Is Oneconnect Financial Stock a Good Investment?
Oneconnect Financial Investment Advice | OCFT |
- Examine Oneconnect Financial's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Oneconnect Financial's leadership team and their track record. Good management can help Oneconnect Financial navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Oneconnect Financial's business and its evolving consumer preferences.
- Compare Oneconnect Financial's performance and market position to its competitors. Analyze how Oneconnect Financial is positioned in terms of product offerings, innovation, and market share.
- Check if Oneconnect Financial pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Oneconnect Financial's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Oneconnect Financial Technology stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Oneconnect Financial Technology is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Extremely Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Very Weak | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Oneconnect Financial Stock
Researching Oneconnect Financial's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has price-to-book ratio of 0.2. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Oneconnect Financial recorded a loss per share of 1.18. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 12th of December 2022.
To determine if Oneconnect Financial is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Oneconnect Financial's research are outlined below:
| Oneconnect Financial is way too risky over 90 days horizon | |
| Oneconnect Financial appears to be risky and price may revert if volatility continues | |
| Oneconnect Financial has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 3.67 B. Net Loss for the year was (361.71 M) with profit before overhead, payroll, taxes, and interest of 1.64 B. | |
| Oneconnect Financial Technology currently holds about 3.33 B in cash with (648.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.55, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Oneconnect Financial has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Financial OneConnect Stock Surges Amid Positive Buy Ratings |
Oneconnect Financial Quarterly Cost Of Revenue |
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Oneconnect Financial uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Oneconnect Financial Technology. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Oneconnect Financial's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 11th of March 2024 Upcoming Quarterly Report | View | |
| 27th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 11th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Oneconnect Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Oneconnect Financial's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-03-13 | 2022-12-31 | -4.31 | -4.99 | -0.68 | 15 | ||
2023-05-22 | 2023-03-31 | -3.72 | -3.0 | 0.72 | 19 | ||
2020-02-18 | 2019-12-31 | -2.04 | -2.77 | -0.73 | 35 | ||
2021-08-03 | 2021-06-30 | -8.45 | -9.3 | -0.85 | 10 | ||
2021-02-02 | 2020-12-31 | -11.26 | -9.9 | 1.36 | 12 | ||
2022-11-10 | 2022-09-30 | -5.45 | -3.6 | 1.85 | 33 | ||
2022-08-17 | 2022-06-30 | -7.9 | -5.8 | 2.1 | 26 | ||
2021-05-11 | 2021-03-31 | -10.4 | -8.3 | 2.1 | 20 |
Know Oneconnect Financial's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Oneconnect Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Oneconnect Financial Technology backward and forwards among themselves. Oneconnect Financial's institutional investor refers to the entity that pools money to purchase Oneconnect Financial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of America Corp | 2024-06-30 | 196 | Rhumbline Advisers | 2024-06-30 | 114 | Acadian Asset Management Llc | 2024-06-30 | 0.0 | Stonehage Fleming Financial Services Holdings Ltd | 2024-06-30 | 0.0 | M&g Plc | 2024-06-30 | 1.3 M | Renaissance Technologies Corp | 2024-09-30 | 79.3 K | Citadel Advisors Llc | 2024-06-30 | 42.2 K | Jane Street Group Llc | 2024-06-30 | 32.4 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 14.3 K | Lpl Financial Corp | 2024-06-30 | 13 K | Ubs Group Ag | 2024-06-30 | 11.3 K |
Oneconnect Financial's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 114.35 M.Market Cap |
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Oneconnect Financial's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.12) | (0.13) | |
| Return On Assets | (0.04) | (0.05) | |
| Return On Equity | (0.12) | (0.12) |
Determining Oneconnect Financial's profitability involves analyzing its financial statements and using various financial metrics to determine if Oneconnect Financial is a good buy. For example, gross profit margin measures Oneconnect Financial's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Oneconnect Financial's profitability and make more informed investment decisions.
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.
