OneConnect Financial Technology Co., Ltd.

Symbol: OCFT

NYSE

1.88

USD

Market price today

  • -40.2135

    P/E Ratio

  • -0.5779

    PEG Ratio

  • 74.31M

    MRK Cap

  • 0.00%

    DIV Yield

OneConnect Financial Technology Co., Ltd. (OCFT) Stock Price & Analysis

Shares Outstanding

39.53M

Gross Profit Margin

0.37%

Operating Profit Margin

-0.10%

Net Profit Margin

-0.10%

Return on Assets

-0.05%

Return on Equity

-0.12%

Return on Capital Employed

-0.12%

Company general description and statistics

Sector: Technology
Industry: Software - Application
CEO:Mr. Chong Feng Shen
Full-time employees:2832
City:Shenzhen
Address:Ping An Financial Center
IPO:2019-12-13
CIK:0001780531

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.

General Outlook

In simple terms, OneConnect Financial Technology Co., Ltd. has 39.527 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.368% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -0.100%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.100%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust -0.045% return, is a testament to OneConnect Financial Technology Co., Ltd.'s adeptness in optimizing resource deployment. OneConnect Financial Technology Co., Ltd.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.119%. Furthermore, the proficiency of OneConnect Financial Technology Co., Ltd. in capital utilization is underscored by a remarkable -0.123% return on capital employed.

Stock Prices

OneConnect Financial Technology Co., Ltd.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $2.29, while its low point bottomed out at $2.2. This variance in figures offers investors a lucid insight into the roller-coaster ride that is OneConnect Financial Technology Co., Ltd.'s stock market.

Liquidity Ratios

Analyzing OCFT liquidity ratios reveals its financial health of the firm. The current ratio of 105.64% gauges short-term asset coverage for liabilities. The quick ratio (59.97%) assesses immediate liquidity, while the cash ratio (27.19%) indicates cash reserves.

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Current Ratio105.64%
Quick Ratio59.97%
Cash Ratio27.19%

Profitability Ratios

OCFT profitability indicators offer a lens into its earnings landscape. A pretax profit margin of -9.86% underscores its earnings before tax deductions. The effective tax rate stands at -2.70%, revealing its tax efficiency. The net income per EBT, 101.42%, and the EBT per EBIT, 98.24%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of -10.04%, we grasp its operational profitability.

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Pretax Profit Margin-9.86%
Effective Tax Rate-2.70%
Net Income per EBT101.42%
EBT per EBIT98.24%
EBIT per Revenue-10.04%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 1.06, it details the span from stock purchase to revenue. The 1 days it takes to settle debts showcases its creditor relations.

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Days of Sales Outstanding60
Days of Inventory Outstanding-146
Operating Cycle-65.41
Days of Payables Outstanding312
Cash Conversion Cycle-377
Receivables Turnover4.55
Payables Turnover1.17
Inventory Turnover-2.51
Fixed Asset Turnover43.11
Asset Turnover0.45

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, -0.60, and free cash flow per share, -0.60, depict cash generation on a per-share basis. The cash per share value, 2.05, showcases liquidity position. Lastly, the operating cash flow sales ratio, -0.18, offers insight into cash flow relative to sales.

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Operating Cash Flow per Share-0.60
Free Cash Flow per Share-0.60
Cash per Share2.05
Operating Cash Flow Sales Ratio-0.18
Free Cash Flow to Operating Cash Flow Ratio1.00
Cash Flow Coverage Ratio-2.12
Short Term Coverage Ratio-2.12
Capital Expenditure Coverage Ratio-224.23
Dividend Paid and Capex Coverage Ratio-224.23

Debt and Leverage Ratios

Diving into debt and leverage metrics unveils the company's financial structure. The debt ratio, at 3.79%, highlights its total liabilities relative to assets. With a debt-equity ratio of 0.10, we discern the balance between debt and equity financing. An interest coverage of -25.80 indicates its ability to manage interest expenses.

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Debt Ratio3.79%
Debt Equity Ratio0.10
Total Debt to Capitalization9.35%
Interest Coverage-25.80
Cash Flow to Debt Ratio-2.12
Company Equity Multiplier2.72

Per Share Data

Speaking about the per share data offers a perceptive view of financial distribution. The revenue per share, 3.34, provides a glimpse into top-line earnings distributed across each share. Net income per share, -0.33, reflects the portion of profit attributed to each share. The book value per share, 2.70, represents the net asset value distributed per share, while the tangible book value per share, 2.30, excludes intangible assets.

