[HENGYUAN] YoY Annualized Quarter Result on 30-Sep-2005 [#3]

Announcement Date
28-Nov-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
30-Sep-2005 [#3]
Profit Trend
QoQ- 2.62%
YoY- -11.39%
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Annualized Quarter Result
30/09/08 30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 CAGR
Revenue 14,123,426 10,771,560 11,228,417 9,261,953 7,099,852 5,398,962 4,173,354 22.50%
PBT 350,764 791,948 481,125 720,822 716,844 186,396 152,612 14.86%
Tax -93,302 -212,509 -135,580 -150,662 -73,398 -21,957 -45,533 12.68%
NP 257,461 579,438 345,545 570,160 643,445 164,438 107,078 15.72%
-
NP to SH 257,461 579,438 345,545 570,160 643,445 164,438 107,078 15.72%
-
Tax Rate 26.60% 26.83% 28.18% 20.90% 10.24% 11.78% 29.84% -
Total Cost 13,865,965 10,192,121 10,882,872 8,691,793 6,456,406 5,234,524 4,066,276 22.66%
-
Net Worth 2,443,869 2,247,354 1,940,647 1,867,889 1,397,231 955,792 798,710 20.46%
Dividend
30/09/08 30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 CAGR
Div 800 79,999 207,991 168,000 120,000 - - -
Div Payout % 0.31% 13.81% 60.19% 29.47% 18.65% - - -
Equity
30/09/08 30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 CAGR
Net Worth 2,443,869 2,247,354 1,940,647 1,867,889 1,397,231 955,792 798,710 20.46%
NOSH 300,023 299,999 299,987 300,000 300,002 299,997 299,996 0.00%
Ratio Analysis
30/09/08 30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 CAGR
NP Margin 1.82% 5.38% 3.08% 6.16% 9.06% 3.05% 2.57% -
ROE 10.53% 25.78% 17.81% 30.52% 46.05% 17.20% 13.41% -
Per Share
30/09/08 30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 CAGR
RPS 4,707.44 3,590.53 3,742.96 3,087.32 2,366.60 1,799.67 1,391.14 22.50%
EPS 85.83 193.15 115.19 190.05 214.48 54.81 35.69 15.73%
DPS 0.27 26.67 69.33 56.00 40.00 0.00 0.00 -
NAPS 8.1456 7.4912 6.4691 6.2263 4.6574 3.186 2.6624 20.46%
Adjusted Per Share Value based on latest NOSH - 299,991
30/09/08 30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 CAGR
RPS 4,707.81 3,590.52 3,742.81 3,087.32 2,366.62 1,799.65 1,391.12 22.50%
EPS 85.82 193.15 115.18 190.05 214.48 54.81 35.69 15.73%
DPS 0.27 26.67 69.33 56.00 40.00 0.00 0.00 -
NAPS 8.1462 7.4912 6.4688 6.2263 4.6574 3.186 2.6624 20.46%
Price Multiplier on Financial Quarter End Date
30/09/08 30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 CAGR
Date 30/09/08 28/09/07 29/09/06 30/09/05 30/09/04 30/09/03 30/09/02 -
Price 10.50 11.00 10.30 11.70 7.60 4.04 3.50 -
P/RPS 0.22 0.31 0.28 0.38 0.32 0.22 0.25 -2.10%
P/EPS 12.24 5.70 8.94 6.16 3.54 7.37 9.81 3.75%
EY 8.17 17.56 11.18 16.24 28.22 13.57 10.20 -3.62%
DY 0.03 2.42 6.73 4.79 5.26 0.00 0.00 -
P/NAPS 1.29 1.47 1.59 1.88 1.63 1.27 1.31 -0.25%
Price Multiplier on Announcement Date
30/09/08 30/09/07 30/09/06 30/09/05 30/09/04 30/09/03 30/09/02 CAGR
Date 12/11/08 01/11/07 23/11/06 28/11/05 22/11/04 18/11/03 18/11/02 -
Price 10.00 11.60 10.40 10.10 8.90 4.20 3.44 -
P/RPS 0.21 0.32 0.28 0.33 0.38 0.23 0.25 -2.86%
P/EPS 11.65 6.01 9.03 5.31 4.15 7.66 9.64 3.20%
EY 8.58 16.65 11.08 18.82 24.10 13.05 10.38 -3.12%
DY 0.03 2.30 6.67 5.54 4.49 0.00 0.00 -
P/NAPS 1.23 1.55 1.61 1.62 1.91 1.32 1.29 -0.78%

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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