[MAYBANK] QoQ Annualized Quarter Result on 31-Mar-2007 [#3]

Announcement Date
11-May-2007
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2007
Quarter
31-Mar-2007 [#3]
Profit Trend
QoQ- 4.12%
YoY- 9.21%
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Annualized Quarter Result
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Revenue 15,847,750 15,688,420 15,179,312 14,621,618 14,000,150 14,160,448 12,754,491 15.53%
PBT 4,094,662 4,056,408 4,363,698 4,043,198 4,008,494 3,483,332 3,988,065 1.76%
Tax -1,138,378 -1,048,564 -1,110,827 -1,130,029 -1,179,658 -1,139,640 -1,153,481 -0.87%
NP 2,956,284 3,007,844 3,252,871 2,913,169 2,828,836 2,343,692 2,834,584 2.83%
-
NP to SH 2,932,766 2,941,716 3,178,372 2,834,088 2,721,910 2,274,724 2,772,418 3.80%
-
Tax Rate 27.80% 25.85% 25.46% 27.95% 29.43% 32.72% 28.92% -
Total Cost 12,891,466 12,680,576 11,926,441 11,708,449 11,171,314 11,816,756 9,919,907 19.02%
-
Net Worth 19,418,866 19,903,276 15,198,683 15,343,510 17,796,929 17,738,551 16,741,323 10.36%
Dividend
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Div 2,530,931 2,723,811 3,079,071 2,045,801 3,054,742 - 3,203,035 -14.49%
Div Payout % 86.30% 92.59% 96.88% 72.19% 112.23% - 115.53% -
Equity
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Net Worth 19,418,866 19,903,276 15,198,683 15,343,510 17,796,929 17,738,551 16,741,323 10.36%
NOSH 3,893,741 3,891,158 3,848,839 3,835,877 3,818,427 3,801,742 3,768,276 2.20%
Ratio Analysis
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
NP Margin 18.65% 19.17% 21.43% 19.92% 20.21% 16.55% 22.22% -
ROE 15.10% 14.78% 20.91% 18.47% 15.29% 12.82% 16.56% -
Per Share
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
RPS 407.01 403.18 394.39 381.18 366.65 372.47 338.47 13.04%
EPS 75.32 75.60 66.07 59.11 71.28 59.84 73.57 1.57%
DPS 65.00 70.00 80.00 53.33 80.00 0.00 85.00 -16.33%
NAPS 4.9872 5.115 3.9489 4.00 4.6608 4.6659 4.4427 7.98%
Adjusted Per Share Value based on latest NOSH - 3,869,835
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
RPS 131.33 130.01 125.79 121.17 116.02 117.35 105.70 15.52%
EPS 24.30 24.38 26.34 23.49 22.56 18.85 22.98 3.78%
DPS 20.97 22.57 25.52 16.95 25.31 0.00 26.54 -14.49%
NAPS 1.6093 1.6494 1.2595 1.2715 1.4748 1.47 1.3874 10.36%
Price Multiplier on Financial Quarter End Date
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Date 31/12/07 28/09/07 29/06/07 30/03/07 29/12/06 29/09/06 30/06/06 -
Price 11.50 11.00 12.00 12.80 11.80 11.20 10.70 -
P/RPS 2.83 2.73 3.04 3.36 3.22 3.01 3.16 -7.07%
P/EPS 15.27 14.55 14.53 17.32 16.55 18.72 14.54 3.31%
EY 6.55 6.87 6.88 5.77 6.04 5.34 6.88 -3.21%
DY 5.65 6.36 6.67 4.17 6.78 0.00 7.94 -20.24%
P/NAPS 2.31 2.15 3.04 3.20 2.53 2.40 2.41 -2.77%
Price Multiplier on Announcement Date
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Date 20/02/08 15/11/07 29/08/07 11/05/07 21/02/07 14/11/06 24/08/06 -
Price 9.80 11.40 11.60 12.40 13.20 11.50 10.80 -
P/RPS 2.41 2.83 2.94 3.25 3.60 3.09 3.19 -17.00%
P/EPS 13.01 15.08 14.05 16.78 18.52 19.22 14.68 -7.71%
EY 7.69 6.63 7.12 5.96 5.40 5.20 6.81 8.41%
DY 6.63 6.14 6.90 4.30 6.06 0.00 7.87 -10.77%
P/NAPS 1.97 2.23 2.94 3.10 2.83 2.46 2.43 -13.02%

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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