View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsOneConnect Financial Technology 将来の成長Future 基準チェック /06現在、 OneConnect Financial Technologyの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Software 収益成長85.3%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報お知らせ • Mar 17OneConnect Financial Technology Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ended December 31, 2024OneConnect Financial Technology Co., Ltd. provided consolidated earnings guidance for the year ended December 31, 2024. The group is expected to record an increase in net loss for the year ended December 31, 2024, which is mainly attributable to (i) an increase in impairment losses of goodwill of approximately RMB 120 million to RMB 150 million, and (ii) a reversal of deferred income tax assets of approximately RMB 440 million to RMB 470 million.Breakeven Date Change • May 06Forecast to breakeven in 2026The 3 analysts covering OneConnect Financial Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 9.1% per year to 2025. The company is expected to make a profit of CN¥4.00m in 2026. Average annual earnings growth of 45% is required to achieve expected profit on schedule.Major Estimate Revision • May 29Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.67b to CN¥4.18b. EPS estimate unchanged from -CN¥1.31 per share at last update. Software industry in Hong Kong expected to see average net income growth of 42% next year. Consensus price target of HK$1.26 unchanged from last update. Share price fell 15% to HK$1.10 over the past week.Breakeven Date Change • Mar 14No longer forecast to breakevenThe 6 analysts covering OneConnect Financial Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥242.0m in 2025. New consensus forecast suggests the company will make a loss of CN¥201.0m in 2025.Breakeven Date Change • Mar 13No longer forecast to breakevenThe 6 analysts covering OneConnect Financial Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥242.0m in 2025. New consensus forecast suggests the company will make a loss of CN¥201.0m in 2025.すべての更新を表示Recent updatesReported Earnings • Aug 22Second quarter 2025 earnings released: CN¥0.035 loss per share (vs CN¥0.015 loss in 2Q 2024)Second quarter 2025 results: CN¥0.035 loss per share (further deteriorated from CN¥0.015 loss in 2Q 2024). Revenue: CN¥433.4m (down 37% from 2Q 2024). Net loss: CN¥40.1m (loss widened 139% from 2Q 2024). Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Aug 11OneConnect Financial Technology Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025OneConnect Financial Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025Reported Earnings • May 29First quarter 2025 earnings released: CN¥0.033 loss per share (vs CN¥0.049 loss in 1Q 2024)First quarter 2025 results: CN¥0.033 loss per share (improved from CN¥0.049 loss in 1Q 2024). Revenue: CN¥367.8m (down 49% from 1Q 2024). Net loss: CN¥38.4m (loss narrowed 29% from 1Q 2024). Revenue is expected to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Software industry in Hong Kong are expected to grow by 21%.お知らせ • May 16OneConnect Financial Technology Co., Ltd. to Report Q1, 2025 Results on May 28, 2025OneConnect Financial Technology Co., Ltd. announced that they will report Q1, 2025 results Pre-Market on May 28, 2025Reported Earnings • Apr 27Full year 2024 earnings released: CN¥0.61 loss per share (vs CN¥0.19 loss in FY 2023)Full year 2024 results: CN¥0.61 loss per share (further deteriorated from CN¥0.19 loss in FY 2023). Revenue: CN¥2.25b (down 36% from FY 2023). Net loss: CN¥669.2m (loss widened 217% from FY 2023). Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Software industry in Hong Kong are expected to grow by 20%.お知らせ • Apr 25OneConnect Financial Technology Co., Ltd., Annual General Meeting, May 29, 2025OneConnect Financial Technology Co., Ltd., Annual General Meeting, May 29, 2025, at 10:00 China Standard Time. Location: 21floor, ping an finance center, no. 5033 yitian road, futian district, shenzhen Chinaお知らせ • Apr 11Oneconnect Financial Technology Co., Ltd. Announces Company Secretary Changes, Effective 11 April 2025The board of directors of OneConnect Financial Technology Co., Ltd. announced that Mr. Chan Tsz Fung has tendered his resignation as (i) the company secretary of the Company with effect from 11 April 2025. The Board also announced that, following the resignation of Mr. Chan, Mr. Lin Rubo and Ms. Chan Yuen Mui have been appointed as the joint company secretaries of the Company (the “Joint Company Secretaries” and each a “Joint Company Secretary”) with effect from 11 April 2025. Ms. Chan has also been appointed as an Authorised Representative with effect from 11 April 2025. The biographical details of Mr. Lin and Ms. Chan are as follows: Mr. Lin has over 20 years experience in technology, media and telecommunications industry and capital market. Prior to joining the Company, Mr. Lin served as the chief financial officer of Ping An Technology, a leading fintech company in China. Before that, Mr. Lin served in different senior management positions of various companies from 2010 to 2020, including chief financial officer of Lenovo Group Ltd’s global mobile business unit, finance general manager of WeChat business division in Tencent and chief financial officer of Shenzhen Xiaoman Technology Co. Ltd. From 1999 to 2010, Mr. Lin worked for Microsoft, Dell and IBM in U.S/China and he held various managerial roles in service finance, business control, strategic planning, digital transformation and cloud services. Mr. Lin received his master degree of business and administration from Kelley School of Business at Indiana University Bloomington in 2005 and his bachelor’s degree in international business and economics from Hunan University in 1994. Mr. Lin has served as the chief financial officer of the Company since August 2024. Ms. Chan has over 15 years of experience in corporate secretarial and commercial administration fields. She currently serves as the Manager, Entity Solutions of Computershare Hong Kong Investor Services Limited. Ms. Chan obtained a Bachelor of Business Administration degree with Honours from Hong Kong Baptist University and a Master of Corporate Governance degree from The Hong Kong Polytechnic University. She is an associate member of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.Reported Earnings • Mar 19Full year 2024 earnings releasedFull year 2024 results: Revenue: CN¥2.25b (down 39% from FY 2023). Net loss: CN¥669.2m (loss widened 85% from FY 2023). Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Software industry in Hong Kong are expected to grow by 19%.お知らせ • Mar 17OneConnect Financial Technology Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ended December 31, 2024OneConnect Financial Technology Co., Ltd. provided consolidated earnings guidance for the year ended December 31, 2024. The group is expected to record an increase in net loss for the year ended December 31, 2024, which is mainly attributable to (i) an increase in impairment losses of goodwill of approximately RMB 120 million to RMB 150 million, and (ii) a reversal of deferred income tax assets of approximately RMB 440 million to RMB 470 million.お知らせ • Mar 06OneConnect Financial Technology Co., Ltd. to Report Q4, 2024 Results on Mar 18, 2025OneConnect Financial Technology Co., Ltd. announced that they will report Q4, 2024 results on Mar 18, 2025New Risk • Feb 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Feb 13Oneconnect Financial Technology Co., Ltd Integrates DeepSeek into AI Agent PlatformOneConnect Financial Technology Co., Ltd. launched its proprietary AI Agent Platform, integrating cutting-edge open-source large language models including DeepSeek and Qwen to deliver a comprehensive AI solution tailored specifically for the banking industry. This innovative initiative aims to accelerate the digital transformation of the banking sector, enabling financial institutions to enhance operational efficiency and improve customer experience through advanced AI capabilities. By adopting a dual-engine strategy--Open-source Large Language Model + AI Agent Platform--OneConnect leverages the broad capabilities of open-source large language models while optimizing them to meet the unique requirements of the banking business. This combination ensures that the platform is highly adaptable, enabling advanced semantic comprehension, logical reasoning, and multi-turn interactions in real-world banking scenarios. In line with its commitment to security and regulatory compliance, OneConnect's AI solutions prioritize data security through local deployment. Additionally, the company employs model compression and knowledge distillation technologies to reduce computational costs, providing banks with more cost-effective and efficient AI solutions. OneConnect's modular toolchain and low-code development support empower banks to seamlessly integrate AI into existing systems across digital operations, management, and business-specific scenarios, significantly enhancing overall operational flexibility and efficiency. To date, OneConnect's AI solutions have been successfully implemented in various banking scenarios, including wealth management, corporate lending, remote banking, and office assistance, bringing the future of intelligent banking within reach and setting the stage for further industry innovation.