Balance Sheet China Overseas Land & Investment Ltd.

Equities

688 HK0688002218

Real Estate Development & Operations

Market Closed - Hong Kong S.E. Other stock markets 04:08:05 2024-09-13 EDT			5-day change	1st Jan Change
11.22 ^HKD	+0.72%		-2.09%	-18.46%

09-05	China Overseas Records Marginally Lower Contracted Property Sales in August	MT
09-04	Four Real Estate Firms Set to Launch Housing Projects in Hong Kong	MT

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Published financial data: CHINA OVERSEAS LAND & INVESTMENT LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	164B	186B	242B	180B	203B
Total Revenues	164B	186B	242B	180B	203B
Cost of Goods Sold, Total	109B	130B	185B	143B	161B
Gross Profit	55.08B	55.82B	57.03B	36.87B	41.15B
Selling General & Admin Expenses, Total	5.38B	6.14B	6.97B	6.52B	6.88B
Other Operating Expenses	-626M	-1.43B	-298M	785M	214M
Other Operating Expenses, Total	4.75B	4.71B	6.67B	7.31B	7.09B
Operating Income	50.33B	51.11B	50.36B	29.57B	34.06B
Interest Expense, Total	-759M	-884M	-866M	-1.06B	-1.03B
Interest And Investment Income	1.6B	1.82B	1.96B	2.32B	2.46B
Net Interest Expenses	838M	934M	1.09B	1.26B	1.43B
Income (Loss) On Equity Invest.	3.37B	4.86B	3.69B	2.18B	1.63B
Currency Exchange Gains (Loss)	173M	3.11B	2.46B	-4.28B	-1.07B
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	54.71B	60.01B	57.59B	28.72B	36.04B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	1.25B	141M
Gain (Loss) On Sale Of Assets	241M	1.85M	-	-	-
Asset Writedown	10B	9.19B	5.54B	4.8B	4.85B
Other Unusual Items	-	-	-	1.24B	89.07M
EBT, Incl. Unusual Items	64.95B	69.2B	63.13B	36.01B	41.12B
Income Tax Expense	22.2B	21.49B	20.07B	11.45B	14.07B
Earnings From Continuing Operations	42.75B	47.71B	43.06B	24.56B	27.05B
Net Income to Company	42.75B	47.71B	43.06B	24.56B	27.05B
Minority Interest	-1.13B	-3.8B	-2.91B	-1.29B	-1.44B
Net Income - (IS)	41.62B	43.9B	40.16B	23.26B	25.61B
Net Income to Common Incl Extra Items	41.62B	43.9B	40.16B	23.26B	25.61B
Net Income to Common Excl. Extra Items	41.62B	43.9B	40.16B	23.26B	25.61B
Per Share Items
Net EPS - Basic	3.8	4.01	3.67	2.13	2.34
Basic EPS - Continuing Operations	3.8	4.01	3.67	2.13	2.34
Basic Weighted Average Shares Outstanding	10.96B	10.96B	10.95B	10.94B	10.94B
Net EPS - Diluted	3.8	3.99	3.67	2.13	2.34
Diluted EPS - Continuing Operations	3.8	3.99	3.67	2.13	2.34
Diluted Weighted Average Shares Outstanding	10.96B	11.01B	10.95B	10.94B	10.94B
Normalized Basic EPS	3.02	3.08	3.02	1.52	1.93
Normalized Diluted EPS	3.02	3.06	3.02	1.52	1.93
Dividend Per Share	0.91	0.99	0.99	0.71	0.73
Payout Ratio	21.78	22.7	26.73	46.76	29.54
American Depositary Receipts Ratio (ADR)	5	5	5	5	5
Supplemental Items
EBITDA	50.46B	51.22B	50.44B	29.86B	34.31B
EBITA	50.33B	51.11B	50.36B	29.57B	34.06B
EBIT	50.33B	51.11B	50.36B	29.57B	34.06B
EBITDAR	-	51.36B	50.63B	29.96B	34.4B
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	34.19	31.06	31.79	31.8	34.23
Current Domestic Taxes	21.68B	18.65B	19.43B	10.03B	13.8B
Current Foreign Taxes	2.91M	6.64M	26.63M	20.67M	26.61M
Total Current Taxes	21.69B	18.66B	19.46B	10.05B	13.82B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	518M	2.83B	611M	1.4B	252M
Normalized Net Income	33.06B	33.7B	33.09B	16.66B	21.09B
Interest Capitalized	8.21B	7.66B	7.59B	9.29B	1.03B
Interest on Long-Term Debt	8.22B	26.06M	25.46M	49.49M	39.47M
Supplemental Operating Expense Items
Selling and Marketing Expenses	2.65B	3.51B	3.78B	3.92B	4.26B
