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Digital China Holdings
(0861)
Digital China Holdings (0861) vs. iShares MSCI Hong Kong ETF (EWH)
Digital China Holdings Business Overview & Revenue Model
Digital China Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.00B | 17.72B | 20.20B | 20.64B | 20.54B | 19.82B |
| Gross Profit | 2.56B | 2.44B | 2.87B | 2.94B | 3.76B | 3.36B |
| EBITDA | 167.86M | 114.45M | -843.71M | 668.63M | 1.71B | 1.72B |
| Net Income | -271.02M | -270.22M | -2.02B | 360.92M | 711.59M | 612.97M |
Balance Sheet | ||||||
| Total Assets | 25.39B | 23.74B | 25.10B | 24.77B | 29.60B | 28.02B |
| Cash, Cash Equivalents and Short-Term Investments | 2.39B | 3.54B | 3.20B | 3.26B | 4.61B | 4.20B |
| Total Debt | 5.50B | 3.81B | 3.40B | 3.74B | 4.24B | 4.51B |
| Total Liabilities | 15.13B | 13.62B | 13.67B | 12.46B | 14.73B | 14.26B |
| Stockholders Equity | 6.32B | 5.83B | 6.93B | 8.36B | 10.16B | 9.43B |
Cash Flow | ||||||
| Free Cash Flow | 341.72M | 375.80M | 587.13M | 432.03M | 393.71M | 1.02B |
| Operating Cash Flow | 375.14M | 405.53M | 746.14M | 525.56M | 540.70M | 1.15B |
| Investing Cash Flow | 79.10M | -223.02M | 334.18M | -47.88M | 20.37M | 1.51B |
| Financing Cash Flow | 652.89M | -60.38M | -678.68M | -249.29M | -926.23M | -1.54B |
Digital China Holdings Technical Analysis
Digital China Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$681.57M | 5.80 | 6.75% | 7.27% | 7.39% | 2.23% | |
70 Outperform | HK$334.90M | 4.94 | 5.83% | 7.24% | -1.26% | -10.80% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | HK$390.00M | 48.09 | -0.77% | 8.55% | -1.86% | -105.19% | |
54 Neutral | HK$10.57B | 9.44 | 4.70% | 1.06% | 5.43% | -6.88% | |
48 Neutral | HK$3.80B | 141.36 | -4.20% | 2.65% | -6.07% | 86.55% | |
39 Underperform | HK$2.07B | 4.07 | 4.78% | ― | -25.92% | ― |
Digital China Holdings Corporate Events
Digital China Holdings has issued a supplemental announcement clarifying details of a previously disclosed disposal by its indirect wholly owned subsidiary, Digital China Software Co., Ltd., of 11,895,200 shares in DCITS, representing about 1.22% of DCITS’s total share capital. The company confirmed that shares sold via centralized bidding on the open market went to unidentified buyers who, to the board’s knowledge after reasonable enquiries, are independent third parties, and that shares sold via block trade were placed through Shenzhen Fulai Investment Co., Ltd., whose ultimate owners and the purchaser are also considered independent of Digital China and its connected persons. The additional disclosures do not change any commercial terms or other contents of the original transaction announcement, and the company states that the earlier information remains valid and in force.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
Digital China Holdings announced that its indirect non-wholly owned subsidiary DCITS expects to swing to a profit attributable to shareholders of between RMB46 million and RMB69 million for 2025, compared with a loss of about RMB524 million in 2024, driven by market expansion, stronger accounts receivable management, and a sharp reduction in impairment losses. The improvement at DCITS, whose results are consolidated into Digital China’s accounts, underscores the subsidiary’s strategic pivot toward fintech and “AI for Process” solutions for financial institutions, but management cautioned that the preview is unaudited, applies only to DCITS, and may not fully reflect the group’s consolidated 2025 performance, advising investors to exercise caution until full-year results are released by end-March 2026.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
Digital China Holdings has received a requisition from Guangzhou City Investment Jiazi Investment Partnership, which holds about 17.57% of its issued share capital via HKSCC Nominees, demanding that the company convene a special general meeting to vote on amendments to its bye-laws. The proposed changes would require that major transactions, very substantial disposals and acquisitions, extreme transactions and reverse takeovers be approved by shareholders by way of special resolutions at general meetings, effectively raising the approval threshold for large corporate actions; however, a majority of the board, excluding two non-executive directors representing the requisitioning shareholder, has stated that it believes these amendments are not in the interests of the company or its shareholders as a whole. The board is seeking legal advice on how to proceed and plans to issue a circular with further details and a notice of the special general meeting to shareholders in due course, signaling a potential governance tussle that could affect how the company executes future strategic transactions.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
