OneConnect Financial Technology Co. Ltd. (OCFT)
| 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 |
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 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, ...
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 reco...
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...
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...
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...
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 ...
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 ...
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 ...
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 ...
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...
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...
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 ...
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 ...
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 ...
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 ...
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 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 ...
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...
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...
OneConnect (OCFT) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
These high-octane growth stocks could look like genius buys a decade from now.
These three mid-sized names have big growth potential.
CNBC looked through recent Wall Street research to find companies with strong growth stories.
Two China stocks look like solid buys, while another may be ripe for profit-taking.
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...
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 understa...
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 |
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.
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.