NYSE: OCFTOneconnect Financial Technology Co Ltd Stock
$1.83-0.05 (-2.66%)
Updated Apr 23, 2024
OCFT Price
$1.83
Fair Value Price
N/A
Market Cap
$70.66M
52 Week Low
$1.77
52 Week High
$6.00
P/E
-1.34x
P/B
0.17x
P/S
0.24x
PEG
N/A
Dividend Yield
N/A
Revenue
$507.26M
Earnings
-$51.16M
Gross Margin
36.8%
Operating Margin
-9.06%
Profit Margin
-9.9%
Debt to Equity
1.73
Operating Cash Flow
-$91M
Beta
0.85
Next Earnings
May 20, 2024
Ex-Dividend
N/A
Next Dividend
N/A
OCFT Overview
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, small and medium enterprises (SME) financing and services, retail and SME banking risk-management, auto insurance operations and services, asset management, asset-liability management, artificial intelligence customer service, core systems, and insurance sales management solutions. The company also operates Regtech, an end-to-end regulatory solution to help regulatory authorities automate and digitalize their operations; Gamma O, an open API platform-as-a-service for reusable financial technology components and integrations; and Blockchain network-as-a-service. In addition, it provides technology infrastructure, such as data management and cloud services. The company serves customers in the financial services industry, including banking, insurance, and asset management. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China. OneConnect Financial Technology Co., Ltd. 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. is a subsidiary of Sen Rong Limited.
Zen Score
–
Industry Average (28)
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Due Diligence Checks
OCFT is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
OCFT is good value based on its book value relative to its share price (0.17x), compared to the US Software - Application industry average (6.55x)
P/B vs Industry Valuation
OCFT is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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OCFT News
Valuation
OCFT price to earnings (PE)
For valuing profitable companies with steady earnings
Company
-1.34x
Industry
104.62x
Market
41.92x
OCFT price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.17x
Industry
6.55x
OCFT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
OCFT's financial health
Profit margin
Revenue
$130.4M
Net Income
-$11.5M
Profit Margin
-8.8%
OCFT's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
OCFT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$1.1B
Liabilities
$722.2M
Debt to equity
1.73
OCFT's short-term assets ($741.21M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
OCFT's short-term assets ($741.21M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
OCFT's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
OCFT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$24.6M
Investing
-$27.8M
Financing
-$4.6M
OCFT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials
OCFT vs App Stocks
Oneconnect Financial Technology Co Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.