[HWANG] QoQ TTM Result on 31-Jul-2011 [#4]

Announcement Date
27-Sep-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jul-2011
Quarter
31-Jul-2011 [#4]
Profit Trend
QoQ- 15.59%
YoY- 42.28%
Quarter Report
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TTM Result
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Revenue 380,509 368,331 386,399 399,333 392,432 379,550 356,319 4.48%
PBT 103,681 101,198 110,717 119,651 103,191 100,970 92,686 7.76%
Tax -24,187 -24,065 -26,273 -28,187 -23,884 -24,355 -22,963 3.52%
NP 79,494 77,133 84,444 91,464 79,307 76,615 69,723 9.14%
-
NP to SH 72,395 71,577 79,270 86,614 74,932 72,403 66,067 6.29%
-
Tax Rate 23.33% 23.78% 23.73% 23.56% 23.15% 24.12% 24.78% -
Total Cost 301,015 291,198 301,955 307,869 313,125 302,935 286,596 3.32%
-
Net Worth 900,842 893,643 885,286 870,083 846,938 842,299 829,637 5.64%
Dividend
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Div 25,524 25,524 25,519 38,275 38,279 25,524 19,140 21.17%
Div Payout % 35.26% 35.66% 32.19% 44.19% 51.09% 35.25% 28.97% -
Equity
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Net Worth 900,842 893,643 885,286 870,083 846,938 842,299 829,637 5.64%
NOSH 255,196 255,326 255,125 255,156 255,102 255,242 255,273 -0.02%
Ratio Analysis
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
NP Margin 20.89% 20.94% 21.85% 22.90% 20.21% 20.19% 19.57% -
ROE 8.04% 8.01% 8.95% 9.95% 8.85% 8.60% 7.96% -
Per Share
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
RPS 149.10 144.26 151.45 156.51 153.83 148.70 139.58 4.50%
EPS 28.37 28.03 31.07 33.95 29.37 28.37 25.88 6.32%
DPS 10.00 10.00 10.00 15.00 15.00 10.00 7.50 21.16%
NAPS 3.53 3.50 3.47 3.41 3.32 3.30 3.25 5.66%
Adjusted Per Share Value based on latest NOSH - 255,156
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
RPS 149.05 144.28 151.36 156.43 153.72 148.68 139.58 4.47%
EPS 28.36 28.04 31.05 33.93 29.35 28.36 25.88 6.29%
DPS 10.00 10.00 10.00 14.99 14.99 10.00 7.50 21.16%
NAPS 3.5288 3.5006 3.4679 3.4083 3.3176 3.2995 3.2499 5.64%
Price Multiplier on Financial Quarter End Date
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Date 30/04/12 31/01/12 31/10/11 29/07/11 29/04/11 31/01/11 29/10/10 -
Price 2.39 2.30 2.21 2.49 2.46 2.60 2.00 -
P/RPS 1.60 1.59 1.46 1.59 1.60 1.75 1.43 7.78%
P/EPS 8.42 8.20 7.11 7.34 8.37 9.17 7.73 5.87%
EY 11.87 12.19 14.06 13.63 11.94 10.91 12.94 -5.59%
DY 4.18 4.35 4.52 6.02 6.10 3.85 3.75 7.51%
P/NAPS 0.68 0.66 0.64 0.73 0.74 0.79 0.62 6.35%
Price Multiplier on Announcement Date
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Date 07/06/12 28/03/12 08/12/11 27/09/11 08/06/11 28/03/11 13/12/10 -
Price 2.37 2.39 2.33 2.00 2.51 2.25 2.40 -
P/RPS 1.59 1.66 1.54 1.28 1.63 1.51 1.72 -5.10%
P/EPS 8.35 8.53 7.50 5.89 8.55 7.93 9.27 -6.73%
EY 11.97 11.73 13.34 16.97 11.70 12.61 10.78 7.23%
DY 4.22 4.18 4.29 7.50 5.98 4.44 3.13 22.06%
P/NAPS 0.67 0.68 0.67 0.59 0.76 0.68 0.74 -6.41%

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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