OneConnect Financial Technology Co., Ltd. (OCFT)
| Market Cap | 91.52M |
| Revenue (ttm) | 517.28M |
| Net Income (ttm) | -51.16M |
| Shares Out | 39.34M |
| EPS (ttm) | -1.37 |
| PE Ratio | n/a |
| Forward PE | 81.30 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 28,905 |
| Open | 2.170 |
| Previous Close | 2.170 |
| Day's Range | 2.140 - 2.350 |
| 52-Week Range | 1.750 - 6.000 |
| Beta | 0.39 |
| Analysts | Strong Buy |
| Price Target | 7.00 (+200.95%) |
| Earnings Date | May 21, 2024 |
About OCFT
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 th... [Read more]
Financial Performance
In 2023, OCFT's revenue was 3.67 billion, a decrease of -17.84% compared to the previous year's 4.46 billion. Losses were -362.72 million, -58.42% less than in 2022.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to one analyst, the rating for OCFT stock is "Strong Buy" and the 12-month stock price forecast is $7.0.
News
OneConnect to Announce First Quarter 2024 Financial Results
SHENZHEN, China , May 8, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for fina...
OneConnect Files Annual Report on Form 20-F
SHENZHEN, China , April 23, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for f...
OneConnect Announces Fourth Quarter and Full Year Unaudited Financial Results
Net Margin to Shareholders Improved to -8 . 8% for F ourth Quarter 2023 SHENZHEN, China , March 18, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd.
OneConnect to Announce Fourth Quarter and Full Year 2023 Financial Results
SHENZHEN, China , March 6, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for fi...
OneConnect Announces Extraordinary General Meeting Results
SHENZHEN, China , Jan. 16, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for fi...
OneConnect Announces Third Quarter and Nine Months Ended September 30, 2023 Unaudited Financial Results
Net Margin to Shareholders Improved to -10.8% for Third Quarter 2023 SHENZHEN, China , Nov. 13, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OC...
OneConnect to Announce Third Quarter 2023 Financial Results
SHENZHEN, China , Nov. 1, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service provider for fin...
OneConnect Announces Second Quarter and First Half 2023 Unaudited Financial Results
Gross Margin Remained Stable and Net Margin to Shareholders Improved by 13.2ppt YoY for Second Quarter 2023 SHENZHEN, China , Aug. 16, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("...
OneConnect to Announce Second Quarter 2023 Financial Results
SHENZHEN, China , Aug. 1, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service provider for fin...
OneConnect Announces 2023 Annual General Meeting Results
SHENZHEN, China , May 29, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for fin...
OneConnect Announces First Quarter 2023 Unaudited Financial Results
Gross Margin Improved by 2.8ppt and Net Loss Ratio to Shareholders Improved by 19.4ppt YoY for First Quarter 2023 SHENZHEN, China , May 22, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Lt...
OneConnect to Announce First Quarter 2023 Financial Results
SHENZHEN, China , May 15, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service provider for fin...
OneConnect and Old Mutual in SA Join Hands to Embark on Digitalization of Life Insurance Business
SHENZHEN, China , March 26, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd ("OneConnect" or the "Company", Stock Code: OCFT.US6638.HK), is thrilled to announce that we have entered into...
OneConnect to Announce Fourth Quarter and Full Year 2022 Financial Results
SHENZHEN, China , March 3, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for fi...
OneConnect Announces ADS Ratio Change
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in Chi...
Lufax Reports Third Quarter 2022 Financial Results
SHANGHAI , Nov. 23, 2022 /PRNewswire/ -- Lufax Holding Ltd ("Lufax" or the "Company") (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced its unau...
OneConnect Announces Third Quarter and Nine Months Ended September 30, 2022 Unaudited Financial Results
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd.
OneConnect Announces Receipt of Notice Regarding NYSE Continued Listing Standards
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd.
OneConnect to Announce Third Quarter of 2022 Financial Results
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd.
OneConnect unveils OneConnect Smart Technology in the UAE
ABU DHABI, UAE, Oct. 10, 2022 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd ("OneConnect" or the "Company", Stock Code: 6638.HK), a leading Technology-as-a-Service ("TaaS") provider, today ...
OneConnect expands its presence in the Middle East, by developing with Abu Dhabi Global Market a digital SME funding platform
SINGAPORE , Sept. 19, 2022 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd ("OneConnect" or the "Company", Stock Code: 6638.HK), a leading Technology-as-a-Service ("TaaS") provider, announced...
OneConnect Named Among 2022 IDC China Fintech Top 50 Companies for 3rd Consecutive Year
Empowered Huaxia Bank's project to win 2022 IDC China Financial Industry Technology Application Scenario Innovation Award SHANGHAI , Aug. 22, 2022 /PRNewswire/ -- OneConnect Financial Technology Co.,...
OneConnect Announces Second Quarter and Half Year 2022 Unaudited Financial Results
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a technology-as-a-service provider for the financial services industry in Chin...
OneConnect to Announce Second Quarter and First Half 2022 Financial Results
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) (“OneConnect” or the “Company”), a leading technology-as-a-service platform for financial instit...
OneConnect Successfully Listed on the Main Board of the Stock Exchange of Hong Kong
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China...