[EMIVEST] QoQ Annualized Quarter Result on 30-Jun-2004 [#2]

Announcement Date
27-Aug-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Jun-2004 [#2]
Profit Trend
QoQ- -7.12%
YoY- -53.92%
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Annualized Quarter Result
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Revenue 331,748 300,655 291,349 288,782 285,720 244,279 227,440 28.58%
PBT 8,376 6,697 6,453 7,508 8,216 12,975 12,516 -23.47%
Tax -2,316 -2,064 -2,534 -3,462 -3,860 -4,203 -3,502 -24.07%
NP 6,060 4,633 3,918 4,046 4,356 8,772 9,013 -23.23%
-
NP to SH 6,060 4,633 3,918 4,046 4,356 8,772 9,013 -23.23%
-
Tax Rate 27.65% 30.82% 39.27% 46.11% 46.98% 32.39% 27.98% -
Total Cost 325,688 296,022 287,430 284,736 281,364 235,507 218,426 30.48%
-
Net Worth 75,749 86,381 71,975 72,635 71,802 35,392 39,994 53.02%
Dividend
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Div - 1,799 - - - 2,699 2,666 -
Div Payout % - 38.84% - - - 30.77% 29.58% -
Equity
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Net Worth 75,749 86,381 71,975 72,635 71,802 35,392 39,994 53.02%
NOSH 120,238 119,974 59,979 60,029 59,835 59,987 39,994 108.16%
Ratio Analysis
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
NP Margin 1.83% 1.54% 1.35% 1.40% 1.52% 3.59% 3.96% -
ROE 8.00% 5.36% 5.44% 5.57% 6.07% 24.78% 22.54% -
Per Share
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 275.91 250.60 485.75 481.07 477.51 407.22 568.68 -38.22%
EPS 5.04 3.86 6.53 6.74 7.28 7.31 15.03 -51.70%
DPS 0.00 1.50 0.00 0.00 0.00 4.50 6.67 -
NAPS 0.63 0.72 1.20 1.21 1.20 0.59 1.00 -26.48%
Adjusted Per Share Value based on latest NOSH - 59,935
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 276.38 250.48 242.73 240.59 238.04 203.51 189.48 28.58%
EPS 5.05 3.86 3.26 3.37 3.63 7.31 7.51 -23.22%
DPS 0.00 1.50 0.00 0.00 0.00 2.25 2.22 -
NAPS 0.6311 0.7197 0.5996 0.6051 0.5982 0.2949 0.3332 53.02%
Price Multiplier on Financial Quarter End Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 -
Price 0.45 0.51 1.01 1.05 1.22 1.29 1.63 -
P/RPS 0.16 0.20 0.21 0.22 0.26 0.32 0.29 -32.70%
P/EPS 8.93 13.21 15.46 15.58 16.76 8.82 7.23 15.10%
EY 11.20 7.57 6.47 6.42 5.97 11.34 13.83 -13.10%
DY 0.00 2.94 0.00 0.00 0.00 3.49 4.09 -
P/NAPS 0.71 0.71 0.84 0.87 1.02 2.19 1.63 -42.50%
Price Multiplier on Announcement Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 27/05/05 24/02/05 29/11/04 27/08/04 27/05/04 27/02/04 28/11/03 -
Price 0.40 0.49 0.55 0.93 1.15 1.31 1.37 -
P/RPS 0.14 0.20 0.11 0.19 0.24 0.32 0.24 -30.16%
P/EPS 7.94 12.69 8.42 13.80 15.80 8.96 6.08 19.45%
EY 12.60 7.88 11.88 7.25 6.33 11.16 16.45 -16.27%
DY 0.00 3.06 0.00 0.00 0.00 3.44 4.87 -
P/NAPS 0.63 0.68 0.46 0.77 0.96 2.22 1.37 -40.39%

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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