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

Announcement Date
29-May-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- -15.22%
YoY- 94.79%
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 223,359 250,116 244,896 237,683 234,608 192,079 137,239 38.23%
PBT 23,267 24,834 26,182 31,345 34,467 31,806 23,450 -0.51%
Tax -15,708 -11,359 -8,937 -10,506 -9,887 -10,407 -7,914 57.73%
NP 7,559 13,475 17,245 20,839 24,580 21,399 15,536 -38.05%
-
NP to SH 7,559 13,475 17,245 20,839 24,580 22,480 16,617 -40.76%
-
Tax Rate 67.51% 45.74% 34.13% 33.52% 28.69% 32.72% 33.75% -
Total Cost 215,800 236,641 227,651 216,844 210,028 170,680 121,703 46.34%
-
Net Worth 88,749 63,424 64,583 63,622 59,632 98,713 93,269 -3.24%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div 4,437 4,770 4,770 4,770 4,770 - - -
Div Payout % 58.70% 35.40% 27.66% 22.89% 19.41% - - -
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 88,749 63,424 64,583 63,622 59,632 98,713 93,269 -3.24%
NOSH 88,749 63,424 64,583 63,622 59,632 59,826 59,787 30.03%
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 3.38% 5.39% 7.04% 8.77% 10.48% 11.14% 11.32% -
ROE 8.52% 21.25% 26.70% 32.75% 41.22% 22.77% 17.82% -
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 251.67 394.35 379.19 373.58 393.43 321.06 229.54 6.31%
EPS 8.52 21.25 26.70 32.75 41.22 37.58 27.79 -54.43%
DPS 5.00 7.52 7.39 7.50 8.00 0.00 0.00 -
NAPS 1.00 1.00 1.00 1.00 1.00 1.65 1.56 -25.59%
Adjusted Per Share Value based on latest NOSH - 63,622
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 128.04 143.37 140.38 136.25 134.48 110.11 78.67 38.24%
EPS 4.33 7.72 9.89 11.95 14.09 12.89 9.53 -40.81%
DPS 2.54 2.73 2.73 2.73 2.73 0.00 0.00 -
NAPS 0.5087 0.3636 0.3702 0.3647 0.3418 0.5659 0.5346 -3.24%
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 2.07 3.18 2.98 2.86 3.18 3.06 3.40 -
P/RPS 0.82 0.81 0.79 0.77 0.81 0.95 1.48 -32.46%
P/EPS 24.30 14.97 11.16 8.73 7.71 8.14 12.23 57.84%
EY 4.11 6.68 8.96 11.45 12.96 12.28 8.17 -36.66%
DY 2.42 2.37 2.48 2.62 2.52 0.00 0.00 -
P/NAPS 2.07 3.18 2.98 2.86 3.18 1.85 2.18 -3.38%
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 27/02/04 21/11/03 28/08/03 29/05/03 28/02/03 28/11/02 - -
Price 2.20 2.46 3.20 3.12 3.08 3.26 0.00 -
P/RPS 0.87 0.62 0.84 0.84 0.78 1.02 0.00 -
P/EPS 25.83 11.58 11.98 9.53 7.47 8.68 0.00 -
EY 3.87 8.64 8.34 10.50 13.38 11.53 0.00 -
DY 2.27 3.06 2.31 2.40 2.60 0.00 0.00 -
P/NAPS 2.20 2.46 3.20 3.12 3.08 1.98 0.00 -

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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