分析記事 • Feb 11OneConnect Financial Technology Co., Ltd. (HKG:6638) Shares Fly 26% But Investors Aren't Buying For GrowthOneConnect Financial Technology Co., Ltd. ( HKG:6638 ) shareholders would be excited to see that the share price has...Board Change • Feb 07Less than half of directors are independentFollowing Chairman & CEO Dangyang Chen's arrival on 01 February 2025, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Ernest Ip was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Feb 06OneConnect Financial Technology Co., Ltd. Announces CEO ChangesThe Board of OneConnect Financial Technology Co., Ltd. announced that Mr. Chen Dangyang has been appointed as chief executive officer, effective February 5, 2025. Mr. Chen, aged 45, served at Ping An Property & Casualty Insurance Company of China, Ltd. ("Ping An Property and Casualty Insurance") from September 2021 to February 2025, during which he has undertaken the positions of director of technology center and assistant president. He was responsible for promoting digital transformation, including implementing technological regulatory requirements, building scientific and technological data capabilities and managing technical teams and talent. Ping An Property & Casualty Insurance is a subsidiary of Ping An Insurance (Group) Company of China, Ltd. ("Ping An" and with its subsidiaries, "Ping An Group"). Ping An is a company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange and 82318 (RMB counter)), and is a controlling shareholder of the Company. Prior to joining Ping An Group, Mr. Chen served as the chief technology officer of the insurance business group of Ant Group Co., Ltd. from June 2015 to September 2021. From August 2007 to June 2015, Mr. Chen held various positions at China CITIC Bank Corporation Limited, including serving as senior research and development engineer, assistant president at the cloud computing application research and development department, deputy director and chief application architect at the chief engineer's office. Mr. Chen received his doctorate degree in engineering and his bachelor's degree in engineering from Beihang University in July 2007 and July 2002, respectively. The Board announced that due to personal reasons, Mr. Chongfeng Shen ("Mr. Shen") has resigned as chief executive officer, effective February 5, 2025.お知らせ • Feb 05OneConnect Financial Technology Co., Ltd. Announces Board ChangesThe Board of OneConnect Financial Technology Co., Ltd. announced that Mr. Chen Dangyang has been appointed as an executive Director and chairman of the Board with effect from February 5, 2025. Mr. Chen, aged 45, served at Ping An Property & Casualty Insurance Company of China, Ltd. ("Ping An Property and Casualty Insurance") from September 2021 to February 2025, during which he has undertaken the positions of director of technology center and assistant president. He was responsible for promoting digital transformation, including implementing technological regulatory requirements, building scientific and technological data capabilities and managing technical teams and talent. Ping An Property & Casualty Insurance is a subsidiary of Ping An Insurance (Group) Company of China, Ltd. ("Ping An" and with its subsidiaries, "Ping An Group"). Ping An is a company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange and 82318 (RMB counter)), and is a controlling shareholder of the Company. Prior to joining Ping An Group, Mr. Chen served as the chief technology officer of the insurance business group of Ant Group Co., Ltd. from June 2015 to September 2021. From August 2007 to June 2015, Mr. Chen held various positions at China CITIC Bank Corporation Limited, including serving as senior research and development engineer, assistant president at the cloud computing application research and development department, deputy director and chief application architect at the chief engineer's office. Mr. Chen received his doctorate degree in engineering and his bachelor's degree in engineering from Beihang University in July 2007 and July 2002, respectively. The Board announced that Mr. Chongfeng Shen ("Mr. Shen") has resigned as an executive Director and chairman of the Board with effect from February 5, 2025. Mr. Shen has confirmed that (i) he has no disagreement with the Board; and (ii) there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders") or The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"). The Board announced that Mr. Shen has ceased to be an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and Mr. Chen has been appointed as an authorized representative of the Company under the Listing Rules with effect from February 5, 2025.分析記事 • Jan 14Is OneConnect Financial Technology (HKG:6638) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Nov 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$760.5m (US$97.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥18m net loss in 2 years). Market cap is less than US$100m (HK$760.5m market cap, or US$97.7m).Reported Earnings • Nov 16Third quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.083 loss in 3Q 2023)Third quarter 2024 results: CN¥0.03 loss per share (improved from CN¥0.083 loss in 3Q 2023). Revenue: CN¥417.1m (down 51% from 3Q 2023). Net loss: CN¥29.5m (loss narrowed 68% from 3Q 2023). Revenue is expected to decline by 6.0% p.a. on average during the next 3 years, while revenues in the Software industry in Hong Kong are expected to grow by 20%.お知らせ • Nov 04OneConnect Financial Technology Co., Ltd. to Report Q3, 2024 Results on Nov 14, 2024OneConnect Financial Technology Co., Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024分析記事 • Sep 29OneConnect Financial Technology Co., Ltd. (HKG:6638) Stock Catapults 31% Though Its Price And Business Still Lag The IndustryOneConnect Financial Technology Co., Ltd. ( HKG:6638 ) shareholders would be excited to see that the share price has...New Risk • Sep 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥40m net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$620.1m market cap, or US$79.8m).お知らせ • Aug 19OneConnect Financial Technology Co., Ltd. Announces Chief Financial Officer Changes, Effective August 20, 2024OneConnect Financial Technology Co., Ltd. announced that Mr. Yongtao Luo (‘Mr. Luo’) resigned as the chief financial officer of the Company for personal reasons, effective from August 20, 2024. Mr. Rubo Lin (Michael) (‘Mr. Lin’) will succeed Mr. Luo as the chief financial officer of the Company, effective from the same date. Mr. Lin has over 20 years experience in technology, media and telecommunications industry and capital market. Prior to joining the Company, Mr. Lin served as the chief financial officer of Ping An Technology. Before that, Mr. Lin served in different senior management positions of various companies from 2010 to 2020, including chief financial officer of Lenovo Group Ltd.'s global mobile business unit, finance general manager of WeChat business division in Tencent and chief financial officer of Shenzhen Xiaoman Technology Co. Ltd. from 1999 to 2010, Mr. Lin worked for Microsoft, Dell and IBM in U.S/China and he held various managerial roles in service finance, business control, strategic planning, digital transformation and cloud services. Mr. Lin received his master degree of business and administration from Kelley School of Business at Indiana University Bloomington in 2005 and his bachelor's degree in international business and economics from Hunan University in 1994.Reported Earnings • Aug 17Second quarter 2024 earnings released: CN¥0.016 loss per share (vs CN¥0.075 loss in 2Q 2023)Second quarter 2024 results: CN¥0.016 loss per share (improved from CN¥0.075 loss in 2Q 2023). Revenue: CN¥692.5m (down 29% from 2Q 2023). Net loss: CN¥16.8m (loss narrowed 79% from 2Q 2023). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Software industry in Hong Kong are expected to grow by 18%.お知らせ • Aug 06OneConnect Financial Technology Co., Ltd. to Report Q2, 2024 Results on Aug 16, 2024OneConnect Financial Technology Co., Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 16, 2024New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (HK$544.0m market cap, or US$69.7m).分析記事 • Jul 02Improved Revenues Required Before OneConnect Financial Technology Co., Ltd. (HKG:6638) Shares Find Their FeetOneConnect Financial Technology Co., Ltd.'s ( HKG:6638 ) price-to-sales (or "P/S") ratio of 0.1x may look like a pretty...お知らせ • May 10OneConnect Financial Technology Co., Ltd. to Report Q1, 2024 Results on May 21, 2024OneConnect Financial Technology Co., Ltd. announced that they will report Q1, 2024 results Pre-Market on May 21, 2024Breakeven Date Change • May 06Forecast to breakeven in 2026The 3 analysts covering OneConnect Financial Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 9.1% per year to 2025. The company is expected to make a profit of CN¥4.00m in 2026. Average annual earnings growth of 45% is required to achieve expected profit on schedule.Reported Earnings • Apr 26Full year 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.80 loss in FY 2022)Full year 2023 results: CN¥0.33 loss per share (improved from CN¥0.80 loss in FY 2022). Revenue: CN¥3.67b (down 18% from FY 2022). Net loss: CN¥362.7m (loss narrowed 58% from FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 17% growth forecast for the Software industry in Hong Kong.お知らせ • Apr 25OneConnect Financial Technology Co., Ltd., Annual General Meeting, May 28, 2024OneConnect Financial Technology Co., Ltd., Annual General Meeting, May 28, 2024, at 10:00 China Standard Time. Location: 21F, Ping An Finance Center, No. 5033 Yitian Road, Shenzhen Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and the reports of the directors of the Company (the "Directors") and auditor for the year ended December 31, 2023; to re-elect Mr. Chongfeng Shen as an executive Director; to re-elect Mr. Michael Guo as a non-executive Director; to re-elect Ms. Wenjun Wang as a non-executive Director; to re-elect Mr. Wing Kin Anthony Chow as an independent non-executive Director; to re-elect Mr. Koon Wing Ernest Ip as an independent non-executive Director; to authorize the board (the "Board") of Directors to fix the remuneration of the Directors; to re-appoint PricewaterhouseCoopers as auditor and to authorize the Board to fix its remuneration; and to consider other matters.Reported Earnings • Mar 19Full year 2023 earnings released: CN¥9.99 loss per share (vs CN¥0.80 loss in FY 2022)Full year 2023 results: CN¥9.99 loss per share. Revenue: CN¥3.67b (down 18% from FY 2022). Net loss: CN¥362.7m (loss narrowed 58% from FY 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Software industry in Hong Kong.