NYSE
OCFT

Oneconnect Financial Technology Co

Software-Application
Technology

Prices are adjusted according to historical splits.

Oneconnect Financial Technology Co Stock Price

Vitals

Today's Low:
$3.44
Today's High:
$3.8899
Open Price:
$3.44
52W Low:
$2.61
52W High:
$10.6
Prev. Close:
$3.46
Volume:
27806

Company Statistics

Market Cap.:
$138.84 million
Book Value:
87.21
Revenue TTM:
$4.21 billion
Operating Margin TTM:
-6.92%
Gross Profit TTM:
$1.64 billion
Profit Margin:
-11.88%
Return on Assets TTM:
-2.08%
Return on Equity TTM:
-16.32%

Company Profile

Oneconnect Financial Technology Co had its IPO on 2019-12-13 under the ticker symbol OCFT.

The company operates in the Technology sector and Software-Application industry. Oneconnect Financial Technology Co has a staff strength of 2,568 employees.

Stock update

Shares of Oneconnect Financial Technology Co opened at $3.44 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.44 - $3.89, and closed at $3.78.

This is a +9.25% increase from the previous day's closing price.

A total volume of 27,806 shares were traded at the close of the day’s session.

In the last one week, shares of Oneconnect Financial Technology Co have increased by +6.18%.

Oneconnect Financial Technology Co's Key Ratios

Oneconnect Financial Technology Co has a market cap of $138.84 million, indicating a price to book ratio of 0.5454 and a price to sales ratio of 0.0615.

In the last 12-months Oneconnect Financial Technology Co’s revenue was $4.21 billion with a gross profit of $1.64 billion and an EBITDA of $-218887008. The EBITDA ratio measures Oneconnect Financial Technology Co's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Oneconnect Financial Technology Co’s operating margin was -6.92% while its return on assets stood at -2.08% with a return of equity of -16.32%.

In Q2, Oneconnect Financial Technology Co’s quarterly earnings growth was a positive 0% while revenue growth was a negative 14.1%.

Oneconnect Financial Technology Co’s PE and PEG Ratio

Forward PE
81.3008
Trailing PE
0.0935
PEG

Its diluted EPS in the last 12-months stands at $38.06 per share while it has a forward price to earnings multiple of 81.3008 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Oneconnect Financial Technology Co’s profitability.

Oneconnect Financial Technology Co stock is trading at a EV to sales ratio of 0.0022 and a EV to EBITDA ratio of 0.1386. Its price to sales ratio in the trailing 12-months stood at 0.0615.

Oneconnect Financial Technology Co stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$8.48 billion
Total Liabilities
$5.19 billion
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
0%

Oneconnect Financial Technology Co ended 2024 with $8.48 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.48 billion while shareholder equity stood at $3.17 billion.

Oneconnect Financial Technology Co ended 2024 with $0 in deferred long-term liabilities, $5.19 billion in other current liabilities, 78000.00 in common stock, $-7701364000.00 in retained earnings and $289.16 million in goodwill. Its cash balance stood at $1.52 billion and cash and short-term investments were $3.60 billion. The company’s total short-term debt was $256,418,000 while long-term debt stood at $0.

Oneconnect Financial Technology Co’s total current assets stands at $6.25 billion while long-term investments were $816.57 million and short-term investments were $2.08 billion. Its net receivables were $2.39 billion compared to accounts payable of $2.41 billion and inventory worth $0.

In 2024, Oneconnect Financial Technology Co's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Oneconnect Financial Technology Co paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$3.78
52-Week High
$10.6
52-Week Low
$2.61
Analyst Target Price
$4.51

Oneconnect Financial Technology Co stock is currently trading at $3.78 per share. It touched a 52-week high of $10.6 and a 52-week low of $10.6. Analysts tracking the stock have a 12-month average target price of $4.51.

Its 50-day moving average was $3.62 and 200-day moving average was $5.26 The short ratio stood at 3.74 indicating a short percent outstanding of 0%.

Around 1715.3% of the company’s stock are held by insiders while 525.5% are held by institutions.

Frequently Asked Questions About Oneconnect Financial Technology Co

The stock symbol (also called stock or share ticker) of Oneconnect Financial Technology Co is OCFT

The IPO of Oneconnect Financial Technology Co took place on 2019-12-13

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About

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 AI Banker App to banks’ relationship managers for managing the acquisition of retail customers and their relationships with retail customers; retail banking operation management platform for monitor retail banking business; wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business; customer incentive and management platform, which helps banks to set up their own customer reward portals; and intelligent risk management solutions. The company also offers commercial-banking-as-a-service solutions, including intelligent service, intelligent product development, and intelligent risk management platforms; digital services platforms for government agencies that provide integrated credit, cross-border trade, financial, and enterprise services; banking core system solutions; and digital insurance solutions for digitalizing the insurance process, marketing, customer management, and claim processing, as well as customers service management platforms for auto aftermarket and healthcare services. In addition, it provides Gamma Voice Solution, an AI customer service for financial institutions; and Gamma FinCloud Open Platform, a plug-and-play, ready-to-integrate application development components for financial institutions. Further, the company offers information transmission, information technology advisory services, E-commerce security certificate administration, insurance survey and loss adjustment, and asset management and consulting. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the People’s Republic of China.

Address

Ping An Financial Center, Shenzhen, China