2020 Results in Brief

For the Year

• Profit attributable to shareholders

  16,687HK$m

  2019   24,840 HK$m
• Profit before tax

  19,414HK$m

  2019   28,813 HK$m
• Operating profit

  20,125HK$m

  2019   28,610 HK$m

• Net operating income before change
  in expected credit losses and other
  credit impairment charges

  36,068HK$m

  2019   43,514 HK$m
• Return on average ordinary
  shareholders’ equity
   

  9.6%

  2019   15.2%
• Cost efficiency ratio
   
   

  36.6%

  2019   30.0%

• Earnings per share

  8.36HK$

  2019   12.77 HK$
• Dividends per share

  5.50HK$

  2019   8.20 HK$

At Year-end (at 31 December)

• Shareholders’ equity

  183,100HK$m

  2019   178,810 HK$m
• Total assets

  1,759,787HK$m

  2019   1,676,991 HK$m

Capital ratios

• Common Equity Tier 1 ('CET1')
  Capital Ratio

  16.8%

  2019   16.9%
• Tier 1 Capital Ratio
   

  18.5%

  2019   18.7%
• Total Capital Ratio
   

  20.0%

  2019   20.8%

Liquidity ratios

• Liquidity Coverage Ratio

  230.4%

  2019   205.9%
• Net Stable Funding Ratio

  152.9%

  2019   149.1%