[MAYBANK] QoQ Annualized Quarter Result on 31-Dec-2015 [#4]

Announcement Date
25-Feb-2016
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2015
Quarter
31-Dec-2015 [#4]
Profit Trend
QoQ- -1.1%
YoY- 1.78%
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Annualized Quarter Result
30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 31/03/15 CAGR
Revenue 44,549,721 44,247,638 44,729,612 40,556,371 39,338,816 36,240,666 36,737,432 13.67%
PBT 7,961,926 7,030,668 7,725,380 9,151,548 9,033,926 8,784,992 8,968,052 -7.60%
Tax -1,943,501 -1,730,262 -1,921,776 -2,165,160 -2,021,850 -2,118,252 -2,120,016 -5.61%
NP 6,018,425 5,300,406 5,803,604 6,986,388 7,012,076 6,666,740 6,848,036 -8.22%
-
NP to SH 5,843,192 5,173,384 5,707,004 6,835,939 6,911,809 6,569,838 6,801,540 -9.60%
-
Tax Rate 24.41% 24.61% 24.88% 23.66% 22.38% 24.11% 23.64% -
Total Cost 38,531,296 38,947,232 38,926,008 33,569,983 32,326,740 29,573,926 29,889,396 18.39%
-
Net Worth 64,729,291 62,033,595 61,977,906 59,980,310 58,981,697 55,584,729 55,545,910 10.70%
Dividend
30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 31/03/15 CAGR
Div 2,629,107 3,917,746 - 5,124,818 3,017,159 4,502,458 - -
Div Payout % 44.99% 75.73% - 74.97% 43.65% 68.53% - -
Equity
30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 31/03/15 CAGR
Net Worth 64,729,291 62,033,595 61,977,906 59,980,310 58,981,697 55,584,729 55,545,910 10.70%
NOSH 9,859,154 9,794,365 9,745,566 9,490,405 9,428,623 9,380,122 9,306,978 3.90%
Ratio Analysis
30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 31/03/15 CAGR
NP Margin 13.51% 11.98% 12.97% 17.23% 17.82% 18.40% 18.64% -
ROE 9.03% 8.34% 9.21% 11.40% 11.72% 11.82% 12.24% -
Per Share
30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 31/03/15 CAGR
RPS 451.86 451.77 458.97 427.34 417.23 386.36 394.73 9.40%
EPS 59.27 52.82 58.56 72.03 73.31 70.04 73.08 -12.99%
DPS 26.67 40.00 0.00 54.00 32.00 48.00 0.00 -
NAPS 6.5654 6.3336 6.3596 6.3201 6.2556 5.9258 5.9682 6.54%
Adjusted Per Share Value based on latest NOSH - 9,672,611
30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 31/03/15 CAGR
RPS 369.19 366.68 370.68 336.09 326.00 300.33 304.45 13.67%
EPS 48.42 42.87 47.29 56.65 57.28 54.44 56.37 -9.61%
DPS 21.79 32.47 0.00 42.47 25.00 37.31 0.00 -
NAPS 5.3642 5.1408 5.1362 4.9706 4.8879 4.6064 4.6031 10.70%
Price Multiplier on Financial Quarter End Date
30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 31/03/15 CAGR
Date 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 31/03/15 -
Price 7.50 8.14 9.02 8.40 8.56 9.14 9.33 -
P/RPS 1.66 1.80 1.97 1.97 2.05 2.37 2.36 -20.85%
P/EPS 12.65 15.41 15.40 11.66 11.68 13.05 12.77 -0.62%
EY 7.90 6.49 6.49 8.58 8.56 7.66 7.83 0.59%
DY 3.56 4.91 0.00 6.43 3.74 5.25 0.00 -
P/NAPS 1.14 1.29 1.42 1.33 1.37 1.54 1.56 -18.82%
Price Multiplier on Announcement Date
30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 31/03/15 CAGR
Date 24/11/16 25/08/16 27/05/16 25/02/16 26/11/15 27/08/15 28/05/15 -
Price 7.70 7.90 8.27 8.64 8.48 8.65 9.11 -
P/RPS 1.70 1.75 1.80 2.02 2.03 2.24 2.31 -18.44%
P/EPS 12.99 14.96 14.12 12.00 11.57 12.35 12.47 2.75%
EY 7.70 6.69 7.08 8.34 8.64 8.10 8.02 -2.67%
DY 3.46 5.06 0.00 6.25 3.77 5.55 0.00 -
P/NAPS 1.17 1.25 1.30 1.37 1.36 1.46 1.53 -16.33%

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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