[MAYBANK] QoQ Annualized Quarter Result on 31-Mar-2006 [#3]

Announcement Date
15-May-2006
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2006
Quarter
31-Mar-2006 [#3]
Profit Trend
QoQ- -0.72%
YoY- 0.58%
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Annualized Quarter Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 14,000,150 14,160,448 12,754,491 13,049,736 12,916,430 12,652,136 11,215,887 15.88%
PBT 4,008,494 3,483,332 3,988,065 3,750,618 3,732,968 3,787,512 3,494,492 9.55%
Tax -1,179,658 -1,139,640 -1,153,481 -1,096,797 -1,092,004 -1,069,672 -950,247 15.46%
NP 2,828,836 2,343,692 2,834,584 2,653,821 2,640,964 2,717,840 2,544,245 7.30%
-
NP to SH 2,721,910 2,274,724 2,772,418 2,595,192 2,614,048 2,691,780 2,502,526 5.74%
-
Tax Rate 29.43% 32.72% 28.92% 29.24% 29.25% 28.24% 27.19% -
Total Cost 11,171,314 11,816,756 9,919,907 10,395,914 10,275,466 9,934,296 8,671,642 18.34%
-
Net Worth 17,796,929 17,738,551 16,741,323 16,767,750 16,670,268 17,214,872 16,126,292 6.77%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div 3,054,742 - 3,203,035 2,506,390 - 7,452,325 3,750,130 -12.74%
Div Payout % 112.23% - 115.53% 96.58% - 276.85% 149.85% -
Equity
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Net Worth 17,796,929 17,738,551 16,741,323 16,767,750 16,670,268 17,214,872 16,126,292 6.77%
NOSH 3,818,427 3,801,742 3,768,276 3,759,585 3,746,127 3,726,162 3,658,663 2.88%
Ratio Analysis
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
NP Margin 20.21% 16.55% 22.22% 20.34% 20.45% 21.48% 22.68% -
ROE 15.29% 12.82% 16.56% 15.48% 15.68% 15.64% 15.52% -
Per Share
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 366.65 372.47 338.47 347.11 344.79 339.55 306.56 12.63%
EPS 71.28 59.84 73.57 69.03 69.78 72.24 68.41 2.76%
DPS 80.00 0.00 85.00 66.67 0.00 200.00 102.50 -15.19%
NAPS 4.6608 4.6659 4.4427 4.46 4.45 4.62 4.4077 3.78%
Adjusted Per Share Value based on latest NOSH - 3,787,318
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 116.05 117.37 105.72 108.17 107.06 104.87 92.97 15.88%
EPS 22.56 18.86 22.98 21.51 21.67 22.31 20.74 5.75%
DPS 25.32 0.00 26.55 20.78 0.00 61.77 31.08 -12.73%
NAPS 1.4752 1.4703 1.3877 1.3899 1.3818 1.4269 1.3367 6.77%
Price Multiplier on Financial Quarter End Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 -
Price 11.80 11.20 10.70 11.00 11.10 11.60 10.90 -
P/RPS 3.22 3.01 3.16 3.17 3.22 3.42 3.56 -6.45%
P/EPS 16.55 18.72 14.54 15.94 15.91 16.06 15.94 2.52%
EY 6.04 5.34 6.88 6.28 6.29 6.23 6.28 -2.55%
DY 6.78 0.00 7.94 6.06 0.00 17.24 9.40 -19.52%
P/NAPS 2.53 2.40 2.41 2.47 2.49 2.51 2.47 1.60%
Price Multiplier on Announcement Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 21/02/07 14/11/06 24/08/06 15/05/06 15/02/06 17/11/05 01/09/05 -
Price 13.20 11.50 10.80 11.30 11.00 11.00 11.30 -
P/RPS 3.60 3.09 3.19 3.26 3.19 3.24 3.69 -1.62%
P/EPS 18.52 19.22 14.68 16.37 15.76 15.23 16.52 7.89%
EY 5.40 5.20 6.81 6.11 6.34 6.57 6.05 -7.27%
DY 6.06 0.00 7.87 5.90 0.00 18.18 9.07 -23.51%
P/NAPS 2.83 2.46 2.43 2.53 2.47 2.38 2.56 6.89%

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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