[SHANG] QoQ TTM Result on 31-Dec-2009 [#4]

Announcement Date
24-Feb-2010
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2009
Quarter
31-Dec-2009 [#4]
Profit Trend
QoQ- 12.15%
YoY- -28.24%
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TTM Result
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Revenue 415,916 397,027 376,545 367,371 361,229 379,126 393,078 3.83%
PBT 84,634 74,306 59,101 51,505 42,391 52,785 50,023 41.94%
Tax -9,238 -9,729 -7,867 -7,278 -3,422 -6,453 -8,564 5.17%
NP 75,396 64,577 51,234 44,227 38,969 46,332 41,459 48.93%
-
NP to SH 65,329 54,475 41,840 35,353 31,524 38,801 33,835 54.99%
-
Tax Rate 10.92% 13.09% 13.31% 14.13% 8.07% 12.23% 17.12% -
Total Cost 340,520 332,450 325,311 323,144 322,260 332,794 351,619 -2.11%
-
Net Worth 777,721 764,966 764,160 747,548 739,550 738,211 750,118 2.43%
Dividend
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Div 35,192 35,192 35,216 35,216 35,198 35,198 35,050 0.26%
Div Payout % 53.87% 64.60% 84.17% 99.61% 111.66% 90.71% 103.59% -
Equity
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Net Worth 777,721 764,966 764,160 747,548 739,550 738,211 750,118 2.43%
NOSH 439,962 440,445 439,576 439,579 440,418 441,249 440,391 -0.06%
Ratio Analysis
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
NP Margin 18.13% 16.27% 13.61% 12.04% 10.79% 12.22% 10.55% -
ROE 8.40% 7.12% 5.48% 4.73% 4.26% 5.26% 4.51% -
Per Share
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
RPS 94.53 90.14 85.66 83.57 82.02 85.92 89.26 3.89%
EPS 14.85 12.37 9.52 8.04 7.16 8.79 7.68 55.14%
DPS 8.00 8.00 8.00 8.00 8.00 8.00 8.00 0.00%
NAPS 1.7677 1.7368 1.7384 1.7006 1.6792 1.673 1.7033 2.50%
Adjusted Per Share Value based on latest NOSH - 439,579
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
RPS 94.53 90.23 85.58 83.49 82.10 86.17 89.34 3.83%
EPS 14.85 12.38 9.51 8.03 7.16 8.82 7.69 55.00%
DPS 8.00 8.00 8.00 8.00 8.00 8.00 7.97 0.25%
NAPS 1.7675 1.7386 1.7367 1.699 1.6808 1.6778 1.7048 2.43%
Price Multiplier on Financial Quarter End Date
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Date 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 -
Price 2.96 2.20 1.90 1.83 1.81 1.70 1.55 -
P/RPS 3.13 2.44 2.22 2.19 2.21 1.98 1.74 47.85%
P/EPS 19.93 17.79 19.96 22.75 25.29 19.33 20.17 -0.79%
EY 5.02 5.62 5.01 4.39 3.95 5.17 4.96 0.80%
DY 2.70 3.64 4.21 4.37 4.42 4.71 5.16 -35.03%
P/NAPS 1.67 1.27 1.09 1.08 1.08 1.02 0.91 49.83%
Price Multiplier on Announcement Date
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Date 09/11/10 25/08/10 20/05/10 24/02/10 05/11/09 26/08/09 21/05/09 -
Price 2.81 2.70 2.15 1.78 1.86 1.82 1.90 -
P/RPS 2.97 3.00 2.51 2.13 2.27 2.12 2.13 24.78%
P/EPS 18.92 21.83 22.59 22.13 25.99 20.70 24.73 -16.33%
EY 5.28 4.58 4.43 4.52 3.85 4.83 4.04 19.51%
DY 2.85 2.96 3.72 4.49 4.30 4.40 4.21 -22.88%
P/NAPS 1.59 1.55 1.24 1.05 1.11 1.09 1.12 26.28%

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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