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OneConnect Financial Technology Co. Ltd. (OCFT)

Stock Price: $21.51 USD -0.82 (-3.67%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
Market Cap 8.39B
Revenue (ttm) 441.92M
Net Income (ttm) -236.13M
Shares Out 389.99M
EPS (ttm) -0.70
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day January 15
Last Price $21.51
Previous Close $22.33
Change ($) -0.82
Change (%) -3.67%
Day's Open 22.25
Day's Range 20.78 - 22.34
Day's Volume 522,445
52-Week Range 9.14 - 26.99

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Business Wire - 2 hours ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) (“OneConnect” or the “Company”), a leading technology-as-a-service platform for financial institutions ...

The Motley Fool - 1 week ago

The Chinese fintech stock had a great first year as a public company.

Seeking Alpha - 3 weeks ago

OneConnect's stock price has doubled in the past 12 months. The net income growth caused by the non-recurring cost cuts is barely sustainable.

PRNewsWire - 3 weeks ago

SHENZHEN, China, Dec. 21, 2020 /PRNewswire/ -- Financial technology has moved from the innovation fringe of the financial services sector to become the engine of its growth, says Ye Wangchun, ...

The Motley Fool - 1 month ago

This fintech company is posting eye-popping growth despite an economic downturn.

PRNewsWire - 1 month ago

SHENZHEN, China, Dec. 11, 2020 /PRNewswire/ -- Leading technology-as-a-service platform provider OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) ("OneConnect" or "the Company") was reco...

PRNewsWire - 1 month ago

SHENZHEN, China, Nov. 26, 2020 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT), the leading technology-as-a-service platform provider and an associate of Ping An Insuran...

PRNewsWire - 1 month ago

SHENZHEN, China, Nov. 22, 2020 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT), an associate of the Ping An Group, and China Merchants Gr...

PRNewsWire - 2 months ago

SHENZHEN, China, Nov. 17, 2020 /PRNewswire/ -- With the advancement of new financial infrastructure, the integration of online and offline financial institutions will be a key driver of revenu...

Seeking Alpha - 2 months ago

OneConnect Financial Technology went public in December 2019, raising $312 million in a U.S. IPO. The firm provides modern software to banking and insurance companies in China and other Asian ...

Business Wire - 2 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions ...

Business Wire - 2 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions ...

Business Wire - 2 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) (“OneConnect” or the “Company”), a leading technology-as-a-service platform for financial institutions ...

PRNewsWire - 2 months ago

HONG KONG, Oct. 20, 2020 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (OneConnect, NYSE: OCFT), a leading technology-as-a-service platform for financial institutions, shared its v...

PRNewsWire - 2 months ago

SHENZHEN, China, Oct. 19, 2020 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT) has been recognized for its innovative OneConnect Financia...

PRNewsWire - 4 months ago

SHENZHEN, China, Sept. 2, 2020 /PRNewswire/ -- OneConnect Financial Technology Co.

Business Wire - 5 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions ...

Zacks Investment Research - 5 months ago

OneConnect (OCFT) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

Business Wire - 5 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions ...

Seeking Alpha - 5 months ago

OneConnect Financial Technology's (OCFT) CEO Ye Wangchun on Q2 2020 Results - Earnings Call Transcript

Business Wire - 5 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions ...

Business Wire - 5 months ago

SHANGHAI--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company") (NYSE: OCFT) and Swiss Reinsurance Company Ltd.

Business Wire - 5 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions ...

Business Wire - 5 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) (“OneConnect” or the “Company”), a leading technology-as-a-service platform for financial institutions ...

The Motley Fool - 6 months ago

The Chinese fintech inked a deal with a big public-sector client.

Business Wire - 6 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company") (NYSE: OCFT) has signed a strategic cooperation framework agreement with the Hainan ...

Business Wire - 6 months ago

SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect Company” or the “Company") (NYSE: OCFT), was selected on June 29 for the 2020 CB Insights China Fintech...

PRNewsWire - 6 months ago

SHENZHEN, China, July 2, 2020 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect Company" or the "Company") (NYSE: OCFT), is now added to the FTSE Global Equity Index Serie...

Zacks Investment Research - 6 months ago

OneConnect (OCFT) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

The Motley Fool - 7 months ago

These high-octane growth stocks could look like genius buys a decade from now.

Other stocks mentioned: CRWD, DDOG
The Motley Fool - 10 months ago

These three mid-sized names have big growth potential.

Other stocks mentioned: CCMP, UI
CNBC - 11 months ago

CNBC looked through recent Wall Street research to find companies with strong growth stories.

Other stocks mentioned: PINS, PTON, CHTR, SCPL, WFC
The Motley Fool - 1 year ago

Two China stocks look like solid buys, while another may be ripe for profit-taking.

Other stocks mentioned: JD
Benzinga - 1 year ago

OneConnect Financial Tech Co Ltd ADR (NYSE: OCFT) is a leading FinTech enabler with significant competitive advantages in a market that represents huge opportunity, according to KeyBanc Capita...

The Motley Fool - 1 year ago

How do you find the next potential home-run stock? Look closely at these three factors.

Other stocks mentioned: CVNA, TWLO
Seeking Alpha - 1 year ago

OneConnect Has High Growth But Even Higher Valuation

TechCrunch - 1 year ago

OneConnect’s US-listed IPO flew under our radar last week, which won’t do. The company’s public offering is both interesting and important, so let’s take a few minutes this morning to understa...

Reuters - 1 year ago

Shares of OneConnect Financial Technology jumped 5% in their U.S. market debut on Friday, valuing the Chinese cloud tech firm at $3.79 billion.

About OCFT

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 Re... [Read more...]

Industry
Software-Application
IPO Date
Dec 13, 2019
CEO
Dr. Wangchun Ye
Employees
3,631
Stock Exchange
NYSE
Ticker Symbol
OCFT
Full Company Profile

Financial Performance

In 2019, OCFT's revenue was 2.33 billion, an increase of 64.69% compared to the previous year's 1.41 billion. Losses were -1.66 billion, 38.9% more than in 2018.

Financial numbers in millions CNY.
Financial Statements

Analyst Forecasts

According to 8 analysts, the average rating for OCFT stock is "Buy." The 12-month stock price forecast is 26.36, which is an increase of 22.55% from the latest price.

Price Target
$26.36
(22.55% upside)
Analyst Consensus: Buy