OneConnect Financial Technology Co., Ltd. (OCFT)

Market Cap	97.86M
Revenue (ttm)	407.83M
Net Income (ttm)	4.01M
Shares Out	1.09B
EPS (ttm)	0.00
PE Ratio	24.38
Forward PE	23.63
Dividend	n/a
Ex-Dividend Date	n/a

Volume	40,227
Open	2.480
Previous Close	2.390
Day's Range	2.290 - 2.870
52-Week Range	0.865 - 4.980
Beta	1.85
Analysts	Strong Buy
Price Target	7.00 (+143.9%)
Earnings Date	Nov 14, 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...

• 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 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

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

(143.90% upside)

Analyst Consensus: Strong Buy