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

Announcement Date
14-Feb-2008
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2007
Quarter
31-Dec-2007 [#4]
Profit Trend
QoQ- 2.38%
YoY- 129.74%
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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 14,123,426 14,724,244 13,706,800 11,415,110 10,771,560 10,151,534 8,764,196 37.33%
PBT 350,764 1,296,212 654,036 794,212 791,948 844,980 762,212 -40.30%
Tax -93,302 -336,934 -163,840 -200,994 -212,509 -233,480 -212,748 -42.19%
NP 257,461 959,278 490,196 593,218 579,438 611,500 549,464 -39.58%
-
NP to SH 257,461 959,278 490,196 593,218 579,438 611,500 549,464 -39.58%
-
Tax Rate 26.60% 25.99% 25.05% 25.31% 26.83% 27.63% 27.91% -
Total Cost 13,865,965 13,764,966 13,216,604 10,821,892 10,192,121 9,540,034 8,214,732 41.63%
-
Net Worth 2,443,869 2,774,622 2,528,529 2,405,991 2,247,354 2,162,269 2,077,109 11.41%
Dividend
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Div 800 119,999 - 2,099 79,999 119,996 - -
Div Payout % 0.31% 12.51% - 0.35% 13.81% 19.62% - -
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 2,443,869 2,774,622 2,528,529 2,405,991 2,247,354 2,162,269 2,077,109 11.41%
NOSH 300,023 299,998 299,997 299,998 299,999 299,990 299,991 0.00%
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 1.82% 6.51% 3.58% 5.20% 5.38% 6.02% 6.27% -
ROE 10.53% 34.57% 19.39% 24.66% 25.78% 28.28% 26.45% -
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 4,707.44 4,908.11 4,568.97 3,805.05 3,590.53 3,383.96 2,921.48 37.32%
EPS 85.83 319.76 163.40 197.74 193.15 203.84 183.16 -39.58%
DPS 0.27 40.00 0.00 0.70 26.67 40.00 0.00 -
NAPS 8.1456 9.2488 8.4285 8.02 7.4912 7.2078 6.9239 11.40%
Adjusted Per Share Value based on latest NOSH - 299,996
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
RPS 4,707.81 4,908.08 4,568.93 3,805.04 3,590.52 3,383.84 2,921.40 37.33%
EPS 85.82 319.76 163.40 197.74 193.15 203.83 183.15 -39.58%
DPS 0.27 40.00 0.00 0.70 26.67 40.00 0.00 -
NAPS 8.1462 9.2487 8.4284 8.02 7.4912 7.2076 6.9237 11.41%
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 10.50 10.90 10.90 11.30 11.00 10.40 11.00 -
P/RPS 0.22 0.22 0.24 0.30 0.31 0.31 0.38 -30.46%
P/EPS 12.24 3.41 6.67 5.71 5.70 5.10 6.01 60.46%
EY 8.17 29.34 14.99 17.50 17.56 19.60 16.65 -37.70%
DY 0.03 3.67 0.00 0.06 2.42 3.85 0.00 -
P/NAPS 1.29 1.18 1.29 1.41 1.47 1.44 1.59 -12.97%
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 12/11/08 14/08/08 14/05/08 14/02/08 01/11/07 13/08/07 07/05/07 -
Price 10.00 10.80 11.30 11.50 11.60 10.80 10.70 -
P/RPS 0.21 0.22 0.25 0.30 0.32 0.32 0.37 -31.37%
P/EPS 11.65 3.38 6.92 5.82 6.01 5.30 5.84 58.26%
EY 8.58 29.61 14.46 17.19 16.65 18.87 17.12 -36.82%
DY 0.03 3.70 0.00 0.06 2.30 3.70 0.00 -
P/NAPS 1.23 1.17 1.34 1.43 1.55 1.50 1.55 -14.25%

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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