金融壹账通2019年四季度报告

OneConnect Announces Fourth Quarter and Full Year 2019 Unaudited Financial ResultsBusiness WireFebruary 19, 2020Revenue Growth of 51% in the Fourth Quarter and 65% for the Full Year Premium Customer Number Increased from 221 to 473 for the Full YearOneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019.Fourth Quarter 2019 Financial Highlights Revenue increased 51.3% year over year to RMB773 million from RMB511 million. Revenue from third-party customers increased 97.7% year over year to RMB341 million from RMB173 million. Gross margin expanded to 33.6% from 29.0%; non-IFRS gross margin1 was 41.1%, compared to 41.9% in the prior year. Operating loss was RMB581 million, compared to RMB539 million for the same period in the prior year. Net loss attributable to shareholders of OneConnect was RMB619 million, versus RMB621 million for the same period in the prior year. Net loss per share, basic and diluted, was RMB0.65, versus RMB0.66 for the same period in the prior year.Full Year 2019 Financial Highlights Revenue increased 64.7% year over year to RMB2,328 million from RMB1,413 million. Revenue from third-party customers increased 107.3% year over year to RMB1,034 million from RMB499 million. Gross margin expanded to 32.9% from 27.5%; non-IFRS gross margin1 was 46.4%, compared to 43.6% in the prior year. Operating loss was RMB1,701 million, compared to RMB1,114 million in the prior year.  Net loss attributable to shareholders of OneConnect was RMB1,661 million, versus RMB1,196 million for the prior year. Net loss per share, basic and diluted, was RMB1.77, versus RMB1.29.In RMB’000, except percentages and per share amountsThree Months EndedDecember 31YoY Change Full Year EndedDecember 31YoY Change20192018 20192018Revenue772,923510,98651.3%2,327,8461,413,48964.7%Revenue from Ping An Group317,442226,92339.9% 994,733527,64188.5%Revenue from Lufax114,439111,5202.6% 299,040387,128-22.8%Revenue from third-party customers2341,042172,54397.7% 1,034,072498,720107.3%Gross profit259,845148,21975.3%766,858388,62597.3%Gross margin33.6%29.0%32.9%27.5%Non-IFRS gross margin341.1%41.9% 46.4%43.6% Operating loss-581,367-538,719 -1,701,012-1,114,367 Operating margin-75.2%-105.4% -73.1%-78.8% Net loss to shareholders-619,375-620,956 -1,660,566-1,195,712 Net loss per share, basic and diluted-0.65-0.66 -1.77-1.29 1 For more details on this non-IFRS financial measure, please see the section entitled "Use of Unaudited Non-IFRS Financial Measures" and the table captioned "Reconciliations of IFRS and Non-IFRS Results (Unaudited)" set forth at the end of this press release.2 Third-party customers refer to customers with revenue contribution of less than 5% of total. These customers are a key focus of the Company’s diversification strategy.3 Some numbers do not add up due to rounding.CEO and CFO CommentsMr. Ye Wangchun, Chairman of the Board and Chief Executive Office of OneConnect, commented, "OneConnect’s first set of results as a publicly traded company demonstrates the successful execution of our strategy. We added 252 premium customers in 2019, representing a surge of 114% from the prior year. The expansion in the premium pool marks a significant advancement in the adoption of our technology solutions by financial institutions. Recognition from third-party customers continued to rise, with revenue surging by over 107% year over year in 2019, much faster than the overall revenue growth of 65%. It’s an exceptional achievement and I’m very proud of our team’s efforts."Mr. Ye continued, "As we head into 2020, macro challenges remain. The outbreak of coronavirus is causing short-term disruptions, but over the long-term we are extremely optimistic. We believe awareness for online business management and cloud-based solutions will grow in the wake of these temporary hurdles. We have also witnessed a greater demand for digital transformation. OneConnect is well positioned to capture the massive market opportunity with its unique business model, full-stack solutions, cross-vertical coverage and cutting-edge TaaS platform. As China’s financial service industry continues to evolve, we strive to stay ahead of the curve, helping our clients to excel in an increasingly competitive and dynamic market."Mr. Jacky Lo, Chief Financial Officer of OneConnect, added, "Strong revenue aside, we also made a big step forward in profitability. Gross margin continued to improve by 5.4 percentage points year over year in 2019, as we further strengthened and diversified the product offerings. OneConnect has a simple mission, to help financial institutions generate business, manage risk and boost efficiency. The ability to provide these innovative technology and business solutions and to quickly respond to changes in