[HONGSENG] QoQ Annualized Quarter Result on 30-Jun-2007 [#2]

Announcement Date
20-Aug-2007
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2007
Quarter
30-Jun-2007 [#2]
Profit Trend
QoQ- 47.6%
YoY- 64.5%
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Annualized Quarter Result
31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 CAGR
Revenue 17,896 20,852 19,520 18,634 15,324 15,887 14,126 17.06%
PBT 5,508 6,897 6,672 6,524 4,420 5,344 4,806 9.50%
Tax -660 -476 -625 -490 -332 -349 -453 28.48%
NP 4,848 6,421 6,046 6,034 4,088 4,995 4,353 7.43%
-
NP to SH 4,848 6,421 6,046 6,034 4,088 4,995 4,353 7.43%
-
Tax Rate 11.98% 6.90% 9.37% 7.51% 7.51% 6.53% 9.43% -
Total Cost 13,048 14,431 13,473 12,600 11,236 10,892 9,773 21.22%
-
Net Worth 26,381 24,688 32,752 31,146 29,087 28,006 26,237 0.36%
Dividend
31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 CAGR
Div - - 13,173 - - - - -
Div Payout % - - 217.86% - - - - -
Equity
31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 CAGR
Net Worth 26,381 24,688 32,752 31,146 29,087 28,006 26,237 0.36%
NOSH 100,999 99,030 98,801 98,594 98,269 98,027 98,048 1.99%
Ratio Analysis
31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 CAGR
NP Margin 27.09% 30.79% 30.98% 32.38% 26.68% 31.44% 30.82% -
ROE 18.38% 26.01% 18.46% 19.37% 14.05% 17.84% 16.59% -
Per Share
31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 CAGR
RPS 17.72 21.06 19.76 18.90 15.59 16.21 14.41 14.76%
EPS 4.80 4.32 6.12 6.12 4.16 5.09 4.44 5.32%
DPS 0.00 0.00 13.33 0.00 0.00 0.00 0.00 -
NAPS 0.2612 0.2493 0.3315 0.3159 0.296 0.2857 0.2676 -1.59%
Adjusted Per Share Value based on latest NOSH - 98,712
31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 CAGR
RPS 0.35 0.41 0.38 0.36 0.30 0.31 0.28 16.02%
EPS 0.09 0.13 0.12 0.12 0.08 0.10 0.09 0.00%
DPS 0.00 0.00 0.26 0.00 0.00 0.00 0.00 -
NAPS 0.0052 0.0048 0.0064 0.0061 0.0057 0.0055 0.0051 1.30%
Price Multiplier on Financial Quarter End Date
31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 CAGR
Date 31/03/08 31/12/07 28/09/07 29/06/07 30/03/07 29/12/06 29/09/06 -
Price 0.75 0.91 0.69 0.65 0.50 0.39 0.30 -
P/RPS 4.23 4.32 3.49 3.44 3.21 2.41 2.08 60.44%
P/EPS 15.62 14.03 11.27 10.62 12.02 7.65 6.76 74.69%
EY 6.40 7.13 8.87 9.42 8.32 13.07 14.80 -42.78%
DY 0.00 0.00 19.32 0.00 0.00 0.00 0.00 -
P/NAPS 2.87 3.65 2.08 2.06 1.69 1.37 1.12 87.15%
Price Multiplier on Announcement Date
31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 CAGR
Date 21/05/08 28/02/08 22/11/07 20/08/07 16/05/07 13/02/07 15/11/06 -
Price 0.50 0.70 0.94 0.71 0.41 0.32 0.31 -
P/RPS 2.82 3.32 4.76 3.76 2.63 1.97 2.15 19.80%
P/EPS 10.42 10.80 15.36 11.60 9.86 6.28 6.98 30.58%
EY 9.60 9.26 6.51 8.62 10.15 15.92 14.32 -23.38%
DY 0.00 0.00 14.18 0.00 0.00 0.00 0.00 -
P/NAPS 1.91 2.81 2.84 2.25 1.39 1.12 1.16 39.39%

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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