[WTHORSE] QoQ Quarter Result on 31-Mar-2012 [#1]

Announcement Date
17-May-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2012
Quarter
31-Mar-2012 [#1]
Profit Trend
QoQ- -44.37%
YoY- -7.12%
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Quarter Result
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Revenue 150,156 148,727 158,496 128,659 140,826 131,118 139,748 4.88%
PBT 9,044 10,990 13,027 15,711 20,682 15,528 18,346 -37.46%
Tax -1,376 -2,533 -3,013 -3,675 954 -3,638 -4,229 -52.53%
NP 7,668 8,457 10,014 12,036 21,636 11,890 14,117 -33.30%
-
NP to SH 7,668 8,457 10,014 12,036 21,636 11,890 14,117 -33.30%
-
Tax Rate 15.21% 23.05% 23.13% 23.39% -4.61% 23.43% 23.05% -
Total Cost 142,488 140,270 148,482 116,623 119,190 119,228 125,631 8.71%
-
Net Worth 459,274 675,640 668,365 668,411 459,377 646,245 634,575 -19.31%
Dividend
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Div 11,481 11,490 - - 11,484 11,499 - -
Div Payout % 149.74% 135.87% - - 53.08% 96.71% - -
Equity
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Net Worth 459,274 675,640 668,365 668,411 459,377 646,245 634,575 -19.31%
NOSH 229,637 229,809 229,678 229,694 229,688 229,980 229,918 -0.08%
Ratio Analysis
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
NP Margin 5.11% 5.69% 6.32% 9.35% 15.36% 9.07% 10.10% -
ROE 1.67% 1.25% 1.50% 1.80% 4.71% 1.84% 2.22% -
Per Share
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
RPS 65.39 64.72 69.01 56.01 61.31 57.01 60.78 4.97%
EPS 3.34 3.68 4.36 5.24 9.42 5.17 6.14 -33.23%
DPS 5.00 5.00 0.00 0.00 5.00 5.00 0.00 -
NAPS 2.00 2.94 2.91 2.91 2.00 2.81 2.76 -19.24%
Adjusted Per Share Value based on latest NOSH - 229,694
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
RPS 68.25 67.60 72.04 58.48 64.01 59.60 63.52 4.88%
EPS 3.49 3.84 4.55 5.47 9.83 5.40 6.42 -33.26%
DPS 5.22 5.22 0.00 0.00 5.22 5.23 0.00 -
NAPS 2.0876 3.0711 3.038 3.0382 2.0881 2.9375 2.8844 -19.30%
Price Multiplier on Financial Quarter End Date
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Date 31/12/12 28/09/12 29/06/12 30/03/12 30/12/11 30/09/11 30/06/11 -
Price 1.62 1.65 1.66 1.68 1.67 1.70 1.88 -
P/RPS 2.48 2.55 2.41 3.00 2.72 2.98 3.09 -13.57%
P/EPS 48.51 44.84 38.07 32.06 17.73 32.88 30.62 35.71%
EY 2.06 2.23 2.63 3.12 5.64 3.04 3.27 -26.40%
DY 3.09 3.03 0.00 0.00 2.99 2.94 0.00 -
P/NAPS 0.81 0.56 0.57 0.58 0.84 0.60 0.68 12.31%
Price Multiplier on Announcement Date
31/12/12 30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 CAGR
Date 27/02/13 21/11/12 29/08/12 17/05/12 24/02/12 18/11/11 19/08/11 -
Price 1.61 1.65 1.67 1.69 1.75 1.72 1.75 -
P/RPS 2.46 2.55 2.42 3.02 2.85 3.02 2.88 -9.93%
P/EPS 48.22 44.84 38.30 32.25 18.58 33.27 28.50 41.76%
EY 2.07 2.23 2.61 3.10 5.38 3.01 3.51 -29.56%
DY 3.11 3.03 0.00 0.00 2.86 2.91 0.00 -
P/NAPS 0.81 0.56 0.57 0.58 0.88 0.61 0.63 18.14%

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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