[HWANG] QoQ TTM Result on 31-Jan-2012 [#2]

Announcement Date
28-Mar-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jul-2012
Quarter
31-Jan-2012 [#2]
Profit Trend
QoQ- -9.7%
YoY- -1.14%
Quarter Report
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TTM Result
31/10/12 31/07/12 30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 CAGR
Revenue 427,932 397,958 380,509 368,331 386,399 399,333 392,432 5.91%
PBT 93,769 98,871 103,681 101,198 110,717 119,651 103,191 -6.15%
Tax -22,343 -23,380 -24,187 -24,065 -26,273 -28,187 -23,884 -4.32%
NP 71,426 75,491 79,494 77,133 84,444 91,464 79,307 -6.71%
-
NP to SH 61,856 66,785 72,395 71,577 79,270 86,614 74,932 -11.95%
-
Tax Rate 23.83% 23.65% 23.33% 23.78% 23.73% 23.56% 23.15% -
Total Cost 356,506 322,467 301,015 291,198 301,955 307,869 313,125 8.99%
-
Net Worth 937,425 926,778 900,842 893,643 885,286 870,083 846,938 6.96%
Dividend
31/10/12 31/07/12 30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 CAGR
Div 25,531 25,531 25,524 25,524 25,519 38,275 38,279 -23.56%
Div Payout % 41.28% 38.23% 35.26% 35.66% 32.19% 44.19% 51.09% -
Equity
31/10/12 31/07/12 30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 CAGR
Net Worth 937,425 926,778 900,842 893,643 885,286 870,083 846,938 6.96%
NOSH 255,429 255,310 255,196 255,326 255,125 255,156 255,102 0.08%
Ratio Analysis
31/10/12 31/07/12 30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 CAGR
NP Margin 16.69% 18.97% 20.89% 20.94% 21.85% 22.90% 20.21% -
ROE 6.60% 7.21% 8.04% 8.01% 8.95% 9.95% 8.85% -
Per Share
31/10/12 31/07/12 30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 CAGR
RPS 167.53 155.87 149.10 144.26 151.45 156.51 153.83 5.82%
EPS 24.22 26.16 28.37 28.03 31.07 33.95 29.37 -12.00%
DPS 10.00 10.00 10.00 10.00 10.00 15.00 15.00 -23.59%
NAPS 3.67 3.63 3.53 3.50 3.47 3.41 3.32 6.87%
Adjusted Per Share Value based on latest NOSH - 255,326
31/10/12 31/07/12 30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 CAGR
RPS 167.63 155.89 149.05 144.28 151.36 156.43 153.72 5.91%
EPS 24.23 26.16 28.36 28.04 31.05 33.93 29.35 -11.94%
DPS 10.00 10.00 10.00 10.00 10.00 14.99 14.99 -23.55%
NAPS 3.6721 3.6304 3.5288 3.5006 3.4679 3.4083 3.3176 6.96%
Price Multiplier on Financial Quarter End Date
31/10/12 31/07/12 30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 CAGR
Date 31/10/12 31/07/12 30/04/12 31/01/12 31/10/11 29/07/11 29/04/11 -
Price 2.52 2.50 2.39 2.30 2.21 2.49 2.46 -
P/RPS 1.50 1.60 1.60 1.59 1.46 1.59 1.60 -4.19%
P/EPS 10.41 9.56 8.42 8.20 7.11 7.34 8.37 15.57%
EY 9.61 10.46 11.87 12.19 14.06 13.63 11.94 -13.41%
DY 3.97 4.00 4.18 4.35 4.52 6.02 6.10 -24.80%
P/NAPS 0.69 0.69 0.68 0.66 0.64 0.73 0.74 -4.53%
Price Multiplier on Announcement Date
31/10/12 31/07/12 30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 CAGR
Date 13/12/12 26/09/12 07/06/12 28/03/12 08/12/11 27/09/11 08/06/11 -
Price 2.45 2.48 2.37 2.39 2.33 2.00 2.51 -
P/RPS 1.46 1.59 1.59 1.66 1.54 1.28 1.63 -7.04%
P/EPS 10.12 9.48 8.35 8.53 7.50 5.89 8.55 11.83%
EY 9.88 10.55 11.97 11.73 13.34 16.97 11.70 -10.61%
DY 4.08 4.03 4.22 4.18 4.29 7.50 5.98 -22.40%
P/NAPS 0.67 0.68 0.67 0.68 0.67 0.59 0.76 -8.02%

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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