[HSL] QoQ TTM Result on 31-Mar-2003 [#1]

Announcement Date
22-May-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- 17.39%
YoY- 76.35%
Quarter Report
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TTM Result
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Revenue 287,526 252,533 236,312 214,239 189,612 170,100 156,715 49.70%
PBT 29,359 26,173 22,985 20,222 17,246 14,186 12,994 71.93%
Tax -8,671 -7,872 -6,814 -5,927 -5,069 -4,292 -3,964 68.26%
NP 20,688 18,301 16,171 14,295 12,177 9,894 9,030 73.52%
-
NP to SH 20,688 18,301 16,171 14,295 12,177 9,894 9,030 73.52%
-
Tax Rate 29.53% 30.08% 29.65% 29.31% 29.39% 30.26% 30.51% -
Total Cost 266,838 234,232 220,141 199,944 177,435 160,206 147,685 48.18%
-
Net Worth 146,202 142,736 139,149 139,657 135,863 131,461 128,208 9.12%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div 10,986 4,417 4,417 - - - - -
Div Payout % 53.11% 24.14% 27.32% - - - - -
Equity
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Net Worth 146,202 142,736 139,149 139,657 135,863 131,461 128,208 9.12%
NOSH 72,991 73,198 73,624 74,285 74,650 74,693 74,540 -1.38%
Ratio Analysis
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
NP Margin 7.20% 7.25% 6.84% 6.67% 6.42% 5.82% 5.76% -
ROE 14.15% 12.82% 11.62% 10.24% 8.96% 7.53% 7.04% -
Per Share
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 393.92 345.00 320.97 288.40 254.00 227.73 210.24 51.80%
EPS 28.34 25.00 21.96 19.24 16.31 13.25 12.11 75.99%
DPS 15.00 6.00 6.00 0.00 0.00 0.00 0.00 -
NAPS 2.003 1.95 1.89 1.88 1.82 1.76 1.72 10.65%
Adjusted Per Share Value based on latest NOSH - 74,285
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 49.35 43.34 40.56 36.77 32.54 29.19 26.90 49.69%
EPS 3.55 3.14 2.78 2.45 2.09 1.70 1.55 73.49%
DPS 1.89 0.76 0.76 0.00 0.00 0.00 0.00 -
NAPS 0.2509 0.245 0.2388 0.2397 0.2332 0.2256 0.22 9.13%
Price Multiplier on Financial Quarter End Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 28/06/02 -
Price 0.67 0.55 0.49 0.39 0.37 0.39 0.43 -
P/RPS 0.17 0.16 0.15 0.14 0.15 0.17 0.20 -10.24%
P/EPS 2.36 2.20 2.23 2.03 2.27 2.94 3.55 -23.77%
EY 42.30 45.46 44.83 49.34 44.09 33.96 28.17 31.03%
DY 22.39 10.91 12.24 0.00 0.00 0.00 0.00 -
P/NAPS 0.33 0.28 0.26 0.21 0.20 0.22 0.25 20.27%
Price Multiplier on Announcement Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 20/02/04 17/11/03 21/08/03 22/05/03 27/02/03 27/11/02 28/08/02 -
Price 0.88 0.78 0.51 0.41 0.35 0.39 0.42 -
P/RPS 0.22 0.23 0.16 0.14 0.14 0.17 0.20 6.54%
P/EPS 3.10 3.12 2.32 2.13 2.15 2.94 3.47 -7.22%
EY 32.21 32.05 43.07 46.93 46.61 33.96 28.84 7.62%
DY 17.05 7.69 11.76 0.00 0.00 0.00 0.00 -
P/NAPS 0.44 0.40 0.27 0.22 0.19 0.22 0.24 49.62%

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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