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Market Cap 147.22M P/E - EPS this Y 41.50% Ern Qtrly Grth -
Income -362.72M Forward P/E -3.78 EPS next Y 75.70% 50D Avg Chg -7.00%
Sales 3.67B PEG -0.87 EPS past 5Y - 200D Avg Chg -36.00%
Dividend N/A Price/Book 0.05 EPS next 5Y 9.19% 52W High Chg -75.00%
Recommedations 2.70 Quick Ratio 0.79 Shares Outstanding 39M 52W Low Chg 41.00%
Insider Own 1.94% ROA -2.74% Shares Float 404.10M Beta -
Inst Own 4.27% ROE -11.93% Shares Shorted/Prior 38.15K/43.48K Price 3.67
Gross Margin 36.79% Profit Margin -9.89% Avg. Volume 136,191 Target Price 4.06
Oper. Margin -8.89% Earnings Date May 20 Volume 31,200 Change -6.85%
About OneConnect Financial Technology

OneConnect Financial Technology Co., Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the People's Republic of China. It operates in Technology Solutions and Virtual Bank Business segments. The company offers Gamma Platform, which offers a toolbox of separate solution modules that provide technology infrastructure and underlying technologies; marketing management platform, developed from AI Banker App, provides banks relationship managers with technology that supports in managing their acquisition and relationships with retail customers; and wealth management platform that provides banks with tools to enhance the efficiency of their wealth management business. It also provides intelligent product development platform for banks, which allows to shorten product development cycle, enhance speed to market, and facilitate product portfolio management; Regtech, an end-to-end regulatory solution for financial regulatory authorities; asset-liability management solution provides analytics to enhance financial institutions asset liquidity performance; and digital insurance solutions for digitalizing the insurance process, marketing, customer management, and claim processing under intelligent property and casualty insurance and life insurance solution. In addition, the company provides Gamma Voice Solution, an AI customer service for support customer service functions; and Gamma FinCloud, which allows entities with expensive-to-replace legacy systems to directly migrate to the cloud to securely maintain their data. Further, it offers information transmission, information technology advisory, E-commerce security certificate administration, technology promotion and computer application, software and technology, insurance survey and loss adjustment, and asset management and consulting services. The company was founded in 2015 and is headquartered in Shenzhen, the People's Republic of China.

OneConnect Financial Technology News
05/08/24 UPDATE 1-Singapore's DBS appoints Ping An Technology CEO as chief information officer
05/08/24 OneConnect to Announce First Quarter 2024 Financial Results
04/23/24 OneConnect Files Annual Report on Form 20-F
03/19/24 OneConnect Financial Technology Co., Ltd. (NYSE:OCFT) Q4 2023 Earnings Call Transcript
03/19/24 Q4 2023 OneConnect Financial Technology Co Ltd Earnings Call
03/18/24 OneConnect Announces Fourth Quarter and Full Year Unaudited Financial Results
03/06/24 OneConnect to Announce Fourth Quarter and Full Year 2023 Financial Results
01/16/24 OneConnect Announces Extraordinary General Meeting Results
12/22/23 5 Beaten-Down Chinese Stocks Set to Rebound in 2024
12/20/23 The Zacks Analyst Blog Highlights Enanta, OneConnect Financial, KNOT Offshore, Hippo Holdings and H World
12/19/23 5 Secret Santa Stocks to Pop Surprise Returns
11/14/23 Lufax to acquire Hong Kong virtual lender Ping An OneConnect Bank for US$119.5 million
11/13/23 OneConnect Announces Third Quarter and Nine Months Ended September 30, 2023 Unaudited Financial Results
11/01/23 OneConnect to Announce Third Quarter 2023 Financial Results
09/20/23 Why Chinese Tech Stocks Are Falling
08/16/23 Q2 2023 OneConnect Financial Technology Co Ltd Earnings Call
08/16/23 OneConnect Announces Second Quarter and First Half 2023 Unaudited Financial Results
08/01/23 OneConnect to Announce Second Quarter 2023 Financial Results
06/20/23 Zacks Investment Ideas feature highlights: HIVE Blockchain, OneConnect Financial Technology and Trane Technologies
06/16/23 3 Technology Services Stocks to Buy for a Stronger Portfolio
OCFT Chatroom

User Image Mayeda Posted - 7 hours ago

$OCFT, according to WeBull, the EPS estimate is not so good.

User Image DoctorateInSwag Posted - 8 hours ago

$OCFT thinking about buying some shares before earnings, possibility of a divi from the proceeds of the sell of the bank to lufax? buyback unlikely due to volume.

User Image Tika1 Posted - 2 days ago

@JohnTill I'm looking at $OCFT and $TUYA. These are deep value stocks with a large total addressable market. What other stocks are you looking at?

User Image Tika1 Posted - 3 days ago

@WISH_upon_a_PLTR I am perplexed that the share price of $OCFT is $2. I am buying more shares.

