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Employees: 21,936
Size Digital China (0861.HK) is a Hong Kong Information Technology company (Electronics Distributors) with a market value of $410M, the 813th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.93 on 6 Nov 2026.
Performance Over six months the shares fell 13.7%, against -3.8% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 16.2% over the last twelve months (peer median +17.1%); the operating margin is 1.2% (peer median 3.6%).
Valuation It trades at 0.4× enterprise value to sales against a peer median of 0.4× (10th most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -1 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.1 points below its cost of capital (5.5% WACC).
Next results Next results expected around 1 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$22.0B | HK$22.8B | HK$18.1B | HK$20.2B | HK$20.6B |
| Revenue growth | — | +26% | -11% | -2% | — |
| Gross profit | HK$2.62B | HK$2.59B | HK$2.40B | HK$2.88B | HK$3.35B |
| EBITDA | HK$502M | HK$558M | HK$284M | HK$140M | HK$932M |
| Net income | -HK$41.7M | HK$34.1M | -HK$275M | -HK$2.03B | HK$361M |
| Free cash flow | HK$1.91B | HK$774M | HK$376M | HK$851M | HK$466M |
| Capital expenditure | HK$109M | HK$111M | HK$144M | HK$176M | HK$109M |
| Total debt | n/a | HK$3.91B | HK$3.81B | HK$3.75B | HK$4.20B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0861.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -14.6% | -13.1% | 10th lowest of 21 |
| 6-month return | -13.7% | -3.8% | 8th lowest of 21 |
| Distance from 52-week high | -51.3% | -28.4% | 4th lowest of 21 |
| Revenue growth (TTM) | +16.2% | +17.1% | 11th highest of 21 |
| Operating margin | 1.2% | 3.6% | 4th lowest of 21 |
| EV / Sales | 0.4× | 0.4× | 10th most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 1.5% | -0.9% | 5th most demanding of 11 |
| Growth delivered (Del g) | +2.8% | +2.0% | 5th highest of 11 |
| Hurdle (Req g minus delivered) | -1.3 pp | -5.2 pp | 5th most demanding of 11 |
| ROIC minus cost of capital | -4.1 pp | +3.1 pp | 4th lowest of 20 |
| Net debt / EBITDA | 3.6× | 1.5× | 5th most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Digital China 0861.HK | Hong Kong | $410M | -14% | +16% | 1% | 0.4× | 1.5% | +2.8% |
| Zenitron 3028.TW | Taiwan | $430M | -19% | +76% | 4% | 0.2× | n/a | n/a |
| Jetwell Computer 3147.TWO | Taiwan | $384M | +63% | +105% | 7% | 0.8× | -6.9% | +25.9% |
| Daitron 7609.T | Japan | $438M | +15% | +57% | 8% | 0.4× | -5.0% | +12.4% |
| Esprinet PRT.MI | Italy | $379M | -9% | +5% | 1% | 0.1× | 2.7% | -0.9% |
| Daou Data 032190.KS | South Korea | $444M | -32% | +130% | 6% | n/a | n/a | n/a |
| Shenzhen Neoway Technology 688159.SS | China | $365M | -45% | -43% | 5% | 1.7× | 25.7% | +33.3% |
| Miraini 546A.T | Japan | $470M | +11% | +32% | 3% | 0.4× | -1.0% | +16.3% |
| Promate Electronic 6189.TW | Taiwan | $354M | -10% | -10% | 4% | 0.4× | -9.8% | +2.1% |
| Dingli 300050.SZ | China | $478M | -18% | +24% | 8% | 9.2× | 27.1% | -15.4% |
| Sun-Wa Technos 8137.T | Japan | $346M | +8% | +20% | 3% | 0.3× | -0.8% | +1.9% |
| Edom Technology 3048.TW | Taiwan | $344M | +6% | +11% | 2% | 0.1× | n/a | n/a |
| Lanner Electronics 6245.TWO | Taiwan | $344M | -5% | -2% | 9% | 1.1× | n/a | n/a |
| Suzhou Chunxing Precision Mechanical 002547.SZ | China | $332M | -35% | +2% | -10% | 2.3× | 7.1% | -15.4% |
| Marubun 7537.T | Japan | $323M | +67% | +2% | 4% | 0.3× | -6.1% | -5.9% |
| S.A.S. Dragon 1184.HK | Hong Kong | $542M | +16% | +92% | 4% | 0.2× | n/a | n/a |
| STCube 052020.KS | South Korea | $308M | -71% | -17% | -368% | 51.9× | n/a | n/a |
| AB S.a. ABE.WA | Poland | $556M | +3% | +15% | 2% | 0.2× | n/a | n/a |
| Ryoden 8084.T | Japan | $558M | +45% | +13% | 3% | 0.3× | n/a | n/a |
| Shenzhen Best of Best 001298.SZ | China | $559M | -38% | +78% | 3% | 0.5× | n/a | n/a |
| Weikeng Industrial 3033.TW | Taiwan | $596M | -3% | +19% | 3% | 0.3× | n/a | n/a |