Oneconnect Financial Financials

OCFT Stock  USD 2.31  0.09  4.05%   
Based on the analysis of Oneconnect Financial's profitability, liquidity, and operating efficiency, Oneconnect Financial Technology is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, Oneconnect Financial's Net Receivables is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1.1 B in 2024, whereas Net Tangible Assets are likely to drop slightly above 2.9 B in 2024. Key indicators impacting Oneconnect Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.041.0564
Fairly Down
Slightly volatile
The essential information of the day-to-day investment outlook for Oneconnect Financial includes many different criteria found on its balance sheet. An individual investor should monitor Oneconnect Financial's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Oneconnect Financial.

Net Income

(380.85 Million)

  
Understanding current and past Oneconnect Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Oneconnect Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in Oneconnect Financial's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Oneconnect Financial's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Oneconnect Financial Technology. Check Oneconnect Financial's Beneish M Score to see the likelihood of Oneconnect Financial's management manipulating its earnings.

Oneconnect Financial Stock Summary

Oneconnect Financial competes with Trust Stamp, Amesite Operating, My Size, Kingsoft Cloud, and Global Business. OneConnect Financial Technology Co., Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the Peoples Republic of China. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, the Peoples Republic of China. OneConnect Financial is traded on New York Stock Exchange in the United States.
Specialization
Information Technology, Software - Application
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS68248T1051
CUSIP68248T105 68248T204
LocationChina
Business AddressNo 5033 Yitian
SectorSoftware
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.ocft.com
Phone86 21 2066 0625
CurrencyUSD - US Dollar

Oneconnect Financial Key Financial Ratios

Oneconnect Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.9B9.3B8.9B8.1B9.4B
Other Current Liab540.8M1.8B3.1B530.2M4.5B4.7B
Other Liab302.3M379.1M385.2M343.1M394.6M333.0M
Net Tangible Assets3.4B4.3B3.1B2.7B3.1B2.9B
Net Debt2.1B(771.9M)(584.1M)(1.6B)(1.0B)(971.0M)
Retained Earnings(4.0B)(5.4B)(6.6B)(7.5B)(7.9B)(8.3B)
Accounts Payable1.1B920.2M1.1B2.5B246.6M234.2M
Cash1.1B3.1B1.4B1.9B1.4B1.6B
Other Assets464.8M606.6M684.8M766.0M880.9M607.6M
Net Receivables921.4M1.1B1.7B2.1B809.6M1.1B
Inventory(4.2T)(3.9B)(3.3B)(690.6M)(925.2M)(971.5M)
Other Current Assets4.2T5.9B1.8B400.2M1.4B1.3B
Total Liab5.4B5.6B5.5B5.6B5.1B5.6B
Net Invested Capital7.6B7.5B4.6B3.6B3.3B4.0B
Short Long Term Debt3.2B2.3B815.3M289.1M306.1M290.8M
Total Current Assets7.7B8.9B6.9B6.4B5.4B7.1B
Net Working Capital2.7B3.8B1.7B928.0M285.9M271.6M
Short Term Debt3.2B2.4B872.7M289.1M329.0M312.6M
Intangible Assets687.8M627.9M398.0M281.3M182.2M363.0M

Oneconnect Financial Key Income Statement Accounts

The reason investors look at the income statement is to determine what Oneconnect Financial's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision(74.9M)(137.1M)(112.1M)(62.1M)(6.7M)(7.1M)
Net Interest Income(21.8M)(73.1M)(47.8M)(22.5M)1.4M1.5M
Interest Income153.1M77.2M28.8M14.7M24.9M23.6M
Interest Expense174.8M150.4M76.6M37.2M19.5M18.6M
Total Revenue2.3B3.3B4.1B4.5B3.7B3.1B
Gross Profit766.9M1.2B1.4B1.6B1.3B1.1B
Operating Income(1.7B)(1.3B)(1.3B)(947.9M)(368.2M)(386.6M)
Ebit(1.7B)(1.7B)(1.4B)(955.0M)(342.2M)(359.3M)
Research Development956.1M1.2B1.4B1.4B955.2M1.1B
Ebitda(1.5B)(1.3B)(929.1M)(673.6M)(140.8M)(147.9M)
Cost Of Revenue1.6B2.1B2.7B2.8B2.3B2.0B
Income Before Tax(1.8B)(1.6B)(1.4B)(990.2M)(361.7M)(379.8M)
Net Income(1.7B)(1.4B)(1.3B)(928.0M)(362.7M)(380.9M)
Income Tax Expense(74.9M)(137.1M)(112.1M)(62.1M)9.8M10.3M
Minority Interest150.4M89.9M48.8M55.8M31.2M29.6M

Oneconnect Financial Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory115.8M12.5M(559.9M)(934.4M)(841.0M)(798.9M)
Investments570.8M1.3B388.4M1.9B856.3M899.1M
Change In Cash512.8M2.0B(1.7B)508.4M(528.3M)(501.9M)
Net Borrowings1.7B(259.3M)(1.0B)(1.6B)(1.4B)(1.3B)
Free Cash Flow(2.1B)(969.3M)(532.4M)(813.9M)(685.9M)(720.2M)
Depreciation459.9M421.2M438.7M281.4M201.3M279.3M
Other Non Cash Items62.6M69.5M51.8M29.3M11.5M11.0M
Capital Expenditures314.5M265.2M128.0M67.9M37.5M35.6M
Net Income(1.8B)(1.6B)(1.4B)(990.2M)(361.7M)(379.8M)
End Period Cash Flow1.1B3.1B1.4B1.9B1.4B1.6B
Change To Netincome298.0M179.4M98.4M576.3M662.8M695.9M

Oneconnect Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Oneconnect Financial's current stock value. Our valuation model uses many indicators to compare Oneconnect Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oneconnect Financial competition to find correlations between indicators driving Oneconnect Financial's intrinsic value. More Info.
Oneconnect Financial Technology is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Oneconnect Financial's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Oneconnect Financial by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Oneconnect Financial Systematic Risk

Oneconnect Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oneconnect Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Oneconnect Financial correlated with the market. If Beta is less than 0 Oneconnect Financial generally moves in the opposite direction as compared to the market. If Oneconnect Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oneconnect Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oneconnect Financial is generally in the same direction as the market. If Beta > 1 Oneconnect Financial moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Oneconnect Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Oneconnect Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Oneconnect Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.73

At this time, Oneconnect Financial's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Oneconnect Financial November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Oneconnect Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oneconnect Financial Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oneconnect Financial Technology based on widely used predictive technical indicators. In general, we focus on analyzing Oneconnect Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oneconnect Financial's daily price indicators and compare them against related drivers.

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.