[AMWAY] QoQ Annualized Quarter Result on 30-Nov-2003 [#1]

Announcement Date
30-Jan-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Aug-2004
Quarter
30-Nov-2003 [#1]
Profit Trend
QoQ- 9.84%
YoY- -10.09%
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Annualized Quarter Result
31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 CAGR
Revenue 456,350 452,588 432,750 457,500 422,297 424,882 396,738 9.73%
PBT 72,354 74,112 72,506 82,152 73,956 79,988 77,830 -4.72%
Tax -18,760 -22,904 -22,326 -24,988 -21,912 -22,984 -22,524 -11.42%
NP 53,594 51,208 50,180 57,164 52,044 57,004 55,306 -2.06%
-
NP to SH 53,594 51,208 50,180 57,164 52,044 57,004 55,306 -2.06%
-
Tax Rate 25.93% 30.90% 30.79% 30.42% 29.63% 28.73% 28.94% -
Total Cost 402,756 401,380 382,570 400,336 370,253 367,878 341,432 11.58%
-
Net Worth 200,566 218,664 213,741 212,144 207,123 230,119 223,591 -6.95%
Dividend
31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 CAGR
Div 82,199 93,165 49,325 49,336 82,192 93,143 24,660 122.32%
Div Payout % 153.37% 181.93% 98.30% 86.31% 157.93% 163.40% 44.59% -
Equity
31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 CAGR
Net Worth 200,566 218,664 213,741 212,144 207,123 230,119 223,591 -6.95%
NOSH 164,398 164,409 164,416 164,453 164,384 164,371 164,405 -0.00%
Ratio Analysis
31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 CAGR
NP Margin 11.74% 11.31% 11.60% 12.49% 12.32% 13.42% 13.94% -
ROE 26.72% 23.42% 23.48% 26.95% 25.13% 24.77% 24.74% -
Per Share
31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 CAGR
RPS 277.59 275.28 263.20 278.19 256.90 258.49 241.32 9.73%
EPS 32.60 31.15 30.52 34.76 31.66 34.68 33.64 -2.06%
DPS 50.00 56.67 30.00 30.00 50.00 56.67 15.00 122.33%
NAPS 1.22 1.33 1.30 1.29 1.26 1.40 1.36 -6.95%
Adjusted Per Share Value based on latest NOSH - 164,453
31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 CAGR
RPS 277.59 275.30 263.23 278.28 256.87 258.44 241.32 9.73%
EPS 32.60 31.15 30.52 34.77 31.66 34.67 33.64 -2.06%
DPS 50.00 56.67 30.00 30.01 50.00 56.66 15.00 122.33%
NAPS 1.22 1.3301 1.3001 1.2904 1.2599 1.3998 1.36 -6.95%
Price Multiplier on Financial Quarter End Date
31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 CAGR
Date 30/08/04 31/05/04 27/02/04 28/11/03 29/08/03 30/05/03 28/02/03 -
Price 6.70 6.70 6.75 6.40 6.70 6.35 5.95 -
P/RPS 2.41 2.43 2.56 2.30 2.61 2.46 2.47 -1.61%
P/EPS 20.55 21.51 22.12 18.41 21.16 18.31 17.69 10.45%
EY 4.87 4.65 4.52 5.43 4.73 5.46 5.65 -9.38%
DY 7.46 8.46 4.44 4.69 7.46 8.92 2.52 105.49%
P/NAPS 5.49 5.04 5.19 4.96 5.32 4.54 4.38 16.17%
Price Multiplier on Announcement Date
31/08/04 31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 CAGR
Date 20/10/04 16/07/04 21/04/04 30/01/04 27/10/03 28/07/03 21/04/03 -
Price 6.80 6.80 6.70 6.80 6.85 6.30 6.15 -
P/RPS 2.45 2.47 2.55 2.44 2.67 2.44 2.55 -2.61%
P/EPS 20.86 21.83 21.95 19.56 21.64 18.17 18.28 9.15%
EY 4.79 4.58 4.56 5.11 4.62 5.50 5.47 -8.43%
DY 7.35 8.33 4.48 4.41 7.30 8.99 2.44 107.88%
P/NAPS 5.57 5.11 5.15 5.27 5.44 4.50 4.52 14.86%

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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