Oneconnect Financial Technology Stock Return On Asset
| OCFT Stock | USD 2.50 0.04 1.63% |
Oneconnect Financial Technology fundamentals help investors to digest information that contributes to Oneconnect Financial's financial success or failures. It also enables traders to predict the movement of Oneconnect Stock. The fundamental analysis module provides a way to measure Oneconnect Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oneconnect Financial stock.
Return On Assets is likely to drop to -0.05 in 2024. Oneconnect | Return On Asset |
Oneconnect Financial Technology Company Return On Asset Analysis
Oneconnect Financial's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Oneconnect Financial Return On Asset | -0.0338 |
Most of Oneconnect Financial's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oneconnect Financial Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Oneconnect Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Oneconnect Financial is extremely important. It helps to project a fair market value of Oneconnect Stock properly, considering its historical fundamentals such as Return On Asset. Since Oneconnect Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Oneconnect Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Oneconnect Financial's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Oneconnect Total Assets
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Based on the latest financial disclosure, Oneconnect Financial Technology has a Return On Asset of -0.0338. This is 98.83% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is 75.86% lower than that of the firm.
Oneconnect Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oneconnect Financial's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oneconnect Financial could also be used in its relative valuation, which is a method of valuing Oneconnect Financial by comparing valuation metrics of similar companies.Oneconnect Financial is currently under evaluation in return on asset category among its peers.
Oneconnect Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Oneconnect Financial from analyzing Oneconnect Financial's financial statements. These drivers represent accounts that assess Oneconnect Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Oneconnect Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 21.9B | 45.6B | 5.8B | 1.3B | 25.0B | 23.3B | |
| Enterprise Value | 24.0B | 44.9B | 5.2B | (225.3M) | 24.0B | 23.6B |
Oneconnect Financial ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Oneconnect Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Oneconnect Financial's managers, analysts, and investors.Environmental | Governance | Social |
Oneconnect Fundamentals
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0338 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | (154.91 M) | ||||
| Shares Outstanding | 39 M | ||||
| Shares Owned By Insiders | 1.94 % | ||||
| Shares Owned By Institutions | 3.64 % | ||||
| Number Of Shares Shorted | 129.99 K | ||||
| Price To Earning | (12.84) X | ||||
| Price To Book | 0.23 X | ||||
| Price To Sales | 0.03 X | ||||
| Revenue | 3.67 B | ||||
| Gross Profit | 1.64 B | ||||
| EBITDA | (140.84 M) | ||||
| Net Income | (362.71 M) | ||||
| Cash And Equivalents | 3.33 B | ||||
| Cash Per Share | 8.55 X | ||||
| Total Debt | 357.33 M | ||||
| Debt To Equity | 0.12 % | ||||
| Current Ratio | 1.22 X | ||||
| Book Value Per Share | 2.69 X | ||||
| Cash Flow From Operations | (648.46 M) | ||||
| Short Ratio | 0.43 X | ||||
| Earnings Per Share | (1.18) X | ||||
| Price To Earnings To Growth | (1.75) X | ||||
| Target Price | 2.26 | ||||
| Number Of Employees | 2.08 K | ||||
| Beta | 1.85 | ||||
| Market Capitalization | 114.35 M | ||||
| Total Asset | 8.07 B | ||||
| Retained Earnings | (7.87 B) | ||||
| Working Capital | 285.89 M | ||||
| Current Asset | 7.42 B | ||||
| Current Liabilities | 5.09 B | ||||
| Net Asset | 8.07 B |
About Oneconnect Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oneconnect Financial Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oneconnect Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oneconnect Financial Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Oneconnect Stock Analysis
When running Oneconnect Financial's price analysis, check to measure Oneconnect Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.