OneConnect Financial Technology Co Ltd
NYSE:OCFT
Income Statement
Earnings Waterfall
OneConnect Financial Technology Co Ltd
Revenue
|
3.7B
CNY
|
Cost of Revenue
|
-2.3B
CNY
|
Gross Profit
|
1.3B
CNY
|
Operating Expenses
|
-1.7B
CNY
|
Operating Income
|
-341.8m
CNY
|
Other Expenses
|
-20.9m
CNY
|
Net Income
|
-362.7m
CNY
|
Income Statement
OneConnect Financial Technology Co Ltd
Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||
Revenue |
582
N/A
|
730
+25%
|
920
+26%
|
1 106
+20%
|
1 414
+28%
|
1 618
+14%
|
1 843
+14%
|
2 066
+12%
|
2 328
+13%
|
2 460
+6%
|
2 713
+10%
|
3 009
+11%
|
3 312
+10%
|
3 551
+7%
|
3 745
+5%
|
3 928
+5%
|
4 132
+5%
|
4 332
+5%
|
4 498
+4%
|
4 502
+0%
|
4 464
-1%
|
4 371
-2%
|
4 211
-4%
|
3 985
-5%
|
3 668
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||
Cost of Revenue |
(483)
|
(441)
|
(567)
|
(736)
|
(1 025)
|
(1 020)
|
(1 128)
|
(1 223)
|
(1 561)
|
(1 526)
|
(1 728)
|
(1 875)
|
(2 069)
|
(2 231)
|
(2 392)
|
(2 573)
|
(2 696)
|
(2 824)
|
(2 910)
|
(2 918)
|
(2 829)
|
(2 742)
|
(2 639)
|
(2 493)
|
(2 318)
|
|
Gross Profit |
99
N/A
|
288
+190%
|
352
+22%
|
370
+5%
|
389
+5%
|
598
+54%
|
715
+20%
|
843
+18%
|
767
-9%
|
935
+22%
|
985
+5%
|
1 135
+15%
|
1 244
+10%
|
1 320
+6%
|
1 353
+2%
|
1 355
+0%
|
1 437
+6%
|
1 507
+5%
|
1 588
+5%
|
1 584
0%
|
1 635
+3%
|
1 630
0%
|
1 572
-4%
|
1 492
-5%
|
1 349
-10%
|
|
Operating Income | ||||||||||||||||||||||||||
Operating Expenses |
(1 014)
|
(1 112)
|
(1 087)
|
(1 175)
|
(1 616)
|
(2 102)
|
(2 336)
|
(2 501)
|
(2 468)
|
(2 568)
|
(2 587)
|
(2 670)
|
(2 641)
|
(2 570)
|
(2 637)
|
(2 667)
|
(2 717)
|
(2 838)
|
(2 841)
|
(2 728)
|
(2 547)
|
(2 327)
|
(2 057)
|
(1 914)
|
(1 691)
|
|
Selling, General & Administrative |
(423)
|
(500)
|
(532)
|
(642)
|
(877)
|
(1 102)
|
(1 267)
|
(1 394)
|
(1 276)
|
(1 467)
|
(1 496)
|
(1 502)
|
(1 063)
|
(1 463)
|
(1 441)
|
(1 387)
|
(1 305)
|
(1 403)
|
(1 366)
|
(1 327)
|
(1 118)
|
(1 087)
|
(987)
|
(896)
|
(708)
|
|
Research & Development |
(503)
|
(436)
|
(367)
|
(372)
|
(420)
|
(632)
|
(741)
|
(818)
|
(923)
|
(906)
|
(1 037)
|
(1 134)
|
(1 131)
|
(1 215)
|
(1 285)
|
(1 313)
|
(1 335)
|
(1 435)
|
(1 454)
|
(1 417)
|
(1 393)
|
(1 342)
|
(1 205)
|
(1 148)
|
(942)
|
|
Depreciation & Amortization |
(90)
|
(173)
|
(174)
|
0
|
(126)
|
(160)
|
(202)
|
0
|
(149)
|
0
|
0
|
0
|
(444)
|
0
|
0
|
0
|
(138)
|
0
|
0
|
0
|
(132)
|
0
|
0
|
0
|
(80)
|
|
Other Operating Expenses |
2
|
(3)
|
(13)
|
(161)
|
(192)
|
(209)
|
(126)
|
(289)
|
(119)
|
(195)
|
(54)
|
(34)
|
(3)
|
108
|
89
|
33
|
61
|
(1)
|
(22)
|
17
|
96
|
103
|
136
|
130
|
38
|
|