Evaluate Oneconnect Financial's management efficiency
Oneconnect Financial has return on total asset (ROA) of (0.0338) % which means that it has lost $0.0338 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1058) %, meaning that it created substantial loss on money invested by shareholders. Oneconnect Financial's management efficiency ratios could be used to measure how well Oneconnect Financial manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.05 in 2024. Return On Capital Employed is likely to drop to -0.13 in 2024. At this time, Oneconnect Financial's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 9.4 B in 2024, whereas Non Current Liabilities Total is likely to drop slightly above 45.1 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.71 | 2.57 | |
| Tangible Book Value Per Share | 2.27 | 2.16 | |
| Enterprise Value Over EBITDA | (170.10) | (161.59) | |
| Price Book Value Ratio | 8.42 | 8.84 | |
| Enterprise Value Multiple | (170.10) | (161.59) | |
| Price Fair Value | 8.42 | 8.84 | |
| Enterprise Value | 24 B | 23.6 B |
The strategic decisions made by Oneconnect Financial management significantly impact its financial stability and market performance. Evaluating these factors helps determine whether the stock is a worthwhile investment.
Beta 1.845 |
Basic technical analysis of Oneconnect Stock
As of the 22nd of November, Oneconnect Financial holds the Coefficient Of Variation of 957.79, risk adjusted performance of 0.088, and Semi Deviation of 7.18. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oneconnect Financial, as well as the relationship between them.Oneconnect Financial's Outstanding Corporate Bonds
Oneconnect Financial issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Oneconnect Financial uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Oneconnect bonds can be classified according to their maturity, which is the date when Oneconnect Financial Technology has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US68245XAP42 Corp BondUS68245XAP42 | View | |
| 1011778 BC 4375 Corp BondUS68245XAJ81 | View | |
| 1011778 B C Corp BondUS68245XAM11 | View | |
| 1011778 BC 3875 Corp BondUS68245XAH26 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Oneconnect Financial's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Oneconnect Financial's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.088 | |||
| Market Risk Adjusted Performance | 1.26 | |||
| Mean Deviation | 7.76 | |||
| Semi Deviation | 7.18 | |||
| Downside Deviation | 8.22 | |||
| Coefficient Of Variation | 957.79 | |||
| Standard Deviation | 12.14 | |||
| Variance | 147.45 | |||
| Information Ratio | 0.0965 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1426 | |||
| Treynor Ratio | 1.25 | |||
| Maximum Drawdown | 75.58 | |||
| Value At Risk | (11.73) | |||
| Potential Upside | 27.92 | |||
| Downside Variance | 67.58 | |||
| Semi Variance | 51.53 | |||
| Expected Short fall | (10.02) | |||
| Skewness | 1.92 | |||
| Kurtosis | 5.99 |
| Risk Adjusted Performance | 0.088 | |||
| Market Risk Adjusted Performance | 1.26 | |||
| Mean Deviation | 7.76 | |||
| Semi Deviation | 7.18 | |||
| Downside Deviation | 8.22 | |||
| Coefficient Of Variation | 957.79 | |||
| Standard Deviation | 12.14 | |||
| Variance | 147.45 | |||
| Information Ratio | 0.0965 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1426 | |||
| Treynor Ratio | 1.25 | |||
| Maximum Drawdown | 75.58 | |||
| Value At Risk | (11.73) | |||
| Potential Upside | 27.92 | |||
| Downside Variance | 67.58 | |||
| Semi Variance | 51.53 | |||
| Expected Short fall | (10.02) | |||
| Skewness | 1.92 | |||
| Kurtosis | 5.99 |
Consider Oneconnect Financial's intraday indicators
Oneconnect Financial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Oneconnect Financial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Oneconnect Financial Corporate Filings
6K | 14th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 5th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 18th of July 2024 Other Reports | ViewVerify | |
| 23rd of April 2024 Other Reports | ViewVerify |
Oneconnect Stock media impact
Far too much social signal, news, headlines, and media speculation about Oneconnect Financial that are available to investors today. That information is available publicly through Oneconnect media outlets and privately through word of mouth or via Oneconnect internal channels. However, regardless of the origin, that massive amount of Oneconnect data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Oneconnect Financial news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Oneconnect Financial relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Oneconnect Financial's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Oneconnect Financial alpha.
Oneconnect Financial Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Oneconnect Financial can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Oneconnect Financial Corporate Management
| Rubo Lin | Chief Officer | Profile | |
| Wing Tang | Joint Secretary | Profile | |
| Yongtao Luo | Chief Officer | Profile | |
| Wenwei Dou | Director | Profile | |
| Tianruo Pu | Independent Director | Profile | |
| Bin Tan | Chief Asia | Profile | |
| Runzhong Huang | Executive Vice President | Profile |
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.