8	-	1,323	1,514	1,862	2,235	2,635
Operating Margin	-	1%	-	1.14%	1.27%	1.46%	1.63%	1.81%
Earnings before Tax (EBT) ¹	-	832.9	-	1,324	1,513	1,864	2,237	2,637
Net income ¹	-	624.1	238.1	1,004	1,172	1,416	1,725	2,032
Net margin	-	0.68%	-	0.87%	0.98%	1.11%	1.26%	1.39%
EPS ²	1.070	0.9509	0.3677	1.560	1.758	2.115	2.576	3.037
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	0.4460	0.4460	0.6200	0.7900	0.8100
Announcement Date	20-03-30	21-03-30	22-03-28	23-03-12	24-03-28	-	-	-

¹CNY in Million²CNY

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	13.9%	-	15%	14.7%	14.6%	15.7%	16%
ROA (Net income/ Total Assets)	-	-	-	2.54%	2.75%	3.13%	3.64%	3.92%
Assets ¹	-	-	-	39,590	42,550	45,234	47,353	51,843
Book Value Per Share ²	-	7.130	-	11.40	12.80	14.50	16.40	19.00
Cash Flow per Share ²	-	2.210	-	1.250	-0.2300	4.310	2.610	2.860
Capex ¹	-	292	-	239	406	42	98.5	96
Capex / Sales	-	0.32%	-	0.21%	0.34%	0.03%	0.07%	0.07%
Announcement Date	20-03-30	21-03-30	22-03-28	23-03-12	24-03-28	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

22.86 CNY

Average target price

44.66 CNY

Spread / Average Target

+95.38%

	1st Jan change	Capi.
DIGITAL CHINA GROUP CO., LTD.	-23.57%	2.06B
BEIJING ASIACOM INFORMATION TECHNOLOGY CO,.LTD	-23.95%	518M
AZTEK TEKNOLOJI URUNLERI TICARET ANONIM SIRKETI	-41.63%	181M
ACTION ELECTRONICS CO., LTD.	+9.84%	176M
WEBLINK INTERNATIONAL INC.	+11.82%	159M
CHANGHONG JIAHUA HOLDINGS LIMITED	+3.49%	148M
ALLIED TECNOLOGIA S.A.	-0.93%	126M
AIR LINK COMMUNICATION LIMITED	+44.49%	125M
PHOTOZOU HOLDINGS, INC.	-.--%	80M
BPL LIMITED	+57.98%	77.12M