[EMIVEST] QoQ Annualized Quarter Result on 30-Jun-2005 [#2]

Announcement Date
29-Aug-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
30-Jun-2005 [#2]
Profit Trend
QoQ- 97.06%
YoY- 195.16%
Quarter Report
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Annualized Quarter Result
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Revenue 313,080 320,845 318,249 313,946 331,748 300,655 291,349 4.91%
PBT 8,960 15,022 14,404 15,406 8,376 6,697 6,453 24.48%
Tax -2,300 -4,890 -3,581 -2,688 -2,316 -2,064 -2,534 -6.26%
NP 6,660 10,132 10,822 12,718 6,060 4,633 3,918 42.47%
-
NP to SH 6,076 9,724 10,152 11,942 6,060 4,633 3,918 34.01%
-
Tax Rate 25.67% 32.55% 24.86% 17.45% 27.65% 30.82% 39.27% -
Total Cost 306,420 310,713 307,426 301,228 325,688 296,022 287,430 4.36%
-
Net Worth 87,312 86,417 80,336 79,133 75,749 86,381 71,975 13.75%
Dividend
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Div - 4,800 - - - 1,799 - -
Div Payout % - 49.37% - - - 38.84% - -
Equity
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Net Worth 87,312 86,417 80,336 79,133 75,749 86,381 71,975 13.75%
NOSH 119,606 120,024 119,905 119,899 120,238 119,974 59,979 58.49%
Ratio Analysis
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
NP Margin 2.13% 3.16% 3.40% 4.05% 1.83% 1.54% 1.35% -
ROE 6.96% 11.25% 12.64% 15.09% 8.00% 5.36% 5.44% -
Per Share
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
RPS 261.76 267.32 265.42 261.84 275.91 250.60 485.75 -33.80%
EPS 5.08 8.10 8.47 9.96 5.04 3.86 6.53 -15.42%
DPS 0.00 4.00 0.00 0.00 0.00 1.50 0.00 -
NAPS 0.73 0.72 0.67 0.66 0.63 0.72 1.20 -28.22%
Adjusted Per Share Value based on latest NOSH - 120,134
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
RPS 260.83 267.30 265.14 261.55 276.38 250.48 242.73 4.91%
EPS 5.06 8.10 8.46 9.95 5.05 3.86 3.26 34.09%
DPS 0.00 4.00 0.00 0.00 0.00 1.50 0.00 -
NAPS 0.7274 0.72 0.6693 0.6593 0.6311 0.7197 0.5996 13.76%
Price Multiplier on Financial Quarter End Date
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Date 31/03/06 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 -
Price 0.61 0.54 0.50 0.41 0.45 0.51 1.01 -
P/RPS 0.23 0.20 0.19 0.16 0.16 0.20 0.21 6.25%
P/EPS 12.01 6.67 5.91 4.12 8.93 13.21 15.46 -15.50%
EY 8.33 15.00 16.93 24.29 11.20 7.57 6.47 18.36%
DY 0.00 7.41 0.00 0.00 0.00 2.94 0.00 -
P/NAPS 0.84 0.75 0.75 0.62 0.71 0.71 0.84 0.00%
Price Multiplier on Announcement Date
31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 CAGR
Date 12/06/06 27/02/06 29/11/05 29/08/05 27/05/05 24/02/05 29/11/04 -
Price 0.60 0.77 0.41 0.46 0.40 0.49 0.55 -
P/RPS 0.23 0.29 0.15 0.18 0.14 0.20 0.11 63.58%
P/EPS 11.81 9.50 4.84 4.62 7.94 12.69 8.42 25.32%
EY 8.47 10.52 20.65 21.65 12.60 7.88 11.88 -20.20%
DY 0.00 5.19 0.00 0.00 0.00 3.06 0.00 -
P/NAPS 0.82 1.07 0.61 0.70 0.63 0.68 0.46 47.06%

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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