OneConnect Financial Stock (NYSE:OCFT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$2.73

52W Range

$0.86 - $4.98

50D Avg

$2.49

200D Avg

$2.03

Market Cap

$100.45M

Avg Vol (3M)

$133.50K

Beta

1.84

Div Yield

-

OCFT Company Profile


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.

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Industry

Software - Application

Sector

Technology

Exchange

NYSE

ADR

Yes

Country

CN

Employees

2,078

IPO Date

Dec 13, 2019

Website

OCFT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Other Revenue$75.38M--
Risk Management Services$320.46M--
Others-$189.54M$182.38M
Revenue from guarantee model--$191.00K

Fiscal year ends in Dec 23 | Currency in CNY

OCFT Financial Summary


Dec 23Dec 22Dec 21
Revenue$3.67B$4.46B$4.13B
Operating Income$-368.21M$-947.92M$-1.33B
Net Income$-362.71M$-928.03M$-1.33B
EBITDA$-243.11M$-919.36M$-1.29B
Basic EPS$-0.33$-0.25$-36.02
Diluted EPS$-0.33$-0.25$-36.02

Fiscal year ends in Dec 23 | Currency in CNY

Latest Earnings Call Transcripts


Q3 24Nov 14, 24 | 1:06 PM
Q2 24Aug 16, 24 | 11:05 AM
Q1 24May 21, 24 | 12:00 AM

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