[WILLOW] QoQ TTM Result on 31-Dec-2012 [#4]

Announcement Date
25-Feb-2013
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2012
Quarter
31-Dec-2012 [#4]
Profit Trend
QoQ- 17.72%
YoY- 80.75%
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TTM Result
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Revenue 99,291 92,744 88,191 83,427 71,872 61,478 57,160 44.45%
PBT 22,728 21,130 19,809 18,194 15,439 13,300 11,673 55.86%
Tax -3,868 -3,523 -3,180 -2,963 -2,519 -2,225 -2,143 48.19%
NP 18,860 17,607 16,629 15,231 12,920 11,075 9,530 57.56%
-
NP to SH 18,935 17,681 16,719 15,376 13,061 11,211 9,659 56.57%
-
Tax Rate 17.02% 16.67% 16.05% 16.29% 16.32% 16.73% 18.36% -
Total Cost 80,431 75,137 71,562 68,196 58,952 50,403 47,630 41.76%
-
Net Worth 79,161 72,842 75,779 72,221 66,441 62,048 64,399 14.73%
Dividend
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Div 7,295 7,295 7,295 7,295 6,071 6,071 6,071 13.01%
Div Payout % 38.53% 41.26% 43.63% 47.44% 46.48% 54.15% 62.86% -
Equity
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Net Worth 79,161 72,842 75,779 72,221 66,441 62,048 64,399 14.73%
NOSH 243,198 243,619 243,741 243,170 243,823 242,661 243,478 -0.07%
Ratio Analysis
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
NP Margin 18.99% 18.98% 18.86% 18.26% 17.98% 18.01% 16.67% -
ROE 23.92% 24.27% 22.06% 21.29% 19.66% 18.07% 15.00% -
Per Share
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
RPS 40.83 38.07 36.18 34.31 29.48 25.33 23.48 44.55%
EPS 7.79 7.26 6.86 6.32 5.36 4.62 3.97 56.67%
DPS 3.00 3.00 3.00 3.00 2.50 2.50 2.49 13.21%
NAPS 0.3255 0.299 0.3109 0.297 0.2725 0.2557 0.2645 14.82%
Adjusted Per Share Value based on latest NOSH - 243,170
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
RPS 20.02 18.70 17.78 16.82 14.49 12.39 11.52 44.49%
EPS 3.82 3.56 3.37 3.10 2.63 2.26 1.95 56.49%
DPS 1.47 1.47 1.47 1.47 1.22 1.22 1.22 13.21%
NAPS 0.1596 0.1469 0.1528 0.1456 0.134 0.1251 0.1298 14.75%
Price Multiplier on Financial Quarter End Date
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Date 30/09/13 28/06/13 29/03/13 31/12/12 28/09/12 29/06/12 30/03/12 -
Price 0.505 0.495 0.39 0.34 0.33 0.29 0.31 -
P/RPS 1.24 1.30 1.08 0.99 1.12 1.14 1.32 -4.07%
P/EPS 6.49 6.82 5.69 5.38 6.16 6.28 7.81 -11.60%
EY 15.42 14.66 17.59 18.60 16.23 15.93 12.80 13.20%
DY 5.94 6.06 7.69 8.82 7.58 8.62 8.04 -18.26%
P/NAPS 1.55 1.66 1.25 1.14 1.21 1.13 1.17 20.60%
Price Multiplier on Announcement Date
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Date 20/11/13 21/08/13 29/05/13 25/02/13 21/11/12 15/08/12 23/05/12 -
Price 0.645 0.54 0.585 0.355 0.32 0.30 0.34 -
P/RPS 1.58 1.42 1.62 1.03 1.09 1.18 1.45 5.88%
P/EPS 8.28 7.44 8.53 5.61 5.97 6.49 8.57 -2.26%
EY 12.07 13.44 11.73 17.81 16.74 15.40 11.67 2.27%
DY 4.65 5.56 5.13 8.45 7.81 8.33 7.33 -26.14%
P/NAPS 1.98 1.81 1.88 1.20 1.17 1.17 1.29 33.02%

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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