OneConnect Financial Technology Co Ltd logo

OCFT

OneConnect Financial Technology Co Ltd

$5.7

Earnings Summary

Revenue
$1064.58Mn
Net Profits
$-269.66Mn
Net Profit Margins
-25.33%

Highlights

Revenue:

OneConnect Financial Technology Co Ltd’s revenue jumped 20.78% since last year same period to $1064.58Mn in the Q3 2021. On a quarterly growth basis, OneConnect Financial Technology Co Ltd has generated 10.01% jump in its revenue since last 3-months.

Net Profits:

OneConnect Financial Technology Co Ltd’s net profit fell -10.96% since last year same period to $-269.66Mn in the Q3 2021. On a quarterly growth basis, OneConnect Financial Technology Co Ltd has generated 22.72% jump in its net profits since last 3-months.

Net Profit Margins:

OneConnect Financial Technology Co Ltd’s net profit margin jumped 8.13% since last year same period to -25.33% in the Q3 2021. On a quarterly growth basis, OneConnect Financial Technology Co Ltd has generated 29.75% jump 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 post its latest quarter earnings

EPS Estimate Current Quarter
-0.67
EPS Estimate Current Year
-0.67

Highlights

EPS Estimate Current Quarter:

OneConnect Financial Technology Co Ltd’s earning per share (EPS) estimates for the current quarter stand at -0.67 - a 87.71% jump from last quarter’s estimates.

EPS Estimate Current Year:

OneConnect Financial Technology Co Ltd’s earning per share (EPS) estimates for the current year stand at -0.67.

Key Ratios

Key ratios of the OneConnect Financial Technology Co Ltd post its Q3 2022 earnings

Earning Per Share (EPS)
-3.6
Return on Assets (ROA)
-0.07
Return on Equity (ROE)
-0.26

Highlights

Earning Per Share (EPS):

OneConnect Financial Technology Co Ltd’s earning per share (EPS) jumped 50% since last year same period to -3.6 in the Q3 2022. This indicates that the OneConnect Financial Technology Co Ltd has generated 50% 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’s return on assets (ROA) stands at -0.07.

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’s return on equity (ROE) stands at -0.26.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2020-07-24
-1.02
-0.96
5.88%
2020-09-30
-0.98
-0.69
29.59%
2020-04-28
-1.43
-1.2
16.08%
2020-12-31
-1.13
-9.9
-776.11%

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
Headquarters
Ping An Financial Center, Shenzhen, China
Employees
0
Industry
Finance

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