[RVIEW] QoQ Annualized Quarter Result on 31-Dec-2003 [#4]

Announcement Date
27-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 11.21%
YoY- 138.53%
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Annualized Quarter Result
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Revenue 13,041 12,264 11,132 10,325 10,074 10,030 9,940 19.78%
PBT 9,929 9,516 6,136 5,841 5,454 5,348 5,152 54.67%
Tax -2,480 -2,272 -1,808 -1,526 -1,574 -1,518 -1,440 43.53%
NP 7,449 7,244 4,328 4,315 3,880 3,830 3,712 58.89%
-
NP to SH 7,449 7,244 4,328 4,315 3,880 3,830 5,152 27.77%
-
Tax Rate 24.98% 23.88% 29.47% 26.13% 28.86% 28.38% 27.95% -
Total Cost 5,592 5,020 6,804 6,010 6,194 6,200 6,228 -6.91%
-
Net Worth 93,441 91,359 90,058 91,490 88,142 87,536 68,073 23.44%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div 5,571 8,345 - 2,335 1,244 311 - -
Div Payout % 74.80% 115.21% - 54.14% 32.07% 8.13% - -
Equity
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Net Worth 93,441 91,359 90,058 91,490 88,142 87,536 68,073 23.44%
NOSH 64,889 64,794 64,790 64,887 64,810 10,806 14,994 164.85%
Ratio Analysis
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
NP Margin 57.12% 59.07% 38.88% 41.79% 38.51% 38.19% 37.34% -
ROE 7.97% 7.93% 4.81% 4.72% 4.40% 4.38% 7.57% -
Per Share
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 20.10 18.93 17.18 15.91 15.54 92.81 66.29 -54.76%
EPS 11.48 11.18 6.68 6.65 5.99 35.44 34.36 -51.75%
DPS 8.59 12.88 0.00 3.60 1.92 2.88 0.00 -
NAPS 1.44 1.41 1.39 1.41 1.36 8.10 4.54 -53.39%
Adjusted Per Share Value based on latest NOSH - 64,746
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 20.11 18.91 17.17 15.92 15.54 15.47 15.33 19.77%
EPS 11.49 11.17 6.67 6.65 5.98 5.91 7.94 27.85%
DPS 8.59 12.87 0.00 3.60 1.92 0.48 0.00 -
NAPS 1.4409 1.4088 1.3887 1.4108 1.3592 1.3498 1.0497 23.44%
Price Multiplier on Financial Quarter End Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 -
Price 2.14 2.22 2.36 2.32 2.38 17.60 12.90 -
P/RPS 10.65 11.73 13.74 14.58 15.31 18.96 19.46 -33.01%
P/EPS 18.64 19.86 35.33 34.89 39.76 49.66 37.54 -37.21%
EY 5.36 5.04 2.83 2.87 2.52 2.01 2.66 59.33%
DY 4.01 5.80 0.00 1.55 0.81 0.16 0.00 -
P/NAPS 1.49 1.57 1.70 1.65 1.75 2.17 2.84 -34.87%
Price Multiplier on Announcement Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 26/11/04 27/08/04 28/05/04 27/02/04 28/11/03 29/08/03 30/05/03 -
Price 2.17 2.13 2.31 2.36 2.40 2.52 15.40 -
P/RPS 10.80 11.25 13.44 14.83 15.44 2.72 23.23 -39.90%
P/EPS 18.90 19.05 34.58 35.49 40.09 7.11 44.82 -43.67%
EY 5.29 5.25 2.89 2.82 2.49 14.06 2.23 77.58%
DY 3.96 6.05 0.00 1.53 0.80 1.14 0.00 -
P/NAPS 1.51 1.51 1.66 1.67 1.76 0.31 3.39 -41.58%

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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