Sun Hung Kai Properties Limited (HKEX:0016) Annual Report 2021



The latest annual report of Sun Hung Kai Properties Limited (0016) was published on 30 Jun 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 - 0016 Annual Results

Amounts in HKD

Total Revenue
85.26B
Gross Profit
44.77B
EBIT
36.69B
Net Tangible Assets
589.55B
Net Income
26.75B
Capital Expenditures
-3.08B

0016 Income Statement 2021 Annual Report

As per the latest Income Statement of 0016, the Net revenue increased by $2.609B (3%) compared to the previous period. The operating income in 2021 increased by $1.704B (5%). The net income as per the annual report was 26.75B which increased by $3.062B (13%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue85.26B82.65B
Gross Profit44.77B42.14B
Operating Income36.69B34.98B
Income Before Tax36.68B30.51B
Net Income26.75B23.69B

Balance Sheet - 0016 2021 Annual Report

Read further: 0016 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Sun Hung Kai Properties Limited showed the company reduced the cash on balance sheet by $-9.626B (-31%). The Net tangible assets of 0016 on the balance sheet were at 589.55B which is $18.209B (3%) more than previous annual report. The total stockholder equity also increased by $18.194B (3%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash21.65B31.27B
Total Assets796.42B 797.83B
Long Term Debt95.95B86.23B
Total Liabilities196.79B 207.42B
Total Shareholder Equity593.82B575.63B
Net Tangible Assets589.55B571.34B

Cash Flow Statement - 0016 2021 Annual Report

The 2021 annual cash flow statement of Sun Hung Kai Properties Limited showed that the net income increased by $3.062B (13%) compared to previous reporting period. Also the capital expenditure of 0016 decreased by $-192.00M (-7%).

As of 2021, the total cash from investing activities was -9.56B and total cash from financing activities was -16.9B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income26.75B23.69B
Capital Expenditures-3.08B-2.89B
Dividends Paid-14.43B-14.51B
Total Cash From From Investing Activities-9.56B-47.7B
Total Cash From From Financing Activities-16.9B11.32B

Sun Hung Kai Properties Limited Annual Report History

Income Statement

Income Statement history of Sun Hung Kai Properties Limited (HKEX:0016)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue85.26B82.65B85.3B85.64B
Cost Of Revenue40.49B40.52B40.45B43.75B
Gross Profit44.77B42.14B44.85B41.89B
Research Development----
Selling General Administrative7.77B7.51B7.73B7.59B
Non Recurring----
Other Operating Expenses310M-357M-441M-432M
Total Operating Expenses48.58B47.67B47.74B50.91B
Operating Income36.69B34.98B37.56B34.73B
Total Other Income Expense Net-9M-4.47B16.92B24.63B
Ebit36.69B34.98B37.56B34.73B
Interest Expense-2.48B-2.53B-2.45B-1.99B
Income Before Tax36.68B30.51B54.48B59.36B
Income Tax Expense9.23B6.2B8.47B8.4B
Minority Interest5.81B14.79B5.6B5.45B
Net Income From Continuing Ops27.45B24.31B46.01B50.95B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income26.75B23.69B45.08B50.12B
Net Income Applicable To Common Shares26.69B23.52B44.91B49.95B

Balance Sheet Statement

Balance Sheet Statement history of Sun Hung Kai Properties Limited (HKEX:0016)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash21.65B31.27B21.62B23.22B
Short Term Investments668M642M860M3.09B
Net Receivables13.26B16.05B21.86B20.01B
Inventory201.3B196.52B196.46B177.81B
Other Current Assets5.12B38.57B953M354M
Total Current Assets242.83B283.66B242.41B225.12B
Long Term Investments104.71B81.39B77.06B75.15B
Property Plant Equipment42.92B40.83B35.86B34.59B
Good Will130M133M136M140M
Intangible Assets4.14B4.16B4.31B4.84B
Other Assets401.68B387.67B391.38B375.65B
Total Assets796.42B797.83B751.16B715.49B
Accounts Payable2.71B2.81B2.91B2.84B
Short Long Term Debt20.98B26.45B8.97B12.46B
Other Current Liab48.78B67.1B53.83B50.77B
Long Term Debt95.95B86.23B85.99B78.79B
Other Liab26.59B23.06B23.45B22.01B
Minority Interest5.81B14.79B5.6B5.45B
Total Current Liabilities73.2B97.34B65.9B66.25B
Total Liab196.79B207.42B175.34B167.05B
Common Stock70.7B70.7B70.68B70.61B
Retained Earnings517.72B505.19B495.85B464.56B
Treasury Stock5.4B-269M3.69B7.81B
Other Stockholder Equity5.4B-269M3.69B7.81B
Total Stockholder Equity593.82B575.63B570.22B542.99B
Net Tangible Assets589.55B571.34B565.77B538.01B

Cash Flow Statement

Cash Flow Statement history of Sun Hung Kai Properties Limited (HKEX:0016)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income26.75B23.69B45.08B50.12B
Depreciation3.48B3.38B2.16B2.01B
Change To Netincome-6.68B-4.23B-4B-3.69B
Change To Account Receivables-3.5B3.74B-2.21B-2.33B
Change To Liabilities-13.31B3.86B2.69B5.61B
Change To Inventory-4.28B4.42B-17.49B-29.7B
Change To Operating Activities1.23B-1.37B-1.37B-1.37B
Total Cash From Operating Activities15.66B46.5B19.75B7.37B
Capital Expenditures-3.08B-2.89B-7.84B-8.82B
Investments-1.12B-6.62B-253M325M
Total Cashflows From Investing Activities-9.56B-47.7B-12.84B-23.75B
Dividends Paid-14.43B-14.51B-13.79B-12.34B
Net Borrowings1.62B17.16B4.05B23.82B
Other Cashflows From Financing Activities-295M8.65B1.65B2.53B
Total Cash From Financing Activities-16.9B11.32B-8.07B14.07B
Effect Of Exchange Rate1.3B-402M-451M277M
Change In Cash-9.5B9.72B-1.6B-2.04B
Repurchase Of Stock-3.79B-3.79B-58M-20M