[ASIAFLE] QoQ Annualized Quarter Result on 31-Dec-2010 [#3]

Announcement Date
28-Feb-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Mar-2011
Quarter
31-Dec-2010 [#3]
Profit Trend
QoQ- -4.32%
YoY- -7.75%
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Annualized Quarter Result
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Revenue 226,236 239,440 247,112 242,154 245,446 266,520 267,446 -10.54%
PBT 52,916 62,572 58,246 57,500 59,580 75,252 66,016 -13.69%
Tax -7,550 -9,492 -7,856 -7,106 -6,912 -12,276 -8,327 -6.31%
NP 45,366 53,080 50,390 50,393 52,668 62,976 57,689 -14.79%
-
NP to SH 45,366 53,080 50,390 50,393 52,668 62,976 57,689 -14.79%
-
Tax Rate 14.27% 15.17% 13.49% 12.36% 11.60% 16.31% 12.61% -
Total Cost 180,870 186,360 196,722 191,761 192,778 203,544 209,757 -9.39%
-
Net Worth 355,787 361,077 345,098 330,137 329,754 329,982 317,552 7.86%
Dividend
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Div - - 26,213 - - - 32,011 -
Div Payout % - - 52.02% - - - 55.49% -
Equity
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Net Worth 355,787 361,077 345,098 330,137 329,754 329,982 317,552 7.86%
NOSH 115,448 115,356 114,971 114,878 114,745 114,585 114,326 0.65%
Ratio Analysis
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
NP Margin 20.05% 22.17% 20.39% 20.81% 21.46% 23.63% 21.57% -
ROE 12.75% 14.70% 14.60% 15.26% 15.97% 19.08% 18.17% -
Per Share
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 195.96 207.57 214.93 210.79 213.91 232.60 233.93 -11.12%
EPS 39.30 46.00 43.83 43.87 45.90 54.96 50.46 -15.33%
DPS 0.00 0.00 22.80 0.00 0.00 0.00 28.00 -
NAPS 3.0818 3.1301 3.0016 2.8738 2.8738 2.8798 2.7776 7.16%
Adjusted Per Share Value based on latest NOSH - 114,954
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 115.44 122.18 126.09 123.56 125.24 136.00 136.47 -10.54%
EPS 23.15 27.09 25.71 25.71 26.87 32.13 29.44 -14.79%
DPS 0.00 0.00 13.38 0.00 0.00 0.00 16.33 -
NAPS 1.8155 1.8425 1.7609 1.6846 1.6826 1.6838 1.6204 7.86%
Price Multiplier on Financial Quarter End Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 31/03/10 -
Price 3.50 3.97 4.28 4.50 4.62 4.60 5.05 -
P/RPS 1.79 1.91 1.99 2.13 2.16 1.98 2.16 -11.76%
P/EPS 8.91 8.63 9.77 10.26 10.07 8.37 10.01 -7.46%
EY 11.23 11.59 10.24 9.75 9.94 11.95 9.99 8.10%
DY 0.00 0.00 5.33 0.00 0.00 0.00 5.54 -
P/NAPS 1.14 1.27 1.43 1.57 1.61 1.60 1.82 -26.77%
Price Multiplier on Announcement Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 30/11/11 25/08/11 27/05/11 28/02/11 26/11/10 30/08/10 27/05/10 -
Price 3.55 3.70 4.01 4.38 4.60 4.23 4.50 -
P/RPS 1.81 1.78 1.87 2.08 2.15 1.82 1.92 -3.85%
P/EPS 9.03 8.04 9.15 9.98 10.02 7.70 8.92 0.81%
EY 11.07 12.44 10.93 10.02 9.98 12.99 11.21 -0.83%
DY 0.00 0.00 5.69 0.00 0.00 0.00 6.22 -
P/NAPS 1.15 1.18 1.34 1.52 1.60 1.47 1.62 -20.40%

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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