[AJI] QoQ Annualized Quarter Result on 31-Dec-2003 [#3]

Announcement Date
17-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Mar-2004
Quarter
31-Dec-2003 [#3]
Profit Trend
QoQ- -13.08%
YoY- -18.46%
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 165,478 164,344 164,126 160,842 158,278 161,664 151,009 6.27%
PBT 14,156 6,224 14,146 13,249 15,098 18,304 14,894 -3.32%
Tax -880 -528 -2,087 -1,242 -1,284 -1,556 -2,768 -53.32%
NP 13,276 5,696 12,059 12,006 13,814 16,748 12,126 6.20%
-
NP to SH 13,276 5,696 12,059 12,006 13,814 16,748 12,126 6.20%
-
Tax Rate 6.22% 8.48% 14.75% 9.37% 8.50% 8.50% 18.58% -
Total Cost 152,202 158,648 152,067 148,836 144,464 144,916 138,883 6.27%
-
Net Worth 134,340 133,880 128,906 121,615 125,858 130,046 125,881 4.41%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div 10,941 - 5,472 7,296 10,944 - 5,473 58.49%
Div Payout % 82.42% - 45.38% 60.77% 79.23% - 45.14% -
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 134,340 133,880 128,906 121,615 125,858 130,046 125,881 4.41%
NOSH 60,787 60,854 60,804 60,807 60,801 60,769 60,812 -0.02%
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 8.02% 3.47% 7.35% 7.46% 8.73% 10.36% 8.03% -
ROE 9.88% 4.25% 9.35% 9.87% 10.98% 12.88% 9.63% -
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 272.22 270.06 269.92 264.51 260.32 266.03 248.32 6.29%
EPS 21.84 9.36 19.83 19.75 22.72 27.56 19.94 6.23%
DPS 18.00 0.00 9.00 12.00 18.00 0.00 9.00 58.53%
NAPS 2.21 2.20 2.12 2.00 2.07 2.14 2.07 4.44%
Adjusted Per Share Value based on latest NOSH - 60,824
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 272.17 270.31 269.95 264.55 260.33 265.90 248.37 6.27%
EPS 21.84 9.37 19.83 19.75 22.72 27.55 19.94 6.23%
DPS 18.00 0.00 9.00 12.00 18.00 0.00 9.00 58.53%
NAPS 2.2096 2.202 2.1202 2.0003 2.0701 2.139 2.0705 4.41%
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 2.58 2.60 2.58 2.50 2.68 2.69 2.70 -
P/RPS 0.95 0.96 0.96 0.95 1.03 1.01 1.09 -8.73%
P/EPS 11.81 27.78 13.01 12.66 11.80 9.76 13.54 -8.68%
EY 8.47 3.60 7.69 7.90 8.48 10.25 7.39 9.49%
DY 6.98 0.00 3.49 4.80 6.72 0.00 3.33 63.56%
P/NAPS 1.17 1.18 1.22 1.25 1.29 1.26 1.30 -6.76%
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 22/11/04 25/08/04 26/05/04 17/02/04 18/11/03 28/08/03 28/05/03 -
Price 2.59 2.66 2.70 2.60 2.66 2.80 2.61 -
P/RPS 0.95 0.98 1.00 0.98 1.02 1.05 1.05 -6.43%
P/EPS 11.86 28.42 13.61 13.17 11.71 10.16 13.09 -6.34%
EY 8.43 3.52 7.35 7.59 8.54 9.84 7.64 6.76%
DY 6.95 0.00 3.33 4.62 6.77 0.00 3.45 59.30%
P/NAPS 1.17 1.21 1.27 1.30 1.29 1.31 1.26 -4.80%

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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