[EMIVEST] QoQ Annualized Quarter Result on 30-Jun-2003 [#2]

Announcement Date
25-Aug-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Jun-2003 [#2]
Profit Trend
QoQ- 13.09%
YoY- -5.04%
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Annualized Quarter Result
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Revenue 285,720 244,279 227,440 218,122 211,696 248,490 240,493 12.16%
PBT 8,216 12,975 12,516 12,344 10,768 12,576 12,946 -26.12%
Tax -3,860 -4,203 -3,502 -3,564 -3,004 -3,620 -3,850 0.17%
NP 4,356 8,772 9,013 8,780 7,764 8,956 9,096 -38.76%
-
NP to SH 4,356 8,772 9,013 8,780 7,764 8,956 9,096 -38.76%
-
Tax Rate 46.98% 32.39% 27.98% 28.87% 27.90% 28.78% 29.74% -
Total Cost 281,364 235,507 218,426 209,342 203,932 239,534 231,397 13.90%
-
Net Worth 71,802 35,392 39,994 40,007 67,258 65,607 64,515 7.38%
Dividend
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Div - 2,699 2,666 - - 4,000 2,666 -
Div Payout % - 30.77% 29.58% - - 44.67% 29.32% -
Equity
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Net Worth 71,802 35,392 39,994 40,007 67,258 65,607 64,515 7.38%
NOSH 59,835 59,987 39,994 40,007 40,020 40,004 39,999 30.76%
Ratio Analysis
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
NP Margin 1.52% 3.59% 3.96% 4.03% 3.67% 3.60% 3.78% -
ROE 6.07% 24.78% 22.54% 21.95% 11.54% 13.65% 14.10% -
Per Share
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 477.51 407.22 568.68 545.20 528.97 621.16 601.23 -14.22%
EPS 7.28 7.31 15.03 14.64 19.40 14.93 22.75 -53.18%
DPS 0.00 4.50 6.67 0.00 0.00 10.00 6.67 -
NAPS 1.20 0.59 1.00 1.00 1.6806 1.64 1.6129 -17.87%
Adjusted Per Share Value based on latest NOSH - 39,987
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 238.04 203.51 189.48 181.72 176.37 207.02 200.36 12.16%
EPS 3.63 7.31 7.51 7.31 6.47 7.46 7.58 -38.76%
DPS 0.00 2.25 2.22 0.00 0.00 3.33 2.22 -
NAPS 0.5982 0.2949 0.3332 0.3333 0.5603 0.5466 0.5375 7.38%
Price Multiplier on Financial Quarter End Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 -
Price 1.22 1.29 1.63 1.93 1.20 1.32 1.73 -
P/RPS 0.26 0.32 0.29 0.35 0.23 0.21 0.29 -7.01%
P/EPS 16.76 8.82 7.23 8.79 6.19 5.90 7.61 69.19%
EY 5.97 11.34 13.83 11.37 16.17 16.96 13.14 -40.87%
DY 0.00 3.49 4.09 0.00 0.00 7.58 3.85 -
P/NAPS 1.02 2.19 1.63 1.93 0.71 0.80 1.07 -3.13%
Price Multiplier on Announcement Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 27/05/04 27/02/04 28/11/03 25/08/03 30/05/03 09/04/03 27/01/03 -
Price 1.15 1.31 1.37 3.60 1.26 1.25 1.42 -
P/RPS 0.24 0.32 0.24 0.66 0.24 0.20 0.24 0.00%
P/EPS 15.80 8.96 6.08 16.40 6.49 5.58 6.24 85.66%
EY 6.33 11.16 16.45 6.10 15.40 17.91 16.01 -46.10%
DY 0.00 3.44 4.87 0.00 0.00 8.00 4.69 -
P/NAPS 0.96 2.22 1.37 3.60 0.75 0.76 0.88 5.96%

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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