[QSR] YoY TTM Result on 31-Dec-2003 [#4]

Announcement Date
26-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 15.38%
YoY- 27.86%
Quarter Report
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TTM Result
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Revenue 428,543 386,146 262,796 478,450 440,725 411,965 372,445 2.36%
PBT 65,832 19,802 140,958 28,854 21,422 21,176 20,291 21.66%
Tax -11,286 -9,578 -8,734 -7,883 -5,020 -4,938 -2,053 32.83%
NP 54,546 10,224 132,224 20,971 16,402 16,238 18,238 20.02%
-
NP to SH 54,546 10,224 132,224 20,971 16,402 16,238 18,238 20.02%
-
Tax Rate 17.14% 48.37% 6.20% 27.32% 23.43% 23.32% 10.12% -
Total Cost 373,997 375,922 130,572 457,479 424,323 395,727 354,207 0.90%
-
Net Worth 419,940 362,037 208,456 286,314 241,467 126,295 115,946 23.91%
Dividend
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
Div 21,680 15,737 6,042 - 5,659 2,983 4,976 27.78%
Div Payout % 39.75% 153.92% 4.57% - 34.50% 18.37% 27.29% -
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 419,940 362,037 208,456 286,314 241,467 126,295 115,946 23.91%
NOSH 241,345 229,137 151,055 196,105 188,646 99,445 49,762 30.08%
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 12.73% 2.65% 50.31% 4.38% 3.72% 3.94% 4.90% -
ROE 12.99% 2.82% 63.43% 7.32% 6.79% 12.86% 15.73% -
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 177.56 168.52 173.97 243.98 233.62 414.26 748.44 -21.31%
EPS 22.60 4.46 87.53 10.69 8.69 16.33 36.65 -7.73%
DPS 9.00 6.87 4.00 0.00 3.00 3.00 10.00 -1.73%
NAPS 1.74 1.58 1.38 1.46 1.28 1.27 2.33 -4.74%
Adjusted Per Share Value based on latest NOSH - 196,105
31/12/06 31/12/05 31/12/04 31/12/03 31/12/02 31/12/01 31/12/00 CAGR
RPS 148.80 134.08 91.25 166.13 153.03 143.05 129.32 2.36%
EPS 18.94 3.55 45.91 7.28 5.70 5.64 6.33 20.03%
DPS 7.53 5.46 2.10 0.00 1.97 1.04 1.73 27.76%
NAPS 1.4582 1.2571 0.7238 0.9942 0.8384 0.4385 0.4026 23.91%
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 3.36 3.20 2.69 2.05 1.23 1.66 2.55 -
P/RPS 1.89 1.90 1.55 0.84 0.53 0.40 0.34 33.07%
P/EPS 14.87 71.72 3.07 19.17 14.15 10.17 6.96 13.48%
EY 6.73 1.39 32.54 5.22 7.07 9.84 14.37 -11.87%
DY 2.68 2.15 1.49 0.00 2.44 1.81 3.92 -6.13%
P/NAPS 1.93 2.03 1.95 1.40 0.96 1.31 1.09 9.98%
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 15/02/07 21/02/06 18/02/05 26/02/04 17/02/03 27/02/02 27/02/01 -
Price 3.40 3.20 3.12 2.03 1.28 1.34 2.50 -
P/RPS 1.91 1.90 1.79 0.83 0.55 0.32 0.33 33.97%
P/EPS 15.04 71.72 3.56 18.98 14.72 8.21 6.82 14.08%
EY 6.65 1.39 28.06 5.27 6.79 12.19 14.66 -12.33%
DY 2.65 2.15 1.28 0.00 2.34 2.24 4.00 -6.62%
P/NAPS 1.95 2.03 2.26 1.39 1.00 1.06 1.07 10.51%

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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