[WTHORSE] QoQ Annualized Quarter Result on 31-Dec-2012 [#4]

Announcement Date
27-Feb-2013
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2012
Quarter
31-Dec-2012 [#4]
Profit Trend
QoQ- -6.15%
YoY- -37.01%
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Annualized Quarter Result
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Revenue 607,802 616,484 575,264 586,038 581,176 574,310 514,636 11.71%
PBT 69,273 73,006 66,308 48,772 52,970 57,476 62,844 6.70%
Tax -16,498 -17,450 -16,404 -10,597 -12,294 -13,376 -14,700 7.98%
NP 52,774 55,556 49,904 38,175 40,676 44,100 48,144 6.30%
-
NP to SH 52,774 55,556 49,904 38,175 40,676 44,100 48,144 6.30%
-
Tax Rate 23.82% 23.90% 24.74% 21.73% 23.21% 23.27% 23.39% -
Total Cost 555,028 560,928 525,360 547,863 540,500 530,210 466,492 12.27%
-
Net Worth 697,543 685,848 683,427 670,064 675,380 668,390 668,411 2.88%
Dividend
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Div 15,297 - - 22,947 15,314 - - -
Div Payout % 28.99% - - 60.11% 37.65% - - -
Equity
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Net Worth 697,543 685,848 683,427 670,064 675,380 668,390 668,411 2.88%
NOSH 229,455 229,380 229,338 229,473 229,721 229,687 229,694 -0.06%
Ratio Analysis
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
NP Margin 8.68% 9.01% 8.67% 6.51% 7.00% 7.68% 9.35% -
ROE 7.57% 8.10% 7.30% 5.70% 6.02% 6.60% 7.20% -
Per Share
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
RPS 264.89 268.76 250.84 255.38 252.99 250.04 224.05 11.79%
EPS 23.00 24.22 21.76 16.62 17.71 19.20 20.96 6.38%
DPS 6.67 0.00 0.00 10.00 6.67 0.00 0.00 -
NAPS 3.04 2.99 2.98 2.92 2.94 2.91 2.91 2.95%
Adjusted Per Share Value based on latest NOSH - 229,637
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
RPS 276.27 280.22 261.48 266.38 264.17 261.05 233.93 11.71%
EPS 23.99 25.25 22.68 17.35 18.49 20.05 21.88 6.32%
DPS 6.95 0.00 0.00 10.43 6.96 0.00 0.00 -
NAPS 3.1707 3.1175 3.1065 3.0457 3.0699 3.0381 3.0382 2.88%
Price Multiplier on Financial Quarter End Date
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Date 30/09/13 28/06/13 29/03/13 31/12/12 28/09/12 29/06/12 30/03/12 -
Price 1.80 1.71 1.62 1.62 1.65 1.66 1.68 -
P/RPS 0.68 0.64 0.65 0.63 0.65 0.66 0.75 -6.31%
P/EPS 7.83 7.06 7.44 9.74 9.32 8.65 8.02 -1.58%
EY 12.78 14.16 13.43 10.27 10.73 11.57 12.48 1.59%
DY 3.70 0.00 0.00 6.17 4.04 0.00 0.00 -
P/NAPS 0.59 0.57 0.54 0.55 0.56 0.57 0.58 1.14%
Price Multiplier on Announcement Date
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Date 20/11/13 23/08/13 29/05/13 27/02/13 21/11/12 29/08/12 17/05/12 -
Price 1.79 1.68 1.70 1.61 1.65 1.67 1.69 -
P/RPS 0.68 0.63 0.68 0.63 0.65 0.67 0.75 -6.31%
P/EPS 7.78 6.94 7.81 9.68 9.32 8.70 8.06 -2.32%
EY 12.85 14.42 12.80 10.33 10.73 11.50 12.40 2.40%
DY 3.72 0.00 0.00 6.21 4.04 0.00 0.00 -
P/NAPS 0.59 0.56 0.57 0.55 0.56 0.57 0.58 1.14%

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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