Shenzhou International Group Holdings Limited (HKEX:2313) Annual Report 2021



The latest annual report of Shenzhou International Group Holdings Limited (2313) 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 - 2313 Annual Results

Amounts in CNY

Total Revenue
23.85B
Gross Profit
5.79B
EBIT
3.58B
Net Tangible Assets
27.66B
Net Income
3.37B
Capital Expenditures
-2.18B

2313 Income Statement 2021 Annual Report

As per the latest Income Statement of 2313, the Net revenue increased by ¥814.36M (4%) compared to the previous period. The operating income in 2021 decreased by ¥-1.827676B (-34%). The net income as per the annual report was 3.37B which decreased by ¥-1.735034B (-34%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 23.85B 23.03B
Gross Profit 5.79B 7.19B
Operating Income 3.58B 5.41B
Income Before Tax 3.82B 5.51B
Net Income 3.37B 5.11B

Balance Sheet - 2313 2021 Annual Report

Read further: 2313 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Shenzhou International Group Holdings Limited showed the company reduced the cash on balance sheet by ¥-1.539437B (-19%). The Net tangible assets of 2313 on the balance sheet were at 27.66B which is ¥489.28M (2%) more than previous annual report. The total stockholder equity also increased by ¥494.52M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 6.69B 8.23B
Total Assets 42.13B 36.85B
Long Term Debt 376.51M 397.87M
Total Liabilities 14.35B 9.58B
Total Shareholder Equity 27.77B 27.28B
Net Tangible Assets 27.66B 27.17B

Cash Flow Statement - 2313 2021 Annual Report

The 2021 annual cash flow statement of Shenzhou International Group Holdings Limited showed that the net income decreased by ¥-1.735034B (-34%) compared to previous reporting period. Also the capital expenditure of 2313 increased by ¥126.59M (5%).

As of 2021, the total cash from investing activities was -6.41B and total cash from financing activities was 1.32B.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 3.37B 5.11B
Capital Expenditures -2.18B -2.31B
Dividends Paid -2.72B -2.58B
Total Cash From From Investing Activities -6.41B -2.56B
Total Cash From From Financing Activities 1.32B 33.59M

Shenzhou International Group Holdings Limited Annual Report History

Income Statement

Income Statement history of Shenzhou International Group Holdings Limited (HKEX:2313)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 23.85B 23.03B 22.67B 20.95B
Cost Of Revenue 18.06B 15.84B 15.79B 14.34B
Gross Profit 5.79B 7.19B 6.88B 6.61B
Research Development - - - -
Selling General Administrative 2.21B 1.79B 1.93B 2.16B
Non Recurring - - - -
Other Operating Expenses - - 20.99M 18.81M
Total Operating Expenses 20.27B 17.62B 17.72B 16.49B
Operating Income 3.58B 5.41B 4.95B 4.46B
Total Other Income Expense Net 243.82M 105.26M 626.17M 634.5M
Ebit 3.58B 5.41B 4.95B 4.46B
Interest Expense -144.04M -108.25M -89.18M -61.05M
Income Before Tax 3.82B 5.51B 5.57B 5.09B
Income Tax Expense 451.64M 429.78M 613.21M 597.8M
Minority Interest 12.48M -5.23M 18.88M 155.54M
Net Income From Continuing Ops 3.37B 5.08B 4.96B 4.49B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 3.37B 5.11B 5.1B 4.54B
Net Income Applicable To Common Shares 3.37B 5.11B 5.1B 4.54B

Balance Sheet Statement

Balance Sheet Statement history of Shenzhou International Group Holdings Limited (HKEX:2313)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 6.69B 8.23B 5.06B 3.57B
Short Term Investments 3.18B 2.99B 4.94B 4.63B
Net Receivables 3.92B 4.51B 3.88B 3.89B
Inventory 6.75B 5.07B 5.34B 5.35B
Other Current Assets 3.67B 333.39M 215.53M 706.08M
Total Current Assets 26.51B 23.55B 20.49B 18.14B
Long Term Investments 2.31B 1.43B 118.18M 12.37M
Property Plant Equipment 12.7B 11.75B 11.13B 8B
Intangible Assets 110.29M 105.05M 101.38M 99.67M
Other Assets 496.45M 15.45M 13.9M 1.3B
Deferred Long Term Asset Charges 165.43M 13.6M 12.05M 13.7M
Total Assets 42.13B 36.85B 31.85B 27.55B
Accounts Payable 1.39B 1.06B 880.94M 814.57M
Other Current Liab 604.17M 420.15M 589.33M 750.35M
Long Term Debt 376.51M 397.87M 776.41M 82.36M
Other Liab 333.03M 226.51M 179.19M 95.79M
Minority Interest 12.48M -5.23M 18.88M 155.54M
Total Current Liabilities 13.53B 8.85B 5.58B 4.92B
Total Liab 14.35B 9.58B 6.66B 5.1B
Common Stock 151.2M 151.2M 151.2M 151.2M
Retained Earnings 27.26B 26.61B 24.08B 20.17B
Treasury Stock 59.05M 218.72M 639.52M 458.27M
Capital Surplus 297.18M 297.18M 297.18M 1.51B
Other Stockholder Equity 59.05M 218.72M 639.52M 458.27M
Total Stockholder Equity 27.77B 27.28B 25.17B 22.3B
Net Tangible Assets 27.66B 27.17B 25.07B 22.2B

Cash Flow Statement

Cash Flow Statement history of Shenzhou International Group Holdings Limited (HKEX:2313)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 3.37B 5.11B 5.1B 4.54B
Depreciation 1.15B 1.05B 1.02B 845.13M
Change To Netincome -282.86M -429.2M -536.33M -100.79M
Change To Account Receivables 666.05M -518.79M -83.99M -750.04M
Change To Liabilities 326.7M 151.66M 77.94M -62.48M
Change To Inventory -1.82B 470.97M -44.97M -759.94M
Change To Operating Activities 180.81M -80.67M 65.86M 370.27M
Total Cash From Operating Activities 3.59B 5.75B 5.6B 4.12B
Capital Expenditures -2.18B -2.31B -2.54B -1.65B
Investments -950.61M -680.33M -1.44B 172.74M
Other Cashflows From Investing Activities -3.33B 161.15M 669.04M -8.54M
Total Cashflows From Investing Activities -6.41B -2.56B -3.15B -1.46B
Dividends Paid -2.72B -2.58B -2.4B -2.06B
Net Borrowings 4.04B 2.62B 1.41B 386.34M
Total Cash From Financing Activities 1.32B 33.59M -988.16M -1.67B
Effect Of Exchange Rate -43.77M -64.81M 31.08M 110.59M
Change In Cash -1.54B 3.17B 1.49B 1.09B