[WILLOW] QoQ Annualized Quarter Result on 31-Mar-2013 [#1]

Announcement Date
29-May-2013
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2013
Quarter
31-Mar-2013 [#1]
Profit Trend
QoQ- -6.79%
YoY- 59.96%
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Annualized Quarter Result
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Revenue 102,611 96,112 86,330 87,044 83,427 74,960 67,696 31.85%
PBT 23,112 20,900 18,278 17,436 18,194 14,854 12,406 51.23%
Tax -3,821 -3,682 -3,158 -2,992 -2,963 -2,476 -2,038 51.87%
NP 19,291 17,217 15,120 14,444 15,231 12,378 10,368 51.10%
-
NP to SH 19,359 17,270 15,108 14,332 15,376 12,525 10,498 50.21%
-
Tax Rate 16.53% 17.62% 17.28% 17.16% 16.29% 16.67% 16.43% -
Total Cost 83,320 78,894 71,210 72,600 68,196 62,581 57,328 28.22%
-
Net Worth 85,958 79,251 72,859 75,779 72,257 66,317 62,137 24.07%
Dividend
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Div 4,870 - - - 7,298 - - -
Div Payout % 25.16% - - - 47.47% - - -
Equity
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Net Worth 85,958 79,251 72,859 75,779 72,257 66,317 62,137 24.07%
NOSH 243,509 243,477 243,677 243,741 243,291 243,367 243,009 0.13%
Ratio Analysis
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
NP Margin 18.80% 17.91% 17.51% 16.59% 18.26% 16.51% 15.32% -
ROE 22.52% 21.79% 20.74% 18.91% 21.28% 18.89% 16.89% -
Per Share
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
RPS 42.14 39.47 35.43 35.71 34.29 30.80 27.86 31.66%
EPS 7.95 7.09 6.20 5.88 6.32 5.15 4.32 50.00%
DPS 2.00 0.00 0.00 0.00 3.00 0.00 0.00 -
NAPS 0.353 0.3255 0.299 0.3109 0.297 0.2725 0.2557 23.91%
Adjusted Per Share Value based on latest NOSH - 243,741
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
RPS 20.69 19.38 17.41 17.55 16.82 15.11 13.65 31.85%
EPS 3.90 3.48 3.05 2.89 3.10 2.53 2.12 49.96%
DPS 0.98 0.00 0.00 0.00 1.47 0.00 0.00 -
NAPS 0.1733 0.1598 0.1469 0.1528 0.1457 0.1337 0.1253 24.06%
Price Multiplier on Financial Quarter End Date
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Date 31/12/13 30/09/13 28/06/13 29/03/13 31/12/12 28/09/12 29/06/12 -
Price 0.68 0.505 0.495 0.39 0.34 0.33 0.29 -
P/RPS 1.61 1.28 1.40 1.09 0.99 1.07 1.04 33.71%
P/EPS 8.55 7.12 7.98 6.63 5.38 6.41 6.71 17.48%
EY 11.69 14.05 12.53 15.08 18.59 15.60 14.90 -14.89%
DY 2.94 0.00 0.00 0.00 8.82 0.00 0.00 -
P/NAPS 1.93 1.55 1.66 1.25 1.14 1.21 1.13 42.74%
Price Multiplier on Announcement Date
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Date 27/02/14 20/11/13 21/08/13 29/05/13 25/02/13 21/11/12 15/08/12 -
Price 0.735 0.645 0.54 0.585 0.355 0.32 0.30 -
P/RPS 1.74 1.63 1.52 1.64 1.04 1.04 1.08 37.31%
P/EPS 9.25 9.09 8.71 9.95 5.62 6.22 6.94 21.04%
EY 10.82 11.00 11.48 10.05 17.80 16.08 14.40 -17.30%
DY 2.72 0.00 0.00 0.00 8.45 0.00 0.00 -
P/NAPS 2.08 1.98 1.81 1.88 1.20 1.17 1.17 46.59%

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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