OneConnect Financial Technology Co. Ltd. (OCFT)
Stock Price:
$19.04 USD
0.07 (0.37%)
Updated Jul 2, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
7.03B |
| Revenue (ttm) |
n/a |
| Net Income (ttm) |
n/a |
| Shares Out |
369.29M |
| EPS (ttm) |
n/a |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
Jul 2, 2020 |
| Last Price |
$19.04 |
| Previous Close |
$18.97 |
| Change ($) |
0.07 |
| Change (%) |
0.37% |
| Day's Open |
19.14 |
| Day's Range |
18.97 - 19.48 |
| Day's Volume |
393,972 |
| 52-Week Range |
9.02 - 20.81 |
More Stats
| Market Cap |
7.03B |
| Enterprise Value |
6.66B |
| Earnings Date (est) |
Feb 23, 2021 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
369.29M |
| Float |
181.77M |
| EPS (basic) |
n/a |
| EPS (diluted) |
n/a |
| 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 |
3.71M |
| Short Ratio |
5.83 |
| Short % of Float |
n/a |
| Beta |
n/a |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| P/FCF Ratio |
n/a |
| PS Ratio |
n/a |
| PB Ratio |
12.19 |
| Revenue |
n/a |
| Operating Income |
n/a |
| Net Income |
n/a |
| Free Cash Flow |
n/a |
| Net Cash |
373.95M |
| Net Cash / Share |
1.01 |
| Gross Margin |
n/a |
| Operating Margin |
n/a |
| Profit Margin |
n/a |
| FCF Margin |
n/a |
| ROA |
-12.35% |
| ROE |
-41.14% |
| ROIC |
n/a |
Key stats in USD, based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (6)
| Buy |
5 |
| Overweight |
0 |
| Hold |
1 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$16.32*
(-14.29% downside)
Low
12.2
Current: 19.04
High
22.0
Target: 16.32
*Average 12-month USD price target from 6 stock analysts.
Financial Performance
Financial numbers in millions CNY.
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 |
Numbers in millions CNY, except per-share numbers.
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 |
Description
OneConnect Financial Technology Co., Ltd. operates as a technology-as-a-service platform for financial institutions in the People's Republic of China. The company provides cloud-platform-based Fintech solutions, and online information and operating support services. 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, China. OneConnect Financial Technology Co., Ltd. operates as a subsidiary of Sen Rong Limited.