[HENGYUAN] QoQ Annualized Quarter Result on 30-Sep-2008 [#3]

Announcement Date
12-Nov-2008
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2008
Quarter
30-Sep-2008 [#3]
Profit Trend
QoQ- -73.16%
YoY- -55.57%
Quarter Report
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Annualized Quarter Result
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Revenue 8,274,054 7,320,884 13,086,128 14,123,426 14,724,244 13,706,800 11,415,110 -19.32%
PBT 871,520 575,148 -440,361 350,764 1,296,212 654,036 794,212 6.39%
Tax -219,906 -153,236 110,344 -93,302 -336,934 -163,840 -200,994 6.18%
NP 651,614 421,912 -330,017 257,461 959,278 490,196 593,218 6.46%
-
NP to SH 667,274 421,912 -330,017 257,461 959,278 490,196 593,218 8.16%
-
Tax Rate 25.23% 26.64% - 26.60% 25.99% 25.05% 25.31% -
Total Cost 7,622,440 6,898,972 13,416,145 13,865,965 13,764,966 13,216,604 10,821,892 -20.85%
-
Net Worth 2,186,775 1,800,159 1,920,494 2,443,869 2,774,622 2,528,529 2,405,991 -6.17%
Dividend
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Div 120,002 - 149,994 800 119,999 - 2,099 1387.72%
Div Payout % 17.98% - 0.00% 0.31% 12.51% - 0.35% -
Equity
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Net Worth 2,186,775 1,800,159 1,920,494 2,443,869 2,774,622 2,528,529 2,405,991 -6.17%
NOSH 300,006 300,026 299,988 300,023 299,998 299,997 299,998 0.00%
Ratio Analysis
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
NP Margin 7.88% 5.76% -2.52% 1.82% 6.51% 3.58% 5.20% -
ROE 30.51% 23.44% -17.18% 10.53% 34.57% 19.39% 24.66% -
Per Share
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
RPS 2,757.96 2,440.08 4,362.21 4,707.44 4,908.11 4,568.97 3,805.05 -19.32%
EPS 217.20 140.64 -110.01 85.83 319.76 163.40 197.74 6.46%
DPS 40.00 0.00 50.00 0.27 40.00 0.00 0.70 1387.23%
NAPS 7.2891 6.00 6.4019 8.1456 9.2488 8.4285 8.02 -6.17%
Adjusted Per Share Value based on latest NOSH - 300,012
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
RPS 2,758.02 2,440.29 4,362.04 4,707.81 4,908.08 4,568.93 3,805.04 -19.32%
EPS 222.42 140.64 -110.01 85.82 319.76 163.40 197.74 8.16%
DPS 40.00 0.00 50.00 0.27 40.00 0.00 0.70 1387.23%
NAPS 7.2893 6.0005 6.4016 8.1462 9.2487 8.4284 8.02 -6.17%
Price Multiplier on Financial Quarter End Date
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Date 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 -
Price 10.50 9.60 8.10 10.50 10.90 10.90 11.30 -
P/RPS 0.38 0.39 0.19 0.22 0.22 0.24 0.30 17.08%
P/EPS 4.72 6.83 -7.36 12.24 3.41 6.67 5.71 -11.93%
EY 21.18 14.65 -13.58 8.17 29.34 14.99 17.50 13.58%
DY 3.81 0.00 6.17 0.03 3.67 0.00 0.06 1495.68%
P/NAPS 1.44 1.60 1.27 1.29 1.18 1.29 1.41 1.41%
Price Multiplier on Announcement Date
30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 CAGR
Date 27/08/09 06/05/09 17/02/09 12/11/08 14/08/08 14/05/08 14/02/08 -
Price 10.50 10.10 8.70 10.00 10.80 11.30 11.50 -
P/RPS 0.38 0.41 0.20 0.21 0.22 0.25 0.30 17.08%
P/EPS 4.72 7.18 -7.91 11.65 3.38 6.92 5.82 -13.04%
EY 21.18 13.92 -12.64 8.58 29.61 14.46 17.19 14.94%
DY 3.81 0.00 5.75 0.03 3.70 0.00 0.06 1495.68%
P/NAPS 1.44 1.68 1.36 1.23 1.17 1.34 1.43 0.46%

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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