[MAYBANK] QoQ Annualized Quarter Result on 31-Dec-2012 [#4]

Announcement Date
21-Feb-2013
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2012
Quarter
31-Dec-2012 [#4]
Profit Trend
QoQ- 0.55%
YoY- 17.65%
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Annualized Quarter Result
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Revenue 33,308,817 33,410,728 32,467,228 31,227,230 31,738,812 31,596,032 31,491,676 3.80%
PBT 8,757,326 8,431,152 8,506,904 7,896,302 7,928,734 7,842,080 7,578,288 10.11%
Tax -2,123,964 -2,068,742 -2,273,724 -1,977,618 -2,087,637 -2,150,538 -2,115,608 0.26%
NP 6,633,362 6,362,410 6,233,180 5,918,684 5,841,097 5,691,542 5,462,680 13.80%
-
NP to SH 6,427,054 6,147,896 6,024,856 5,745,920 5,714,705 5,569,574 5,387,524 12.46%
-
Tax Rate 24.25% 24.54% 26.73% 25.04% 26.33% 27.42% 27.92% -
Total Cost 26,675,454 27,048,318 26,234,048 25,308,546 25,897,714 25,904,490 26,028,996 1.64%
-
Net Worth 43,873,311 43,605,622 43,343,055 39,422,461 36,578,140 35,750,798 34,012,756 18.47%
Dividend
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Div 2,573,567 3,830,729 - 5,137,661 3,300,205 4,911,878 - -
Div Payout % 40.04% 62.31% - 89.41% 57.75% 88.19% - -
Equity
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Net Worth 43,873,311 43,605,622 43,343,055 39,422,461 36,578,140 35,750,798 34,012,756 18.47%
NOSH 8,578,556 8,512,733 8,428,729 7,904,094 7,734,857 7,674,810 7,639,711 8.02%
Ratio Analysis
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
NP Margin 19.91% 19.04% 19.20% 18.95% 18.40% 18.01% 17.35% -
ROE 14.65% 14.10% 13.90% 14.58% 15.62% 15.58% 15.84% -
Per Share
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
RPS 388.28 392.48 385.20 395.08 410.33 411.68 412.21 -3.90%
EPS 74.92 72.22 71.48 72.69 73.93 72.56 70.52 4.11%
DPS 30.00 45.00 0.00 65.00 42.67 64.00 0.00 -
NAPS 5.1143 5.1224 5.1423 4.9876 4.729 4.6582 4.4521 9.67%
Adjusted Per Share Value based on latest NOSH - 8,441,786
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
RPS 276.03 276.88 269.06 258.78 263.02 261.84 260.97 3.80%
EPS 53.26 50.95 49.93 47.62 47.36 46.16 44.65 12.46%
DPS 21.33 31.75 0.00 42.58 27.35 40.71 0.00 -
NAPS 3.6358 3.6136 3.5919 3.267 3.0313 2.9627 2.8187 18.47%
Price Multiplier on Financial Quarter End Date
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Date 30/09/13 28/06/13 29/03/13 31/12/12 28/09/12 29/06/12 30/03/12 -
Price 9.84 10.40 9.35 9.20 9.01 8.70 8.87 -
P/RPS 2.53 2.65 2.43 2.33 2.20 2.11 2.15 11.44%
P/EPS 13.13 14.40 13.08 12.66 12.20 11.99 12.58 2.89%
EY 7.61 6.94 7.64 7.90 8.20 8.34 7.95 -2.86%
DY 3.05 4.33 0.00 7.07 4.74 7.36 0.00 -
P/NAPS 1.92 2.03 1.82 1.84 1.91 1.87 1.99 -2.35%
Price Multiplier on Announcement Date
30/09/13 30/06/13 31/03/13 31/12/12 30/09/12 30/06/12 31/03/12 CAGR
Date 21/11/13 21/08/13 23/05/13 21/02/13 09/11/12 16/08/12 24/05/12 -
Price 9.55 10.00 10.08 8.93 9.02 8.94 8.50 -
P/RPS 2.46 2.55 2.62 2.26 2.20 2.17 2.06 12.54%
P/EPS 12.75 13.85 14.10 12.28 12.21 12.32 12.05 3.83%
EY 7.85 7.22 7.09 8.14 8.19 8.12 8.30 -3.64%
DY 3.14 4.50 0.00 7.28 4.73 7.16 0.00 -
P/NAPS 1.87 1.95 1.96 1.79 1.91 1.92 1.91 -1.39%

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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