[HONGSENG] QoQ Annualized Quarter Result on 30-Sep-2006 [#3]

Announcement Date
15-Nov-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
30-Sep-2006 [#3]
Profit Trend
QoQ- 18.68%
YoY- 12.35%
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Annualized Quarter Result
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Revenue 18,634 15,324 15,887 14,126 13,136 11,092 14,897 16.14%
PBT 6,524 4,420 5,344 4,806 3,958 3,372 4,337 31.38%
Tax -490 -332 -349 -453 -290 -264 -314 34.64%
NP 6,034 4,088 4,995 4,353 3,668 3,108 4,023 31.12%
-
NP to SH 6,034 4,088 4,995 4,353 3,668 3,108 4,023 31.12%
-
Tax Rate 7.51% 7.51% 6.53% 9.43% 7.33% 7.83% 7.24% -
Total Cost 12,600 11,236 10,892 9,773 9,468 7,984 10,874 10.34%
-
Net Worth 31,146 29,087 28,006 26,237 24,832 23,841 22,825 23.09%
Dividend
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Net Worth 31,146 29,087 28,006 26,237 24,832 23,841 22,825 23.09%
NOSH 98,594 98,269 98,027 98,048 98,074 98,354 97,338 0.86%
Ratio Analysis
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
NP Margin 32.38% 26.68% 31.44% 30.82% 27.92% 28.02% 27.01% -
ROE 19.37% 14.05% 17.84% 16.59% 14.77% 13.04% 17.62% -
Per Share
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
RPS 18.90 15.59 16.21 14.41 13.39 11.28 15.30 15.17%
EPS 6.12 4.16 5.09 4.44 3.74 3.16 4.13 30.07%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.3159 0.296 0.2857 0.2676 0.2532 0.2424 0.2345 22.04%
Adjusted Per Share Value based on latest NOSH - 98,082
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
RPS 0.36 0.30 0.31 0.28 0.26 0.22 0.29 15.55%
EPS 0.12 0.08 0.10 0.09 0.07 0.06 0.08 31.13%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0061 0.0057 0.0055 0.0051 0.0049 0.0047 0.0045 22.55%
Price Multiplier on Financial Quarter End Date
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Date 29/06/07 30/03/07 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 -
Price 0.65 0.50 0.39 0.30 0.36 0.37 0.28 -
P/RPS 3.44 3.21 2.41 2.08 2.69 3.28 1.83 52.48%
P/EPS 10.62 12.02 7.65 6.76 9.63 11.71 6.77 35.11%
EY 9.42 8.32 13.07 14.80 10.39 8.54 14.76 -25.93%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 2.06 1.69 1.37 1.12 1.42 1.53 1.19 44.31%
Price Multiplier on Announcement Date
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Date 20/08/07 16/05/07 13/02/07 15/11/06 14/08/06 27/04/06 28/02/06 -
Price 0.71 0.41 0.32 0.31 0.31 0.36 0.31 -
P/RPS 3.76 2.63 1.97 2.15 2.31 3.19 2.03 50.99%
P/EPS 11.60 9.86 6.28 6.98 8.29 11.39 7.50 33.84%
EY 8.62 10.15 15.92 14.32 12.06 8.78 13.33 -25.27%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 2.25 1.39 1.12 1.16 1.22 1.49 1.32 42.83%

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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