[ZHULIAN] QoQ Annualized Quarter Result on 31-Aug-2011 [#3]

Announcement Date
14-Oct-2011
Admission Sponsor
-
Sponsor
-
Financial Year
30-Nov-2011
Quarter
31-Aug-2011 [#3]
Profit Trend
QoQ- 4.38%
YoY- 7.22%
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Annualized Quarter Result
31/05/12 29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 CAGR
Revenue 445,730 447,520 357,542 360,940 357,820 344,892 322,611 24.02%
PBT 137,462 138,344 115,072 107,874 102,276 109,904 105,897 18.97%
Tax -22,372 -24,764 -19,752 -18,128 -16,298 -21,996 -19,225 10.62%
NP 115,090 113,580 95,320 89,746 85,978 87,908 86,672 20.78%
-
NP to SH 115,090 113,580 95,320 89,746 85,978 85,212 87,065 20.42%
-
Tax Rate 16.28% 17.90% 17.16% 16.80% 15.94% 20.01% 18.15% -
Total Cost 330,640 333,940 262,222 271,193 271,842 256,984 235,939 25.20%
-
Net Worth 421,866 406,596 392,366 376,623 366,440 34,833,524 351,939 12.82%
Dividend
31/05/12 29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 CAGR
Div 55,200 55,225 55,204 55,209 55,173 53,480 55,191 0.01%
Div Payout % 47.96% 48.62% 57.92% 61.52% 64.17% 62.76% 63.39% -
Equity
31/05/12 29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 CAGR
Net Worth 421,866 406,596 392,366 376,623 366,440 34,833,524 351,939 12.82%
NOSH 460,000 460,210 460,038 460,082 459,775 445,669 459,931 0.00%
Ratio Analysis
31/05/12 29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 CAGR
NP Margin 25.82% 25.38% 26.66% 24.86% 24.03% 25.49% 26.87% -
ROE 27.28% 27.93% 24.29% 23.83% 23.46% 0.24% 24.74% -
Per Share
31/05/12 29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 CAGR
RPS 96.90 97.24 77.72 78.45 77.82 77.39 70.14 24.01%
EPS 25.02 24.68 20.72 19.51 18.70 19.12 18.93 20.41%
DPS 12.00 12.00 12.00 12.00 12.00 12.00 12.00 0.00%
NAPS 0.9171 0.8835 0.8529 0.8186 0.797 78.16 0.7652 12.81%
Adjusted Per Share Value based on latest NOSH - 459,754
31/05/12 29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 CAGR
RPS 96.90 97.29 77.73 78.47 77.79 74.98 70.13 24.03%
EPS 25.02 24.69 20.72 19.51 18.69 18.52 18.93 20.41%
DPS 12.00 12.01 12.00 12.00 11.99 11.63 12.00 0.00%
NAPS 0.9171 0.8839 0.853 0.8187 0.7966 75.7251 0.7651 12.82%
Price Multiplier on Financial Quarter End Date
31/05/12 29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 CAGR
Date 31/05/12 29/02/12 30/11/11 29/08/11 31/05/11 28/02/11 30/11/10 -
Price 1.97 1.89 1.72 1.61 1.70 1.72 1.73 -
P/RPS 2.03 1.94 2.21 2.05 2.18 2.22 2.47 -12.24%
P/EPS 7.87 7.66 8.30 8.25 9.09 9.00 9.14 -9.48%
EY 12.70 13.06 12.05 12.12 11.00 11.12 10.94 10.44%
DY 6.09 6.35 6.98 7.45 7.06 6.98 6.94 -8.33%
P/NAPS 2.15 2.14 2.02 1.97 2.13 0.02 2.26 -3.26%
Price Multiplier on Announcement Date
31/05/12 29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 CAGR
Date 11/07/12 12/04/12 19/01/12 14/10/11 13/07/11 18/04/11 26/01/11 -
Price 2.10 1.90 1.89 1.66 1.75 1.78 1.74 -
P/RPS 2.17 1.95 2.43 2.12 2.25 2.30 2.48 -8.50%
P/EPS 8.39 7.70 9.12 8.51 9.36 9.31 9.19 -5.88%
EY 11.91 12.99 10.96 11.75 10.69 10.74 10.88 6.20%
DY 5.71 6.32 6.35 7.23 6.86 6.74 6.90 -11.84%
P/NAPS 2.29 2.15 2.22 2.03 2.20 0.02 2.27 0.58%

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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