お知らせ • Mar 07OneConnect Financial Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 18, 2024OneConnect Financial Technology Co., Ltd. announced that they will report fiscal year 2023 results Pre-Market on Mar 18, 2024お知らせ • Feb 23OneConnect Financial Technology Co., Ltd. Announces Board ChangesOneConnect Financial Technology Co., Ltd. announces that with effect from February 23, 2024, Ms. Yanjing Jia ("Ms. Jia") and Ms. Wing Shan Winza Tang have resigned as the joint company secretaries of the Company. Following the resignation of Ms. Jia and Ms. Tang, the Board announced that Mr. Chan Tsz Fung has been appointed as the company secretary with effect from February 23, 2024. The biographical details of Mr. Chan are set out below: Mr. Chan Tsz Fung joined the Group in April 2019 and currently serves as head of board office and head of investor relations. Mr. Chan was previously strategy director and project management director of the Group. Prior to joining us, Mr. Chan served as consultant at Boston Consulting Group, prior to which he served as vice president in a reputable investment bank and had worked for various international financial institutions and business organizations. Mr. Chan holds a Master of Business Administration degree in finance from Kellogg School of Management, Northwestern University, a Bachelor of Laws degree from the University of London, and a Bachelor of Business Administration degree in finance and accounting from the Hong Kong University of Science and Technology. Mr. Chan is an associate member of Hong Kong Institute of Certified Public Accountants and a Chartered Financial Analyst (CFA) charterholder and a certified Financial Risk Manager. Mr. Chan possesses the academic or professional qualifications of a company secretary as required under Rule 3.28 of the Listing Rules. Following the resignation of Ms. Tang, she has also ceased to be an Authorized Representative with effect from February 23, 2024. The Board announces that Mr. Chan, the newly appointed Company Secretary, has been appointed as an Authorized Representative with effect from February 23, 2024. With effect from February 23, 2024, the Authorized Representatives of the Company are Mr. Chongfeng Shen and Mr. Chan.分析記事 • Feb 14Why Investors Shouldn't Be Surprised By OneConnect Financial Technology Co., Ltd.'s (HKG:6638) 25% Share Price PlungeThe OneConnect Financial Technology Co., Ltd. ( HKG:6638 ) share price has fared very poorly over the last month...New Risk • Jan 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$760.5m (US$97.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥287m net loss in 2 years). Market cap is less than US$100m (HK$760.5m market cap, or US$97.3m).Reported Earnings • Nov 15Third quarter 2023 earnings released: CN¥2.50 loss per share (vs CN¥0.12 loss in 3Q 2022)Third quarter 2023 results: CN¥2.50 loss per share. Revenue: CN¥843.6m (down 21% from 3Q 2022). Net loss: CN¥90.9m (loss narrowed 31% from 3Q 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong.New Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥307m net loss in 2 years).お知らせ • Nov 03Oneconnect Financial Technology Co., Ltd. Announces Executive ChangesOneConnect Financial Technology Co., Ltd. announced that with effect from November 2, 2023, (i) Ms. Rong Chen has resigned as an executive Director and a co-general manager, and has ceased to be a member of the compensation and nomination committee; (ii) Mr. Min Zhu has resigned as a non-executive Director; and (iii) Ms. Sin Yin Tan has resigned as a non-executive Director. The Board announced that Mr. Michael Guo has been appointed as a non-executive Director with effect from November 2, 2023. Mr. Guo, aged 51, is currently serving as the co-chief executive officer of Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries. Mr. Guo joined Ping An Group in September 2019 and served as the Executive Vice President of Ping An Property & Casualty Insurance Company of China, Ltd. and the Chief Human Resources Officer of Ping An Group. Ping An is a company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange (stock code: 2318), and is a controlling shareholder of the Company. Prior to joining Ping An Group, Mr. Guo served as a Partner and a Managing Director at Boston Consulting Group. Mr. Guo obtained his bachelor's degree in Information and Control Engineering from Xi'an Jiaotong University and MBA degree from the University of New South Wales. Following the resignation of Ms. Rong Chen, Mr. Guo has been appointed as a member of the compensation and nomination committee of the Board of the Company with effect from November 2, 2023.お知らせ • Nov 02OneConnect Financial Technology Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023OneConnect Financial Technology Co., Ltd. announced that they will report Q3, 2023 results After-Market on Nov 13, 2023Reported Earnings • Sep 07Second quarter 2023 earnings released: CN¥0.075 loss per share (vs CN¥0.22 loss in 2Q 2022)Second quarter 2023 results: CN¥0.075 loss per share (improved from CN¥0.22 loss in 2Q 2022). Revenue: CN¥973.4m (down 14% from 2Q 2022). Net loss: CN¥81.6m (loss narrowed 67% from 2Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.Reported Earnings • Aug 17Second quarter 2023 earnings released: CN¥2.25 loss per share (vs CN¥0.22 loss in 2Q 2022)Second quarter 2023 results: CN¥2.25 loss per share. Revenue: CN¥973.4m (down 14% from 2Q 2022). Net loss: CN¥81.6m (loss narrowed 67% from 2Q 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Software industry in Hong Kong.お知らせ • Aug 03OneConnect Financial Technology Co., Ltd. to Report Q2, 2023 Results on Aug 16, 2023OneConnect Financial Technology Co., Ltd. announced that they will report Q2, 2023 results Pre-Market on Aug 16, 2023分析記事 • Jul 20OneConnect Financial Technology Co., Ltd. (HKG:6638) Not Doing Enough For Some Investors As Its Shares Slump 26%OneConnect Financial Technology Co., Ltd. ( HKG:6638 ) shareholders that were waiting for something to happen have been...New Risk • Jun 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥374m net loss in 2 years).Major Estimate Revision • May 29Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.67b to CN¥4.18b. EPS estimate unchanged from -CN¥1.31 per share at last update. Software industry in Hong Kong expected to see average net income growth of 42% next year. Consensus price target of HK$1.26 unchanged from last update. Share price fell 15% to HK$1.10 over the past week.Reported Earnings • May 23First quarter 2023 earnings released: CN¥3.00 loss per share (vs CN¥0.29 loss in 1Q 2022)First quarter 2023 results: CN¥3.00 loss per share. Revenue: CN¥925.9m (down 9.1% from 1Q 2022). Net loss: CN¥108.9m (loss narrowed 66% from 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Software industry in Hong Kong.お知らせ • May 11OneConnect Financial Technology Co., Ltd. to Report Q1, 2023 Results on May 22, 2023OneConnect Financial Technology Co., Ltd. announced that they will report Q1, 2023 results on May 22, 2023Reported Earnings • Mar 14Full year 2022 earnings releasedFull year 2022 results: Revenue: CN¥4.46b (up 8.0% from FY 2021). Net loss: CN¥872.3m (loss narrowed 32% from FY 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Software industry in Hong Kong.Breakeven Date Change • Mar 14No longer forecast to breakevenThe 6 analysts covering OneConnect Financial Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥242.0m in 2025. New consensus forecast suggests the company will make a loss of CN¥201.0m in 2025.Breakeven Date Change • Mar 13No longer forecast to breakevenThe 6 analysts covering OneConnect Financial Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥242.0m in 2025. New consensus forecast suggests the company will make a loss of CN¥201.0m in 2025.Reported Earnings • Nov 16Third quarter 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.24 loss in 3Q 2021)Third quarter 2022 results: CN¥0.12 loss per share (improved from CN¥0.24 loss in 3Q 2021). Revenue: CN¥1.07b (flat on 3Q 2021). Net loss: CN¥132.6m (loss narrowed 51% from 3Q 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Software industry in Hong Kong.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Ernest Ip was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 13Third quarter 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.24 loss in 3Q 2021)Third quarter 2022 results: CN¥0.12 loss per share (improved from CN¥0.24 loss in 3Q 2021). Revenue: CN¥1.07b (flat on 3Q 2021). Net loss: CN¥132.6m (loss narrowed 51% from 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Software industry in Hong Kong.お知らせ • Nov 11OneConnect Financial Technology Co., Ltd. Announces Management ChangesOneConnect Financial Technology Co., Ltd. announced that Dr. Wangchun Ye has resigned as an executive Director with effect from November 10, 2022 and announced that Ms. Xin Fu has been appointed as a non-executiveDirector with effect from November 10, 2022. Ms. Fu, aged 42, is currently serving as the chief operating officer and director of the strategic development center of Ping An Insurance (Group) Company of China, Ltd. (Ping An) and its subsidiaries (“Ping An Group”). She joined Ping An Group in October 2017 as the general manager of its planning department, and served as the deputy chief financial officer of Ping An Group between March 2020 and March 2022. Ping An is a company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange and is a controlling shareholder of the Company. Prior to joining Ping An Group, Ms. Fu served as a partner of Roland Berger Management consulting in financial services practices, and as an executive director of PricewaterhouseCoopers, responsible for coordinating projects such as in finance and fintech services for over 10 years. Ms. Fu received a master’s degree in business administration from Shanghai Jiao Tong University, PRC, in June 2012.