OneConnect Financial Technology Balance Sheet Health
Financial Health criteria checks 5/6
OneConnect Financial Technology has a total shareholder equity of CN¥3.0B and total debt of CN¥48.4M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥4.7B and CN¥1.7B respectively.
Key information
1.6%
Debt to equity ratio
CN¥48.43m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.93b |
| Equity | CN¥3.04b |
| Total liabilities | CN¥1.70b |
| Total assets | CN¥4.74b |
Recent financial health 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 20Financial Position Analysis
Short Term Liabilities: 6638's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 6638's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥25.4M).
Debt to Equity History and Analysis
Debt Level: 6638 has more cash than its total debt.
Reducing Debt: 6638's debt to equity ratio has reduced from 98.7% to 1.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 6638 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6638 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.