OneConnect Financial Technology Co., Ltd. (OCFT) — Financial statements
Income statement, balance sheet, and cash flow for OneConnect Financial Technology Co., Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,248↓38.7% | 3,668↓17.8% | 4,464↑8.0% | 4,132↑24.8% | 3,312 | |
| Cost of Revenue | 1,444↓37.7% | 2,318↓18.1% | 2,829↑4.9% | 2,696↑30.3% | 2,069 | |
| Gross Profit | 804↓40.4% | 1,349↓17.5% | 1,635↑13.8% | 1,437↑15.5% | 1,243 | |
| Operating Expenses | ||||||
| R&D Expenses | 511↓46.5% | 955↓32.6% | 1,418↑4.8% | 1,353↑15.3% | 1,173 | |
| General & Administrative Expenses | 305↓39.6% | 505↓38.8% | 825↓2.0% | 842↑0.8% | 835 | |
| Selling & Marketing Expenses | 177↓26.6% | 242↓41.3% | 411↓30.1% | 588↓6.5% | 629 | |
| SG&A Expenses | 482↓38.2% | 780↓36.9% | 1,236↓13.6% | 1,430↓2.3% | 1,464 | |
| Other Expenses | 115↑740.8% | -18↑74.7% | -71↓408.7% | -14↑76.2% | -58 | |
| Operating Expenses | 1,108↓35.5% | 1,718↓33.5% | 2,583↓6.7% | 2,769↑7.4% | 2,579 | |
| Total Costs & Expenses | 2,552↓36.8% | 4,036↓25.9% | 5,446↓1.7% | 5,537↑15.8% | 4,783 | |
| Operating Results | ||||||
| Operating Income | -304↑17.6% | -368↑62.5% | -982↑30.1% | -1,405↑4.5% | -1,470 | |
| Depreciation & Amortization | 100↓50.5% | 201↓28.5% | 281↓35.9% | 439↑385.3% | 90 | |
| EBITDA | -81↑42.5% | -141↑79.1% | -674↑27.5% | -929↑46.2% | -1,728 | |
| EBIT | -181↑47.2% | -342↑64.2% | -955↑30.2% | -1,368↑24.8% | -1,819 | |
| Interest & Other Income | ||||||
| Net Interest Income | 55↑424.9% | 10↑146.7% | -22↑53.0% | -48↑34.6% | -73 | |
| Interest Income | 67↑128.1% | 30↑101.1% | 15↓49.0% | 29↓62.7% | 77 | |
| Interest Expense | 12↓34.9% | 19↓48.6% | 37↓51.5% | 77↓49.0% | 150 | |
| Non-Operating Income | -123↓372.4% | -26↑89.8% | -254↓307.6% | 123↓64.8% | 348 | |
| Other Income / Expenses | 54↓65.7% | 158↑1933.6% | -9↑77.3% | -38↑53.2% | -81 | |
| Income Before Tax | -249↓18.5% | -210↑78.8% | -990↑31.4% | -1,443↑7.0% | -1,551 | |
| Income Tax Expense | 455↑4564.7% | 10↑115.7% | -62↑44.6% | -112↑18.3% | -137 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -705↓220.2% | -220↑76.3% | -928↑30.3% | -1,331↑5.9% | -1,414 | |
| Net Income from Discontinued Operations | 209↑238.4% | -151 | 0.00 | 0.00 | 0.00 | |
| Net Income | -460↓26.7% | -363↑58.4% | -872↑31.9% | -1,282↑5.3% | -1,354 | |
| Bottom-Line Net Income | -669↓84.5% | -363↑58.4% | -872↑31.9% | -1,282↑5.3% | -1,354 | |
| EPS (Basic) | -12.60↓27.3% | -9.90↑58.8% | -24.00↑31.0% | -34.80↑8.7% | -38.10 | |
| EPS (Diluted) | -12.60↓27.3% | -9.90↑58.8% | -24.00↑31.0% | -34.80↑8.7% | -38.10 | |
| Weighted Average Shares | 36↓0.0% | 36↓0.1% | 36↓1.3% | 37↑3.8% | 35 | |
| Weighted Average Diluted Shares | 36↑0.0% | 36↓0.5% | 36↓1.2% | 37↑4.1% | 35 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.