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)

2021 2020
Total Revenue 242.24B 185.79B
Gross Profit 57.03B 55.82B
Operating Income 50.36B 51.11B
Income Before Tax 63.13B 69.2B
Net Income 40.16B 43.9B

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)

2021 2020
Cash 129.86B 107.66B
Total Assets 869.91B 823.66B
Long Term Debt 197.3B 170.72B
Total Liabilities 512.8B 495.31B
Total Shareholder Equity 343.56B 314.15B
Net Tangible Assets 343.5B 314.09B

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)

2021 2020
Net Income 40.16B 43.9B
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 Activities 14.43B 8.04B

China Overseas Land & Investment Limited Annual Report History

Income Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 242.24B 185.79B 163.65B 144.03B
Cost Of Revenue 185.21B 129.97B 108.57B 89.59B
Gross Profit 57.03B 55.82B 55.08B 54.43B
Research Development - - - -
Selling General Administrative 6.97B 6.14B 5.38B 4.69B
Non Recurring - - - -
Other Operating Expenses -298.11M -1.43B -626.44M -819.15M
Total Operating Expenses 191.89B 134.68B 113.32B 93.47B
Operating Income 50.36B 51.11B 50.33B 50.56B
Total Other Income Expense Net 12.77B 18.09B 14.62B 10.4B
Ebit 50.36B 51.11B 50.33B 50.56B
Interest Expense -865.93M -883.89M -759.3M -1.33B
Income Before Tax 63.13B 69.2B 64.95B 60.96B
Income Tax Expense 20.07B 21.49B 22.2B 21.73B
Minority Interest 13.55B 14.2B 8.54B 8.85B
Net Income From Continuing Ops 43.06B 47.71B 42.75B 39.23B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 40.16B 43.9B 41.62B 37.72B
Net Income Applicable To Common Shares 40.16B 43.9B 41.62B 37.72B

Balance Sheet Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 129.86B 107.66B 92.89B 84B
Net Receivables 29.94B 30.21B 24.57B 25.66B
Inventory 463.01B 471.49B 409.03B 359.76B
Other Current Assets 14B 17.92B 26.43B 21.42B
Total Current Assets 648.96B 636.25B 560.63B 495.59B
Long Term Investments 40.69B 33.31B 36.31B 23.32B
Property Plant Equipment 5.52B 5.01B 4.02B 3.2B
Good Will 56.4M 56.4M 56.4M 56.4M
Other Assets 174.68B 149.02B 122.88B 111.78B
Deferred Long Term Asset Charges 8.11B 7.69B 7.32B 5.15B
Total Assets 869.91B 823.66B 723.9B 633.95B
Accounts Payable 72.94B 64.61B 44.04B 36.63B
Short Long Term Debt 50.99B 51.12B 38.99B 32.99B
Other Current Liab 164.19B 184.13B 170.32B 144.14B
Long Term Debt 197.3B 170.72B 160.1B 145.93B
Other Liab 21.23B 20.2B 16.27B 13.66B
Minority Interest 13.55B 14.2B 8.54B 8.85B
Total Current Liabilities 293.9B 303.96B 258.25B 217.75B
Total Liab 512.8B 495.31B 434.75B 377.34B
Common Stock 74.03B 74.03B 74.03B 74.03B
Retained Earnings 280.62B 251.34B 217.45B 184.87B
Treasury Stock -11.09B -11.23B -10.88B -11.15B
Other Stockholder Equity -11.09B -11.23B -10.88B -11.15B
Total Stockholder Equity 343.56B 314.15B 280.6B 247.76B
Net Tangible Assets 343.5B 314.09B 280.55B 247.71B

Cash Flow Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 40.16B 43.9B 41.62B 37.72B
Depreciation 407.94M 370.85M 236.25M 182.93M
Change To Netincome -9.45B -12.17B -7.61B -211.94M
Change To Account Receivables 4.91B -4.05B -2.94B -4.36B
Change To Liabilities -17.34B 38.27B 26.82B 7.35B
Change To Inventory -1.01B -64.71B -44.59B -40.33B
Change To Operating Activities 4.89B 9.58B -3.63B -7.16B
Total Cash From Operating Activities 22.56B 11.2B 9.91B -6.8B
Capital Expenditures -226.13M -312.65M -124.69M -114.62M
Investments -6.94B 6.29B -1.93B -4.51B
Other Cashflows From Investing Activities 532.5M 1.75B 4.07B 1.56B
Total Cashflows From Investing Activities -14.47B -4.04B -2.6B -6.98B
Dividends Paid -10.73B -9.97B -9.07B -7.82B
Net Borrowings 33.8B 26.19B 19.03B 28.75B
Other Cashflows From Financing Activities -8.54B -8.14B -8.48B -6.5B
Total Cash From Financing Activities 14.43B 8.04B 1.48B 14.43B
Effect Of Exchange Rate -327.68M -422.69M 107.24M 791.75M
Change In Cash 22.2B 14.77B 8.9B 1.44B
Repurchase Of Stock -108.41M -51.52M -51.52M -51.52M