OneConnect Financial Technology Co. Ltd. (OCFT)
| Market Cap | 6.14B |
| Revenue (ttm) | 506.47M |
| Net Income (ttm) | -206.97M |
| Shares Out | 389.99M |
| EPS (ttm) | -0.58 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | April 16 |
| Last Price | $15.75 |
| Previous Close | $15.96 |
| Change ($) | -0.21 |
| Change (%) | -1.32% |
| Day's Open | 15.99 |
| Day's Range | 15.64 - 16.24 |
| Day's Volume | 163,851 |
| 52-Week Range | 9.28 - 28.80 |
Result findings were revealed at virtual event organised by Blockchain Association Singapore Proof of Concept (PoC) developed for a quantum distributed ledger to uncover potential advantages for distrib...
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 in China, ...
Digital banking is growing around the world, and Southeast Asia is fertile ground for this fintech.
Shares of OneConnect Financial Tech (NYSE:OCFT) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 66.67% over the past year to ($0.15), which ...
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 in China, ...
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 in China, ...
The Chinese fintech stock had a great first year as a public company.
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.
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, Chairman a...
This fintech company is posting eye-popping growth despite an economic downturn.
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 recognized at ...
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 Insurance Group, ...
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 Group recent...
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 revenue growth. ...
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 countries.
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 in China, ...
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 in China, ...
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 in China, ...
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 vision of i...
SHENZHEN, China, Oct. 19, 2020 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT) has been recognized for its innovative OneConnect Financial Cloud wi...
SHENZHEN, China, Sept. 2, 2020 /PRNewswire/ -- OneConnect Financial Technology Co.
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 in China, ...
OneConnect (OCFT) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
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 in China, ...
OneConnect Financial Technology's (OCFT) CEO Ye Wangchun on Q2 2020 Results - Earnings Call Transcript
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 in China, ...
SHANGHAI--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company") (NYSE: OCFT) and Swiss Reinsurance Company Ltd.
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 in China, ...
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 in China, ...
The Chinese fintech inked a deal with a big public-sector client.
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 Local Fina...
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 50 List, ...
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 Series (GEIS), ...
OneConnect (OCFT) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
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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 Capital Markets.
How do you find the next potential home-run stock? Look closely at these three factors.
OneConnect Has High Growth But Even Higher Valuation
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 understand what we...
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 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 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 ... [Read more...]
| Industry Software-Application | IPO Date Dec 13, 2019 |
| Stock Exchange NYSE | Ticker Symbol OCFT |
Financial Performance
In 2020, OCFT's revenue was 3.31 billion, an increase of 42.29% compared to the previous year's 2.33 billion. Losses were -1.35 billion, -18.49% less than in 2019.
Analyst Forecasts
According to 8 analysts, the average rating for OCFT stock is "Buy." The 12-month stock price forecast is 26.89, which is an increase of 70.73% from the latest price.