[HONGSENG] QoQ Annualized Quarter Result on 31-Dec-2006 [#4]

Announcement Date
13-Feb-2007
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Dec-2006 [#4]
Profit Trend
QoQ- 14.74%
YoY- 24.16%
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Annualized Quarter Result
30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 CAGR
Revenue 19,520 18,634 15,324 15,887 14,126 13,136 11,092 45.71%
PBT 6,672 6,524 4,420 5,344 4,806 3,958 3,372 57.54%
Tax -625 -490 -332 -349 -453 -290 -264 77.53%
NP 6,046 6,034 4,088 4,995 4,353 3,668 3,108 55.76%
-
NP to SH 6,046 6,034 4,088 4,995 4,353 3,668 3,108 55.76%
-
Tax Rate 9.37% 7.51% 7.51% 6.53% 9.43% 7.33% 7.83% -
Total Cost 13,473 12,600 11,236 10,892 9,773 9,468 7,984 41.69%
-
Net Worth 32,752 31,146 29,087 28,006 26,237 24,832 23,841 23.55%
Dividend
30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 CAGR
Div 13,173 - - - - - - -
Div Payout % 217.86% - - - - - - -
Equity
30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 CAGR
Net Worth 32,752 31,146 29,087 28,006 26,237 24,832 23,841 23.55%
NOSH 98,801 98,594 98,269 98,027 98,048 98,074 98,354 0.30%
Ratio Analysis
30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 CAGR
NP Margin 30.98% 32.38% 26.68% 31.44% 30.82% 27.92% 28.02% -
ROE 18.46% 19.37% 14.05% 17.84% 16.59% 14.77% 13.04% -
Per Share
30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 CAGR
RPS 19.76 18.90 15.59 16.21 14.41 13.39 11.28 45.26%
EPS 6.12 6.12 4.16 5.09 4.44 3.74 3.16 55.31%
DPS 13.33 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.3315 0.3159 0.296 0.2857 0.2676 0.2532 0.2424 23.18%
Adjusted Per Share Value based on latest NOSH - 98,333
30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 CAGR
RPS 0.38 0.36 0.30 0.31 0.28 0.26 0.22 43.91%
EPS 0.12 0.12 0.08 0.10 0.09 0.07 0.06 58.67%
DPS 0.26 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0064 0.0061 0.0057 0.0055 0.0051 0.0049 0.0047 22.83%
Price Multiplier on Financial Quarter End Date
30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 CAGR
Date 28/09/07 29/06/07 30/03/07 29/12/06 29/09/06 30/06/06 31/03/06 -
Price 0.69 0.65 0.50 0.39 0.30 0.36 0.37 -
P/RPS 3.49 3.44 3.21 2.41 2.08 2.69 3.28 4.22%
P/EPS 11.27 10.62 12.02 7.65 6.76 9.63 11.71 -2.51%
EY 8.87 9.42 8.32 13.07 14.80 10.39 8.54 2.55%
DY 19.32 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 2.08 2.06 1.69 1.37 1.12 1.42 1.53 22.69%
Price Multiplier on Announcement Date
30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 CAGR
Date 22/11/07 20/08/07 16/05/07 13/02/07 15/11/06 14/08/06 27/04/06 -
Price 0.94 0.71 0.41 0.32 0.31 0.31 0.36 -
P/RPS 4.76 3.76 2.63 1.97 2.15 2.31 3.19 30.54%
P/EPS 15.36 11.60 9.86 6.28 6.98 8.29 11.39 22.03%
EY 6.51 8.62 10.15 15.92 14.32 12.06 8.78 -18.06%
DY 14.18 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 2.84 2.25 1.39 1.12 1.16 1.22 1.49 53.66%

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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