2021 Results in Brief

For the Year

• Profit attributable to shareholders

  13,960HK$m

  2020   16,687 HK$m
• Profit before tax

  16,385HK$m

  2020   19,414 HK$m
• Operating profit

  16,231HK$m

  2020   20,125 HK$m

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

  33,182HK$m

  2020   36,068 HK$m
• Return on average ordinary
  shareholders’ equity
   

  7.7%

  2020   9.6%
• Cost efficiency ratio
   
   

  42.6%

  2020   36.6%

• Earnings per share

  6.93HK$

  2020   8.36 HK$
• Dividends per share

  5.10HK$

  2020   5.50 HK$

At Year-end (at 31 December)

• Shareholders’ equity

  184,332HK$m

  2020   183,100 HK$m
• Total assets

  1,820,185HK$m

  2020   1,759,787 HK$m

Capital ratios

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

  15.9%

  2020   16.8%
• Tier 1 Capital Ratio
   

  17.5%

  2020   18.5%
• Total Capital Ratio
   

  18.9%

  2020   20.0%

Liquidity ratios

• Liquidity Coverage Ratio

  192.7%

  2020   230.4%
• Net Stable Funding Ratio

  147.4%

  2020   152.9%