Thursday, July 13, 2017

The 9 Largest Hong Kong Companies Reporting in Hong Kong $s 2016 Total Audited Earnings Decline 11% From 2015

From a review of the fine Google Finance Website and financial statements in company investor relations websites, I found 9 Companies headquartered in Hong Kong which filed their financial statements in Hong Kong $s and with stock market caps now of more than HK$250 bil, 1 Company headquartered in Hong Kong which filed its financial statements in Chinese Yuan (RMB) with stock market cap now of more than HK$250 bil and 2 Companies headquartered in Hong Kong which filed their financial statements in US$s with stock market caps now of more than HK$250 bil.  I excluded Companies included in my two most recent posts on China Companies.  I also excluded Companies where the information was not available on the web.
 
The Hong Kong Dollar is worth 12.8 cents US and the Chinese Yuan (RMB) is worth 14.74 cents US.

Below here are the reported Earnings (Losses) From Continuing Operations for each of  these 12 very large Hong Kong Companies for all years reported from 2007 to 2016:



2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

2016 Audited Audited Audited Audited Audited Audited Audited Audited Audited Audited
Most Net Net Net Net Net Net Net Net Net Net
Recent Profit Profit Profit Profit Profit Profit Profit Profit Profit Profit
Hong Kong Largest Companies FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)












Reporting in Hong Kong $s
 mil HKs   mil HKs   mil HKs   mil HKs   mil HKs   mil HKs   mil HKs   mil HKs   mil HKs   mil HKs 
China Overseas Land & Investment Ltd  Dec      37,021     34,643     28,683     24,837     19,125     15,464     12,671       7,469       5,049       4,180
CK Hutchison Holdings Ltd  Dec      33,008     38,189     18,944     35,260     32,036     45,957     26,750     20,304     12,721     29,171
CITIC Ltd  Dec      32,782     40,501     39,834     48,430       6,954       9,233       8,893       5,967   (12,734)     10,797
Sun Hung Kai Properties  June      32,666     31,082     33,520     40,329     43,080     48,097     30,039       9,984     29,475     22,924
BOC Hong Kong Holdings  Dec      24,830     24,289     22,455     23,075     21,547     20,813     16,690     14,251       3,007     15,817
Hang Seng Bank  Dec      16,212     27,494     15,131     26,678     19,426     16,885     14,917     13,138     14,099     18,482
MTR Corp Ltd (Mass Transit Railway)  Dec      10,348     13,138     15,797     13,208     13,514     15,688     12,844     10,101       8,035     16,584
Hong Kong Exchanges  Dec        5,769       7,956       5,165       4,552       4,084       5,093       5,037       4,704       5,129       6,169












Total all 9
  192,636   217,292   179,529   216,369   159,766   177,230   127,841     85,918     64,781   124,124
...2016 Total Earnings % Below 2015
-11%




















Reporting in Chinese Yuan
RMB mils RMB mils RMB mils RMB mils RMB mils RMB mils RMB mils RMB mils

Tencent Holdings Ltd  Dec      41,447     29,108     23,888     15,563     12,785     10,225 NA NA NA NA
...2016  Earnings % Above 2015
42%








...2015  Earnings % Above 2014
22%








...2014  Earnings % Above 2013
53%




















Reporting in US$s
 mil US$s   mil US$s   mil US$s   mil US$s   mil US$s   mil US$s   mil US$s   mil US$s   mil US$s   mil US$s 
AIA Group  Nov        4,164       2,765       3,450       2,824       3,019       1,600       2,701       1,754          408       1,914
Sands China Ltd  Dec        1,224       1,459       2,548       2,215       1,236       1,133          666          215          178          196