[HENGYUAN] QoQ Annualized Quarter Result on 30-Jun-2009 [#2]

Announcement Date
27-Aug-2009
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2009
Quarter
30-Jun-2009 [#2]
Profit Trend
QoQ- 58.15%
YoY- -30.44%
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Annualized Quarter Result
31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 CAGR
Revenue 9,935,864 8,945,794 8,649,582 8,274,054 7,320,884 13,086,128 14,123,426 -20.91%
PBT 308,312 388,305 567,106 871,520 575,148 -440,361 350,764 -8.24%
Tax -73,848 -98,376 -169,393 -219,906 -153,236 110,344 -93,302 -14.44%
NP 234,464 289,929 397,713 651,614 421,912 -330,017 257,461 -6.05%
-
NP to SH 234,464 289,929 397,713 667,274 421,912 -330,017 257,461 -6.05%
-
Tax Rate 23.95% 25.33% 29.87% 25.23% 26.64% - 26.60% -
Total Cost 9,701,400 8,655,865 8,251,869 7,622,440 6,898,972 13,416,145 13,865,965 -21.20%
-
Net Worth 2,157,013 2,098,085 2,151,331 2,186,775 1,800,159 1,920,494 2,443,869 -7.99%
Dividend
31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 CAGR
Div - 150,004 799 120,002 - 149,994 800 -
Div Payout % - 51.74% 0.20% 17.98% - 0.00% 0.31% -
Equity
31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 CAGR
Net Worth 2,157,013 2,098,085 2,151,331 2,186,775 1,800,159 1,920,494 2,443,869 -7.99%
NOSH 300,051 300,009 299,995 300,006 300,026 299,988 300,023 0.00%
Ratio Analysis
31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 CAGR
NP Margin 2.36% 3.24% 4.60% 7.88% 5.76% -2.52% 1.82% -
ROE 10.87% 13.82% 18.49% 30.51% 23.44% -17.18% 10.53% -
Per Share
31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 CAGR
RPS 3,311.38 2,981.84 2,883.23 2,757.96 2,440.08 4,362.21 4,707.44 -20.92%
EPS 78.16 96.64 132.57 217.20 140.64 -110.01 85.83 -6.05%
DPS 0.00 50.00 0.27 40.00 0.00 50.00 0.27 -
NAPS 7.1888 6.9934 7.1712 7.2891 6.00 6.4019 8.1456 -7.99%
Adjusted Per Share Value based on latest NOSH - 299,995
31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 CAGR
RPS 3,312.30 2,982.24 2,883.49 2,758.30 2,440.55 4,362.49 4,708.29 -20.91%
EPS 78.16 96.65 132.58 222.45 140.65 -110.02 85.83 -6.05%
DPS 0.00 50.01 0.27 40.00 0.00 50.00 0.27 -
NAPS 7.1908 6.9943 7.1718 7.29 6.0011 6.4023 8.1471 -7.99%
Price Multiplier on Financial Quarter End Date
31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 CAGR
Date 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 -
Price 10.74 10.52 10.68 10.50 9.60 8.10 10.50 -
P/RPS 0.32 0.35 0.37 0.38 0.39 0.19 0.22 28.40%
P/EPS 13.74 10.89 8.06 4.72 6.83 -7.36 12.24 8.01%
EY 7.28 9.19 12.41 21.18 14.65 -13.58 8.17 -7.40%
DY 0.00 4.75 0.02 3.81 0.00 6.17 0.03 -
P/NAPS 1.49 1.50 1.49 1.44 1.60 1.27 1.29 10.09%
Price Multiplier on Announcement Date
31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 CAGR
Date 11/05/10 25/02/10 12/11/09 27/08/09 06/05/09 17/02/09 12/11/08 -
Price 10.80 10.70 10.80 10.50 10.10 8.70 10.00 -
P/RPS 0.33 0.36 0.37 0.38 0.41 0.20 0.21 35.20%
P/EPS 13.82 11.07 8.15 4.72 7.18 -7.91 11.65 12.07%
EY 7.24 9.03 12.28 21.18 13.92 -12.64 8.58 -10.71%
DY 0.00 4.67 0.02 3.81 0.00 5.75 0.03 -
P/NAPS 1.50 1.53 1.51 1.44 1.68 1.36 1.23 14.15%

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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