Oneconnect Roic vs Price To Sales Ratio Analysis

OCFT Stock

USD 2.46 0.10 4.24%

Oneconnect Financial financial indicator trend analysis is much more than just breaking down Oneconnect Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oneconnect Financial is a good investment. Please check the relationship between Oneconnect Financial Roic and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oneconnect Financial Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Roic vs Price To Sales Ratio

Roic vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oneconnect Financial Roic account and Price To Sales Ratio. At this time, the significance of the direction appears to have pay attention.

The correlation between Oneconnect Financial's Roic and Price To Sales Ratio is -0.87. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Oneconnect Financial Technology, assuming nothing else is changed. The correlation between historical values of Oneconnect Financial's Roic and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Oneconnect Financial Technology are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Roic i.e., Oneconnect Financial's Roic and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Oneconnect Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Oneconnect Financial sales, a figure that is much harder to manipulate than other Oneconnect Financial Technology multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from Oneconnect Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oneconnect Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oneconnect Financial Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Selling General Administrative is likely to gain to about 715.8 M in 2024, whereas Tax Provision is likely to drop (7.1 M) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	76.6M	37.2M	19.5M	18.6M
Depreciation And Amortization	438.7M	281.4M	201.3M	239.7M

Interest Expense Depreciation And Amortization

Oneconnect Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.11	0.42	0.98	1.0	0.97	0.99	0.4	0.6	-0.25	-0.81	0.57	0.65	0.88	0.46	0.69	0.92	0.82	0.83	0.33	0.94	0.45	0.78	-0.33	0.33	0.45
Short Long Term Debt Total	0.11		-0.54	-0.05	0.15	-0.01	0.08	0.84	-0.69	0.86	0.47	-0.15	-0.21	-0.27	-0.63	-0.54	-0.09	-0.32	-0.33	-0.52	0.05	0.82	0.37	-0.52	0.52	-0.58
Other Current Liab	0.42	-0.54		0.49	0.4	0.5	0.46	-0.43	0.77	-0.53	-0.7	-0.18	0.3	0.57	0.65	0.64	0.46	0.34	0.66	0.89	0.49	-0.39	0.01	0.24	-0.24	0.95
Total Current Liabilities	0.98	-0.05	0.49		0.96	0.98	0.97	0.27	0.73	-0.34	-0.89	0.6	0.61	0.93	0.6	0.79	0.91	0.87	0.88	0.42	0.94	0.3	0.69	-0.23	0.23	0.53
Total Stockholder Equity	1.0	0.15	0.4	0.96		0.97	0.99	0.42	0.56	-0.23	-0.79	0.55	0.68	0.86	0.41	0.67	0.93	0.8	0.82	0.3	0.92	0.49	0.81	-0.35	0.35	0.42
Other Liab	0.97	-0.01	0.5	0.98	0.97		0.99	0.27	0.69	-0.34	-0.88	0.56	0.65	0.95	0.56	0.81	0.89	0.83	0.93	0.44	0.89	0.33	0.75	-0.33	0.34	0.53
Net Tangible Assets	0.99	0.08	0.46	0.97	0.99	0.99		0.35	0.62	-0.29	-0.83	0.54	0.68	0.9	0.48	0.74	0.93	0.81	0.88	0.37	0.92	0.42	0.77	-0.31	0.31	0.48
