OneConnnect (OCFT) stock price, revenue, and financials

OneConnnect market cap is $4 b, and annual revenue was ¥1.41 b in FY 2018

$4 B

OCFT Mkt cap, 26-Feb-2020

¥1.4 B

OneConnnect Revenue FY, 2018
OneConnnect Revenue growth (FY, 2017 - FY, 2018), %143%
OneConnnect Gross profit (FY, 2018)388.6 M
OneConnnect Gross profit margin (FY, 2018), %27.5%
OneConnnect Net income (FY, 2018)-1.2 B
OneConnnect EBIT (FY, 2018)-1.1 B
OneConnnect Cash, 30-Sept-2019915.2 M
OneConnnect EV6.1 B

OneConnnect Revenue

OneConnnect revenue was ¥1.41 b in FY, 2018 which is a 142.9% year over year increase from the previous period.

Embed Graph

OneConnnect Revenue Breakdown

Embed Graph

OneConnnect revenue breakdown by business segment: 79.1% from Transaction-based and Support Revenue and 20.9% from Implementation Revenue

OneConnnect Income Statement

Annual

CNYFY, 2017FY, 2018

Revenue

581.9m1.4b

Revenue growth, %

143%

Cost of goods sold

482.5m1.0b

Gross profit

99.4m388.6m

Gross profit Margin, %

17%27%

Sales and marketing expense

208.0m441.9m

R&D expense

537.2m459.2m

General and administrative expense

270.3m522.0m

Operating expense total

1.0b1.4b

EBIT

(890.3m)(1.1b)

EBIT margin, %

(153%)(79%)

Interest expense

85.6m160.7m

Interest income

2.1m129.4m

Pre tax profit

(976.6m)(1.2b)

Income tax expense

(369.7m)26.5m

Net Income

(607.0m)(1.2b)

OneConnnect Balance Sheet

Annual

CNYFY, 2017FY, 2018

Cash

847.8m565.0m

Accounts Receivable

36.9m270.5m

Prepaid Expenses

309.6m337.2m

Current Assets

2.1b7.9b

PP&E

160.9m319.7m

Total Assets

3.0b9.4b

Accounts Payable

173.1m403.2m

Short-term debt

1.5b3.4b

Current Liabilities

2.9b5.1b

Non-Current Liabilities

188.9m429.1m

Total Debt

1.5b3.4b

Total Liabilities

3.1b5.6b

Common Stock

60.0k66.0k

Additional Paid-in Capital

4.7b

Retained Earnings

(1.1b)(2.3b)

Total Equity

(34.9m)3.8b

Debt to Equity Ratio

-43.1 x0.9 x

Debt to Assets Ratio

0.5 x0.4 x

Financial Leverage

-86.4 x2.4 x

Quarterly

CNYQ3, 2019

Cash

915.2m

Accounts Receivable

702.2m

Prepaid Expenses

363.1m

Current Assets

6.2b

PP&E

361.6m

Total Assets

8.2b

Accounts Payable

447.4m

Short-term debt

3.1b

Current Liabilities

4.6b

Non-Current Liabilities

503.2m

Total Debt

3.1b

Total Liabilities

5.1b

Common Stock

66.0k

Additional Paid-in Capital

4.8b

Retained Earnings

(3.4b)

Total Equity

3.1b

Debt to Equity Ratio

1 x

Debt to Assets Ratio

0.4 x

Financial Leverage

2.6 x

OneConnnect Cash Flow

Annual

CNYFY, 2017FY, 2018

Cash From Operating Activities

(228.7m)(489.2m)

Purchases of PP&E

(15.7m)(84.8m)

Cash From Investing Activities

(126.8m)(5.8b)

Long-term Borrowings

(550.4m)(6.2b)

Cash From Financing Activities

1.1b6.0b

Net Change in Cash

769.6m(295.3m)

Interest Paid

93.5m121.4m

Income Taxes Paid

99.0k

Quarterly

CNYQ3, 2018Q3, 2019

Cash From Operating Activities

(137.0m)(1.5b)

Purchases of PP&E

(31.4m)(79.8m)

Cash From Investing Activities

(5.8b)2.3b

Long-term Borrowings

(2.4b)(4.2b)

Cash From Financing Activities

6.0b(458.6m)

Net Change in Cash

64.5m355.6m

Interest Paid

77.4m116.1m

OneConnnect Ratios

CNYY, 2019

EV/CFO

-4.2 x

Debt/Equity

1 x

Debt/Assets

0.4 x

Financial Leverage

2.6 x

OneConnnect Operating Metrics

FY, 2017Q3, 2018FY, 2018Q3, 2019

Enterprise Customers (Institutional Clients Group)

3.70 k

Customers (Basic)

2.61 k3.27 k

Customers (Premium)

40 221

Customers (Ping An Group)

31 35 36 48

Customers (Premium and Basic)

3.13 k3.70 k

Cloud Services

12

Cloud Products

50

Transactions Processed to Date

250 b

Payments Processed to Date

¥1.80 t

Anti-fraud Checks Performed to Date

106.70 m

Anti-fraud Checks Performed Year to Date

135 k

Credit Risk Assessments Performed Year to Date

4.20 m

Credit Risk Assessments Performed to Date

4 b

Auto Insurance Claims Processed Year to Date

13 k

Patent Applications (China)

2.85 k

Patent Applications (Foreign)

542