[SHANG] QoQ Annualized Quarter Result on 30-Sep-2009 [#3]

Announcement Date
05-Nov-2009
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2009
Quarter
30-Sep-2009 [#3]
Profit Trend
QoQ- 30.0%
YoY- -40.61%
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Annualized Quarter Result
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Revenue 397,394 398,528 367,371 349,464 338,082 361,832 415,447 -2.92%
PBT 85,406 86,432 51,505 51,296 39,804 56,048 71,474 12.64%
Tax -11,622 -10,704 -7,278 -8,053 -6,720 -8,348 -13,690 -10.36%
NP 73,784 75,728 44,227 43,242 33,084 47,700 57,784 17.75%
-
NP to SH 64,856 66,464 35,353 34,594 26,612 40,516 49,267 20.17%
-
Tax Rate 13.61% 12.38% 14.13% 15.70% 16.88% 14.89% 19.15% -
Total Cost 323,610 322,800 323,144 306,221 304,998 314,132 357,663 -6.46%
-
Net Worth 764,191 764,160 748,708 738,449 737,117 750,118 739,136 2.25%
Dividend
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Div 26,400 - 35,220 17,590 26,435 - 21,994 12.98%
Div Payout % 40.71% - 99.63% 50.85% 99.34% - 44.64% -
Equity
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Net Worth 764,191 764,160 748,708 738,449 737,117 750,118 739,136 2.25%
NOSH 440,000 439,576 440,261 439,762 440,596 440,391 439,883 0.01%
Ratio Analysis
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
NP Margin 18.57% 19.00% 12.04% 12.37% 9.79% 13.18% 13.91% -
ROE 8.49% 8.70% 4.72% 4.68% 3.61% 5.40% 6.67% -
Per Share
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
RPS 90.32 90.66 83.44 79.47 76.73 82.16 94.44 -2.93%
EPS 14.74 15.12 8.03 7.87 6.04 9.20 11.20 20.15%
DPS 6.00 0.00 8.00 4.00 6.00 0.00 5.00 12.96%
NAPS 1.7368 1.7384 1.7006 1.6792 1.673 1.7033 1.6803 2.23%
Adjusted Per Share Value based on latest NOSH - 440,418
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
RPS 90.32 90.57 83.49 79.42 76.84 82.23 94.42 -2.92%
EPS 14.74 15.11 8.03 7.86 6.05 9.21 11.20 20.15%
DPS 6.00 0.00 8.00 4.00 6.01 0.00 5.00 12.96%
NAPS 1.7368 1.7367 1.7016 1.6783 1.6753 1.7048 1.6799 2.25%
Price Multiplier on Financial Quarter End Date
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Date 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 -
Price 2.20 1.90 1.83 1.81 1.70 1.55 1.65 -
P/RPS 2.44 2.10 2.19 2.28 2.22 1.89 1.75 24.88%
P/EPS 14.93 12.57 22.79 23.01 28.15 16.85 14.73 0.90%
EY 6.70 7.96 4.39 4.35 3.55 5.94 6.79 -0.88%
DY 2.73 0.00 4.37 2.21 3.53 0.00 3.03 -6.73%
P/NAPS 1.27 1.09 1.08 1.08 1.02 0.91 0.98 18.92%
Price Multiplier on Announcement Date
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Date 25/08/10 20/05/10 24/02/10 05/11/09 26/08/09 21/05/09 24/02/09 -
Price 2.70 2.15 1.78 1.86 1.82 1.90 1.72 -
P/RPS 2.99 2.37 2.13 2.34 2.37 2.31 1.82 39.35%
P/EPS 18.32 14.22 22.17 23.64 30.13 20.65 15.36 12.50%
EY 5.46 7.03 4.51 4.23 3.32 4.84 6.51 -11.09%
DY 2.22 0.00 4.49 2.15 3.30 0.00 2.91 -16.55%
P/NAPS 1.55 1.24 1.05 1.11 1.09 1.12 1.02 32.27%

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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