[SHANG] QoQ Annualized Quarter Result on 30-Sep-2010 [#3]

Announcement Date
09-Nov-2010
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
30-Sep-2010 [#3]
Profit Trend
QoQ- 14.97%
YoY- 115.53%
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Annualized Quarter Result
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Revenue 428,622 450,572 422,002 414,190 397,394 398,528 367,371 10.85%
PBT 89,528 109,800 91,282 95,468 85,406 86,432 51,505 44.71%
Tax -23,198 -26,136 -11,785 -10,666 -11,622 -10,704 -7,278 117.04%
NP 66,330 83,664 79,497 84,801 73,784 75,728 44,227 31.12%
-
NP to SH 59,682 74,752 69,959 74,562 64,856 66,464 35,353 41.91%
-
Tax Rate 25.91% 23.80% 12.91% 11.17% 13.61% 12.38% 14.13% -
Total Cost 362,292 366,908 342,505 329,389 323,610 322,800 323,144 7.94%
-
Net Worth 439,795 440,342 791,812 777,760 764,191 764,160 748,708 -29.92%
Dividend
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Div 26,387 - 39,599 17,599 26,400 - 35,220 -17.55%
Div Payout % 44.21% - 56.60% 23.60% 40.71% - 99.63% -
Equity
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Net Worth 439,795 440,342 791,812 777,760 764,191 764,160 748,708 -29.92%
NOSH 439,795 440,342 439,993 439,984 440,000 439,576 440,261 -0.07%
Ratio Analysis
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
NP Margin 15.48% 18.57% 18.84% 20.47% 18.57% 19.00% 12.04% -
ROE 13.57% 16.98% 8.84% 9.59% 8.49% 8.70% 4.72% -
Per Share
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
RPS 97.46 102.32 95.91 94.14 90.32 90.66 83.44 10.94%
EPS 13.56 17.00 15.90 16.95 14.74 15.12 8.03 41.94%
DPS 6.00 0.00 9.00 4.00 6.00 0.00 8.00 -17.49%
NAPS 1.00 1.00 1.7996 1.7677 1.7368 1.7384 1.7006 -29.87%
Adjusted Per Share Value based on latest NOSH - 439,962
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
RPS 97.41 102.40 95.91 94.13 90.32 90.57 83.49 10.85%
EPS 13.56 16.99 15.90 16.95 14.74 15.11 8.03 41.94%
DPS 6.00 0.00 9.00 4.00 6.00 0.00 8.00 -17.49%
NAPS 0.9995 1.0008 1.7996 1.7676 1.7368 1.7367 1.7016 -29.93%
Price Multiplier on Financial Quarter End Date
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Date 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 31/03/10 31/12/09 -
Price 2.82 2.65 2.67 2.96 2.20 1.90 1.83 -
P/RPS 2.89 2.59 2.78 3.14 2.44 2.10 2.19 20.37%
P/EPS 20.78 15.61 16.79 17.47 14.93 12.57 22.79 -5.98%
EY 4.81 6.41 5.96 5.73 6.70 7.96 4.39 6.29%
DY 2.13 0.00 3.37 1.35 2.73 0.00 4.37 -38.14%
P/NAPS 2.82 2.65 1.48 1.67 1.27 1.09 1.08 89.95%
Price Multiplier on Announcement Date
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Date 25/08/11 20/05/11 25/02/11 09/11/10 25/08/10 20/05/10 24/02/10 -
Price 2.59 2.65 2.63 2.81 2.70 2.15 1.78 -
P/RPS 2.66 2.59 2.74 2.98 2.99 2.37 2.13 16.01%
P/EPS 19.09 15.61 16.54 16.58 18.32 14.22 22.17 -9.51%
EY 5.24 6.41 6.05 6.03 5.46 7.03 4.51 10.54%
DY 2.32 0.00 3.42 1.42 2.22 0.00 4.49 -35.68%
P/NAPS 2.59 2.65 1.46 1.59 1.55 1.24 1.05 82.86%

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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