Hang Seng Bank Limited (HKEX:0011) Annual Report 2021

The latest annual report of Hang Seng Bank Limited (0011) 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 - 0011 Annual Results

Amounts in HKD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

0011 Income Statement 2021 Annual Report

As per the latest Income Statement of 0011, the Net revenue decreased by $-685.00M (-2%) compared to the previous period. The operating income in 2021 decreased by $-1.439B (-8%). The net income as per the annual report was 13.96B which decreased by $-2.727B (-16%) compared to previous year.

Income Statement Report (2021/2020)

Total Revenue30.56B31.25B
Gross Profit30.56B31.25B
Operating Income16.9B18.34B
Income Before Tax16.39B19.41B
Net Income13.96B16.69B

Balance Sheet - 0011 2021 Annual Report

Read further: 0011 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Hang Seng Bank Limited showed the company reduced the cash on balance sheet by $-11.963B (-12%). The Net tangible assets of 0011 on the balance sheet were at 158.85B which is $479.00M (0%) more than previous annual report. The total stockholder equity also increased by $1.232B (1%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

Total Assets1.82T 1.76T
Long Term Debt28.29B23.86B
Total Liabilities1.64T 1.58T
Total Shareholder Equity184.33B183.1B
Net Tangible Assets158.85B158.37B

Cash Flow Statement - 0011 2021 Annual Report

The 2021 annual cash flow statement of Hang Seng Bank Limited showed that the net income decreased by $-2.727B (-16%) compared to previous reporting period. Also the capital expenditure of 0011 decreased by $-36.00M (-2%).

As of 2021, the total cash from investing activities was 24.57B and total cash from financing activities was 23.92B.

Cash Flow Statement Report (2021/2020)

Net Income13.96B16.69B
Capital Expenditures-2.15B-2.11B
Dividends Paid-12.37B-13.51B
Total Cash From From Investing Activities24.57B-52.7B
Total Cash From From Financing Activities23.92B47.13B

Hang Seng Bank Limited Annual Report History

Income Statement

Income Statement history of Hang Seng Bank Limited (HKEX:0011)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue30.56B31.25B37.12B38.9B
Cost Of Revenue----
Gross Profit30.56B31.25B37.12B38.9B
Research Development----
Selling General Administrative13.66B12.91B12.89B12.04B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses13.66B12.91B12.89B12.04B
Operating Income16.9B18.34B24.23B26.85B
Total Other Income Expense Net-516M1.07B4.59B1.58B
Interest Expense----
Income Before Tax16.39B19.41B28.81B28.43B
Income Tax Expense2.44B2.74B3.99B4.24B
Minority Interest84M95M107M25M
Net Income From Continuing Ops13.95B16.67B24.82B24.19B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income13.96B16.69B24.84B24.21B
Net Income Applicable To Common Shares13.26B15.99B24.42B23.86B

Balance Sheet Statement

Balance Sheet Statement history of Hang Seng Bank Limited (HKEX:0011)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Short Term Investments48.03B21.18B24.54B25.61B
Other Current Assets30.07B37.65B27.55B23.11B
Total Current Assets228.17B213.68B199.86B218.07B
Long Term Investments505.18B522.98B453.44B402.59B
Property Plant Equipment31.2B30.93B32.36B30.51B
Good Will329M329M329M329M
Intangible Assets25.16B24.4B21.62B16.42B
Other Assets1.03T967.47B969.37B903.38B
Total Assets1.82T1.76T1.68T1.57T
Accounts Payable1.34T1.31T1.25T1.19T
Short Long Term Debt15.79B5.65B--
Other Current Liab64.35B47.62B57.91B52.26B
Long Term Debt28.29B23.86B22.13B2.4B
Other Liab168.32B159.74B152.97B150.18B
Minority Interest84M95M107M25M
Total Current Liabilities1.44T1.39T1.32T1.26T
Total Liab1.64T1.58T1.5T1.41T
Common Stock9.66B9.66B9.66B9.66B
Retained Earnings140.1B137.58B133.73B123.35B
Treasury Stock34.57B35.86B35.42B29.07B
Other Stockholder Equity34.57B35.86B35.42B29.07B
Total Stockholder Equity184.33B183.1B178.81B162.08B
Net Tangible Assets158.85B158.37B156.86B145.33B

Cash Flow Statement

Cash Flow Statement history of Hang Seng Bank Limited (HKEX:0011)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income13.96B16.69B24.84B24.21B
Change To Netincome4.82B-15.54B-7.08B-666M
Change To Liabilities----
Change To Operating Activities-57.38B7.13B-54.92B-79.08B
Total Cash From Operating Activities-46.38B20.9B-35.22B-47.5B
Capital Expenditures-2.15B-2.11B-1.73B-892M
Other Cashflows From Investing Activities2M2M2M74M
Total Cashflows From Investing Activities24.57B-52.7B-40.01B-21.55B
Dividends Paid-12.37B-13.51B-15.26B-13.8B
Net Borrowings4.42B-596M18.95B18.95B
Other Cashflows From Financing Activities31.86B61.23B61.89B81.76B
Total Cash From Financing Activities23.92B47.13B70.27B67.96B
Effect Of Exchange Rate-591M1.59B-401M-1.49B
Change In Cash1.52B16.91B-5.36B-2.59B