Oneconnect Financial Technology Co Total Assets
Oneconnect Financial Technology Co total assets. Based on the latest financial reports, Oneconnect Financial Technology Co (OCFT) holds total assets worth $3.73 Billion USD as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see Oneconnect Financial Technology Co (OCFT) market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of Oneconnect Financial Technology Co (2017–2024)
Total assets of Oneconnect Financial Technology Co from 2017 to 2024. This chart illustrates how Oneconnect Financial Technology Co's total assets have evolved over time, based on quarterly financial data. See Oneconnect Financial Technology Co share price for real-time trading data and today's change.
Oneconnect Financial Technology Co - Asset Composition Analysis
Oneconnect Financial Technology Co Total Assets Breakdown (December 2024)
Oneconnect Financial Technology Co total assets breakdown as of December 2024. Oneconnect Financial Technology Co's total assets of $3.73 Billion consist of 85.6% current assets and 14.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 49.1% |
| Accounts Receivable | $902.07 Million | 22.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $38.38 Million | 1.0% |
| Goodwill | $157.26 Million | 4.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Oneconnect Financial Technology Co's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital to net assets of Oneconnect Financial Technology Co to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Oneconnect Financial Technology Co's current assets represent 85.6% of total assets in 2024, an increase from 68.5% in 2017.
- Cash Position: Cash and equivalents constituted 49.1% of total assets in 2024, up from 28.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 12.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 22.7% of total assets.
Oneconnect Financial Technology Co Competitors by Total Assets
Key competitors of Oneconnect Financial Technology Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shoper S.A.
WAR:SHO
|
Poland | zł141.73 Million |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.82 Billion |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
China | CN¥3.14 Billion |
|
GuoChuang Software Co Ltd
SHE:300520
|
China | CN¥3.58 Billion |
|
Alkami Technology Inc
NASDAQ:ALKT
|
USA | $831.08 Million |
|
Nanjing Doron Technology Corp
SHG:603528
|
China | CN¥2.30 Billion |
|
Yalla Group Ltd
NYSE:YALA
|
USA | $869.46 Million |
Oneconnect Financial Technology Co - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.44 | 1.77 | 1.95 |
| Quick Ratio | 2.44 | 1.77 | 1.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.87 Billion | $1.96 Billion | $4.52 Billion |
Oneconnect Financial Technology Co - Advanced Valuation Insights
This section examines the relationship between Oneconnect Financial Technology Co's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.89 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -50.8% |
| Total Assets | $3.97 Billion |
| Market Capitalization | $307.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Oneconnect Financial Technology Co's assets below their book value (0.08x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Oneconnect Financial Technology Co's assets decreased by 50.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Oneconnect Financial Technology Co (2017–2024)
The table below shows the annual total assets of Oneconnect Financial Technology Co from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.97 Billion | -50.83% |
| 2023-12-31 | $8.07 Billion | -9.16% |
| 2022-12-31 | $8.88 Billion | -4.91% |
| 2021-12-31 | $9.34 Billion | -14.19% |
| 2020-12-31 | $10.89 Billion | +9.65% |
| 2019-12-31 | $9.93 Billion | +5.81% |
| 2018-12-31 | $9.38 Billion | +211.14% |
| 2017-12-31 | $3.02 Billion | -- |
About Oneconnect Financial Technology Co
OneConnect Financial Technology Co., Ltd. provides cloud-platform-based Fintech solutions, and online information and operating support services for financial institutions in the People's Republic of China. The company offers Gamma Platform, which offers a toolbox of separate solution modules that provide technology infrastructure and underlying technologies; marketing management platform, develo… Read more