[WILLOW] QoQ TTM Result on 30-Jun-2012 [#2]

Announcement Date
15-Aug-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2012
Quarter
30-Jun-2012 [#2]
Profit Trend
QoQ- 16.07%
YoY- 61.61%
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TTM Result
31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 CAGR
Revenue 88,191 83,427 71,872 61,478 57,160 52,160 51,571 42.95%
PBT 19,809 18,194 15,439 13,300 11,673 10,180 9,129 67.52%
Tax -3,180 -2,963 -2,519 -2,225 -2,143 -1,799 -1,955 38.26%
NP 16,629 15,231 12,920 11,075 9,530 8,381 7,174 75.05%
-
NP to SH 16,719 15,376 13,061 11,211 9,659 8,507 7,279 73.99%
-
Tax Rate 16.05% 16.29% 16.32% 16.73% 18.36% 17.67% 21.42% -
Total Cost 71,562 68,196 58,952 50,403 47,630 43,779 44,397 37.43%
-
Net Worth 75,779 72,221 66,441 62,048 64,399 62,120 59,398 17.61%
Dividend
31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 CAGR
Div 7,295 7,295 6,071 6,071 6,071 6,071 7,390 -0.85%
Div Payout % 43.63% 47.44% 46.48% 54.15% 62.86% 71.37% 101.54% -
Equity
31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 CAGR
Net Worth 75,779 72,221 66,441 62,048 64,399 62,120 59,398 17.61%
NOSH 243,741 243,170 243,823 242,661 243,478 242,847 246,774 -0.82%
Ratio Analysis
31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 CAGR
NP Margin 18.86% 18.26% 17.98% 18.01% 16.67% 16.07% 13.91% -
ROE 22.06% 21.29% 19.66% 18.07% 15.00% 13.69% 12.25% -
Per Share
31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 CAGR
RPS 36.18 34.31 29.48 25.33 23.48 21.48 20.90 44.12%
EPS 6.86 6.32 5.36 4.62 3.97 3.50 2.95 75.43%
DPS 3.00 3.00 2.50 2.50 2.49 2.50 3.00 0.00%
NAPS 0.3109 0.297 0.2725 0.2557 0.2645 0.2558 0.2407 18.58%
Adjusted Per Share Value based on latest NOSH - 242,661
31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 CAGR
RPS 17.78 16.82 14.49 12.39 11.52 10.52 10.40 42.93%
EPS 3.37 3.10 2.63 2.26 1.95 1.72 1.47 73.77%
DPS 1.47 1.47 1.22 1.22 1.22 1.22 1.49 -0.89%
NAPS 0.1528 0.1456 0.134 0.1251 0.1298 0.1252 0.1198 17.59%
Price Multiplier on Financial Quarter End Date
31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 CAGR
Date 29/03/13 31/12/12 28/09/12 29/06/12 30/03/12 30/12/11 30/09/11 -
Price 0.39 0.34 0.33 0.29 0.31 0.30 0.26 -
P/RPS 1.08 0.99 1.12 1.14 1.32 1.40 1.24 -8.79%
P/EPS 5.69 5.38 6.16 6.28 7.81 8.56 8.81 -25.26%
EY 17.59 18.60 16.23 15.93 12.80 11.68 11.34 33.96%
DY 7.69 8.82 7.58 8.62 8.04 8.33 11.54 -23.68%
P/NAPS 1.25 1.14 1.21 1.13 1.17 1.17 1.08 10.22%
Price Multiplier on Announcement Date
31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 CAGR
Date 29/05/13 25/02/13 21/11/12 15/08/12 23/05/12 22/02/12 23/11/11 -
Price 0.585 0.355 0.32 0.30 0.34 0.31 0.30 -
P/RPS 1.62 1.03 1.09 1.18 1.45 1.44 1.44 8.16%
P/EPS 8.53 5.61 5.97 6.49 8.57 8.85 10.17 -11.05%
EY 11.73 17.81 16.74 15.40 11.67 11.30 9.83 12.49%
DY 5.13 8.45 7.81 8.33 7.33 8.06 10.00 -35.89%
P/NAPS 1.88 1.20 1.17 1.17 1.29 1.21 1.25 31.23%

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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