[FAVCO] QoQ Annualized Quarter Result on 31-Dec-2011 [#4]

Announcement Date
22-Feb-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Dec-2011 [#4]
Profit Trend
QoQ- 30.38%
YoY- 66.41%
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Annualized Quarter Result
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Revenue 700,133 668,366 516,404 482,353 404,534 390,122 340,724 61.41%
PBT 74,318 61,334 43,988 52,193 38,522 26,632 16,732 169.47%
Tax -10,569 -2,352 -2,932 -4,601 -2,009 -2,814 -1,264 310.37%
NP 63,749 58,982 41,056 47,592 36,513 23,818 15,468 156.39%
-
NP to SH 64,837 60,062 41,128 47,606 36,513 23,818 15,468 159.29%
-
Tax Rate 14.22% 3.83% 6.67% 8.82% 5.22% 10.57% 7.55% -
Total Cost 636,384 609,384 475,348 434,761 368,021 366,304 325,256 56.24%
-
Net Worth 274,137 266,982 247,197 235,433 215,587 209,428 200,445 23.14%
Dividend
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Div - - - 10,701 - - - -
Div Payout % - - - 22.48% - - - -
Equity
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Net Worth 274,137 266,982 247,197 235,433 215,587 209,428 200,445 23.14%
NOSH 179,174 179,182 179,128 178,358 178,171 177,481 177,385 0.66%
Ratio Analysis
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
NP Margin 9.11% 8.82% 7.95% 9.87% 9.03% 6.11% 4.54% -
ROE 23.65% 22.50% 16.64% 20.22% 16.94% 11.37% 7.72% -
Per Share
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
RPS 390.75 373.01 288.29 270.44 227.05 219.81 192.08 60.34%
EPS 36.19 33.52 22.96 26.69 20.49 13.42 8.72 157.58%
DPS 0.00 0.00 0.00 6.00 0.00 0.00 0.00 -
NAPS 1.53 1.49 1.38 1.32 1.21 1.18 1.13 22.32%
Adjusted Per Share Value based on latest NOSH - 179,087
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
RPS 295.95 282.52 218.29 203.89 171.00 164.91 144.03 61.41%
EPS 27.41 25.39 17.39 20.12 15.43 10.07 6.54 159.27%
DPS 0.00 0.00 0.00 4.52 0.00 0.00 0.00 -
NAPS 1.1588 1.1286 1.0449 0.9952 0.9113 0.8853 0.8473 23.14%
Price Multiplier on Financial Quarter End Date
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Date 28/09/12 29/06/12 30/03/12 30/12/11 30/09/11 30/06/11 31/03/11 -
Price 1.75 1.51 1.36 1.22 0.94 1.43 1.07 -
P/RPS 0.45 0.40 0.47 0.45 0.41 0.65 0.56 -13.53%
P/EPS 4.84 4.50 5.92 4.57 4.59 10.66 12.27 -46.12%
EY 20.68 22.20 16.88 21.88 21.80 9.38 8.15 85.72%
DY 0.00 0.00 0.00 4.92 0.00 0.00 0.00 -
P/NAPS 1.14 1.01 0.99 0.92 0.78 1.21 0.95 12.88%
Price Multiplier on Announcement Date
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Date 26/11/12 27/08/12 28/05/12 22/02/12 22/11/11 23/08/11 23/05/11 -
Price 1.64 1.75 1.45 1.25 1.19 1.16 1.42 -
P/RPS 0.42 0.47 0.50 0.46 0.52 0.53 0.74 -31.37%
P/EPS 4.53 5.22 6.32 4.68 5.81 8.64 16.28 -57.27%
EY 22.07 19.15 15.83 21.35 17.22 11.57 6.14 134.10%
DY 0.00 0.00 0.00 4.80 0.00 0.00 0.00 -
P/NAPS 1.07 1.17 1.05 0.95 0.98 0.98 1.26 -10.29%

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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