Digital China Holdings has announced that its indirect wholly owned subsidiary DC Software has agreed to repurchase a 4.65% equity stake in Shenqi Digital from investor Changchun Jingyue for approximately RMB391.61 million, under a put option arrangement originally set out in a supplemental agreement. The sale will be conducted via public bidding on the Jilin Changchun Property Rights Exchange Center, with DC Software committed to bid at the predetermined put price, and if a third party wins the bid, Changchun Jingyue may revoke the exercise of the put option; upon completion of this transaction and the previously announced put option exercise by Changchun Financial, Digital China’s effective interest in Shenqi Digital will rise from about 83.65% to 94.5%, increasing its control over the subsidiary while the company expects no material impact on the group’s overall business and operations.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
Digital China Holdings has announced that its indirect wholly owned subsidiary DC Software will acquire approximately 6.20% of Shenqi Digital Company Limited from investor Changchun Financial for about RMB522.4 million, following Changchun Financial’s exercise of a previously granted put option triggered by Shenqi Digital not achieving a stock exchange listing by the end of 2025. The deal, which is subject to an independent valuation confirming the sale price is not above the agreed consideration and is expected to complete by 27 March 2026, will raise the group’s stake in Shenqi Digital from roughly 83.65% to about 89.85%, with the company stating that the transaction will not have a material impact on its overall business or operations while further consolidating its control over this core subsidiary.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
Digital China Holdings has sold 11,895,200 shares in its subsidiary DCITS via its indirect wholly owned unit DC Software between 31 December 2025 and 9 January 2026, representing about 1.22% of DCITS’ share capital, through a mix of centralized bidding and block trades for total proceeds of roughly RMB203 million (around HK$226 million). The transaction, which qualifies as a discloseable transaction under Hong Kong Listing Rules and is part of a wider plan to dispose of up to 2.95% of DCITS, allows the group to crystallise part of its unrealised gains in DCITS while retaining control and continuing to consolidate DCITS’ financials; the disposal will be treated as an equity transaction, with proceeds earmarked for business development and working capital and no gain or loss recognised in the consolidated income statement.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
Digital China Holdings Limited announced a proposed disposal of up to 28,827,300 shares in its subsidiary, Digital China Information Service Group Company Ltd. (DCITS), by its controlling shareholder, Digital China Software Co., Ltd. This disposal, representing approximately 2.9543% of DCITS’s share capital, is intended to support the group’s business development and working capital. Despite the sale, DCITS will remain a subsidiary of Digital China Holdings. The company anticipates recording a gain on this disposal, which will be reflected in its consolidated statement of changes in equity. The transaction’s completion is subject to market conditions and may require compliance with Hong Kong’s Listing Rules if certain thresholds are exceeded.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
Digital China Holdings Limited has announced the composition of its board of directors, detailing the roles and functions of its executive, non-executive, and independent non-executive directors. The announcement also outlines the membership of three key board committees: the Audit Committee, Remuneration Committee, and Nomination Committee. This update provides stakeholders with a clear view of the leadership structure, which is essential for corporate governance and strategic decision-making.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
Digital China Holdings Limited has established a Nomination Committee as part of its Board of Directors to ensure a structured and diverse approach to board nominations. This move is expected to enhance the company’s governance and strategic oversight, potentially impacting its industry positioning by promoting diversity and independence within its leadership.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.
Digital China Holdings Limited has announced the appointment of Mr. CAI Yinghua as an executive director, effective from November 28, 2025. Mr. CAI, who has been serving as the president and chief operating officer since September 2024, brings extensive experience in ICT and digital transformation to the role. This strategic appointment is expected to enhance the company’s leadership team and potentially strengthen its market position in the IT and digital transformation sectors.
The most recent analyst rating on (HK:0861) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Digital China Holdings stock, see the HK:0861 Stock Forecast page.