Hong Kong Exchanges and Clearing Limited (HKEX:0388) Annual Report 2021



The latest annual report of Hong Kong Exchanges and Clearing Limited (0388) 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 - 0388 Annual Results

Amounts in HKD

Total Revenue
20.78B
Gross Profit
20B
EBIT
15B
Net Tangible Assets
30.65B
Net Income
12.54B
Capital Expenditures
-1.07B

0388 Income Statement 2021 Annual Report

As per the latest Income Statement of 0388, the Net revenue increased by $1.726B (9%) compared to the previous period. The operating income in 2021 increased by $1.472B (11%). The net income as per the annual report was 12.54B which increased by $1.03B (9%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue20.78B19.05B
Gross Profit20B18.35B
Operating Income15B13.53B
Income Before Tax14.84B13.33B
Net Income12.54B11.51B

Balance Sheet - 0388 2021 Annual Report

Read further: 0388 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Hong Kong Exchanges and Clearing Limited showed the company increased the cash on balance sheet by $1.956B (19%). The Net tangible assets of 0388 on the balance sheet were at 30.65B which is $473.00M (2%) more than previous annual report. The total stockholder equity also increased by $708.00M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash12.4B10.44B
Total Assets399.3B 399.11B
Long Term Debt86M83M
Total Liabilities349.39B 349.87B
Total Shareholder Equity49.63B48.92B
Net Tangible Assets30.65B30.18B

Cash Flow Statement - 0388 2021 Annual Report

The 2021 annual cash flow statement of Hong Kong Exchanges and Clearing Limited showed that the net income increased by $1.03B (9%) compared to previous reporting period. Also the capital expenditure of 0388 increased by $281.00M (21%).

As of 2021, the total cash from investing activities was 2.28B and total cash from financing activities was -12.67B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income12.54B11.51B
Capital Expenditures-1.07B-1.35B
Dividends Paid-11.53B-6.98B
Total Cash From From Investing Activities2.28B-7.48B
Total Cash From From Financing Activities-12.67B-7.47B

Hong Kong Exchanges and Clearing Limited Annual Report History

Income Statement

Income Statement history of Hong Kong Exchanges and Clearing Limited (HKEX:0388)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue20.78B19.05B16.28B15.82B
Cost Of Revenue777M704M647M508M
Gross Profit20B18.35B15.63B15.31B
Research Development----
Selling General Administrative3.34B3.32B3.02B3.16B
Non Recurring----
Other Operating Expenses309M305M333M441M
Total Operating Expenses5.78B5.52B5.04B4.87B
Operating Income15B13.53B11.24B10.94B
Total Other Income Expense Net-158M-195M-288M-61M
Ebit15B13.53B11.24B10.94B
Interest Expense-100M-128M-125M-69M
Income Before Tax14.84B13.33B10.95B10.88B
Income Tax Expense2.34B1.84B1.56B1.59B
Minority Interest284M318M328M174M
Net Income From Continuing Ops12.5B11.49B9.39B9.29B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income12.54B11.51B9.39B9.31B
Net Income Applicable To Common Shares12.54B11.51B9.39B9.31B

Balance Sheet Statement

Balance Sheet Statement history of Hong Kong Exchanges and Clearing Limited (HKEX:0388)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash12.4B10.44B10.6B11.9B
Short Term Investments10.93B15.18B7.61B5.44B
Net Receivables32.66B47.11B25.81B18.13B
Other Current Assets310.61B295.79B202.47B193.24B
Total Current Assets375.09B375.71B255.22B235.8B
Long Term Investments1.72B779M1.49B461M
Property Plant Equipment3.5B3.85B3.96B1.62B
Good Will13.36B13.29B13.34B13.3B
Intangible Assets5.61B5.45B5.03B4.72B
Other Assets25M26M17M39M
Deferred Long Term Asset Charges25M26M17M19M
Total Assets399.3B399.11B279.05B255.95B
Accounts Payable27.17B40.99B21.47B17.47B
Short Long Term Debt340M340M338M1B
Other Current Liab317.4B303.49B208.25B194.66B
Long Term Debt86M83M80M161M
Other Liab1.57B1.4B1.29B1.25B
Minority Interest284M318M328M174M
Total Current Liabilities345.98B346.33B230.94B213.63B
Total Liab349.39B349.87B234.55B215.04B
Common Stock31.9B31.89B30.45B27.75B
Retained Earnings18.8B17.84B14.79B13.9B
Treasury Stock-1.07B-815M-1.07B-923M
Other Stockholder Equity-165M-330M-297M-241M
Total Stockholder Equity49.63B48.92B44.17B40.73B
Net Tangible Assets30.65B30.18B25.8B22.71B

Cash Flow Statement

Cash Flow Statement history of Hong Kong Exchanges and Clearing Limited (HKEX:0388)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income12.54B11.51B9.39B9.31B
Depreciation717M684M638M357M
Change To Netincome-1.56B2.19B-438M-306M
Change To Account Receivables15.39B-14.9B-5.48B-704M
Change To Liabilities----
Change To Operating Activities-15.38B14.77B5.54B416M
Total Cash From Operating Activities12.34B14.77B10.06B9.48B
Capital Expenditures-1.07B-1.35B-1.09B-860M
Investments3.31B-6.19B-2.53B-4.53B
Other Cashflows From Investing Activities38M56M97M60M
Total Cashflows From Investing Activities2.28B-7.48B-3.48B-5.33B
Dividends Paid-11.53B-6.98B-5.79B-5.43B
Net Borrowings-310M-284M-903M-781M
Other Cashflows From Financing Activities-151M-176M-181M-11M
Total Cash From Financing Activities-12.67B-7.47B-7.15B-6.52B
Effect Of Exchange Rate9M26M26M26M
Change In Cash1.96B-161M-577M-2.37B
Repurchase Of Stock-681M-31M-285M-300M