[ULICORP] QoQ 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- 19.16%
YoY- 28.53%
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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 20,444 17,405 12,596 14,692 17,517 15,664 11,405 47.40%
PBT 5,172 4,946 2,906 3,871 4,042 3,777 2,109 81.55%
Tax -1,526 -1,414 -759 -668 -1,354 -1,163 -563 94.04%
NP 3,646 3,532 2,147 3,203 2,688 2,614 1,546 76.89%
-
NP to SH 3,646 3,532 2,147 3,203 2,688 2,614 1,546 76.89%
-
Tax Rate 29.51% 28.59% 26.12% 17.26% 33.50% 30.79% 26.70% -
Total Cost 16,798 13,873 10,449 11,489 14,829 13,050 9,859 42.51%
-
Net Worth 83,563 80,932 63,570 40,000 58,000 57,555 54,729 32.49%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
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 83,563 80,932 63,570 40,000 58,000 57,555 54,729 32.49%
NOSH 43,980 43,985 39,981 40,000 40,000 39,969 39,948 6.60%
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 17.83% 20.29% 17.05% 21.80% 15.35% 16.69% 13.56% -
ROE 4.36% 4.36% 3.38% 8.01% 4.63% 4.54% 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 46.48 39.57 31.50 36.73 43.79 39.19 28.55 38.26%
EPS 8.29 8.03 5.37 2.50 6.72 6.54 3.87 65.94%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.90 1.84 1.59 1.00 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 9.39 7.99 5.78 6.75 8.04 7.19 5.24 47.37%
EPS 1.67 1.62 0.99 1.47 1.23 1.20 0.71 76.58%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.3837 0.3716 0.2919 0.1837 0.2663 0.2643 0.2513 32.49%
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 3.81 4.50 5.97 5.12 3.56 2.27 2.49 32.68%
P/EPS 21.35 22.17 35.01 23.48 23.21 13.61 18.35 10.59%
EY 4.68 4.51 2.86 4.26 4.31 7.35 5.45 -9.63%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.93 0.97 1.18 1.88 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 8.17 4.47 5.62 5.09 4.45 3.55 2.59 114.63%
P/EPS 45.84 22.04 32.96 23.35 29.02 21.25 19.12 78.84%
EY 2.18 4.54 3.03 4.28 3.45 4.71 5.23 -44.11%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 2.00 0.96 1.11 1.87 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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