[SHANG] QoQ Quarter Result on 30-Sep-2004 [#3]

Announcement Date
09-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- 169.06%
YoY- 153.19%
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Quarter Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 62,795 67,668 65,298 91,062 74,290 80,702 75,186 -11.32%
PBT 18,105 8,038 -14,592 22,551 11,168 15,919 11,070 38.85%
Tax -1,870 -3,422 8,918 -3,440 -4,065 -5,518 -1,320 26.16%
NP 16,235 4,616 -5,674 19,111 7,103 10,401 9,750 40.52%
-
NP to SH 16,199 4,616 -5,674 19,111 7,103 10,401 9,750 40.32%
-
Tax Rate 10.33% 42.57% - 15.25% 36.40% 34.66% 11.92% -
Total Cost 46,560 63,052 70,972 71,951 67,187 70,301 65,436 -20.31%
-
Net Worth 880,913 881,599 1,112,807 1,118,477 1,147,068 1,150,280 1,133,108 -15.46%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div 13,213 - 19,793 - 13,235 - 15,371 -9.60%
Div Payout % 81.57% - 0.00% - 186.34% - 157.66% -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 880,913 881,599 1,112,807 1,118,477 1,147,068 1,150,280 1,133,108 -15.46%
NOSH 440,456 440,799 439,844 440,345 441,180 440,720 439,189 0.19%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 25.85% 6.82% -8.69% 20.99% 9.56% 12.89% 12.97% -
ROE 1.84% 0.52% -0.51% 1.71% 0.62% 0.90% 0.86% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 14.26 15.35 14.85 20.68 16.84 18.31 17.12 -11.48%
EPS 3.68 1.05 -1.29 4.34 1.61 2.36 2.22 40.10%
DPS 3.00 0.00 4.50 0.00 3.00 0.00 3.50 -9.77%
NAPS 2.00 2.00 2.53 2.54 2.60 2.61 2.58 -15.62%
Adjusted Per Share Value based on latest NOSH - 440,345
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 14.28 15.39 14.85 20.71 16.89 18.35 17.10 -11.33%
EPS 3.68 1.05 -1.29 4.35 1.62 2.37 2.22 40.10%
DPS 3.00 0.00 4.50 0.00 3.01 0.00 3.50 -9.77%
NAPS 2.0031 2.0046 2.5304 2.5433 2.6083 2.6156 2.5765 -15.46%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 1.28 1.25 1.22 1.25 1.06 1.25 1.10 -
P/RPS 8.98 8.14 8.22 6.04 6.29 6.83 6.43 24.96%
P/EPS 34.80 119.37 -94.57 28.80 65.84 52.97 49.55 -21.00%
EY 2.87 0.84 -1.06 3.47 1.52 1.89 2.02 26.40%
DY 2.34 0.00 3.69 0.00 2.83 0.00 3.18 -18.50%
P/NAPS 0.64 0.63 0.48 0.49 0.41 0.48 0.43 30.39%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 23/08/05 19/05/05 18/02/05 09/11/04 23/08/04 21/05/04 25/02/04 -
Price 1.30 1.32 1.35 1.22 1.20 1.20 1.14 -
P/RPS 9.12 8.60 9.09 5.90 7.13 6.55 6.66 23.33%
P/EPS 35.35 126.05 -104.65 28.11 74.53 50.85 51.35 -22.05%
EY 2.83 0.79 -0.96 3.56 1.34 1.97 1.95 28.21%
DY 2.31 0.00 3.33 0.00 2.50 0.00 3.07 -17.28%
P/NAPS 0.65 0.66 0.53 0.48 0.46 0.46 0.44 29.74%

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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