[ZHULIAN] QoQ Annualized Quarter Result on 28-Feb-2011 [#1]

Announcement Date
18-Apr-2011
Admission Sponsor
-
Sponsor
-
Financial Year
30-Nov-2011
Quarter
28-Feb-2011 [#1]
Profit Trend
QoQ- -2.13%
YoY- -14.55%
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Annualized Quarter Result
30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 CAGR
Revenue 357,542 360,940 357,820 344,892 322,611 316,953 328,494 5.80%
PBT 115,072 107,874 102,276 109,904 105,897 101,433 104,226 6.81%
Tax -19,752 -18,128 -16,298 -21,996 -19,225 -18,193 -18,792 3.37%
NP 95,320 89,746 85,978 87,908 86,672 83,240 85,434 7.56%
-
NP to SH 95,320 89,746 85,978 85,212 87,065 83,701 85,884 7.18%
-
Tax Rate 17.16% 16.80% 15.94% 20.01% 18.15% 17.94% 18.03% -
Total Cost 262,222 271,193 271,842 256,984 235,939 233,713 243,060 5.18%
-
Net Worth 392,366 376,623 366,440 34,833,524 351,939 341,427 335,395 11.01%
Dividend
30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 CAGR
Div 55,204 55,209 55,173 53,480 55,191 55,187 41,389 21.14%
Div Payout % 57.92% 61.52% 64.17% 62.76% 63.39% 65.93% 48.19% -
Equity
30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 CAGR
Net Worth 392,366 376,623 366,440 34,833,524 351,939 341,427 335,395 11.01%
NOSH 460,038 460,082 459,775 445,669 459,931 459,897 344,915 21.14%
Ratio Analysis
30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 CAGR
NP Margin 26.66% 24.86% 24.03% 25.49% 26.87% 26.26% 26.01% -
ROE 24.29% 23.83% 23.46% 0.24% 24.74% 24.52% 25.61% -
Per Share
30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 CAGR
RPS 77.72 78.45 77.82 77.39 70.14 68.92 95.24 -12.66%
EPS 20.72 19.51 18.70 19.12 18.93 18.20 24.90 -11.52%
DPS 12.00 12.00 12.00 12.00 12.00 12.00 12.00 0.00%
NAPS 0.8529 0.8186 0.797 78.16 0.7652 0.7424 0.9724 -8.36%
Adjusted Per Share Value based on latest NOSH - 445,669
30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 CAGR
RPS 77.88 78.62 77.94 75.12 70.27 69.04 71.55 5.80%
EPS 20.76 19.55 18.73 18.56 18.96 18.23 18.71 7.17%
DPS 12.02 12.03 12.02 11.65 12.02 12.02 9.02 21.07%
NAPS 0.8547 0.8204 0.7982 75.875 0.7666 0.7437 0.7306 11.01%
Price Multiplier on Financial Quarter End Date
30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 CAGR
Date 30/11/11 29/08/11 31/05/11 28/02/11 30/11/10 30/08/10 31/05/10 -
Price 1.72 1.61 1.70 1.72 1.73 1.85 2.44 -
P/RPS 2.21 2.05 2.18 2.22 2.47 2.68 2.56 -9.32%
P/EPS 8.30 8.25 9.09 9.00 9.14 10.16 9.80 -10.47%
EY 12.05 12.12 11.00 11.12 10.94 9.84 10.20 11.74%
DY 6.98 7.45 7.06 6.98 6.94 6.49 4.92 26.23%
P/NAPS 2.02 1.97 2.13 0.02 2.26 2.49 2.51 -13.46%
Price Multiplier on Announcement Date
30/11/11 31/08/11 31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 CAGR
Date 19/01/12 14/10/11 13/07/11 18/04/11 26/01/11 18/10/10 14/07/10 -
Price 1.89 1.66 1.75 1.78 1.74 1.92 2.73 -
P/RPS 2.43 2.12 2.25 2.30 2.48 2.79 2.87 -10.49%
P/EPS 9.12 8.51 9.36 9.31 9.19 10.55 10.96 -11.52%
EY 10.96 11.75 10.69 10.74 10.88 9.48 9.12 13.02%
DY 6.35 7.23 6.86 6.74 6.90 6.25 4.40 27.67%
P/NAPS 2.22 2.03 2.20 0.02 2.27 2.59 2.81 -14.52%

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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