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

Announcement Date
20-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 13.04%
YoY- 69.89%
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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 309,617 304,311 297,762 287,526 252,533 236,312 214,239 27.73%
PBT 36,777 34,229 31,498 29,359 26,173 22,985 20,222 48.83%
Tax -10,288 -9,750 -9,199 -8,671 -7,872 -6,814 -5,927 44.28%
NP 26,489 24,479 22,299 20,688 18,301 16,171 14,295 50.69%
-
NP to SH 26,489 24,479 22,299 20,688 18,301 16,171 14,295 50.69%
-
Tax Rate 27.97% 28.48% 29.21% 29.53% 30.08% 29.65% 29.31% -
Total Cost 283,128 279,832 275,463 266,838 234,232 220,141 199,944 26.02%
-
Net Worth 158,404 152,284 151,805 146,202 142,736 139,149 139,657 8.73%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div 13,102 13,102 10,986 10,986 4,417 4,417 - -
Div Payout % 49.46% 53.52% 49.27% 53.11% 24.14% 27.32% - -
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 158,404 152,284 151,805 146,202 142,736 139,149 139,657 8.73%
NOSH 115,868 116,247 116,567 72,991 73,198 73,624 74,285 34.38%
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 8.56% 8.04% 7.49% 7.20% 7.25% 6.84% 6.67% -
ROE 16.72% 16.07% 14.69% 14.15% 12.82% 11.62% 10.24% -
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 267.21 261.78 255.44 393.92 345.00 320.97 288.40 -4.94%
EPS 22.86 21.06 19.13 28.34 25.00 21.96 19.24 12.14%
DPS 11.31 11.27 9.43 15.00 6.00 6.00 0.00 -
NAPS 1.3671 1.31 1.3023 2.003 1.95 1.89 1.88 -19.08%
Adjusted Per Share Value based on latest NOSH - 72,991
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 53.14 52.23 51.10 49.35 43.34 40.56 36.77 27.74%
EPS 4.55 4.20 3.83 3.55 3.14 2.78 2.45 50.91%
DPS 2.25 2.25 1.89 1.89 0.76 0.76 0.00 -
NAPS 0.2719 0.2614 0.2605 0.2509 0.245 0.2388 0.2397 8.74%
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 0.58 0.59 0.67 0.67 0.55 0.49 0.39 -
P/RPS 0.22 0.23 0.26 0.17 0.16 0.15 0.14 35.05%
P/EPS 2.54 2.80 3.50 2.36 2.20 2.23 2.03 16.06%
EY 39.42 35.69 28.55 42.30 45.46 44.83 49.34 -13.86%
DY 19.50 19.10 14.07 22.39 10.91 12.24 0.00 -
P/NAPS 0.42 0.45 0.51 0.33 0.28 0.26 0.21 58.53%
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 23/11/04 24/08/04 18/05/04 20/02/04 17/11/03 21/08/03 22/05/03 -
Price 0.60 0.51 0.56 0.88 0.78 0.51 0.41 -
P/RPS 0.22 0.19 0.22 0.22 0.23 0.16 0.14 35.05%
P/EPS 2.62 2.42 2.93 3.10 3.12 2.32 2.13 14.75%
EY 38.10 41.29 34.16 32.21 32.05 43.07 46.93 -12.94%
DY 18.85 22.10 16.83 17.05 7.69 11.76 0.00 -
P/NAPS 0.44 0.39 0.43 0.44 0.40 0.27 0.22 58.53%

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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