[AMWAY] QoQ Annualized Quarter Result on 31-May-2004 [#3]

Announcement Date
16-Jul-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Aug-2004
Quarter
31-May-2004 [#3]
Profit Trend
QoQ- 2.05%
YoY- -10.17%
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Annualized Quarter Result
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Revenue 500,430 578,304 456,350 452,588 432,750 457,500 422,297 11.99%
PBT 78,118 100,204 72,354 74,112 72,506 82,152 73,956 3.72%
Tax -22,378 -28,496 -18,760 -22,904 -22,326 -24,988 -21,912 1.41%
NP 55,740 71,708 53,594 51,208 50,180 57,164 52,044 4.68%
-
NP to SH 55,740 71,708 53,594 51,208 50,180 57,164 52,044 4.68%
-
Tax Rate 28.65% 28.44% 25.93% 30.90% 30.79% 30.42% 29.63% -
Total Cost 444,690 506,596 402,756 401,380 382,570 400,336 370,253 13.00%
-
Net Worth 220,329 210,325 200,566 218,664 213,741 212,144 207,123 4.21%
Dividend
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Div 49,327 49,295 82,199 93,165 49,325 49,336 82,192 -28.87%
Div Payout % 88.50% 68.74% 153.37% 181.93% 98.30% 86.31% 157.93% -
Equity
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Net Worth 220,329 210,325 200,566 218,664 213,741 212,144 207,123 4.21%
NOSH 164,424 164,317 164,398 164,409 164,416 164,453 164,384 0.01%
Ratio Analysis
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
NP Margin 11.14% 12.40% 11.74% 11.31% 11.60% 12.49% 12.32% -
ROE 25.30% 34.09% 26.72% 23.42% 23.48% 26.95% 25.13% -
Per Share
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
RPS 304.35 351.94 277.59 275.28 263.20 278.19 256.90 11.97%
EPS 33.90 43.64 32.60 31.15 30.52 34.76 31.66 4.66%
DPS 30.00 30.00 50.00 56.67 30.00 30.00 50.00 -28.88%
NAPS 1.34 1.28 1.22 1.33 1.30 1.29 1.26 4.19%
Adjusted Per Share Value based on latest NOSH - 164,395
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
RPS 304.42 351.80 277.61 275.32 263.25 278.31 256.89 11.99%
EPS 33.91 43.62 32.60 31.15 30.53 34.77 31.66 4.68%
DPS 30.01 29.99 50.00 56.67 30.01 30.01 50.00 -28.86%
NAPS 1.3403 1.2795 1.2201 1.3302 1.3002 1.2905 1.26 4.20%
Price Multiplier on Financial Quarter End Date
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Date 28/02/05 30/11/04 30/08/04 31/05/04 27/02/04 28/11/03 29/08/03 -
Price 6.60 6.75 6.70 6.70 6.75 6.40 6.70 -
P/RPS 2.17 1.92 2.41 2.43 2.56 2.30 2.61 -11.59%
P/EPS 19.47 15.47 20.55 21.51 22.12 18.41 21.16 -5.40%
EY 5.14 6.47 4.87 4.65 4.52 5.43 4.73 5.70%
DY 4.55 4.44 7.46 8.46 4.44 4.69 7.46 -28.10%
P/NAPS 4.93 5.27 5.49 5.04 5.19 4.96 5.32 -4.95%
Price Multiplier on Announcement Date
28/02/05 30/11/04 31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 CAGR
Date 28/04/05 31/01/05 20/10/04 16/07/04 21/04/04 30/01/04 27/10/03 -
Price 6.65 6.60 6.80 6.80 6.70 6.80 6.85 -
P/RPS 2.18 1.88 2.45 2.47 2.55 2.44 2.67 -12.65%
P/EPS 19.62 15.12 20.86 21.83 21.95 19.56 21.64 -6.32%
EY 5.10 6.61 4.79 4.58 4.56 5.11 4.62 6.81%
DY 4.51 4.55 7.35 8.33 4.48 4.41 7.30 -27.48%
P/NAPS 4.96 5.16 5.57 5.11 5.15 5.27 5.44 -5.97%

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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