OneConnect Financial Technology Co (HKSE:06638) Other Operating Expense : HK$-13 Mil (TTM As of Mar. 2024)

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What is OneConnect Financial Technology Co Other Operating Expense?

OneConnect Financial Technology Co's Other Operating Expense for the three months ended in Mar. 2024 was HK$-19 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-13 Mil.

OneConnect Financial Technology Co's quarterly Other Operating Expense increased from Sep. 2023 (HK$-14 Mil) to Dec. 2023 (HK$23 Mil) but then declined from Dec. 2023 (HK$23 Mil) to Mar. 2024 (HK$-19 Mil).

OneConnect Financial Technology Co's annual Other Operating Expense declined from Dec. 2021 (HK$-63 Mil) to Dec. 2022 (HK$-65 Mil) but then increased from Dec. 2022 (HK$-65 Mil) to Dec. 2023 (HK$-45 Mil).

OneConnect Financial Technology Co Other Operating Expense Historical Data

The historical data trend for OneConnect Financial Technology Co's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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OneConnect Financial Technology Co Other Operating Expense Chart

OneConnect Financial Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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130.91

-1.35

-62.55

-64.78

-45.34

OneConnect Financial Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															-30.56	-2.72	-14.49	22.90	-18.62

OneConnect Financial Technology Co Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-13 Mil.

OneConnect Financial Technology Co Other Operating Expense Related Terms

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OneConnect Financial Technology Co (HKSE:06638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneConnect Financial Technology Co Ltd (HKSE:06638) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

OCFT:USA

Address

No.1 Tairan 7th Road, 10-14th Floor, Block A, Platinum Towers, Futian District, Shenzhen, CHN

Website

https://www.ocft.com

OneConnect Financial Technology Co Ltd is a provider of technology platforms. Its platform provides cloud-native technology solutions that integrate financial services with market technology. The company offers technology applications and technology-enabled business services to financial institutions in China. Its technology solutions cover multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses from sales and marketing and risk management to customer services and operations, as well as technology infrastructures such as data management and cloud services. The firm operates in two segments namely Technology Solutions which is the key revenue driver and Virtual Bank Business.

Executives

Li Jie	2101 Beneficial owner
Sen Rong Limited	2101 Beneficial owner
Yi Chuan Jin Limited	2201 Interest of corporation controlled by you
Hsbc Holdings Plc	2201 Interest of corporation controlled by you
An Ke Technology Company Limited	2201 Interest of corporation controlled by you
Bo Yu Limited	2101 Beneficial owner
Shenzhen Ping An Financial Technology Consulting Co., Ltd.	2201 Interest of corporation controlled by you
Dou Wenwei	2201 Interest of corporation controlled by you
Rong Chang Limited	2101 Beneficial owner
Wang Wenjun	2201 Interest of corporation controlled by you
Xu Liang	2201 Interest of corporation controlled by you
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

OneConnect Financial Technology Co (HKSE:06638) Headlines

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