With the rapid development and extensive application of emerging technologies, digital transformation has become a crucial approach for enterprises to enhance competitiveness and achieve sustainable development. Against this backdrop, studying the multi-dimensional analysis of digital transformation performance holds significant theoretical and practical value. This research aims to explore the impacts of enterprise network capabilities, social capital, technological capabilities, and digital capabilities on digital performance. The fi ndings indicate that enterprise network capabilities have a signifi cant positive impact on digital capabilities and indirectly promote the improvement of digital performance through digital capabilities and technological capabilities. Technological capabilities not only directly enhance digital performance but also further improve it by strengthening digital capabilities. Digital capabilities play a key role in enhancing enterprise operational effi ciency and innovation capabil ities and have a signifi cant positive impact on digital performance. Although social capital has no significant direct impact on digital capabilities, it indirectly promotes the improvement of digital performance by enhancing technological capabilities. In addition, as a moderating variable, input negatively moderates the relationship between digital capabilities and digital performance while positively moderating the relationship between technological capabilities and digital performance. Theoretically, this study enriches the multi-dimensional analysis framework in the fi eld of digital transformation, especially providing new insight s into the mechanisms of technology, network, and social capital. Practically, the research results off er important management implications for enterprise managers, emphasizing the importance of strengthening network capability building, enhancing technological capabilities, cultivating digital capabilities, and optimizing the utilization of social capital so as to better promote enterprise digital transformation and achieve higher digital performance.