お知らせ • Nov 04OneConnect Financial Technology Announces Receipt of Notice Regarding NYSE Continued Listing StandardsOn November 3, 2022, OneConnect Financial Technology Co., Ltd. announced that it received a letter from the New York Stock Exchange (the ‘NYSE’) dated October 6, 2022, notifying the Company that it is below the NYSE’s continued listing standards due to the trading price of OneConnect’s American depositary shares (the ‘ADSs’). The notice has no immediate impact on the listing of the Company’s ADSs, which will continue to be listed and traded on the NYSE, subject to the Company’s compliance with other NYSE continued listing standards and other rights of the NYSE to delist the ADSs. The NYSE notification does not affect the Company’s business operations, its U.S. Securities and Exchange Commission reporting requirements or contractual obligations. Pursuant to Section 802.01C of the NYSE’s Listed Company Manual, a company will be considered to be below compliance standards if the average closing price of its security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period. The Company has six months (the ‘Cure Period’) following receipt of the notice to regain compliance with the minimum share price requirement. The Company can regain compliance at any time during the Cure Period if on the last trading day of any calendar month during the Cure Period the Company has a closing share price of at least $1.00 per ADS and an average closing share price of at least $1.00 per ADS over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the six-month Cure Period, both a $1.00 per ADS closing share price on the last trading day of the Cure Period and a $1.00 per ADS average closing share price over the 30 trading-day period ending on the last trading day of the Cure Period are not attained, the NYSE will commence suspension and delisting procedures. The Company has been closely monitoring the closing share price of its ADSs and plans to take reasonable measures to regain compliance with the NYSE listing standards, including through effecting an ADS ratio change if needed.お知らせ • Nov 01OneConnect Financial Technology Co., Ltd. to Report Q3, 2022 Results on Nov 10, 2022OneConnect Financial Technology Co., Ltd. announced that they will report Q3, 2022 results at 9:30 AM, China Standard Time on Nov 10, 2022お知らせ • Oct 18Yiming Fei Will No Longer Serve as the Board Secretary of OneConnect Financial Technology Co., LtdOneConnect Financial Technology Co., Ltd. announced that Mr. Yiming Fei will no longer serve as the board secretary of the Company, effective October 17, 2022.お知らせ • Sep 19Oneconnect Financial Technology Co., Ltd. Announces That It Will Help Develop the Abu Dhabi Global Market (Adgm) Sme Financing PlatformOneConnect Financial Technology Co., Ltd. announced that it will help develop the Abu Dhabi Global Market (ADGM) SME Financing Platform, an integrated digital finance marketplace that will transform the financing services landscape for small and medium enterprises (SMEs) in the United Arab Emirates (UAE). Working with ADGM, the international financial centre in the capital of the UAE, the intelligent marketplace will help advance financial inclusion, enhance transparency, alleviate operational costs in SME finance and improve the overall customer experience for SMEs and funding organizations. The ADGM SME Financing Platform will be an open and inclusive digital finance platform that improves SMEs' access to financing. As a marketplace connecting various key stakeholders such as SMEs, multi-lenders and data sources from government agencies, and supported by a robust loan origination process which enables seamless transfer of data, the platform will enable better, faster and more risk-appropriate financing decisions to be made. The entire loan application process is made agile and simplified through the use of digital tools such as e-contracts and e-signatures. Earlier, OneConnect had worked with ADGM to launch the Digital Lab in early 2021. The Digital Lab is UAE's first Open API platform that allows financial institutions and FinTech innovators to collaborate and build the next generation of digital financial services.分析記事 • Aug 20Calculating The Fair Value Of OneConnect Financial Technology Co., Ltd. (HKG:6638)In this article we are going to estimate the intrinsic value of OneConnect Financial Technology Co., Ltd. ( HKG:6638...Reported Earnings • Aug 18Second quarter 2022 earnings released: CN¥0.67 loss per share (vs CN¥0.32 loss in 2Q 2021)Second quarter 2022 results: CN¥0.67 loss per share. Revenue: CN¥1.13b (up 17% from 2Q 2021). Net loss: CN¥244.8m (loss narrowed 30% from 2Q 2021). Over the next year, revenue is forecast to grow 19%, compared to a 28% growth forecast for the Software industry in Hong Kong.お知らせ • Aug 18OneConnect Financial Technology Co., Ltd. Announces Executive ChangesOneConnect Financial Technology Co., Ltd. announced that due to family reasons, with effect from August 17, 2022, Dr. Wangchun Ye, an executive Director and chairman of the Board, has ceased to be the Chairman; and Mr. Chongfeng Shen, an executive Director and chief executive officer of the Company, has been appointed as the Chairman. Dr. Wangchun Ye has more than 40 years of experience in finance, working at Ping An Bank, Huaxia Bank, Industrial Commercial Bank of China and People’s Bank of China successively. Dr. Ye joined the Company in December 2015 as one of core leaders of the founding members of the Company. As the Chairman and chief executive officer, Dr. Ye led the Company to incubate model, develop products and expand market and helped the Company establish a unique business model of “technology + business”, allowing the Company to become a leading business technology service provider in financial services sector in China. Under the leadership of Dr. Ye, the Company completed the its Series A financing in the third year after its establishment, embracing the first stage of rapid development and was listed on New York Stock Exchange in the fourth year. Dr. Ye enabled the Company to make continuous breakthroughs and innovation, and Company implemented strategic upgrade in the sixth year which allowed to enter into second stage of customer deepening, and achieved dual primary listing on the Main Board of Hong Kong Stock Exchange in the seventh year.お知らせ • Aug 06OneConnect Financial Technology Co., Ltd. to Report Q2, 2022 Results on Aug 17, 2022OneConnect Financial Technology Co., Ltd. announced that they will report Q2, 2022 results Pre-Market on Aug 17, 2022お知らせ • Jul 22OneConnect Financial Technology Co., Ltd. Announces the Launch of All-In-One Digital Banking Solutions Suite, OneCosmoOneConnect Financial Technology Co., Ltd. announced the launch of OneCosmo, a one-stop omni platform for all-in-one digital banking solutions jointly developed with Brazil-based tech company Pismo, one of the fastest growing banking Software-as-a-Service (SaaS) firms. The launch of OneCosmo is the result of the joint product offerings of OneConnect and Pismo, having embarked on a strategic partnership earlier in April 2022. Leveraging next-generation technology such as artificial intelligence (AI), machine learning (ML), blockchain, and SaaS, the suite of solutions provided by OneCosmo is geared towards offering a highly scalable and easily integratable solution for banks and financial institutions to build digital banking capabilities. The solutions offered by OneCosmo span a wide range of services, from digital identity verification and core banking to digital payments, and digital lending. The platform also allows integration across different third-party service providers, using its highly flexible APIs (Application Processing Interfaces) and microservices. Prospective users of OneCosmo will also be able to fully onboard themselves onto its platform within a matter of weeks due to pre-integrated and pre-configured features, while allowing financial institutions the flexibility of customisation to their required specifications. OneCosmo will also enable financial institutions to leverage real-time data streaming, allowing for greater insight into consumer behaviour through data analysis. OneCosmo allows for flexibility in working with legacy technology, offering financial institutions the freedom to customise the solutions suite to cater to their individual needs. To date, the Pismo's technology incorporated in OneCosmo's solution has been utilised by more than 50 million customers. OneCosmo is currently available in Southeast Asian countries including Thailand, Malaysia, Indonesia, The Philippines, and Singapore, with a view to extend its offerings to financial institutions within the Middle East.Board Change • Jul 05Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Ernest Ip was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、OneConnect Financial Technology は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SEHK:6638 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/20251,633-677-202-189N/A3/31/20251,893-654-379-351N/A12/31/20242,248-669-304-277N/A9/30/20242,861-298-195-158N/A6/30/20243,104-168-350-314N/A3/31/20243,351-193-188-150N/A12/31/20233,522-211-686-648N/A9/30/20233,882-342-715-647N/A6/30/20234,144-424-635-586N/A3/31/20234,339-627-308-241N/A12/31/20224,464-872-814-746N/A9/30/20224,502-1,053-558-430N/A6/30/20224,498-1,190-7131N/A3/31/20224,332-1,295-1,150-1,062N/A12/31/20214,132-1,282-532-404N/A9/30/20213,928-1,288-433-168N/A6/30/20213,745-1,262-1,069-812N/A3/31/20213,551-1,244-882-576N/A12/31/20203,312-1,354-969-704N/A9/30/20203,009-1,608-1,974-1,776N/A6/30/20202,713-1,651-2,181-1,911N/A3/31/20202,460-1,660-2,117-1,803N/A12/31/20192,328-1,661-2,132-1,817N/A9/30/20192,066-1,662-2,119-1,826N/A6/30/20191,843-1,590-1,559-1,166N/A3/31/20191,592-1,431N/A-917N/A12/31/20181,413-1,196N/A-489N/A12/31/2017582-607N/A-229N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6638の予測収益成長が 貯蓄率 ( 2.8% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 6638の収益がHong Kong市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 6638の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 6638の収益がHong Kong市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 6638の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6638の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YSoftware 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/11/24 10:40終値2025/10/30 00:00収益2025/06/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋OneConnect Financial Technology Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9 アナリスト機関Yue Hang ChanBofA Global ResearchJudy ZhangCitigroup IncYushen WangCLSA6 その他のアナリストを表示
お知らせ • Mar 17OneConnect Financial Technology Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ended December 31, 2024OneConnect Financial Technology Co., Ltd. provided consolidated earnings guidance for the year ended December 31, 2024. The group is expected to record an increase in net loss for the year ended December 31, 2024, which is mainly attributable to (i) an increase in impairment losses of goodwill of approximately RMB 120 million to RMB 150 million, and (ii) a reversal of deferred income tax assets of approximately RMB 440 million to RMB 470 million.
