[HONGSENG] QoQ Annualized Quarter Result on 31-Dec-2007 [#4]

Announcement Date
28-Feb-2008
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2007
Quarter
31-Dec-2007 [#4]
Profit Trend
QoQ- 6.19%
YoY- 28.55%
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Annualized Quarter Result
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Revenue 22,862 22,352 17,896 20,852 19,520 18,634 15,324 30.47%
PBT 7,284 7,332 5,508 6,897 6,672 6,524 4,420 39.39%
Tax -722 -746 -660 -476 -625 -490 -332 67.61%
NP 6,561 6,586 4,848 6,421 6,046 6,034 4,088 36.96%
-
NP to SH 6,561 6,586 4,848 6,421 6,046 6,034 4,088 36.96%
-
Tax Rate 9.91% 10.17% 11.98% 6.90% 9.37% 7.51% 7.51% -
Total Cost 16,301 15,766 13,048 14,431 13,473 12,600 11,236 28.06%
-
Net Worth 30,148 23,050 26,381 24,688 32,752 31,146 29,087 2.41%
Dividend
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Div - - - - 13,173 - - -
Div Payout % - - - - 217.86% - - -
Equity
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Net Worth 30,148 23,050 26,381 24,688 32,752 31,146 29,087 2.41%
NOSH 151,882 122,873 100,999 99,030 98,801 98,594 98,269 33.57%
Ratio Analysis
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
NP Margin 28.70% 29.46% 27.09% 30.79% 30.98% 32.38% 26.68% -
ROE 21.76% 28.57% 18.38% 26.01% 18.46% 19.37% 14.05% -
Per Share
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
RPS 15.05 18.19 17.72 21.06 19.76 18.90 15.59 -2.31%
EPS 4.32 5.36 4.80 4.32 6.12 6.12 4.16 2.54%
DPS 0.00 0.00 0.00 0.00 13.33 0.00 0.00 -
NAPS 0.1985 0.1876 0.2612 0.2493 0.3315 0.3159 0.296 -23.32%
Adjusted Per Share Value based on latest NOSH - 100,105
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
RPS 0.45 0.44 0.35 0.41 0.38 0.36 0.30 30.94%
EPS 0.13 0.13 0.09 0.13 0.12 0.12 0.08 38.09%
DPS 0.00 0.00 0.00 0.00 0.26 0.00 0.00 -
NAPS 0.0059 0.0045 0.0052 0.0048 0.0064 0.0061 0.0057 2.31%
Price Multiplier on Financial Quarter End Date
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Date 30/09/08 30/06/08 31/03/08 31/12/07 28/09/07 29/06/07 30/03/07 -
Price 0.38 0.43 0.75 0.91 0.69 0.65 0.50 -
P/RPS 2.52 2.36 4.23 4.32 3.49 3.44 3.21 -14.86%
P/EPS 8.80 8.02 15.62 14.03 11.27 10.62 12.02 -18.72%
EY 11.37 12.47 6.40 7.13 8.87 9.42 8.32 23.07%
DY 0.00 0.00 0.00 0.00 19.32 0.00 0.00 -
P/NAPS 1.91 2.29 2.87 3.65 2.08 2.06 1.69 8.47%
Price Multiplier on Announcement Date
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Date 25/11/08 19/08/08 21/05/08 28/02/08 22/11/07 20/08/07 16/05/07 -
Price 0.31 0.41 0.50 0.70 0.94 0.71 0.41 -
P/RPS 2.06 2.25 2.82 3.32 4.76 3.76 2.63 -14.99%
P/EPS 7.18 7.65 10.42 10.80 15.36 11.60 9.86 -19.01%
EY 13.94 13.07 9.60 9.26 6.51 8.62 10.15 23.48%
DY 0.00 0.00 0.00 0.00 14.18 0.00 0.00 -
P/NAPS 1.56 2.19 1.91 2.81 2.84 2.25 1.39 7.97%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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