[ULICORP] QoQ TTM Result on 31-Mar-2010 [#1]

Announcement Date
26-May-2010
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Mar-2010 [#1]
Profit Trend
QoQ- 6.76%
YoY- 18.02%
Quarter Report
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TTM Result
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Revenue 138,057 134,025 139,118 138,066 140,294 138,720 140,198 -1.01%
PBT 24,837 25,918 32,024 31,776 29,960 23,005 21,610 9.69%
Tax -6,666 -6,798 -8,580 -8,607 -8,258 -5,665 -5,172 18.37%
NP 18,171 19,120 23,444 23,169 21,702 17,340 16,438 6.89%
-
NP to SH 18,171 19,120 23,444 23,169 21,702 17,340 16,438 6.89%
-
Tax Rate 26.84% 26.23% 26.79% 27.09% 27.56% 24.63% 23.93% -
Total Cost 119,886 114,905 115,674 114,897 118,592 121,380 123,760 -2.09%
-
Net Worth 157,973 150,723 147,464 143,477 139,500 135,496 127,712 15.18%
Dividend
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Div - - - 1,981 1,981 1,981 1,981 -
Div Payout % - - - 8.55% 9.13% 11.42% 12.05% -
Equity
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Net Worth 157,973 150,723 147,464 143,477 139,500 135,496 127,712 15.18%
NOSH 132,029 131,797 132,017 131,945 131,990 132,037 132,070 -0.02%
Ratio Analysis
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
NP Margin 13.16% 14.27% 16.85% 16.78% 15.47% 12.50% 11.72% -
ROE 11.50% 12.69% 15.90% 16.15% 15.56% 12.80% 12.87% -
Per Share
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 104.56 101.69 105.38 104.64 106.29 105.06 106.15 -0.99%
EPS 13.76 14.51 17.76 17.56 16.44 13.13 12.45 6.87%
DPS 0.00 0.00 0.00 1.50 1.50 1.50 1.50 -
NAPS 1.1965 1.1436 1.117 1.0874 1.0569 1.0262 0.967 15.20%
Adjusted Per Share Value based on latest NOSH - 131,945
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 63.39 61.54 63.87 63.39 64.41 63.69 64.37 -1.01%
EPS 8.34 8.78 10.76 10.64 9.96 7.96 7.55 6.84%
DPS 0.00 0.00 0.00 0.91 0.91 0.91 0.91 -
NAPS 0.7253 0.692 0.6771 0.6588 0.6405 0.6221 0.5864 15.18%
Price Multiplier on Financial Quarter End Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 30/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 -
Price 0.73 0.78 0.67 0.73 0.58 0.51 0.39 -
P/RPS 0.70 0.77 0.64 0.70 0.55 0.49 0.37 52.78%
P/EPS 5.30 5.38 3.77 4.16 3.53 3.88 3.13 41.92%
EY 18.85 18.60 26.50 24.05 28.35 25.75 31.91 -29.52%
DY 0.00 0.00 0.00 2.05 2.59 2.94 3.85 -
P/NAPS 0.61 0.68 0.60 0.67 0.55 0.50 0.40 32.38%
Price Multiplier on Announcement Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 24/02/11 25/11/10 26/08/10 26/05/10 25/02/10 20/11/09 17/08/09 -
Price 0.735 0.80 0.66 0.66 0.62 0.60 0.50 -
P/RPS 0.70 0.79 0.63 0.63 0.58 0.57 0.47 30.32%
P/EPS 5.34 5.51 3.72 3.76 3.77 4.57 4.02 20.77%
EY 18.72 18.13 26.91 26.61 26.52 21.89 24.89 -17.25%
DY 0.00 0.00 0.00 2.27 2.42 2.50 3.00 -
P/NAPS 0.61 0.70 0.59 0.61 0.59 0.58 0.52 11.19%

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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