[ZHULIAN] QoQ TTM Result on 31-May-2011 [#2]

Announcement Date
13-Jul-2011
Admission Sponsor
-
Sponsor
-
Financial Year
30-Nov-2011
Quarter
31-May-2011 [#2]
Profit Trend
QoQ- 2.76%
YoY- -5.35%
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TTM Result
29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 CAGR
Revenue 383,199 357,542 355,601 337,274 322,507 322,611 324,925 11.63%
PBT 122,966 115,856 110,728 104,922 101,849 105,897 107,226 9.57%
Tax -20,444 -19,752 -19,176 -17,978 -18,001 -19,225 -20,095 1.15%
NP 102,522 96,104 91,552 86,944 83,848 86,672 87,131 11.46%
-
NP to SH 102,522 95,430 90,925 86,438 84,113 86,973 87,354 11.27%
-
Tax Rate 16.63% 17.05% 17.32% 17.13% 17.67% 18.15% 18.74% -
Total Cost 280,677 261,438 264,049 250,330 238,659 235,939 237,794 11.69%
-
Net Worth 406,596 392,306 376,354 366,445 34,833,524 352,006 341,641 12.31%
Dividend
29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 CAGR
Div 55,191 54,755 54,756 54,769 51,328 48,302 51,753 4.38%
Div Payout % 53.83% 57.38% 60.22% 63.36% 61.02% 55.54% 59.25% -
Equity
29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 CAGR
Net Worth 406,596 392,306 376,354 366,445 34,833,524 352,006 341,641 12.31%
NOSH 460,210 459,968 459,754 459,781 445,669 460,018 460,185 0.00%
Ratio Analysis
29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 CAGR
NP Margin 26.75% 26.88% 25.75% 25.78% 26.00% 26.87% 26.82% -
ROE 25.21% 24.33% 24.16% 23.59% 0.24% 24.71% 25.57% -
Per Share
29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 CAGR
RPS 83.27 77.73 77.35 73.36 72.36 70.13 70.61 11.63%
EPS 22.28 20.75 19.78 18.80 18.87 18.91 18.98 11.28%
DPS 12.00 11.90 11.91 11.91 11.52 10.50 11.25 4.40%
NAPS 0.8835 0.8529 0.8186 0.797 78.16 0.7652 0.7424 12.31%
Adjusted Per Share Value based on latest NOSH - 459,781
29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 CAGR
RPS 83.30 77.73 77.30 73.32 70.11 70.13 70.64 11.62%
EPS 22.29 20.75 19.77 18.79 18.29 18.91 18.99 11.28%
DPS 12.00 11.90 11.90 11.91 11.16 10.50 11.25 4.40%
NAPS 0.8839 0.8528 0.8182 0.7966 75.7251 0.7652 0.7427 12.31%
Price Multiplier on Financial Quarter End Date
29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 CAGR
Date 29/02/12 30/11/11 29/08/11 31/05/11 28/02/11 30/11/10 30/08/10 -
Price 1.89 1.72 1.61 1.70 1.72 1.73 1.85 -
P/RPS 2.27 2.21 2.08 2.32 2.38 2.47 2.62 -9.12%
P/EPS 8.48 8.29 8.14 9.04 9.11 9.15 9.75 -8.89%
EY 11.79 12.06 12.28 11.06 10.97 10.93 10.26 9.71%
DY 6.35 6.92 7.40 7.01 6.70 6.07 6.08 2.94%
P/NAPS 2.14 2.02 1.97 2.13 0.02 2.26 2.49 -9.61%
Price Multiplier on Announcement Date
29/02/12 30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 CAGR
Date 12/04/12 19/01/12 14/10/11 13/07/11 18/04/11 26/01/11 18/10/10 -
Price 1.90 1.89 1.66 1.75 1.78 1.74 1.92 -
P/RPS 2.28 2.43 2.15 2.39 2.46 2.48 2.72 -11.10%
P/EPS 8.53 9.11 8.39 9.31 9.43 9.20 10.11 -10.72%
EY 11.72 10.98 11.91 10.74 10.60 10.87 9.89 11.99%
DY 6.32 6.30 7.17 6.81 6.47 6.03 5.86 5.17%
P/NAPS 2.15 2.22 2.03 2.20 0.02 2.27 2.59 -11.68%

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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