Oneconnect Minority Interest from 2010 to 2024

OCFT Stock  USD 2.46  0.10  4.24%   
Oneconnect Financial Minority Interest yearly trend continues to be comparatively stable with very little volatility. Minority Interest will likely drop to about 29.6 M in 2024. From the period from 2010 to 2024, Oneconnect Financial Minority Interest quarterly data regression had r-value of (0.70) and coefficient of variation of  37.60. View All Fundamentals
 
Minority Interest  
First Reported
2018-09-30
Previous Quarter
4.3 M
Current Value
6.4 M
Quarterly Volatility
63.8 M
 
Covid
Check Oneconnect Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oneconnect Financial's main balance sheet or income statement drivers, such as Net Interest Income of 1.5 M, Interest Income of 23.6 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 6.47, Dividend Yield of 0.0 or PTB Ratio of 8.84. Oneconnect financial statements analysis is a perfect complement when working with Oneconnect Financial Valuation or Volatility modules.
  
Check out the analysis of Oneconnect Financial Correlation against competitors.

Latest Oneconnect Financial's Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Oneconnect Financial Technology over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Oneconnect Financial Technology whose combined shares represent less than 50% of the total outstanding shares issued by Oneconnect Financial have a minority interest in Oneconnect Financial. It is Oneconnect Financial's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oneconnect Financial's overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Slightly volatile
   Minority Interest   
       Timeline  

Oneconnect Minority Interest Regression Statistics

Arithmetic Mean93,410,533
Geometric Mean84,798,571
Coefficient Of Variation37.60
Mean Deviation28,231,022
Median110,601,000
Standard Deviation35,118,969
Sample Variance1233.3T
Range120.8M
R-Value(0.70)
Mean Square Error670.8T
R-Squared0.49
Significance0
Slope(5,524,754)
Total Sum of Squares17266.8T

Oneconnect Minority Interest History

202429.6 M
202331.2 M
202255.8 M
202148.8 M
202089.9 M
2019150.4 M

About Oneconnect Financial Financial Statements

Oneconnect Financial shareholders use historical fundamental indicators, such as Minority Interest, to determine how well the company is positioned to perform in the future. Although Oneconnect Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Oneconnect Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Oneconnect Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Minority Interest31.2 M29.6 M

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Additional Tools for Oneconnect Stock Analysis

When running Oneconnect Financial's price analysis, check to measure Oneconnect Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.