[HONGSENG] QoQ Cumulative Quarter Result on 31-Dec-2010 [#4]

Announcement Date
23-Feb-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Dec-2010 [#4]
Profit Trend
QoQ- 38.64%
YoY- -4.38%
Quarter Report
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Cumulative Result
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Revenue 34,009 20,016 10,156 46,575 33,478 19,761 11,674 103.84%
PBT 6,316 4,180 2,801 11,409 8,222 4,696 3,727 42.09%
Tax 218 -176 -182 -794 -530 -170 -219 -
NP 6,534 4,004 2,619 10,615 7,692 4,526 3,508 51.32%
-
NP to SH 6,341 3,902 2,572 10,502 7,575 4,409 3,221 57.01%
-
Tax Rate -3.45% 4.21% 6.50% 6.96% 6.45% 3.62% 5.88% -
Total Cost 27,475 16,012 7,537 35,960 25,786 15,235 8,166 124.37%
-
Net Worth 61,830 58,721 57,036 54,558 51,505 48,261 46,927 20.16%
Dividend
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Net Worth 61,830 58,721 57,036 54,558 51,505 48,261 46,927 20.16%
NOSH 239,283 239,386 238,148 238,140 237,460 237,043 235,109 1.17%
Ratio Analysis
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
NP Margin 19.21% 20.00% 25.79% 22.79% 22.98% 22.90% 30.05% -
ROE 10.26% 6.64% 4.51% 19.25% 14.71% 9.14% 6.86% -
Per Share
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 14.21 8.36 4.26 19.56 14.10 8.34 4.97 101.31%
EPS 2.65 1.63 1.08 4.41 3.19 1.86 1.37 55.18%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.2584 0.2453 0.2395 0.2291 0.2169 0.2036 0.1996 18.76%
Adjusted Per Share Value based on latest NOSH - 239,918
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 0.67 0.39 0.20 0.91 0.66 0.39 0.23 103.83%
EPS 0.12 0.08 0.05 0.21 0.15 0.09 0.06 58.67%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0121 0.0115 0.0112 0.0107 0.0101 0.0094 0.0092 20.02%
Price Multiplier on Financial Quarter End Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 31/03/10 -
Price 0.31 0.35 0.38 0.34 0.31 0.33 0.37 -
P/RPS 2.18 4.19 8.91 1.74 2.20 3.96 7.45 -55.89%
P/EPS 11.70 21.47 35.19 7.71 9.72 17.74 27.01 -42.72%
EY 8.55 4.66 2.84 12.97 10.29 5.64 3.70 74.69%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.20 1.43 1.59 1.48 1.43 1.62 1.85 -25.04%
Price Multiplier on Announcement Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 24/11/11 24/08/11 25/05/11 23/02/11 25/11/10 25/08/10 26/05/10 -
Price 0.34 0.32 0.37 0.38 0.38 0.31 0.32 -
P/RPS 2.39 3.83 8.68 1.94 2.70 3.72 6.44 -48.32%
P/EPS 12.83 19.63 34.26 8.62 11.91 16.67 23.36 -32.90%
EY 7.79 5.09 2.92 11.61 8.39 6.00 4.28 49.01%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.32 1.30 1.54 1.66 1.75 1.52 1.60 -12.02%

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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