99 Loyalty Limited (ASX:99L) Annual Report 2020



The latest annual report of 99 Loyalty Limited (99L) was published on 31 Dec 2020. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - 99L Annual Results

Amounts in CNY

Total Revenue
231.73M
Gross Profit
231.05M
EBIT
61.39M
Net Tangible Assets
283.22M
Net Income
31.56M
Capital Expenditures
-22.55k

99L Income Statement 2020 Annual Report

As per the latest Income Statement of 99L, the Net revenue increased by ¥42.60M (23%) compared to the previous period. The operating income in 2020 increased by ¥39.37M (179%). The net income as per the annual report was 31.56M which increased by ¥18.44M (140%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue231.73M189.13M
Gross Profit231.05M187.96M
Operating Income61.39M22.02M
Income Before Tax46.51M16.75M
Net Income31.56M13.12M

Balance Sheet - 99L 2020 Annual Report

Read further: 99L Balance Sheet Detailed Analysis

The latest balance sheet from annual result of 99 Loyalty Limited showed the company increased the cash on balance sheet by ¥9.38M (9%). The Net tangible assets of 99L on the balance sheet were at 283.22M which is ¥35.72M (14%) more than previous annual report. The total stockholder equity also increased by ¥31.56M (10%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash117.51M108.13M
Total Assets703.26M 761.3M
Long Term Debt--
Total Liabilities350.54M 440.14M
Total Shareholder Equity352.72M321.16M
Net Tangible Assets283.22M247.5M

Cash Flow Statement - 99L 2020 Annual Report

The 2020 annual cash flow statement of 99 Loyalty Limited showed that the net income increased by ¥18.44M (140%) compared to previous reporting period. Also the capital expenditure of 99L increased by ¥2.98M (99%).

As of 2020, the total cash from investing activities was 49.83M and total cash from financing activities was -52.02M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income31.56M13.12M
Capital Expenditures-22.55k-3.01M
Dividends Paid--
Total Cash From From Investing Activities49.83M28.79M
Total Cash From From Financing Activities-52.02M-29.24M

99 Loyalty Limited Annual Report History

Income Statement

Income Statement history of 99 Loyalty Limited (ASX:99L)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue231.73M189.13M128.81M122.36M
Cost Of Revenue686.88k1.17M3.61M42.35M
Gross Profit231.05M187.96M125.2M80.01M
Research Development----
Selling General Administrative209.93M172.33M127.9M130.67M
Non Recurring----
Other Operating Expenses-40.56M-6.05M-6.75M-3.49M
Total Operating Expenses170.35M167.11M124.57M169.53M
Operating Income61.39M22.02M4.24M-47.17M
Total Other Income Expense Net-14.88M-5.28M-16.58M30.96M
Ebit61.39M22.02M4.24M-47.17M
Interest Expense-15.64M-13.96M-18.33M-8.33M
Income Before Tax46.51M16.75M-12.34M-16.21M
Income Tax Expense14.95M3.62M-3.17M825.63k
Minority Interest----
Net Income From Continuing Ops31.56M13.12M-9.17M-17.04M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income31.56M13.12M-9.17M-17.04M
Net Income Applicable To Common Shares31.56M13.12M-9.17M-17.04M

Balance Sheet Statement

Balance Sheet Statement history of 99 Loyalty Limited (ASX:99L)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash117.51M108.13M105.59M93.94M
Short Term Investments2.12M2.06M3.14M-
Net Receivables407.06M417.06M333.26M314.67M
Inventory153.61k325.31k1.1M6.33M
Other Current Assets89.38M136.45M116.39M124.99M
Total Current Assets616.22M664.03M559.48M539.93M
Property Plant Equipment16.37M9.64M3.33M5.38M
Good Will3.44M3.44M3.44M3.44M
Intangible Assets66.06M70.21M72.48M75.75M
Other Assets1.18M13.98M57.12M52.58M
Deferred Long Term Asset Charges1.18M13.98M17.12M12.58M
Total Assets703.26M761.3M695.85M677.07M
Accounts Payable31.68M52.35M32.85M6.67M
Short Long Term Debt821.73k1.72M5.96M5.34M
Other Current Liab184.16M233.57M188.1M153.72M
Other Liab6.87M7.18M7.49M7.79M
Total Current Liabilities335.5M431.98M374.51M347.26M
Total Liab350.54M440.14M385.32M356.56M
Common Stock313.68M313.68M313.68M313.68M
Retained Earnings41.54M9.98M-3.14M6.83M
Treasury Stock-2.5M-2.5M--
Other Stockholder Equity-2.5M-2.5M--
Total Stockholder Equity352.72M321.16M310.53M320.51M
Net Tangible Assets283.22M247.5M234.62M241.32M
Long Term Debt--3.31M1.5M

Cash Flow Statement

Cash Flow Statement history of 99 Loyalty Limited (ASX:99L)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income31.56M13.12M-9.17M-17.04M
Depreciation11.27M10.56M5.4M5.67M
Change To Netincome29.82M8.6M11.23M-28.85M
Change To Account Receivables15.28M-62.19M-29.41M-142.18M
Change To Liabilities-67.78M64.29M44.41M107.44M
Change To Inventory171.7k773.71k5.23M4.29M
Change To Operating Activities-18.32k-118.8k8.89k4.96k
Total Cash From Operating Activities21.66M36.17M28.71M-69.57M
Capital Expenditures-22.55k-3.01M-417.06k-1.55M
Other Cashflows From Investing Activities50M33.6M22.8M-46.4M
Total Cashflows From Investing Activities49.83M28.79M21.72M-66.37M
Net Borrowings-36.38M-13.25M-24.05M142.91M
Other Cashflows From Financing Activities-15.64M-15.99M-11.81M-7.9M
Total Cash From Financing Activities-52.02M-29.24M-35.86M135.02M
Effect Of Exchange Rate-83.75k421.21k-119.44k-554.93k
Change In Cash19.38M36.14M14.45M-1.48M
Dividends Paid----