Breakeven Date Change • May 06Forecast to breakeven in 2026The 3 analysts covering OneConnect Financial Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 9.1% per year to 2025. The company is expected to make a profit of CN¥4.00m in 2026. Average annual earnings growth of 45% is required to achieve expected profit on schedule.
Major Estimate Revision • May 29Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.67b to CN¥4.18b. EPS estimate unchanged from -CN¥1.31 per share at last update. Software industry in Hong Kong expected to see average net income growth of 42% next year. Consensus price target of HK$1.26 unchanged from last update. Share price fell 15% to HK$1.10 over the past week.
Breakeven Date Change • Mar 14No longer forecast to breakevenThe 6 analysts covering OneConnect Financial Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥242.0m in 2025. New consensus forecast suggests the company will make a loss of CN¥201.0m in 2025.
Breakeven Date Change • Mar 13No longer forecast to breakevenThe 6 analysts covering OneConnect Financial Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥242.0m in 2025. New consensus forecast suggests the company will make a loss of CN¥201.0m in 2025.
Reported Earnings • Aug 22Second quarter 2025 earnings released: CN¥0.035 loss per share (vs CN¥0.015 loss in 2Q 2024)Second quarter 2025 results: CN¥0.035 loss per share (further deteriorated from CN¥0.015 loss in 2Q 2024). Revenue: CN¥433.4m (down 37% from 2Q 2024). Net loss: CN¥40.1m (loss widened 139% from 2Q 2024). Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Software industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Aug 11OneConnect Financial Technology Co., Ltd. to Report First Half, 2025 Results on Aug 21, 2025OneConnect Financial Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 21, 2025
Reported Earnings • May 29First quarter 2025 earnings released: CN¥0.033 loss per share (vs CN¥0.049 loss in 1Q 2024)First quarter 2025 results: CN¥0.033 loss per share (improved from CN¥0.049 loss in 1Q 2024). Revenue: CN¥367.8m (down 49% from 1Q 2024). Net loss: CN¥38.4m (loss narrowed 29% from 1Q 2024). Revenue is expected to decline by 3.0% p.a. on average during the next 2 years, while revenues in the Software industry in Hong Kong are expected to grow by 21%.
お知らせ • May 16OneConnect Financial Technology Co., Ltd. to Report Q1, 2025 Results on May 28, 2025OneConnect Financial Technology Co., Ltd. announced that they will report Q1, 2025 results Pre-Market on May 28, 2025
Reported Earnings • Apr 27Full year 2024 earnings released: CN¥0.61 loss per share (vs CN¥0.19 loss in FY 2023)Full year 2024 results: CN¥0.61 loss per share (further deteriorated from CN¥0.19 loss in FY 2023). Revenue: CN¥2.25b (down 36% from FY 2023). Net loss: CN¥669.2m (loss widened 217% from FY 2023). Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Software industry in Hong Kong are expected to grow by 20%.
お知らせ • Apr 25OneConnect Financial Technology Co., Ltd., Annual General Meeting, May 29, 2025OneConnect Financial Technology Co., Ltd., Annual General Meeting, May 29, 2025, at 10:00 China Standard Time. Location: 21floor, ping an finance center, no. 5033 yitian road, futian district, shenzhen China
お知らせ • Apr 11Oneconnect Financial Technology Co., Ltd. Announces Company Secretary Changes, Effective 11 April 2025The board of directors of OneConnect Financial Technology Co., Ltd. announced that Mr. Chan Tsz Fung has tendered his resignation as (i) the company secretary of the Company with effect from 11 April 2025. The Board also announced that, following the resignation of Mr. Chan, Mr. Lin Rubo and Ms. Chan Yuen Mui have been appointed as the joint company secretaries of the Company (the “Joint Company Secretaries” and each a “Joint Company Secretary”) with effect from 11 April 2025. Ms. Chan has also been appointed as an Authorised Representative with effect from 11 April 2025. The biographical details of Mr. Lin and Ms. Chan are as follows: Mr. Lin has over 20 years experience in technology, media and telecommunications industry and capital market. Prior to joining the Company, Mr. Lin served as the chief financial officer of Ping An Technology, a leading fintech company in China. Before that, Mr. Lin served in different senior management positions of various companies from 2010 to 2020, including chief financial officer of Lenovo Group Ltd’s global mobile business unit, finance general manager of WeChat business division in Tencent and chief financial officer of Shenzhen Xiaoman Technology Co. Ltd. From 1999 to 2010, Mr. Lin worked for Microsoft, Dell and IBM in U.S/China and he held various managerial roles in service finance, business control, strategic planning, digital transformation and cloud services. Mr. Lin received his master degree of business and administration from Kelley School of Business at Indiana University Bloomington in 2005 and his bachelor’s degree in international business and economics from Hunan University in 1994. Mr. Lin has served as the chief financial officer of the Company since August 2024. Ms. Chan has over 15 years of experience in corporate secretarial and commercial administration fields. She currently serves as the Manager, Entity Solutions of Computershare Hong Kong Investor Services Limited. Ms. Chan obtained a Bachelor of Business Administration degree with Honours from Hong Kong Baptist University and a Master of Corporate Governance degree from The Hong Kong Polytechnic University. She is an associate member of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.
Reported Earnings • Mar 19Full year 2024 earnings releasedFull year 2024 results: Revenue: CN¥2.25b (down 39% from FY 2023). Net loss: CN¥669.2m (loss widened 85% from FY 2023). Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Software industry in Hong Kong are expected to grow by 19%.
お知らせ • Mar 17OneConnect Financial Technology Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ended December 31, 2024OneConnect Financial Technology Co., Ltd. provided consolidated earnings guidance for the year ended December 31, 2024. The group is expected to record an increase in net loss for the year ended December 31, 2024, which is mainly attributable to (i) an increase in impairment losses of goodwill of approximately RMB 120 million to RMB 150 million, and (ii) a reversal of deferred income tax assets of approximately RMB 440 million to RMB 470 million.
お知らせ • Mar 06OneConnect Financial Technology Co., Ltd. to Report Q4, 2024 Results on Mar 18, 2025OneConnect Financial Technology Co., Ltd. announced that they will report Q4, 2024 results on Mar 18, 2025
New Risk • Feb 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Feb 13Oneconnect Financial Technology Co., Ltd Integrates DeepSeek into AI Agent PlatformOneConnect Financial Technology Co., Ltd. launched its proprietary AI Agent Platform, integrating cutting-edge open-source large language models including DeepSeek and Qwen to deliver a comprehensive AI solution tailored specifically for the banking industry. This innovative initiative aims to accelerate the digital transformation of the banking sector, enabling financial institutions to enhance operational efficiency and improve customer experience through advanced AI capabilities. By adopting a dual-engine strategy--Open-source Large Language Model + AI Agent Platform--OneConnect leverages the broad capabilities of open-source large language models while optimizing them to meet the unique requirements of the banking business. This combination ensures that the platform is highly adaptable, enabling advanced semantic comprehension, logical reasoning, and multi-turn interactions in real-world banking scenarios. In line with its commitment to security and regulatory compliance, OneConnect's AI solutions prioritize data security through local deployment. Additionally, the company employs model compression and knowledge distillation technologies to reduce computational costs, providing banks with more cost-effective and efficient AI solutions. OneConnect's modular toolchain and low-code development support empower banks to seamlessly integrate AI into existing systems across digital operations, management, and business-specific scenarios, significantly enhancing overall operational flexibility and efficiency. To date, OneConnect's AI solutions have been successfully implemented in various banking scenarios, including wealth management, corporate lending, remote banking, and office assistance, bringing the future of intelligent banking within reach and setting the stage for further industry innovation.
分析記事 • Feb 11OneConnect Financial Technology Co., Ltd. (HKG:6638) Shares Fly 26% But Investors Aren't Buying For GrowthOneConnect Financial Technology Co., Ltd. ( HKG:6638 ) shareholders would be excited to see that the share price has...
