2019 RESULTS
IN BRIEF

For the Year

• Attributable profit to shareholders

  24,840HK$m

  2018   24,211 HK$m
• Profit before tax

  28,813HK$m

  2018   28,432 HK$m
• Operating profit

  28,610HK$m

  2018   27,947 HK$m

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

  43,514HK$m

  2018   41,215 HK$m
• Operating profit before change in
  expected credit losses and other
  credit impairment charges

  30,447HK$m

  2018   28,943 HK$m
• Return on average ordinary
  shareholders’ equity
  

  15.2%

  2018   16.0%

• Cost efficiency ratio

  30.0%

  2018   29.5%
• Earnings per share

  12.77HK$

  2018   12.48 HK$
• Dividends per share

  8.20HK$

  2018   7.50 HK$

At Year-end (31 December)

• Shareholders’ equity

  178,810HK$m

  2018   162,082 HK$m
• Total assets

  1,676,991HK$m

  2018   1,571,297 HK$m

Capital ratios

• Common Equity Tier 1 (“CET1”)
  Capital Ratio

  16.9%

  2018   16.6%
• Tier 1 Capital Ratio
  

  18.7%

  2018   17.8%
• Total Capital Ratio
  

  20.8%

  2018   20.2%

Liquidity ratios

• Liquidity Coverage Ratio

  205.9%

  2018   214.7%
• Net Stable Funding Ratio

  149.1%

  2018   154.0%