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Technology - Software - Application - NYSE - CN
$ 2.32
-0.855 %
$ 109 M
Market Cap
-1.93
P/E
1. INTRINSIC VALUE

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 that offers digital infrastructure for financial institutions to manage various aspects of their business, including data, smart operation, comprehensive risk, and asset and liability management, as well as accounting, personnel, and office management; Gamma FinCloud, an open PaaS and IaaS platform for ready-to-integrate financial technology components; and Blockchain network-as-a-service.[ Read More ]

The intrinsic value of one OCFT stock under the base case scenario is HIDDEN Compared to the current market price of 2.32 USD, OneConnect Financial Technology Co., Ltd. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart OCFT

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FINANCIALS
3.67 B REVENUE
-17.84%
-368 M OPERATING INCOME
61.16%
-362 M NET INCOME
63.47%
-648 M OPERATING CASH FLOW
13.07%
319 M INVESTING CASH FLOW
-82.99%
-214 M FINANCING CASH FLOW
69.22%
692 M REVENUE
-4.25%
-39.2 M OPERATING INCOME
40.99%
243 M NET INCOME
333.24%
-183 M OPERATING CASH FLOW
-58.59%
224 M INVESTING CASH FLOW
-12.27%
-28.8 M FINANCING CASH FLOW
71.46%
Balance Sheet Decomposition OneConnect Financial Technology Co., Ltd.
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Current Assets 5.36 B
Cash & Short-Term Investments 3.16 B
Receivables 810 M
Other Current Assets 1.39 B
Non-Current Assets 2.71 B
Long-Term Investments 1.37 B
PP&E 85.1 M
Other Non-Current Assets 1.25 B
Current Liabilities 5.07 B
Accounts Payable 247 M
Short-Term Debt 329 M
Other Current Liabilities 4.5 B
Non-Current Liabilities 47.5 M
Long-Term Debt 28.3 M
Other Non-Current Liabilities 19.2 M
EFFICIENCY
Earnings Waterfall OneConnect Financial Technology Co., Ltd.
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Revenue 3.67 B
Cost Of Revenue 2.32 B
Gross Profit 1.35 B
Operating Expenses 1.72 B
Operating Income -368 M
Other Expenses -6.5 M
Net Income -362 M
RATIOS
36.79% GROSS MARGIN
36.79%
-10.04% OPERATING MARGIN
-10.04%
-9.89% NET MARGIN
-9.89%
-12.23% ROE
-12.23%
-4.50% ROA
-4.50%
-11.55% ROIC
-11.55%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis OneConnect Financial Technology Co., Ltd.
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Net Income -362 M
Depreciation & Amortization 201 M
Capital Expenditures -37.5 M
Stock-Based Compensation 14.5 M
Change in Working Capital -514 M
Others 129 M
Free Cash Flow -686 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets OneConnect Financial Technology Co., Ltd.
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OCFT has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership OneConnect Financial Technology Co., Ltd.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
OneConnect Financial Technology Co., Ltd. (OCFT) Q3 2024 Earnings Call Transcript OneConnect Financial Technology Co., Ltd. (NYSE:OCFT ) Q3 2024 Earnings Conference Call November 14, 2024 7:00 AM ET Company Participants Rick Chan - Head of IR Shen Chongfeng - Chairman and CEO Michael Lin - CFO Conference Call Participants Operator Ladies and gentlemen, thank you all for standing by and welcome to OneConnect's Third Quarter 2024 Earnings Call. seekingalpha.com - 2 days ago
OneConnect Financial Technology Co., Ltd. (OCFT) Q2 2024 Earnings Call Transcript OneConnect Financial Technology Co., Ltd. (NYSE:OCFT ) Q2 2024 Earnings Conference Call August 16, 2024 8:00 AM ET Company Participants Rick Chan - Head of IR Shen Chongfeng - Chairman & CEO Luo Yongtao - CFO Conference Call Participants Judy Zhang - Citigroup Operator Ladies and gentlemen, thank you for standing by and welcome to OneConnect Second Quarter 2024 Earnings Call. seekingalpha.com - 3 months ago
OneConnect Financial Technology Co., Ltd. (OCFT) Q1 2024 Earnings Call Transcript OneConnect Financial Technology Co., Ltd. (NYSE:OCFT ) Q1 2024 Earnings Conference Call May 21, 2024 8:00 AM ET Company Participants Rick Chan - Head of IR Shen Chong Feng - Chairman & CEO Luo Yongtao - CFO Conference Call Participants Lydia Lin - Morgan Stanley Laura Lee - CGS International Alan Kuang - Citigroup Operator Ladies and gentlemen, thank you for standing by, and welcome to OneConnect's First Quarter 2024 Earnings Call. seekingalpha.com - 5 months ago
OneConnect Financial Technology Co., Ltd. (OCFT) Q4 2023 Earnings Call Transcript OneConnect Financial Technology Co., Ltd. (OCFT) Q4 2023 Earnings Call Transcript seekingalpha.com - 8 months ago
5 Beaten-Down Chinese Stocks Set to Rebound in 2024 We have picked China stocks H World Group (HTHT), DouYu International (DOYU), Kanzhun (BZ), JinkoSolar (JKS) and OneConnect Financial (OCFT) that hold promise in 2024. zacks.com - 10 months ago
5 Secret Santa Stocks to Pop Surprise Returns Enanta Pharmaceuticals (ENTA), OneConnect Financial. (OCFT), KNOT Offshore (KNOP), Hippo Holdings (HIPO) and H World Group (HTHT) could surprise investors with big returns this Christmas. zacks.com - 10 months ago
OneConnect Financial Technology Co., Ltd. (OCFT) Q2 2023 Earnings Call Transcript OneConnect Financial Technology Co., Ltd. (NYSE:OCFT ) Q2 2023 Earnings Conference Call August 16, 2023 8:00 AM ET Company Participants Rick Chan - Head of Investor Relations Shen Chong Feng - Chairman and Chief Executive Officer Luo Yongtao - Chief Financial Officer Jessie Shen - Head of Strategy, Corporate Planning and Product Management Conference Call Participants Timothy Zhao - Goldman Sachs Lydia Lin - Morgan Stanley Laura Lee - CGS-CIMB Operator Ladies and gentlemen, thank you for standing by, and welcome to OneConnect Second Quarter 2023 Earnings Call. seekingalpha.com - 1 year ago
3 Technology Services Stocks to Buy for a Stronger Portfolio Gaining from the rising importance of technology services, HIVE, OCFT and TT can be considered by investors for their portfolios. zacks.com - 1 year ago
How Much Upside is Left in OneConnect Financial Technology Co., Ltd. Sponsored ADR (OCFT)? The mean of analysts' price targets for OneConnect Financial Technology Co., Ltd. Sponsored ADR (OCFT) points to an 87.8% upside in the stock. zacks.com - 1 year ago
OneConnect Financial Technology Co., Ltd. (OCFT) Q1 2023 Earnings Call Transcript OneConnect Financial Technology Co., Ltd. (NYSE:OCFT ) Q1 2023 Earnings Conference Call May 22, 2023 8:00 AM ET Company Participants Rick Chan - Head of Investor Relations Shen Chong Feng - Chairman and Chief Executive Officer Luo Yongtao - Chief Financial Officer Li Jie - Chief Technology Officer Michael Fei - Chief Executive, Ping An OneConnect Bank Conference Call Participants Timothy Zhao - Goldman Sachs Lydia Lin - Morgan Stanley Operator Ladies and gentlemen, thank you for standing by, and welcome to the OneConnect First Quarter 2023 Earnings Call. seekingalpha.com - 1 year ago
3 Penny Stocks to Buy as the AI Sector Transforms Every Industry in 2023 AI penny stocks offer investors a thrilling opportunity to tap into the fast-evolving artificial intelligence space. AI penny stocks have limited financial resources and modest profits, but their long-term growth prospects are enticing. investorplace.com - 1 year ago
Unimpressive Hong Kong Keeps No. 3 Spot In Global IPO Race Hong Kong IPOs fell sharply last year, but the fundraising is expected to rebound this year as global inflation moderates and China reopens. The fading threat of forced de-listings for Chinese companies in New York could have a negative impact on Hong Kong IPOs this year. seekingalpha.com - 1 year ago
8. Profile Summary