Board Change • Feb 07Less than half of directors are independentFollowing Chairman & CEO Dangyang Chen's arrival on 01 February 2025, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Ernest Ip was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 06OneConnect Financial Technology Co., Ltd. Announces CEO ChangesThe Board of OneConnect Financial Technology Co., Ltd. announced that Mr. Chen Dangyang has been appointed as chief executive officer, effective February 5, 2025. Mr. Chen, aged 45, served at Ping An Property & Casualty Insurance Company of China, Ltd. ("Ping An Property and Casualty Insurance") from September 2021 to February 2025, during which he has undertaken the positions of director of technology center and assistant president. He was responsible for promoting digital transformation, including implementing technological regulatory requirements, building scientific and technological data capabilities and managing technical teams and talent. Ping An Property & Casualty Insurance is a subsidiary of Ping An Insurance (Group) Company of China, Ltd. ("Ping An" and with its subsidiaries, "Ping An Group"). Ping An is a company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange and 82318 (RMB counter)), and is a controlling shareholder of the Company. Prior to joining Ping An Group, Mr. Chen served as the chief technology officer of the insurance business group of Ant Group Co., Ltd. from June 2015 to September 2021. From August 2007 to June 2015, Mr. Chen held various positions at China CITIC Bank Corporation Limited, including serving as senior research and development engineer, assistant president at the cloud computing application research and development department, deputy director and chief application architect at the chief engineer's office. Mr. Chen received his doctorate degree in engineering and his bachelor's degree in engineering from Beihang University in July 2007 and July 2002, respectively. The Board announced that due to personal reasons, Mr. Chongfeng Shen ("Mr. Shen") has resigned as chief executive officer, effective February 5, 2025.
お知らせ • Feb 05OneConnect Financial Technology Co., Ltd. Announces Board ChangesThe Board of OneConnect Financial Technology Co., Ltd. announced that Mr. Chen Dangyang has been appointed as an executive Director and chairman of the Board with effect from February 5, 2025. Mr. Chen, aged 45, served at Ping An Property & Casualty Insurance Company of China, Ltd. ("Ping An Property and Casualty Insurance") from September 2021 to February 2025, during which he has undertaken the positions of director of technology center and assistant president. He was responsible for promoting digital transformation, including implementing technological regulatory requirements, building scientific and technological data capabilities and managing technical teams and talent. Ping An Property & Casualty Insurance is a subsidiary of Ping An Insurance (Group) Company of China, Ltd. ("Ping An" and with its subsidiaries, "Ping An Group"). Ping An is a company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange and 82318 (RMB counter)), and is a controlling shareholder of the Company. Prior to joining Ping An Group, Mr. Chen served as the chief technology officer of the insurance business group of Ant Group Co., Ltd. from June 2015 to September 2021. From August 2007 to June 2015, Mr. Chen held various positions at China CITIC Bank Corporation Limited, including serving as senior research and development engineer, assistant president at the cloud computing application research and development department, deputy director and chief application architect at the chief engineer's office. Mr. Chen received his doctorate degree in engineering and his bachelor's degree in engineering from Beihang University in July 2007 and July 2002, respectively. The Board announced that Mr. Chongfeng Shen ("Mr. Shen") has resigned as an executive Director and chairman of the Board with effect from February 5, 2025. Mr. Shen has confirmed that (i) he has no disagreement with the Board; and (ii) there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company (the "Shareholders") or The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange"). The Board announced that Mr. Shen has ceased to be an authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and Mr. Chen has been appointed as an authorized representative of the Company under the Listing Rules with effect from February 5, 2025.
分析記事 • Jan 14Is OneConnect Financial Technology (HKG:6638) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Nov 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$760.5m (US$97.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥18m net loss in 2 years). Market cap is less than US$100m (HK$760.5m market cap, or US$97.7m).
Reported Earnings • Nov 16Third quarter 2024 earnings released: CN¥0.03 loss per share (vs CN¥0.083 loss in 3Q 2023)Third quarter 2024 results: CN¥0.03 loss per share (improved from CN¥0.083 loss in 3Q 2023). Revenue: CN¥417.1m (down 51% from 3Q 2023). Net loss: CN¥29.5m (loss narrowed 68% from 3Q 2023). Revenue is expected to decline by 6.0% p.a. on average during the next 3 years, while revenues in the Software industry in Hong Kong are expected to grow by 20%.
お知らせ • Nov 04OneConnect Financial Technology Co., Ltd. to Report Q3, 2024 Results on Nov 14, 2024OneConnect Financial Technology Co., Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024
分析記事 • Sep 29OneConnect Financial Technology Co., Ltd. (HKG:6638) Stock Catapults 31% Though Its Price And Business Still Lag The IndustryOneConnect Financial Technology Co., Ltd. ( HKG:6638 ) shareholders would be excited to see that the share price has...
New Risk • Sep 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥40m net loss in 2 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (HK$620.1m market cap, or US$79.8m).
お知らせ • Aug 19OneConnect Financial Technology Co., Ltd. Announces Chief Financial Officer Changes, Effective August 20, 2024OneConnect Financial Technology Co., Ltd. announced that Mr. Yongtao Luo (‘Mr. Luo’) resigned as the chief financial officer of the Company for personal reasons, effective from August 20, 2024. Mr. Rubo Lin (Michael) (‘Mr. Lin’) will succeed Mr. Luo as the chief financial officer of the Company, effective from the same date. Mr. Lin has over 20 years experience in technology, media and telecommunications industry and capital market. Prior to joining the Company, Mr. Lin served as the chief financial officer of Ping An Technology. Before that, Mr. Lin served in different senior management positions of various companies from 2010 to 2020, including chief financial officer of Lenovo Group Ltd.'s global mobile business unit, finance general manager of WeChat business division in Tencent and chief financial officer of Shenzhen Xiaoman Technology Co. Ltd. from 1999 to 2010, Mr. Lin worked for Microsoft, Dell and IBM in U.S/China and he held various managerial roles in service finance, business control, strategic planning, digital transformation and cloud services. Mr. Lin received his master degree of business and administration from Kelley School of Business at Indiana University Bloomington in 2005 and his bachelor's degree in international business and economics from Hunan University in 1994.
Reported Earnings • Aug 17Second quarter 2024 earnings released: CN¥0.016 loss per share (vs CN¥0.075 loss in 2Q 2023)Second quarter 2024 results: CN¥0.016 loss per share (improved from CN¥0.075 loss in 2Q 2023). Revenue: CN¥692.5m (down 29% from 2Q 2023). Net loss: CN¥16.8m (loss narrowed 79% from 2Q 2023). Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Software industry in Hong Kong are expected to grow by 18%.
お知らせ • Aug 06OneConnect Financial Technology Co., Ltd. to Report Q2, 2024 Results on Aug 16, 2024OneConnect Financial Technology Co., Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 16, 2024
New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (HK$544.0m market cap, or US$69.7m).
分析記事 • Jul 02Improved Revenues Required Before OneConnect Financial Technology Co., Ltd. (HKG:6638) Shares Find Their FeetOneConnect Financial Technology Co., Ltd.'s ( HKG:6638 ) price-to-sales (or "P/S") ratio of 0.1x may look like a pretty...
お知らせ • May 10OneConnect Financial Technology Co., Ltd. to Report Q1, 2024 Results on May 21, 2024OneConnect Financial Technology Co., Ltd. announced that they will report Q1, 2024 results Pre-Market on May 21, 2024
Breakeven Date Change • May 06Forecast to breakeven in 2026The 3 analysts covering OneConnect Financial Technology expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 9.1% per year to 2025. The company is expected to make a profit of CN¥4.00m in 2026. Average annual earnings growth of 45% is required to achieve expected profit on schedule.
Reported Earnings • Apr 26Full year 2023 earnings released: CN¥0.33 loss per share (vs CN¥0.80 loss in FY 2022)Full year 2023 results: CN¥0.33 loss per share (improved from CN¥0.80 loss in FY 2022). Revenue: CN¥3.67b (down 18% from FY 2022). Net loss: CN¥362.7m (loss narrowed 58% from FY 2022). Revenue is forecast to stay flat during the next 3 years compared to a 17% growth forecast for the Software industry in Hong Kong.
お知らせ • Apr 25OneConnect Financial Technology Co., Ltd., Annual General Meeting, May 28, 2024OneConnect Financial Technology Co., Ltd., Annual General Meeting, May 28, 2024, at 10:00 China Standard Time. Location: 21F, Ping An Finance Center, No. 5033 Yitian Road, Shenzhen Hong Kong Agenda: To receive and adopt the audited consolidated financial statements and the reports of the directors of the Company (the "Directors") and auditor for the year ended December 31, 2023; to re-elect Mr. Chongfeng Shen as an executive Director; to re-elect Mr. Michael Guo as a non-executive Director; to re-elect Ms. Wenjun Wang as a non-executive Director; to re-elect Mr. Wing Kin Anthony Chow as an independent non-executive Director; to re-elect Mr. Koon Wing Ernest Ip as an independent non-executive Director; to authorize the board (the "Board") of Directors to fix the remuneration of the Directors; to re-appoint PricewaterhouseCoopers as auditor and to authorize the Board to fix its remuneration; and to consider other matters.
