[HENGYUAN] YoY TTM Result on 31-Mar-2004 [#1]

Announcement Date
11-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 22.19%
YoY- 10.86%
Quarter Report
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TTM Result
31/03/07 31/03/06 31/03/05 31/03/04 31/03/03 31/03/02 31/03/01 CAGR
Revenue 10,595,389 9,922,657 8,238,050 5,589,957 4,957,593 4,318,482 5,308,228 12.20%
PBT 456,429 524,585 821,599 297,873 238,198 8,520 142,220 21.44%
Tax -106,652 -152,049 -78,315 -75,145 -37,288 -5,759 -42,081 16.75%
NP 349,777 372,536 743,284 222,728 200,910 2,761 100,139 23.16%
-
NP to SH 349,777 372,536 743,284 222,728 200,910 2,761 100,139 23.16%
-
Tax Rate 23.37% 28.98% 9.53% 25.23% 15.65% 67.59% 29.59% -
Total Cost 10,245,612 9,550,121 7,494,766 5,367,229 4,756,683 4,315,721 5,208,089 11.93%
-
Net Worth 2,077,109 1,964,755 1,758,888 1,123,488 946,797 778,174 783,578 17.63%
Dividend
31/03/07 31/03/06 31/03/05 31/03/04 31/03/03 31/03/02 31/03/01 CAGR
Div 97,135 156,587 194,996 60,000 44,996 35,992 - -
Div Payout % 27.77% 42.03% 26.23% 26.94% 22.40% 1,303.60% - -
Equity
31/03/07 31/03/06 31/03/05 31/03/04 31/03/03 31/03/02 31/03/01 CAGR
Net Worth 2,077,109 1,964,755 1,758,888 1,123,488 946,797 778,174 783,578 17.63%
NOSH 299,991 299,967 300,018 300,004 299,970 299,920 300,221 -0.01%
Ratio Analysis
31/03/07 31/03/06 31/03/05 31/03/04 31/03/03 31/03/02 31/03/01 CAGR
NP Margin 3.30% 3.75% 9.02% 3.98% 4.05% 0.06% 1.89% -
ROE 16.84% 18.96% 42.26% 19.82% 21.22% 0.35% 12.78% -
Per Share
31/03/07 31/03/06 31/03/05 31/03/04 31/03/03 31/03/02 31/03/01 CAGR
RPS 3,531.90 3,307.91 2,745.85 1,863.29 1,652.69 1,439.87 1,768.10 12.21%
EPS 116.60 124.19 247.75 74.24 66.98 0.92 33.36 23.17%
DPS 32.38 52.20 65.00 20.00 15.00 12.00 0.00 -
NAPS 6.9239 6.5499 5.8626 3.7449 3.1563 2.5946 2.61 17.64%
Adjusted Per Share Value based on latest NOSH - 300,004
31/03/07 31/03/06 31/03/05 31/03/04 31/03/03 31/03/02 31/03/01 CAGR
RPS 3,531.80 3,307.55 2,746.02 1,863.32 1,652.53 1,439.49 1,769.41 12.20%
EPS 116.59 124.18 247.76 74.24 66.97 0.92 33.38 23.16%
DPS 32.38 52.20 65.00 20.00 15.00 12.00 0.00 -
NAPS 6.9237 6.5492 5.863 3.745 3.156 2.5939 2.6119 17.63%
Price Multiplier on Financial Quarter End Date
31/03/07 31/03/06 31/03/05 31/03/04 31/03/03 31/03/02 31/03/01 CAGR
Date 30/03/07 31/03/06 31/03/05 31/03/04 31/03/03 29/03/02 30/03/01 -
Price 11.00 10.20 8.95 6.15 3.40 3.74 3.58 -
P/RPS 0.31 0.31 0.33 0.33 0.21 0.26 0.20 7.57%
P/EPS 9.43 8.21 3.61 8.28 5.08 406.27 10.73 -2.12%
EY 10.60 12.18 27.68 12.07 19.70 0.25 9.32 2.16%
DY 2.94 5.12 7.26 3.25 4.41 3.21 0.00 -
P/NAPS 1.59 1.56 1.53 1.64 1.08 1.44 1.37 2.51%
Price Multiplier on Announcement Date
31/03/07 31/03/06 31/03/05 31/03/04 31/03/03 31/03/02 31/03/01 CAGR
Date 07/05/07 18/05/06 18/05/05 11/05/04 28/05/03 16/05/02 17/05/01 -
Price 10.70 10.60 9.25 6.15 3.88 3.86 3.82 -
P/RPS 0.30 0.32 0.34 0.33 0.23 0.27 0.22 5.30%
P/EPS 9.18 8.54 3.73 8.28 5.79 419.30 11.45 -3.61%
EY 10.90 11.72 26.78 12.07 17.26 0.24 8.73 3.76%
DY 3.03 4.92 7.03 3.25 3.87 3.11 0.00 -
P/NAPS 1.55 1.62 1.58 1.64 1.23 1.49 1.46 1.00%

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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