According to the latest research report released by Morgan Stanley (hereinafter referred to as Da Mo), financial one account has achieved the goal of 25% revenue growth in 2021, the net loss rate has decreased by 10 percentage points, reached the annual double-digit narrowing target, and given a holding rating.
According to the performance report of 2021, the annual operating revenue of financial one account link was 4.13 billion yuan, a year-on-year increase of 25%; The operating loss narrowed from 1.47 billion yuan to 1.405 billion yuan; The net loss attributable to shareholders narrowed from 1.354 billion yuan to 1.282 billion yuan year-on-year. In this context, onecom announced its share repurchase and listing plan on the Hong Kong stock exchange.
Damo believes that in terms of customers, the third-party revenue performance of financial one account will continue to be the concern of investors. At the same time, the company's high-quality customers and high-quality + customers have been improved. In terms of products, the overall revenue based on transactions increased significantly year-on-year. From the fourth quarter of 2021, due to the reduction of group projects and covid-19 epidemic, the project implementation revenue in the fourth quarter decreased compared with the traditional peak season. In terms of profitability, the company basically met the expectations of the company's management, further narrowed its net loss, and continued to be optimistic about the strong digital transformation needs of financial institutions, especially digital risk management, Inclusive Finance and data security.
At the annual performance report release meeting, onepay reiterated its medium-term (three-year) objectives, including improving revenue scale and industry ranking, and realizing the contribution of third-party revenue as the main source of revenue. Based on the above status and expectations, Morgan Stanley gave the holding rating of financial one account link.
Onepay said that the current industry track and direction of the company are correct, and it has huge market potential. The market needs a company that understands both business and technology and can integrate and match demand and technology. Under the guidance of the new upgrading strategy of "one body and two wings", the management of the company is full of confidence in the medium and long-term development of the company.