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OneConnect Financial Technology Co (OneConnect Financial Technology Co) Profitability Rank : 3 (As of Dec. 2023)


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What is OneConnect Financial Technology Co Profitability Rank?

OneConnect Financial Technology Co has the Profitability Rank of 3. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

OneConnect Financial Technology Co's Operating Margin % for the quarter that ended in Dec. 2023 was -10.64%. As of today, OneConnect Financial Technology Co's Piotroski F-Score is 4.


Competitive Comparison of OneConnect Financial Technology Co's Profitability Rank

For the Software - Application subindustry, OneConnect Financial Technology Co's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OneConnect Financial Technology Co's Profitability Rank Distribution in the Software Industry

For the Software industry and Technology sector, OneConnect Financial Technology Co's Profitability Rank distribution charts can be found below:

* The bar in red indicates where OneConnect Financial Technology Co's Profitability Rank falls into.



OneConnect Financial Technology Co Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

OneConnect Financial Technology Co has the Profitability Rank of 3. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

OneConnect Financial Technology Co's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-13.778 / 129.487
=-10.64 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

OneConnect Financial Technology Co has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

OneConnect Financial Technology Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


OneConnect Financial Technology Co Profitability Rank Related Terms

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OneConnect Financial Technology Co (OneConnect Financial Technology Co) Business Description

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

OneConnect Financial Technology Co (OneConnect Financial Technology Co) Headlines

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