Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
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 -0.92 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 4.36
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
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
06/14/23 How Much Upside is Left in OneConnect Financial Technology Co., Ltd. Sponsored ADR (OCFT)? Wall Street Analysts Think 87.81%
06/07/23 Hong Kong virtual bank Ping An OneConnect to expand lending to retail SMEs to capture post-Covid growth opportunities, CEO says
OCFT Chatroom

User Image NRG8 Posted - 1 day 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 day ago

$OCFT Bottom is in!

User Image RollingDollar Posted - 1 day ago

$OCFT

User Image RollingDollar Posted - 2 days ago

$OCFT

User Image stockmando Posted - 2 days 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 - 2 days ago

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

User Image stockmando Posted - 2 days 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.

User Image stockmando Posted - 04/25/24

$OCFT sell?

User Image Crouse112 Posted - 04/24/24

$OCFT this is impressively bad. I am down 92% on this one. Worth more in tax lost harvesting then vaule at this point.

User Image stockmando Posted - 04/24/24

$LU and $OCFT usually post their ER at the same time. OCFT didn't even announce ER news. Any idea why? And what is expectation? Thanks It looks like China stocks start turning around. HANG SENG Index up about 17% from January lows.

User Image WISH_upon_a_PLTR Posted - 04/23/24

$OCFT $1.77 - The bottom is finally in!

User Image Stonkey Posted - 04/23/24

$OCFT Hopeless, worthless POS.

User Image Stock_Titan Posted - 04/23/24

$OCFT OneConnect Files Annual Report on Form 20-F https://www.stocktitan.net/news/OCFT/one-connect-files-annual-report-on-form-20-gmzvf5kwbscr.html

User Image HamburgerTim Posted - 04/22/24

$OCFT I'm sorry what is this? A scam.

User Image bullenario Posted - 04/18/24

$OCFT really undervalued

User Image Yikes88 Posted - 04/18/24

$OCFT lucky I don’t have lots of shares in this. But if it goes further down, I think I will average down.

User Image yaniv406 Posted - 04/18/24

$OCFT 3.95b disappeared as if they were not there, who allows such companies to trade, to raise money. I feel sorry for the investors who lost all their money in this company.

User Image WISH_upon_a_PLTR Posted - 04/17/24

$OCFT @Steve_TheBull_Rogers - Have OCFT and WISH been some of your worst bottom play calls since your trading career began? Humbly asking https://stocktwits.com/Steve_TheBull_Rogers/message/405216833

User Image yaniv406 Posted - 04/17/24

$OCFT Every day 4 percent drop what a trash can

User Image Stonkey Posted - 04/16/24

$OCFT

Analyst Ratings
Citigroup Buy Mar 19, 24