[HENGYUAN] YoY TTM Result on 30-Jun-2003 [#2]

Announcement Date
26-Aug-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Jun-2003 [#2]
Profit Trend
QoQ- -37.08%
YoY- 593.89%
Quarter Report
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TTM Result
30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 30/06/01 30/06/00 CAGR
Revenue 10,639,978 8,642,146 6,102,757 5,244,064 4,055,093 5,355,456 4,368,360 15.98%
PBT 615,934 742,699 538,910 164,752 15,268 155,214 141,049 27.83%
Tax -179,976 -92,311 -95,912 -38,346 2,949 -46,053 -93,288 11.56%
NP 435,958 650,388 442,998 126,406 18,217 109,161 47,761 44.54%
-
NP to SH 435,958 650,388 442,998 126,406 18,217 109,161 46,952 44.95%
-
Tax Rate 29.22% 12.43% 17.80% 23.27% -19.31% 29.67% 66.14% -
Total Cost 10,204,020 7,991,758 5,659,759 5,117,658 4,036,876 5,246,295 4,320,599 15.39%
-
Net Worth 1,942,256 1,743,799 1,234,039 869,578 782,271 795,282 584,499 22.14%
Dividend
30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 30/06/01 30/06/00 CAGR
Div 216,587 200,991 90,001 44,996 35,992 - - -
Div Payout % 49.68% 30.90% 20.32% 35.60% 197.58% - - -
Equity
30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 30/06/01 30/06/00 CAGR
Net Worth 1,942,256 1,743,799 1,234,039 869,578 782,271 795,282 584,499 22.14%
NOSH 299,985 299,967 300,011 300,020 300,111 300,106 292,249 0.43%
Ratio Analysis
30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 30/06/01 30/06/00 CAGR
NP Margin 4.10% 7.53% 7.26% 2.41% 0.45% 2.04% 1.09% -
ROE 22.45% 37.30% 35.90% 14.54% 2.33% 13.73% 8.03% -
Per Share
30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 30/06/01 30/06/00 CAGR
RPS 3,546.83 2,881.03 2,034.17 1,747.90 1,351.19 1,784.52 1,494.73 15.48%
EPS 145.33 216.82 147.66 42.13 6.07 36.37 16.07 44.31%
DPS 72.20 67.00 30.00 15.00 12.00 0.00 0.00 -
NAPS 6.4745 5.8133 4.1133 2.8984 2.6066 2.65 2.00 21.61%
Adjusted Per Share Value based on latest NOSH - 300,020
30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 30/06/01 30/06/00 CAGR
RPS 3,547.02 2,881.01 2,034.46 1,748.20 1,351.84 1,785.34 1,456.27 15.98%
EPS 145.33 216.82 147.68 42.14 6.07 36.39 15.65 44.95%
DPS 72.20 67.00 30.00 15.00 12.00 0.00 0.00 -
NAPS 6.4749 5.8133 4.1139 2.8989 2.6078 2.6512 1.9485 22.14%
Price Multiplier on Financial Quarter End Date
30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 30/06/01 30/06/00 CAGR
Date 30/06/06 30/06/05 30/06/04 30/06/03 28/06/02 29/06/01 30/06/00 -
Price 10.10 9.85 6.60 4.14 3.48 3.68 4.40 -
P/RPS 0.28 0.34 0.32 0.24 0.26 0.21 0.29 -0.58%
P/EPS 6.95 4.54 4.47 9.83 57.33 10.12 27.39 -20.42%
EY 14.39 22.01 22.37 10.18 1.74 9.88 3.65 25.67%
DY 7.15 6.80 4.55 3.62 3.45 0.00 0.00 -
P/NAPS 1.56 1.69 1.60 1.43 1.34 1.39 2.20 -5.56%
Price Multiplier on Announcement Date
30/06/06 30/06/05 30/06/04 30/06/03 30/06/02 30/06/01 30/06/00 CAGR
Date 17/08/06 18/08/05 16/08/04 26/08/03 02/09/02 03/09/01 24/08/00 -
Price 10.60 10.00 7.40 4.38 3.76 3.72 4.34 -
P/RPS 0.30 0.35 0.36 0.25 0.28 0.21 0.29 0.56%
P/EPS 7.29 4.61 5.01 10.40 61.94 10.23 27.01 -19.60%
EY 13.71 21.68 19.95 9.62 1.61 9.78 3.70 24.38%
DY 6.81 6.70 4.05 3.42 3.19 0.00 0.00 -
P/NAPS 1.64 1.72 1.80 1.51 1.44 1.40 2.17 -4.55%

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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