Country Garden Holdings Company Limited (HKEX:2007) Annual Report 2021



The latest annual report of Country Garden Holdings Company Limited (2007) 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 - 2007 Annual Results

Amounts in CNY

Total Revenue
523.06B
Gross Profit
92.78B
EBIT
60.29B
Net Tangible Assets
197.37B
Net Income
26.8B
Capital Expenditures
-3.13B

2007 Income Statement 2021 Annual Report

As per the latest Income Statement of 2007, the Net revenue increased by ¥60.208B (13%) compared to the previous period. The operating income in 2021 decreased by ¥-9.924B (-14%). The net income as per the annual report was 26.8B which decreased by ¥-8.225B (-23%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue523.06B462.86B
Gross Profit92.78B100.91B
Operating Income60.29B70.21B
Income Before Tax68.95B85.53B
Net Income26.8B35.02B

Balance Sheet - 2007 2021 Annual Report

Read further: 2007 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Country Garden Holdings Company Limited showed the company reduced the cash on balance sheet by ¥-20.199B (-12%). The Net tangible assets of 2007 on the balance sheet were at 197.37B which is ¥23.687B (14%) more than previous annual report. The total stockholder equity also increased by ¥23.634B (13%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash146.95B167.15B
Total Assets1.95T 2.02T
Long Term Debt238.9B230.24B
Total Liabilities1.65T 1.76T
Total Shareholder Equity198.74B175.1B
Net Tangible Assets197.37B173.68B

Cash Flow Statement - 2007 2021 Annual Report

The 2021 annual cash flow statement of Country Garden Holdings Company Limited showed that the net income decreased by ¥-8.225B (-23%) compared to previous reporting period. Also the capital expenditure of 2007 decreased by ¥-128.00M (-4%).

As of 2021, the total cash from investing activities was -18.04B and total cash from financing activities was -12.9B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income26.8B35.02B
Capital Expenditures-3.13B-3B
Dividends Paid-2.93B-10.55B
Total Cash From From Investing Activities-18.04B-5.92B
Total Cash From From Financing Activities-12.9B-54.14B

Country Garden Holdings Company Limited Annual Report History

Income Statement

Income Statement history of Country Garden Holdings Company Limited (HKEX:2007)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue523.06B462.86B485.91B379.08B
Cost Of Revenue430.28B361.95B359.27B276.6B
Gross Profit92.78B100.91B126.64B102.48B
Research Development3.31B2.65B1.97B1.22B
Selling General Administrative28.83B27.67B33.9B29.13B
Non Recurring----
Other Operating Expenses-1.3B-1.07B-1.59B-2.42B
Total Operating Expenses462.78B392.65B393.55B304.54B
Operating Income60.29B70.21B92.36B74.54B
Total Other Income Expense Net8.66B15.32B6.58B5.02B
Ebit60.29B70.21B92.36B74.54B
Interest Expense----
Income Before Tax68.95B85.53B98.94B79.56B
Income Tax Expense27.97B31.41B37.74B31.02B
Minority Interest101.89B81.9B66.67B52.08B
Net Income From Continuing Ops40.98B54.12B61.2B48.54B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income26.8B35.02B39.55B34.62B
Net Income Applicable To Common Shares26.8B35.02B39.55B34.62B

Balance Sheet Statement

Balance Sheet Statement history of Country Garden Holdings Company Limited (HKEX:2007)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash146.95B167.15B248.99B228.34B
Net Receivables331.51B312.82B351.68B302.7B
Inventory1.06T1.1T867.86B680.1B
Other Current Assets157.07B160.43B155.05B176.59B
Total Current Assets1.71T1.74T1.63T1.4T
Long Term Investments82.73B67.43B55.4B48.45B
Property Plant Equipment32.08B31.2B28.69B23.42B
Intangible Assets1.37B1.42B745M3.17B
Other Assets118.24B173.6B190.81B154.9B
Deferred Long Term Asset Charges40.06B36.47B27.03B18.7B
Total Assets1.95T2.02T1.91T1.63T
Accounts Payable285.12B389.38B329.31B255.05B
Short Long Term Debt67.48B77.16B93B92.49B
Other Current Liab955.82B947.99B890.86B786.63B
Long Term Debt238.9B230.24B253.33B202.38B
Other Liab29.42B35.16B35.81B34.5B
Minority Interest101.89B81.9B66.67B52.08B
Total Current Liabilities1.38T1.49T1.4T1.22T
Total Liab1.65T1.76T1.69T1.46T
Common Stock2.16B2.07B2.05B2.03B
Retained Earnings162B143.85B120.75B92.46B
Treasury Stock-4.35B-2.5B-910M-1.36B
Capital Surplus38.93B31.69B30.05B28.2B
Other Stockholder Equity-2.05B-242M1.44B990M
Total Stockholder Equity198.74B175.1B151.94B121.33B
Net Tangible Assets197.37B173.68B151.19B118.16B

Cash Flow Statement

Cash Flow Statement history of Country Garden Holdings Company Limited (HKEX:2007)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income26.8B35.02B39.55B34.62B
Depreciation2.12B1.86B1.43B909M
Change To Netincome-20.12B-27.62B-11.47B-13.13B
Change To Account Receivables74.91B36.14B5.75B-96.78B
Change To Liabilities-193.3B14.22B82.83B287.59B
Change To Inventory138.35B-86.05B-100.08B-182.21B
Change To Operating Activities-18.17B4.58B-3.46B-1.76B
Total Cash From Operating Activities10.86B-21.63B14.67B29.38B
Capital Expenditures-3.13B-3B-2.69B-3.23B
Investments-19.58B-6.06B-10.59B-587M
Other Cashflows From Investing Activities4.71B4.06B1.1B2.43B
Total Cashflows From Investing Activities-18.04B-5.92B-19.09B-12.27B
Dividends Paid-2.93B-10.55B-9.47B-9.43B
Net Borrowings-13.59B-39.49B35.3B77.63B
Other Cashflows From Financing Activities3.62B-4.09B-386M2.25B
Total Cash From Financing Activities-12.9B-54.14B25.26B73.83B
Effect Of Exchange Rate-108M-148M-190M315M
Change In Cash-20.2B-81.83B20.64B91.26B