[HENGYUAN] QoQ Quarter Result on 30-Sep-2006 [#3]

Announcement Date
23-Nov-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
30-Sep-2006 [#3]
Profit Trend
QoQ- -53.69%
YoY- -54.92%
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Quarter Result
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Revenue 2,884,718 2,191,049 2,465,527 3,040,246 2,898,567 2,482,500 2,748,668 3.28%
PBT 231,938 190,553 -35,460 93,866 207,470 59,508 141,306 39.27%
Tax -63,554 -53,187 34,517 -26,335 -61,647 -13,703 -46,792 22.71%
NP 168,384 137,366 -943 67,531 145,823 45,805 94,514 47.11%
-
NP to SH 168,384 137,366 -943 67,531 145,823 45,805 94,514 47.11%
-
Tax Rate 27.40% 27.91% - 28.06% 29.71% 23.03% 33.11% -
Total Cost 2,716,334 2,053,683 2,466,470 2,972,715 2,752,744 2,436,695 2,654,154 1.56%
-
Net Worth 2,162,262 2,077,109 1,919,249 1,940,758 1,942,256 1,964,755 1,919,453 8.28%
Dividend
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Div 59,997 - 1,139 - 95,995 59,993 600 2072.61%
Div Payout % 35.63% - 0.00% - 65.83% 130.98% 0.63% -
Equity
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Net Worth 2,162,262 2,077,109 1,919,249 1,940,758 1,942,256 1,964,755 1,919,453 8.28%
NOSH 299,989 299,991 299,971 300,004 299,985 299,967 300,041 -0.01%
Ratio Analysis
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
NP Margin 5.84% 6.27% -0.04% 2.22% 5.03% 1.85% 3.44% -
ROE 7.79% 6.61% -0.05% 3.48% 7.51% 2.33% 4.92% -
Per Share
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
RPS 961.61 730.37 821.92 1,013.40 966.24 827.59 916.10 3.29%
EPS 56.13 45.79 -0.31 22.51 48.61 15.27 31.50 47.13%
DPS 20.00 0.00 0.38 0.00 32.00 20.00 0.20 2072.68%
NAPS 7.2078 6.9239 6.3981 6.4691 6.4745 6.5499 6.3973 8.30%
Adjusted Per Share Value based on latest NOSH - 300,004
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
RPS 961.67 730.42 821.93 1,013.52 966.29 827.59 916.32 3.28%
EPS 56.13 45.79 -0.31 22.51 48.61 15.27 31.51 47.10%
DPS 20.00 0.00 0.38 0.00 32.00 20.00 0.20 2072.68%
NAPS 7.2083 6.9244 6.3982 6.4699 6.4749 6.5499 6.3988 8.28%
Price Multiplier on Financial Quarter End Date
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Date 29/06/07 30/03/07 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 -
Price 10.40 11.00 10.60 10.30 10.10 10.20 9.75 -
P/RPS 1.08 1.51 1.29 1.02 1.05 1.23 1.06 1.25%
P/EPS 18.53 24.02 -3,371.90 45.76 20.78 66.80 30.95 -29.03%
EY 5.40 4.16 -0.03 2.19 4.81 1.50 3.23 40.99%
DY 1.92 0.00 0.04 0.00 3.17 1.96 0.02 2014.19%
P/NAPS 1.44 1.59 1.66 1.59 1.56 1.56 1.52 -3.54%
Price Multiplier on Announcement Date
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Date 13/08/07 07/05/07 28/02/07 23/11/06 17/08/06 18/05/06 06/03/06 -
Price 10.80 10.70 10.20 10.40 10.60 10.60 9.80 -
P/RPS 1.12 1.47 1.24 1.03 1.10 1.28 1.07 3.10%
P/EPS 19.24 23.37 -3,244.66 46.20 21.81 69.42 31.11 -27.47%
EY 5.20 4.28 -0.03 2.16 4.59 1.44 3.21 38.05%
DY 1.85 0.00 0.04 0.00 3.02 1.89 0.02 1962.34%
P/NAPS 1.50 1.55 1.59 1.61 1.64 1.62 1.53 -1.31%

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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