[3A] QoQ TTM Result on 31-Dec-2003 [#4]

Announcement Date
27-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 18.83%
YoY- 41.64%
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TTM Result
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Revenue 57,125 51,366 45,000 40,501 37,770 36,217 32,512 45.45%
PBT 5,936 4,972 3,905 3,234 3,030 2,976 3,216 50.30%
Tax -1,730 -1,346 -914 -615 -826 -829 -867 58.29%
NP 4,206 3,626 2,991 2,619 2,204 2,147 2,349 47.29%
-
NP to SH 4,206 3,626 2,991 2,619 2,204 2,147 2,349 47.29%
-
Tax Rate 29.14% 27.07% 23.41% 19.02% 27.26% 27.86% 26.96% -
Total Cost 52,919 47,740 42,009 37,882 35,566 34,070 30,163 45.31%
-
Net Worth 36,667 35,431 34,190 32,898 32,356 31,773 30,916 12.01%
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 36,667 35,431 34,190 32,898 32,356 31,773 30,916 12.01%
NOSH 140,595 140,434 140,645 138,870 139,767 139,787 138,888 0.81%
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 7.36% 7.06% 6.65% 6.47% 5.84% 5.93% 7.23% -
ROE 11.47% 10.23% 8.75% 7.96% 6.81% 6.76% 7.60% -
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 40.63 36.58 32.00 29.16 27.02 25.91 23.41 44.27%
EPS 2.99 2.58 2.13 1.89 1.58 1.54 1.69 46.12%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.2608 0.2523 0.2431 0.2369 0.2315 0.2273 0.2226 11.10%
Adjusted Per Share Value based on latest NOSH - 138,870
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 11.61 10.44 9.15 8.23 7.68 7.36 6.61 45.42%
EPS 0.85 0.74 0.61 0.53 0.45 0.44 0.48 46.21%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.0745 0.072 0.0695 0.0669 0.0658 0.0646 0.0628 12.02%
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 0.28 0.24 0.25 0.30 0.31 0.24 0.17 -
P/RPS 0.69 0.66 0.78 1.03 1.15 0.93 0.73 -3.67%
P/EPS 9.36 9.30 11.76 15.91 19.66 15.63 10.05 -4.61%
EY 10.68 10.76 8.51 6.29 5.09 6.40 9.95 4.81%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.07 0.95 1.03 1.27 1.34 1.06 0.76 25.53%
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 10/08/04 22/04/04 27/02/04 27/11/03 23/09/03 28/04/03 -
Price 0.30 0.23 0.25 0.28 0.28 0.32 0.18 -
P/RPS 0.74 0.63 0.78 0.96 1.04 1.24 0.77 -2.60%
P/EPS 10.03 8.91 11.76 14.85 17.76 20.83 10.64 -3.84%
EY 9.97 11.23 8.51 6.74 5.63 4.80 9.40 3.99%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.15 0.91 1.03 1.18 1.21 1.41 0.81 26.24%

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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