[WTHORSE] QoQ Annualized Quarter Result on 31-Mar-2013 [#1]

Announcement Date
29-May-2013
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2013
Quarter
31-Mar-2013 [#1]
Profit Trend
QoQ- 30.72%
YoY- 3.66%
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Annualized Quarter Result
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Revenue 646,814 607,802 616,484 575,264 586,038 581,176 574,310 8.22%
PBT 73,596 69,273 73,006 66,308 48,772 52,970 57,476 17.86%
Tax -25,414 -16,498 -17,450 -16,404 -10,597 -12,294 -13,376 53.22%
NP 48,182 52,774 55,556 49,904 38,175 40,676 44,100 6.06%
-
NP to SH 48,182 52,774 55,556 49,904 38,175 40,676 44,100 6.06%
-
Tax Rate 34.53% 23.82% 23.90% 24.74% 21.73% 23.21% 23.27% -
Total Cost 598,632 555,028 560,928 525,360 547,863 540,500 530,210 8.40%
-
Net Worth 699,794 697,543 685,848 683,427 670,064 675,380 668,390 3.09%
Dividend
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Div 22,944 15,297 - - 22,947 15,314 - -
Div Payout % 47.62% 28.99% - - 60.11% 37.65% - -
Equity
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Net Worth 699,794 697,543 685,848 683,427 670,064 675,380 668,390 3.09%
NOSH 229,440 229,455 229,380 229,338 229,473 229,721 229,687 -0.07%
Ratio Analysis
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
NP Margin 7.45% 8.68% 9.01% 8.67% 6.51% 7.00% 7.68% -
ROE 6.89% 7.57% 8.10% 7.30% 5.70% 6.02% 6.60% -
Per Share
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
RPS 281.91 264.89 268.76 250.84 255.38 252.99 250.04 8.30%
EPS 21.00 23.00 24.22 21.76 16.62 17.71 19.20 6.13%
DPS 10.00 6.67 0.00 0.00 10.00 6.67 0.00 -
NAPS 3.05 3.04 2.99 2.98 2.92 2.94 2.91 3.17%
Adjusted Per Share Value based on latest NOSH - 229,338
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
RPS 294.01 276.27 280.22 261.48 266.38 264.17 261.05 8.22%
EPS 21.90 23.99 25.25 22.68 17.35 18.49 20.05 6.04%
DPS 10.43 6.95 0.00 0.00 10.43 6.96 0.00 -
NAPS 3.1809 3.1707 3.1175 3.1065 3.0457 3.0699 3.0381 3.10%
Price Multiplier on Financial Quarter End Date
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Date 31/12/13 30/09/13 28/06/13 29/03/13 31/12/12 28/09/12 29/06/12 -
Price 1.87 1.80 1.71 1.62 1.62 1.65 1.66 -
P/RPS 0.66 0.68 0.64 0.65 0.63 0.65 0.66 0.00%
P/EPS 8.90 7.83 7.06 7.44 9.74 9.32 8.65 1.91%
EY 11.23 12.78 14.16 13.43 10.27 10.73 11.57 -1.96%
DY 5.35 3.70 0.00 0.00 6.17 4.04 0.00 -
P/NAPS 0.61 0.59 0.57 0.54 0.55 0.56 0.57 4.61%
Price Multiplier on Announcement Date
31/12/13 30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 CAGR
Date 28/02/14 20/11/13 23/08/13 29/05/13 27/02/13 21/11/12 29/08/12 -
Price 1.89 1.79 1.68 1.70 1.61 1.65 1.67 -
P/RPS 0.67 0.68 0.63 0.68 0.63 0.65 0.67 0.00%
P/EPS 9.00 7.78 6.94 7.81 9.68 9.32 8.70 2.27%
EY 11.11 12.85 14.42 12.80 10.33 10.73 11.50 -2.26%
DY 5.29 3.72 0.00 0.00 6.21 4.04 0.00 -
P/NAPS 0.62 0.59 0.56 0.57 0.55 0.56 0.57 5.74%

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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