[HONGSENG] QoQ TTM Result on 31-Mar-2010 [#1]

Announcement Date
26-May-2010
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Mar-2010 [#1]
Profit Trend
QoQ- 17.27%
YoY- 124.61%
Quarter Report
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TTM Result
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Revenue 46,576 49,878 48,142 47,061 44,266 33,743 27,733 41.15%
PBT 11,424 12,827 12,788 14,101 11,723 8,216 6,526 45.10%
Tax -795 -823 -693 -881 -536 -645 -584 22.76%
NP 10,629 12,004 12,095 13,220 11,187 7,571 5,942 47.20%
-
NP to SH 10,516 11,881 11,990 12,870 10,975 7,365 5,718 49.94%
-
Tax Rate 6.96% 6.42% 5.42% 6.25% 4.57% 7.85% 8.95% -
Total Cost 35,947 37,874 36,047 33,841 33,079 26,172 21,791 39.48%
-
Net Worth 54,965 52,023 48,375 46,927 43,075 0 0 -
Dividend
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Net Worth 54,965 52,023 48,375 46,927 43,075 0 0 -
NOSH 239,918 239,848 237,600 235,109 156,014 154,481 152,058 35.41%
Ratio Analysis
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
NP Margin 22.82% 24.07% 25.12% 28.09% 25.27% 22.44% 21.43% -
ROE 19.13% 22.84% 24.79% 27.43% 25.48% 0.00% 0.00% -
Per Share
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 19.41 20.80 20.26 20.02 28.37 21.84 18.24 4.22%
EPS 4.38 4.95 5.05 5.47 7.03 4.77 3.76 10.68%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.2291 0.2169 0.2036 0.1996 0.2761 0.00 0.00 -
Adjusted Per Share Value based on latest NOSH - 235,109
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 0.91 0.98 0.94 0.92 0.87 0.66 0.54 41.47%
EPS 0.21 0.23 0.23 0.25 0.21 0.14 0.11 53.71%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0108 0.0102 0.0095 0.0092 0.0084 0.00 0.00 -
Price Multiplier on Financial Quarter End Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 30/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 -
Price 0.34 0.31 0.33 0.37 0.52 0.52 0.46 -
P/RPS 1.75 1.49 1.63 1.85 1.83 2.38 2.52 -21.52%
P/EPS 7.76 6.26 6.54 6.76 7.39 10.91 12.23 -26.09%
EY 12.89 15.98 15.29 14.79 13.53 9.17 8.17 35.41%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.48 1.43 1.62 1.85 1.88 0.00 0.00 -
Price Multiplier on Announcement Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 23/02/11 25/11/10 25/08/10 26/05/10 23/02/10 30/11/09 26/08/09 -
Price 0.38 0.38 0.31 0.32 0.37 0.54 0.49 -
P/RPS 1.96 1.83 1.53 1.60 1.30 2.47 2.69 -18.98%
P/EPS 8.67 7.67 6.14 5.85 5.26 11.33 13.03 -23.72%
EY 11.53 13.04 16.28 17.11 19.01 8.83 7.67 31.12%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.66 1.75 1.52 1.60 1.34 0.00 0.00 -

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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