[HENGYUAN] QoQ TTM Result on 30-Sep-2008 [#3]

Announcement Date
12-Nov-2008
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2008
Quarter
30-Sep-2008 [#3]
Profit Trend
QoQ- -54.15%
YoY- -18.89%
Quarter Report
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TTM Result
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Revenue 9,861,032 11,489,648 13,086,127 13,929,010 13,701,465 12,650,761 11,415,110 -9.30%
PBT -652,704 -460,082 -440,360 477,741 1,034,244 781,586 808,630 -
Tax 168,858 112,995 110,344 -126,007 -267,139 -203,186 -215,413 -
NP -483,846 -347,087 -330,016 351,734 767,105 578,400 593,217 -
-
NP to SH -483,229 -347,087 -330,016 351,734 767,105 578,400 593,217 -
-
Tax Rate - - - 26.38% 25.83% 26.00% 26.64% -
Total Cost 10,344,878 11,836,735 13,416,143 13,577,276 12,934,360 12,072,361 10,821,893 -2.96%
-
Net Worth 2,186,700 1,800,159 1,920,577 2,443,782 2,774,624 2,528,529 2,432,609 -6.86%
Dividend
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Div 149,999 150,000 150,000 61,499 62,099 62,097 62,097 80.12%
Div Payout % 0.00% 0.00% 0.00% 17.48% 8.10% 10.74% 10.47% -
Equity
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Net Worth 2,186,700 1,800,159 1,920,577 2,443,782 2,774,624 2,528,529 2,432,609 -6.86%
NOSH 299,995 300,026 300,001 300,012 299,998 299,997 299,996 -0.00%
Ratio Analysis
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
NP Margin -4.91% -3.02% -2.52% 2.53% 5.60% 4.57% 5.20% -
ROE -22.10% -19.28% -17.18% 14.39% 27.65% 22.87% 24.39% -
Per Share
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
RPS 3,287.06 3,829.54 4,362.03 4,642.81 4,567.18 4,216.95 3,805.08 -9.30%
EPS -161.08 -115.69 -110.00 117.24 255.70 192.80 197.74 -
DPS 50.00 50.00 50.00 20.50 20.70 20.70 20.70 80.12%
NAPS 7.2891 6.00 6.4019 8.1456 9.2488 8.4285 8.1088 -6.86%
Adjusted Per Share Value based on latest NOSH - 300,012
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
RPS 3,287.01 3,829.88 4,362.04 4,643.00 4,567.16 4,216.92 3,805.04 -9.30%
EPS -161.08 -115.70 -110.01 117.24 255.70 192.80 197.74 -
DPS 50.00 50.00 50.00 20.50 20.70 20.70 20.70 80.12%
NAPS 7.289 6.0005 6.4019 8.1459 9.2487 8.4284 8.1087 -6.86%
Price Multiplier on Financial Quarter End Date
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Date 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 -
Price 10.50 9.60 8.10 10.50 10.90 10.90 11.30 -
P/RPS 0.32 0.25 0.19 0.23 0.24 0.26 0.30 4.40%
P/EPS -6.52 -8.30 -7.36 8.96 4.26 5.65 5.71 -
EY -15.34 -12.05 -13.58 11.17 23.46 17.69 17.50 -
DY 4.76 5.21 6.17 1.95 1.90 1.90 1.83 89.24%
P/NAPS 1.44 1.60 1.27 1.29 1.18 1.29 1.39 2.38%
Price Multiplier on Announcement Date
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Date 27/08/09 06/05/09 17/02/09 12/11/08 14/08/08 14/05/08 14/02/08 -
Price 10.50 10.10 8.70 10.00 10.80 11.30 11.50 -
P/RPS 0.32 0.26 0.20 0.22 0.24 0.27 0.30 4.40%
P/EPS -6.52 -8.73 -7.91 8.53 4.22 5.86 5.82 -
EY -15.34 -11.45 -12.64 11.72 23.68 17.06 17.19 -
DY 4.76 4.95 5.75 2.05 1.92 1.83 1.80 91.34%
P/NAPS 1.44 1.68 1.36 1.23 1.17 1.34 1.42 0.93%

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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