OneConnect Financial Technology Co. Ltd. (OCFT)
Stock Price Chart
Key Info
| Market Cap | 8.00B |
| Revenue (ttm) | 2.71B |
| Net Income (ttm) | -1.65B |
| Shares Out | 369.29M |
| EPS (ttm) | -4.47 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
Stock Quote
| Trading Day | Oct 27, 2020 |
| Last Price | $21.65 |
| Previous Close | $21.40 |
| Change ($) | 0.25 |
| Change (%) | 1.17% |
| Day's Open | 21.41 |
| Day's Range | 20.78 - 21.82 |
| Day's Volume | 319,018 |
| 52-Week Range | 9.02 - 28.80 |
More Stats
| Market Cap | 8.00B |
| Enterprise Value | 7.66B |
| Earnings Date (est) | Nov 3, 2020 |
| Ex-Dividend Date | n/a |
| Shares Outstanding | 369.29M |
| Float | 364.81M |
| EPS (basic) | n/a |
| EPS (diluted) | -4.47 |
| FCF / Share | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
| Payout Ratio | n/a |
| Shares Short | 2.83M |
| Short Ratio | 5.82 |
| Short % of Float | 0.78% |
| Beta | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| P/FCF Ratio | n/a |
| PS Ratio | 2.95 |
| PB Ratio | 13.16 |
| Revenue | 2.71B |
| Operating Income | n/a |
| Net Income | -1.65B |
| Free Cash Flow | n/a |
| Net Cash | 330.99M |
| Net Cash / Share | 0.90 |
| Gross Margin | n/a |
| Operating Margin | n/a |
| Profit Margin | n/a |
| FCF Margin | n/a |
| ROA | -11.67% |
| ROE | -46.56% |
| ROIC | n/a |
Analyst Summary
Analyst Consensus: Buy
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 |
|---|---|---|---|
| Revenue | 2,328 | 1,413 | 582 |
| Revenue Growth | 64.69% | 142.9% | - |
| Gross Profit | 767 | 389 | 99.37 |
| Operating Income | -1,701 | -1,114 | -890 |
| Net Income | -1,661 | -1,196 | -607 |
| Shares Outstanding | 1,082 | 1,082 | - |
| Earnings Per Share | -5.31 | -3.87 | -2.70 |
| Operating Cash Flow | -1,817 | -489 | -229 |
| Capital Expenditures | -96.89 | -84.83 | -15.72 |
| Free Cash Flow | -1,914 | -574 | -244 |
| Cash & Equivalents | 6,209 | 7,117 | 1,712 |
| Total Debt | 3,219 | 3,386 | 1,502 |
| Net Cash / Debt | 2,991 | 3,731 | 210 |
| Assets | 9,927 | 9,383 | 3,016 |
| Liabilities | 5,407 | 5,552 | 3,050 |
| Book Value | 4,370 | 3,720 | -34.88 |
Company Profile
Company Details
| Full Name | OneConnect Financial Technology Co. Ltd. |
| Country | China |
| Employees | 3,631 |
| CEO | Wangchun Ye |
Stock Information
| Ticker Symbol | OCFT |
| Stock Exchange | New York Stock Exchange |
| Sector | Technology |
| Industry | Software—Application |
| Unique Identifier | NYSE: OCFT |
| IPO Date | December 13, 2019 |
Description
OneConnect Financial Technology Company 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 digital retail banking, small and medium enterprises (SME) financing and services, retail and SME banking risk-management, auto insurance operations and services, asset management, asset-liability management, artificial intelligence customer service, core systems, and insurance sales management solutions. The company also operates Regtech, an end-to-end regulatory solution to help regulatory authorities automate and digitalize their operations; Gamma O, an open API platform-as-a-service for reusable financial technology components and integrations; and Blockchain network-as-a-service. In addition, it provides technology infrastructure, such as data management and cloud services. The company serves customers in the financial services industry, including banking, insurance, and asset management. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China. OneConnect Financial Technology Co., Ltd. has a strategic agreement with the Hainan Local Financial Supervision Administration to develop smart financial and smart supervision services in the island province of Hainan, as well as the financial sector in Hainan free trade port. OneConnect Financial Technology Co., Ltd. is a subsidiary of Sen Rong Limited.