OneConnect Financial Technology (OCFT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $7.27 to $7.41
• 50-Day Range: $7.02 to $7.55
• 52-Week Range: $0.87 to $7.64
• Volume: 33,339 shs
• Average Volume: 50,252 shs
• Market Capitalization: $288.98 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

OCFT Stock Analysis - Frequently Asked Questions

How have OCFT shares performed this year?

OneConnect Financial Technology's stock was trading at $2.43 on January 1st, 2025. Since then, OCFT shares have increased by 200.4% and is now trading at $7.30.

How were OneConnect Financial Technology's earnings last quarter?

OneConnect Financial Technology Co., Ltd. Sponsored ADR (NYSE:OCFT) posted its quarterly earnings results on Wednesday, May, 28th. The company reported ($0.15) EPS for the quarter. The business had revenue of $50.57 million for the quarter. OneConnect Financial Technology had a negative trailing twelve-month return on equity of 7.20% and a negative net margin of 20.95%.

When did OneConnect Financial Technology's stock split?

OneConnect Financial Technology's stock reverse split on the morning of Monday, December 12th 2022.The 1-10 reverse split was announced on Monday, December 12th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, December 12th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did OneConnect Financial Technology IPO?

OneConnect Financial Technology (OCFT) raised $468 million in an initial public offering on Friday, December 13th 2019. The company issued 36,000,000 shares at $12.00-$14.00 per share. Morgan Stanley, Goldman Sachs (Asia), J.P. Morgan and Ping An of China Securities (Hong Kong) served as the underwriters for the IPO and BofA Securities, HSBC, CLSA and KeyBanc Capital Markets were co-managers.

Who are OneConnect Financial Technology's major shareholders?

OneConnect Financial Technology's top institutional investors include Simplex Trading LLC and Belvedere Trading LLC.

How do I buy shares of OneConnect Financial Technology?

Shares of OCFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of OneConnect Financial Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OneConnect Financial Technology investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Li Auto (LI), Broadcom (AVGO), ServiceNow (NOW).

Company Calendar

• Last Earnings: 5/28/2025
• Today: 8/05/2025
• Next Earnings (Estimated): 8/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Computer Software
• Current Symbol: NYSE:OCFT
• CIK: 1780531
• Web: www.ocft.com
• Phone: 852-3757-9718
• Fax: N/A
• Employees: 1,937
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($1.51)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$63.94 million
• Net Margins: -20.95%
• Pretax Margin: -12.24%
• Return on Equity: -7.20%
• Return on Assets: -4.42%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.56
• Quick Ratio: 2.56

Sales & Book Value

• Annual Sales: $312.73 million
• Price / Sales: N/A
• Cash Flow: $365.00 per share
• Price / Cash Flow: 0.02
• Book Value: $8.93 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: $287.82 million
• Optionable: Optionable
• Beta: 0.40