[ULICORP] QoQ Cumulative Quarter Result on 30-Sep-2003 [#3]

Announcement Date
07-Nov-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Sep-2003 [#3]
Profit Trend
QoQ- 64.62%
YoY- 12.24%
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Cumulative Result
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Revenue 30,001 12,596 59,278 44,586 27,069 11,405 48,280 -27.20%
PBT 7,852 2,906 13,799 9,928 5,886 2,109 10,670 -18.50%
Tax -2,173 -759 -3,748 -3,080 -1,726 -563 -3,003 -19.41%
NP 5,679 2,147 10,051 6,848 4,160 1,546 7,667 -18.15%
-
NP to SH 5,679 2,147 10,051 6,848 4,160 1,546 8,593 -24.14%
-
Tax Rate 27.67% 26.12% 27.16% 31.02% 29.32% 26.70% 28.14% -
Total Cost 24,322 10,449 49,227 37,738 22,909 9,859 40,613 -28.97%
-
Net Worth 80,940 63,570 19,199 57,999 57,600 54,729 53,206 32.30%
Dividend
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Div - - 1,999 - - - - -
Div Payout % - - 19.90% - - - - -
Equity
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Net Worth 80,940 63,570 19,199 57,999 57,600 54,729 53,206 32.30%
NOSH 43,989 39,981 39,999 39,999 40,000 39,948 40,004 6.54%
Ratio Analysis
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
NP Margin 18.93% 17.05% 16.96% 15.36% 15.37% 13.56% 15.88% -
ROE 7.02% 3.38% 52.35% 11.81% 7.22% 2.82% 16.15% -
Per Share
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 68.20 31.50 148.20 111.47 67.67 28.55 120.69 -31.67%
EPS 12.91 5.37 7.85 17.12 10.40 3.87 21.48 -28.80%
DPS 0.00 0.00 5.00 0.00 0.00 0.00 0.00 -
NAPS 1.84 1.59 0.48 1.45 1.44 1.37 1.33 24.18%
Adjusted Per Share Value based on latest NOSH - 40,000
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
RPS 13.77 5.78 27.22 20.47 12.43 5.24 22.17 -27.22%
EPS 2.61 0.99 4.61 3.14 1.91 0.71 3.95 -24.15%
DPS 0.00 0.00 0.92 0.00 0.00 0.00 0.00 -
NAPS 0.3716 0.2919 0.0882 0.2663 0.2645 0.2513 0.2443 32.29%
Price Multiplier on Financial Quarter End Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 -
Price 1.78 1.88 1.88 1.56 0.89 0.71 0.85 -
P/RPS 2.61 5.97 1.27 1.40 1.32 2.49 0.70 140.64%
P/EPS 13.79 35.01 7.48 9.11 8.56 18.35 3.96 129.91%
EY 7.25 2.86 13.37 10.97 11.69 5.45 25.27 -56.53%
DY 0.00 0.00 2.66 0.00 0.00 0.00 0.00 -
P/NAPS 0.97 1.18 3.92 1.08 0.62 0.52 0.64 31.97%
Price Multiplier on Announcement Date
30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 CAGR
Date 17/08/04 20/05/04 20/02/04 07/11/03 22/08/03 23/05/03 25/02/03 -
Price 1.77 1.77 1.87 1.95 1.39 0.74 0.66 -
P/RPS 2.60 5.62 1.26 1.75 2.05 2.59 0.55 181.93%
P/EPS 13.71 32.96 7.44 11.39 13.37 19.12 3.07 171.43%
EY 7.29 3.03 13.44 8.78 7.48 5.23 32.55 -63.15%
DY 0.00 0.00 2.67 0.00 0.00 0.00 0.00 -
P/NAPS 0.96 1.11 3.90 1.34 0.97 0.54 0.50 54.53%

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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