OneConnect Financial Technology Co., Ltd.

NYSE:OCFT Stock Report

Market Cap: US$97.8m

OneConnect Financial Technology Management

Management criteria checks 3/4

OneConnect Financial Technology's CEO is Chong Feng Shen, appointed in Oct 2021, has a tenure of 3.17 years. total yearly compensation is CN¥6.91M, comprised of 45.4% salary and 54.6% bonuses, including company stock and options. directly owns 0.95% of the company’s shares, worth $925.01K. The average tenure of the management team and the board of directors is 3.5 years and 3.2 years respectively.

Key information

Chong Feng Shen

Chief executive officer

CN¥6.9m

Total compensation

CEO salary percentage45.4%
CEO tenure3.2yrs
CEO ownership0.9%
Management average tenure3.5yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

OneConnect's Losses Narrow As Cost Cuts Offset Revenue Decline

Aug 18

OneConnect: Still Neutral On Mixed Q1 2023 Results

May 30

OneConnect: Strategic Pivot In The Limelight

Jan 01

OneConnect Financial Technology GAAP EPADS of -RMB 0.36, revenue of RMB 1.07B

Nov 10

OneConnect Financial receives NYSE non-compliance letter

Nov 03

OneConnect Grows But Economic And Regulatory Conditions Weigh

Sep 09

OneConnect Inches Closer To Profits Under Leadership Of New Chairman

Aug 26

OneConnect Financial Technology GAAP EPS of -RMB0.67, revenue of RMB1.13B

Aug 17

Health Check: How Prudently Does OneConnect Financial Technology (NYSE:OCFT) Use Debt?

Mar 24
Health Check: How Prudently Does OneConnect Financial Technology (NYSE:OCFT) Use Debt?

OneConnect Files For Hong Kong Listing, But Customer Diversification Remains Key

Mar 03

Is OneConnect Financial Technology (NYSE:OCFT) A Risky Investment?

Dec 01
Is OneConnect Financial Technology (NYSE:OCFT) A Risky Investment?

Is There An Opportunity With OneConnect Financial Technology Co., Ltd.'s (NYSE:OCFT) 36% Undervaluation?

Oct 22
Is There An Opportunity With OneConnect Financial Technology Co., Ltd.'s (NYSE:OCFT) 36% Undervaluation?

What Does The Future Hold For OneConnect Financial Technology Co., Ltd. (NYSE:OCFT)? These Analysts Have Been Cutting Their Estimates

Aug 11
What Does The Future Hold For OneConnect Financial Technology Co., Ltd. (NYSE:OCFT)? These Analysts Have Been Cutting Their Estimates

Is OneConnect Financial Technology (NYSE:OCFT) Using Too Much Debt?

Aug 08
Is OneConnect Financial Technology (NYSE:OCFT) Using Too Much Debt?

Is OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Trading At A 39% Discount?

Jun 18
Is OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Trading At A 39% Discount?

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Just Reported Earnings, And Analysts Cut Their Target Price

May 14
OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Just Reported Earnings, And Analysts Cut Their Target Price

Is OneConnect Financial Technology (NYSE:OCFT) Using Debt In A Risky Way?

Mar 01
Is OneConnect Financial Technology (NYSE:OCFT) Using Debt In A Risky Way?

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT): Are Analysts Optimistic?

Feb 05
OneConnect Financial Technology Co., Ltd. (NYSE:OCFT): Are Analysts Optimistic?

OneConnect Financial Technology misses on revenue

Feb 02

Chinese Fintech OneConnect Raises Concerns Despite Decent Financials

Dec 23

OneConnect Financial Technology (NYSE:OCFT) Shareholders Have Enjoyed An Impressive 107% Share Price Gain

Dec 14
OneConnect Financial Technology (NYSE:OCFT) Shareholders Have Enjoyed An Impressive 107% Share Price Gain

OneConnect Financial Produces Enviable Growth Trajectory

Nov 16

CEO Compensation Analysis

How has Chong Feng Shen's remuneration changed compared to OneConnect Financial Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CN¥298m

Jun 30 2024n/an/a

-CN¥320m

Mar 31 2024n/an/a

-CN¥344m

Dec 31 2023CN¥7mCN¥3m

-CN¥363m

Sep 30 2023n/an/a

-CN¥342m

Jun 30 2023n/an/a

-CN¥424m

Mar 31 2023n/an/a

-CN¥627m

Dec 31 2022CN¥7mCN¥3m

-CN¥872m

Sep 30 2022n/an/a

-CN¥1b

Jun 30 2022n/an/a

-CN¥1b

Mar 31 2022n/an/a

-CN¥1b

Dec 31 2021CN¥3mCN¥654k

-CN¥1b

Compensation vs Market: Chong Feng's total compensation ($USD946.54K) is above average for companies of similar size in the US market ($USD650.86K).

Compensation vs Earnings: Chong Feng's compensation has been consistent with company performance over the past year.


CEO

Chong Feng Shen (53 yo)

3.2yrs

Tenure

CN¥6,906,000

Compensation

Mr. Chong Feng Shen serves as Chief Executive Officer and Director at OneConnect Financial Technology Co., Ltd. since October 22, 2021. He serves as Chairman of the Board at OneConnect Financial Technology...


Leadership Team

NamePositionTenureCompensationOwnership
Chong Feng Shen
Chairman of the Board & CEO3.2yrsCN¥6.91m0.95%
$ 925.0k
Rubo Lin
Chief Financial Officerless than a yearno datano data
Danielle Gao
Head of Investor Relationsno datano datano data
Xuhua Chen
Chief Marketing Officer3.8yrsno datano data
Runzhong Huang
Executive Vice Presidentno datano datano data
Bin Ru Tan
Chief Executive Officer of Southeast Asia6.4yrsno datano data
Fang Liu
GM Assistant3.9yrsno datano data
Qingshan Gu
Chief Technology Officer of Gamma Division & Insurance Divisionno datano datano data
Tsz Fung Chan
Company Secretaryless than a yearno datano data

3.5yrs

Average Tenure

Experienced Management: OCFT's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chong Feng Shen
Chairman of the Board & CEO3.2yrsCN¥6.91m0.95%
$ 925.0k
Wing Kin Chow
Independent Non-Executive Director4.2yrsCN¥531.00kno data
Wenwei Dou
Non Executive Director7.2yrsno datano data
Yaolin Zhang
Independent Non-Executive Director5.8yrsCN¥622.00kno data
Wenjun Wang
Non Executive Director3.1yrsno datano data
Tianruo Pu
Independent Non-Executive Director5.3yrsCN¥426.00kno data
Michael Guo
Non-Executive Director1.1yrsno datano data
Koon Ip
Independent Non-Executive Director3.1yrsCN¥1.03mno data
Xin Fu
Non-Executive Director2.1yrsno datano data

3.2yrs

Average Tenure

56yo

Average Age

Experienced Board: OCFT's board of directors are considered experienced (3.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Yue Hang ChanBofA Global Research
Judy ZhangCitigroup Inc
Yushen WangCLSA