General and Administrative Expenses	2.73B	2.63B	3.19B	2.6B	2.61B
Net Rental Expense, Total	-	141M	197M	93.26M	94.53M
Imputed Operating Lease Interest Expense	-	44.59M	55.78M	28.89M	5.75M
Imputed Operating Lease Depreciation	-	96.03M	141M	64.36M	88.78M
Stock-Based Comp., Other (Total)	220M	20.96M	116M	-129M	-
Total Stock-Based Compensation	220M	20.96M	116M	-129M	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	92.89B	108B	130B	110B	105B
Total Cash And Short Term Investments	92.89B	108B	130B	110B	105B
Accounts Receivable, Total	9.4B	11.91B	6.72B	5.31B	4.42B
Other Receivables	12.22B	15.94B	15.17B	15.01B	12.8B
Notes Receivable	2.95B	2.36B	8.06B	5.04B	4.61B
Total Receivables	24.57B	30.21B	29.94B	25.35B	21.84B
Inventory	409B	471B	463B	500B	496B
Prepaid Expenses	7.72B	8.96B	12.14B	15.95B	17.69B
Restricted Cash	2.55B	2.8B	1.09B	597M	285M
Other Current Assets, Total	23.87B	15.12B	12.91B	12.52B	13.25B
Total Current Assets	561B	636B	649B	664B	655B
Gross Property Plant And Equipment	5.81B	7.04B	7.64B	9.74B	9.34B
Accumulated Depreciation	-1.79B	-2.03B	-2.12B	-2.66B	-2.44B
Net Property Plant And Equipment	4.02B	5.01B	5.52B	7.09B	6.9B
Long-term Investments	36.31B	33.31B	40.69B	43.63B	46.52B
Goodwill	56.4M	56.4M	56.4M	56.4M	56.4M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	7.32B	7.69B	8.11B	7.56B	7.51B
Other Long-Term Assets, Total	116B	141B	167B	191B	208B
Total Assets	724B	824B	870B	913B	924B
Liabilities
Accounts Payable, Total	44.04B	64.61B	72.94B	62.47B	68.82B
Accrued Expenses, Total	559M	125M	2.26B	-	-
Short-term Borrowings	4.26B	4.81B	3.26B	1.38B	568M
Current Portion of Long-Term Debt	38.99B	51.12B	50.99B	48.82B	42.39B
Current Portion of Leases	72.04M	263M	261M	133M	94.23M
Current Income Taxes Payable	38.67B	38.12B	39.17B	31.95B	30.87B
Unearned Revenue Current, Total	97.94B	121B	100B	108B	109B
Other Current Liabilities	33.71B	23.8B	24.56B	28.72B	34.34B
Total Current Liabilities	258B	304B	294B	281B	286B
Long-Term Debt	160B	171B	197B	231B	217B
Long-Term Leases	136M	429M	371M	1.02B	960M
Deferred Tax Liability Non Current	16.19B	20.2B	21.23B	26.95B	27.34B
Other Non Current Liabilities	79.71M	-	-	-	-
Total Liabilities	435B	495B	513B	540B	531B
Common Stock, Total	74.03B	74.03B	74.03B	74.04B	74.04B
Retained Earnings	217B	251B	281B	293B	312B
Comprehensive Income and Other	-10.88B	-11.23B	-11.09B	-12.67B	-12.95B
Total Common Equity	281B	314B	344B	354B	373B
Minority Interest	8.54B	14.2B	13.55B	18.62B	19.89B
Total Equity	289B	328B	357B	373B	393B
Total Liabilities And Equity	724B	824B	870B	913B	924B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	10.96B	10.95B	10.94B	10.94B	10.94B
ECS Total Common Shares Outstanding	10.96B	10.95B	10.94B	10.94B	10.94B
Book Value / Share	25.61	28.68	31.39	32.39	34.08
Tangible Book Value	281B	314B	344B	354B	373B
Tangible Book Value Per Share	25.61	28.68	31.39	32.38	34.08
Total Debt	204B	227B	252B	282B	261B
Net Debt	111B	120B	122B	173B	155B
Debt Equivalent Oper. Leases	-	1.13B	1.58B	746M	756M
Minority Interest, Total (Incl. Fin. Div)	8.54B	14.2B	13.55B	18.62B	19.89B
Equity Method Investments, Total	36.31B	33.31B	40.57B	43.41B	46.3B
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Work In Process, Total	356B	414B	379B	394B	344B
Inventories - Finished Goods, Total	53.23B	56.92B	83.7B	106B	152B
Inventories - Others	150M	155M	165M	164M	153M
Land - (BS)	-	-	-	-	-
Buildings, Total	2B	1.98B	2.52B	4.97B	5.04B
Machinery, Total	989M	910M	1.1B	1.36B	1.47B
