[NIKKO] QoQ TTM Result on 30-Jun-2004 [#1]

Announcement Date
26-Aug-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Mar-2005
Quarter
30-Jun-2004 [#1]
Profit Trend
QoQ- -37.15%
YoY- -11.18%
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TTM Result
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Revenue 231,743 231,108 204,846 216,291 224,090 220,771 204,167 8.80%
PBT 4,311 5,237 7,470 7,736 11,928 9,081 11,852 -49.01%
Tax -219 566 259 358 951 -766 -1,330 -69.92%
NP 4,092 5,803 7,729 8,094 12,879 8,315 10,522 -46.69%
-
NP to SH 4,092 5,803 7,729 8,094 12,879 8,315 10,522 -46.69%
-
Tax Rate 5.08% -10.81% -3.47% -4.63% -7.97% 8.44% 11.22% -
Total Cost 227,651 225,305 197,117 208,197 211,211 212,456 193,645 11.37%
-
Net Worth 154,345 162,753 174,364 161,238 156,036 161,185 171,532 -6.79%
Dividend
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Div - - - - - - 5,939 -
Div Payout % - - - - - - 56.45% -
Equity
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Net Worth 154,345 162,753 174,364 161,238 156,036 161,185 171,532 -6.79%
NOSH 98,939 98,950 98,930 98,919 98,951 98,886 98,980 -0.02%
Ratio Analysis
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
NP Margin 1.77% 2.51% 3.77% 3.74% 5.75% 3.77% 5.15% -
ROE 2.65% 3.57% 4.43% 5.02% 8.25% 5.16% 6.13% -
Per Share
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 234.23 233.56 207.06 218.65 226.46 223.26 206.27 8.83%
EPS 4.14 5.86 7.81 8.18 13.02 8.41 10.63 -46.63%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 6.00 -
NAPS 1.56 1.6448 1.7625 1.63 1.5769 1.63 1.733 -6.76%
Adjusted Per Share Value based on latest NOSH - 98,919
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 232.73 232.09 205.72 217.21 225.04 221.71 205.04 8.80%
EPS 4.11 5.83 7.76 8.13 12.93 8.35 10.57 -46.69%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 5.96 -
NAPS 1.55 1.6345 1.7511 1.6192 1.567 1.6187 1.7226 -6.79%
Price Multiplier on Financial Quarter End Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 -
Price 1.26 1.46 1.40 1.40 2.10 2.19 2.09 -
P/RPS 0.54 0.63 0.68 0.64 0.93 0.98 1.01 -34.10%
P/EPS 30.47 24.90 17.92 17.11 16.13 26.04 19.66 33.88%
EY 3.28 4.02 5.58 5.84 6.20 3.84 5.09 -25.37%
DY 0.00 0.00 0.00 0.00 0.00 0.00 2.87 -
P/NAPS 0.81 0.89 0.79 0.86 1.33 1.34 1.21 -23.45%
Price Multiplier on Announcement Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 31/05/05 24/02/05 30/11/04 26/08/04 31/05/04 27/02/04 21/11/03 -
Price 0.96 1.43 1.44 1.54 1.50 2.17 1.89 -
P/RPS 0.41 0.61 0.70 0.70 0.66 0.97 0.92 -41.62%
P/EPS 23.21 24.38 18.43 18.82 11.52 25.81 17.78 19.42%
EY 4.31 4.10 5.43 5.31 8.68 3.87 5.62 -16.20%
DY 0.00 0.00 0.00 0.00 0.00 0.00 3.17 -
P/NAPS 0.62 0.87 0.82 0.94 0.95 1.33 1.09 -31.32%

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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