[HUAYANG] QoQ TTM Result on 31-Mar-2015 [#4]

Announcement Date
22-May-2015
Admission Sponsor
-
Sponsor
-
Financial Year
31-Mar-2015
Quarter
31-Mar-2015 [#4]
Profit Trend
QoQ- -6.83%
YoY- 34.57%
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TTM Result
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Revenue 600,284 600,809 589,680 583,576 629,722 604,110 565,864 4.00%
PBT 160,908 164,113 161,063 153,451 162,502 146,771 128,290 16.25%
Tax -42,470 -44,894 -44,547 -42,884 -43,827 -39,328 -34,501 14.81%
NP 118,438 119,219 116,516 110,567 118,675 107,443 93,789 16.78%
-
NP to SH 118,438 119,219 116,516 110,567 118,675 107,443 93,789 16.78%
-
Tax Rate 26.39% 27.36% 27.66% 27.95% 26.97% 26.80% 26.89% -
Total Cost 481,846 481,590 473,164 473,009 511,047 496,667 472,075 1.37%
-
Net Worth 528,126 525,143 496,422 464,577 448,744 435,673 411,791 17.98%
Dividend
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Div 34,320 34,315 34,315 34,315 31,684 31,693 31,693 5.43%
Div Payout % 28.98% 28.78% 29.45% 31.04% 26.70% 29.50% 33.79% -
Equity
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Net Worth 528,126 525,143 496,422 464,577 448,744 435,673 411,791 17.98%
NOSH 264,063 263,891 264,054 263,964 263,967 264,044 263,969 0.02%
Ratio Analysis
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
NP Margin 19.73% 19.84% 19.76% 18.95% 18.85% 17.79% 16.57% -
ROE 22.43% 22.70% 23.47% 23.80% 26.45% 24.66% 22.78% -
Per Share
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
RPS 227.33 227.67 223.32 221.08 238.56 228.79 214.37 3.97%
EPS 44.85 45.18 44.13 41.89 44.96 40.69 35.53 16.75%
DPS 13.00 13.00 13.00 13.00 12.00 12.00 12.01 5.40%
NAPS 2.00 1.99 1.88 1.76 1.70 1.65 1.56 17.96%
Adjusted Per Share Value based on latest NOSH - 263,964
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
RPS 136.43 136.55 134.02 132.63 143.12 137.30 128.61 4.00%
EPS 26.92 27.10 26.48 25.13 26.97 24.42 21.32 16.77%
DPS 7.80 7.80 7.80 7.80 7.20 7.20 7.20 5.46%
NAPS 1.2003 1.1935 1.1282 1.0559 1.0199 0.9902 0.9359 17.98%
Price Multiplier on Financial Quarter End Date
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Date 31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 -
Price 1.85 1.81 1.92 2.06 2.05 2.34 2.25 -
P/RPS 0.81 0.80 0.86 0.93 0.86 1.02 1.05 -15.84%
P/EPS 4.12 4.01 4.35 4.92 4.56 5.75 6.33 -24.83%
EY 24.24 24.96 22.98 20.33 21.93 17.39 15.79 32.97%
DY 7.03 7.18 6.77 6.31 5.85 5.13 5.34 20.05%
P/NAPS 0.93 0.91 1.02 1.17 1.21 1.42 1.44 -25.22%
Price Multiplier on Announcement Date
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Date 20/01/16 21/10/15 13/07/15 22/05/15 21/01/15 23/10/14 16/07/14 -
Price 1.85 1.81 1.90 2.09 2.15 2.30 2.38 -
P/RPS 0.81 0.80 0.85 0.95 0.90 1.01 1.11 -18.89%
P/EPS 4.12 4.01 4.31 4.99 4.78 5.65 6.70 -27.62%
EY 24.24 24.96 23.22 20.04 20.91 17.69 14.93 38.01%
DY 7.03 7.18 6.84 6.22 5.58 5.22 5.04 24.76%
P/NAPS 0.93 0.91 1.01 1.19 1.26 1.39 1.53 -28.17%

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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