OneConnect Financial Technology Co. Ltd. (OCFT)
| Market Cap | 518.69M |
| Revenue (ttm) | 676.80M |
| Net Income (ttm) | -202.27M |
| Shares Out | 389.99M |
| EPS (ttm) | -0.52 |
| PE Ratio | n/a |
| Forward PE | 81.30 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,027,695 |
| Open | 1.40 |
| Previous Close | 1.44 |
| Day's Range | 1.30 - 1.40 |
| 52-Week Range | 0.99 - 5.78 |
| Beta | 0.39 |
| Analysts | Buy |
| Price Target | 2.09 (+57.1%) |
| Earnings Date | Aug 8, 2022 |
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, digital commercial banking, digital auto insurance and life insurance, and artificial intelligence customer services, as well as sales management, risk management, and operation support services. The company also operates gamma core banking system, a customer centric solution; digitalized management platform... [Read more...]
Financial Performance
In 2021, OCFT's revenue was 4.13 billion, an increase of 24.76% compared to the previous year's 3.31 billion. Losses were -1.28 billion, -5.31% less than in 2020.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for OCFT stock is "Buy." The 12-month stock price forecast is 2.09, which is an increase of 57.14% from the latest price.
News
OneConnect to Announce Second Quarter and First Half 2022 Financial Results
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) (“OneConnect” or the “Company”), a leading technology-as-a-service platform for financial institut...
OneConnect Successfully Listed on the Main Board of the Stock Exchange of Hong Kong
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect Announces Proposed Dual Primary Listing on The Stock Exchange of Hong Kong Limited
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect Announces Arrangement of Batch-Conversion of American Depositary Shares to Ordinary Shares Trading in Hong...
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
Check These 3 Penny Stocks Out in Mid-June 2022
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OneConnect Shares Jump As It Upsizes Its Buyback Program
OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) board approved the upsizing of its share repurchase program by 1% of the outstanding shares.
OneConnect Announces Upsize of Its Share Repurchase Program
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect Announces First Quarter 2022 Unaudited Financial Results
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect to Announce First Quarter 2022 Financial Results
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, ...
OneConnect Provides Update on Status Under Holding Foreign Companies Accountable Act
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect Announces Annual General Meeting Results
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect Files Annual Report on Form 20-F
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect Announces Share Purchase by Ping An Group
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect to Hold Annual General Meeting on April 8, 2022
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect Announces Fourth Quarter and Full Year 2021 Unaudited Financial Results
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect Announces Share Repurchase Program
SHENZHEN, China--(BUSINESS WIRE)--OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, ...
OneConnect to Announce Fourth Quarter and Full Year 2021 Financial Results
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, ...
OneConnect Makes Forbes Blockchain 50 2022 List for Advanced Trade and Financing Solutions
SHANGHAI, Feb. 10, 2022 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) ("OneConnect" or "the Company"), a leading technology-as-a-service platform for financial institutions, has...
OneConnect's AI Open Innovation Platform for Inclusive Finance Receives 2021 Wu Wenjun AI Science and Technology Prog...
SHANGHAI, Jan. 19, 2022 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) ("OneConnect"), a leading technology-as-a-service platform for financial institutions, has been awarded the...
China's OneConnect Closes Partnership Deal With PBOC's Chengfang
Technology-as-a-service platform OneConnect closed a partnership deal with Chengfang Financial Technology, a FinTech established by the People's Bank of China (PBOC), according to a press release on Mon...
OneConnect Inks New Strategic Partnership Agreement with Chengfang Financial Technology
SHANGHAI, Jan. 9, 2022 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) ("OneConnect"), a leading technology-as-a-service platform for financial institutions has today announced it...
OneConnect Recognized in World's Top Ten Fintech Companies in 2021 in Patent Quality List
SHANGHAI, Dec. 9, 2021 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) ("OneConnect"), a key driver of fintech strategy for associate Ping An Insurance Group of China ("Ping An"),...
OneConnect Announces Expiration of Exclusivity Period Under Its Memorandum of Understanding to Purchase Majority Stak...
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, ...
Why OneConnect Financial Technology Soared Today
The Chinese fintech released an upgrade to its tech platform for banks and insurance companies.
OneConnect Launches New Gamma Core Banking System
OneConnect Financial Technology Co Ltd (NYSE: OCFT) launched Gamma Core, its latest core banking system for financial institutions. Gamma Core helps banks undergo a complete digital restructuring to up...