[SERNKOU] QoQ TTM Result on 31-Mar-2006 [#1]

Announcement Date
26-May-2006
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2006
Quarter
31-Mar-2006 [#1]
Profit Trend
QoQ- -20.9%
YoY- -59.45%
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TTM Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 135,927 132,819 127,034 118,798 121,459 128,924 134,262 0.82%
PBT 7,612 6,411 6,736 6,356 8,030 9,717 11,345 -23.30%
Tax -1,925 -2,429 -1,840 -1,694 -2,136 -1,387 -2,352 -12.47%
NP 5,687 3,982 4,896 4,662 5,894 8,330 8,993 -26.26%
-
NP to SH 5,687 3,982 4,896 4,662 5,894 8,330 8,993 -26.26%
-
Tax Rate 25.29% 37.89% 27.32% 26.65% 26.60% 14.27% 20.73% -
Total Cost 130,240 128,837 122,138 114,136 115,565 120,594 125,269 2.62%
-
Net Worth 71,868 70,728 69,552 72,340 70,546 69,636 68,682 3.06%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div 2,996 1,498 1,498 - - 2,248 2,248 21.04%
Div Payout % 52.69% 37.64% 30.62% - - 26.99% 25.00% -
Equity
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Net Worth 71,868 70,728 69,552 72,340 70,546 69,636 68,682 3.06%
NOSH 119,780 119,879 119,917 120,568 119,569 120,062 120,495 -0.39%
Ratio Analysis
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
NP Margin 4.18% 3.00% 3.85% 3.92% 4.85% 6.46% 6.70% -
ROE 7.91% 5.63% 7.04% 6.44% 8.35% 11.96% 13.09% -
Per Share
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 113.48 110.79 105.93 98.53 101.58 107.38 111.43 1.21%
EPS 4.75 3.32 4.08 3.87 4.93 6.94 7.46 -25.92%
DPS 2.50 1.25 1.25 0.00 0.00 1.87 1.87 21.29%
NAPS 0.60 0.59 0.58 0.60 0.59 0.58 0.57 3.46%
Adjusted Per Share Value based on latest NOSH - 120,568
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 12.61 12.32 11.78 11.02 11.27 11.96 12.45 0.85%
EPS 0.53 0.37 0.45 0.43 0.55 0.77 0.83 -25.78%
DPS 0.28 0.14 0.14 0.00 0.00 0.21 0.21 21.07%
NAPS 0.0667 0.0656 0.0645 0.0671 0.0654 0.0646 0.0637 3.10%
Price Multiplier on Financial Quarter End Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 -
Price 0.38 0.48 0.49 0.50 0.45 0.53 0.56 -
P/RPS 0.33 0.43 0.46 0.51 0.44 0.49 0.50 -24.13%
P/EPS 8.00 14.45 12.00 12.93 9.13 7.64 7.50 4.38%
EY 12.49 6.92 8.33 7.73 10.95 13.09 13.33 -4.23%
DY 6.58 2.60 2.55 0.00 0.00 3.53 3.33 57.27%
P/NAPS 0.63 0.81 0.84 0.83 0.76 0.91 0.98 -25.45%
Price Multiplier on Announcement Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 14/02/07 24/11/06 25/08/06 26/05/06 22/03/06 11/11/05 26/08/05 -
Price 0.38 0.45 0.48 0.50 0.50 0.49 0.57 -
P/RPS 0.33 0.41 0.45 0.51 0.49 0.46 0.51 -25.13%
P/EPS 8.00 13.55 11.76 12.93 10.14 7.06 7.64 3.10%
EY 12.49 7.38 8.51 7.73 9.86 14.16 13.09 -3.07%
DY 6.58 2.78 2.60 0.00 0.00 3.82 3.27 59.18%
P/NAPS 0.63 0.76 0.83 0.83 0.85 0.84 1.00 -26.44%

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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