[HENGYUAN] YoY Quarter Result on 30-Jun-2005 [#2]

Announcement Date
18-Aug-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
30-Jun-2005 [#2]
Profit Trend
QoQ- -57.83%
YoY- -52.99%
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Quarter Result
30/06/08 30/06/07 30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 CAGR
Revenue 3,935,422 2,884,718 2,898,567 2,181,246 1,777,150 1,264,350 977,879 26.09%
PBT 484,596 231,938 207,470 116,121 195,021 -46,016 27,430 61.31%
Tax -127,507 -63,554 -61,647 -33,720 -19,724 1,043 2,101 -
NP 357,089 168,384 145,823 82,401 175,297 -44,973 29,531 51.44%
-
NP to SH 357,089 168,384 145,823 82,401 175,297 -44,973 29,531 51.44%
-
Tax Rate 26.31% 27.40% 29.71% 29.04% 10.11% - -7.66% -
Total Cost 3,578,333 2,716,334 2,752,744 2,098,845 1,601,853 1,309,323 948,348 24.74%
-
Net Worth 2,774,624 2,162,262 1,942,256 1,743,799 1,234,039 869,578 782,271 23.46%
Dividend
30/06/08 30/06/07 30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 CAGR
Div 59,999 59,997 95,995 35,996 30,001 - 9,003 37.14%
Div Payout % 16.80% 35.63% 65.83% 43.68% 17.11% - 30.49% -
Equity
30/06/08 30/06/07 30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 CAGR
Net Worth 2,774,624 2,162,262 1,942,256 1,743,799 1,234,039 869,578 782,271 23.46%
NOSH 299,998 299,989 299,985 299,967 300,011 300,020 300,111 -0.00%
Ratio Analysis
30/06/08 30/06/07 30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 CAGR
NP Margin 9.07% 5.84% 5.03% 3.78% 9.86% -3.56% 3.02% -
ROE 12.87% 7.79% 7.51% 4.73% 14.21% -5.17% 3.78% -
Per Share
30/06/08 30/06/07 30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 CAGR
RPS 1,311.81 961.61 966.24 727.16 592.36 421.42 325.84 26.10%
EPS 119.03 56.13 48.61 27.47 58.43 -14.99 9.84 51.45%
DPS 20.00 20.00 32.00 12.00 10.00 0.00 3.00 37.14%
NAPS 9.2488 7.2078 6.4745 5.8133 4.1133 2.8984 2.6066 23.47%
Adjusted Per Share Value based on latest NOSH - 299,967
30/06/08 30/06/07 30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 CAGR
RPS 1,311.81 961.57 966.19 727.08 592.38 421.45 325.96 26.09%
EPS 119.03 56.13 48.61 27.47 58.43 -14.99 9.84 51.45%
DPS 20.00 20.00 32.00 12.00 10.00 0.00 3.00 37.14%
NAPS 9.2487 7.2075 6.4742 5.8127 4.1135 2.8986 2.6076 23.46%
Price Multiplier on Financial Quarter End Date
30/06/08 30/06/07 30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 CAGR
Date 30/06/08 29/06/07 30/06/06 30/06/05 30/06/04 30/06/03 28/06/02 -
Price 10.90 10.40 10.10 9.85 6.60 4.14 3.48 -
P/RPS 0.83 1.08 1.05 1.35 1.11 0.98 1.07 -4.14%
P/EPS 9.16 18.53 20.78 35.86 11.30 -27.62 35.37 -20.14%
EY 10.92 5.40 4.81 2.79 8.85 -3.62 2.83 25.21%
DY 1.83 1.92 3.17 1.22 1.52 0.00 0.86 13.39%
P/NAPS 1.18 1.44 1.56 1.69 1.60 1.43 1.34 -2.09%
Price Multiplier on Announcement Date
30/06/08 30/06/07 30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 CAGR
Date 14/08/08 13/08/07 17/08/06 18/08/05 16/08/04 26/08/03 02/09/02 -
Price 10.80 10.80 10.60 10.00 7.40 4.38 3.76 -
P/RPS 0.82 1.12 1.10 1.38 1.25 1.04 1.15 -5.47%
P/EPS 9.07 19.24 21.81 36.40 12.66 -29.22 38.21 -21.29%
EY 11.02 5.20 4.59 2.75 7.90 -3.42 2.62 27.02%
DY 1.85 1.85 3.02 1.20 1.35 0.00 0.80 14.98%
P/NAPS 1.17 1.50 1.64 1.72 1.80 1.51 1.44 -3.39%

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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