[MANULFE] QoQ Annualized Quarter Result on 31-Mar-2011 [#1]

Announcement Date
18-May-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Mar-2011 [#1]
Profit Trend
QoQ- -17.98%
YoY- -20.79%
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Annualized Quarter Result
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Revenue 687,326 675,741 595,282 557,356 612,143 576,964 557,794 14.89%
PBT 49,733 78,033 75,962 65,920 82,188 76,718 82,460 -28.55%
Tax -8,827 -15,024 -14,834 -13,136 -17,834 -15,836 -16,918 -35.11%
NP 40,906 63,009 61,128 52,784 64,354 60,882 65,542 -26.90%
-
NP to SH 40,906 63,009 61,128 52,784 64,354 60,882 65,542 -26.90%
-
Tax Rate 17.75% 19.25% 19.53% 19.93% 21.70% 20.64% 20.52% -
Total Cost 646,420 612,732 534,154 504,572 547,789 516,081 492,252 19.85%
-
Net Worth 704,226 556,471 404,773 404,508 536,283 518,150 499,965 25.57%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div 27,319 - - - - - - -
Div Payout % 66.79% - - - - - - -
Equity
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Net Worth 704,226 556,471 404,773 404,508 536,283 518,150 499,965 25.57%
NOSH 202,364 202,353 202,386 202,254 202,371 202,402 202,415 -0.01%
Ratio Analysis
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
NP Margin 5.95% 9.32% 10.27% 9.47% 10.51% 10.55% 11.75% -
ROE 5.81% 11.32% 15.10% 13.05% 12.00% 11.75% 13.11% -
Per Share
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 339.65 333.94 294.13 275.57 302.49 285.06 275.57 14.91%
EPS 20.21 31.13 30.20 26.08 31.80 30.08 32.38 -26.90%
DPS 13.50 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 3.48 2.75 2.00 2.00 2.65 2.56 2.47 25.59%
Adjusted Per Share Value based on latest NOSH - 202,254
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 309.09 303.88 267.70 250.64 275.28 259.46 250.84 14.89%
EPS 18.40 28.34 27.49 23.74 28.94 27.38 29.47 -26.88%
DPS 12.29 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 3.1669 2.5025 1.8203 1.8191 2.4117 2.3301 2.2483 25.57%
Price Multiplier on Financial Quarter End Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 -
Price 3.16 2.81 3.02 3.12 3.10 2.80 2.58 -
P/RPS 0.93 0.84 1.03 1.13 1.02 0.98 0.94 -0.70%
P/EPS 15.63 9.02 10.00 11.96 9.75 9.31 7.97 56.48%
EY 6.40 11.08 10.00 8.36 10.26 10.74 12.55 -36.09%
DY 4.27 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.91 1.02 1.51 1.56 1.17 1.09 1.04 -8.49%
Price Multiplier on Announcement Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 21/02/12 24/11/11 16/08/11 18/05/11 23/02/11 16/11/10 25/08/10 -
Price 3.16 3.16 2.94 3.15 3.10 3.18 2.80 -
P/RPS 0.93 0.95 1.00 1.14 1.02 1.12 1.02 -5.95%
P/EPS 15.63 10.15 9.73 12.07 9.75 10.57 8.65 48.19%
EY 6.40 9.85 10.27 8.29 10.26 9.46 11.56 -32.50%
DY 4.27 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.91 1.15 1.47 1.58 1.17 1.24 1.13 -13.40%

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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