[SHANG] QoQ TTM Result on 30-Sep-2009 [#3]

Announcement Date
05-Nov-2009
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2009
Quarter
30-Sep-2009 [#3]
Profit Trend
QoQ- -18.75%
YoY- -54.48%
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TTM Result
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Revenue 397,027 376,545 367,371 361,229 379,126 393,078 415,447 -2.98%
PBT 74,306 59,101 51,505 42,391 52,785 50,023 71,474 2.63%
Tax -9,729 -7,867 -7,278 -3,422 -6,453 -8,564 -13,690 -20.41%
NP 64,577 51,234 44,227 38,969 46,332 41,459 57,784 7.71%
-
NP to SH 54,475 41,840 35,353 31,524 38,801 33,835 49,267 6.94%
-
Tax Rate 13.09% 13.31% 14.13% 8.07% 12.23% 17.12% 19.15% -
Total Cost 332,450 325,311 323,144 322,260 332,794 351,619 357,663 -4.76%
-
Net Worth 764,966 764,160 747,548 739,550 738,211 750,118 738,008 2.42%
Dividend
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Div 35,192 35,216 35,216 35,198 35,198 35,050 35,050 0.27%
Div Payout % 64.60% 84.17% 99.61% 111.66% 90.71% 103.59% 71.14% -
Equity
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Net Worth 764,966 764,160 747,548 739,550 738,211 750,118 738,008 2.42%
NOSH 440,445 439,576 439,579 440,418 441,249 440,391 439,212 0.18%
Ratio Analysis
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
NP Margin 16.27% 13.61% 12.04% 10.79% 12.22% 10.55% 13.91% -
ROE 7.12% 5.48% 4.73% 4.26% 5.26% 4.51% 6.68% -
Per Share
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
RPS 90.14 85.66 83.57 82.02 85.92 89.26 94.59 -3.17%
EPS 12.37 9.52 8.04 7.16 8.79 7.68 11.22 6.74%
DPS 8.00 8.00 8.00 8.00 8.00 8.00 8.00 0.00%
NAPS 1.7368 1.7384 1.7006 1.6792 1.673 1.7033 1.6803 2.23%
Adjusted Per Share Value based on latest NOSH - 440,418
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
RPS 90.23 85.58 83.49 82.10 86.17 89.34 94.42 -2.98%
EPS 12.38 9.51 8.03 7.16 8.82 7.69 11.20 6.92%
DPS 8.00 8.00 8.00 8.00 8.00 7.97 7.97 0.25%
NAPS 1.7386 1.7367 1.699 1.6808 1.6778 1.7048 1.6773 2.42%
Price Multiplier on Financial Quarter End Date
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Date 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 -
Price 2.20 1.90 1.83 1.81 1.70 1.55 1.65 -
P/RPS 2.44 2.22 2.19 2.21 1.98 1.74 1.74 25.36%
P/EPS 17.79 19.96 22.75 25.29 19.33 20.17 14.71 13.55%
EY 5.62 5.01 4.39 3.95 5.17 4.96 6.80 -11.96%
DY 3.64 4.21 4.37 4.42 4.71 5.16 4.85 -17.45%
P/NAPS 1.27 1.09 1.08 1.08 1.02 0.91 0.98 18.92%
Price Multiplier on Announcement Date
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Date 25/08/10 20/05/10 24/02/10 05/11/09 26/08/09 21/05/09 24/02/09 -
Price 2.70 2.15 1.78 1.86 1.82 1.90 1.72 -
P/RPS 3.00 2.51 2.13 2.27 2.12 2.13 1.82 39.66%
P/EPS 21.83 22.59 22.13 25.99 20.70 24.73 15.33 26.65%
EY 4.58 4.43 4.52 3.85 4.83 4.04 6.52 -21.02%
DY 2.96 3.72 4.49 4.30 4.40 4.21 4.65 -26.06%
P/NAPS 1.55 1.24 1.05 1.11 1.09 1.12 1.02 32.27%

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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