Reported Earnings • Mar 19Full year 2023 earnings released: CN¥9.99 loss per share (vs CN¥0.80 loss in FY 2022)Full year 2023 results: CN¥9.99 loss per share. Revenue: CN¥3.67b (down 18% from FY 2022). Net loss: CN¥362.7m (loss narrowed 58% from FY 2022). Revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Software industry in Hong Kong.
お知らせ • Mar 07OneConnect Financial Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 18, 2024OneConnect Financial Technology Co., Ltd. announced that they will report fiscal year 2023 results Pre-Market on Mar 18, 2024
お知らせ • Feb 23OneConnect Financial Technology Co., Ltd. Announces Board ChangesOneConnect Financial Technology Co., Ltd. announces that with effect from February 23, 2024, Ms. Yanjing Jia ("Ms. Jia") and Ms. Wing Shan Winza Tang have resigned as the joint company secretaries of the Company. Following the resignation of Ms. Jia and Ms. Tang, the Board announced that Mr. Chan Tsz Fung has been appointed as the company secretary with effect from February 23, 2024. The biographical details of Mr. Chan are set out below: Mr. Chan Tsz Fung joined the Group in April 2019 and currently serves as head of board office and head of investor relations. Mr. Chan was previously strategy director and project management director of the Group. Prior to joining us, Mr. Chan served as consultant at Boston Consulting Group, prior to which he served as vice president in a reputable investment bank and had worked for various international financial institutions and business organizations. Mr. Chan holds a Master of Business Administration degree in finance from Kellogg School of Management, Northwestern University, a Bachelor of Laws degree from the University of London, and a Bachelor of Business Administration degree in finance and accounting from the Hong Kong University of Science and Technology. Mr. Chan is an associate member of Hong Kong Institute of Certified Public Accountants and a Chartered Financial Analyst (CFA) charterholder and a certified Financial Risk Manager. Mr. Chan possesses the academic or professional qualifications of a company secretary as required under Rule 3.28 of the Listing Rules. Following the resignation of Ms. Tang, she has also ceased to be an Authorized Representative with effect from February 23, 2024. The Board announces that Mr. Chan, the newly appointed Company Secretary, has been appointed as an Authorized Representative with effect from February 23, 2024. With effect from February 23, 2024, the Authorized Representatives of the Company are Mr. Chongfeng Shen and Mr. Chan.
分析記事 • Feb 14Why Investors Shouldn't Be Surprised By OneConnect Financial Technology Co., Ltd.'s (HKG:6638) 25% Share Price PlungeThe OneConnect Financial Technology Co., Ltd. ( HKG:6638 ) share price has fared very poorly over the last month...
New Risk • Jan 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$760.5m (US$97.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CN¥287m net loss in 2 years). Market cap is less than US$100m (HK$760.5m market cap, or US$97.3m).
Reported Earnings • Nov 15Third quarter 2023 earnings released: CN¥2.50 loss per share (vs CN¥0.12 loss in 3Q 2022)Third quarter 2023 results: CN¥2.50 loss per share. Revenue: CN¥843.6m (down 21% from 3Q 2022). Net loss: CN¥90.9m (loss narrowed 31% from 3Q 2022). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Software industry in Hong Kong.
New Risk • Nov 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥307m net loss in 2 years).
お知らせ • Nov 03Oneconnect Financial Technology Co., Ltd. Announces Executive ChangesOneConnect Financial Technology Co., Ltd. announced that with effect from November 2, 2023, (i) Ms. Rong Chen has resigned as an executive Director and a co-general manager, and has ceased to be a member of the compensation and nomination committee; (ii) Mr. Min Zhu has resigned as a non-executive Director; and (iii) Ms. Sin Yin Tan has resigned as a non-executive Director. The Board announced that Mr. Michael Guo has been appointed as a non-executive Director with effect from November 2, 2023. Mr. Guo, aged 51, is currently serving as the co-chief executive officer of Ping An Insurance (Group) Company of China, Ltd. and its subsidiaries. Mr. Guo joined Ping An Group in September 2019 and served as the Executive Vice President of Ping An Property & Casualty Insurance Company of China, Ltd. and the Chief Human Resources Officer of Ping An Group. Ping An is a company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange (stock code: 2318), and is a controlling shareholder of the Company. Prior to joining Ping An Group, Mr. Guo served as a Partner and a Managing Director at Boston Consulting Group. Mr. Guo obtained his bachelor's degree in Information and Control Engineering from Xi'an Jiaotong University and MBA degree from the University of New South Wales. Following the resignation of Ms. Rong Chen, Mr. Guo has been appointed as a member of the compensation and nomination committee of the Board of the Company with effect from November 2, 2023.
お知らせ • Nov 02OneConnect Financial Technology Co., Ltd. to Report Q3, 2023 Results on Nov 13, 2023OneConnect Financial Technology Co., Ltd. announced that they will report Q3, 2023 results After-Market on Nov 13, 2023
Reported Earnings • Sep 07Second quarter 2023 earnings released: CN¥0.075 loss per share (vs CN¥0.22 loss in 2Q 2022)Second quarter 2023 results: CN¥0.075 loss per share (improved from CN¥0.22 loss in 2Q 2022). Revenue: CN¥973.4m (down 14% from 2Q 2022). Net loss: CN¥81.6m (loss narrowed 67% from 2Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Software industry in Hong Kong.
Reported Earnings • Aug 17Second quarter 2023 earnings released: CN¥2.25 loss per share (vs CN¥0.22 loss in 2Q 2022)Second quarter 2023 results: CN¥2.25 loss per share. Revenue: CN¥973.4m (down 14% from 2Q 2022). Net loss: CN¥81.6m (loss narrowed 67% from 2Q 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Software industry in Hong Kong.
お知らせ • Aug 03OneConnect Financial Technology Co., Ltd. to Report Q2, 2023 Results on Aug 16, 2023OneConnect Financial Technology Co., Ltd. announced that they will report Q2, 2023 results Pre-Market on Aug 16, 2023
分析記事 • Jul 20OneConnect Financial Technology Co., Ltd. (HKG:6638) Not Doing Enough For Some Investors As Its Shares Slump 26%OneConnect Financial Technology Co., Ltd. ( HKG:6638 ) shareholders that were waiting for something to happen have been...
New Risk • Jun 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Hong Kong stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CN¥374m net loss in 2 years).
Major Estimate Revision • May 29Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from CN¥4.67b to CN¥4.18b. EPS estimate unchanged from -CN¥1.31 per share at last update. Software industry in Hong Kong expected to see average net income growth of 42% next year. Consensus price target of HK$1.26 unchanged from last update. Share price fell 15% to HK$1.10 over the past week.
Reported Earnings • May 23First quarter 2023 earnings released: CN¥3.00 loss per share (vs CN¥0.29 loss in 1Q 2022)First quarter 2023 results: CN¥3.00 loss per share. Revenue: CN¥925.9m (down 9.1% from 1Q 2022). Net loss: CN¥108.9m (loss narrowed 66% from 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Software industry in Hong Kong.
お知らせ • May 11OneConnect Financial Technology Co., Ltd. to Report Q1, 2023 Results on May 22, 2023OneConnect Financial Technology Co., Ltd. announced that they will report Q1, 2023 results on May 22, 2023
Reported Earnings • Mar 14Full year 2022 earnings releasedFull year 2022 results: Revenue: CN¥4.46b (up 8.0% from FY 2021). Net loss: CN¥872.3m (loss narrowed 32% from FY 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Software industry in Hong Kong.
Breakeven Date Change • Mar 14No longer forecast to breakevenThe 6 analysts covering OneConnect Financial Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥242.0m in 2025. New consensus forecast suggests the company will make a loss of CN¥201.0m in 2025.
Breakeven Date Change • Mar 13No longer forecast to breakevenThe 6 analysts covering OneConnect Financial Technology no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CN¥242.0m in 2025. New consensus forecast suggests the company will make a loss of CN¥201.0m in 2025.
Reported Earnings • Nov 16Third quarter 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.24 loss in 3Q 2021)Third quarter 2022 results: CN¥0.12 loss per share (improved from CN¥0.24 loss in 3Q 2021). Revenue: CN¥1.07b (flat on 3Q 2021). Net loss: CN¥132.6m (loss narrowed 51% from 3Q 2021). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Software industry in Hong Kong.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Ernest Ip was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 13Third quarter 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.24 loss in 3Q 2021)Third quarter 2022 results: CN¥0.12 loss per share (improved from CN¥0.24 loss in 3Q 2021). Revenue: CN¥1.07b (flat on 3Q 2021). Net loss: CN¥132.6m (loss narrowed 51% from 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Software industry in Hong Kong.
