OneConnect Financial Technology Co (OneConnect Financial Technology Co) Market Cap : $94.4 Mil (As of May. 05, 2024)

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What is OneConnect Financial Technology Co Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). OneConnect Financial Technology Co's share price for the quarter that ended in Dec. 2023 was $3.23. OneConnect Financial Technology Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 39.0 Mil. Therefore, OneConnect Financial Technology Co's market cap for the quarter that ended in Dec. 2023 was $126.0 Mil.

OneConnect Financial Technology Co's quarterly market cap declined from Jun. 2023 ($128.7 Mil) to Sep. 2023 ($122.1 Mil) but then increased from Sep. 2023 ($122.1 Mil) to Dec. 2023 ($126.0 Mil).

OneConnect Financial Technology Co's annual market cap declined from Dec. 2021 ($963.3 Mil) to Dec. 2022 ($207.1 Mil) and declined from Dec. 2022 ($207.1 Mil) to Dec. 2023 ($126.0 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. OneConnect Financial Technology Co's Enterprise Value for Today is $-300.5 Mil.

OneConnect Financial Technology Co Market Cap Historical Data

The historical data trend for OneConnect Financial Technology Co's Market Cap 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 Market Cap Chart

OneConnect Financial Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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3,668.71

7,686.78

963.29

207.09

125.97

OneConnect Financial Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap	Get a 7-Day Free Trial															207.09	207.48	128.70	122.07	125.97

Competitive Comparison of OneConnect Financial Technology Co's Market Cap

For the Software - Application subindustry, OneConnect Financial Technology Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Software Industry

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

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

OneConnect Financial Technology Co Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

OneConnect Financial Technology Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$3.23	*	38.9994
	=	$126.0

OneConnect Financial Technology Co's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	$3.23	*	38.9994
	=	$126.0

OneConnect Financial Technology Co (NYSE:OCFT) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

OneConnect Financial Technology Co Market Cap 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 » Market Cap

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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.