China Overseas Land & Investment Limited (HKEX:0688) Annual Report 2021



The latest annual report of China Overseas Land & Investment Limited (0688) 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 - 0688 Annual Results

Amounts in CNY

Total Revenue
242.24B
Gross Profit
57.03B
EBIT
50.36B
Net Tangible Assets
343.5B
Net Income
40.16B
Capital Expenditures
-226.13M

0688 Income Statement 2021 Annual Report

As per the latest Income Statement of 0688, the Net revenue increased by ¥56.451255B (30%) compared to the previous period. The operating income in 2021 decreased by ¥-754.40M (-1%). The net income as per the annual report was 40.16B which decreased by ¥-3.748593B (-9%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue242.24B185.79B
Gross Profit57.03B55.82B
Operating Income50.36B51.11B
Income Before Tax63.13B69.2B
Net Income40.16B43.9B

Balance Sheet - 0688 2021 Annual Report

Read further: 0688 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of China Overseas Land & Investment Limited showed the company increased the cash on balance sheet by ¥22.197276B (21%). The Net tangible assets of 0688 on the balance sheet were at 343.5B which is ¥29.413644B (9%) more than previous annual report. The total stockholder equity also increased by ¥29.413644B (9%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash129.86B107.66B
Total Assets869.91B 823.66B
Long Term Debt197.3B170.72B
Total Liabilities512.8B 495.31B
Total Shareholder Equity343.56B314.15B
Net Tangible Assets343.5B314.09B

Cash Flow Statement - 0688 2021 Annual Report

The 2021 annual cash flow statement of China Overseas Land & Investment Limited showed that the net income decreased by ¥-3.748593B (-9%) compared to previous reporting period. Also the capital expenditure of 0688 increased by ¥86.53M (28%).

As of 2021, the total cash from investing activities was -14.47B and total cash from financing activities was 14.43B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income40.16B43.9B
Capital Expenditures-226.13M-312.65M
Dividends Paid-10.73B-9.97B
Total Cash From From Investing Activities-14.47B-4.04B
Total Cash From From Financing Activities14.43B8.04B

China Overseas Land & Investment Limited Annual Report History

Income Statement

Income Statement history of China Overseas Land & Investment Limited (HKEX:0688)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue242.24B185.79B163.65B144.03B
Cost Of Revenue185.21B129.97B108.57B89.59B
Gross Profit57.03B55.82B55.08B54.43B
Research Development----
Selling General Administrative6.97B6.14B5.38B4.69B
Non Recurring----
Other Operating Expenses-298.11M-1.43B-626.44M-819.15M
Total Operating Expenses191.89B134.68B113.32B93.47B
Operating Income50.36B51.11B50.33B50.56B
Total Other Income Expense Net12.77B18.09B14.62B10.4B
Ebit50.36B51.11B50.33B50.56B
Interest Expense-865.93M-883.89M-759.3M-1.33B
Income Before Tax63.13B69.2B64.95B60.96B
Income Tax Expense20.07B21.49B22.2B21.73B
Minority Interest13.55B14.2B8.54B8.85B
Net Income From Continuing Ops43.06B47.71B42.75B39.23B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income40.16B43.9B41.62B37.72B
Net Income Applicable To Common Shares40.16B43.9B41.62B37.72B

Balance Sheet Statement

Balance Sheet Statement history of China Overseas Land & Investment Limited (HKEX:0688)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash129.86B107.66B92.89B84B
Net Receivables29.94B30.21B24.57B25.66B
Inventory463.01B471.49B409.03B359.76B
Other Current Assets14B17.92B26.43B21.42B
Total Current Assets648.96B636.25B560.63B495.59B
Long Term Investments40.69B33.31B36.31B23.32B
Property Plant Equipment5.52B5.01B4.02B3.2B
Good Will56.4M56.4M56.4M56.4M
Other Assets174.68B149.02B122.88B111.78B
Deferred Long Term Asset Charges8.11B7.69B7.32B5.15B
Total Assets869.91B823.66B723.9B633.95B
Accounts Payable72.94B64.61B44.04B36.63B
Short Long Term Debt50.99B51.12B38.99B32.99B
Other Current Liab164.19B184.13B170.32B144.14B
Long Term Debt197.3B170.72B160.1B145.93B
Other Liab21.23B20.2B16.27B13.66B
Minority Interest13.55B14.2B8.54B8.85B
Total Current Liabilities293.9B303.96B258.25B217.75B
Total Liab512.8B495.31B434.75B377.34B
Common Stock74.03B74.03B74.03B74.03B
Retained Earnings280.62B251.34B217.45B184.87B
Treasury Stock-11.09B-11.23B-10.88B-11.15B
Other Stockholder Equity-11.09B-11.23B-10.88B-11.15B
Total Stockholder Equity343.56B314.15B280.6B247.76B
Net Tangible Assets343.5B314.09B280.55B247.71B

Cash Flow Statement

Cash Flow Statement history of China Overseas Land & Investment Limited (HKEX:0688)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income40.16B43.9B41.62B37.72B
Depreciation407.94M370.85M236.25M182.93M
Change To Netincome-9.45B-12.17B-7.61B-211.94M
Change To Account Receivables4.91B-4.05B-2.94B-4.36B
Change To Liabilities-17.34B38.27B26.82B7.35B
Change To Inventory-1.01B-64.71B-44.59B-40.33B
Change To Operating Activities4.89B9.58B-3.63B-7.16B
Total Cash From Operating Activities22.56B11.2B9.91B-6.8B
Capital Expenditures-226.13M-312.65M-124.69M-114.62M
Investments-6.94B6.29B-1.93B-4.51B
Other Cashflows From Investing Activities532.5M1.75B4.07B1.56B
Total Cashflows From Investing Activities-14.47B-4.04B-2.6B-6.98B
Dividends Paid-10.73B-9.97B-9.07B-7.82B
Net Borrowings33.8B26.19B19.03B28.75B
Other Cashflows From Financing Activities-8.54B-8.14B-8.48B-6.5B
Total Cash From Financing Activities14.43B8.04B1.48B14.43B
Effect Of Exchange Rate-327.68M-422.69M107.24M791.75M
Change In Cash22.2B14.77B8.9B1.44B
Repurchase Of Stock-108.41M-51.52M-51.52M-51.52M