Property Plant And Equipment Net	0.4	0.84	-0.43	0.27	0.42	0.27	0.35		-0.43	0.65	0.16	0.23	-0.06	0.08	-0.55	-0.23	0.21	0.12	-0.05	-0.58	0.4	0.96	0.71	-0.54	0.54	-0.34
Current Deferred Revenue	0.6	-0.69	0.77	0.73	0.56	0.69	0.62	-0.43		-0.77	-0.94	0.43	0.5	0.84	0.91	0.91	0.64	0.76	0.85	0.77	0.61	-0.41	0.18	0.15	-0.15	0.81
Net Debt	-0.25	0.86	-0.53	-0.34	-0.23	-0.34	-0.29	0.65	-0.77		0.69	-0.42	-0.68	-0.51	-0.64	-0.74	-0.5	-0.6	-0.59	-0.47	-0.21	0.51	0.02	-0.41	0.41	-0.53
Retained Earnings	-0.81	0.47	-0.7	-0.89	-0.79	-0.88	-0.83	0.16	-0.94	0.69		-0.55	-0.66	-0.95	-0.81	-0.93	-0.83	-0.88	-0.94	-0.65	-0.77	0.11	-0.47	0.06	-0.06	-0.75
Accounts Payable	0.57	-0.15	-0.18	0.6	0.55	0.56	0.54	0.23	0.43	-0.42	-0.55		0.54	0.62	0.31	0.56	0.59	0.85	0.5	-0.19	0.48	0.25	0.61	-0.23	0.23	-0.02
Cash	0.65	-0.21	0.3	0.61	0.68	0.65	0.68	-0.06	0.5	-0.68	-0.66	0.54		0.59	0.36	0.63	0.85	0.68	0.66	0.2	0.49	0.17	0.47	0.05	-0.05	0.23
Non Current Assets Total	0.88	-0.27	0.57	0.93	0.86	0.95	0.9	0.08	0.84	-0.51	-0.95	0.62	0.59		0.69	0.91	0.82	0.89	0.96	0.53	0.82	0.1	0.66	-0.28	0.28	0.66
Non Currrent Assets Other	0.46	-0.63	0.65	0.6	0.41	0.56	0.48	-0.55	0.91	-0.64	-0.81	0.31	0.36	0.69		0.77	0.45	0.56	0.71	0.83	0.41	-0.56	-0.05	0.12	-0.12	0.62
Other Assets	0.69	-0.54	0.64	0.79	0.67	0.81	0.74	-0.23	0.91	-0.74	-0.93	0.56	0.63	0.91	0.77		0.74	0.82	0.96	0.59	0.66	-0.17	0.38	0.05	-0.05	0.69
Cash And Short Term Investments	0.92	-0.09	0.46	0.91	0.93	0.89	0.93	0.21	0.64	-0.5	-0.83	0.59	0.85	0.82	0.45	0.74		0.85	0.82	0.3	0.87	0.34	0.67	-0.04	0.04	0.45
Net Receivables	0.82	-0.32	0.34	0.87	0.8	0.83	0.81	0.12	0.76	-0.6	-0.88	0.85	0.68	0.89	0.56	0.82	0.85		0.81	0.23	0.79	0.17	0.67	-0.14	0.14	0.48
Common Stock Total Equity	0.83	-0.33	0.66	0.88	0.82	0.93	0.88	-0.05	0.85	-0.59	-0.94	0.5	0.66	0.96	0.71	0.96	0.82	0.81		0.61	0.76	0.02	0.55	-0.14	0.14	0.69
Common Stock Shares Outstanding	0.33	-0.52	0.89	0.42	0.3	0.44	0.37	-0.58	0.77	-0.47	-0.65	-0.19	0.2	0.53	0.83	0.59	0.3	0.23	0.61		0.31	-0.57	-0.16	0.11	-0.11	0.79
Short Term Investments	0.94	0.05	0.49	0.94	0.92	0.89	0.92	0.4	0.61	-0.21	-0.77	0.48	0.49	0.82	0.41	0.66	0.87	0.79	0.76	0.31		0.41	0.68	-0.1	0.1	0.54
Non Current Liabilities Total	0.45	0.82	-0.39	0.3	0.49	0.33	0.42	0.96	-0.41	0.51	0.11	0.25	0.17	0.1	-0.56	-0.17	0.34	0.17	0.02	-0.57	0.41		0.76	-0.51	0.51	-0.34
Capital Lease Obligations	0.78	0.37	0.01	0.69	0.81	0.75	0.77	0.71	0.18	0.02	-0.47	0.61	0.47	0.66	-0.05	0.38	0.67	0.67	0.55	-0.16	0.68	0.76		-0.65	0.65	0.15
Inventory	-0.33	-0.52	0.24	-0.23	-0.35	-0.33	-0.31	-0.54	0.15	-0.41	0.06	-0.23	0.05	-0.28	0.12	0.05	-0.04	-0.14	-0.14	0.11	-0.1	-0.51	-0.65		-1.0	0.13
Other Current Assets	0.33	0.52	-0.24	0.23	0.35	0.34	0.31	0.54	-0.15	0.41	-0.06	0.23	-0.05	0.28	-0.12	-0.05	0.04	0.14	0.14	-0.11	0.1	0.51	0.65	-1.0		-0.13
Other Stockholder Equity	0.45	-0.58	0.95	0.53	0.42	0.53	0.48	-0.34	0.81	-0.53	-0.75	-0.02	0.23	0.66	0.62	0.69	0.45	0.48	0.69	0.79	0.54	-0.34	0.15	0.13	-0.13

