Oneconnect Financial Technology Co (OCFT) — Tangible Net Worth Ratio
Oneconnect Financial Technology Co (OCFT) has a Tangible Net Worth Ratio of 98.9% as of June 2025. This metric is calculated by deducting intangible assets ($25.30 Million) from net assets ($2.41 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of Oneconnect Financial Technology Co to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Oneconnect Financial Technology Co Tangible Net Worth Ratio (2018–2024)
This chart shows how Oneconnect Financial Technology Co's Tangible Net Worth Ratio has changed across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 98.9%, reflecting net assets of $2.41 Billion with intangible assets of $25.30 Million USD. See defensive interval ratio of Oneconnect Financial Technology Co to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Oneconnect Financial Technology Co (2018–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Oneconnect Financial Technology Co from 2018 to 2024, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Oneconnect Financial Technology Co (OCFT) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.5% | $2.50 Billion | $38.38 Million | $3.97 Billion | ▲ +4.6 pp |
| 2023 | 93.8% | $2.95 Billion | $182.21 Million | $8.07 Billion | ▲ +2.4 pp |
| 2022 | 91.4% | $3.28 Billion | $281.27 Million | $8.88 Billion | ▲ +1.8 pp |
| 2021 | 89.6% | $3.84 Billion | $398.03 Million | $9.34 Billion | ▲ +1.5 pp |
| 2020 | 88.1% | $5.29 Billion | $627.90 Million | $10.89 Billion | ▲ +3.3 pp |
| 2019 | 84.8% | $4.52 Billion | $687.79 Million | $9.93 Billion | ▲ +1.3 pp |
| 2018 | 83.5% | $3.83 Billion | $632.06 Million | $9.38 Billion | — |