| 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$1.82 |
| 52 Week High | HK$6.00 |
| 52 Week Low | HK$1.77 |
| Beta | 0 |
| 1 Month Change | -16.51% |
| 3 Month Change | -33.70% |
| 1 Year Change | -65.07% |
| 3 Year Change | -98.79% |
| 5 Year Change | n/a |
| Change since IPO | -98.18% |
Recent News & Updates
Recent updates
OneConnect's Losses Narrow As Cost Cuts Offset Revenue Decline
Aug 18OneConnect: Still Neutral On Mixed Q1 2023 Results
May 30OneConnect: Strategic Pivot In The Limelight
Jan 01OneConnect Financial Technology GAAP EPADS of -RMB 0.36, revenue of RMB 1.07B
Nov 10OneConnect Financial receives NYSE non-compliance letter
Nov 03OneConnect Grows But Economic And Regulatory Conditions Weigh
Sep 09OneConnect Inches Closer To Profits Under Leadership Of New Chairman
Aug 26OneConnect Financial Technology GAAP EPS of -RMB0.67, revenue of RMB1.13B
Aug 17Health Check: How Prudently Does OneConnect Financial Technology (NYSE:OCFT) Use Debt?
Mar 24
OneConnect Files For Hong Kong Listing, But Customer Diversification Remains Key
Mar 03Is OneConnect Financial Technology (NYSE:OCFT) A Risky Investment?
Dec 01Is There An Opportunity With OneConnect Financial Technology Co., Ltd.'s (NYSE:OCFT) 36% Undervaluation?
Oct 22What Does The Future Hold For OneConnect Financial Technology Co., Ltd. (NYSE:OCFT)? These Analysts Have Been Cutting Their Estimates
Aug 11Is OneConnect Financial Technology (NYSE:OCFT) Using Too Much Debt?
Aug 08Is OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Trading At A 39% Discount?
Jun 18OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Just Reported Earnings, And Analysts Cut Their Target Price
May 14Is OneConnect Financial Technology (NYSE:OCFT) Using Debt In A Risky Way?
Mar 01OneConnect Financial Technology Co., Ltd. (NYSE:OCFT): Are Analysts Optimistic?
Feb 05OneConnect Financial Technology misses on revenue
Feb 02Chinese Fintech OneConnect Raises Concerns Despite Decent Financials
Dec 23OneConnect Financial Technology (NYSE:OCFT) Shareholders Have Enjoyed An Impressive 107% Share Price Gain
Dec 14OneConnect Financial Produces Enviable Growth Trajectory
Nov 16Shareholder Returns
| OCFT | US Software | US Market | |
|---|---|---|---|
| 7D | -10.3% | -4.9% | -3.7% |
| 1Y | -65.1% | 37.8% | 20.2% |
Return vs Industry: OCFT underperformed the US Software industry which returned 39.4% over the past year.
Return vs Market: OCFT underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| OCFT volatility | |
|---|---|
| OCFT Average Weekly Movement | 7.7% |
| Software Industry Average Movement | 8.0% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: OCFT's share price has been volatile over the past 3 months.
Volatility Over Time: OCFT's weekly volatility has decreased from 14% to 8% 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 offers AI Banker App to banks’ relationship managers for managing the acquisition of retail customers and their relationships with retail customers; retail banking operation management platform for monitor retail banking business; wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business; customer incentive and management platform, which helps banks to set up their own customer reward portals; and intelligent risk management solutions. The company also offers commercial-banking-as-a-service solutions, including intelligent service, intelligent product development, and intelligent risk management platforms; digital services platforms for government agencies that provide integrated credit, cross-border trade, financial, and enterprise services; banking core system solutions; and digital insurance solutions for digitalizing the insurance process, marketing, customer management, and claim processing, as well as customers service management platforms for auto aftermarket and healthcare services.
OneConnect Financial Technology Co., Ltd. Fundamentals Summary
| OCFT fundamental statistics | |
|---|---|
| Market cap | US$76.19m |
| Earnings (TTM) | -US$50.11m |
| Revenue (TTM) | US$506.67m |
0.2x
P/S Ratio-1.5x
P/E RatioIs OCFT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OCFT 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 OCFT perform over the long term?
See historical performance and comparison