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)

2021 2020
Total Revenue 10.33B 8.88B
Gross Profit 7.38B 6.39B
Operating Income 6.82B 5.91B
Income Before Tax 6.89B -863M
Net Income 3.87B -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)

2021 2020
Cash 8.39B 5.03B
Total Assets 224.24B 211.32B
Long Term Debt 37.62B 30.45B
Total Liabilities 71.85B 63.13B
Total Shareholder Equity 141.72B 138.29B
Net Tangible Assets 141.72B 138.29B

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)

2021 2020
Net Income 3.87B -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 Activities 1.98B 2.31B

Hang Lung Properties Limited Annual Report History

Income Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 10.33B 8.88B 8.86B 9.51B
Cost Of Revenue 2.95B 2.49B 2.37B 2.59B
Gross Profit 7.38B 6.39B 6.5B 6.92B
Research Development - - - -
Selling General Administrative 592M 531M 593M 637M
Non Recurring - - - -
Other Operating Expenses -37M -48M -6M 3M
Total Operating Expenses 3.5B 2.98B 2.95B 3.23B
Operating Income 6.82B 5.91B 5.91B 6.28B
Total Other Income Expense Net 64M -6.77B 8.9B 3.64B
Ebit 6.82B 5.91B 5.91B 6.28B
Interest Expense -426M -122M -2M -1.04B
Income Before Tax 6.89B -863M 14.81B 9.92B
Income Tax Expense 2.08B 1.19B 5.01B 1.27B
Minority Interest 10.66B 9.89B 9.14B 6.03B
Net Income From Continuing Ops 4.8B -2.06B 9.8B 8.65B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 3.87B -2.57B 6.17B 8.08B
Net Income Applicable To Common Shares 3.87B -2.57B 6.17B 8.08B

Balance Sheet Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 8.39B 5.03B 1.37B 6.7B
Net Receivables 3.19B 3.2B 2B 1.76B
Inventory 10.79B 7.99B 5.64B 2.44B
Other Current Assets 430M 1.65B 2.21B 4.19B
Total Current Assets 22.8B 17.88B 11.23B 15.1B
Long Term Investments 1.21B 1.24B 1.38B 1.42B
Property Plant Equipment 290M 253M 234M 216M
Other Assets 199.93B 191.95B 187.14B 169.72B
Deferred Long Term Asset Charges 77M 84M - -
Total Assets 224.24B 211.32B 199.98B 186.45B
Accounts Payable 4.81B 6.36B 4.81B 2.59B
Short Long Term Debt 8.08B 7.46B 2.69B 2.41B
Other Current Liab 5.98B 4.62B 4.31B 3.92B
Long Term Debt 37.62B 30.45B 26.98B 24.84B
Other Liab 14.43B 13.3B 12.46B 8.78B
Minority Interest 10.66B 9.89B 9.14B 6.03B
Total Current Liabilities 19.5B 19.07B 12.44B 8.95B
Total Liab 71.85B 63.13B 52.17B 42.86B
Common Stock 39.95B 39.92B 39.91B 39.91B
Retained Earnings 96.4B 95.8B 101.6B 98.76B
Treasury Stock 5.37B 2.58B -2.84B -1.12B
Other Stockholder Equity 5.37B 2.58B -2.84B -1.12B
Total Stockholder Equity 141.72B 138.29B 138.67B 137.56B
Net Tangible Assets 141.72B 138.29B 138.67B 137.56B

Cash Flow Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 3.87B -2.57B 6.17B 8.08B
Depreciation 61M 48M 50M 45M
Change To Netincome 1.55B 7.21B -1.07B -2.89B
Change To Account Receivables -243M -1.22B -248M -33M
Change To Liabilities - - - -
Change To Inventory -3.41B -318M 83M 370M
Change To Operating Activities 908M 257M 328M 164M
Total Cash From Operating Activities 2.73B 3.41B 5.32B 5.74B
Investments 1.18B 716M 1.87B 7.91B
Other Cashflows From Investing Activities 116M 189M 211M 497M
Total Cashflows From Investing Activities -1.42B -2.2B -9.96B -5.26B
Dividends Paid -3.46B -3.42B -3.37B -3.37B
Net Borrowings 7.3B 7.45B 2.68B 3.05B
Other Cashflows From Financing Activities -1.89B -1.73B -1.79B -1.6B
Total Cash From Financing Activities 1.98B 2.31B -2.48B -1.93B
Effect Of Exchange Rate 73M 139M -55M -370M
Change In Cash 3.36B 3.66B -7.18B -1.82B
Issuance Of Stock 29M 1M 1M 3M
Capital Expenditures - - - -