[WASCO] QoQ TTM Result on 31-Mar-2004 [#1]

Announcement Date
26-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 6.11%
YoY- 52.93%
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TTM Result
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Revenue 773,335 733,828 711,039 688,521 686,756 694,606 706,331 6.19%
PBT 59,049 58,015 65,447 60,765 57,342 53,577 54,493 5.47%
Tax -33,511 -30,170 -37,279 -37,094 -35,086 -34,842 -36,876 -6.15%
NP 25,538 27,845 28,168 23,671 22,256 18,735 17,617 27.94%
-
NP to SH 25,538 27,845 28,202 23,705 22,340 18,819 17,667 27.70%
-
Tax Rate 56.75% 52.00% 56.96% 61.05% 61.19% 65.03% 67.67% -
Total Cost 747,797 705,983 682,871 664,850 664,500 675,871 688,714 5.61%
-
Net Worth 165,261 178,931 242,239 148,268 136,017 133,485 125,469 20.05%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div 10,211 10,022 10,022 4,976 9,147 6,585 2,413 160.48%
Div Payout % 39.98% 36.00% 35.54% 20.99% 40.95% 34.99% 13.66% -
Equity
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Net Worth 165,261 178,931 242,239 148,268 136,017 133,485 125,469 20.05%
NOSH 344,294 365,166 504,666 344,809 331,749 333,714 330,181 2.81%
Ratio Analysis
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
NP Margin 3.30% 3.79% 3.96% 3.44% 3.24% 2.70% 2.49% -
ROE 15.45% 15.56% 11.64% 15.99% 16.42% 14.10% 14.08% -
Per Share
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 224.61 200.96 140.89 199.68 207.01 208.14 213.92 3.28%
EPS 7.42 7.63 5.59 6.87 6.73 5.64 5.35 24.24%
DPS 2.97 2.74 1.99 1.44 2.76 1.97 0.73 153.77%
NAPS 0.48 0.49 0.48 0.43 0.41 0.40 0.38 16.76%
Adjusted Per Share Value based on latest NOSH - 344,809
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 99.84 94.74 91.80 88.89 88.67 89.68 91.19 6.19%
EPS 3.30 3.59 3.64 3.06 2.88 2.43 2.28 27.81%
DPS 1.32 1.29 1.29 0.64 1.18 0.85 0.31 161.55%
NAPS 0.2134 0.231 0.3127 0.1914 0.1756 0.1723 0.162 20.06%
Price Multiplier on Financial Quarter End Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 -
Price 2.04 1.80 1.72 2.10 2.08 2.02 1.34 -
P/RPS 0.91 0.90 1.22 1.05 1.00 0.97 0.63 27.63%
P/EPS 27.50 23.61 30.78 30.55 30.89 35.82 25.04 6.41%
EY 3.64 4.24 3.25 3.27 3.24 2.79 3.99 -5.91%
DY 1.45 1.52 1.15 0.69 1.33 0.98 0.55 90.28%
P/NAPS 4.25 3.67 3.58 4.88 5.07 5.05 3.53 13.10%
Price Multiplier on Announcement Date
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Date 23/02/05 24/11/04 25/08/04 26/05/04 25/02/04 20/11/03 27/08/03 -
Price 1.91 2.10 1.48 1.60 2.05 2.03 1.74 -
P/RPS 0.85 1.04 1.05 0.80 0.99 0.98 0.81 3.25%
P/EPS 25.75 27.54 26.48 23.27 30.44 36.00 32.52 -14.35%
EY 3.88 3.63 3.78 4.30 3.28 2.78 3.08 16.56%
DY 1.55 1.31 1.34 0.90 1.35 0.97 0.42 137.86%
P/NAPS 3.98 4.29 3.08 3.72 5.00 5.08 4.58 -8.89%

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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