OneConnect Financial Technology Co., Ltd. (OCFT)

Market Cap	266.36M
Revenue (ttm)	308.00M
Net Income (ttm)	-62.98M
Shares Out	1.17B
EPS (ttm)	-0.06
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	202,133
Open	6.75
Previous Close	6.80
Day's Range	6.55 - 6.88
52-Week Range	0.87 - 6.90
Beta	1.85
Analysts	Strong Buy
Price Target	7.00 (+4.17%)
Earnings Date	Mar 18, 2025

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...

• Industry: Software - Application
• Sector: Technology
• IPO Date: Dec 13, 2019
• Employees: 2,440
• Stock Exchange: NYSE
• Ticker Symbol: OCFT
• Website: https://www.ocft.com

Financial Performance

In 2024, OCFT's revenue was 2.25 billion, a decrease of -38.70% compared to the previous year's 3.67 billion. Losses were -459.68 million, 26.7% more than in 2023.

Financial numbers in CNY

Analyst Forecast

According to one analyst, the rating for OCFT stock is "Strong Buy" and the 12-month stock price forecast is $7.0.

Price Target

$7.0

(4.17% upside)

Analyst Consensus: Strong Buy