[HENGYUAN] QoQ Cumulative Quarter Result on 31-Mar-2009 [#1]

Announcement Date
06-May-2009
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2009
Quarter
31-Mar-2009 [#1]
Profit Trend
QoQ- 131.96%
YoY- -13.93%
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Cumulative Result
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Revenue 8,945,794 6,487,187 4,137,027 1,830,221 13,086,128 10,592,570 7,362,122 13.82%
PBT 388,305 425,330 435,760 143,787 -440,361 263,073 648,106 -28.86%
Tax -98,376 -127,045 -109,953 -38,309 110,344 -69,977 -168,467 -30.06%
NP 289,929 298,285 325,807 105,478 -330,017 193,096 479,639 -28.44%
-
NP to SH 289,929 298,285 333,637 105,478 -330,017 193,096 479,639 -28.44%
-
Tax Rate 25.33% 29.87% 25.23% 26.64% - 26.60% 25.99% -
Total Cost 8,655,865 6,188,902 3,811,220 1,724,743 13,416,145 10,399,474 6,882,483 16.46%
-
Net Worth 2,098,085 2,151,331 2,186,775 1,800,159 1,920,494 2,443,869 2,774,622 -16.95%
Dividend
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Div 150,004 599 60,001 - 149,994 600 59,999 83.89%
Div Payout % 51.74% 0.20% 17.98% - 0.00% 0.31% 12.51% -
Equity
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Net Worth 2,098,085 2,151,331 2,186,775 1,800,159 1,920,494 2,443,869 2,774,622 -16.95%
NOSH 300,009 299,995 300,006 300,026 299,988 300,023 299,998 0.00%
Ratio Analysis
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
NP Margin 3.24% 4.60% 7.88% 5.76% -2.52% 1.82% 6.51% -
ROE 13.82% 13.87% 15.26% 5.86% -17.18% 7.90% 17.29% -
Per Share
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 2,981.84 2,162.42 1,378.98 610.02 4,362.21 3,530.58 2,454.06 13.82%
EPS 96.64 99.43 108.60 35.16 -110.01 64.37 159.88 -28.44%
DPS 50.00 0.20 20.00 0.00 50.00 0.20 20.00 83.89%
NAPS 6.9934 7.1712 7.2891 6.00 6.4019 8.1456 9.2488 -16.95%
Adjusted Per Share Value based on latest NOSH - 300,026
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 2,981.93 2,162.40 1,379.01 610.07 4,362.04 3,530.86 2,454.04 13.82%
EPS 96.64 99.43 111.21 35.16 -110.01 64.37 159.88 -28.44%
DPS 50.00 0.20 20.00 0.00 50.00 0.20 20.00 83.89%
NAPS 6.9936 7.1711 7.2893 6.0005 6.4016 8.1462 9.2487 -16.95%
Price Multiplier on Financial Quarter End Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 -
Price 10.52 10.68 10.50 9.60 8.10 10.50 10.90 -
P/RPS 0.35 0.49 0.76 1.57 0.19 0.30 0.44 -14.11%
P/EPS 10.89 10.74 9.44 27.31 -7.36 16.31 6.82 36.49%
EY 9.19 9.31 10.59 3.66 -13.58 6.13 14.67 -26.72%
DY 4.75 0.02 1.90 0.00 6.17 0.02 1.83 88.54%
P/NAPS 1.50 1.49 1.44 1.60 1.27 1.29 1.18 17.29%
Price Multiplier on Announcement Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 25/02/10 12/11/09 27/08/09 06/05/09 17/02/09 12/11/08 14/08/08 -
Price 10.70 10.80 10.50 10.10 8.70 10.00 10.80 -
P/RPS 0.36 0.50 0.76 1.66 0.20 0.28 0.44 -12.48%
P/EPS 11.07 10.86 9.44 28.73 -7.91 15.54 6.76 38.80%
EY 9.03 9.21 10.59 3.48 -12.64 6.44 14.80 -27.99%
DY 4.67 0.02 1.90 0.00 5.75 0.02 1.85 85.08%
P/NAPS 1.53 1.51 1.44 1.68 1.36 1.23 1.17 19.52%

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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