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

Announcement Date
24-Feb-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Dec-2010 [#4]
Profit Trend
QoQ- 1494.68%
YoY- -63.31%
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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 7,889,984 4,820,077 3,203,257 10,376,396 7,838,980 5,192,341 2,483,966 115.93%
PBT -49,035 151,031 188,273 151,133 -7,669 18,734 77,078 -
Tax 22,783 -43,204 -52,732 -44,747 41 -6,901 -18,462 -
NP -26,252 107,827 135,541 106,386 -7,628 11,833 58,616 -
-
NP to SH -26,252 107,827 135,541 106,386 -7,628 11,833 58,616 -
-
Tax Rate - 28.61% 28.01% 29.61% - 36.84% 23.95% -
Total Cost 7,916,236 4,712,250 3,067,716 10,270,010 7,846,608 5,180,508 2,425,350 119.87%
-
Net Worth 1,953,298 2,132,238 2,227,456 2,092,018 1,979,976 3,929,594 2,157,013 -6.39%
Dividend
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Div 60,004 60,003 - 150,008 600 115,443 - -
Div Payout % 0.00% 55.65% - 141.00% 0.00% 975.61% - -
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 1,953,298 2,132,238 2,227,456 2,092,018 1,979,976 3,929,594 2,157,013 -6.39%
NOSH 300,022 300,019 300,002 300,016 300,314 577,219 300,051 -0.00%
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 -0.33% 2.24% 4.23% 1.03% -0.10% 0.23% 2.36% -
ROE -1.34% 5.06% 6.09% 5.09% -0.39% 0.30% 2.72% -
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 2,629.79 1,606.59 1,067.74 3,458.60 2,610.25 899.54 827.85 115.94%
EPS -8.75 35.94 45.18 35.46 -2.54 3.94 19.54 -
DPS 20.00 20.00 0.00 50.00 0.20 20.00 0.00 -
NAPS 6.5105 7.107 7.4248 6.973 6.593 6.8078 7.1888 -6.38%
Adjusted Per Share Value based on latest NOSH - 299,997
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 2,629.99 1,606.69 1,067.75 3,458.80 2,612.99 1,730.78 827.99 115.93%
EPS -8.75 35.94 45.18 35.46 -2.54 3.94 19.54 -
DPS 20.00 20.00 0.00 50.00 0.20 38.48 0.00 -
NAPS 6.511 7.1075 7.4249 6.9734 6.5999 13.0987 7.19 -6.39%
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 9.50 10.48 10.80 10.76 10.70 10.60 10.74 -
P/RPS 0.36 0.65 1.01 0.31 0.41 1.18 1.30 -57.48%
P/EPS -108.57 29.16 23.90 30.34 -421.26 517.07 54.98 -
EY -0.92 3.43 4.18 3.30 -0.24 0.19 1.82 -
DY 2.11 1.91 0.00 4.65 0.02 1.89 0.00 -
P/NAPS 1.46 1.47 1.45 1.54 1.62 1.56 1.49 -1.34%
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 01/11/11 10/08/11 10/05/11 24/02/11 11/11/10 04/08/10 11/05/10 -
Price 9.60 10.00 10.84 10.30 10.70 10.72 10.80 -
P/RPS 0.37 0.62 1.02 0.30 0.41 1.19 1.30 -56.69%
P/EPS -109.71 27.82 23.99 29.05 -421.26 522.93 55.28 -
EY -0.91 3.59 4.17 3.44 -0.24 0.19 1.81 -
DY 2.08 2.00 0.00 4.85 0.02 1.87 0.00 -
P/NAPS 1.47 1.41 1.46 1.48 1.62 1.57 1.50 -1.33%

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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