[PHARMA] YoY Cumulative Quarter Result on 31-Dec-2003 [#4]

Announcement Date
19-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 30.37%
YoY- 9.15%
Quarter Report
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Cumulative Result
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Revenue 1,057,868 936,431 799,991 632,604 585,237 543,496 427,591 16.28%
PBT 27,195 42,072 81,778 66,841 61,170 51,604 38,696 -5.70%
Tax -13,111 -12,938 -30,943 -26,085 -23,829 -20,800 -13,891 -0.95%
NP 14,084 29,134 50,835 40,756 37,341 30,804 24,805 -8.99%
-
NP to SH 12,481 26,902 50,835 40,756 37,341 30,804 24,805 -10.81%
-
Tax Rate 48.21% 30.75% 37.84% 39.03% 38.96% 40.31% 35.90% -
Total Cost 1,043,784 907,297 749,156 591,848 547,896 512,692 402,786 17.19%
-
Net Worth 316,570 304,433 263,393 222,305 180,197 160,520 131,437 15.77%
Dividend
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Div 12,299 14,496 15,195 12,016 8,509 3,750 2,498 30.41%
Div Payout % 98.54% 53.89% 29.89% 29.48% 22.79% 12.18% 10.07% -
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 316,570 304,433 263,393 222,305 180,197 160,520 131,437 15.77%
NOSH 106,949 103,548 101,305 100,137 100,109 50,006 49,976 13.51%
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 1.33% 3.11% 6.35% 6.44% 6.38% 5.67% 5.80% -
ROE 3.94% 8.84% 19.30% 18.33% 20.72% 19.19% 18.87% -
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 989.13 904.34 789.68 631.73 584.59 1,086.85 855.59 2.44%
EPS 11.67 25.98 50.18 40.70 37.30 61.60 49.60 -21.41%
DPS 11.50 14.00 15.00 12.00 8.50 7.50 5.00 14.88%
NAPS 2.96 2.94 2.60 2.22 1.80 3.21 2.63 1.98%
Adjusted Per Share Value based on latest NOSH - 100,263
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 73.40 64.97 55.51 43.89 40.61 37.71 29.67 16.28%
EPS 0.87 1.87 3.53 2.83 2.59 2.14 1.72 -10.73%
DPS 0.85 1.01 1.05 0.83 0.59 0.26 0.17 30.75%
NAPS 0.2196 0.2112 0.1828 0.1542 0.125 0.1114 0.0912 15.76%
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 3.73 4.64 5.27 4.82 3.80 7.27 8.50 -
P/RPS 0.38 0.51 0.67 0.76 0.65 0.67 0.99 -14.74%
P/EPS 31.96 17.86 10.50 11.84 10.19 11.80 17.13 10.94%
EY 3.13 5.60 9.52 8.44 9.82 8.47 5.84 -9.86%
DY 3.08 3.02 2.85 2.49 2.24 1.03 0.59 31.69%
P/NAPS 1.26 1.58 2.03 2.17 2.11 2.26 3.23 -14.51%
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 26/02/07 07/03/06 23/02/05 19/02/04 10/04/03 20/02/02 27/02/01 -
Price 3.65 4.73 4.95 5.23 3.62 6.77 7.45 -
P/RPS 0.37 0.52 0.63 0.83 0.62 0.62 0.87 -13.27%
P/EPS 31.28 18.21 9.86 12.85 9.71 10.99 15.01 13.01%
EY 3.20 5.49 10.14 7.78 10.30 9.10 6.66 -11.49%
DY 3.15 2.96 3.03 2.29 2.35 1.11 0.67 29.41%
P/NAPS 1.23 1.61 1.90 2.36 2.01 2.11 2.83 -12.96%

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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