[ULICORP] QoQ Cumulative Quarter Result on 31-Dec-2003 [#4]

Announcement Date
20-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 46.77%
YoY- 16.97%
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Cumulative Result
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Revenue 50,445 30,001 12,596 59,278 44,586 27,069 11,405 168.72%
PBT 13,024 7,852 2,906 13,799 9,928 5,886 2,109 235.48%
Tax -3,699 -2,173 -759 -3,748 -3,080 -1,726 -563 249.59%
NP 9,325 5,679 2,147 10,051 6,848 4,160 1,546 230.27%
-
NP to SH 9,325 5,679 2,147 10,051 6,848 4,160 1,546 230.27%
-
Tax Rate 28.40% 27.67% 26.12% 27.16% 31.02% 29.32% 26.70% -
Total Cost 41,120 24,322 10,449 49,227 37,738 22,909 9,859 158.43%
-
Net Worth 83,612 80,940 63,570 19,199 57,999 57,600 54,729 32.54%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div - - - 1,999 - - - -
Div Payout % - - - 19.90% - - - -
Equity
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Net Worth 83,612 80,940 63,570 19,199 57,999 57,600 54,729 32.54%
NOSH 44,006 43,989 39,981 39,999 39,999 40,000 39,948 6.64%
Ratio Analysis
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
NP Margin 18.49% 18.93% 17.05% 16.96% 15.36% 15.37% 13.56% -
ROE 11.15% 7.02% 3.38% 52.35% 11.81% 7.22% 2.82% -
Per Share
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 114.63 68.20 31.50 148.20 111.47 67.67 28.55 151.97%
EPS 21.19 12.91 5.37 7.85 17.12 10.40 3.87 209.69%
DPS 0.00 0.00 0.00 5.00 0.00 0.00 0.00 -
NAPS 1.90 1.84 1.59 0.48 1.45 1.44 1.37 24.28%
Adjusted Per Share Value based on latest NOSH - 40,000
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 23.16 13.77 5.78 27.22 20.47 12.43 5.24 168.59%
EPS 4.28 2.61 0.99 4.61 3.14 1.91 0.71 230.14%
DPS 0.00 0.00 0.00 0.92 0.00 0.00 0.00 -
NAPS 0.3839 0.3716 0.2919 0.0882 0.2663 0.2645 0.2513 32.54%
Price Multiplier on Financial Quarter End Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 -
Price 1.77 1.78 1.88 1.88 1.56 0.89 0.71 -
P/RPS 1.54 2.61 5.97 1.27 1.40 1.32 2.49 -27.34%
P/EPS 8.35 13.79 35.01 7.48 9.11 8.56 18.35 -40.75%
EY 11.97 7.25 2.86 13.37 10.97 11.69 5.45 68.72%
DY 0.00 0.00 0.00 2.66 0.00 0.00 0.00 -
P/NAPS 0.93 0.97 1.18 3.92 1.08 0.62 0.52 47.18%
Price Multiplier on Announcement Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 26/11/04 17/08/04 20/05/04 20/02/04 07/11/03 22/08/03 23/05/03 -
Price 3.80 1.77 1.77 1.87 1.95 1.39 0.74 -
P/RPS 3.31 2.60 5.62 1.26 1.75 2.05 2.59 17.71%
P/EPS 17.93 13.71 32.96 7.44 11.39 13.37 19.12 -4.18%
EY 5.58 7.29 3.03 13.44 8.78 7.48 5.23 4.40%
DY 0.00 0.00 0.00 2.67 0.00 0.00 0.00 -
P/NAPS 2.00 0.96 1.11 3.90 1.34 0.97 0.54 138.81%

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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