Oneconnect Net Tangible Assets from 2010 to 2024

OCFT Stock  USD 2.56  0.05  1.92%   
Oneconnect Financial Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets will likely drop to about 2.9 B in 2024. Net Tangible Assets is the total assets of Oneconnect Financial Technology minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
3.1 B
Current Value
2.9 B
Quarterly Volatility
1.9 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oneconnect Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oneconnect Financial's main balance sheet or income statement drivers, such as Net Interest Income of 1.5 M, Interest Income of 23.6 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 6.47, Dividend Yield of 0.0 or PTB Ratio of 8.84. Oneconnect financial statements analysis is a perfect complement when working with Oneconnect Financial Valuation or Volatility modules.
  
Check out the analysis of Oneconnect Financial Correlation against competitors.

Latest Oneconnect Financial's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Oneconnect Financial Technology over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Oneconnect Financial's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oneconnect Financial's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Oneconnect Net Tangible Assets Regression Statistics

Arithmetic Mean1,288,157,964
Geometric Mean1,056,637,089
Coefficient Of Variation147.48
Mean Deviation1,802,794,629
Median(401,962,000)
Standard Deviation1,899,801,655
Sample Variance3609246.3T
Range4.7B
R-Value0.83
Mean Square Error1179462.6T
R-Squared0.70
Significance0.0001
Slope354,544,145
Total Sum of Squares50529448.6T

Oneconnect Net Tangible Assets History

20242.9 B
20233.1 B
20222.7 B
20213.1 B
20204.3 B
20193.4 B
2018B

About Oneconnect Financial Financial Statements

Oneconnect Financial shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Oneconnect Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Oneconnect Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Oneconnect Financial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets3.1 B2.9 B

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Additional Tools for Oneconnect Stock Analysis

When running Oneconnect Financial's price analysis, check to measure Oneconnect Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.