[HWANG] QoQ Annualized Quarter Result on 31-Jan-2011 [#2]

Announcement Date
28-Mar-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jul-2011
Quarter
31-Jan-2011 [#2]
Profit Trend
QoQ- 3.91%
YoY- 34.79%
Quarter Report
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Annualized Quarter Result
31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 CAGR
Revenue 333,728 399,333 405,004 411,948 385,464 346,942 344,350 -2.06%
PBT 84,556 119,651 116,309 125,706 120,292 85,742 93,044 -6.16%
Tax -22,376 -28,187 -28,930 -31,440 -30,032 -21,308 -25,496 -8.31%
NP 62,180 91,464 87,378 94,266 90,260 64,434 67,548 -5.35%
-
NP to SH 56,600 86,614 82,893 89,340 85,976 60,874 64,149 -7.98%
-
Tax Rate 26.46% 23.56% 24.87% 25.01% 24.97% 24.85% 27.40% -
Total Cost 271,548 307,869 317,625 317,682 295,204 282,508 276,802 -1.26%
-
Net Worth 885,286 869,966 846,960 841,867 829,637 808,761 798,465 7.10%
Dividend
31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 CAGR
Div - 25,512 17,007 25,511 - 19,134 8,503 -
Div Payout % - 29.46% 20.52% 28.56% - 31.43% 13.26% -
Equity
31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 CAGR
Net Worth 885,286 869,966 846,960 841,867 829,637 808,761 798,465 7.10%
NOSH 255,125 255,122 255,108 255,111 255,273 255,129 255,100 0.00%
Ratio Analysis
31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 CAGR
NP Margin 18.63% 22.90% 21.57% 22.88% 23.42% 18.57% 19.62% -
ROE 6.39% 9.96% 9.79% 10.61% 10.36% 7.53% 8.03% -
Per Share
31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 CAGR
RPS 130.81 156.53 158.76 161.48 151.00 135.99 134.99 -2.06%
EPS 22.20 33.95 32.49 35.02 33.68 23.86 25.15 -7.96%
DPS 0.00 10.00 6.67 10.00 0.00 7.50 3.33 -
NAPS 3.47 3.41 3.32 3.30 3.25 3.17 3.13 7.09%
Adjusted Per Share Value based on latest NOSH - 255,242
31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 CAGR
RPS 130.73 156.43 158.65 161.37 150.99 135.90 134.89 -2.06%
EPS 22.17 33.93 32.47 35.00 33.68 23.85 25.13 -7.99%
DPS 0.00 9.99 6.66 9.99 0.00 7.50 3.33 -
NAPS 3.4679 3.4078 3.3177 3.2978 3.2499 3.1681 3.1278 7.10%
Price Multiplier on Financial Quarter End Date
31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 CAGR
Date 31/10/11 29/07/11 29/04/11 31/01/11 29/10/10 30/07/10 30/04/10 -
Price 2.21 2.49 2.46 2.60 2.00 1.65 1.72 -
P/RPS 1.69 1.59 1.55 1.61 1.32 1.21 1.27 20.91%
P/EPS 9.96 7.33 7.57 7.42 5.94 6.92 6.84 28.38%
EY 10.04 13.63 13.21 13.47 16.84 14.46 14.62 -22.10%
DY 0.00 4.02 2.71 3.85 0.00 4.55 1.94 -
P/NAPS 0.64 0.73 0.74 0.79 0.62 0.52 0.55 10.60%
Price Multiplier on Announcement Date
31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 31/07/10 30/04/10 CAGR
Date 08/12/11 27/09/11 08/06/11 28/03/11 13/12/10 29/09/10 18/06/10 -
Price 2.33 2.00 2.51 2.25 2.40 1.79 1.60 -
P/RPS 1.78 1.28 1.58 1.39 1.59 1.32 1.19 30.69%
P/EPS 10.50 5.89 7.72 6.42 7.13 7.50 6.36 39.55%
EY 9.52 16.98 12.95 15.56 14.03 13.33 15.72 -28.35%
DY 0.00 5.00 2.66 4.44 0.00 4.19 2.08 -
P/NAPS 0.67 0.59 0.76 0.68 0.74 0.56 0.51 19.89%

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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