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Oneconnect Financial Account Relationship Matchups

Oneconnect Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.9B	10.9B	9.3B	8.9B	8.1B	9.4B
Short Long Term Debt Total	3.3B	2.3B	815.3M	333.6M	357.3M	339.5M
Other Current Liab	540.8M	1.8B	3.1B	530.2M	4.5B	4.7B
Total Current Liabilities	4.9B	5.2B	5.2B	5.4B	5.1B	5.3B
Total Stockholder Equity	4.4B	5.2B	3.8B	3.3B	3.0B	3.7B
Other Liab	302.3M	379.1M	385.2M	343.1M	394.6M	333.0M
Net Tangible Assets	3.4B	4.3B	3.1B	2.7B	3.1B	2.9B
Property Plant And Equipment Net	314.5M	224.3M	244.4M	151.4M	85.1M	80.8M
Current Deferred Revenue	105.0M	544.4M	1.5B	2.1B	2.4B	2.5B
Net Debt	2.1B	(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 Payable	1.1B	920.2M	1.1B	2.5B	246.6M	234.2M
Cash	1.1B	3.1B	1.4B	1.9B	1.4B	1.6B
Non Current Assets Total	2.3B	1.9B	2.4B	2.5B	2.7B	2.3B
Non Currrent Assets Other	41.0M	42.1M	1.5M	780.3M	897.3M	942.2M
Other Assets	464.8M	606.6M	684.8M	766.0M	880.9M	607.6M
Cash And Short Term Investments	2.8B	5.1B	4.0B	3.8B	3.2B	3.7B
Net Receivables	921.4M	1.1B	1.7B	2.1B	809.6M	1.1B
Common Stock Shares Outstanding	31.3M	35.5M	36.9M	36.8M	1.1B	1.1B
Short Term Investments	1.7B	2.1B	2.6B	1.9B	1.8B	2.1B
Liabilities And Stockholders Equity	9.9B	10.9B	9.3B	8.9B	8.1B	9.4B
Non Current Liabilities Total	466.9M	433.3M	343.1M	158.0M	47.5M	45.1M
Capital Lease Obligations	189.7M	134.2M	154.9M	91.6M	51.2M	48.7M
Inventory	(4.2T)	(3.9B)	(3.3B)	(690.6M)	(925.2M)	(971.5M)
Other Current Assets	4.2T	5.9B	1.8B	400.2M	1.4B	1.3B
Total Liab	5.4B	5.6B	5.5B	5.6B	5.1B	5.6B
Net Invested Capital	7.6B	7.5B	4.6B	3.6B	3.3B	4.0B
Long Term Investments	512.3M	222.8M	826.5M	1.0B	1.4B	1.4B
Property Plant And Equipment Gross	527.0M	224.3M	691.4M	591.7M	531.0M	478.7M
Short Long Term Debt	3.2B	2.3B	815.3M	289.1M	306.1M	290.8M
Total Current Assets	7.7B	8.9B	6.9B	6.4B	5.4B	7.1B
Accumulated Other Comprehensive Income	8.5B	10.6B	10.5B	11.0B	1.2B	1.2B
Net Working Capital	2.7B	3.8B	1.7B	928.0M	285.9M	271.6M
Short Term Debt	3.2B	2.4B	872.7M	289.1M	329.0M	312.6M
Intangible Assets	687.8M	627.9M	398.0M	281.3M	182.2M	363.0M

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