[HENGYUAN] YoY TTM Result on 30-Sep-2004 [#3]

Announcement Date
22-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- 22.24%
YoY- 176.35%
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TTM Result
30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 CAGR
Revenue 10,544,196 11,169,981 9,132,115 6,772,566 5,377,431 4,105,500 5,121,524 12.78%
PBT 558,502 502,150 744,891 647,457 223,307 69,908 55,898 46.73%
Tax -124,866 -148,477 -129,512 -105,923 -27,349 -22,442 -18,815 37.06%
NP 433,636 353,673 615,379 541,534 195,958 47,466 37,083 50.62%
-
NP to SH 433,636 353,673 615,379 541,534 195,958 47,466 37,083 50.62%
-
Tax Rate 22.36% 29.57% 17.39% 16.36% 12.25% 32.10% 33.66% -
Total Cost 10,110,560 10,816,308 8,516,736 6,231,032 5,181,473 4,058,034 5,084,441 12.13%
-
Net Worth 2,247,517 1,940,758 1,867,840 1,397,182 955,899 798,576 783,785 19.18%
Dividend
30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 CAGR
Div 61,737 156,588 230,990 120,000 44,996 35,992 - -
Div Payout % 14.24% 44.28% 37.54% 22.16% 22.96% 75.83% - -
Equity
30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 CAGR
Net Worth 2,247,517 1,940,758 1,867,840 1,397,182 955,899 798,576 783,785 19.18%
NOSH 300,020 300,004 299,991 299,991 300,031 299,946 300,047 -0.00%
Ratio Analysis
30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 CAGR
NP Margin 4.11% 3.17% 6.74% 8.00% 3.64% 1.16% 0.72% -
ROE 19.29% 18.22% 32.95% 38.76% 20.50% 5.94% 4.73% -
Per Share
30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 CAGR
RPS 3,514.49 3,723.27 3,044.12 2,257.58 1,792.29 1,368.75 1,706.90 12.78%
EPS 144.54 117.89 205.13 180.52 65.31 15.82 12.36 50.63%
DPS 20.58 52.20 77.00 40.00 15.00 12.00 0.00 -
NAPS 7.4912 6.4691 6.2263 4.6574 3.186 2.6624 2.6122 19.18%
Adjusted Per Share Value based on latest NOSH - 299,991
30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 CAGR
RPS 3,514.73 3,723.33 3,044.04 2,257.52 1,792.48 1,368.50 1,707.17 12.78%
EPS 144.55 117.89 205.13 180.51 65.32 15.82 12.36 50.63%
DPS 20.58 52.20 77.00 40.00 15.00 12.00 0.00 -
NAPS 7.4917 6.4692 6.2261 4.6573 3.1863 2.6619 2.6126 19.18%
Price Multiplier on Financial Quarter End Date
30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 CAGR
Date 28/09/07 29/09/06 30/09/05 30/09/04 30/09/03 30/09/02 28/09/01 -
Price 11.00 10.30 11.70 7.60 4.04 3.50 3.30 -
P/RPS 0.31 0.28 0.38 0.34 0.23 0.26 0.19 8.49%
P/EPS 7.61 8.74 5.70 4.21 6.19 22.12 26.70 -18.86%
EY 13.14 11.45 17.53 23.75 16.17 4.52 3.75 23.23%
DY 1.87 5.07 6.58 5.26 3.71 3.43 0.00 -
P/NAPS 1.47 1.59 1.88 1.63 1.27 1.31 1.26 2.60%
Price Multiplier on Announcement Date
30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 30/09/01 CAGR
Date 01/11/07 23/11/06 28/11/05 22/11/04 18/11/03 18/11/02 12/11/01 -
Price 11.60 10.40 10.10 8.90 4.20 3.44 3.50 -
P/RPS 0.33 0.28 0.33 0.39 0.23 0.25 0.21 7.82%
P/EPS 8.03 8.82 4.92 4.93 6.43 21.74 28.32 -18.93%
EY 12.46 11.34 20.31 20.28 15.55 4.60 3.53 23.38%
DY 1.77 5.02 7.62 4.49 3.57 3.49 0.00 -
P/NAPS 1.55 1.61 1.62 1.91 1.32 1.29 1.34 2.45%

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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