[HWANG] QoQ Annualized Quarter Result on 31-Jul-2011 [#4]

Announcement Date
27-Sep-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jul-2011
Quarter
31-Jul-2011 [#4]
Profit Trend
QoQ- 4.49%
YoY- 42.28%
Quarter Report
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Annualized Quarter Result
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Revenue 379,905 349,944 333,728 399,333 405,004 411,948 385,464 -0.96%
PBT 95,016 88,800 84,556 119,651 116,309 125,706 120,292 -14.56%
Tax -23,597 -23,196 -22,376 -28,187 -28,930 -31,440 -30,032 -14.86%
NP 71,418 65,604 62,180 91,464 87,378 94,266 90,260 -14.46%
-
NP to SH 63,934 59,266 56,600 86,614 82,893 89,340 85,976 -17.93%
-
Tax Rate 24.83% 26.12% 26.46% 23.56% 24.87% 25.01% 24.97% -
Total Cost 308,486 284,340 271,548 307,869 317,625 317,682 295,204 2.98%
-
Net Worth 900,919 893,309 885,286 869,966 846,960 841,867 829,637 5.65%
Dividend
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Div 17,014 25,523 - 25,512 17,007 25,511 - -
Div Payout % 26.61% 43.07% - 29.46% 20.52% 28.56% - -
Equity
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Net Worth 900,919 893,309 885,286 869,966 846,960 841,867 829,637 5.65%
NOSH 255,217 255,231 255,125 255,122 255,108 255,111 255,273 -0.01%
Ratio Analysis
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
NP Margin 18.80% 18.75% 18.63% 22.90% 21.57% 22.88% 23.42% -
ROE 7.10% 6.63% 6.39% 9.96% 9.79% 10.61% 10.36% -
Per Share
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
RPS 148.86 137.11 130.81 156.53 158.76 161.48 151.00 -0.94%
EPS 25.05 23.22 22.20 33.95 32.49 35.02 33.68 -17.92%
DPS 6.67 10.00 0.00 10.00 6.67 10.00 0.00 -
NAPS 3.53 3.50 3.47 3.41 3.32 3.30 3.25 5.66%
Adjusted Per Share Value based on latest NOSH - 255,156
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
RPS 148.82 137.08 130.73 156.43 158.65 161.37 150.99 -0.96%
EPS 25.04 23.22 22.17 33.93 32.47 35.00 33.68 -17.94%
DPS 6.66 10.00 0.00 9.99 6.66 9.99 0.00 -
NAPS 3.5291 3.4993 3.4679 3.4078 3.3177 3.2978 3.2499 5.65%
Price Multiplier on Financial Quarter End Date
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Date 30/04/12 31/01/12 31/10/11 29/07/11 29/04/11 31/01/11 29/10/10 -
Price 2.39 2.30 2.21 2.49 2.46 2.60 2.00 -
P/RPS 1.61 1.68 1.69 1.59 1.55 1.61 1.32 14.17%
P/EPS 9.54 9.91 9.96 7.33 7.57 7.42 5.94 37.18%
EY 10.48 10.10 10.04 13.63 13.21 13.47 16.84 -27.12%
DY 2.79 4.35 0.00 4.02 2.71 3.85 0.00 -
P/NAPS 0.68 0.66 0.64 0.73 0.74 0.79 0.62 6.35%
Price Multiplier on Announcement Date
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Date 07/06/12 28/03/12 08/12/11 27/09/11 08/06/11 28/03/11 13/12/10 -
Price 2.37 2.39 2.33 2.00 2.51 2.25 2.40 -
P/RPS 1.59 1.74 1.78 1.28 1.58 1.39 1.59 0.00%
P/EPS 9.46 10.29 10.50 5.89 7.72 6.42 7.13 20.76%
EY 10.57 9.72 9.52 16.98 12.95 15.56 14.03 -17.21%
DY 2.81 4.18 0.00 5.00 2.66 4.44 0.00 -
P/NAPS 0.67 0.68 0.67 0.59 0.76 0.68 0.74 -6.41%

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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