[HONGSENG] QoQ Annualized Quarter Result on 31-Mar-2006 [#1]

Announcement Date
27-Apr-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Mar-2006 [#1]
Profit Trend
QoQ- -22.74%
YoY- -4.07%
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Annualized Quarter Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 15,887 14,126 13,136 11,092 14,897 14,280 13,206 13.07%
PBT 5,344 4,806 3,958 3,372 4,337 4,218 3,674 28.28%
Tax -349 -453 -290 -264 -314 -344 -316 6.82%
NP 4,995 4,353 3,668 3,108 4,023 3,874 3,358 30.21%
-
NP to SH 4,995 4,353 3,668 3,108 4,023 3,874 3,358 30.21%
-
Tax Rate 6.53% 9.43% 7.33% 7.83% 7.24% 8.16% 8.60% -
Total Cost 10,892 9,773 9,468 7,984 10,874 10,405 9,848 6.92%
-
Net Worth 28,006 26,237 24,832 23,841 22,825 19,914 18,672 30.93%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Net Worth 28,006 26,237 24,832 23,841 22,825 19,914 18,672 30.93%
NOSH 98,027 98,048 98,074 98,354 97,338 97,190 97,052 0.66%
Ratio Analysis
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
NP Margin 31.44% 30.82% 27.92% 28.02% 27.01% 27.13% 25.43% -
ROE 17.84% 16.59% 14.77% 13.04% 17.62% 19.46% 17.98% -
Per Share
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 16.21 14.41 13.39 11.28 15.30 14.69 13.61 12.32%
EPS 5.09 4.44 3.74 3.16 4.13 3.99 3.46 29.25%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.2857 0.2676 0.2532 0.2424 0.2345 0.2049 0.1924 30.06%
Adjusted Per Share Value based on latest NOSH - 98,354
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 0.31 0.28 0.26 0.22 0.29 0.28 0.26 12.40%
EPS 0.10 0.09 0.07 0.06 0.08 0.08 0.07 26.76%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0055 0.0051 0.0049 0.0047 0.0045 0.0039 0.0037 30.15%
Price Multiplier on Financial Quarter End Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 -
Price 0.39 0.30 0.36 0.37 0.28 0.30 0.28 -
P/RPS 2.41 2.08 2.69 3.28 1.83 2.04 2.06 10.99%
P/EPS 7.65 6.76 9.63 11.71 6.77 7.53 8.09 -3.64%
EY 13.07 14.80 10.39 8.54 14.76 13.29 12.36 3.78%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.37 1.12 1.42 1.53 1.19 1.46 1.46 -4.14%
Price Multiplier on Announcement Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 13/02/07 15/11/06 14/08/06 27/04/06 28/02/06 18/10/05 23/08/05 -
Price 0.32 0.31 0.31 0.36 0.31 0.29 0.31 -
P/RPS 1.97 2.15 2.31 3.19 2.03 1.97 2.28 -9.25%
P/EPS 6.28 6.98 8.29 11.39 7.50 7.27 8.96 -21.04%
EY 15.92 14.32 12.06 8.78 13.33 13.75 11.16 26.64%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.12 1.16 1.22 1.49 1.32 1.42 1.61 -21.43%

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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