Oneconnect Return On Assets from 2010 to 2024

OCFT Stock  USD 2.31  0.09  4.05%   
Oneconnect Financial Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to -0.05 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit Oneconnect Financial Technology earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.04)
Current Value
(0.05)
Quarterly Volatility
0.05669997
 
Credit Downgrade
 
Yuan Drop
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Oneconnect Financial Technology over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Oneconnect Financial's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Oneconnect Return On Assets Regression Statistics

Arithmetic Mean(0.16)
Coefficient Of Variation(35.79)
Mean Deviation0.05
Median(0.20)
Standard Deviation0.06
Sample Variance0
Range0.1563
R-Value0.87
Mean Square Error0.0008
R-Squared0.76
Significance0.000026
Slope0.01
Total Sum of Squares0.05

Oneconnect Return On Assets History

2024 -0.0472
2023 -0.045
2022 -0.1
2021 -0.14
2019 -0.17
2018 -0.13

About Oneconnect Financial Financial Statements

Oneconnect Financial shareholders use historical fundamental indicators, such as Return On Assets, 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
Return On Assets(0.04)(0.05)

Thematic Opportunities

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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.