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

Announcement Date
20-May-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Mar-2004 [#1]
Profit Trend
QoQ- 5.98%
YoY- 23.62%
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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 73,016 65,137 62,210 60,469 59,278 56,609 52,038 25.20%
PBT 18,909 16,895 15,765 14,596 13,799 12,034 11,220 41.39%
Tax -5,201 -4,367 -4,195 -3,944 -3,748 -2,694 -2,245 74.63%
NP 13,708 12,528 11,570 10,652 10,051 9,340 8,975 32.45%
-
NP to SH 13,708 12,528 11,570 10,652 10,051 9,340 8,975 32.45%
-
Tax Rate 27.51% 25.85% 26.61% 27.02% 27.16% 22.39% 20.01% -
Total Cost 59,308 52,609 50,640 49,817 49,227 47,269 43,063 23.66%
-
Net Worth 86,253 43,980 43,985 39,981 40,000 58,000 57,555 30.79%
Dividend
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
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 86,253 43,980 43,985 39,981 40,000 58,000 57,555 30.79%
NOSH 130,686 43,980 43,985 39,981 40,000 40,000 39,969 119.50%
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 18.77% 19.23% 18.60% 17.62% 16.96% 16.50% 17.25% -
ROE 15.89% 28.49% 26.30% 26.64% 25.13% 16.10% 15.59% -
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 55.87 148.10 141.43 151.24 148.19 141.52 130.19 -42.95%
EPS 10.49 28.49 26.30 26.64 25.13 23.35 22.45 -39.64%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.66 1.00 1.00 1.00 1.00 1.45 1.44 -40.41%
Adjusted Per Share Value based on latest NOSH - 39,981
31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 30/06/03 CAGR
RPS 33.52 29.91 28.56 27.76 27.22 25.99 23.89 25.20%
EPS 6.29 5.75 5.31 4.89 4.61 4.29 4.12 32.41%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 0.396 0.2019 0.202 0.1836 0.1837 0.2663 0.2643 30.77%
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 1.16 1.77 1.78 1.88 1.88 1.56 0.89 -
P/RPS 2.08 1.20 1.26 1.24 1.27 1.10 0.68 110.00%
P/EPS 11.06 6.21 6.77 7.06 7.48 6.68 3.96 97.70%
EY 9.04 16.09 14.78 14.17 13.37 14.97 25.23 -49.39%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.76 1.77 1.78 1.88 1.88 1.08 0.62 99.85%
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 26/11/04 17/08/04 20/05/04 20/02/04 07/11/03 22/08/03 -
Price 1.16 3.80 1.77 1.77 1.87 1.95 1.39 -
P/RPS 2.08 2.57 1.25 1.17 1.26 1.38 1.07 55.44%
P/EPS 11.06 13.34 6.73 6.64 7.44 8.35 6.19 46.98%
EY 9.04 7.50 14.86 15.05 13.44 11.97 16.15 -31.96%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.76 3.80 1.77 1.77 1.87 1.34 0.97 48.49%

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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