[HONGSENG] QoQ Quarter Result on 31-Dec-2005 [#4]

Announcement Date
28-Feb-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Dec-2005 [#4]
Profit Trend
QoQ- -6.19%
YoY- 44.36%
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Quarter Result
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Revenue 4,027 3,796 2,773 3,973 4,107 3,368 3,235 15.70%
PBT 1,626 1,137 843 1,209 1,328 933 904 47.84%
Tax -194 -80 -66 -57 -100 -64 -94 62.02%
NP 1,432 1,057 777 1,152 1,228 869 810 46.15%
-
NP to SH 1,432 1,057 777 1,152 1,228 869 810 46.15%
-
Tax Rate 11.93% 7.04% 7.83% 4.71% 7.53% 6.86% 10.40% -
Total Cost 2,595 2,739 1,996 2,821 2,879 2,499 2,425 4.61%
-
Net Worth 26,246 24,780 23,841 22,932 19,969 18,786 17,917 28.95%
Dividend
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Net Worth 26,246 24,780 23,841 22,932 19,969 18,786 17,917 28.95%
NOSH 98,082 97,870 98,354 97,627 97,460 97,640 97,590 0.33%
Ratio Analysis
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
NP Margin 35.56% 27.85% 28.02% 29.00% 29.90% 25.80% 25.04% -
ROE 5.46% 4.27% 3.26% 5.02% 6.15% 4.63% 4.52% -
Per Share
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
RPS 4.11 3.88 2.82 4.07 4.21 3.45 3.31 15.50%
EPS 1.46 1.08 0.79 1.18 1.26 0.89 0.83 45.66%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.2676 0.2532 0.2424 0.2349 0.2049 0.1924 0.1836 28.52%
Adjusted Per Share Value based on latest NOSH - 97,627
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
RPS 0.08 0.07 0.05 0.08 0.08 0.07 0.06 21.12%
EPS 0.03 0.02 0.02 0.02 0.02 0.02 0.02 31.00%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0051 0.0049 0.0047 0.0045 0.0039 0.0037 0.0035 28.49%
Price Multiplier on Financial Quarter End Date
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Date 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 31/03/05 -
Price 0.30 0.36 0.37 0.28 0.30 0.28 0.31 -
P/RPS 7.31 9.28 13.12 6.88 7.12 8.12 9.35 -15.12%
P/EPS 20.55 33.33 46.84 23.73 23.81 31.46 37.35 -32.83%
EY 4.87 3.00 2.14 4.21 4.20 3.18 2.68 48.85%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.12 1.42 1.53 1.19 1.46 1.46 1.69 -23.96%
Price Multiplier on Announcement Date
30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 CAGR
Date 15/11/06 14/08/06 27/04/06 28/02/06 18/10/05 23/08/05 10/05/05 -
Price 0.31 0.31 0.36 0.31 0.29 0.31 0.29 -
P/RPS 7.55 7.99 12.77 7.62 6.88 8.99 8.75 -9.35%
P/EPS 21.23 28.70 45.57 26.27 23.02 34.83 34.94 -28.23%
EY 4.71 3.48 2.19 3.81 4.34 2.87 2.86 39.41%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.16 1.22 1.49 1.32 1.42 1.61 1.58 -18.60%

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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