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

Company Overview

OneConnect Financial Technology Co., Ltd. (NYSE: OCFT) is a leading fintech-as-a-service platform that provides technology and digital solutions to financial institutions. Originally established as a subsidiary of Ping An Insurance Group in 2016, OneConnect leverages advanced cloud computing, big data analytics, artificial intelligence, and blockchain to help banks, insurers, and other financial service providers enhance their operational efficiency, risk management, and customer experience. The company’s modular platform allows clients to integrate tailored services via application programming interfaces (APIs), accelerating their digital transformation strategies without extensive in-house development.

The company’s core offerings span digital banking, credit risk assessment, regulatory compliance, and insurance technology solutions. Its digital banking suite enables institutions to launch mobile and online banking channels quickly, supporting functions such as account opening, payments, and wealth management. On the risk management front, OneConnect provides sophisticated credit-scoring models, fraud-detection tools, and anti–money laundering analytics. For insurers, the company offers policy underwriting automation, claims processing, and customer engagement platforms powered by machine learning algorithms designed to optimize claims accuracy and turnaround time.

While its primary market remains mainland China, OneConnect has expanded its footprint across Southeast Asia, the Middle East, Africa, and Latin America. Through strategic partnerships and localized implementation teams, the company has delivered digital banking platforms in Indonesia, risk management systems in the United Arab Emirates, and microfinance solutions in Nigeria. This international reach underscores OneConnect’s ambition to export its proven fintech innovations beyond its domestic base, collaborating with governments and private financial institutions to foster greater financial inclusion and operational resilience.

Since its initial public offering in 2019 on the New York Stock Exchange, OneConnect has continued to invest in research and development, maintaining multiple dedicated R&D centers focused on emerging technologies. The company is overseen by Chairman Peter Ma, a veteran executive from Ping An Group, and led by Chief Executive Officer Weng C., both of whom bring extensive experience in fintech innovation and financial services. Under their guidance, OneConnect aims to further refine its platform capabilities and broaden its suite of solutions to meet the evolving needs of a global financial ecosystem.

Key Stats

• Today's Range: $7.45 to $7.59
• 50-Day Range: $6.18 to $7.55
• 52-Week Range: $0.87 to $7.64
• Volume: 44,818 shs
• Average Volume: 81,670 shs
• Market Capitalization: $294.06 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

OneConnect Financial Technology Stock Analysis - MarketRank™

OneConnect Financial Technology scored higher than 17% of companies evaluated by MarketBeat, and ranked 268th out of 312 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for OneConnect Financial Technology.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of OneConnect Financial Technology is -4.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of OneConnect Financial Technology is -4.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

OneConnect Financial Technology has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.23% of the float of OneConnect Financial Technology has been sold short.

Short Interest Ratio / Days to Cover

OneConnect Financial Technology has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in OneConnect Financial Technology has recently decreased by 17.14%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

OneConnect Financial Technology does not currently pay a dividend.

Dividend Growth

OneConnect Financial Technology does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.23% of the float of OneConnect Financial Technology has been sold short.

Short Interest Ratio / Days to Cover

OneConnect Financial Technology has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in OneConnect Financial Technology has recently decreased by 17.14%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.37

News Sentiment

OneConnect Financial Technology has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.90 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for OneConnect Financial Technology this week, compared to 0 articles on an average week.

MarketBeat Follows

Only 1 people have added OneConnect Financial Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, OneConnect Financial Technology insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 4.05% of the stock of OneConnect Financial Technology is held by institutions.

OCFT Stock Analysis - Frequently Asked Questions

How have OCFT shares performed this year?

OneConnect Financial Technology's stock was trading at $2.43 at the beginning of the year. Since then, OCFT shares have increased by 210.3% and is now trading at $7.54.

How were OneConnect Financial Technology's earnings last quarter?

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

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 a price of $12.00-$14.00 per share. Morgan Stanley, Goldman Sachs (Asia), J.P. Morgan and Ping An of China Securities (Hong Kong) acted as the underwriters for the IPO and BofA Securities, HSBC, CLSA and KeyBanc Capital Markets were co-managers.

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: 7/18/2025
• 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: 0.94
• Cash Flow: $377.00 per share
• Price / Cash Flow: 0.02
• Book Value: $8.93 per share
• Price / Book: 0.84

Miscellaneous

• Outstanding Shares: 39,000,000
• Free Float: N/A
• Market Cap: $294.06 million
• Optionable: Optionable
• Beta: 0.50