China Construction Bank Corporation (HKEX:0939) Annual Report 2021



The latest annual report of China Construction Bank Corporation (0939) 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 - 0939 Annual Results

Amounts in CNY

Total Revenue
656.3B
Gross Profit
653.09B
EBIT
-
Net Tangible Assets
2.51T
Net Income
302.51B
Capital Expenditures
-21.23B

0939 Income Statement 2021 Annual Report

As per the latest Income Statement of 0939, the Net revenue increased by ¥93.93B (17%) compared to the previous period. The operating income in 2021 increased by ¥45.858B (14%). The net income as per the annual report was 302.51B which increased by ¥31.463B (12%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue656.3B562.37B
Gross Profit653.09B558.94B
Operating Income379.54B333.68B
Income Before Tax378.41B336.62B
Net Income302.51B271.05B

Balance Sheet - 0939 2021 Annual Report

Read further: 0939 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of China Construction Bank Corporation showed the company reduced the cash on balance sheet by ¥-73.331B (-8%). The Net tangible assets of 0939 on the balance sheet were at 2.51T which is ¥223.401B (10%) more than previous annual report. The total stockholder equity also increased by ¥223.423B (10%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash805.6B878.93B
Total Assets30.25T 28.13T
Long Term Debt783.84B694.97B
Total Liabilities27.64T 25.74T
Total Shareholder Equity2.53T2.3T
Net Tangible Assets2.51T2.28T

Cash Flow Statement - 0939 2021 Annual Report

The 2021 annual cash flow statement of China Construction Bank Corporation showed that the net income increased by ¥31.463B (12%) compared to previous reporting period. Also the capital expenditure of 0939 increased by ¥4.508B (18%).

As of 2021, the total cash from investing activities was -518.55B and total cash from financing activities was 16.12B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income302.51B271.05B
Capital Expenditures-21.23B-25.74B
Dividends Paid-86.36B-85.63B
Total Cash From From Investing Activities-518.55B-642.16B
Total Cash From From Financing Activities16.12B-89.96B

China Construction Bank Corporation Annual Report History

Income Statement

Income Statement history of China Construction Bank Corporation (HKEX:0939)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue656.3B562.37B542.63B507.78B
Cost Of Revenue3.21B3.42B3.39B3B
Gross Profit653.09B558.94B539.24B504.78B
Research Development----
Selling General Administrative206.66B175.88B176.14B164.21B
Non Recurring----
Other Operating Expenses66.89B49.38B35.62B32.18B
Total Operating Expenses276.75B228.68B215.15B199.39B
Operating Income379.54B333.68B327.48B308.39B
Total Other Income Expense Net-1.13B2.93B-878M-233M
Ebit----
Interest Expense----
Income Before Tax378.41B336.62B326.6B308.16B
Income Tax Expense74.48B63.04B57.38B52.53B
Minority Interest25.89B24.55B18.87B15.13B
Net Income From Continuing Ops303.93B273.58B269.22B255.63B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income302.51B271.05B266.73B254.66B
Net Income Applicable To Common Shares297.98B265.43B262.77B250.72B

Balance Sheet Statement

Balance Sheet Statement history of China Construction Bank Corporation (HKEX:0939)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash805.6B878.93B1.05T860.7B
Short Term Investments616.06B913.73B670.13B678.55B
Net Receivables23.72B22.41B18.63B11.3B
Inventory668M797M1.23B1.95B
Other Current Assets2.35T2.46T2.21T2.23T
Total Current Assets3.96T4.51T4.21T4.05T
Long Term Investments7.51T6.77T5.97T5.48T
Property Plant Equipment194.74B198.49B195.2B169.57B
Good Will2.14B2.21B2.81B2.77B
Intangible Assets19.49B19.4B19.24B18B
Other Assets18.57T16.63T15.04T13.5T
Deferred Long Term Asset Charges92.34B92.95B72.31B58.73B
Total Assets30.25T28.13T25.44T23.22T
Accounts Payable23.96T22.28T19.83T18.34T
Short Long Term Debt1.56T1.43T1.43T1.02T
Other Current Liab368.22B466.45B432.52B517.7B
Long Term Debt783.84B694.97B827.47B765.87B
Other Liab496.91B426.55B355.1B309B
Deferred Long Term Liab4.09B3.93B4.33B6.43B
Minority Interest25.89B24.55B18.87B15.13B
Total Current Liabilities26.34T24.6T22T20.16T
Total Liab27.64T25.74T23.2T21.23T
Common Stock250.01B250.01B250.01B250.01B
Retained Earnings2.08T1.87T1.68T1.49T
Treasury Stock61.33B55.04B71.98B18.45B
Capital Surplus134.93B134.26B134.54B134.54B
Other Stockholder Equity61.33B55.04B71.98B18.45B
Total Stockholder Equity2.53T2.3T2.14T1.9T
Net Tangible Assets2.51T2.28T2.11T1.88T

Cash Flow Statement

Cash Flow Statement history of China Construction Bank Corporation (HKEX:0939)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income302.51B271.05B266.73B254.66B
Depreciation25.41B24.91B22.98B17.12B
Change To Netincome-66.11B736M-20.33B-22.06B
Change To Liabilities-4.04B-16.21B-17.14B-18.15B
Change To Operating Activities177.06B298.93B328.09B211.45B
Total Cash From Operating Activities436.72B580.68B581.29B443.77B
Capital Expenditures-21.23B-25.74B-23.23B-20.78B
Investments-736.83B-826.4B-464.55B-354.66B
Other Cashflows From Investing Activities236.57B208.35B192.87B176.47B
Total Cashflows From Investing Activities-518.55B-642.16B-292.55B-197.72B
Dividends Paid-86.36B-85.63B-80.47B-76.81B
Net Borrowings128.78B38.86B-36.95B117.2B
Other Cashflows From Financing Activities-26.29B-23.26B-24.42B-11.47B
Total Cash From Financing Activities16.12B-89.96B-101.84B28.92B
Effect Of Exchange Rate-7.62B-21.98B4.74B14.39B
Change In Cash-73.33B-173.41B191.64B289.36B