CK Infrastructure Holdings Limited (HKEX:1038) Annual Report 2021



The latest annual report of CK Infrastructure Holdings Limited (1038) 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 - 1038 Annual Results

Amounts in HKD

Total Revenue
7.45B
Gross Profit
3.19B
EBIT
2.82B
Net Tangible Assets
123.27B
Net Income
7.51B
Capital Expenditures
-363M

1038 Income Statement 2021 Annual Report

As per the latest Income Statement of 1038, the Net revenue decreased by $-169.00M (-2%) compared to the previous period. The operating income in 2021 decreased by $-787.00M (-22%). The net income as per the annual report was 7.51B which increased by $195.00M (3%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue7.45B7.62B
Gross Profit3.19B4B
Operating Income2.82B3.61B
Income Before Tax7.68B7.55B
Net Income7.51B7.32B

Balance Sheet - 1038 2021 Annual Report

Read further: 1038 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of CK Infrastructure Holdings Limited showed the company reduced the cash on balance sheet by $-5.392B (-40%). The Net tangible assets of 1038 on the balance sheet were at 123.27B which is $-269.00M (0%) less than previous annual report. The total stockholder equity also decreased by $-424.00M (0%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash8.09B13.48B
Total Assets163B 167.41B
Long Term Debt19.46B27.93B
Total Liabilities37.15B 41.15B
Total Shareholder Equity125.72B126.14B
Net Tangible Assets123.27B123.54B

Cash Flow Statement - 1038 2021 Annual Report

The 2021 annual cash flow statement of CK Infrastructure Holdings Limited showed that the net income increased by $195.00M (3%) compared to previous reporting period. Also the capital expenditure of 1038 decreased by $-160.00M (-79%).

As of 2021, the total cash from investing activities was 4.31B and total cash from financing activities was -12.76B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income7.51B7.32B
Capital Expenditures-363M-203M
Dividends Paid-6.82B-6.99B
Total Cash From From Investing Activities4.31B7B
Total Cash From From Financing Activities-12.76B-8.42B

CK Infrastructure Holdings Limited Annual Report History

Income Statement

Income Statement history of CK Infrastructure Holdings Limited (HKEX:1038)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue7.45B7.62B7.99B7.51B
Cost Of Revenue4.26B3.61B3.36B3.7B
Gross Profit3.19B4B4.62B3.82B
Research Development----
Selling General Administrative----
Non Recurring----
Other Operating Expenses----
Total Operating Expenses4.63B4.01B3.67B3.92B
Operating Income2.82B3.61B4.32B3.59B
Total Other Income Expense Net4.86B3.94B6.35B6.97B
Ebit2.82B3.61B4.32B3.59B
Interest Expense-383M-301M-695M-799M
Income Before Tax7.68B7.55B10.68B10.56B
Income Tax Expense161M188M129M105M
Minority Interest128M119M69M30M
Net Income From Continuing Ops7.52B7.36B10.55B10.46B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income7.51B7.32B10.51B10.44B
Net Income Applicable To Common Shares7.51B7.32B10.51B10.44B

Balance Sheet Statement

Balance Sheet Statement history of CK Infrastructure Holdings Limited (HKEX:1038)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash8.09B13.48B12.08B6.09B
Net Receivables311M257M263M274M
Inventory171M146M137M170M
Other Current Assets768M347M1.45B567M
Total Current Assets10.26B15.49B14.75B7.96B
Long Term Investments146.41B145.83B143.64B141.9B
Property Plant Equipment3.03B2.96B2.81B2.51B
Good Will907M948M881M905M
Intangible Assets1.54B1.65B1.6B1.65B
Other Assets855M528M1.51B2.84B
Deferred Long Term Asset Charges6M6M3M12M
Total Assets163B167.41B165.18B157.77B
Accounts Payable243M262M248M228M
Short Long Term Debt10.39B4.66B4.45B1.44B
Other Current Liab6B6.08B5.59B4.62B
Long Term Debt19.46B27.93B42B43.39B
Other Liab672M1.89B1.02B882M
Minority Interest128M119M69M30M
Total Current Liabilities16.66B11.02B10.3B6.29B
Total Liab37.15B41.15B53.51B50.57B
Common Stock2.52B2.65B2.65B2.65B
Retained Earnings101.11B97.69B98.89B93.93B
Treasury Stock-159M-5.56B-21.3B-20.77B
Capital Surplus22.25B31.36B31.36B31.36B
Other Stockholder Equity-159M3.69B-12.05B-11.52B
Total Stockholder Equity125.72B126.14B111.6B107.17B
Net Tangible Assets123.27B123.54B109.12B104.62B

Cash Flow Statement

Cash Flow Statement history of CK Infrastructure Holdings Limited (HKEX:1038)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income7.51B7.32B10.51B10.44B
Depreciation355M388M295M221M
Change To Netincome-4.77B-5.44B-7.33B-7.2B
Change To Account Receivables-133M-24M-168M-363M
Change To Liabilities87M487M388M508M
Change To Inventory-25M-9M33M33M
Change To Operating Activities15M99M-489M267M
Total Cash From Operating Activities3.06B2.83B3.24B3.88B
Capital Expenditures-363M-203M-363M-323M
Investments-1.52B1.16B2.21B-6.59B
Other Cashflows From Investing Activities6.16B6.04B5.68B10.13B
Total Cashflows From Investing Activities4.31B7B7.46B3.12B
Dividends Paid-6.82B-6.99B-6.92B-6.82B
Net Borrowings-1.22B-1.42B2.22B-3.3B
Other Cashflows From Financing Activities-44M-10M-9M-576M
Total Cash From Financing Activities-12.76B-8.42B-4.71B-10.69B
Change In Cash-5.39B1.4B5.99B-3.69B
Repurchase Of Stock-9.36B-9.36B-9.36B-9.36B
Issuance Of Stock4.68B4.68B4.68B4.68B