Financials Digital China Group Co., Ltd.

Equities

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-21 pm EDT			5-day change	1st Jan Change
30.3 ^CNY	-0.07%		+5.10%	+1.30%

05:30am	Digital China's Unit Bags China Mobile's Procurement Bid for 2.47 Billion Yuan	MT
Apr. 24	Digital China Group Co., Ltd. Proposes Final Cash Dividend on A Shares for the Year 2023, Payable on May 06, 2024	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	12,972	13,979	10,257	14,213	19,549	19,803	-	-
Enterprise Value (EV) ¹	12,972	13,979	10,257	14,213	19,549	19,803	19,803	19,803
P/E ratio	18.6 x	22.6 x	43.1 x	14.1 x	17 x	14.3 x	11.8 x	9.98 x
Yield	-	-	-	2.03%	1.49%	2.05%	2.61%	2.67%
Capitalization / Revenue	0.15 x	0.15 x	-	0.12 x	0.16 x	0.16 x	0.14 x	0.14 x
EV / Revenue	0.15 x	0.15 x	-	0.12 x	0.16 x	0.16 x	0.14 x	0.14 x
EV / EBITDA	-	14.2 x	-	10.2 x	12.4 x	7.79 x	6.86 x	6.04 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	3.01 x	-	1.93 x	2.34 x	2.09 x	1.84 x	1.6 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	30.30	30.30	30.30
Announcement Date	3/30/20	3/30/21	3/28/22	3/12/23	3/28/24	-	-	-

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	1,578	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	3/30/20	3/30/21	3/28/22	3/12/23	3/28/24	-	-	-

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%	-	3.13%	3.64%	3.92%
Assets ¹	-	-	-	39,590	-	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	3/30/20	3/30/21	3/28/22	3/12/23	3/28/24	-	-	-

¹CNY in Million²CNY

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

30.3 CNY

Average target price

44.66 CNY

Spread / Average Target

+47.41%

	1st Jan change	Capi.
DIGITAL CHINA GROUP CO., LTD.	+1.30%	2.74B
BEIJING ASIACOM INFORMATION TECHNOLOGY CO,.LTD	-18.38%	557M
AZTEK TEKNOLOJI URUNLERI TICARET ANONIM SIRKETI	-13.57%	272M
ACTION ELECTRONICS CO., LTD.	+11.17%	179M
CHANGHONG JIAHUA HOLDINGS LIMITED	+13.95%	160M
WEBLINK INTERNATIONAL INC.	+11.64%	160M
ALLIED TECNOLOGIA S.A.	-5.33%	129M
AIR LINK COMMUNICATION LIMITED	+21.91%	105M
PHOTOZOU HOLDINGS, INC.	-.--%	80M
RAYTECH HOLDINGS COMPANY LIMITED	0.00%	61.6M