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

Announcement Date
28-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- -15.11%
YoY- -5.72%
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Quarter Result
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Revenue 74,121 72,961 71,430 73,699 61,519 56,137 52,924 25.10%
PBT 1,085 1,701 2,054 3,588 3,215 3,480 2,692 -45.34%
Tax -169 -766 -965 -1,576 -845 -1,031 -751 -62.90%
NP 916 935 1,089 2,012 2,370 2,449 1,941 -39.30%
-
NP to SH 916 935 1,089 2,012 2,370 2,449 1,941 -39.30%
-
Tax Rate 15.58% 45.03% 46.98% 43.92% 26.28% 29.63% 27.90% -
Total Cost 73,205 72,026 70,341 71,687 59,149 53,688 50,983 27.19%
-
Net Worth 71,843 72,522 71,802 59,999 70,384 39,987 67,258 4.48%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div - - - 1,199 1,998 - - -
Div Payout % - - - 59.64% 84.32% - - -
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 71,843 72,522 71,802 59,999 70,384 39,987 67,258 4.48%
NOSH 59,869 59,935 59,835 59,999 39,966 39,987 40,020 30.70%
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 1.24% 1.28% 1.52% 2.73% 3.85% 4.36% 3.67% -
ROE 1.28% 1.29% 1.52% 3.35% 3.37% 6.12% 2.89% -
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 123.80 121.73 119.38 122.83 153.93 140.39 132.24 -4.28%
EPS 1.53 1.56 1.82 1.68 5.93 4.08 4.85 -53.56%
DPS 0.00 0.00 0.00 2.00 5.00 0.00 0.00 -
NAPS 1.20 1.21 1.20 1.00 1.7611 1.00 1.6806 -20.06%
Adjusted Per Share Value based on latest NOSH - 59,999
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 61.75 60.78 59.51 61.40 51.25 46.77 44.09 25.10%
EPS 0.76 0.78 0.91 1.68 1.97 2.04 1.62 -39.54%
DPS 0.00 0.00 0.00 1.00 1.66 0.00 0.00 -
NAPS 0.5985 0.6042 0.5982 0.4999 0.5864 0.3331 0.5603 4.48%
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 1.01 1.05 1.22 1.29 1.63 1.93 1.20 -
P/RPS 0.82 0.86 1.02 1.05 1.06 1.37 0.91 -6.68%
P/EPS 66.01 67.31 67.03 38.47 27.49 31.51 24.74 92.02%
EY 1.51 1.49 1.49 2.60 3.64 3.17 4.04 -48.01%
DY 0.00 0.00 0.00 1.55 3.07 0.00 0.00 -
P/NAPS 0.84 0.87 1.02 1.29 0.93 1.93 0.71 11.82%
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 29/11/04 27/08/04 27/05/04 27/02/04 28/11/03 25/08/03 30/05/03 -
Price 0.55 0.93 1.15 1.31 1.37 3.60 1.26 -
P/RPS 0.44 0.76 0.96 1.07 0.89 2.56 0.95 -40.05%
P/EPS 35.95 59.62 63.19 39.07 23.10 58.78 25.98 24.10%
EY 2.78 1.68 1.58 2.56 4.33 1.70 3.85 -19.46%
DY 0.00 0.00 0.00 1.53 3.65 0.00 0.00 -
P/NAPS 0.46 0.77 0.96 1.31 0.78 3.60 0.75 -27.74%

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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