| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
OneConnect Financial Technology Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.51 |
| 52 Week High | HK$1.47 |
| 52 Week Low | HK$0.48 |
| Beta | 0 |
| 1 Month Change | -10.53% |
| 3 Month Change | -27.14% |
| 1 Year Change | -61.94% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -90.56% |
Recent News & Updates
Recent updates
Why Investors Shouldn't Be Surprised By OneConnect Financial Technology Co., Ltd.'s (HKG:6638) 25% Share Price Plunge
Feb 14
OneConnect 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 | 0% | 8.0% | 3.6% |
| 1Y | -61.9% | -54.0% | -10.1% |
Return vs Industry: 6638 underperformed the Hong Kong Software industry which returned -54% over the past year.
Return vs Market: 6638 underperformed the Hong Kong Market which returned -10.1% over the past year.
Price Volatility
| 6638 volatility | |
|---|---|
| 6638 Average Weekly Movement | 7.5% |
| Software Industry Average Movement | 9.7% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in HK Market | 14.6% |
| 10% least volatile stocks in HK Market | 3.7% |
Stable Share Price: 6638's share price has been volatile over the past 3 months.
Volatility Over Time: 6638's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 2,568 | 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$596.69m |
| Earnings (TTM) | -HK$391.91m |
| Revenue (TTM) | HK$3.96b |
0.2x
P/S Ratio-1.5x
P/E RatioIs 6638 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 6638 income statement (TTM) | |
|---|---|
| Revenue | CN¥3.67b |
| Cost of Revenue | CN¥2.32b |
| Gross Profit | CN¥1.35b |
| Other Expenses | CN¥1.71b |
| Earnings | -CN¥362.71m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.31 |
| Gross Margin | 36.79% |
| Net Profit Margin | -9.89% |
| Debt/Equity Ratio | 10.4% |
How did 6638 perform over the long term?
See historical performance and comparison