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Revenue Per Share3.34
Net Income Per Share-0.33
Book Value Per Share2.70
Tangible Book Value Per Share2.30
Shareholders Equity Per Share2.70
Interest Debt Per Share0.28

Growth Ratios

Delving into growth metrics provides a snapshot of financial expansion. The revenue growth rate, -17.84%, indicates top-line expansion, while the gross profit growth, -17.47%, reveals profitability trends. EBIT growth, 61.16%, and operating income growth, 61.16%, offer insights into operational profitability progression. The net income growth, 60.92%, showcases bottom-line expansion, and the EPS growth, -32.00%, measures the growth in earnings per share.

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Revenue Growth-17.84%
Gross Profit Growth-17.47%
EBIT Growth61.16%
Operating Income Growth61.16%
Net Income Growth60.92%
EPS Growth-32.00%
EPS Diluted Growth-32.00%
Weighted Average Shares Growth-70.16%
Weighted Average Shares Diluted Growth-70.16%
Operating Cash Flow Growth13.07%
Free Cash Flow Growth20.33%
10-Year Revenue Growth per Share-79.03%
5-Year Revenue Growth per Share-91.37%
3-Year Revenue Growth per Share-96.42%
10-Year Operating CF Growth per Share90.56%
5-Year Operating CF Growth per Share95.59%
3-Year Operating CF Growth per Share97.03%
10-Year Net Income Growth per Share98.01%
5-Year Net Income Growth per Share98.99%
3-Year Net Income Growth per Share99.17%
10-Year Shareholders Equity Growth per Share383.02%
5-Year Shareholders Equity Growth per Share-97.35%
3-Year Shareholders Equity Growth per Share-98.16%
Receivables Growth-62.35%
Inventory Growth-33.97%
Asset Growth-9.16%
Book Value per Share Growth201.92%
Debt Growth-8.25%
R&D Expense Growth-32.62%
SGA Expenses Growth-36.87%

Other Metrics

Venturing into other key metrics unveils diverse facets of financial performance. The enterprise value, 24,123,540,644.457, captures the company's total value, considering both debt and equity. Income quality, 1.79, assesses the reliability of reported earnings. The sales, general, and administrative to revenue ratio, 0.14, gauges operational efficiency, while the research and development to revenue, 26.04%, highlights investment in innovation.

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Enterprise Value24,123,540,644.457
Income Quality1.79
Sales General and Administrative to Revenue0.14
Research and Development to Revenue26.04%
Intangibles to Total Assets5.84%
Stock-Based Compensation to Revenue0.09%
Graham Number4.48
Return on Tangible Assets-4.77%
Graham Net Net-2.45
Working Capital285,890,000
Tangible Asset Value2,523,909,000
Net Current Asset Value285,890,000
Average Receivables1,474,379,500
Average Payables2,256,280,500
Average Inventory-807,915,499.5
Days Sales Outstanding80
Days Payables Outstanding312
Days of Inventory On Hand-146
ROIC-11.55%
ROE-0.12%

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, 4.97, and the price to book ratio, 4.97, reflect the market's valuation relative to the company's book value. The price to sales ratio, 0.15, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, -0.85, and price to operating cash flows, -22.75, gauge market valuation against cash flow metrics.

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Price Book Value Ratio4.97
Price to Book Ratio4.97
Price to Sales Ratio0.15
Price Cash Flow Ratio-22.75
Price Earnings to Growth Ratio-0.58
Enterprise Value Multiple-6.00
Price Fair Value4.97
Price to Operating Cash Flow Ratio-22.75
Price to Free Cash Flows Ratio-0.85
Price to Tangible Book Ratio8.49
Enterprise Value to Sales6.58
Enterprise Value Over EBITDA-99.23
EV to Operating Cash Flow-37.20
Earnings Yield-1.44%
Free Cash Flow Yield-2.57%
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Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of OneConnect Financial Technology Co., Ltd. (OCFT) on the NYSE in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is -40.213 in 2024.

What is the ticker symbol of OneConnect Financial Technology Co., Ltd. stock?

The ticker symbol of OneConnect Financial Technology Co., Ltd. stock is OCFT.

What is company IPO date?

IPO date of OneConnect Financial Technology Co., Ltd. is 2019-12-13.

What is company current share price?

Current share price is 1.880 USD.

What is stock market cap today?

The market cap of stock today is 74310959.000.

What is PEG ratio in 2024?

The current -0.578 is -0.578 in 2024.

What is the number of employees in 2024?

In 2024 the company has 2832.