[HENGYUAN] YoY TTM Result on 31-Dec-2004 [#4]

Announcement Date
23-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- 23.79%
YoY- 267.75%
Quarter Report
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TTM Result
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Revenue 11,415,110 10,886,840 9,695,133 7,510,540 5,496,897 4,458,227 4,601,402 16.34%
PBT 808,630 325,384 681,922 741,908 249,625 197,965 3,928 142.89%
Tax -215,413 -67,168 -159,789 -71,564 -67,342 -45,031 -4,075 93.66%
NP 593,217 258,216 522,133 670,344 182,283 152,934 -147 -
-
NP to SH 593,217 258,216 522,133 670,344 182,283 152,934 -147 -
-
Tax Rate 26.64% 20.64% 23.43% 9.65% 26.98% 22.75% 103.74% -
Total Cost 10,821,893 10,628,624 9,173,000 6,840,196 5,314,614 4,305,293 4,601,549 15.31%
-
Net Worth 2,432,609 1,919,249 1,919,453 1,563,306 1,001,040 864,810 744,171 21.81%
Dividend
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Div 62,097 157,128 126,596 164,994 60,000 44,996 35,992 9.51%
Div Payout % 10.47% 60.85% 24.25% 24.61% 32.92% 29.42% 0.00% -
Equity
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Net Worth 2,432,609 1,919,249 1,919,453 1,563,306 1,001,040 864,810 744,171 21.81%
NOSH 299,996 299,971 300,041 299,984 300,000 299,979 299,936 0.00%
Ratio Analysis
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
NP Margin 5.20% 2.37% 5.39% 8.93% 3.32% 3.43% 0.00% -
ROE 24.39% 13.45% 27.20% 42.88% 18.21% 17.68% -0.02% -
Per Share
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
RPS 3,805.08 3,629.29 3,231.27 2,503.65 1,832.30 1,486.18 1,534.13 16.33%
EPS 197.74 86.08 174.02 223.46 60.76 50.98 -0.05 -
DPS 20.70 52.38 42.20 55.00 20.00 15.00 12.00 9.50%
NAPS 8.1088 6.3981 6.3973 5.2113 3.3368 2.8829 2.4811 21.80%
Adjusted Per Share Value based on latest NOSH - 299,984
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
RPS 3,805.04 3,628.95 3,231.71 2,503.51 1,832.30 1,486.08 1,533.80 16.34%
EPS 197.74 86.07 174.04 223.45 60.76 50.98 -0.05 -
DPS 20.70 52.38 42.20 55.00 20.00 15.00 12.00 9.50%
NAPS 8.1087 6.3975 6.3982 5.211 3.3368 2.8827 2.4806 21.81%
Price Multiplier on Financial Quarter End Date
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Date 31/12/07 29/12/06 30/12/05 31/12/04 31/12/03 31/12/02 31/12/01 -
Price 11.30 10.60 9.75 9.70 4.46 3.80 3.80 -
P/RPS 0.30 0.29 0.30 0.39 0.24 0.26 0.25 3.08%
P/EPS 5.71 12.31 5.60 4.34 7.34 7.45 -7,753.45 -
EY 17.50 8.12 17.85 23.04 13.62 13.42 -0.01 -
DY 1.83 4.94 4.33 5.67 4.48 3.95 3.16 -8.69%
P/NAPS 1.39 1.66 1.52 1.86 1.34 1.32 1.53 -1.58%
Price Multiplier on Announcement Date
31/12/07 31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 CAGR
Date 14/02/08 28/02/07 06/03/06 23/02/05 17/02/04 24/02/03 21/02/02 -
Price 11.50 10.20 9.80 8.65 4.50 3.26 3.80 -
P/RPS 0.30 0.28 0.30 0.35 0.25 0.22 0.25 3.08%
P/EPS 5.82 11.85 5.63 3.87 7.41 6.39 -7,753.45 -
EY 17.19 8.44 17.76 25.83 13.50 15.64 -0.01 -
DY 1.80 5.14 4.31 6.36 4.44 4.60 3.16 -8.94%
P/NAPS 1.42 1.59 1.53 1.66 1.35 1.13 1.53 -1.23%

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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