[ULICORP] QoQ TTM Result on 31-Mar-2009 [#1]

Announcement Date
19-May-2009
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2009
Quarter
31-Mar-2009 [#1]
Profit Trend
QoQ- -7.66%
YoY- 59.95%
Quarter Report
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TTM Result
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Revenue 140,294 138,720 140,198 147,115 157,830 161,640 165,758 -10.49%
PBT 29,960 23,005 21,610 25,586 27,420 29,378 23,318 18.13%
Tax -8,258 -5,665 -5,172 -5,954 -6,159 -7,464 -5,287 34.51%
NP 21,702 17,340 16,438 19,632 21,261 21,914 18,031 13.11%
-
NP to SH 21,702 17,340 16,438 19,632 21,261 21,914 18,031 13.11%
-
Tax Rate 27.56% 24.63% 23.93% 23.27% 22.46% 25.41% 22.67% -
Total Cost 118,592 121,380 123,760 127,483 136,569 139,726 147,727 -13.58%
-
Net Worth 139,500 135,496 127,712 123,792 120,412 119,422 112,233 15.55%
Dividend
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Div 1,981 1,981 1,981 - 2,641 2,641 2,641 -17.40%
Div Payout % 9.13% 11.42% 12.05% - 12.42% 12.05% 14.65% -
Equity
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Net Worth 139,500 135,496 127,712 123,792 120,412 119,422 112,233 15.55%
NOSH 131,990 132,037 132,070 131,834 131,168 131,958 132,038 -0.02%
Ratio Analysis
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
NP Margin 15.47% 12.50% 11.72% 13.34% 13.47% 13.56% 10.88% -
ROE 15.56% 12.80% 12.87% 15.86% 17.66% 18.35% 16.07% -
Per Share
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 106.29 105.06 106.15 111.59 120.33 122.49 125.54 -10.47%
EPS 16.44 13.13 12.45 14.89 16.21 16.61 13.66 13.10%
DPS 1.50 1.50 1.50 0.00 2.00 2.00 2.00 -17.40%
NAPS 1.0569 1.0262 0.967 0.939 0.918 0.905 0.85 15.58%
Adjusted Per Share Value based on latest NOSH - 131,834
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 64.41 63.69 64.37 67.55 72.47 74.21 76.11 -10.50%
EPS 9.96 7.96 7.55 9.01 9.76 10.06 8.28 13.06%
DPS 0.91 0.91 0.91 0.00 1.21 1.21 1.21 -17.25%
NAPS 0.6405 0.6221 0.5864 0.5684 0.5529 0.5483 0.5153 15.55%
Price Multiplier on Financial Quarter End Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 -
Price 0.58 0.51 0.39 0.31 0.41 0.38 0.37 -
P/RPS 0.55 0.49 0.37 0.28 0.34 0.31 0.29 53.03%
P/EPS 3.53 3.88 3.13 2.08 2.53 2.29 2.71 19.21%
EY 28.35 25.75 31.91 48.04 39.53 43.70 36.91 -16.08%
DY 2.59 2.94 3.85 0.00 4.88 5.26 5.41 -38.72%
P/NAPS 0.55 0.50 0.40 0.33 0.45 0.42 0.44 15.99%
Price Multiplier on Announcement Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 25/02/10 20/11/09 17/08/09 19/05/09 27/02/09 26/11/08 26/08/08 -
Price 0.62 0.60 0.50 0.39 0.33 0.28 0.50 -
P/RPS 0.58 0.57 0.47 0.35 0.27 0.23 0.40 28.02%
P/EPS 3.77 4.57 4.02 2.62 2.04 1.69 3.66 1.98%
EY 26.52 21.89 24.89 38.18 49.12 59.31 27.31 -1.93%
DY 2.42 2.50 3.00 0.00 6.06 7.14 4.00 -28.40%
P/NAPS 0.59 0.58 0.52 0.42 0.36 0.31 0.59 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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