[WTHORSE] QoQ Annualized Quarter Result on 30-Sep-2012 [#3]

Announcement Date
21-Nov-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2012
Quarter
30-Sep-2012 [#3]
Profit Trend
QoQ- -7.76%
YoY- -21.71%
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Annualized Quarter Result
30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 CAGR
Revenue 616,484 575,264 586,038 581,176 574,310 514,636 530,041 10.60%
PBT 73,006 66,308 48,772 52,970 57,476 62,844 71,383 1.51%
Tax -17,450 -16,404 -10,597 -12,294 -13,376 -14,700 -10,781 37.89%
NP 55,556 49,904 38,175 40,676 44,100 48,144 60,602 -5.63%
-
NP to SH 55,556 49,904 38,175 40,676 44,100 48,144 60,602 -5.63%
-
Tax Rate 23.90% 24.74% 21.73% 23.21% 23.27% 23.39% 15.10% -
Total Cost 560,928 525,360 547,863 540,500 530,210 466,492 469,439 12.61%
-
Net Worth 685,848 683,427 670,064 675,380 668,390 668,411 656,770 2.93%
Dividend
30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 CAGR
Div - - 22,947 15,314 - - 22,964 -
Div Payout % - - 60.11% 37.65% - - 37.89% -
Equity
30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 CAGR
Net Worth 685,848 683,427 670,064 675,380 668,390 668,411 656,770 2.93%
NOSH 229,380 229,338 229,473 229,721 229,687 229,694 229,640 -0.07%
Ratio Analysis
30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 CAGR
NP Margin 9.01% 8.67% 6.51% 7.00% 7.68% 9.35% 11.43% -
ROE 8.10% 7.30% 5.70% 6.02% 6.60% 7.20% 9.23% -
Per Share
30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 CAGR
RPS 268.76 250.84 255.38 252.99 250.04 224.05 230.81 10.69%
EPS 24.22 21.76 16.62 17.71 19.20 20.96 26.39 -5.56%
DPS 0.00 0.00 10.00 6.67 0.00 0.00 10.00 -
NAPS 2.99 2.98 2.92 2.94 2.91 2.91 2.86 3.01%
Adjusted Per Share Value based on latest NOSH - 229,809
30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 CAGR
RPS 280.22 261.48 266.38 264.17 261.05 233.93 240.93 10.60%
EPS 25.25 22.68 17.35 18.49 20.05 21.88 27.55 -5.65%
DPS 0.00 0.00 10.43 6.96 0.00 0.00 10.44 -
NAPS 3.1175 3.1065 3.0457 3.0699 3.0381 3.0382 2.9853 2.93%
Price Multiplier on Financial Quarter End Date
30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 CAGR
Date 28/06/13 29/03/13 31/12/12 28/09/12 29/06/12 30/03/12 30/12/11 -
Price 1.71 1.62 1.62 1.65 1.66 1.68 1.67 -
P/RPS 0.64 0.65 0.63 0.65 0.66 0.75 0.72 -7.55%
P/EPS 7.06 7.44 9.74 9.32 8.65 8.02 6.33 7.55%
EY 14.16 13.43 10.27 10.73 11.57 12.48 15.80 -7.05%
DY 0.00 0.00 6.17 4.04 0.00 0.00 5.99 -
P/NAPS 0.57 0.54 0.55 0.56 0.57 0.58 0.58 -1.15%
Price Multiplier on Announcement Date
30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 CAGR
Date 23/08/13 29/05/13 27/02/13 21/11/12 29/08/12 17/05/12 24/02/12 -
Price 1.68 1.70 1.61 1.65 1.67 1.69 1.75 -
P/RPS 0.63 0.68 0.63 0.65 0.67 0.75 0.76 -11.76%
P/EPS 6.94 7.81 9.68 9.32 8.70 8.06 6.63 3.09%
EY 14.42 12.80 10.33 10.73 11.50 12.40 15.08 -2.94%
DY 0.00 0.00 6.21 4.04 0.00 0.00 5.71 -
P/NAPS 0.56 0.57 0.55 0.56 0.57 0.58 0.61 -5.54%

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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