6638 Stock Overview
OneConnect Financial Technology Co., Ltd. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
OneConnect Financial Technology Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.70 |
| 52 Week High | HK$1.26 |
| 52 Week Low | HK$0.35 |
| Beta | 1.85 |
| 1 Month Change | 7.69% |
| 3 Month Change | 79.49% |
| 1 Year Change | 2.94% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -87.04% |
Recent News & Updates
Recent updates
OneConnect Financial Technology Co., Ltd. (HKG:6638) Stock Catapults 31% Though Its Price And Business Still Lag The Industry
Sep 29
Improved Revenues Required Before OneConnect Financial Technology Co., Ltd. (HKG:6638) Shares Find Their Feet
Jul 02Why Investors Shouldn't Be Surprised By OneConnect Financial Technology Co., Ltd.'s (HKG:6638) 25% Share Price Plunge
Feb 14OneConnect Financial Technology Co., Ltd. (HKG:6638) Not Doing Enough For Some Investors As Its Shares Slump 26%
Jul 20Calculating The Fair Value Of OneConnect Financial Technology Co., Ltd. (HKG:6638)
Aug 20Shareholder Returns
| 6638 | HK Software | HK Market | |
|---|---|---|---|
| 7D | -1.4% | 0.04% | 0.8% |
| 1Y | 2.9% | 10.0% | 21.1% |
Return vs Industry: 6638 underperformed the Hong Kong Software industry which returned 10.9% over the past year.
Return vs Market: 6638 underperformed the Hong Kong Market which returned 19.9% over the past year.
Price Volatility
| 6638 volatility | |
|---|---|
| 6638 Average Weekly Movement | 20.0% |
| Software Industry Average Movement | 11.8% |
| Market Average Movement | 8.8% |
| 10% most volatile stocks in HK Market | 18.6% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 6638's share price has been volatile over the past 3 months compared to the Hong Kong market.
Volatility Over Time: 6638's weekly volatility has increased from 13% to 20% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 2,078 | Chong Feng Shen | www.ocft.com |
OneConnect Financial Technology Co., Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the People's Republic of China. It operates in Technology Solutions and Virtual Bank Business segments. The company offers Gamma Platform, which offers a toolbox of separate solution modules that provide technology infrastructure and underlying technologies; marketing management platform, developed from AI Banker App, provides banks relationship managers with technology that supports in managing their acquisition and relationships with retail customers; and wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business.
OneConnect Financial Technology Co., Ltd. Fundamentals Summary
| 6638 fundamental statistics | |
|---|---|
| Market cap | HK$818.99m |
| Earnings (TTM) | -HK$317.48m |
| Revenue (TTM) | HK$3.04b |
0.3x
P/S Ratio-2.6x
P/E RatioIs 6638 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 6638 income statement (TTM) | |
|---|---|
| Revenue | CN¥2.86b |
| Cost of Revenue | CN¥1.83b |
| Gross Profit | CN¥1.03b |
| Other Expenses | CN¥1.33b |
| Earnings | -CN¥298.27m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.25 |
| Gross Margin | 35.99% |
| Net Profit Margin | -10.43% |
| Debt/Equity Ratio | 1.6% |
How did 6638 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 02:56 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
OneConnect Financial Technology Co., Ltd. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yue Hang Chan | BofA Global Research |
| Judy Zhang | Citigroup Inc |
| Yushen Wang | CLSA |