お知らせ • Nov 11OneConnect Financial Technology Co., Ltd. Announces Management ChangesOneConnect Financial Technology Co., Ltd. announced that Dr. Wangchun Ye has resigned as an executive Director with effect from November 10, 2022 and announced that Ms. Xin Fu has been appointed as a non-executiveDirector with effect from November 10, 2022. Ms. Fu, aged 42, is currently serving as the chief operating officer and director of the strategic development center of Ping An Insurance (Group) Company of China, Ltd. (Ping An) and its subsidiaries (“Ping An Group”). She joined Ping An Group in October 2017 as the general manager of its planning department, and served as the deputy chief financial officer of Ping An Group between March 2020 and March 2022. Ping An is a company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange and is a controlling shareholder of the Company. Prior to joining Ping An Group, Ms. Fu served as a partner of Roland Berger Management consulting in financial services practices, and as an executive director of PricewaterhouseCoopers, responsible for coordinating projects such as in finance and fintech services for over 10 years. Ms. Fu received a master’s degree in business administration from Shanghai Jiao Tong University, PRC, in June 2012.
お知らせ • Nov 04OneConnect Financial Technology Announces Receipt of Notice Regarding NYSE Continued Listing StandardsOn November 3, 2022, OneConnect Financial Technology Co., Ltd. announced that it received a letter from the New York Stock Exchange (the ‘NYSE’) dated October 6, 2022, notifying the Company that it is below the NYSE’s continued listing standards due to the trading price of OneConnect’s American depositary shares (the ‘ADSs’). The notice has no immediate impact on the listing of the Company’s ADSs, which will continue to be listed and traded on the NYSE, subject to the Company’s compliance with other NYSE continued listing standards and other rights of the NYSE to delist the ADSs. The NYSE notification does not affect the Company’s business operations, its U.S. Securities and Exchange Commission reporting requirements or contractual obligations. Pursuant to Section 802.01C of the NYSE’s Listed Company Manual, a company will be considered to be below compliance standards if the average closing price of its security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period. The Company has six months (the ‘Cure Period’) following receipt of the notice to regain compliance with the minimum share price requirement. The Company can regain compliance at any time during the Cure Period if on the last trading day of any calendar month during the Cure Period the Company has a closing share price of at least $1.00 per ADS and an average closing share price of at least $1.00 per ADS over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the six-month Cure Period, both a $1.00 per ADS closing share price on the last trading day of the Cure Period and a $1.00 per ADS average closing share price over the 30 trading-day period ending on the last trading day of the Cure Period are not attained, the NYSE will commence suspension and delisting procedures. The Company has been closely monitoring the closing share price of its ADSs and plans to take reasonable measures to regain compliance with the NYSE listing standards, including through effecting an ADS ratio change if needed.
お知らせ • Nov 01OneConnect Financial Technology Co., Ltd. to Report Q3, 2022 Results on Nov 10, 2022OneConnect Financial Technology Co., Ltd. announced that they will report Q3, 2022 results at 9:30 AM, China Standard Time on Nov 10, 2022
お知らせ • Oct 18Yiming Fei Will No Longer Serve as the Board Secretary of OneConnect Financial Technology Co., LtdOneConnect Financial Technology Co., Ltd. announced that Mr. Yiming Fei will no longer serve as the board secretary of the Company, effective October 17, 2022.
お知らせ • Sep 19Oneconnect Financial Technology Co., Ltd. Announces That It Will Help Develop the Abu Dhabi Global Market (Adgm) Sme Financing PlatformOneConnect Financial Technology Co., Ltd. announced that it will help develop the Abu Dhabi Global Market (ADGM) SME Financing Platform, an integrated digital finance marketplace that will transform the financing services landscape for small and medium enterprises (SMEs) in the United Arab Emirates (UAE). Working with ADGM, the international financial centre in the capital of the UAE, the intelligent marketplace will help advance financial inclusion, enhance transparency, alleviate operational costs in SME finance and improve the overall customer experience for SMEs and funding organizations. The ADGM SME Financing Platform will be an open and inclusive digital finance platform that improves SMEs' access to financing. As a marketplace connecting various key stakeholders such as SMEs, multi-lenders and data sources from government agencies, and supported by a robust loan origination process which enables seamless transfer of data, the platform will enable better, faster and more risk-appropriate financing decisions to be made. The entire loan application process is made agile and simplified through the use of digital tools such as e-contracts and e-signatures. Earlier, OneConnect had worked with ADGM to launch the Digital Lab in early 2021. The Digital Lab is UAE's first Open API platform that allows financial institutions and FinTech innovators to collaborate and build the next generation of digital financial services.
分析記事 • Aug 20Calculating The Fair Value Of OneConnect Financial Technology Co., Ltd. (HKG:6638)In this article we are going to estimate the intrinsic value of OneConnect Financial Technology Co., Ltd. ( HKG:6638...
Reported Earnings • Aug 18Second quarter 2022 earnings released: CN¥0.67 loss per share (vs CN¥0.32 loss in 2Q 2021)Second quarter 2022 results: CN¥0.67 loss per share. Revenue: CN¥1.13b (up 17% from 2Q 2021). Net loss: CN¥244.8m (loss narrowed 30% from 2Q 2021). Over the next year, revenue is forecast to grow 19%, compared to a 28% growth forecast for the Software industry in Hong Kong.
お知らせ • Aug 18OneConnect Financial Technology Co., Ltd. Announces Executive ChangesOneConnect Financial Technology Co., Ltd. announced that due to family reasons, with effect from August 17, 2022, Dr. Wangchun Ye, an executive Director and chairman of the Board, has ceased to be the Chairman; and Mr. Chongfeng Shen, an executive Director and chief executive officer of the Company, has been appointed as the Chairman. Dr. Wangchun Ye has more than 40 years of experience in finance, working at Ping An Bank, Huaxia Bank, Industrial Commercial Bank of China and People’s Bank of China successively. Dr. Ye joined the Company in December 2015 as one of core leaders of the founding members of the Company. As the Chairman and chief executive officer, Dr. Ye led the Company to incubate model, develop products and expand market and helped the Company establish a unique business model of “technology + business”, allowing the Company to become a leading business technology service provider in financial services sector in China. Under the leadership of Dr. Ye, the Company completed the its Series A financing in the third year after its establishment, embracing the first stage of rapid development and was listed on New York Stock Exchange in the fourth year. Dr. Ye enabled the Company to make continuous breakthroughs and innovation, and Company implemented strategic upgrade in the sixth year which allowed to enter into second stage of customer deepening, and achieved dual primary listing on the Main Board of Hong Kong Stock Exchange in the seventh year.
お知らせ • Aug 06OneConnect Financial Technology Co., Ltd. to Report Q2, 2022 Results on Aug 17, 2022OneConnect Financial Technology Co., Ltd. announced that they will report Q2, 2022 results Pre-Market on Aug 17, 2022
お知らせ • Jul 22OneConnect Financial Technology Co., Ltd. Announces the Launch of All-In-One Digital Banking Solutions Suite, OneCosmoOneConnect Financial Technology Co., Ltd. announced the launch of OneCosmo, a one-stop omni platform for all-in-one digital banking solutions jointly developed with Brazil-based tech company Pismo, one of the fastest growing banking Software-as-a-Service (SaaS) firms. The launch of OneCosmo is the result of the joint product offerings of OneConnect and Pismo, having embarked on a strategic partnership earlier in April 2022. Leveraging next-generation technology such as artificial intelligence (AI), machine learning (ML), blockchain, and SaaS, the suite of solutions provided by OneCosmo is geared towards offering a highly scalable and easily integratable solution for banks and financial institutions to build digital banking capabilities. The solutions offered by OneCosmo span a wide range of services, from digital identity verification and core banking to digital payments, and digital lending. The platform also allows integration across different third-party service providers, using its highly flexible APIs (Application Processing Interfaces) and microservices. Prospective users of OneCosmo will also be able to fully onboard themselves onto its platform within a matter of weeks due to pre-integrated and pre-configured features, while allowing financial institutions the flexibility of customisation to their required specifications. OneCosmo will also enable financial institutions to leverage real-time data streaming, allowing for greater insight into consumer behaviour through data analysis. OneCosmo allows for flexibility in working with legacy technology, offering financial institutions the freedom to customise the solutions suite to cater to their individual needs. To date, the Pismo's technology incorporated in OneCosmo's solution has been utilised by more than 50 million customers. OneCosmo is currently available in Southeast Asian countries including Thailand, Malaysia, Indonesia, The Philippines, and Singapore, with a view to extend its offerings to financial institutions within the Middle East.
Board Change • Jul 05Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Ernest Ip was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.