Bank of China Limited (HKEX:3988) Annual Report 2021



The latest annual report of Bank of China Limited (3988) 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 - 3988 Annual Results

Amounts in CNY

Total Revenue
502.99B
Gross Profit
502.99B
EBIT
-
Net Tangible Assets
2.08T
Net Income
216.56B
Capital Expenditures
-30.17B

3988 Income Statement 2021 Annual Report

As per the latest Income Statement of 3988, the Net revenue increased by ¥1.49B (0%) compared to the previous period. The operating income in 2021 increased by ¥1.49B (1%). The net income as per the annual report was 216.56B which increased by ¥0 (0%) compared to previous year.

Income Statement Report (2021/2021)

20212021
Total Revenue502.99B501.5B
Gross Profit502.99B501.5B
Operating Income276.63B275.14B
Income Before Tax276.62B276.62B
Net Income216.56B216.56B

Balance Sheet - 3988 2021 Annual Report

Read further: 3988 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Bank of China Limited showed the company increased the cash on balance sheet by ¥1185.954B (184%). The Net tangible assets of 3988 on the balance sheet were at 2.08T which is ¥-145.083B (-7%) less than previous annual report. The total stockholder equity also decreased by ¥-119.55B (-5%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2021)

20212021
Cash1.83T644.82B
Total Assets26.72T 26.72T
Long Term Debt1.55T5.46T
Total Liabilities24.37T 24.37T
Total Shareholder Equity2.11T2.23T
Net Tangible Assets2.08T2.23T

Cash Flow Statement - 3988 2021 Annual Report

The 2021 annual cash flow statement of Bank of China Limited showed that the net income increased by ¥0 (0%) compared to previous reporting period. Also the capital expenditure of 3988 increased by ¥0 (0%).

As of 2021, the total cash from investing activities was -395.56B and total cash from financing activities was 1.3T.

Cash Flow Statement Report (2021/2021)

20212021
Net Income216.56B216.56B
Capital Expenditures-30.17B-30.17B
Dividends Paid-70.22B-70.22B
Total Cash From From Investing Activities-395.56B-395.56B
Total Cash From From Financing Activities1.3T1.3T

Bank of China Limited Annual Report History

Income Statement

Income Statement history of Bank of China Limited (HKEX:3988)

31 Dec 202131 Mar 202131 Dec 202031 Mar 2020
Total Revenue502.99B501.5B450.76B448.63B
Cost Of Revenue----
Gross Profit502.99B501.5B450.76B448.63B
Research Development----
Selling General Administrative170.6B170.6B151.15B151.15B
Non Recurring----
Other Operating Expenses55.75B226.35B51.26B202.41B
Total Operating Expenses226.35B226.35B202.41B202.41B
Operating Income276.63B275.14B248.35B246.22B
Total Other Income Expense Net-12M1.48B-1.97B158M
Ebit----
Interest Expense----
Income Before Tax276.62B276.62B246.38B246.38B
Income Tax Expense49.28B49.28B41.28B41.28B
Minority Interest125.4B125.4B124.42B124.42B
Net Income From Continuing Ops227.34B227.34B205.1B205.1B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income216.56B216.56B192.87B192.87B
Net Income Applicable To Common Shares205.91B216.56B180.84B192.87B

Balance Sheet Statement

Balance Sheet Statement history of Bank of China Limited (HKEX:3988)

31 Dec 202131 Mar 202131 Dec 202031 Mar 2020
Cash1.83T644.82B1.45T803.14B
Short Term Investments567.5B1.26T577.45B939.32B
Net Receivables377.13B2.23T490.93B2.08T
Inventory2.04B-2.12B-
Other Current Assets1.79T276.26B1.7T223.31B
Total Current Assets5.2T4.5T4.87T4.21T
Long Term Investments5.84T6.38T5.31T5.79T
Property Plant Equipment266.41B246.09B271.44B248.59B
Good Will2.48B-2.52B-
Intangible Assets23.05B-22.14B-
Other Assets15.39T15.6T13.92T14.15T
Deferred Long Term Asset Charges51.17B51.17B58.92B58.92B
Total Assets26.72T26.72T24.4T24.4T
Accounts Payable17.92T18.14T16.94T16.88T
Short Long Term Debt1.49T-1.13T-
Other Current Liab125.69B57.46B152.52B73.58B
Long Term Debt1.55T5.46T1.2T4.49T
Other Liab493.75B621.26B452.85B587.82B
Deferred Long Term Liab3.33B-3.21B-
Minority Interest125.4B125.4B124.42B124.42B
Total Current Liabilities22.32T18.29T20.57T17.16T
Total Liab24.37T24.37T22.24T22.24T
Common Stock294.39B294.39B294.39B294.39B
Retained Earnings1.47T1.47T1.33T1.33T
Treasury Stock203.44B456.64B136.57B417.76B
Capital Surplus133.65B-133.68B-
Other Stockholder Equity203.44B456.64B136.57B417.77B
Total Stockholder Equity2.11T2.23T1.89T2.04T
Net Tangible Assets2.08T2.23T1.87T2.04T

Cash Flow Statement

Cash Flow Statement history of Bank of China Limited (HKEX:3988)

31 Dec 202131 Mar 202131 Dec 202031 Mar 2020
Net Income216.56B216.56B192.87B192.87B
Depreciation28.79B28.79B27.51B27.51B
Change To Netincome-9.61B-9.61B-12.01B-12.01B
Change To Liabilities----
Change To Operating Activities-619.28B-619.28B-1.18T-1.18T
Total Cash From Operating Activities-383.54B-383.54B-970.97B-970.97B
Capital Expenditures-30.17B-30.17B-39.62B-39.62B
Investments-525.02B-525.02B-122.98B-122.98B
Other Cashflows From Investing Activities152.47B152.47B153.02B153.02B
Total Cashflows From Investing Activities-395.56B-395.56B-17.07B-17.07B
Dividends Paid-70.22B-70.22B-65.95B-65.95B
Net Borrowings136.24B136.24B150.99B150.99B
Other Cashflows From Financing Activities1.19T1.19T1.01T1.01T
Total Cash From Financing Activities1.3T1.3T1.17T1.17T
Effect Of Exchange Rate-41.28B-41.28B-33.6B-33.6B
Change In Cash480.76B480.76B148.98B148.98B
Issuance Of Stock69.98B69.98B89.98B109.56B