[HENGYUAN] QoQ 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- 689.17%
YoY- 1609.86%
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Quarter Result
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Revenue 3,069,907 1,616,820 3,203,257 2,537,416 2,646,639 2,708,374 2,483,966 15.14%
PBT -200,066 -37,242 188,273 159,447 -26,403 -58,342 77,078 -
Tax 65,987 9,528 -52,732 -44,788 6,942 11,561 -18,462 -
NP -134,079 -27,714 135,541 114,659 -19,461 -46,781 58,616 -
-
NP to SH -134,079 -27,714 135,541 114,659 -19,461 -46,781 58,616 -
-
Tax Rate - - 28.01% 28.09% - - 23.95% -
Total Cost 3,203,986 1,644,534 3,067,716 2,422,757 2,666,100 2,755,155 2,425,350 20.37%
-
Net Worth 1,953,281 2,131,638 2,227,456 2,091,881 1,976,985 1,851,602 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 - 59,987 - 89,999 - 54,396 - -
Div Payout % - 0.00% - 78.49% - 0.00% - -
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 1,953,281 2,131,638 2,227,456 2,091,881 1,976,985 1,851,602 2,157,013 -6.39%
NOSH 300,020 299,935 300,002 299,997 299,861 271,982 300,051 -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 -4.37% -1.71% 4.23% 4.52% -0.74% -1.73% 2.36% -
ROE -6.86% -1.30% 6.09% 5.48% -0.98% -2.53% 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 1,023.23 539.06 1,067.74 845.81 882.62 995.79 827.85 15.15%
EPS -44.69 -9.24 45.18 38.22 -6.49 -15.59 19.54 -
DPS 0.00 20.00 0.00 30.00 0.00 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 1,023.41 539.00 1,067.86 845.89 882.30 902.88 828.07 15.15%
EPS -44.70 -9.24 45.18 38.22 -6.49 -15.60 19.54 -
DPS 0.00 20.00 0.00 30.00 0.00 18.13 0.00 -
NAPS 6.5116 7.1062 7.4256 6.9737 6.5906 6.1726 7.1908 -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 0.93 1.94 1.01 1.27 1.21 1.06 1.30 -19.99%
P/EPS -21.26 -113.42 23.90 28.15 -164.87 -61.63 54.98 -
EY -4.70 -0.88 4.18 3.55 -0.61 -1.62 1.82 -
DY 0.00 1.91 0.00 2.79 0.00 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 0.94 1.86 1.02 1.22 1.21 1.08 1.30 -19.42%
P/EPS -21.48 -108.23 23.99 26.95 -164.87 -62.33 55.28 -
EY -4.66 -0.92 4.17 3.71 -0.61 -1.60 1.81 -
DY 0.00 2.00 0.00 2.91 0.00 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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