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)

2021 2020
Total Revenue 656.3B 562.37B
Gross Profit 653.09B 558.94B
Operating Income 379.54B 333.68B
Income Before Tax 378.41B 336.62B
Net Income 302.51B 271.05B

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)

2021 2020
Cash 805.6B 878.93B
Total Assets 30.25T 28.13T
Long Term Debt 783.84B 694.97B
Total Liabilities 27.64T 25.74T
Total Shareholder Equity 2.53T 2.3T
Net Tangible Assets 2.51T 2.28T

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)

2021 2020
Net Income 302.51B 271.05B
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 Activities 16.12B -89.96B

China Construction Bank Corporation Annual Report History

Income Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 656.3B 562.37B 542.63B 507.78B
Cost Of Revenue 3.21B 3.42B 3.39B 3B
Gross Profit 653.09B 558.94B 539.24B 504.78B
Research Development - - - -
Selling General Administrative 206.66B 175.88B 176.14B 164.21B
Non Recurring - - - -
Other Operating Expenses 66.89B 49.38B 35.62B 32.18B
Total Operating Expenses 276.75B 228.68B 215.15B 199.39B
Operating Income 379.54B 333.68B 327.48B 308.39B
Total Other Income Expense Net -1.13B 2.93B -878M -233M
Ebit - - - -
Interest Expense - - - -
Income Before Tax 378.41B 336.62B 326.6B 308.16B
Income Tax Expense 74.48B 63.04B 57.38B 52.53B
Minority Interest 25.89B 24.55B 18.87B 15.13B
Net Income From Continuing Ops 303.93B 273.58B 269.22B 255.63B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 302.51B 271.05B 266.73B 254.66B
Net Income Applicable To Common Shares 297.98B 265.43B 262.77B 250.72B

Balance Sheet Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 805.6B 878.93B 1.05T 860.7B
Short Term Investments 616.06B 913.73B 670.13B 678.55B
Net Receivables 23.72B 22.41B 18.63B 11.3B
Inventory 668M 797M 1.23B 1.95B
Other Current Assets 2.35T 2.46T 2.21T 2.23T
Total Current Assets 3.96T 4.51T 4.21T 4.05T
Long Term Investments 7.51T 6.77T 5.97T 5.48T
Property Plant Equipment 194.74B 198.49B 195.2B 169.57B
Good Will 2.14B 2.21B 2.81B 2.77B
Intangible Assets 19.49B 19.4B 19.24B 18B
Other Assets 18.57T 16.63T 15.04T 13.5T
Deferred Long Term Asset Charges 92.34B 92.95B 72.31B 58.73B
Total Assets 30.25T 28.13T 25.44T 23.22T
Accounts Payable 23.96T 22.28T 19.83T 18.34T
Short Long Term Debt 1.56T 1.43T 1.43T 1.02T
Other Current Liab 368.22B 466.45B 432.52B 517.7B
Long Term Debt 783.84B 694.97B 827.47B 765.87B
Other Liab 496.91B 426.55B 355.1B 309B
Deferred Long Term Liab 4.09B 3.93B 4.33B 6.43B
Minority Interest 25.89B 24.55B 18.87B 15.13B
Total Current Liabilities 26.34T 24.6T 22T 20.16T
Total Liab 27.64T 25.74T 23.2T 21.23T
Common Stock 250.01B 250.01B 250.01B 250.01B
Retained Earnings 2.08T 1.87T 1.68T 1.49T
Treasury Stock 61.33B 55.04B 71.98B 18.45B
Capital Surplus 134.93B 134.26B 134.54B 134.54B
Other Stockholder Equity 61.33B 55.04B 71.98B 18.45B
Total Stockholder Equity 2.53T 2.3T 2.14T 1.9T
Net Tangible Assets 2.51T 2.28T 2.11T 1.88T

Cash Flow Statement

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

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 302.51B 271.05B 266.73B 254.66B
Depreciation 25.41B 24.91B 22.98B 17.12B
Change To Netincome -66.11B 736M -20.33B -22.06B
Change To Liabilities -4.04B -16.21B -17.14B -18.15B
Change To Operating Activities 177.06B 298.93B 328.09B 211.45B
Total Cash From Operating Activities 436.72B 580.68B 581.29B 443.77B
Capital Expenditures -21.23B -25.74B -23.23B -20.78B
Investments -736.83B -826.4B -464.55B -354.66B
Other Cashflows From Investing Activities 236.57B 208.35B 192.87B 176.47B
Total Cashflows From Investing Activities -518.55B -642.16B -292.55B -197.72B
Dividends Paid -86.36B -85.63B -80.47B -76.81B
Net Borrowings 128.78B 38.86B -36.95B 117.2B
Other Cashflows From Financing Activities -26.29B -23.26B -24.42B -11.47B
Total Cash From Financing Activities 16.12B -89.96B -101.84B 28.92B
Effect Of Exchange Rate -7.62B -21.98B 4.74B 14.39B
Change In Cash -73.33B -173.41B 191.64B 289.36B