[GENP] QoQ Annualized Quarter 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- 3.56%
YoY- 32.59%
Quarter Report
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Annualized Quarter Result
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Revenue 482,626 415,432 374,688 490,818 494,006 531,546 679,168 -20.31%
PBT 211,677 178,650 172,664 211,441 211,545 226,436 246,120 -9.53%
Tax -45,217 -33,352 -37,228 -76,191 -80,942 -97,892 -150,908 -55.12%
NP 166,460 145,298 135,436 135,250 130,602 128,544 95,212 44.97%
-
NP to SH 166,460 145,298 135,436 135,250 130,602 128,544 95,212 44.97%
-
Tax Rate 21.36% 18.67% 21.56% 36.03% 38.26% 43.23% 61.31% -
Total Cost 316,166 270,134 239,252 355,568 363,404 403,002 583,956 -33.49%
-
Net Worth 1,439,948 1,395,098 1,373,665 1,334,703 1,297,623 1,275,061 1,245,764 10.10%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div 19,793 29,682 - 33,367 17,301 25,946 - -
Div Payout % 11.89% 20.43% - 24.67% 13.25% 20.18% - -
Equity
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Net Worth 1,439,948 1,395,098 1,373,665 1,334,703 1,297,623 1,275,061 1,245,764 10.10%
NOSH 742,241 742,073 742,521 741,502 741,498 741,314 741,526 0.06%
Ratio Analysis
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
NP Margin 34.49% 34.98% 36.15% 27.56% 26.44% 24.18% 14.02% -
ROE 11.56% 10.41% 9.86% 10.13% 10.06% 10.08% 7.64% -
Per Share
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 65.02 55.98 50.46 66.19 66.62 71.70 91.59 -20.37%
EPS 22.43 19.58 18.24 18.24 17.61 17.34 12.84 44.89%
DPS 2.67 4.00 0.00 4.50 2.33 3.50 0.00 -
NAPS 1.94 1.88 1.85 1.80 1.75 1.72 1.68 10.03%
Adjusted Per Share Value based on latest NOSH - 741,510
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 53.78 46.30 41.75 54.70 55.05 59.23 75.69 -20.32%
EPS 18.55 16.19 15.09 15.07 14.55 14.32 10.61 44.98%
DPS 2.21 3.31 0.00 3.72 1.93 2.89 0.00 -
NAPS 1.6047 1.5547 1.5308 1.4874 1.446 1.4209 1.3883 10.10%
Price Multiplier on Financial Quarter End Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 -
Price 1.83 1.77 2.25 1.75 1.23 1.25 1.15 -
P/RPS 2.81 3.16 4.46 2.64 1.85 1.74 1.26 70.44%
P/EPS 8.16 9.04 12.34 9.59 6.98 7.21 8.96 -6.02%
EY 12.26 11.06 8.11 10.42 14.32 13.87 11.17 6.38%
DY 1.46 2.26 0.00 2.57 1.90 2.80 0.00 -
P/NAPS 0.94 0.94 1.22 0.97 0.70 0.73 0.68 24.01%
Price Multiplier on Announcement Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 30/11/04 25/08/04 25/05/04 26/02/04 20/11/03 27/08/03 28/05/03 -
Price 1.76 1.66 1.72 2.25 1.70 1.26 1.24 -
P/RPS 2.71 2.97 3.41 3.40 2.55 1.76 1.35 58.92%
P/EPS 7.85 8.48 9.43 12.34 9.65 7.27 9.66 -12.88%
EY 12.74 11.80 10.60 8.11 10.36 13.76 10.35 14.81%
DY 1.52 2.41 0.00 2.00 1.37 2.78 0.00 -
P/NAPS 0.91 0.88 0.93 1.25 0.97 0.73 0.74 14.73%

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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