[NIKKO] QoQ Annualized Quarter Result on 30-Sep-2005 [#2]

Announcement Date
25-Nov-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Mar-2006
Quarter
30-Sep-2005 [#2]
Profit Trend
QoQ- 205.04%
YoY- -87.98%
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Annualized Quarter Result
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Revenue 100,536 145,231 181,338 189,522 89,900 231,743 285,514 -50.23%
PBT -39,492 -29,642 -19,010 5,500 -5,236 4,311 16,317 -
Tax 0 6,372 0 0 0 -219 -1,534 -
NP -39,492 -23,270 -19,010 5,500 -5,236 4,092 14,782 -
-
NP to SH -39,492 -23,270 -19,010 5,500 -5,236 4,092 14,782 -
-
Tax Rate - - - 0.00% - 5.08% 9.40% -
Total Cost 140,028 168,501 200,349 184,022 95,136 227,651 270,732 -35.64%
-
Net Worth 119,071 128,959 137,916 154,873 156,683 154,564 162,675 -18.82%
Dividend
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Div - - 7,937 11,913 - 7,430 9,890 -
Div Payout % - - 0.00% 216.61% - 181.60% 66.90% -
Equity
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Net Worth 119,071 128,959 137,916 154,873 156,683 154,564 162,675 -18.82%
NOSH 99,226 99,199 99,220 99,277 99,166 99,079 98,902 0.21%
Ratio Analysis
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
NP Margin -39.28% -16.02% -10.48% 2.90% -5.82% 1.77% 5.18% -
ROE -33.17% -18.04% -13.78% 3.55% -3.34% 2.65% 9.09% -
Per Share
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
RPS 101.32 146.40 182.76 190.90 90.66 233.90 288.68 -50.33%
EPS -39.80 -23.46 -19.16 5.54 -5.28 4.13 14.95 -
DPS 0.00 0.00 8.00 12.00 0.00 7.50 10.00 -
NAPS 1.20 1.30 1.39 1.56 1.58 1.56 1.6448 -19.00%
Adjusted Per Share Value based on latest NOSH - 99,242
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
RPS 100.96 145.85 182.11 190.33 90.28 232.73 286.73 -50.23%
EPS -39.66 -23.37 -19.09 5.52 -5.26 4.11 14.85 -
DPS 0.00 0.00 7.97 11.96 0.00 7.46 9.93 -
NAPS 1.1958 1.2951 1.385 1.5553 1.5735 1.5522 1.6337 -18.82%
Price Multiplier on Financial Quarter End Date
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Date 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 -
Price 0.67 0.80 0.81 1.01 1.01 1.26 1.46 -
P/RPS 0.66 0.55 0.44 0.53 1.11 0.54 0.51 18.81%
P/EPS -1.68 -3.41 -4.23 18.23 -19.13 30.51 9.77 -
EY -59.40 -29.32 -23.65 5.49 -5.23 3.28 10.24 -
DY 0.00 0.00 9.88 11.88 0.00 5.95 6.85 -
P/NAPS 0.56 0.62 0.58 0.65 0.64 0.81 0.89 -26.63%
Price Multiplier on Announcement Date
30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 CAGR
Date 30/08/06 31/05/06 23/02/06 25/11/05 29/08/05 31/05/05 24/02/05 -
Price 0.60 0.76 0.83 0.90 1.14 0.96 1.43 -
P/RPS 0.59 0.52 0.45 0.47 1.26 0.41 0.50 11.69%
P/EPS -1.51 -3.24 -4.33 16.25 -21.59 23.24 9.57 -
EY -66.33 -30.87 -23.08 6.16 -4.63 4.30 10.45 -
DY 0.00 0.00 9.64 13.33 0.00 7.81 6.99 -
P/NAPS 0.50 0.58 0.60 0.58 0.72 0.62 0.87 -30.94%

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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