OneConnect Financial Technology Co. Ltd. (OCFT)
| Market Cap | 1.49B |
| Revenue (ttm) | 576.11M |
| Net Income (ttm) | -194.10M |
| Shares Out | 1.17B |
| EPS (ttm) | -0.54 |
| PE Ratio | n/a |
| Forward PE | 81.30 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,091,998 |
| Open | 3.85 |
| Previous Close | 3.83 |
| Day's Range | 3.78 - 4.00 |
| 52-Week Range | 3.46 - 24.95 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 8.04 (+108.2%) |
| Est. Earnings Date | Nov 2, 2021 |
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 ...
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.
Financial numbers in millions CNYFinancial StatementsAnalyst Forecast
According to 9 analysts, the average rating for OCFT stock is "Buy." The 12-month stock price forecast is 8.04, which is an increase of 108.23% from the latest price.
News
2 Falling Knives to Catch
Wall Street recommends purchasing shares of OneConnect Financial Technology Co Ltd ( OCFT , Financial) and Ardelyx Inc ( ARDX , Financial). This sounds quite surprising, as these two equities have not p...
OneConnect Accelerates Strategic Growth with New "One Body and Two Wings" Five-year Strategy
SHENZHEN, China, Sept. 13, 2021 /PRNewswire/ -- On September 10, OneConnect Financial Technology Co., Ltd.
OneConnect Responds to Whistleblower Complaint
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 Announces Memorandum of Understanding to Purchase Majority Stake in a Credit Technology Company
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 The Stock Market Is Down Today & 3 Penny Stocks To Watch Now
Here's why the stock market is down today. The post Why The Stock Market Is Down Today & 3 Penny Stocks To Watch Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
OneConnect Announces that Its Management Intends to Increase Their Shareholdings Demonstrating Confidence in the Pros...
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, ...
Scott+Scott Attorneys at Law LLP Announces Investigation into OneConnect Financial Technology Co., Ltd. (OCFT)
NEW YORK--(BUSINESS WIRE)-- #OCFT--Scott+Scott Attorneys at Law LLP Announces Investigation into OneConnect Financial Technology Co., Ltd. (OCFT)
Why Shares of OneConnect Financial Tech Are Falling Today
The company reported earnings from the second quarter of this year.
OneConnect Announces Second Quarter 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 platform for financial institutions in China, ...
OneConnect Wins Two Awards for its Pioneering Fintech Solutions at the Asian Banker China Awards 2021
BEIJING, July 27, 2021 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) ("OneConnect"), a leading technology-as-a-service platform for financial institutions and an associate of Pi...
OneConnect to Announce Second Quarter 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 Impresses at World Artificial Intelligence Conference 2021 in Shanghai
SHANGHAI, July 9, 2021 /PRNewswire/ -- Leading technology-as-a-service platform provider OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) ("OneConnect" or "the Company"), an associate company of P...
3 International Stocks With 32% to 99% Upside, According to Wall Street
These high-powered growth stocks are powering digital commerce in the developing world.
NDB Bank appoints Axion to deliver Sri Lanka's first AI-based Video Know-Your-Customer built by OneConnect to engage ...
vKYC timely addresses the imperative need for Sri Lankans to open bank accounts, apply for loans and credit cards remotely amidst the pandemic First AI-based vKYC to roll out in Sri Lanka following the ...
OneConnect Financial Technology Co., Ltd. Sponsored ADR (OCFT) Surges 6.7%: Is This an Indication of Further Gains?
OneConnect Financial Technology Co., Ltd. Sponsored ADR (OCFT) was a big mover last session on higher-than-average trading volume.
SB Finance partners with OneConnect Financial Technology to roll-out cloud based financial technology
SINGAPORE, May 18, 2021 /PRNewswire/ -- Consumer lending company, SB Finance Company Inc. has signed a strategic partnership with OneConnect Financial Technology Co., Ltd. (NYSE: OCFT), a leading techno...
OneConnect Announces First Quarter 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 platform for financial institutions in China, ...
OneConnect to Announce First Quarter 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 Financial Technology and Singapore Management University announce key findings from joint research on pote...
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...
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 platform for financial institutions in China, ...
1 Reason Smart Investors Are Watching OneConnect Financial Technology
Digital banking is growing around the world, and Southeast Asia is fertile ground for this fintech.
Recap: OneConnect Financial Tech Q4 Earnings
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 ...
OneConnect Announces Fourth Quarter and Full Year Unaudited Financial Results
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 to Announce Fourth Quarter and Full Year 2020 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, ...