Digital China Holdings Ltd
HKEX:861

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Digital China Holdings Ltd
HKEX:861
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Price: 2.67 HKD -0.74%
Market Cap: 4B HKD

Digital China Holdings Ltd
Investor Relations

Digital China Holdings Ltd. is an investment company, which engages in the provision of information technology services. The firm operates through five segments. The Digital China Information Technology Service Company Ltd (DCITS) segment is engaged in systems integration, software development and technical service business with core bank systems and enterprise service buses as its main products. The Smart Industry Chain Business segment engages in providing one stop end-to-end supply chain products and services including big data products, logistics software and services. The Smart City Business segment is engaged in provision of big data software and solutions to build city-wide big data platforms. The Investing Business segment engages in improving the Company’s core products, services and capabilities of supply chain offering. The Other Business segment is involved in business including property investment, sales of properties and provision of financial services.

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861
Hang Seng (Hong Kong)
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Last Earnings Call
Fiscal Period
Q2 2018
Call Date
Aug 31, 2018
AI Summary
Q2 2018

Return to Profit: Digital China Holdings reported a turnaround in the first half, moving from a large loss last year to profitability.

Strong Revenue Growth: Revenue grew 21% year-over-year to HKD 6.98 billion, led by IT service and Smart Logistics.

Profit Surge: Profit attributable to shareholders was HKD 137 million, compared to a loss of HKD 452 million last year.

Gross Profit & Margin: Gross profit reached HKD 1.2 billion, up 11% year-over-year, with an 18% gross margin.

Business Mix: Smart Logistics became the second-largest revenue contributor, after IT services, with Sm@rt City also seeing strong momentum.

New Business Drag: New business revenue fell 34.8% due to fewer property sales and a deliberate reduction in financial business to control risk.

Tech & Data Focus: The company is transitioning from an IT firm to a data-driven technology company, highlighting advancements in big data, AI, and industry-specific solutions.

Key Financials
Revenue
HKD 6.98 billion
Gross Profit
HKD 1.2 billion
Gross Profit Margin
18%
Profit Attributable to Shareholders
HKD 137 million
IT Service Revenue Growth
about 20%
IT Service Gross Profit Growth
19%
IT Service Profit Attributable
HKD 134 million
New Business Revenue Change
-34.8%
Warehousing Area
more than 1 million square meters
Daily Logistics Volume
about 300,000
Smart Health Post-investment Valuation
about HKD 3.8 billion
Other Earnings Calls
2018

Management

Mr. Wei Guo
Executive Chairman & CEO
No Bio Available
Mr. Yang Lin
Executive Vice Chairman of the Board
No Bio Available
Zhengli Guo
Chief Operating Officer
No Bio Available
Mr. Yale Shen
Chief Technology Officer
No Bio Available
Mr. Sun Yang
Senior Vice President
No Bio Available
Mr. Ziqiang Wang
Company Secretary
No Bio Available

Contacts

Address
31/F., Fortis Tower, 77-79 Gloucester Road, Wanchai
Contacts
+85234168000.0
www.dcholdings.com