Full history for every metric is available with a Kvantra account
OneConnect Financial Technology Co., Ltd. (OCFT)
Key financial summary
Financials in CNY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | CNY m | 2,328 | 3,312 | 4,132 | 4,464 | 3,668 | 2,248 | 1,633 |
| Operating profit | CNY m | -304 | -304 | |||||
| Net profit | CNY m | -1,688 | -1,354 | -1,282 | -872 | -363 | -460 | -677 |
| EPS reported | CNY | -12.60 | -18.60 | |||||
| Operating cashflow per share | CNY | -7.62 | -5.78 | |||||
| Capex per share | CNY | 0.76 | 0.10 | |||||
| FCF per share | CNY | -8.38 | -5.87 | |||||
| Free cash flow | CNY m | -304 | -192 | |||||
| Net debt | CNY m | -2,384 | -1,475 | |||||
| Book value equity | CNY m | 2,558 | 2,470 | |||||
| Book value per share | CNY | 70.44 | 67.98 | |||||
| Number of shares | m | 36.32 | 36.33 | |||||
| DPS (TTM paid) | CNY | 0.00 | 0.00 |
Financial summary
Financials in CNY| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 0.25 | 23.36 | |||||
| P/S LTM | x | 0.29 | 35.31 | |||||
| P/FCF LTM | x | -2.12 | -300.14 | |||||
| EV/EBITDA LTM | x | 15.57 | -237.67 | |||||
| EV/Sales LTM | x | -0.56 | 34.41 | |||||
| Earnings Yield LTM | % | -71.36% | -4.09% | |||||
| FCF Yield | % | -47.23% | -0.33% | |||||
| Quality | ||||||||
| ROE | % | -17.97% | -3.15% | |||||
| ROIC | % | -11.85% | -4.30% | |||||
| Operating margin | % | -13.50% | -13.19% | |||||
| Gross margin | % | 35.79% | 26.11% | |||||
| FCF/Sales | % | -13.53% | -26.63% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -38.70% | -48.70% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | -6.98 | -9.30 | |||||
| Net Debt/EBITDA | x | 23.54 | 6.05 | |||||
| EBIT/Net interest | x | -24.44 | -34.44 | |||||
| Net debt/market cap | % | -370.06% | -2.56% | |||||
| Net debt/Equity | x | -0.93 | -0.60 | |||||
| Gross debt/equity | x | 0.02 | 0.01 | |||||
Company overview
OneConnect Financial Technology Co., Ltd. (OCFT) delivers advanced digital financial solutions and operational support, primarily leveraging cloud-based platforms for financial institutions across the People's Republic of China. Its extensive service portfolio encompasses the digitalization of retail and commercial banking, sophisticated platforms for digital auto and life insurance, and artificial intelligence-driven customer engagement tools. OCFT also provides crucial back-office support, including sales management, robust risk management frameworks, and enhanced operational efficiency services. Central to its offerings is the Gamma core banking system, a highly client-centric platform. The company also provides a comprehensive digitalized management platform, empowering financial institutions with the necessary infrastructure to manage diverse aspects of their operations, from data analytics and intelligent operations to holistic risk assessment, asset and liability optimization, and back-office functions such as accounting, personnel, and office administration. Further expanding its capabilities, OCFT offers Gamma FinCloud, an open Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) for seamless integration of financial technology components, alongside its Blockchain-as-a-Service (BaaS) solution. Additionally, OCFT supports regulatory bodies with its end-to-end Regtech solution, facilitating the automation and digitalization of their oversight processes. The company also provides expert asset management and consulting services. Serving a wide array of clients within the financial services industry, including banks, insurers, and various other financial entities, OneConnect has established a notable strategic partnership. It collaborates with the Hainan Local Financial Supervision Administration to advance intelligent financial services and regulatory oversight within Hainan Province and its developing Free Trade Port. Established in 2015, OneConnect Financial Technology Co., Ltd. is headquartered in Shenzhen, China.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
OneConnect Financial Technology Co., Ltd. (OCFT)
OneConnect Financial Technology Co., Ltd. (OCFT) delivers advanced digital financial solutions and operational support, primarily leveraging cloud-based platforms for financial institutions across the People's Republic of China. Its extensive service portfolio encompasses the digitalization of retail and commercial banking, sophisticated platforms for digital auto and life insurance, and artificial intelligence-driven customer engagement tools. OCFT also provides crucial back-office support, including sales management, robust risk management frameworks, and enhanced operational efficiency services. Central to its offerings is the Gamma core banking system, a highly client-centric platform. The company also provides a comprehensive digitalized management platform, empowering financial institutions with the necessary infrastructure to manage diverse aspects of their operations, from data analytics and intelligent operations to holistic risk assessment, asset and liability optimization, and back-office functions such as accounting, personnel, and office administration. Further expanding its capabilities, OCFT offers Gamma FinCloud, an open Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) for seamless integration of financial technology components, alongside its Blockchain-as-a-Service (BaaS) solution. Additionally, OCFT supports regulatory bodies with its end-to-end Regtech solution, facilitating the automation and digitalization of their oversight processes. The company also provides expert asset management and consulting services. Serving a wide array of clients within the financial services industry, including banks, insurers, and various other financial entities, OneConnect has established a notable strategic partnership. It collaborates with the Hainan Local Financial Supervision Administration to advance intelligent financial services and regulatory oversight within Hainan Province and its developing Free Trade Port. Established in 2015, OneConnect Financial Technology Co., Ltd. is headquartered in Shenzhen, China.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free