[WILLOW] QoQ Quarter Result on 31-Mar-2012 [#1]

Announcement Date
23-May-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2012
Quarter
31-Mar-2012 [#1]
Profit Trend
QoQ- -38.91%
YoY- 105.88%
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Quarter Result
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Revenue 27,207 22,372 16,851 16,997 15,652 11,978 12,533 67.26%
PBT 7,053 4,938 3,459 2,744 4,298 2,799 1,832 144.63%
Tax -1,106 -838 -488 -531 -662 -544 -406 94.46%
NP 5,947 4,100 2,971 2,213 3,636 2,255 1,426 157.97%
-
NP to SH 5,982 4,145 3,009 2,240 3,667 2,295 1,457 155.30%
-
Tax Rate 15.68% 16.97% 14.11% 19.35% 15.40% 19.44% 22.16% -
Total Cost 21,260 18,272 13,880 14,784 12,016 9,723 11,107 53.85%
-
Net Worth 72,221 66,441 62,048 64,399 62,120 59,398 58,104 15.52%
Dividend
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Div 7,295 - - - 6,071 - - -
Div Payout % 121.95% - - - 165.56% - - -
Equity
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Net Worth 72,221 66,441 62,048 64,399 62,120 59,398 58,104 15.52%
NOSH 243,170 243,823 242,661 243,478 242,847 246,774 251,206 -2.13%
Ratio Analysis
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
NP Margin 21.86% 18.33% 17.63% 13.02% 23.23% 18.83% 11.38% -
ROE 8.28% 6.24% 4.85% 3.48% 5.90% 3.86% 2.51% -
Per Share
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
RPS 11.19 9.18 6.94 6.98 6.45 4.85 4.99 70.90%
EPS 2.46 1.70 1.24 0.92 1.51 0.93 0.58 160.87%
DPS 3.00 0.00 0.00 0.00 2.50 0.00 0.00 -
NAPS 0.297 0.2725 0.2557 0.2645 0.2558 0.2407 0.2313 18.04%
Adjusted Per Share Value based on latest NOSH - 243,478
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
RPS 5.49 4.51 3.40 3.43 3.16 2.41 2.53 67.21%
EPS 1.21 0.84 0.61 0.45 0.74 0.46 0.29 158.05%
DPS 1.47 0.00 0.00 0.00 1.22 0.00 0.00 -
NAPS 0.1456 0.134 0.1251 0.1298 0.1252 0.1198 0.1171 15.55%
Price Multiplier on Financial Quarter End Date
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Date 31/12/12 28/09/12 29/06/12 30/03/12 30/12/11 30/09/11 30/06/11 -
Price 0.34 0.33 0.29 0.31 0.30 0.26 0.30 -
P/RPS 3.04 3.60 4.18 4.44 4.65 5.36 6.01 -36.38%
P/EPS 13.82 19.41 23.39 33.70 19.87 27.96 51.72 -58.34%
EY 7.24 5.15 4.28 2.97 5.03 3.58 1.93 140.46%
DY 8.82 0.00 0.00 0.00 8.33 0.00 0.00 -
P/NAPS 1.14 1.21 1.13 1.17 1.17 1.08 1.30 -8.34%
Price Multiplier on Announcement Date
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Date 25/02/13 21/11/12 15/08/12 23/05/12 22/02/12 23/11/11 23/08/11 -
Price 0.355 0.32 0.30 0.34 0.31 0.30 0.29 -
P/RPS 3.17 3.49 4.32 4.87 4.81 6.18 5.81 -33.10%
P/EPS 14.43 18.82 24.19 36.96 20.53 32.26 50.00 -56.16%
EY 6.93 5.31 4.13 2.71 4.87 3.10 2.00 128.12%
DY 8.45 0.00 0.00 0.00 8.06 0.00 0.00 -
P/NAPS 1.20 1.17 1.17 1.29 1.21 1.25 1.25 -2.67%

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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