Operating Income |
(915)
N/A
|
(824)
+10%
|
(734)
+11%
|
(805)
-10%
|
(1 227)
-52%
|
(1 504)
-23%
|
(1 621)
-8%
|
(1 658)
-2%
|
(1 701)
-3%
|
(1 634)
+4%
|
(1 603)
+2%
|
(1 535)
+4%
|
(1 397)
+9%
|
(1 250)
+11%
|
(1 285)
-3%
|
(1 312)
-2%
|
(1 280)
+2%
|
(1 331)
-4%
|
(1 254)
+6%
|
(1 144)
+9%
|
(912)
+20%
|
(698)
+24%
|
(485)
+31%
|
(422)
+13%
|
(342)
+19%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||
Interest Income Expense |
(62)
|
(61)
|
(76)
|
(68)
|
61
|
5
|
(61)
|
(62)
|
(27)
|
(62)
|
(74)
|
(72)
|
(20)
|
(63)
|
(45)
|
(42)
|
(83)
|
(33)
|
(21)
|
(5)
|
(15)
|
7
|
4
|
5
|
54
|
|
Non-Reccuring Items |
0
|
5
|
0
|
0
|
5
|
0
|
0
|
0
|
(32)
|
(53)
|
(90)
|
(103)
|
(133)
|
(121)
|
(121)
|
(126)
|
(78)
|
(82)
|
(42)
|
(24)
|
(61)
|
(62)
|
(76)
|
(79)
|
(73)
|
|
Total Other Income |
(0)
|
(0)
|
0
|
0
|
(3)
|
(1)
|
(2)
|
(3)
|
(2)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(1)
|
|
Pre-Tax Income |
(977)
N/A
|
(880)
+10%
|
(811)
+8%
|
(873)
-8%
|
(1 164)
-33%
|
(1 501)
-29%
|
(1 684)
-12%
|
(1 723)
-2%
|
(1 762)
-2%
|
(1 750)
+1%
|
(1 767)
-1%
|
(1 709)
+3%
|
(1 551)
+9%
|
(1 434)
+8%
|
(1 451)
-1%
|
(1 480)
-2%
|
(1 443)
+3%
|
(1 446)
0%
|
(1 316)
+9%
|
(1 172)
+11%
|
(990)
+16%
|
(752)
+24%
|
(557)
+26%
|
(497)
+11%
|
(362)
+27%
|
|
Net Income | ||||||||||||||||||||||||||
Tax Provision |
370
|
215
|
88
|
99
|
(27)
|
3
|
96
|
63
|
75
|
46
|
59
|
44
|
137
|
131
|
118
|
126
|
112
|
106
|
93
|
78
|
62
|
43
|
20
|
7
|
(10)
|
|
Income from Continuing Operations |
(607)
|
(664)
|
(723)
|
(774)
|
(1 190)
|
(1 498)
|
(1 588)
|
(1 660)
|
(1 688)
|
(1 704)
|
(1 708)
|
(1 666)
|
(1 414)
|
(1 304)
|
(1 333)
|
(1 354)
|
(1 331)
|
(1 340)
|
(1 223)
|
(1 094)
|
(928)
|
(709)
|
(536)
|
(490)
|
(371)
|
|
Income to Minority Interest |
0
|
0
|
0
|
4
|
(5)
|
(4)
|
(2)
|
(2)
|
27
|
44
|
57
|
58
|
61
|
60
|
72
|
66
|
49
|
45
|
33
|
41
|
56
|
45
|
36
|
31
|
9
|
|
Net Income (Common) |
(607)
N/A
|
(664)
-9%
|
(723)
-9%
|
(769)
-6%
|
(1 196)
-55%
|
(1 502)
-26%
|
(1 590)
-6%
|
(1 662)
-5%
|
(1 661)
+0%
|
(1 660)
+0%
|
(1 651)
+1%
|
(1 608)
+3%
|
(1 354)
+16%
|
(1 244)
+8%
|
(1 262)
-1%
|
(1 288)
-2%
|
(1 282)
+1%
|
(1 295)
-1%
|
(1 191)
+8%
|
(1 053)
+12%
|
(872)
+17%
|
(664)
+24%
|
(500)
+25%
|
(459)
+8%
|
(363)
+21%
|
|
EPS (Diluted) |
-0.55
N/A
|
-0.6
-9%
|
-6.58
-997%
|
-7.01
-7%
|
-1.09
+84%
|
-1.36
-25%
|
-14.49
-965%
|
-15.15
-5%
|
-1.51
+90%
|
-15.96
-957%
|
-15.84
+1%
|
-15
+5%
|
-1.16
+92%
|
-11.25
-870%
|
-11.38
-1%
|
-11.61
-2%
|
-1.16
+90%
|
-11.06
-853%
|
-10.17
+8%
|
-9
+12%
|
-0.8
+91%
|
-0.56
+30%
|
-0.42
+25%
|
-0.39
+7%
|
-0.33
+15%
|