[REX] YoY Annualized Quarter Result on 31-Dec-2003 [#4]

Announcement Date
27-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 1.38%
YoY- -8.45%
Quarter Report
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Annualized Quarter Result
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Revenue 116,927 98,837 98,460 81,428 98,128 101,864 101,658 2.35%
PBT 6,075 4,332 5,039 4,367 5,352 5,583 9,081 -6.47%
Tax -262 241 -992 -305 -915 -1,121 -1,250 -22.91%
NP 5,813 4,573 4,047 4,062 4,437 4,462 7,831 -4.84%
-
NP to SH 5,813 4,573 4,047 4,062 4,437 4,462 7,831 -4.84%
-
Tax Rate 4.31% -5.56% 19.69% 6.98% 17.10% 20.08% 13.77% -
Total Cost 111,114 94,264 94,413 77,366 93,691 97,402 93,827 2.85%
-
Net Worth 122,745 96,938 88,282 73,586 69,822 67,624 63,684 11.55%
Dividend
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Div - - 4,027 - - - - -
Div Payout % - - 99.52% - - - - -
Equity
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Net Worth 122,745 96,938 88,282 73,586 69,822 67,624 63,684 11.55%
NOSH 56,048 40,730 40,683 35,377 31,032 30,878 30,765 10.50%
Ratio Analysis
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
NP Margin 4.97% 4.63% 4.11% 4.99% 4.52% 4.38% 7.70% -
ROE 4.74% 4.72% 4.58% 5.52% 6.35% 6.60% 12.30% -
Per Share
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 208.62 242.66 242.02 230.17 316.21 329.88 330.43 -7.37%
EPS 10.19 11.23 9.96 11.48 14.30 14.45 25.46 -14.14%
DPS 0.00 0.00 9.90 0.00 0.00 0.00 0.00 -
NAPS 2.19 2.38 2.17 2.08 2.25 2.19 2.07 0.94%
Adjusted Per Share Value based on latest NOSH - 35,331
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 17.79 15.04 14.98 12.39 14.93 15.50 15.47 2.35%
EPS 0.88 0.70 0.62 0.62 0.68 0.68 1.19 -4.90%
DPS 0.00 0.00 0.61 0.00 0.00 0.00 0.00 -
NAPS 0.1868 0.1475 0.1343 0.112 0.1062 0.1029 0.0969 11.55%
Price Multiplier on Financial Quarter End Date
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Date 29/12/06 30/12/05 31/12/04 31/12/03 31/12/02 31/12/01 26/12/00 -
Price 1.09 1.00 1.34 1.38 1.57 2.68 3.22 -
P/RPS 0.52 0.41 0.55 0.60 0.50 0.81 0.97 -9.86%
P/EPS 10.51 8.91 13.47 12.02 10.98 18.55 12.65 -3.04%
EY 9.52 11.23 7.42 8.32 9.11 5.39 7.90 3.15%
DY 0.00 0.00 7.39 0.00 0.00 0.00 0.00 -
P/NAPS 0.50 0.42 0.62 0.66 0.70 1.22 1.56 -17.26%
Price Multiplier on Announcement Date
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Date 28/02/07 28/02/06 28/02/05 27/02/04 28/02/03 28/02/02 04/04/01 -
Price 1.05 1.10 1.34 1.48 1.44 2.47 2.85 -
P/RPS 0.50 0.45 0.55 0.64 0.46 0.75 0.86 -8.63%
P/EPS 10.12 9.80 13.47 12.89 10.07 17.09 11.20 -1.67%
EY 9.88 10.21 7.42 7.76 9.93 5.85 8.93 1.69%
DY 0.00 0.00 7.39 0.00 0.00 0.00 0.00 -
P/NAPS 0.48 0.46 0.62 0.71 0.64 1.13 1.38 -16.13%

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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