[HENGYUAN] YoY Annualized Quarter Result on 31-Dec-2006 [#4]

Announcement Date
28-Feb-2007
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Dec-2006 [#4]
Profit Trend
QoQ- -25.27%
YoY- -50.55%
Quarter Report
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Annualized Quarter Result
31/12/09 31/12/08 31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 CAGR
Revenue 8,945,794 13,086,128 11,415,110 10,886,840 9,695,133 7,510,539 5,496,898 8.44%
PBT 388,305 -440,361 794,212 325,385 681,922 741,908 249,624 7.63%
Tax -98,376 110,344 -200,994 -67,168 -159,790 -71,564 -67,340 6.51%
NP 289,929 -330,017 593,218 258,217 522,132 670,344 182,284 8.03%
-
NP to SH 289,929 -330,017 593,218 258,217 522,132 670,344 182,284 8.03%
-
Tax Rate 25.33% - 25.31% 20.64% 23.43% 9.65% 26.98% -
Total Cost 8,655,865 13,416,145 10,821,892 10,628,623 9,173,001 6,840,195 5,314,614 8.46%
-
Net Worth 2,098,085 1,920,494 2,405,991 1,939,734 1,919,234 1,563,375 1,001,062 13.11%
Dividend
31/12/09 31/12/08 31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 CAGR
Div 150,004 149,994 2,099 2,699 300,006 194,998 75,001 12.23%
Div Payout % 51.74% 0.00% 0.35% 1.05% 57.46% 29.09% 41.15% -
Equity
31/12/09 31/12/08 31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 CAGR
Net Worth 2,098,085 1,920,494 2,405,991 1,939,734 1,919,234 1,563,375 1,001,062 13.11%
NOSH 300,009 299,988 299,998 299,989 300,006 299,997 300,006 0.00%
Ratio Analysis
31/12/09 31/12/08 31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 CAGR
NP Margin 3.24% -2.52% 5.20% 2.37% 5.39% 8.93% 3.32% -
ROE 13.82% -17.18% 24.66% 13.31% 27.21% 42.88% 18.21% -
Per Share
31/12/09 31/12/08 31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 CAGR
RPS 2,981.84 4,362.21 3,805.05 3,629.07 3,231.64 2,503.54 1,832.26 8.44%
EPS 96.64 -110.01 197.74 86.07 174.04 223.45 60.76 8.03%
DPS 50.00 50.00 0.70 0.90 100.00 65.00 25.00 12.23%
NAPS 6.9934 6.4019 8.02 6.466 6.3973 5.2113 3.3368 13.11%
Adjusted Per Share Value based on latest NOSH - 299,971
31/12/09 31/12/08 31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 CAGR
RPS 2,982.24 4,362.49 3,805.43 3,629.32 3,232.04 2,503.77 1,832.49 8.44%
EPS 96.65 -110.02 197.76 86.08 174.06 223.47 60.77 8.03%
DPS 50.01 50.00 0.70 0.90 100.01 65.01 25.00 12.23%
NAPS 6.9943 6.4023 8.0208 6.4664 6.3981 5.2118 3.3372 13.11%
Price Multiplier on Financial Quarter End Date
31/12/09 31/12/08 31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 CAGR
Date 31/12/09 31/12/08 31/12/07 29/12/06 30/12/05 31/12/04 31/12/03 -
Price 10.52 8.10 11.30 10.60 9.75 9.70 4.46 -
P/RPS 0.35 0.19 0.30 0.29 0.30 0.39 0.24 6.48%
P/EPS 10.89 -7.36 5.71 12.31 5.60 4.34 7.34 6.78%
EY 9.19 -13.58 17.50 8.12 17.85 23.04 13.62 -6.34%
DY 4.75 6.17 0.06 0.08 10.26 6.70 5.61 -2.73%
P/NAPS 1.50 1.27 1.41 1.64 1.52 1.86 1.34 1.89%
Price Multiplier on Announcement Date
31/12/09 31/12/08 31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 CAGR
Date 25/02/10 17/02/09 14/02/08 28/02/07 06/03/06 23/02/05 17/02/04 -
Price 10.70 8.70 11.50 10.20 9.80 8.65 4.50 -
P/RPS 0.36 0.20 0.30 0.28 0.30 0.35 0.25 6.25%
P/EPS 11.07 -7.91 5.82 11.85 5.63 3.87 7.41 6.91%
EY 9.03 -12.64 17.19 8.44 17.76 25.83 13.50 -6.47%
DY 4.67 5.75 0.06 0.09 10.20 7.51 5.56 -2.86%
P/NAPS 1.53 1.36 1.43 1.58 1.53 1.66 1.35 2.10%

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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