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OneConnect Financial Technology Co., Ltd. (OCFT)

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2.6000 +0.3500 (+15.56%)
At close: October 18 at 4:00 PM EDT
2.5300 -0.07 (-2.69%)
After hours: October 18 at 4:08 PM EDT
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DELL
  • Previous Close 2.2500
  • Open 2.3700
  • Bid 2.5100 x 800
  • Ask 2.6600 x 1400
  • Day's Range 2.4800 - 2.7400
  • 52 Week Range 0.8650 - 4.9800
  • Volume 145,867
  • Avg. Volume 115,946
  • Market Cap (intraday) 106.856M
  • Beta (5Y Monthly) 2.13
  • PE Ratio (TTM) --
  • EPS (TTM) -1.2200
  • Earnings Date Aug 16, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 2.26

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 operates in Technology Solutions and Virtual Bank Business segments. The company offers Gamma Platform, which offers a toolbox of separate solution modules that provide technology infrastructure and underlying technologies; marketing management platform, developed from AI Banker App, provides banks relationship managers with technology that supports in managing their acquisition and relationships with retail customers; and wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business. It also provides intelligent product development platform for banks, which allows to shorten product development cycle, enhance speed to market, and facilitate product portfolio management; Regtech, an end-to-end regulatory solution for financial regulatory authorities; asset-liability management solution provides analytics to enhance financial institutions asset liquidity performance; and digital insurance solutions for digitalizing the insurance process, marketing, customer management, and claim processing under intelligent property and casualty insurance and life insurance solution. In addition, the company provides Gamma Voice Solution, an AI customer service for support customer service functions; and Gamma FinCloud, which allows entities with expensive-to-replace legacy systems to directly migrate to the cloud to securely maintain their data. Further, it offers information transmission, information technology advisory, E-commerce security certificate administration, technology promotion and computer application, software and technology, insurance survey and loss adjustment, and asset management and consulting services. The company was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China.

www.ocft.com

2,078

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: OCFT

Trailing total returns as of 10/18/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

OCFT
19.50%
HANG SENG INDEX
22.04%

1-Year Return

OCFT
16.13%
HANG SENG INDEX
17.05%

3-Year Return

OCFT
92.70%
HANG SENG INDEX
17.87%

5-Year Return

OCFT
97.53%
HANG SENG INDEX
24.86%

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Statistics: OCFT

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Valuation Measures

Annual
As of 10/18/2024
  • Market Cap

    106.90M

  • Enterprise Value

    -220.34M

  • Trailing P/E

    --

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.21

  • Price/Book (mrq)

    0.23

  • Enterprise Value/Revenue

    --

  • Enterprise Value/EBITDA

    --

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -1.02%

  • Return on Assets (ttm)

    -3.38%

  • Return on Equity (ttm)

    -10.58%

  • Revenue (ttm)

    3.25B

  • Net Income Avi to Common (ttm)

    -319.55M

  • Diluted EPS (ttm)

    -1.2200

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    2.08B

  • Total Debt/Equity (mrq)

    6.00%

  • Levered Free Cash Flow (ttm)

    -2.34B

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