[ULICORP] QoQ TTM Result on 31-Mar-2008 [#1]

Announcement Date
23-May-2008
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2008
Quarter
31-Mar-2008 [#1]
Profit Trend
QoQ- 21.74%
YoY- 38.75%
Quarter Report
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TTM Result
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Revenue 157,830 161,640 165,758 161,068 145,803 135,441 121,878 18.71%
PBT 27,420 29,378 23,318 15,318 12,228 15,111 14,069 55.71%
Tax -6,159 -7,464 -5,287 -3,044 -2,146 -4,352 -4,323 26.47%
NP 21,261 21,914 18,031 12,274 10,082 10,759 9,746 67.80%
-
NP to SH 21,261 21,914 18,031 12,274 10,082 10,759 9,746 67.80%
-
Tax Rate 22.46% 25.41% 22.67% 19.87% 17.55% 28.80% 30.73% -
Total Cost 136,569 139,726 147,727 148,794 135,721 124,682 112,132 13.97%
-
Net Worth 120,412 119,422 112,233 106,038 101,363 99,516 96,649 15.70%
Dividend
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Div 2,641 2,641 2,641 3,961 1,320 2,642 2,642 -0.02%
Div Payout % 12.42% 12.05% 14.65% 32.27% 13.10% 24.56% 27.11% -
Equity
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Net Worth 120,412 119,422 112,233 106,038 101,363 99,516 96,649 15.70%
NOSH 131,168 131,958 132,038 132,052 131,984 131,810 132,034 -0.43%
Ratio Analysis
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
NP Margin 13.47% 13.56% 10.88% 7.62% 6.91% 7.94% 8.00% -
ROE 17.66% 18.35% 16.07% 11.58% 9.95% 10.81% 10.08% -
Per Share
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
RPS 120.33 122.49 125.54 121.97 110.47 102.75 92.31 19.23%
EPS 16.21 16.61 13.66 9.29 7.64 8.16 7.38 68.57%
DPS 2.00 2.00 2.00 3.00 1.00 2.00 2.00 0.00%
NAPS 0.918 0.905 0.85 0.803 0.768 0.755 0.732 16.21%
Adjusted Per Share Value based on latest NOSH - 132,052
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
RPS 72.47 74.21 76.11 73.95 66.94 62.19 55.96 18.71%
EPS 9.76 10.06 8.28 5.64 4.63 4.94 4.47 67.90%
DPS 1.21 1.21 1.21 1.82 0.61 1.21 1.21 0.00%
NAPS 0.5529 0.5483 0.5153 0.4869 0.4654 0.4569 0.4438 15.70%
Price Multiplier on Financial Quarter End Date
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Date 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 28/09/07 29/06/07 -
Price 0.41 0.38 0.37 0.38 0.43 0.48 0.74 -
P/RPS 0.34 0.31 0.29 0.31 0.39 0.47 0.80 -43.32%
P/EPS 2.53 2.29 2.71 4.09 5.63 5.88 10.03 -59.91%
EY 39.53 43.70 36.91 24.46 17.76 17.01 9.97 149.46%
DY 4.88 5.26 5.41 7.89 2.33 4.17 2.70 48.11%
P/NAPS 0.45 0.42 0.44 0.47 0.56 0.64 1.01 -41.52%
Price Multiplier on Announcement Date
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Date 27/02/09 26/11/08 26/08/08 23/05/08 27/02/08 26/11/07 27/08/07 -
Price 0.33 0.28 0.50 0.41 0.38 0.44 0.51 -
P/RPS 0.27 0.23 0.40 0.34 0.34 0.43 0.55 -37.63%
P/EPS 2.04 1.69 3.66 4.41 4.97 5.39 6.91 -55.49%
EY 49.12 59.31 27.31 22.67 20.10 18.55 14.47 125.03%
DY 6.06 7.14 4.00 7.32 2.63 4.55 3.92 33.52%
P/NAPS 0.36 0.31 0.59 0.51 0.49 0.58 0.70 -35.68%

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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