OneConnect Financial Technology Co (OneConnect Financial Technology Co) 3-Year Book Growth Rate : -19.40% (As of Dec. 2023)

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What is OneConnect Financial Technology Co 3-Year Book Growth Rate?

OneConnect Financial Technology Co's Book Value per Share for the quarter that ended in Dec. 2023 was $10.65.

During the past 12 months, OneConnect Financial Technology Co's average Book Value per Share Growth Rate was -12.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was -19.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was -8.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 7 years, the highest 3-Year average Book Value per Share Growth Rate of OneConnect Financial Technology Co was 1.10% per year. The lowest was -19.40% per year. And the median was -10.80% per year.

Competitive Comparison of OneConnect Financial Technology Co's 3-Year Book Growth Rate

For the Software - Application subindustry, OneConnect Financial Technology Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, OneConnect Financial Technology Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where OneConnect Financial Technology Co's 3-Year Book Growth Rate falls into.

OneConnect Financial Technology Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

OneConnect Financial Technology Co (NYSE:OCFT) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

OneConnect Financial Technology Co 3-Year Book Growth Rate Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneConnect Financial Technology Co Ltd (NYSE:OCFT) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

06638:Hong Kong

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.