[SERNKOU] QoQ Annualized Quarter Result on 31-Dec-2004 [#4]

Announcement Date
23-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- -0.57%
YoY- 8.96%
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Annualized Quarter Result
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Revenue 122,808 122,748 128,360 134,341 130,030 122,906 103,276 12.22%
PBT 8,110 8,918 11,940 14,847 14,950 15,922 14,376 -31.70%
Tax -885 -1,898 -2,768 -2,998 -3,033 -3,190 -3,800 -62.11%
NP 7,225 7,020 9,172 11,849 11,917 12,732 10,576 -22.41%
-
NP to SH 7,225 7,020 9,172 11,849 11,917 12,732 10,576 -22.41%
-
Tax Rate 10.91% 21.28% 23.18% 20.19% 20.29% 20.04% 26.43% -
Total Cost 115,582 115,728 119,188 122,492 118,113 110,174 92,700 15.82%
-
Net Worth 69,535 68,283 66,541 65,180 62,093 58,656 52,715 20.25%
Dividend
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Div 3,996 - 8,992 - - - - -
Div Payout % 55.31% - 98.04% - - - - -
Equity
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Net Worth 69,535 68,283 66,541 65,180 62,093 58,656 52,715 20.25%
NOSH 119,889 119,795 89,921 88,081 87,455 86,260 82,367 28.40%
Ratio Analysis
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
NP Margin 5.88% 5.72% 7.15% 8.82% 9.17% 10.36% 10.24% -
ROE 10.39% 10.28% 13.78% 18.18% 19.19% 21.71% 20.06% -
Per Share
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 102.43 102.46 142.75 152.52 148.68 142.48 125.38 -12.59%
EPS 6.03 5.86 10.20 9.87 13.63 14.76 12.84 -39.55%
DPS 3.33 0.00 10.00 0.00 0.00 0.00 0.00 -
NAPS 0.58 0.57 0.74 0.74 0.71 0.68 0.64 -6.34%
Adjusted Per Share Value based on latest NOSH - 90,123
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 11.39 11.39 11.91 12.46 12.06 11.40 9.58 12.21%
EPS 0.67 0.65 0.85 1.10 1.11 1.18 0.98 -22.37%
DPS 0.37 0.00 0.83 0.00 0.00 0.00 0.00 -
NAPS 0.0645 0.0633 0.0617 0.0605 0.0576 0.0544 0.0489 20.25%
Price Multiplier on Financial Quarter End Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 -
Price 0.53 0.56 0.90 0.91 0.92 0.87 1.06 -
P/RPS 0.52 0.55 0.63 0.60 0.62 0.61 0.85 -27.91%
P/EPS 8.79 9.56 8.82 6.76 6.75 5.89 8.26 4.22%
EY 11.37 10.46 11.33 14.78 14.81 16.97 12.11 -4.11%
DY 6.29 0.00 11.11 0.00 0.00 0.00 0.00 -
P/NAPS 0.91 0.98 1.22 1.23 1.30 1.28 1.66 -32.99%
Price Multiplier on Announcement Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 11/11/05 26/08/05 20/05/05 23/02/05 26/11/04 14/09/04 08/07/04 -
Price 0.49 0.57 0.63 0.89 0.90 1.00 0.88 -
P/RPS 0.48 0.56 0.44 0.58 0.61 0.70 0.70 -22.22%
P/EPS 8.13 9.73 6.18 6.62 6.60 6.78 6.85 12.08%
EY 12.30 10.28 16.19 15.11 15.14 14.76 14.59 -10.74%
DY 6.80 0.00 15.87 0.00 0.00 0.00 0.00 -
P/NAPS 0.84 1.00 0.85 1.20 1.27 1.47 1.38 -28.15%

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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