[ULICORP] QoQ Quarter Result on 30-Sep-2004 [#3]

Announcement Date
26-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- 3.23%
YoY- 35.64%
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Quarter Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 24,561 18,423 22,571 20,444 17,405 12,596 14,692 40.90%
PBT 1,564 3,988 5,885 5,172 4,946 2,906 3,871 -45.37%
Tax -890 -1,082 -1,502 -1,526 -1,414 -759 -668 21.10%
NP 674 2,906 4,383 3,646 3,532 2,147 3,203 -64.65%
-
NP to SH 674 2,906 4,383 3,646 3,532 2,147 3,203 -64.65%
-
Tax Rate 56.91% 27.13% 25.52% 29.51% 28.59% 26.12% 17.26% -
Total Cost 23,887 15,517 18,188 16,798 13,873 10,449 11,489 62.97%
-
Net Worth 91,188 91,142 86,253 83,563 80,932 63,570 40,000 73.30%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 91,188 91,142 86,253 83,563 80,932 63,570 40,000 73.30%
NOSH 132,156 132,090 130,686 43,980 43,985 39,981 40,000 121.99%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 2.74% 15.77% 19.42% 17.83% 20.29% 17.05% 21.80% -
ROE 0.74% 3.19% 5.08% 4.36% 4.36% 3.38% 8.01% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 18.58 13.95 17.27 46.48 39.57 31.50 36.73 -36.53%
EPS 0.51 2.20 3.35 8.29 8.03 5.37 2.50 -65.37%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.69 0.69 0.66 1.90 1.84 1.59 1.00 -21.93%
Adjusted Per Share Value based on latest NOSH - 43,980
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 11.28 8.46 10.36 9.39 7.99 5.78 6.75 40.86%
EPS 0.31 1.33 2.01 1.67 1.62 0.99 1.47 -64.60%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.4187 0.4185 0.396 0.3837 0.3716 0.2919 0.1837 73.27%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 0.95 1.03 1.16 1.77 1.78 1.88 1.88 -
P/RPS 5.11 7.38 6.72 3.81 4.50 5.97 5.12 -0.13%
P/EPS 186.27 46.82 34.59 21.35 22.17 35.01 23.48 298.27%
EY 0.54 2.14 2.89 4.68 4.51 2.86 4.26 -74.79%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.38 1.49 1.76 0.93 0.97 1.18 1.88 -18.64%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 23/08/05 25/05/05 23/02/05 26/11/04 17/08/04 20/05/04 20/02/04 -
Price 0.92 1.00 1.16 3.80 1.77 1.77 1.87 -
P/RPS 4.95 7.17 6.72 8.17 4.47 5.62 5.09 -1.84%
P/EPS 180.39 45.45 34.59 45.84 22.04 32.96 23.35 291.28%
EY 0.55 2.20 2.89 2.18 4.54 3.03 4.28 -74.56%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.33 1.45 1.76 2.00 0.96 1.11 1.87 -20.33%

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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