Bank of Communications Co., Ltd. (HKEX:3328) Annual Report 2021



The latest annual report of Bank of Communications Co., Ltd. (3328) 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 - 3328 Annual Results

Amounts in CNY

Total Revenue
202.84B
Gross Profit
202.84B
EBIT
-
Net Tangible Assets
915.43B
Net Income
87.58B
Capital Expenditures
-22.95B

3328 Income Statement 2021 Annual Report

As per the latest Income Statement of 3328, the Net revenue increased by ¥18.875B (10%) compared to the previous period. The operating income in 2021 increased by ¥9.088B (11%). The net income as per the annual report was 87.58B which increased by ¥9.307B (12%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue202.84B183.96B
Gross Profit202.84B183.96B
Operating Income95.61B86.52B
Income Before Tax93.96B86.42B
Net Income87.58B78.27B

Balance Sheet - 3328 2021 Annual Report

Read further: 3328 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Bank of Communications Co., Ltd. showed the company reduced the cash on balance sheet by ¥-112.812B (-37%). The Net tangible assets of 3328 on the balance sheet were at 915.43B which is ¥97.779B (12%) more than previous annual report. The total stockholder equity also increased by ¥98.04B (12%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash194.31B307.12B
Total Assets11.67T 10.7T
Long Term Debt475.83B484.98B
Total Liabilities10.69T 9.82T
Total Shareholder Equity919.7B821.65B
Net Tangible Assets915.43B817.65B

Cash Flow Statement - 3328 2021 Annual Report

The 2021 annual cash flow statement of Bank of Communications Co., Ltd. showed that the net income increased by ¥9.307B (12%) compared to previous reporting period. Also the capital expenditure of 3328 increased by ¥1.202B (5%).

As of 2021, the total cash from investing activities was -75.55B and total cash from financing activities was 1.31B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income87.58B78.27B
Capital Expenditures-22.95B-24.15B
Dividends Paid-44.5B-40.84B
Total Cash From From Investing Activities-75.55B-94.59B
Total Cash From From Financing Activities1.31B88.28B

Bank of Communications Co., Ltd. Annual Report History

Income Statement

Income Statement history of Bank of Communications Co., Ltd. (HKEX:3328)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue202.84B183.96B179.91B169.48B
Cost Of Revenue----
Gross Profit202.84B183.96B179.91B169.48B
Research Development----
Selling General Administrative83.65B75.52B75.49B6.41B
Non Recurring----
Other Operating Expenses23.58B21.92B16.61B76.51B
Total Operating Expenses107.23B97.44B92.1B82.92B
Operating Income95.61B86.52B87.81B86.56B
Total Other Income Expense Net-1.93B-92M386M-492M
Ebit----
Interest Expense----
Income Before Tax93.96B86.42B88.2B86.07B
Income Tax Expense5.02B6.86B10.14B11.9B
Minority Interest12.59B12.02B7.67B6.9B
Net Income From Continuing Ops88.94B79.57B78.06B74.17B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income87.58B78.27B77.28B73.63B
Net Income Applicable To Common Shares81.97B73.88B74.61B71.01B

Balance Sheet Statement

Balance Sheet Statement history of Bank of Communications Co., Ltd. (HKEX:3328)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash194.31B307.12B167.74B243.49B
Short Term Investments357.71B235.29B428.14B740.73B
Net Receivables632.71B16.73B8.08B27.9B
Inventory1.03B967M759M824M
Other Current Assets730.21B713.77B735.93B725.1B
Total Current Assets1.96T1.79T1.77T2.15T
Long Term Investments2.88T2.75T2.6T2.45T
Property Plant Equipment177.97B176.14B177.7B153.29B
Good Will395M401M430M437M
Intangible Assets3.87B3.61B3.3B3.18B
Other Assets6.64T5.97T5.36T4.78T
Deferred Long Term Asset Charges32.06B27.99B24.07B21.98B
Total Assets11.67T10.7T9.91T9.53T
Accounts Payable8.95T8.09T7.44T7.18T
Short Long Term Debt812.47B798.24B896.44B25.13B
Other Current Liab54.6B70.14B61.88B2.36B
Long Term Debt475.83B484.98B356.32B1.19T
Other Liab183.61B133.47B99.06B129.86B
Deferred Long Term Liab721M599M714M692M
Minority Interest12.59B12.02B7.67B6.9B
Total Current Liabilities10T9.18T8.62T7.49T
Total Liab10.69T9.82T9.1T8.83T
Common Stock74.26B74.26B74.26B74.26B
Retained Earnings608.34B549.97B499.46B447.75B
Treasury Stock125.66B85.99B45.99B2.85B
Capital Surplus111.43B111.43B113.66B113.66B
Other Stockholder Equity125.66B85.99B45.99B2.85B
Total Stockholder Equity919.7B821.65B733.37B638.53B
Net Tangible Assets915.43B817.65B729.64B634.91B

Cash Flow Statement

Cash Flow Statement history of Bank of Communications Co., Ltd. (HKEX:3328)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income87.58B78.27B77.28B73.63B
Depreciation14.46B14.45B13.68B9.98B
Change To Netincome8.22B-6.95B-16.41B-38.39B
Change To Liabilities-3.47B-3.56B-1.77B-
Change To Operating Activities-141.95B66.85B-155.63B-249.93B
Total Cash From Operating Activities-34.77B149.4B-82.55B-292.78B
Capital Expenditures-22.95B-24.15B-32.38B-30.65B
Investments-146.06B-166.22B-139.35B-151.22B
Other Cashflows From Investing Activities89.49B91.03B86.97B81.67B
Total Cashflows From Investing Activities-75.55B-94.59B-81.81B-100.14B
Dividends Paid-44.5B-40.84B-34.63B-23.85B
Net Borrowings4.87B94.59B81.44B21.51B
Other Cashflows From Financing Activities-564M-162M-81M405.53B
Total Cash From Financing Activities1.31B88.28B86.73B403.19B
Effect Of Exchange Rate-3.79B-3.7B1.87B4.3B
Change In Cash-112.81B139.38B-75.76B14.57B
Repurchase Of Stock-29.15B-17.12B-17.12B-17.12B
Issuance Of Stock41.5B51.8B39.99B39.99B