[FAVCO] QoQ Annualized Quarter Result on 31-Mar-2007 [#1]

Announcement Date
24-May-2007
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2007
Quarter
31-Mar-2007 [#1]
Profit Trend
QoQ- 41.95%
YoY--%
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Annualized Quarter Result
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Revenue 453,896 428,054 394,020 288,556 388,156 315,241 342,302 20.63%
PBT 21,562 19,357 18,880 15,648 10,946 10,857 11,266 53.96%
Tax -2,627 -2,538 -3,310 -1,640 -1,078 -830 -1,182 70.05%
NP 18,935 16,818 15,570 14,008 9,868 10,026 10,084 52.02%
-
NP to SH 18,935 16,818 15,570 14,008 9,868 10,026 10,084 52.02%
-
Tax Rate 12.18% 13.11% 17.53% 10.48% 9.85% 7.64% 10.49% -
Total Cost 434,961 411,236 378,450 274,548 378,288 305,214 332,218 19.62%
-
Net Worth 130,996 126,816 122,744 117,855 90,544 80,783 75,316 44.48%
Dividend
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Div 5,529 - - - 2,296 - - -
Div Payout % 29.20% - - - 23.27% - - -
Equity
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Net Worth 130,996 126,816 122,744 117,855 90,544 80,783 75,316 44.48%
NOSH 170,125 169,088 168,142 168,365 131,223 118,799 104,605 38.17%
Ratio Analysis
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
NP Margin 4.17% 3.93% 3.95% 4.85% 2.54% 3.18% 2.95% -
ROE 14.45% 13.26% 12.68% 11.89% 10.90% 12.41% 13.39% -
Per Share
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
RPS 266.80 253.15 234.34 171.39 295.80 265.36 327.23 -12.69%
EPS 11.22 9.95 9.26 8.32 7.52 8.44 9.64 10.61%
DPS 3.25 0.00 0.00 0.00 1.75 0.00 0.00 -
NAPS 0.77 0.75 0.73 0.70 0.69 0.68 0.72 4.56%
Adjusted Per Share Value based on latest NOSH - 168,365
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
RPS 191.86 180.94 166.55 121.97 164.07 133.25 144.69 20.63%
EPS 8.00 7.11 6.58 5.92 4.17 4.24 4.26 52.03%
DPS 2.34 0.00 0.00 0.00 0.97 0.00 0.00 -
NAPS 0.5537 0.5361 0.5188 0.4982 0.3827 0.3415 0.3184 44.46%
Price Multiplier on Financial Quarter End Date
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Date 31/12/07 28/09/07 29/06/07 30/03/07 29/12/06 29/09/06 - -
Price 1.80 1.76 2.04 1.20 0.80 0.62 0.00 -
P/RPS 0.67 0.70 0.87 0.70 0.27 0.23 0.00 -
P/EPS 16.17 17.69 22.03 14.42 10.64 7.35 0.00 -
EY 6.18 5.65 4.54 6.93 9.40 13.61 0.00 -
DY 1.81 0.00 0.00 0.00 2.19 0.00 0.00 -
P/NAPS 2.34 2.35 2.79 1.71 1.16 0.91 0.00 -
Price Multiplier on Announcement Date
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Date 26/02/08 27/11/07 23/08/07 24/05/07 28/02/07 28/11/06 11/08/06 -
Price 1.70 1.75 1.80 1.25 1.08 0.70 0.00 -
P/RPS 0.64 0.69 0.77 0.73 0.37 0.26 0.00 -
P/EPS 15.27 17.59 19.44 15.02 14.36 8.29 0.00 -
EY 6.55 5.68 5.14 6.66 6.96 12.06 0.00 -
DY 1.91 0.00 0.00 0.00 1.62 0.00 0.00 -
P/NAPS 2.21 2.33 2.47 1.79 1.57 1.03 0.00 -

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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