User Image WISH_upon_a_PLTR Posted - 3 days ago

$OCFT Bottom may not be in!!! SMH

User Image yaniv406 Posted - 3 days ago

$OCFT Under $1 after the reports, a trash can that needs to be thrown away

User Image yaniv406 Posted - 4 days ago

$OCFT Stock was crap and will remain crapπŸ’©πŸ’©πŸ’©πŸ’©πŸ’©πŸ’©πŸ’©πŸ’©πŸ’©πŸ’©

User Image stockmando Posted - 4 days ago

$OCFT Volatility on HK exchange kinda crazy. Low was just last week 0.49 and went up to 0.77. 3 days ago price was up +10 when marked opened, and closed red -14% on 10x average volume (big red candle). Today it opened about -8% but closed -3% at 0.60. You see that green candle. Kinda crazy. P.S. Volume on NYSE exchange is so low, average volume just shy 21k.

User Image Stock_Titan Posted - 4 days ago

$OCFT OneConnect to Announce First Quarter 2024 Financial Results https://www.stocktitan.net/news/OCFT/one-connect-to-announce-first-quarter-2024-financial-5ntxwp2g5xdf.html

User Image stockmando Posted - 5 days ago

$OCFT Disusing

User Image yaniv406 Posted - 5 days ago

$OCFT πŸ’©πŸ’©πŸ’©πŸ’©πŸ’©πŸ¦§πŸ¦§πŸ¦§πŸ¦§πŸ¦§

User Image KayJay65 Posted - 5 days ago

$OCFT Today's Short Volume is 1,467, which is 17.90% of today's total reported volume. Over the past 30 days, the average Short Volume has been 30.70%.

User Image stockmando Posted - 6 days ago

@KayJay65 @Realiooo can you check $OCFT How they looking? Float small.

User Image NRG8 Posted - 1 week ago

$OCFT We invested $20,000 in $OCFT below $2 $OCFT is substantially undervalued and we look forward to it re-rating to fair value. Have great weekend! .

User Image WISH_upon_a_PLTR Posted - 1 week ago

$OCFT Bottom is in!

User Image RollingDollar Posted - 1 week ago

$OCFT

User Image RollingDollar Posted - 1 week ago

$OCFT

User Image stockmando Posted - 1 week ago

$BABA $OCFT $DADA $LU 5% up ocft in last 30 min. My advice, just put limit orders for your shares, all china stocks. No one can borrow them and do naked shorting. This is will be huge sqeeeze.

User Image stockmando Posted - 1 week ago

$LU $DADA $BABA China Flying, only $OCFT lagging... even though OCFT-HK. was up 9%

User Image stockmando Posted - 1 week ago

$OCFT $BABA $NIO $TCEHY

User Image RollingDollar Posted - 04/29/24

$OCFT

User Image DoctorateInSwag Posted - 04/27/24

$OCFT not going to lie I have no idea what this company does but I might buy some since it's related to Ping An

User Image stockmando Posted - 04/27/24

$BABA $OCFT $LU $JD stop by step. Way better than last year.

User Image RollingDollar Posted - 04/26/24

$OCFT

User Image stockmando Posted - 04/26/24

I think this will increase sooner or later. They just sold Ping An One Connect Bank for 933 Mio. HKD in cash, means the loss of this entity will go and they will make a gain of 309 Mio. HKD with this sale as reported yesterday, and likey will make first full year profit in 2024. And even for this transcation they have 1,3 billion chash & cash equivalent on the balance sheet. If they have established their products well, then it could easily turn around also operational, and even big dividends due to high cash amount may be not unrealistic long term (as $LU, which is also coming from the Ping An environment, also decided to delcare very huge special dividend, and Ping An is also still significant shareholder of $OCFT).

User Image stockmando Posted - 04/26/24

@potty1313 i am just looking at financials, and $OCFT revenue half billion, cash on hand around half bill + they sold PAOB for $110 mill, market cap just 80millions. In theory, after the sale, they should be "profitable" for this year...

User Image stockmando Posted - 04/26/24

What if $OCFT is "version" of $TIGR of 2020, and $LU is $FUTU"version"? Both was down like 80-90% from IPO in first year. But when market turned around in March 2020, FUTU did ~24x (from 8 to 200 in a year.) and $TIGR did ~18x (from 2 to 38). Back in 2020 $FUTU and $TIGR wasn't profitable, but they became. Just a wet dreams

User Image Tika1 Posted - 04/25/24

@Topguy @stockmando $LU was way overcapitalized for its 100% risk model, so they are making a good decision to give some of that capital back. $OCFT only has one revenue-growing department, its virtual bank, which was sold to $LU at a fair price. I think Ping An is trying to improve value of $LU because it is way bigger than $OCFT. I am not saying $OCFT is bad investment, it is cheaper now.

User Image Tika1 Posted - 04/25/24

@stockmando $LU just bought one of the best assets that $OCFT had. I think the owner of $LU is trying to save and doesn't care if $OCFT fails.

User Image stockmando Posted - 04/25/24

$OCFT and $LU with.the same owner. Lu up 110% on last 3 months. Ocft at all time low. What a joke.

Analyst Ratings
Citigroup Buy Mar 19, 24