OneConnect Financial Technology Co., Ltd. OCFT

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COUNTRY CN
INDUSTRY Software - Application
MARKET CAP $ 109 M
Dividend Yield 0.00%
Description 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 that offers digital infrastructure for financial institutions to manage various aspects of their business, including data, smart operation, comprehensive risk, and asset and liability management, as well as accounting, personnel, and office management; Gamma FinCloud, an open PaaS and IaaS platform for ready-to-integrate financial technology components; and Blockchain network-as-a-service. In addition, it operates Regtech, an end-to-end regulatory solution to help regulatory authorities automate and digitalize their operations; and offers asset management and consulting services. The company serves customers in the financial services industry, including banking, insurance, and other financial institutions. It has a strategic agreement with the Hainan Local Financial Supervision Administration to develop smart financial and smart supervision services in the island province of Hainan, as well as the financial sector in Hainan free trade port. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China.
Contact Ping An Financial Center, Shenzhen, 518000 https://www.ocft.com
IPO Date Dec. 13, 2019
Employees 2078
Officers Mr. Qingshan Gu Chief Technology Officer of Gamma Division & Insurance Division Mr. Rubo Lin Chief Financial Officer Mr. Tsz Fung Chan Company Secretary Mr. Chong Feng Shen Chairman of the Board & Chief Executive Officer Ms. Fang Liu GM Assistant, Chief Products Officer & Chief Executive Officer of Insurance Division Ms. Danielle Gao Head of Investor Relations Mr. Xuhua Chen Chief Marketing Officer Dr. Runzhong Huang Executive Vice President Ms. Bin Ru Tan Chief Executive Officer of Southeast Asia