[HENGYUAN] QoQ Annualized Quarter Result on 31-Mar-2012 [#1]

Announcement Date
14-May-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2012
Quarter
31-Mar-2012 [#1]
Profit Trend
QoQ- 191.21%
YoY- -78.85%
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Annualized Quarter Result
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Revenue 15,086,427 14,918,529 14,529,012 14,814,204 11,212,679 10,519,978 9,640,154 34.61%
PBT -121,585 -168,930 -540,574 151,448 -163,813 -65,380 302,062 -
Tax 26,925 34,248 127,028 -36,760 38,069 30,377 -86,408 -
NP -94,660 -134,682 -413,546 114,688 -125,744 -35,002 215,654 -
-
NP to SH -48,277 -68,688 -413,546 114,688 -125,744 -35,002 215,654 -
-
Tax Rate - - - 24.27% - - 28.61% -
Total Cost 15,181,087 15,053,211 14,942,558 14,699,516 11,338,423 10,554,981 9,424,500 37.21%
-
Net Worth 1,704,749 1,696,409 1,601,880 1,837,320 1,853,876 1,953,298 2,132,238 -13.79%
Dividend
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Div 60,000 19,999 30,000 - 120,013 80,006 120,007 -36.87%
Div Payout % 0.00% 0.00% 0.00% - 0.00% 0.00% 55.65% -
Equity
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Net Worth 1,704,749 1,696,409 1,601,880 1,837,320 1,853,876 1,953,298 2,132,238 -13.79%
NOSH 300,000 300,000 300,000 300,000 300,000 300,022 300,019 -0.00%
Ratio Analysis
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
NP Margin -0.63% -0.90% -2.85% 0.77% -1.12% -0.33% 2.24% -
ROE -2.83% -4.05% -25.82% 6.24% -6.78% -1.79% 10.11% -
Per Share
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
RPS 5,028.81 4,972.84 4,843.00 4,938.07 3,737.14 3,506.39 3,213.18 34.61%
EPS -31.55 -44.89 -137.84 38.24 -41.91 -11.67 71.88 -
DPS 20.00 6.67 10.00 0.00 40.00 26.67 40.00 -36.87%
NAPS 5.6825 5.6547 5.3396 6.1244 6.1789 6.5105 7.107 -13.79%
Adjusted Per Share Value based on latest NOSH - 300,000
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
RPS 5,029.33 4,973.36 4,843.50 4,938.58 3,737.94 3,507.02 3,213.72 34.61%
EPS -16.09 -22.90 -137.86 38.23 -41.92 -11.67 71.89 -
DPS 20.00 6.67 10.00 0.00 40.01 26.67 40.01 -36.88%
NAPS 5.6831 5.6553 5.3402 6.125 6.1802 6.5117 7.1082 -13.79%
Price Multiplier on Financial Quarter End Date
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Date 31/12/12 28/09/12 29/06/12 30/03/12 30/12/11 30/09/11 30/06/11 -
Price 8.40 9.00 9.20 10.20 9.18 9.50 10.48 -
P/RPS 0.17 0.18 0.19 0.21 0.25 0.27 0.33 -35.60%
P/EPS -52.20 -39.31 -6.67 26.68 -21.90 -81.43 14.58 -
EY -1.92 -2.54 -14.98 3.75 -4.57 -1.23 6.86 -
DY 2.38 0.74 1.09 0.00 4.36 2.81 3.82 -26.94%
P/NAPS 1.48 1.59 1.72 1.67 1.49 1.46 1.47 0.45%
Price Multiplier on Announcement Date
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Date 27/02/13 07/11/12 13/08/12 14/05/12 17/02/12 01/11/11 10/08/11 -
Price 8.30 8.61 9.30 10.00 9.80 9.60 10.00 -
P/RPS 0.17 0.17 0.19 0.20 0.26 0.27 0.31 -32.88%
P/EPS -51.58 -37.60 -6.75 26.16 -23.38 -82.29 13.91 -
EY -1.94 -2.66 -14.82 3.82 -4.28 -1.22 7.19 -
DY 2.41 0.77 1.08 0.00 4.08 2.78 4.00 -28.55%
P/NAPS 1.46 1.52 1.74 1.63 1.59 1.47 1.41 2.33%

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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