[KFC] QoQ TTM Result on 31-Mar-2003 [#1]

Announcement Date
20-May-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- -7.71%
YoY- 17.54%
Quarter Report
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TTM Result
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Revenue 1,380,564 1,352,496 1,338,492 1,306,683 1,247,903 1,174,267 1,115,957 15.19%
PBT 66,056 70,596 72,864 91,549 98,670 89,736 92,175 -19.86%
Tax -25,792 -29,735 -30,249 -34,933 -37,325 -32,317 -35,670 -19.39%
NP 40,264 40,861 42,615 56,616 61,345 57,419 56,505 -20.17%
-
NP to SH 40,264 40,861 42,615 56,616 61,345 57,419 56,505 -20.17%
-
Tax Rate 39.05% 42.12% 41.51% 38.16% 37.83% 36.01% 38.70% -
Total Cost 1,340,300 1,311,635 1,295,877 1,250,067 1,186,558 1,116,848 1,059,452 16.92%
-
Net Worth 366,674 348,081 334,983 347,154 341,677 324,269 300,569 14.13%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div 23,529 17,472 17,472 17,472 17,472 15,409 15,409 32.50%
Div Payout % 58.44% 42.76% 41.00% 30.86% 28.48% 26.84% 27.27% -
Equity
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Net Worth 366,674 348,081 334,983 347,154 341,677 324,269 300,569 14.13%
NOSH 196,082 195,551 194,757 195,030 194,134 194,173 193,915 0.74%
Ratio Analysis
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
NP Margin 2.92% 3.02% 3.18% 4.33% 4.92% 4.89% 5.06% -
ROE 10.98% 11.74% 12.72% 16.31% 17.95% 17.71% 18.80% -
Per Share
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 704.07 691.63 687.26 669.99 642.80 604.75 575.49 14.34%
EPS 20.53 20.90 21.88 29.03 31.60 29.57 29.14 -20.77%
DPS 12.00 9.00 9.00 9.00 9.00 8.00 8.00 30.94%
NAPS 1.87 1.78 1.72 1.78 1.76 1.67 1.55 13.28%
Adjusted Per Share Value based on latest NOSH - 195,030
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 174.31 170.76 169.00 164.98 157.56 148.26 140.90 15.19%
EPS 5.08 5.16 5.38 7.15 7.75 7.25 7.13 -20.17%
DPS 2.97 2.21 2.21 2.21 2.21 1.95 1.95 32.27%
NAPS 0.463 0.4395 0.4229 0.4383 0.4314 0.4094 0.3795 14.13%
Price Multiplier on Financial Quarter End Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 28/06/02 -
Price 2.21 2.10 1.80 1.75 1.75 2.00 2.24 -
P/RPS 0.31 0.30 0.26 0.26 0.27 0.33 0.39 -14.15%
P/EPS 10.76 10.05 8.23 6.03 5.54 6.76 7.69 25.02%
EY 9.29 9.95 12.16 16.59 18.06 14.79 13.01 -20.06%
DY 5.43 4.29 5.00 5.14 5.14 4.00 3.57 32.15%
P/NAPS 1.18 1.18 1.05 0.98 0.99 1.20 1.45 -12.80%
Price Multiplier on Announcement Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 26/02/04 20/11/03 26/08/03 20/05/03 17/02/03 26/11/02 27/08/02 -
Price 2.22 2.18 2.22 1.74 1.71 1.95 2.16 -
P/RPS 0.32 0.32 0.32 0.26 0.27 0.32 0.38 -10.79%
P/EPS 10.81 10.43 10.15 5.99 5.41 6.59 7.41 28.54%
EY 9.25 9.58 9.86 16.68 18.48 15.16 13.49 -22.18%
DY 5.41 4.13 4.05 5.17 5.26 4.10 3.70 28.73%
P/NAPS 1.19 1.22 1.29 0.98 0.97 1.17 1.39 -9.81%

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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