[MSNIAGA] QoQ TTM Result on 31-Mar-2004 [#1]

Announcement Date
29-Apr-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 2.22%
YoY- 0.03%
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TTM Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 297,380 301,250 308,214 303,970 269,742 244,493 236,715 16.34%
PBT 23,482 25,144 27,032 27,540 27,029 27,366 28,387 -11.82%
Tax -7,428 -7,577 -8,168 -8,505 -8,408 -7,727 -8,417 -7.96%
NP 16,054 17,567 18,864 19,035 18,621 19,639 19,970 -13.48%
-
NP to SH 16,054 17,567 18,864 19,035 18,621 19,639 19,970 -13.48%
-
Tax Rate 31.63% 30.13% 30.22% 30.88% 31.11% 28.24% 29.65% -
Total Cost 281,326 283,683 289,350 284,935 251,121 224,854 216,745 18.89%
-
Net Worth 160,405 148,572 146,816 148,106 144,970 137,628 134,041 12.65%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Net Worth 160,405 148,572 146,816 148,106 144,970 137,628 134,041 12.65%
NOSH 60,530 60,395 60,418 60,451 60,404 60,363 60,108 0.46%
Ratio Analysis
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
NP Margin 5.40% 5.83% 6.12% 6.26% 6.90% 8.03% 8.44% -
ROE 10.01% 11.82% 12.85% 12.85% 12.84% 14.27% 14.90% -
Per Share
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 491.29 498.80 510.13 502.83 446.56 405.04 393.82 15.80%
EPS 26.52 29.09 31.22 31.49 30.83 32.53 33.22 -13.88%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 2.65 2.46 2.43 2.45 2.40 2.28 2.23 12.13%
Adjusted Per Share Value based on latest NOSH - 60,451
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 492.61 499.02 510.55 503.52 446.83 405.00 392.12 16.34%
EPS 26.59 29.10 31.25 31.53 30.85 32.53 33.08 -13.49%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 2.6571 2.4611 2.432 2.4534 2.4014 2.2798 2.2204 12.65%
Price Multiplier on Financial Quarter End Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 -
Price 3.54 3.92 3.70 4.54 5.10 4.82 4.72 -
P/RPS 0.72 0.79 0.73 0.90 1.14 1.19 1.20 -28.75%
P/EPS 13.35 13.48 11.85 14.42 16.54 14.81 14.21 -4.05%
EY 7.49 7.42 8.44 6.94 6.04 6.75 7.04 4.19%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.34 1.59 1.52 1.85 2.12 2.11 2.12 -26.24%
Price Multiplier on Announcement Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 25/02/05 02/11/04 05/08/04 29/04/04 26/02/04 03/11/03 01/08/03 -
Price 3.34 3.66 3.86 4.30 4.80 5.25 4.88 -
P/RPS 0.68 0.73 0.76 0.86 1.07 1.30 1.24 -32.88%
P/EPS 12.59 12.58 12.36 13.66 15.57 16.14 14.69 -9.73%
EY 7.94 7.95 8.09 7.32 6.42 6.20 6.81 10.72%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.26 1.49 1.59 1.76 2.00 2.30 2.19 -30.70%

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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