Full Time Employees	6.2K	6.13K	5.69K	4.35K	3.65K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	41.62B	43.9B	40.16B	23.26B	25.61B
Depreciation & Amortization - CF	236M	371M	408M	667M	405M
Depreciation & Amortization, Total	236M	371M	408M	667M	405M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-241M	-1.85M	-32.37M	94.56M	-31.11M
(Gain) Loss on Sale of Investments - (CF)	-59.57M	-	-	-1.25B	-141M
Asset Writedown & Restructuring Costs	-10B	-9.19B	-5.54B	-4.8B	-4.85B
(Income) Loss On Equity Investments - (CF)	-3.37B	-4.86B	-3.69B	-2.18B	-1.63B
Stock-Based Compensation (CF)	220M	20.96M	116M	-129M	-
Other Operating Activities, Total	5.84B	357M	-311M	-3.25B	384M
Change In Accounts Receivable	-2.94B	-4.05B	4.91B	983M	-64.57M
Change In Inventories	-44.59B	-64.71B	-1.01B	-7.62B	15.4B
Change In Accounts Payable	26.82B	38.27B	-17.34B	-17.81B	78.38M
Change in Other Net Operating Assets	-3.63B	9.58B	4.89B	1.52B	108M
Cash from Operations	9.91B	9.7B	22.56B	-10.52B	35.28B
Capital Expenditure	-125M	-313M	-226M	-649M	-205M
Sale of Property, Plant, and Equipment	40.31M	81.8M	92.39M	40.32M	50.88M
Cash Acquisitions	-	-	-	-3.76B	19.48M
Divestitures	-	-	864M	-	-
Sale (Purchase) of Real Estate properties	-4.66B	-11.86B	-8.79B	-5.57B	-5.92B
Investment in Marketable and Equity Securities, Total	-1.93B	6.29B	-6.94B	1.68B	1.11B
Other Investing Activities, Total	4.07B	3.25B	533M	113M	174M
Cash from Investing	-2.6B	-2.54B	-14.47B	-8.14B	-4.77B
Short Term Debt Issued, Total	3.51B	3.25B	5.39B	1.15B	2.87B
Long-Term Debt Issued, Total	63B	67.62B	89.9B	99.84B	83.18B
Total Debt Issued	66.52B	70.88B	95.28B	101B	86.06B
Short Term Debt Repaid, Total	-3.68B	-2.56B	-595M	-2.43B	-1.78B
Long-Term Debt Repaid, Total	-43.81B	-42.13B	-60.88B	-80.24B	-104B
Total Debt Repaid	-47.49B	-44.69B	-61.48B	-82.67B	-106B
Issuance of Common Stock	-	-	-	1.46M	-
Repurchase of Common Stock	-	-51.52M	-108M	-	-
Common Dividends Paid	-9.07B	-9.97B	-10.73B	-10.88B	-7.57B
Common & Preferred Stock Dividends Paid	-9.07B	-9.97B	-10.73B	-10.88B	-7.57B
Other Financing Activities, Total	-8.48B	-8.14B	-8.54B	-9.51B	-7.6B
Cash from Financing	1.48B	8.04B	14.43B	-2.07B	-35.02B
Foreign Exchange Rate Adjustments	107M	-423M	-328M	578M	145M
Net Change in Cash	8.9B	14.77B	22.2B	-20.15B	-4.36B
Supplemental Items
Cash Interest Paid	7.82B	8.18B	7.96B	9.19B	9.92B
Cash Income Tax Paid (Refund)	16.48B	20.9B	21.51B	22.58B	17.07B
Levered Free Cash Flow	8.71B	3.76B	31.25B	-26.46B	38.05B
Unlevered Free Cash Flow	9.18B	4.31B	31.79B	-25.8B	38.7B
Change In Net Working Capital	22.61B	27.71B	-16.73M	44.16B	-17.21B
Net Debt Issued / Repaid	19.03B	26.19B	33.8B	18.32B	-19.85B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.63	4.13	3.72	2.07	2.32
Return on Total Capital	6.75	6.09	5.41	2.92	3.25
Return On Equity %	15.67	15.45	12.56	6.73	7.06
Return on Common Equity	15.75	14.76	12.21	6.67	7.04
Margin Analysis
Gross Profit Margin %	33.66	30.05	23.54	20.45	20.32
SG&A Margin	3.28	3.31	2.88	3.62	3.4
EBITDA Margin %	30.83	27.57	20.82	16.56	16.94
EBITA Margin %	30.75	27.51	20.79	16.4	16.82
EBIT Margin %	30.75	27.51	20.79	16.4	16.82
Income From Continuing Operations Margin %	26.12	25.68	17.78	13.62	13.35
Net Income Margin %	25.43	23.63	16.58	12.9	12.65
Net Avail. For Common Margin %	25.43	23.63	16.58	12.9	12.65
Normalized Net Income Margin	20.2	18.14	13.66	9.24	10.41
Levered Free Cash Flow Margin	5.32	2.02	12.9	-14.67	18.79
Unlevered Free Cash Flow Margin	5.61	2.32	13.12	-14.31	19.11
Asset Turnover
Asset Turnover