Hang Lung Properties Limited (HKEX:0101) Annual Report 2021



The latest annual report of Hang Lung Properties Limited (0101) 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 - 0101 Annual Results

Amounts in HKD

Total Revenue
10.33B
Gross Profit
7.38B
EBIT
6.82B
Net Tangible Assets
141.72B
Net Income
3.87B
Capital Expenditures
-

0101 Income Statement 2021 Annual Report

As per the latest Income Statement of 0101, the Net revenue increased by $1.444B (16%) compared to the previous period. The operating income in 2021 increased by $914.00M (15%). The net income as per the annual report was 3.87B which increased by $6.439B (250%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue10.33B8.88B
Gross Profit7.38B6.39B
Operating Income6.82B5.91B
Income Before Tax6.89B-863M
Net Income3.87B-2.57B

Balance Sheet - 0101 2021 Annual Report

Read further: 0101 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Hang Lung Properties Limited showed the company increased the cash on balance sheet by $3.357B (67%). The Net tangible assets of 0101 on the balance sheet were at 141.72B which is $3.424B (2%) more than previous annual report. The total stockholder equity also increased by $3.424B (2%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash8.39B5.03B
Total Assets224.24B 211.32B
Long Term Debt37.62B30.45B
Total Liabilities71.85B 63.13B
Total Shareholder Equity141.72B138.29B
Net Tangible Assets141.72B138.29B

Cash Flow Statement - 0101 2021 Annual Report

The 2021 annual cash flow statement of Hang Lung Properties Limited showed that the net income increased by $6.439B (250%) compared to previous reporting period. Also the capital expenditure of 0101 increased by $NaN (NaN%).

As of 2021, the total cash from investing activities was -1.42B and total cash from financing activities was 1.98B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income3.87B-2.57B
Capital Expenditures--
Dividends Paid-3.46B-3.42B
Total Cash From From Investing Activities-1.42B-2.2B
Total Cash From From Financing Activities1.98B2.31B

Hang Lung Properties Limited Annual Report History

Income Statement

Income Statement history of Hang Lung Properties Limited (HKEX:0101)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue10.33B8.88B8.86B9.51B
Cost Of Revenue2.95B2.49B2.37B2.59B
Gross Profit7.38B6.39B6.5B6.92B
Research Development----
Selling General Administrative592M531M593M637M
Non Recurring----
Other Operating Expenses-37M-48M-6M3M
Total Operating Expenses3.5B2.98B2.95B3.23B
Operating Income6.82B5.91B5.91B6.28B
Total Other Income Expense Net64M-6.77B8.9B3.64B
Ebit6.82B5.91B5.91B6.28B
Interest Expense-426M-122M-2M-1.04B
Income Before Tax6.89B-863M14.81B9.92B
Income Tax Expense2.08B1.19B5.01B1.27B
Minority Interest10.66B9.89B9.14B6.03B
Net Income From Continuing Ops4.8B-2.06B9.8B8.65B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income3.87B-2.57B6.17B8.08B
Net Income Applicable To Common Shares3.87B-2.57B6.17B8.08B

Balance Sheet Statement

Balance Sheet Statement history of Hang Lung Properties Limited (HKEX:0101)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash8.39B5.03B1.37B6.7B
Net Receivables3.19B3.2B2B1.76B
Inventory10.79B7.99B5.64B2.44B
Other Current Assets430M1.65B2.21B4.19B
Total Current Assets22.8B17.88B11.23B15.1B
Long Term Investments1.21B1.24B1.38B1.42B
Property Plant Equipment290M253M234M216M
Other Assets199.93B191.95B187.14B169.72B
Deferred Long Term Asset Charges77M84M--
Total Assets224.24B211.32B199.98B186.45B
Accounts Payable4.81B6.36B4.81B2.59B
Short Long Term Debt8.08B7.46B2.69B2.41B
Other Current Liab5.98B4.62B4.31B3.92B
Long Term Debt37.62B30.45B26.98B24.84B
Other Liab14.43B13.3B12.46B8.78B
Minority Interest10.66B9.89B9.14B6.03B
Total Current Liabilities19.5B19.07B12.44B8.95B
Total Liab71.85B63.13B52.17B42.86B
Common Stock39.95B39.92B39.91B39.91B
Retained Earnings96.4B95.8B101.6B98.76B
Treasury Stock5.37B2.58B-2.84B-1.12B
Other Stockholder Equity5.37B2.58B-2.84B-1.12B
Total Stockholder Equity141.72B138.29B138.67B137.56B
Net Tangible Assets141.72B138.29B138.67B137.56B

Cash Flow Statement

Cash Flow Statement history of Hang Lung Properties Limited (HKEX:0101)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income3.87B-2.57B6.17B8.08B
Depreciation61M48M50M45M
Change To Netincome1.55B7.21B-1.07B-2.89B
Change To Account Receivables-243M-1.22B-248M-33M
Change To Liabilities----
Change To Inventory-3.41B-318M83M370M
Change To Operating Activities908M257M328M164M
Total Cash From Operating Activities2.73B3.41B5.32B5.74B
Investments1.18B716M1.87B7.91B
Other Cashflows From Investing Activities116M189M211M497M
Total Cashflows From Investing Activities-1.42B-2.2B-9.96B-5.26B
Dividends Paid-3.46B-3.42B-3.37B-3.37B
Net Borrowings7.3B7.45B2.68B3.05B
Other Cashflows From Financing Activities-1.89B-1.73B-1.79B-1.6B
Total Cash From Financing Activities1.98B2.31B-2.48B-1.93B
Effect Of Exchange Rate73M139M-55M-370M
Change In Cash3.36B3.66B-7.18B-1.82B
Issuance Of Stock29M1M1M3M
Capital Expenditures----