Geely Automobile Holdings Limited (HKEX:0175) Annual Report 2021



The latest annual report of Geely Automobile Holdings Limited (0175) 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 - 0175 Annual Results

Amounts in CNY

Total Revenue
101.61B
Gross Profit
17.41B
EBIT
1.84B
Net Tangible Assets
68.55B
Net Income
4.85B
Capital Expenditures
-2.83B

0175 Income Statement 2021 Annual Report

As per the latest Income Statement of 0175, the Net revenue increased by ¥9.497178B (10%) compared to the previous period. The operating income in 2021 decreased by ¥-2.084866B (-53%). The net income as per the annual report was 4.85B which decreased by ¥-686.34M (-12%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue101.61B92.11B
Gross Profit17.41B14.74B
Operating Income1.84B3.93B
Income Before Tax4.67B6.44B
Net Income4.85B5.53B

Balance Sheet - 0175 2021 Annual Report

Read further: 0175 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Geely Automobile Holdings Limited showed the company increased the cash on balance sheet by ¥9.037152B (48%). The Net tangible assets of 0175 on the balance sheet were at 68.55B which is ¥4.959645B (8%) more than previous annual report. The total stockholder equity also increased by ¥4.975032B (8%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash28.01B18.98B
Total Assets134.34B 110.82B
Long Term Debt1.9B3.91B
Total Liabilities64.12B 46.6B
Total Shareholder Equity68.61B63.63B
Net Tangible Assets68.55B63.59B

Cash Flow Statement - 0175 2021 Annual Report

The 2021 annual cash flow statement of Geely Automobile Holdings Limited showed that the net income decreased by ¥-686.34M (-12%) compared to previous reporting period. Also the capital expenditure of 0175 decreased by ¥-26.79M (-1%).

As of 2021, the total cash from investing activities was -7.16B and total cash from financing activities was 916.02M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income4.85B5.53B
Capital Expenditures-2.83B-2.81B
Dividends Paid-1.74B-2.26B
Total Cash From From Investing Activities-7.16B-5.43B
Total Cash From From Financing Activities916.02M3.76B

Geely Automobile Holdings Limited Annual Report History

Income Statement

Income Statement history of Geely Automobile Holdings Limited (HKEX:0175)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue101.61B92.11B97.4B106.6B
Cost Of Revenue84.2B77.38B80.48B85.08B
Gross Profit17.41B14.74B16.92B21.51B
Research Development----
Selling General Administrative15.44B10.8B9.42B8.32B
Non Recurring----
Other Operating Expenses----
Total Operating Expenses99.77B88.19B89.94B93.4B
Operating Income1.84B3.93B7.46B13.2B
Total Other Income Expense Net2.82B2.52B2.18B1.76B
Ebit1.84B3.93B7.46B13.2B
Interest Expense-264.83M-166.98M-127.58M-113.93M
Income Before Tax4.67B6.44B9.64B14.96B
Income Tax Expense312.17M866.35M1.37B2.28B
Minority Interest1.61B582.15M488.84M430.74M
Net Income From Continuing Ops4.35B5.57B8.26B12.67B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income4.85B5.53B8.19B12.55B
Net Income Applicable To Common Shares4.72B5.4B8.19B12.55B

Balance Sheet Statement

Balance Sheet Statement history of Geely Automobile Holdings Limited (HKEX:0175)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash28.01B18.98B19.28B15.74B
Net Receivables31.69B28.09B25.87B21.69B
Inventory5.52B3.69B4.82B4.1B
Other Current Assets70.8M174.42M40.39M1.26B
Total Current Assets65.3B50.93B50.01B42.79B
Long Term Investments10.56B9.69B8.84B6.32B
Property Plant Equipment30.86B26.57B27.07B23.42B
Good Will58.19M42.81M42.81M26.41M
Other Assets27.57B23.58B21.96B18.9B
Deferred Long Term Asset Charges2.44B970.01M865.61M642.96M
Total Assets134.34B110.82B107.93B91.46B
Accounts Payable32.11B30.23B33.76B27.28B
Short Long Term Debt1.91B---
Other Current Liab18.48B6.5B9.81B11.28B
Long Term Debt1.9B3.91B4.15B2.05B
Other Liab1.37B794.19M301.12M278.04M
Deferred Long Term Liab20.9B18.61B17.6B14.99B
Minority Interest1.61B582.15M488.84M430.74M
Total Current Liabilities60.35B41.89B48.53B43.76B
Total Liab64.12B46.6B53B46.09B
Common Stock183.01M179.67M167.73M164.47M
Retained Earnings49.38B46.27B42.98B37.58B
Treasury Stock1.84B3.4B3.7B510.77M
Capital Surplus17.21B13.78B7.59B6.69B
Other Stockholder Equity1.84B3.4B3.7B510.77M
Total Stockholder Equity68.61B63.63B54.44B44.94B
Net Tangible Assets68.55B63.59B54.39B44.92B

Cash Flow Statement

Cash Flow Statement history of Geely Automobile Holdings Limited (HKEX:0175)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income4.85B5.53B8.19B12.55B
Depreciation2.67B2.34B1.52B978.23M
Change To Netincome-1.55B-1.85B-1.36B-422.29M
Change To Account Receivables-2.94B-4.03B-3.77B11.66B
Change To Liabilities9.37B-4.65B6.45B-14.46B
Change To Inventory-1.27B1.1B-699.39M2.18B
Total Cash From Operating Activities15.35B1.6B12.54B13.93B
Capital Expenditures-2.83B-2.81B-2.87B-2.31B
Investments-391.75M-49.49M-1.85B-1.05B
Other Cashflows From Investing Activities1.63B160.99M118.62M30.59M
Total Cashflows From Investing Activities-7.16B-5.43B-10.79B-11.32B
Dividends Paid-1.74B-2.26B-2.81B-2.16B
Net Borrowings-90.25M-35.32M654.24M1.93B
Other Cashflows From Financing Activities2.71B-110.58M-150.43M-108.3M
Total Cash From Financing Activities916.02M3.76B1.76B-306.36M
Effect Of Exchange Rate-68.04M-231.88M34.06M22.5M
Change In Cash9.04B-304.37M3.54B2.32B
Issuance Of Stock30.73M6.17B4.07B35.61M