Oneconnect Financial Technology Co Ltd - ADR logo

OCFT

Oneconnect Financial Technology Co Ltd - ADR

$1.22

Earnings Summary

Revenue
$1018.94Mn
Net Profits
$-317.58Mn
Net Profit Margins
-31.17%

Highlights

Revenue:

Oneconnect Financial Technology Co Ltd - ADR’s revenue jumped 24.3% since last year same period to $1018.94Mn in the Q1 2022. On a quarterly growth basis, Oneconnect Financial Technology Co Ltd - ADR has generated -20.41% fall in its revenue since last 3-months.

Net Profits:

Oneconnect Financial Technology Co Ltd - ADR’s net profit fell -4.22% since last year same period to $-317.58Mn in the Q1 2022. On a quarterly growth basis, Oneconnect Financial Technology Co Ltd - ADR has generated 11.38% jump in its net profits since last 3-months.

Net Profit Margins:

Oneconnect Financial Technology Co Ltd - ADR’s net profit margin jumped 16.15% since last year same period to -31.17% in the Q1 2022. On a quarterly growth basis, Oneconnect Financial Technology Co Ltd - ADR has generated -11.35% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Oneconnect Financial Technology Co Ltd - ADR post its latest quarter earnings

EPS Estimate Current Quarter
-0.13
EPS Estimate Current Year
-0.13

Highlights

EPS Estimate Current Quarter:

Oneconnect Financial Technology Co Ltd - ADR’s earning per share (EPS) estimates for the current quarter stand at -0.13 - a 82.89% jump from last quarter’s estimates.

EPS Estimate Current Year:

Oneconnect Financial Technology Co Ltd - ADR’s earning per share (EPS) estimates for the current year stand at -0.13.

Key Ratios

Key ratios of the Oneconnect Financial Technology Co Ltd - ADR post its Q1 2022 earnings

Earning Per Share (EPS)
-0.76
Return on Assets (ROA)
-0.11
Return on Equity (ROE)
-0.31
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Oneconnect Financial Technology Co Ltd - ADR’s earning per share (EPS) jumped 8.43% since last year same period to -0.76 in the Q1 2022. This indicates that the Oneconnect Financial Technology Co Ltd - ADR has generated 8.43% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Oneconnect Financial Technology Co Ltd - ADR’s return on assets (ROA) stands at -0.11.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Oneconnect Financial Technology Co Ltd - ADR’s return on equity (ROE) stands at -0.31.

Dividend Per Share (DPS):

Oneconnect Financial Technology Co Ltd - ADR declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-31
-0.76
-0.76
0%

Company Information

OneConnect is a leading technology-as-a-service platform for financial institutions in China. The Company's platform provides cloud-native technology solutions that integrate extensive financial services industry expertise with market-leading technology. The Company's solutions provide technology applications and technology-enabled business services to financial institutions. Together they enable the Company's customers' digital transformations, which help them increase revenue, manage risks, improve efficiency, enhance service quality and reduce costs.

Organisation
Oneconnect Financial Technology Co Ltd - ADR
Employees
2.02K
Industry
Finance