[AMWAY] QoQ Annualized Quarter Result on 31-Aug-2004 [#4]

Announcement Date
20-Oct-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Aug-2004
Quarter
31-Aug-2004 [#4]
Profit Trend
QoQ- 4.66%
YoY- 2.98%
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Annualized Quarter Result
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Revenue 506,845 500,430 578,304 456,350 452,588 432,750 457,500 7.06%
PBT 75,358 78,118 100,204 72,354 74,112 72,506 82,152 -5.58%
Tax -21,637 -22,378 -28,496 -18,760 -22,904 -22,326 -24,988 -9.14%
NP 53,721 55,740 71,708 53,594 51,208 50,180 57,164 -4.05%
-
NP to SH 53,721 55,740 71,708 53,594 51,208 50,180 57,164 -4.05%
-
Tax Rate 28.71% 28.65% 28.44% 25.93% 30.90% 30.79% 30.42% -
Total Cost 453,124 444,690 506,596 402,756 401,380 382,570 400,336 8.59%
-
Net Worth 215,345 220,329 210,325 200,566 218,664 213,741 212,144 1.00%
Dividend
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Div 93,152 49,327 49,295 82,199 93,165 49,325 49,336 52.70%
Div Payout % 173.40% 88.50% 68.74% 153.37% 181.93% 98.30% 86.31% -
Equity
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Net Worth 215,345 220,329 210,325 200,566 218,664 213,741 212,144 1.00%
NOSH 164,385 164,424 164,317 164,398 164,409 164,416 164,453 -0.02%
Ratio Analysis
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
NP Margin 10.60% 11.14% 12.40% 11.74% 11.31% 11.60% 12.49% -
ROE 24.95% 25.30% 34.09% 26.72% 23.42% 23.48% 26.95% -
Per Share
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
RPS 308.33 304.35 351.94 277.59 275.28 263.20 278.19 7.09%
EPS 32.68 33.90 43.64 32.60 31.15 30.52 34.76 -4.02%
DPS 56.67 30.00 30.00 50.00 56.67 30.00 30.00 52.75%
NAPS 1.31 1.34 1.28 1.22 1.33 1.30 1.29 1.02%
Adjusted Per Share Value based on latest NOSH - 164,372
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
RPS 308.33 304.42 351.80 277.61 275.32 263.25 278.31 7.06%
EPS 32.68 33.91 43.62 32.60 31.15 30.53 34.77 -4.04%
DPS 56.67 30.01 29.99 50.00 56.67 30.01 30.01 52.71%
NAPS 1.31 1.3403 1.2795 1.2201 1.3302 1.3002 1.2905 1.00%
Price Multiplier on Financial Quarter End Date
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Date 31/05/05 28/02/05 30/11/04 30/08/04 31/05/04 27/02/04 28/11/03 -
Price 6.65 6.60 6.75 6.70 6.70 6.75 6.40 -
P/RPS 2.16 2.17 1.92 2.41 2.43 2.56 2.30 -4.09%
P/EPS 20.35 19.47 15.47 20.55 21.51 22.12 18.41 6.90%
EY 4.91 5.14 6.47 4.87 4.65 4.52 5.43 -6.48%
DY 8.52 4.55 4.44 7.46 8.46 4.44 4.69 48.82%
P/NAPS 5.08 4.93 5.27 5.49 5.04 5.19 4.96 1.60%
Price Multiplier on Announcement Date
31/05/05 28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 CAGR
Date 26/07/05 28/04/05 31/01/05 20/10/04 16/07/04 21/04/04 30/01/04 -
Price 6.75 6.65 6.60 6.80 6.80 6.70 6.80 -
P/RPS 2.19 2.18 1.88 2.45 2.47 2.55 2.44 -6.94%
P/EPS 20.65 19.62 15.12 20.86 21.83 21.95 19.56 3.67%
EY 4.84 5.10 6.61 4.79 4.58 4.56 5.11 -3.55%
DY 8.40 4.51 4.55 7.35 8.33 4.48 4.41 53.59%
P/NAPS 5.15 4.96 5.16 5.57 5.11 5.15 5.27 -1.52%

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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