[WASCO] QoQ Cumulative Quarter Result on 31-Dec-2003 [#4]

Announcement Date
25-Feb-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Dec-2003 [#4]
Profit Trend
QoQ- 56.75%
YoY- 110.11%
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Cumulative Result
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Revenue 569,991 383,125 188,322 691,034 527,197 363,120 190,835 106.98%
PBT 44,458 36,537 21,379 59,790 46,233 30,880 20,404 67.83%
Tax -24,773 -21,167 -14,138 -37,336 -31,939 -21,224 -14,380 43.56%
NP 19,685 15,370 7,241 22,454 14,294 9,656 6,024 119.73%
-
NP to SH 23,735 19,353 7,241 22,538 14,378 9,706 6,074 147.47%
-
Tax Rate 55.72% 57.93% 66.13% 62.45% 69.08% 68.73% 70.48% -
Total Cost 550,306 367,755 181,081 668,580 512,903 353,464 184,811 106.56%
-
Net Worth 204,037 206,431 148,268 134,697 130,709 122,942 115,406 46.06%
Dividend
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Div 4,164 4,300 - 4,927 4,084 - - -
Div Payout % 17.54% 22.22% - 21.87% 28.41% - - -
Equity
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Net Worth 204,037 206,431 148,268 134,697 130,709 122,942 115,406 46.06%
NOSH 416,403 430,066 344,809 328,529 326,772 323,533 319,684 19.21%
Ratio Analysis
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
NP Margin 3.45% 4.01% 3.85% 3.25% 2.71% 2.66% 3.16% -
ROE 11.63% 9.38% 4.88% 16.73% 11.00% 7.89% 5.26% -
Per Share
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 136.88 89.09 54.62 210.34 161.33 112.24 59.69 73.63%
EPS 5.70 4.50 2.10 6.80 4.40 3.00 1.90 107.59%
DPS 1.00 1.00 0.00 1.50 1.25 0.00 0.00 -
NAPS 0.49 0.48 0.43 0.41 0.40 0.38 0.361 22.52%
Adjusted Per Share Value based on latest NOSH - 331,749
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
RPS 73.59 49.46 24.31 89.22 68.06 46.88 24.64 106.97%
EPS 3.06 2.50 0.93 2.91 1.86 1.25 0.78 148.12%
DPS 0.54 0.56 0.00 0.64 0.53 0.00 0.00 -
NAPS 0.2634 0.2665 0.1914 0.1739 0.1688 0.1587 0.149 46.05%
Price Multiplier on Financial Quarter End Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 -
Price 1.80 1.72 2.10 2.08 2.02 1.34 0.90 -
P/RPS 1.31 1.93 3.85 0.99 1.25 1.19 1.51 -9.01%
P/EPS 31.58 38.22 100.00 30.32 45.91 44.67 47.37 -23.62%
EY 3.17 2.62 1.00 3.30 2.18 2.24 2.11 31.07%
DY 0.56 0.58 0.00 0.72 0.62 0.00 0.00 -
P/NAPS 3.67 3.58 4.88 5.07 5.05 3.53 2.49 29.42%
Price Multiplier on Announcement Date
30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 CAGR
Date 24/11/04 25/08/04 26/05/04 25/02/04 20/11/03 27/08/03 28/05/03 -
Price 2.10 1.48 1.60 2.05 2.03 1.74 0.98 -
P/RPS 1.53 1.66 2.93 0.97 1.26 1.55 1.64 -4.51%
P/EPS 36.84 32.89 76.19 29.88 46.14 58.00 51.58 -20.04%
EY 2.71 3.04 1.31 3.35 2.17 1.72 1.94 24.88%
DY 0.48 0.68 0.00 0.73 0.62 0.00 0.00 -
P/NAPS 4.29 3.08 3.72 5.00 5.08 4.58 2.71 35.71%

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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