[HENGYUAN] QoQ Annualized Quarter Result on 30-Sep-2011 [#3]

Announcement Date
01-Nov-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
30-Sep-2011 [#3]
Profit Trend
QoQ- -116.23%
YoY- -244.15%
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Annualized Quarter Result
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Revenue 14,529,012 14,814,204 11,212,679 10,519,978 9,640,154 12,813,028 10,376,396 25.18%
PBT -540,574 151,448 -163,813 -65,380 302,062 753,092 151,133 -
Tax 127,028 -36,760 38,069 30,377 -86,408 -210,928 -44,747 -
NP -413,546 114,688 -125,744 -35,002 215,654 542,164 106,386 -
-
NP to SH -413,546 114,688 -125,744 -35,002 215,654 542,164 106,386 -
-
Tax Rate - 24.27% - - 28.61% 28.01% 29.61% -
Total Cost 14,942,558 14,699,516 11,338,423 10,554,981 9,424,500 12,270,864 10,270,010 28.43%
-
Net Worth 1,601,880 1,837,320 1,853,876 1,953,298 2,132,238 2,227,456 2,092,018 -16.31%
Dividend
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Div 30,000 - 120,013 80,006 120,007 - 150,008 -65.83%
Div Payout % 0.00% - 0.00% 0.00% 55.65% - 141.00% -
Equity
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Net Worth 1,601,880 1,837,320 1,853,876 1,953,298 2,132,238 2,227,456 2,092,018 -16.31%
NOSH 300,000 300,000 300,000 300,022 300,019 300,002 300,016 -0.00%
Ratio Analysis
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
NP Margin -2.85% 0.77% -1.12% -0.33% 2.24% 4.23% 1.03% -
ROE -25.82% 6.24% -6.78% -1.79% 10.11% 24.34% 5.09% -
Per Share
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
RPS 4,843.00 4,938.07 3,737.14 3,506.39 3,213.18 4,270.98 3,458.60 25.18%
EPS -137.84 38.24 -41.91 -11.67 71.88 180.72 35.46 -
DPS 10.00 0.00 40.00 26.67 40.00 0.00 50.00 -65.83%
NAPS 5.3396 6.1244 6.1789 6.5105 7.107 7.4248 6.973 -16.31%
Adjusted Per Share Value based on latest NOSH - 300,020
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
RPS 4,843.00 4,938.07 3,737.14 3,506.66 3,213.38 4,271.01 3,458.80 25.18%
EPS -137.84 38.24 -41.91 -11.67 71.88 180.72 35.46 -
DPS 10.00 0.00 40.00 26.67 40.00 0.00 50.00 -65.83%
NAPS 5.3396 6.1244 6.1789 6.511 7.1075 7.4249 6.9734 -16.31%
Price Multiplier on Financial Quarter End Date
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Date 29/06/12 30/03/12 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 -
Price 9.20 10.20 9.18 9.50 10.48 10.80 10.76 -
P/RPS 0.19 0.21 0.25 0.27 0.33 0.25 0.31 -27.86%
P/EPS -6.67 26.68 -21.90 -81.43 14.58 5.98 30.34 -
EY -14.98 3.75 -4.57 -1.23 6.86 16.73 3.30 -
DY 1.09 0.00 4.36 2.81 3.82 0.00 4.65 -62.01%
P/NAPS 1.72 1.67 1.49 1.46 1.47 1.45 1.54 7.65%
Price Multiplier on Announcement Date
30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 CAGR
Date 13/08/12 14/05/12 17/02/12 01/11/11 10/08/11 10/05/11 24/02/11 -
Price 9.30 10.00 9.80 9.60 10.00 10.84 10.30 -
P/RPS 0.19 0.20 0.26 0.27 0.31 0.25 0.30 -26.27%
P/EPS -6.75 26.16 -23.38 -82.29 13.91 6.00 29.05 -
EY -14.82 3.82 -4.28 -1.22 7.19 16.67 3.44 -
DY 1.08 0.00 4.08 2.78 4.00 0.00 4.85 -63.29%
P/NAPS 1.74 1.63 1.59 1.47 1.41 1.46 1.48 11.40%

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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