Financial Highlights

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  • Statement of Profit or Loss Highlights
  • Statement of Financial Position Highlights
    •  
    • Revenue
      (HK$m)
    • Gross profit
      (HK$m)
    • Net profit attributable to Shareholders
      (HK$m)
    • Adjusted cash profit(1)
      (HK$m)
    • Adjusted cash profit margin(2) (%)
    • Total dividend
      (HK cents)
    • FY2018
    • 5,831
       
    • 2,634
       
    • 1,567
       
       
       
    • 1,703
       
       
    • 29.2
       
    • 22.0
    • FY2019
    • 6,842
       
    • 2,610
       
    • 1,714
       
       
       
    • 1,389
       
       
    • 20.3
       
    • 22.0
    • FY2020
    • 7,451
       
    • 2,259
       
    • 366
       
       
       
    • 895
       
       
    • 12.0
       
    • 19.0
    • FY2021
    • 5,944
       
    • 1,841
       
    • 543
       
       
       
    • 630 
       
       
    • 10.6 
       
    • 19.0
    • FY2022
    • 5,896
       
    • 1,984
       
    • 1,300
       
       
       
    • 1,425 
       
       
    • 24.2 
       
    • 20.0

    (1) Adjusted cash profit represents the profit attributable to shareholders of the Company before (i) change in fair value of investment properties (after tax); (ii) change in fair value of financial assets at fair value through profit or loss; (iii) gain on disposal of debt instruments at FVTOCI; (iv) change in fair value of derivative financial instruments; (v) impairment loss under ECL model recognised on trade debtors; (vi) impairment loss under ECL model recognised on debt instruments at FVTOCI; and (vii) depreciation and impairment; and adjusted for minority interests. We do not believe the said items are reflective of our core cash profit from our operating performance during the periods presented.

    (2) Adjusted cash profit margin represents the adjusted cash profit (as defined above) which represents the profit attributable to shareholders of the Company before (i) change in fair value of investment properties (after tax); (ii) change in fair value of financial assets at fair value through profit or loss; (iii) gain on disposal of debt instruments at FVTOCI; (iv) change in fair value of derivative financial instruments; (v) impairment loss under ECL model recognized on trade debtors; (vi) impairment loss under ECL model recognised on debt instruments at FVTOCI; and (vii) depreciation and impairment; and adjusted for minority interests divided by the revenue. We do not believe the said items are reflective of our core cash profit margin from our operating performance during the periods presented.

    •  
    • Cash balance and investment securities
      (HK$m)
    • Current ratio
    • Net gearing ratio (%)
    • Adjusted total assets(1)
      (HK$m)
    • Adjusted net asset value attributable to Shareholders(1)
      (HK$m)
       
    • Adjusted net asset value per share(1)
      (HK$)
    • 31.3.2018
    • 8,111
       
       
       
    • 2.01
    • 28.7
       
    • 50,082
       
       
    • 28,564
       
       
       
       
    • 12.41
    • 31.3.2019
    • 7,070
       
       
       
    • 2.81
    • 45.4
       
    • 56,916
       
       
    • 31,251
       
       
       
       
    • 13.29
    • 31.3.2020
    • 6,067
       
       
       
    • 2.24
    • 56.7
       
    • 58,128
       
       
    • 27,467
       
       
       
       
    • 11.59
    • 31.3.2021
    • 8,569
       
       
       
    • 1.54
    • 54.9
       
    • 67,451
       
       
    • 31,347
       
       
       
       
    • 13.09
    • 31.3.2022
    • 9,936
       
       
       
    • 1.81
    • 57.9
       
    • 73,600
       
       
    • 33,428
       
       
       
       
    • 13.81

    (1) Includes hotel revaluation surplus based on independent valuation assessed as at 31.3.2022.