[AMWAY] QoQ TTM Result on 31-Aug-2003 [#4]

Announcement Date
27-Oct-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Aug-2003
Quarter
31-Aug-2003 [#4]
Profit Trend
QoQ- -14.31%
YoY- -9.98%
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TTM Result
31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 30/11/02 CAGR
Revenue 443,076 440,303 426,140 422,297 424,119 395,286 395,871 7.79%
PBT 69,549 71,294 72,217 73,956 81,164 76,911 77,270 -6.77%
Tax -21,852 -21,813 -21,507 -21,642 -20,115 -18,940 -18,097 13.38%
NP 47,697 49,481 50,710 52,314 61,049 57,971 59,173 -13.37%
-
NP to SH 47,697 49,481 50,710 52,314 61,049 57,971 59,173 -13.37%
-
Tax Rate 31.42% 30.60% 29.78% 29.26% 24.78% 24.63% 23.42% -
Total Cost 395,379 390,822 375,430 369,983 363,070 337,315 336,698 11.29%
-
Net Worth 218,645 213,678 212,144 207,197 230,032 223,471 220,261 -0.48%
Dividend
31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 30/11/02 CAGR
Div 82,203 82,179 82,175 82,170 82,163 49,303 49,301 40.56%
Div Payout % 172.35% 166.08% 162.05% 157.07% 134.59% 85.05% 83.32% -
Equity
31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 30/11/02 CAGR
Net Worth 218,645 213,678 212,144 207,197 230,032 223,471 220,261 -0.48%
NOSH 164,395 164,368 164,453 164,442 164,309 164,316 164,374 0.00%
Ratio Analysis
31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 30/11/02 CAGR
NP Margin 10.76% 11.24% 11.90% 12.39% 14.39% 14.67% 14.95% -
ROE 21.81% 23.16% 23.90% 25.25% 26.54% 25.94% 26.86% -
Per Share
31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 30/11/02 CAGR
RPS 269.52 267.88 259.13 256.81 258.12 240.56 240.84 7.78%
EPS 29.01 30.10 30.84 31.81 37.15 35.28 36.00 -13.39%
DPS 50.00 50.00 50.00 50.00 50.00 30.00 30.00 40.52%
NAPS 1.33 1.30 1.29 1.26 1.40 1.36 1.34 -0.49%
Adjusted Per Share Value based on latest NOSH - 164,442
31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 30/11/02 CAGR
RPS 269.53 267.85 259.23 256.89 258.00 240.46 240.82 7.79%
EPS 29.02 30.10 30.85 31.82 37.14 35.27 36.00 -13.37%
DPS 50.01 49.99 49.99 49.99 49.98 29.99 29.99 40.57%
NAPS 1.3301 1.2999 1.2905 1.2604 1.3993 1.3594 1.3399 -0.48%
Price Multiplier on Financial Quarter End Date
31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 30/11/02 CAGR
Date 31/05/04 27/02/04 28/11/03 29/08/03 30/05/03 28/02/03 29/11/02 -
Price 6.70 6.75 6.40 6.70 6.35 5.95 5.80 -
P/RPS 2.49 2.52 2.47 2.61 2.46 2.47 2.41 2.19%
P/EPS 23.09 22.42 20.76 21.06 17.09 16.87 16.11 27.09%
EY 4.33 4.46 4.82 4.75 5.85 5.93 6.21 -21.35%
DY 7.46 7.41 7.81 7.46 7.87 5.04 5.17 27.66%
P/NAPS 5.04 5.19 4.96 5.32 4.54 4.38 4.33 10.64%
Price Multiplier on Announcement Date
31/05/04 29/02/04 30/11/03 31/08/03 31/05/03 28/02/03 30/11/02 CAGR
Date 16/07/04 21/04/04 30/01/04 27/10/03 28/07/03 21/04/03 23/01/03 -
Price 6.80 6.70 6.80 6.85 6.30 6.15 5.95 -
P/RPS 2.52 2.50 2.62 2.67 2.44 2.56 2.47 1.34%
P/EPS 23.44 22.26 22.05 21.53 16.96 17.43 16.53 26.19%
EY 4.27 4.49 4.53 4.64 5.90 5.74 6.05 -20.71%
DY 7.35 7.46 7.35 7.30 7.94 4.88 5.04 28.56%
P/NAPS 5.11 5.15 5.27 5.44 4.50 4.52 4.44 9.81%

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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