[HENGYUAN] QoQ Quarter Result on 30-Sep-2007 [#3]

Announcement Date
01-Nov-2007
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2007
Quarter
30-Sep-2007 [#3]
Profit Trend
QoQ- -23.49%
YoY- 90.77%
Quarter Report
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Quarter Result
30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 CAGR
Revenue 3,935,422 3,426,700 3,336,441 3,002,902 2,884,718 2,191,049 2,465,527 36.61%
PBT 484,596 163,509 214,668 171,471 231,938 190,553 -35,460 -
Tax -127,507 -40,960 -56,030 -42,642 -63,554 -53,187 34,517 -
NP 357,089 122,549 158,638 128,829 168,384 137,366 -943 -
-
NP to SH 357,089 122,549 158,638 128,829 168,384 137,366 -943 -
-
Tax Rate 26.31% 25.05% 26.10% 24.87% 27.40% 27.91% - -
Total Cost 3,578,333 3,304,151 3,177,803 2,874,073 2,716,334 2,053,683 2,466,470 28.18%
-
Net Worth 2,774,624 2,528,529 2,432,609 2,247,517 2,162,262 2,077,109 1,919,249 27.88%
Dividend
30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 CAGR
Div 59,999 - 1,499 - 59,997 - 1,139 1308.62%
Div Payout % 16.80% - 0.95% - 35.63% - 0.00% -
Equity
30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 CAGR
Net Worth 2,774,624 2,528,529 2,432,609 2,247,517 2,162,262 2,077,109 1,919,249 27.88%
NOSH 299,998 299,997 299,996 300,020 299,989 299,991 299,971 0.00%
Ratio Analysis
30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 CAGR
NP Margin 9.07% 3.58% 4.75% 4.29% 5.84% 6.27% -0.04% -
ROE 12.87% 4.85% 6.52% 5.73% 7.79% 6.61% -0.05% -
Per Share
30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 CAGR
RPS 1,311.81 1,142.24 1,112.16 1,000.90 961.61 730.37 821.92 36.61%
EPS 119.03 40.85 52.88 42.94 56.13 45.79 -0.31 -
DPS 20.00 0.00 0.50 0.00 20.00 0.00 0.38 1307.81%
NAPS 9.2488 8.4285 8.1088 7.4912 7.2078 6.9239 6.3981 27.87%
Adjusted Per Share Value based on latest NOSH - 300,020
30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 CAGR
RPS 1,311.94 1,142.35 1,112.26 1,001.07 961.67 730.42 821.93 36.61%
EPS 119.04 40.85 52.88 42.95 56.13 45.79 -0.31 -
DPS 20.00 0.00 0.50 0.00 20.00 0.00 0.38 1307.81%
NAPS 9.2497 8.4293 8.1095 7.4925 7.2083 6.9244 6.3982 27.88%
Price Multiplier on Financial Quarter End Date
30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 CAGR
Date 30/06/08 31/03/08 31/12/07 28/09/07 29/06/07 30/03/07 29/12/06 -
Price 10.90 10.90 11.30 11.00 10.40 11.00 10.60 -
P/RPS 0.83 0.95 1.02 1.10 1.08 1.51 1.29 -25.49%
P/EPS 9.16 26.68 21.37 25.62 18.53 24.02 -3,371.90 -
EY 10.92 3.75 4.68 3.90 5.40 4.16 -0.03 -
DY 1.83 0.00 0.04 0.00 1.92 0.00 0.04 1182.15%
P/NAPS 1.18 1.29 1.39 1.47 1.44 1.59 1.66 -20.36%
Price Multiplier on Announcement Date
30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 CAGR
Date 14/08/08 14/05/08 14/02/08 01/11/07 13/08/07 07/05/07 28/02/07 -
Price 10.80 11.30 11.50 11.60 10.80 10.70 10.20 -
P/RPS 0.82 0.99 1.03 1.16 1.12 1.47 1.24 -24.11%
P/EPS 9.07 27.66 21.75 27.01 19.24 23.37 -3,244.66 -
EY 11.02 3.62 4.60 3.70 5.20 4.28 -0.03 -
DY 1.85 0.00 0.04 0.00 1.85 0.00 0.04 1191.48%
P/NAPS 1.17 1.34 1.42 1.55 1.50 1.55 1.59 -18.50%

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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