CLP Holdings Limited (HKEX:0002) Annual Report 2021



The latest annual report of CLP Holdings Limited (0002) was published on 31 Dec 2021. 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 - 0002 Annual Results

Amounts in HKD

Total Revenue
83.96B
Gross Profit
26.63B
EBIT
12.21B
Net Tangible Assets
97.21B
Net Income
8.63B
Capital Expenditures
-13.07B

0002 Income Statement 2021 Annual Report

As per the latest Income Statement of 0002, the Net revenue increased by $4.369B (5%) compared to the previous period. The operating income in 2021 decreased by $-2.505B (-17%). The net income as per the annual report was 8.63B which decreased by $-2.965B (-26%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 83.96B 79.59B
Gross Profit 26.63B 28.04B
Operating Income 12.21B 14.72B
Income Before Tax 11.44B 15.5B
Net Income 8.63B 11.59B

Balance Sheet - 0002 2021 Annual Report

Read further: 0002 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of CLP Holdings Limited showed the company reduced the cash on balance sheet by $-2.258B (-22%). The Net tangible assets of 0002 on the balance sheet were at 97.21B which is $1.683B (2%) more than previous annual report. The total stockholder equity also increased by $834.00M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 7.9B 10.16B
Total Assets 239.81B 234.23B
Long Term Debt 48.84B 47B
Total Liabilities 113.1B 108.26B
Total Shareholder Equity 116.92B 116.09B
Net Tangible Assets 97.21B 95.53B

Cash Flow Statement - 0002 2021 Annual Report

The 2021 annual cash flow statement of CLP Holdings Limited showed that the net income decreased by $-2.965B (-26%) compared to previous reporting period. Also the capital expenditure of 0002 decreased by $-2.157B (-20%).

As of 2021, the total cash from investing activities was -11.82B and total cash from financing activities was -8.48B.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 8.63B 11.59B
Capital Expenditures -13.07B -10.91B
Dividends Paid -7.83B -7.78B
Total Cash From From Investing Activities -11.82B -10.08B
Total Cash From From Financing Activities -8.48B -10.21B

CLP Holdings Limited Annual Report History

Income Statement

Income Statement history of CLP Holdings Limited (HKEX:0002)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 83.96B 79.59B 85.69B 91.42B
Cost Of Revenue 57.33B 51.55B 59.01B 60.81B
Gross Profit 26.63B 28.04B 26.68B 30.62B
Research Development - - - -
Selling General Administrative 5.11B 4.84B 4.54B 4.45B
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 71.75B 64.87B 71.66B 73.26B
Operating Income 12.21B 14.72B 14.03B 18.16B
Total Other Income Expense Net -772M 785M -5.49B 479M
Ebit 12.21B 14.72B 14.03B 18.16B
Interest Expense -1.38B -1.62B -1.74B -1.79B
Income Before Tax 11.44B 15.5B 8.54B 18.64B
Income Tax Expense 1.97B 2.99B 2.79B 4.01B
Minority Interest 9.79B 9.88B 9.99B 10.09B
Net Income From Continuing Ops 9.47B 12.51B 5.75B 14.63B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 8.63B 11.59B 4.87B 13.8B
Net Income Applicable To Common Shares 8.49B 11.46B 4.66B 13.55B

Balance Sheet Statement

Balance Sheet Statement history of CLP Holdings Limited (HKEX:0002)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 7.9B 10.16B 7.88B 7.37B
Short Term Investments 3.75B 3.75B 3.15B 8.76B
Net Receivables 13.42B 11.28B 11B 12.37B
Inventory 2.94B 2.87B 2.51B 2.84B
Other Current Assets 5.87B 5.33B 4.29B 4.17B
Total Current Assets 33.89B 33.39B 28.83B 35.5B
Long Term Investments 19.16B 20.04B 19B 17.51B
Property Plant Equipment 161.19B 155.51B 149.66B 141.31B
Good Will 14.49B 14.95B 14.13B 20.67B
Intangible Assets 5.22B 5.61B 5.98B 6.24B
Other Assets 5.87B 4.73B 4.02B 9.28B
Deferred Long Term Asset Charges 376M 571M 524M 835M
Total Assets 239.81B 234.23B 221.62B 230.51B
Accounts Payable 6.12B 6.08B 5.85B 6.65B
Short Long Term Debt 10.51B 8.75B 13.55B 13.54B
Other Current Liab 20.12B 19.94B 19.62B 19.9B
Long Term Debt 48.84B 47B 39.78B 43.09B
Other Liab 25.51B 24.06B 21.84B 20.8B
Deferred Long Term Liab 180M 154M 136M 217M
Minority Interest 9.79B 9.88B 9.99B 10.09B
Total Current Liabilities 37.8B 36.01B 40.46B 41.63B
Total Liab 113.1B 108.26B 102.29B 105.58B
Common Stock 23.24B 23.24B 23.24B 23.24B
Retained Earnings 92.51B 91.75B 88.08B 91.31B
Treasury Stock 1.17B 1.1B -1.98B 290M
Other Stockholder Equity 1.17B 1.1B -1.98B 290M
Total Stockholder Equity 116.92B 116.09B 109.34B 114.84B
Net Tangible Assets 97.21B 95.53B 89.23B 87.93B

Cash Flow Statement

Cash Flow Statement history of CLP Holdings Limited (HKEX:0002)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 8.63B 11.59B 4.87B 13.8B
Depreciation 9.31B 8.48B 8.12B 8.01B
Change To Netincome 40M 1.39B 8.73B -3.32B
Change To Account Receivables -2.35B -144M 341M -688M
Change To Liabilities 128M 535M -725M 361M
Change To Operating Activities 2.32B 522M 16M 954M
Total Cash From Operating Activities 18.08B 22.37B 21.34B 23.95B
Capital Expenditures -13.07B -10.91B -10.76B -10.59B
Investments 528M -1.28B 3.67B -466M
Other Cashflows From Investing Activities 1.46B 2.33B 2.12B 1.47B
Total Cashflows From Investing Activities -11.82B -10.08B -5.82B -11.26B
Dividends Paid -7.83B -7.78B -7.78B -7.5B
Net Borrowings 2.32B 213M -3.66B -2.46B
Other Cashflows From Financing Activities -2.97B -2.64B -3.5B -1.55B
Total Cash From Financing Activities -8.48B -10.21B -14.94B -11.51B
Effect Of Exchange Rate -30M 195M -61M -351M
Change In Cash -2.26B 2.28B 516M 836M