[VS] QoQ TTM Result on 31-Jul-2004 [#4]

Announcement Date
30-Sep-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Jul-2004
Quarter
31-Jul-2004 [#4]
Profit Trend
QoQ- 122.8%
YoY- -16.03%
Quarter Report
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TTM Result
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Revenue 669,667 764,764 831,574 920,274 996,812 992,252 996,225 -23.28%
PBT 26,797 24,865 22,024 12,822 5,737 16,380 10,361 88.52%
Tax -5,987 -5,947 -4,681 -5,895 -2,628 -5,169 -4,630 18.70%
NP 20,810 18,918 17,343 6,927 3,109 11,211 5,731 136.42%
-
NP to SH 20,810 18,918 17,343 6,927 3,109 11,211 5,731 136.42%
-
Tax Rate 22.34% 23.92% 21.25% 45.98% 45.81% 31.56% 44.69% -
Total Cost 648,857 745,846 814,231 913,347 993,703 981,041 990,494 -24.59%
-
Net Worth 237,500 236,500 233,406 223,862 217,249 222,082 221,775 4.67%
Dividend
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Div 4,095 4,095 4,095 4,095 - - 4,180 -1.36%
Div Payout % 19.68% 21.65% 23.61% 59.12% - - 72.95% -
Equity
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Net Worth 237,500 236,500 233,406 223,862 217,249 222,082 221,775 4.67%
NOSH 139,705 137,499 136,495 136,501 136,634 137,087 138,609 0.52%
Ratio Analysis
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
NP Margin 3.11% 2.47% 2.09% 0.75% 0.31% 1.13% 0.58% -
ROE 8.76% 8.00% 7.43% 3.09% 1.43% 5.05% 2.58% -
Per Share
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
RPS 479.34 556.19 609.23 674.19 729.55 723.81 718.73 -23.68%
EPS 14.90 13.76 12.71 5.07 2.28 8.18 4.13 135.41%
DPS 2.93 3.00 3.00 3.00 0.00 0.00 3.02 -1.99%
NAPS 1.70 1.72 1.71 1.64 1.59 1.62 1.60 4.12%
Adjusted Per Share Value based on latest NOSH - 136,501
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
RPS 17.02 19.44 21.14 23.39 25.34 25.22 25.33 -23.30%
EPS 0.53 0.48 0.44 0.18 0.08 0.29 0.15 132.16%
DPS 0.10 0.10 0.10 0.10 0.00 0.00 0.11 -6.16%
NAPS 0.0604 0.0601 0.0593 0.0569 0.0552 0.0565 0.0564 4.67%
Price Multiplier on Financial Quarter End Date
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Date 29/04/05 31/01/05 29/10/04 30/07/04 30/04/04 30/01/04 31/10/03 -
Price 1.16 1.40 1.18 1.19 1.42 1.53 1.70 -
P/RPS 0.24 0.25 0.19 0.18 0.19 0.21 0.24 0.00%
P/EPS 7.79 10.18 9.29 23.45 62.41 18.71 41.12 -67.04%
EY 12.84 9.83 10.77 4.26 1.60 5.35 2.43 203.67%
DY 2.53 2.14 2.54 2.52 0.00 0.00 1.77 26.91%
P/NAPS 0.68 0.81 0.69 0.73 0.89 0.94 1.06 -25.63%
Price Multiplier on Announcement Date
30/04/05 31/01/05 31/10/04 31/07/04 30/04/04 31/01/04 31/10/03 CAGR
Date 30/06/05 31/03/05 20/12/04 30/09/04 30/06/04 30/03/04 29/12/03 -
Price 1.18 1.25 1.40 1.11 1.18 1.40 1.55 -
P/RPS 0.25 0.22 0.23 0.16 0.16 0.19 0.22 8.90%
P/EPS 7.92 9.09 11.02 21.87 51.86 17.12 37.49 -64.56%
EY 12.62 11.01 9.08 4.57 1.93 5.84 2.67 181.90%
DY 2.48 2.40 2.14 2.70 0.00 0.00 1.95 17.40%
P/NAPS 0.69 0.73 0.82 0.68 0.74 0.86 0.97 -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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