[ZHULIAN] QoQ Annualized Quarter Result on 31-Aug-2010 [#3]

Announcement Date
18-Oct-2010
Admission Sponsor
-
Sponsor
-
Financial Year
30-Nov-2010
Quarter
31-Aug-2010 [#3]
Profit Trend
QoQ- -2.54%
YoY- 9.49%
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Annualized Quarter Result
31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 28/02/10 30/11/09 CAGR
Revenue 357,820 344,892 322,611 316,953 328,494 345,308 315,275 8.81%
PBT 102,276 109,904 105,897 101,433 104,226 126,096 102,704 -0.27%
Tax -16,298 -21,996 -19,225 -18,193 -18,792 -26,892 -20,647 -14.60%
NP 85,978 87,908 86,672 83,240 85,434 99,204 82,057 3.16%
-
NP to SH 85,978 85,212 87,065 83,701 85,884 99,716 82,005 3.20%
-
Tax Rate 15.94% 20.01% 18.15% 17.94% 18.03% 21.33% 20.10% -
Total Cost 271,842 256,984 235,939 233,713 243,060 246,104 233,218 10.76%
-
Net Worth 366,440 34,833,524 351,939 341,427 335,395 327,628 320,119 9.43%
Dividend
31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 28/02/10 30/11/09 CAGR
Div 55,173 53,480 55,191 55,187 41,389 41,375 48,299 9.28%
Div Payout % 64.17% 62.76% 63.39% 65.93% 48.19% 41.49% 58.90% -
Equity
31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 28/02/10 30/11/09 CAGR
Net Worth 366,440 34,833,524 351,939 341,427 335,395 327,628 320,119 9.43%
NOSH 459,775 445,669 459,931 459,897 344,915 344,799 344,993 21.12%
Ratio Analysis
31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 28/02/10 30/11/09 CAGR
NP Margin 24.03% 25.49% 26.87% 26.26% 26.01% 28.73% 26.03% -
ROE 23.46% 0.24% 24.74% 24.52% 25.61% 30.44% 25.62% -
Per Share
31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 28/02/10 30/11/09 CAGR
RPS 77.82 77.39 70.14 68.92 95.24 100.15 91.39 -10.17%
EPS 18.70 19.12 18.93 18.20 24.90 28.92 23.77 -14.79%
DPS 12.00 12.00 12.00 12.00 12.00 12.00 14.00 -9.77%
NAPS 0.797 78.16 0.7652 0.7424 0.9724 0.9502 0.9279 -9.64%
Adjusted Per Share Value based on latest NOSH - 460,185
31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 28/02/10 30/11/09 CAGR
RPS 77.94 75.12 70.27 69.04 71.55 75.22 68.67 8.81%
EPS 18.73 18.56 18.96 18.23 18.71 21.72 17.86 3.22%
DPS 12.02 11.65 12.02 12.02 9.02 9.01 10.52 9.30%
NAPS 0.7982 75.875 0.7666 0.7437 0.7306 0.7136 0.6973 9.43%
Price Multiplier on Financial Quarter End Date
31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 28/02/10 30/11/09 CAGR
Date 31/05/11 28/02/11 30/11/10 30/08/10 31/05/10 25/02/10 30/11/09 -
Price 1.70 1.72 1.73 1.85 2.44 2.00 1.53 -
P/RPS 2.18 2.22 2.47 2.68 2.56 2.00 1.67 19.46%
P/EPS 9.09 9.00 9.14 10.16 9.80 6.92 6.44 25.85%
EY 11.00 11.12 10.94 9.84 10.20 14.46 15.54 -20.59%
DY 7.06 6.98 6.94 6.49 4.92 6.00 9.15 -15.88%
P/NAPS 2.13 0.02 2.26 2.49 2.51 2.10 1.65 18.57%
Price Multiplier on Announcement Date
31/05/11 28/02/11 30/11/10 31/08/10 31/05/10 28/02/10 30/11/09 CAGR
Date 13/07/11 18/04/11 26/01/11 18/10/10 14/07/10 14/04/10 20/01/10 -
Price 1.75 1.78 1.74 1.92 2.73 2.29 1.81 -
P/RPS 2.25 2.30 2.48 2.79 2.87 2.29 1.98 8.90%
P/EPS 9.36 9.31 9.19 10.55 10.96 7.92 7.61 14.81%
EY 10.69 10.74 10.88 9.48 9.12 12.63 13.13 -12.81%
DY 6.86 6.74 6.90 6.25 4.40 5.24 7.73 -7.65%
P/NAPS 2.20 0.02 2.27 2.59 2.81 2.41 1.95 8.38%

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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