[HONGSENG] QoQ Annualized Quarter Result on 31-Mar-2007 [#1]

Announcement Date
16-May-2007
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2007
Quarter
31-Mar-2007 [#1]
Profit Trend
QoQ- -18.16%
YoY- 31.53%
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Annualized Quarter Result
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Revenue 20,852 19,520 18,634 15,324 15,887 14,126 13,136 35.96%
PBT 6,897 6,672 6,524 4,420 5,344 4,806 3,958 44.66%
Tax -476 -625 -490 -332 -349 -453 -290 39.02%
NP 6,421 6,046 6,034 4,088 4,995 4,353 3,668 45.10%
-
NP to SH 6,421 6,046 6,034 4,088 4,995 4,353 3,668 45.10%
-
Tax Rate 6.90% 9.37% 7.51% 7.51% 6.53% 9.43% 7.33% -
Total Cost 14,431 13,473 12,600 11,236 10,892 9,773 9,468 32.34%
-
Net Worth 24,688 32,752 31,146 29,087 28,006 26,237 24,832 -0.38%
Dividend
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Div - 13,173 - - - - - -
Div Payout % - 217.86% - - - - - -
Equity
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Net Worth 24,688 32,752 31,146 29,087 28,006 26,237 24,832 -0.38%
NOSH 99,030 98,801 98,594 98,269 98,027 98,048 98,074 0.64%
Ratio Analysis
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
NP Margin 30.79% 30.98% 32.38% 26.68% 31.44% 30.82% 27.92% -
ROE 26.01% 18.46% 19.37% 14.05% 17.84% 16.59% 14.77% -
Per Share
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
RPS 21.06 19.76 18.90 15.59 16.21 14.41 13.39 35.13%
EPS 4.32 6.12 6.12 4.16 5.09 4.44 3.74 10.05%
DPS 0.00 13.33 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.2493 0.3315 0.3159 0.296 0.2857 0.2676 0.2532 -1.02%
Adjusted Per Share Value based on latest NOSH - 98,269
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
RPS 0.41 0.38 0.36 0.30 0.31 0.28 0.26 35.36%
EPS 0.13 0.12 0.12 0.08 0.10 0.09 0.07 50.91%
DPS 0.00 0.26 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0048 0.0064 0.0061 0.0057 0.0055 0.0051 0.0049 -1.36%
Price Multiplier on Financial Quarter End Date
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Date 31/12/07 28/09/07 29/06/07 30/03/07 29/12/06 29/09/06 30/06/06 -
Price 0.91 0.69 0.65 0.50 0.39 0.30 0.36 -
P/RPS 4.32 3.49 3.44 3.21 2.41 2.08 2.69 37.01%
P/EPS 14.03 11.27 10.62 12.02 7.65 6.76 9.63 28.42%
EY 7.13 8.87 9.42 8.32 13.07 14.80 10.39 -22.14%
DY 0.00 19.32 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 3.65 2.08 2.06 1.69 1.37 1.12 1.42 87.32%
Price Multiplier on Announcement Date
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Date 28/02/08 22/11/07 20/08/07 16/05/07 13/02/07 15/11/06 14/08/06 -
Price 0.70 0.94 0.71 0.41 0.32 0.31 0.31 -
P/RPS 3.32 4.76 3.76 2.63 1.97 2.15 2.31 27.27%
P/EPS 10.80 15.36 11.60 9.86 6.28 6.98 8.29 19.22%
EY 9.26 6.51 8.62 10.15 15.92 14.32 12.06 -16.10%
DY 0.00 14.18 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 2.81 2.84 2.25 1.39 1.12 1.16 1.22 74.14%

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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