[NSOP] QoQ TTM Result on 30-Sep-2003 [#3]

Announcement Date
28-Nov-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Sep-2003 [#3]
Profit Trend
QoQ- 7.93%
YoY- 132.27%
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TTM Result
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Revenue 48,363 49,334 47,940 48,140 47,572 44,975 43,364 7.55%
PBT 18,922 21,280 19,198 19,523 17,604 14,599 13,287 26.60%
Tax -6,234 -6,990 -6,330 -6,237 -5,294 -4,246 -3,713 41.30%
NP 12,688 14,290 12,868 13,286 12,310 10,353 9,574 20.67%
-
NP to SH 12,688 14,290 12,868 13,286 12,310 10,353 9,574 20.67%
-
Tax Rate 32.95% 32.85% 32.97% 31.95% 30.07% 29.08% 27.94% -
Total Cost 35,675 35,044 35,072 34,854 35,262 34,622 33,790 3.68%
-
Net Worth 202,639 204,779 200,867 202,017 207,013 206,553 208,389 -1.84%
Dividend
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Div 13,447 13,447 9,999 9,999 6,564 9,135 5,825 74.75%
Div Payout % 105.99% 94.11% 77.71% 75.26% 53.33% 88.24% 60.85% -
Equity
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Net Worth 202,639 204,779 200,867 202,017 207,013 206,553 208,389 -1.84%
NOSH 67,999 67,584 67,405 66,893 66,350 66,203 66,155 1.85%
Ratio Analysis
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
NP Margin 26.23% 28.97% 26.84% 27.60% 25.88% 23.02% 22.08% -
ROE 6.26% 6.98% 6.41% 6.58% 5.95% 5.01% 4.59% -
Per Share
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 71.12 73.00 71.12 71.97 71.70 67.93 65.55 5.59%
EPS 18.66 21.14 19.09 19.86 18.55 15.64 14.47 18.49%
DPS 20.00 20.00 15.00 15.00 10.00 13.80 8.81 72.81%
NAPS 2.98 3.03 2.98 3.02 3.12 3.12 3.15 -3.63%
Adjusted Per Share Value based on latest NOSH - 66,893
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 68.89 70.27 68.29 68.57 67.76 64.07 61.77 7.55%
EPS 18.07 20.36 18.33 18.93 17.54 14.75 13.64 20.64%
DPS 19.16 19.16 14.24 14.24 9.35 13.01 8.30 74.75%
NAPS 2.8865 2.917 2.8613 2.8777 2.9488 2.9423 2.9684 -1.84%
Price Multiplier on Financial Quarter End Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 -
Price 2.28 2.52 2.30 2.08 2.02 1.99 2.03 -
P/RPS 3.21 3.45 3.23 2.89 2.82 2.93 3.10 2.35%
P/EPS 12.22 11.92 12.05 10.47 10.89 12.73 14.03 -8.80%
EY 8.18 8.39 8.30 9.55 9.18 7.86 7.13 9.60%
DY 8.77 7.94 6.52 7.21 4.95 6.93 4.34 59.90%
P/NAPS 0.77 0.83 0.77 0.69 0.65 0.64 0.64 13.13%
Price Multiplier on Announcement Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 16/08/04 28/05/04 25/02/04 28/11/03 22/08/03 30/05/03 24/02/03 -
Price 2.22 2.33 2.37 2.17 2.13 2.00 2.05 -
P/RPS 3.12 3.19 3.33 3.02 2.97 2.94 3.13 -0.21%
P/EPS 11.90 11.02 12.41 10.93 11.48 12.79 14.17 -10.99%
EY 8.40 9.07 8.06 9.15 8.71 7.82 7.06 12.29%
DY 9.01 8.58 6.33 6.91 4.69 6.90 4.30 63.81%
P/NAPS 0.74 0.77 0.80 0.72 0.68 0.64 0.65 9.03%

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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