company background image
6638 logo

OneConnect Financial Technology SEHK:6638 Stock Report

Last Price

HK$0.67

Market Cap

HK$760.5m

7D

0%

1Y

-17.3%

Updated

21 Nov, 2024

Data

Company Financials +

OneConnect Financial Technology Co., Ltd.

SEHK:6638 Stock Report

Market Cap: HK$760.5m

OneConnect Financial Technology Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OneConnect Financial Technology
Historical stock prices
Current Share PriceHK$0.67
52 Week HighHK$1.26
52 Week LowHK$0.35
Beta1.85
11 Month Change-1.47%
3 Month Change55.81%
1 Year Change-17.28%
33 Year Changen/a
5 Year Changen/a
Change since IPO-87.59%

Recent News & Updates

OneConnect Financial Technology Co., Ltd. (HKG:6638) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

Sep 29
OneConnect Financial Technology Co., Ltd. (HKG:6638) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

Recent updates

OneConnect Financial Technology Co., Ltd. (HKG:6638) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

Sep 29
OneConnect Financial Technology Co., Ltd. (HKG:6638) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

Improved Revenues Required Before OneConnect Financial Technology Co., Ltd. (HKG:6638) Shares Find Their Feet

Jul 02
Improved Revenues Required Before OneConnect Financial Technology Co., Ltd. (HKG:6638) Shares Find Their Feet

Why Investors Shouldn't Be Surprised By OneConnect Financial Technology Co., Ltd.'s (HKG:6638) 25% Share Price Plunge

Feb 14
Why Investors Shouldn't Be Surprised By OneConnect Financial Technology Co., Ltd.'s (HKG:6638) 25% Share Price Plunge

OneConnect Financial Technology Co., Ltd. (HKG:6638) Not Doing Enough For Some Investors As Its Shares Slump 26%

Jul 20
OneConnect Financial Technology Co., Ltd. (HKG:6638) Not Doing Enough For Some Investors As Its Shares Slump 26%

Calculating The Fair Value Of OneConnect Financial Technology Co., Ltd. (HKG:6638)

Aug 20
Calculating The Fair Value Of OneConnect Financial Technology Co., Ltd. (HKG:6638)

Shareholder Returns

6638HK SoftwareHK Market
7D0%-0.8%0.4%
1Y-17.3%-8.8%12.0%

Return vs Industry: 6638 underperformed the Hong Kong Software industry which returned -8.8% over the past year.

Return vs Market: 6638 underperformed the Hong Kong Market which returned 12% over the past year.

Price Volatility

Is 6638's price volatile compared to industry and market?
6638 volatility
6638 Average Weekly Movement20.4%
Software Industry Average Movement12.5%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.3%

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

FoundedEmployeesCEOWebsite
20152,078Chong Feng Shenwww.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

How do OneConnect Financial Technology's earnings and revenue compare to its market cap?
6638 fundamental statistics
Market capHK$760.49m
Earnings (TTM)-HK$277.45m
Revenue (TTM)HK$3.03b

0.3x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6638 income statement (TTM)
RevenueCN¥2.82b
Cost of RevenueCN¥1.79b
Gross ProfitCN¥1.03b
Other ExpensesCN¥1.29b
Earnings-CN¥258.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.22
Gross Margin36.46%
Net Profit Margin-9.14%
Debt/Equity Ratio1.6%

How did 6638 perform over the long term?

See historical performance and comparison