[SHANG] QoQ TTM Result on 30-Jun-2011 [#2]

Announcement Date
25-Aug-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
30-Jun-2011 [#2]
Profit Trend
QoQ- -6.47%
YoY- 23.68%
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TTM Result
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Revenue 426,215 429,731 436,668 437,616 435,013 422,002 415,916 1.64%
PBT 78,471 80,838 84,901 93,343 97,124 91,282 84,634 -4.91%
Tax -20,981 -21,307 -20,509 -17,573 -15,643 -11,785 -9,238 72.69%
NP 57,490 59,531 64,392 75,770 81,481 79,497 75,396 -16.52%
-
NP to SH 55,486 55,768 58,195 67,372 72,031 69,959 65,329 -10.30%
-
Tax Rate 26.74% 26.36% 24.16% 18.83% 16.11% 12.91% 10.92% -
Total Cost 368,725 370,200 372,276 361,846 353,532 342,505 340,520 5.44%
-
Net Worth 853,027 833,285 440,345 440,486 440,342 791,880 777,721 6.34%
Dividend
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Div 39,571 39,571 39,616 39,616 39,615 39,615 35,192 8.12%
Div Payout % 71.32% 70.96% 68.08% 58.80% 55.00% 56.63% 53.87% -
Equity
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Net Worth 853,027 833,285 440,345 440,486 440,342 791,880 777,721 6.34%
NOSH 440,000 440,000 440,345 440,486 440,342 440,031 439,962 0.00%
Ratio Analysis
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
NP Margin 13.49% 13.85% 14.75% 17.31% 18.73% 18.84% 18.13% -
ROE 6.50% 6.69% 13.22% 15.29% 16.36% 8.83% 8.40% -
Per Share
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
RPS 96.87 97.82 99.16 99.35 98.79 95.90 94.53 1.64%
EPS 12.61 12.70 13.22 15.29 16.36 15.90 14.85 -10.31%
DPS 9.00 9.00 9.00 9.00 9.00 9.00 8.00 8.16%
NAPS 1.9387 1.8969 1.00 1.00 1.00 1.7996 1.7677 6.34%
Adjusted Per Share Value based on latest NOSH - 440,486
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
RPS 96.87 97.67 99.24 99.46 98.87 95.91 94.53 1.64%
EPS 12.61 12.67 13.23 15.31 16.37 15.90 14.85 -10.31%
DPS 9.00 8.99 9.00 9.00 9.00 9.00 8.00 8.16%
NAPS 1.9387 1.8938 1.0008 1.0011 1.0008 1.7997 1.7675 6.35%
Price Multiplier on Financial Quarter End Date
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Date 30/03/12 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 -
Price 2.85 2.43 2.41 2.82 2.65 2.67 2.96 -
P/RPS 2.94 2.48 2.43 2.84 2.68 2.78 3.13 -4.08%
P/EPS 22.60 19.14 18.24 18.44 16.20 16.79 19.93 8.73%
EY 4.42 5.22 5.48 5.42 6.17 5.95 5.02 -8.12%
DY 3.16 3.70 3.73 3.19 3.40 3.37 2.70 11.04%
P/NAPS 1.47 1.28 2.41 2.82 2.65 1.48 1.67 -8.14%
Price Multiplier on Announcement Date
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Date 18/05/12 27/02/12 10/11/11 25/08/11 20/05/11 25/02/11 09/11/10 -
Price 3.01 2.65 2.30 2.59 2.65 2.63 2.81 -
P/RPS 3.11 2.71 2.32 2.61 2.68 2.74 2.97 3.11%
P/EPS 23.87 20.87 17.40 16.93 16.20 16.54 18.92 16.74%
EY 4.19 4.79 5.75 5.91 6.17 6.05 5.28 -14.27%
DY 2.99 3.40 3.91 3.47 3.40 3.42 2.85 3.24%
P/NAPS 1.55 1.40 2.30 2.59 2.65 1.46 1.59 -1.68%

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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