OCFT (OneConnect Financial Technology Co) Net Margin % : -137.08% (As of Dec. 2024)

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What is OneConnect Financial Technology Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. OneConnect Financial Technology Co's Net Income for the three months ended in Dec. 2024 was $-78.2 Mil. OneConnect Financial Technology Co's Revenue for the three months ended in Dec. 2024 was $57.0 Mil. Therefore, OneConnect Financial Technology Co's net margin for the quarter that ended in Dec. 2024 was -137.08%.

The historical rank and industry rank for OneConnect Financial Technology Co's Net Margin % or its related term are showing as below:

OCFT' s Net Margin % Range Over the Past 10 Years
Min: -104.3 Med: -35.95 Max: -9.89
Current: -20.3

OCFT's Net Margin % is ranked worse than
77.4% of 2748 companies
in the Software industry
Industry Median: 2.555 vs OCFT: -20.30

OneConnect Financial Technology Co Net Margin % Historical Data

The historical data trend for OneConnect Financial Technology Co's Net Margin % 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 Net Margin % Chart

OneConnect Financial Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Net Margin %

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-40.87

-31.02

-19.54

-9.89

-20.45

OneConnect Financial Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Net Margin %	Get a 7-Day Free Trial															-7.91	-14.43	35.14	-7.07	-137.08

Competitive Comparison of OneConnect Financial Technology Co's Net Margin %

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

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

* The bar in red indicates where OneConnect Financial Technology Co's Net Margin % falls into.

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OneConnect Financial Technology Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

OneConnect Financial Technology Co's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin	=	Net Income (A: Dec. 2024 )	/	Revenue (A: Dec. 2024 )
	=	-63.136	/	308.776
	=	-20.45 %

OneConnect Financial Technology Co's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin	=	Net Income (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	-78.177	/	57.031
	=	-137.08 %

OneConnect Financial Technology Co (NYSE:OCFT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

OneConnect Financial Technology Co Net Margin % Related Terms

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OneConnect Financial Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneConnect Financial Technology Co Ltd (NYSE:OCFT) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

06638:Hong Kong

Address

No. 5033 Yitian Road, Floor 21/24, Ping An Financial Center, 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.