[AMWAY] QoQ Annualized Quarter Result on 29-Feb-2004 [#2]

Announcement Date
21-Apr-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Aug-2004
Quarter
29-Feb-2004 [#2]
Profit Trend
QoQ- -12.22%
YoY- -9.27%
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Annualized Quarter Result
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Revenue 578,304 456,350 452,588 432,750 457,500 422,297 424,882 22.74%
PBT 100,204 72,354 74,112 72,506 82,152 73,956 79,988 16.16%
Tax -28,496 -18,760 -22,904 -22,326 -24,988 -21,912 -22,984 15.36%
NP 71,708 53,594 51,208 50,180 57,164 52,044 57,004 16.48%
-
NP to SH 71,708 53,594 51,208 50,180 57,164 52,044 57,004 16.48%
-
Tax Rate 28.44% 25.93% 30.90% 30.79% 30.42% 29.63% 28.73% -
Total Cost 506,596 402,756 401,380 382,570 400,336 370,253 367,878 23.70%
-
Net Worth 210,325 200,566 218,664 213,741 212,144 207,123 230,119 -5.80%
Dividend
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Div 49,295 82,199 93,165 49,325 49,336 82,192 93,143 -34.49%
Div Payout % 68.74% 153.37% 181.93% 98.30% 86.31% 157.93% 163.40% -
Equity
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Net Worth 210,325 200,566 218,664 213,741 212,144 207,123 230,119 -5.80%
NOSH 164,317 164,398 164,409 164,416 164,453 164,384 164,371 -0.02%
Ratio Analysis
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
NP Margin 12.40% 11.74% 11.31% 11.60% 12.49% 12.32% 13.42% -
ROE 34.09% 26.72% 23.42% 23.48% 26.95% 25.13% 24.77% -
Per Share
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
RPS 351.94 277.59 275.28 263.20 278.19 256.90 258.49 22.77%
EPS 43.64 32.60 31.15 30.52 34.76 31.66 34.68 16.50%
DPS 30.00 50.00 56.67 30.00 30.00 50.00 56.67 -34.48%
NAPS 1.28 1.22 1.33 1.30 1.29 1.26 1.40 -5.78%
Adjusted Per Share Value based on latest NOSH - 164,368
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
RPS 351.80 277.61 275.32 263.25 278.31 256.89 258.47 22.74%
EPS 43.62 32.60 31.15 30.53 34.77 31.66 34.68 16.47%
DPS 29.99 50.00 56.67 30.01 30.01 50.00 56.66 -34.49%
NAPS 1.2795 1.2201 1.3302 1.3002 1.2905 1.26 1.3999 -5.80%
Price Multiplier on Financial Quarter End Date
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Date 30/11/04 30/08/04 31/05/04 27/02/04 28/11/03 29/08/03 30/05/03 -
Price 6.75 6.70 6.70 6.75 6.40 6.70 6.35 -
P/RPS 1.92 2.41 2.43 2.56 2.30 2.61 2.46 -15.19%
P/EPS 15.47 20.55 21.51 22.12 18.41 21.16 18.31 -10.60%
EY 6.47 4.87 4.65 4.52 5.43 4.73 5.46 11.94%
DY 4.44 7.46 8.46 4.44 4.69 7.46 8.92 -37.11%
P/NAPS 5.27 5.49 5.04 5.19 4.96 5.32 4.54 10.42%
Price Multiplier on Announcement Date
30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 CAGR
Date 31/01/05 20/10/04 16/07/04 21/04/04 30/01/04 27/10/03 28/07/03 -
Price 6.60 6.80 6.80 6.70 6.80 6.85 6.30 -
P/RPS 1.88 2.45 2.47 2.55 2.44 2.67 2.44 -15.91%
P/EPS 15.12 20.86 21.83 21.95 19.56 21.64 18.17 -11.50%
EY 6.61 4.79 4.58 4.56 5.11 4.62 5.50 13.00%
DY 4.55 7.35 8.33 4.48 4.41 7.30 8.99 -36.41%
P/NAPS 5.16 5.57 5.11 5.15 5.27 5.44 4.50 9.52%

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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