[MANULFE] QoQ Annualized Quarter Result on 31-Mar-2010 [#1]

Announcement Date
25-May-2010
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Mar-2010 [#1]
Profit Trend
QoQ- 12.67%
YoY- 25.62%
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Annualized Quarter Result
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Revenue 612,143 576,964 557,794 525,436 590,970 572,329 567,628 5.14%
PBT 82,188 76,718 82,460 82,708 93,151 85,708 81,150 0.84%
Tax -17,834 -15,836 -16,918 -16,068 -34,003 -28,756 -24,780 -19.64%
NP 64,354 60,882 65,542 66,640 59,148 56,952 56,370 9.20%
-
NP to SH 64,354 60,882 65,542 66,640 59,148 56,952 56,370 9.20%
-
Tax Rate 21.70% 20.64% 20.52% 19.43% 36.50% 33.55% 30.54% -
Total Cost 547,789 516,081 492,252 458,796 531,822 515,377 511,258 4.69%
-
Net Worth 536,283 518,150 499,965 506,075 487,672 469,429 443,109 13.52%
Dividend
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Div - - - - 45,529 26,304 39,454 -
Div Payout % - - - - 76.98% 46.19% 69.99% -
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 536,283 518,150 499,965 506,075 487,672 469,429 443,109 13.52%
NOSH 202,371 202,402 202,415 202,430 202,353 202,340 202,333 0.01%
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 10.51% 10.55% 11.75% 12.68% 10.01% 9.95% 9.93% -
ROE 12.00% 11.75% 13.11% 13.17% 12.13% 12.13% 12.72% -
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 302.49 285.06 275.57 259.56 292.05 282.86 280.54 5.13%
EPS 31.80 30.08 32.38 32.92 29.23 28.15 27.86 9.19%
DPS 0.00 0.00 0.00 0.00 22.50 13.00 19.50 -
NAPS 2.65 2.56 2.47 2.50 2.41 2.32 2.19 13.51%
Adjusted Per Share Value based on latest NOSH - 202,430
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 272.44 256.78 248.25 233.85 263.01 254.72 252.63 5.14%
EPS 28.64 27.10 29.17 29.66 26.32 25.35 25.09 9.19%
DPS 0.00 0.00 0.00 0.00 20.26 11.71 17.56 -
NAPS 2.3868 2.3061 2.2251 2.2523 2.1704 2.0892 1.9721 13.52%
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 3.10 2.80 2.58 2.89 3.30 2.20 2.37 -
P/RPS 1.02 0.98 0.94 1.11 1.13 0.78 0.84 13.77%
P/EPS 9.75 9.31 7.97 8.78 11.29 7.82 8.51 9.46%
EY 10.26 10.74 12.55 11.39 8.86 12.79 11.76 -8.67%
DY 0.00 0.00 0.00 0.00 6.82 5.91 8.23 -
P/NAPS 1.17 1.09 1.04 1.16 1.37 0.95 1.08 5.46%
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 23/02/11 16/11/10 25/08/10 25/05/10 02/03/10 13/11/09 24/08/09 -
Price 3.10 3.18 2.80 2.55 2.71 2.47 2.10 -
P/RPS 1.02 1.12 1.02 0.98 0.93 0.87 0.75 22.68%
P/EPS 9.75 10.57 8.65 7.75 9.27 8.78 7.54 18.63%
EY 10.26 9.46 11.56 12.91 10.79 11.40 13.27 -15.72%
DY 0.00 0.00 0.00 0.00 8.30 5.26 9.29 -
P/NAPS 1.17 1.24 1.13 1.02 1.12 1.06 0.96 14.05%

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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