[VS] QoQ TTM Result on 31-Jul-2011 [#4]

Announcement Date
29-Sep-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jul-2011
Quarter
31-Jul-2011 [#4]
Profit Trend
QoQ- -32.33%
YoY- 14.13%
Quarter Report
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TTM Result
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Revenue 1,096,963 1,072,118 1,061,862 1,026,818 1,014,472 945,136 870,732 16.66%
PBT 43,148 41,071 46,165 51,363 56,898 54,517 47,462 -6.16%
Tax -26,422 -25,389 -27,269 -29,927 -16,288 -16,872 -15,103 45.23%
NP 16,726 15,682 18,896 21,436 40,610 37,645 32,359 -35.61%
-
NP to SH 24,930 22,839 26,297 27,721 40,963 38,910 33,245 -17.47%
-
Tax Rate 61.24% 61.82% 59.07% 58.27% 28.63% 30.95% 31.82% -
Total Cost 1,080,237 1,056,436 1,042,966 1,005,382 973,862 907,491 838,373 18.42%
-
Net Worth 402,205 393,801 395,402 388,243 397,262 387,767 386,660 2.66%
Dividend
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Div 21,764 20,861 21,741 16,252 19,774 17,053 15,237 26.85%
Div Payout % 87.30% 91.34% 82.68% 58.63% 48.27% 43.83% 45.83% -
Equity
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Net Worth 402,205 393,801 395,402 388,243 397,262 387,767 386,660 2.66%
NOSH 181,173 181,475 181,377 181,422 181,398 180,357 179,009 0.80%
Ratio Analysis
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
NP Margin 1.52% 1.46% 1.78% 2.09% 4.00% 3.98% 3.72% -
ROE 6.20% 5.80% 6.65% 7.14% 10.31% 10.03% 8.60% -
Per Share
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
RPS 605.48 590.78 585.44 565.98 559.25 524.04 486.42 15.73%
EPS 13.76 12.59 14.50 15.28 22.58 21.57 18.57 -18.12%
DPS 12.00 11.50 12.00 9.00 11.00 9.50 8.50 25.87%
NAPS 2.22 2.17 2.18 2.14 2.19 2.15 2.16 1.84%
Adjusted Per Share Value based on latest NOSH - 181,422
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
RPS 28.02 27.39 27.13 26.23 25.91 24.14 22.24 16.66%
EPS 0.64 0.58 0.67 0.71 1.05 0.99 0.85 -17.25%
DPS 0.56 0.53 0.56 0.42 0.51 0.44 0.39 27.30%
NAPS 0.1027 0.1006 0.101 0.0992 0.1015 0.0991 0.0988 2.61%
Price Multiplier on Financial Quarter End Date
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Date 30/04/12 31/01/12 31/10/11 29/07/11 29/04/11 31/01/11 29/10/10 -
Price 1.59 1.59 1.36 1.55 1.90 1.91 1.60 -
P/RPS 0.26 0.27 0.23 0.27 0.34 0.36 0.33 -14.70%
P/EPS 11.55 12.63 9.38 10.14 8.41 8.85 8.62 21.56%
EY 8.65 7.92 10.66 9.86 11.89 11.30 11.61 -17.83%
DY 7.55 7.23 8.82 5.81 5.79 4.97 5.31 26.47%
P/NAPS 0.72 0.73 0.62 0.72 0.87 0.89 0.74 -1.81%
Price Multiplier on Announcement Date
30/04/12 31/01/12 31/10/11 31/07/11 30/04/11 31/01/11 31/10/10 CAGR
Date 27/06/12 29/03/12 30/12/11 29/09/11 27/06/11 31/03/11 29/12/10 -
Price 1.58 1.55 1.57 1.31 1.66 1.96 2.12 -
P/RPS 0.26 0.26 0.27 0.23 0.30 0.37 0.44 -29.60%
P/EPS 11.48 12.32 10.83 8.57 7.35 9.09 11.42 0.35%
EY 8.71 8.12 9.23 11.66 13.60 11.01 8.76 -0.38%
DY 7.59 7.42 7.64 6.87 6.63 4.85 4.01 53.07%
P/NAPS 0.71 0.71 0.72 0.61 0.76 0.91 0.98 -19.35%

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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