[MAYBANK] QoQ Annualized Quarter Result on 31-Dec-2018 [#4]

Announcement Date
26-Feb-2019
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2018
Quarter
31-Dec-2018 [#4]
Profit Trend
QoQ- 5.15%
YoY- 7.88%
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Annualized Quarter Result
30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 31/03/18 CAGR
Revenue 53,151,897 52,060,976 51,905,900 47,319,853 46,781,254 46,048,782 46,061,340 10.00%
PBT 10,333,701 10,204,038 9,801,724 10,901,346 10,407,668 10,332,482 10,226,672 0.69%
Tax -2,456,654 -2,478,242 -2,302,456 -2,545,410 -2,534,153 -2,543,646 -2,628,720 -4.40%
NP 7,877,046 7,725,796 7,499,268 8,355,936 7,873,514 7,788,836 7,597,952 2.43%
-
NP to SH 7,665,258 7,500,270 7,237,056 8,113,260 7,715,873 7,660,098 7,484,144 1.60%
-
Tax Rate 23.77% 24.29% 23.49% 23.35% 24.35% 24.62% 25.70% -
Total Cost 45,274,850 44,335,180 44,406,632 38,963,917 38,907,740 38,259,946 38,463,388 11.47%
-
Net Worth 79,301,062 78,532,974 78,200,815 75,330,108 72,734,615 71,853,940 72,802,528 5.86%
Dividend
30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 31/03/18 CAGR
Div 3,747,120 5,556,788 - 6,298,319 3,641,464 5,460,109 - -
Div Payout % 48.88% 74.09% - 77.63% 47.19% 71.28% - -
Equity
30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 31/03/18 CAGR
Net Worth 79,301,062 78,532,974 78,200,815 75,330,108 72,734,615 71,853,940 72,802,528 5.86%
NOSH 11,241,361 11,241,361 11,049,682 11,049,682 10,945,196 10,945,196 10,906,379 2.03%
Ratio Analysis
30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 31/03/18 CAGR
NP Margin 14.82% 14.84% 14.45% 17.66% 16.83% 16.91% 16.50% -
ROE 9.67% 9.55% 9.25% 10.77% 10.61% 10.66% 10.28% -
Per Share
30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 31/03/18 CAGR
RPS 472.82 468.44 469.75 428.25 428.23 421.68 424.91 7.37%
EPS 68.84 67.68 65.48 74.20 70.83 70.40 69.04 -0.19%
DPS 33.33 50.00 0.00 57.00 33.33 50.00 0.00 -
NAPS 7.0544 7.0664 7.0772 6.8174 6.658 6.5799 6.716 3.32%
Adjusted Per Share Value based on latest NOSH - 11,049,682
30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 31/03/18 CAGR
RPS 440.47 431.43 430.15 392.14 387.68 381.61 381.71 10.00%
EPS 63.52 62.16 59.97 67.24 63.94 63.48 62.02 1.60%
DPS 31.05 46.05 0.00 52.19 30.18 45.25 0.00 -
NAPS 6.5718 6.5081 6.4806 6.2427 6.0276 5.9546 6.0332 5.86%
Price Multiplier on Financial Quarter End Date
30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 31/03/18 CAGR
Date 30/09/19 28/06/19 29/03/19 31/12/18 28/09/18 29/06/18 30/03/18 -
Price 8.51 8.88 9.27 9.50 9.79 9.00 10.60 -
P/RPS 1.80 1.90 1.97 2.22 2.29 2.13 2.49 -19.43%
P/EPS 12.48 13.16 14.15 12.94 13.86 12.83 15.35 -12.87%
EY 8.01 7.60 7.07 7.73 7.21 7.79 6.51 14.80%
DY 3.92 5.63 0.00 6.00 3.40 5.56 0.00 -
P/NAPS 1.21 1.26 1.31 1.39 1.47 1.37 1.58 -16.28%
Price Multiplier on Announcement Date
30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 31/03/18 CAGR
Date 28/11/19 29/08/19 30/05/19 26/02/19 29/11/18 30/08/18 28/05/18 -
Price 8.52 8.57 8.97 9.55 9.45 9.96 10.00 -
P/RPS 1.80 1.83 1.91 2.23 2.21 2.36 2.35 -16.27%
P/EPS 12.49 12.70 13.70 13.01 13.38 14.20 14.48 -9.37%
EY 8.00 7.87 7.30 7.69 7.47 7.04 6.90 10.35%
DY 3.91 5.83 0.00 5.97 3.53 5.02 0.00 -
P/NAPS 1.21 1.21 1.27 1.40 1.42 1.51 1.49 -12.94%

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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