[CCB] QoQ Annualized Quarter Result on 31-Dec-2010 [#4]

Announcement Date
24-Feb-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Dec-2010 [#4]
Profit Trend
QoQ- -9.87%
YoY- -4.96%
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Annualized Quarter Result
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Revenue 692,000 661,572 608,636 589,246 618,268 615,340 586,588 11.63%
PBT 37,825 34,376 39,276 34,999 37,753 31,742 34,812 5.68%
Tax -10,770 -5,656 -7,900 -8,223 -8,045 -6,428 -7,740 24.61%
NP 27,054 28,720 31,376 26,776 29,708 25,314 27,072 -0.04%
-
NP to SH 27,054 28,720 31,376 26,776 29,708 25,314 27,072 -0.04%
-
Tax Rate 28.47% 16.45% 20.11% 23.49% 21.31% 20.25% 22.23% -
Total Cost 664,945 632,852 577,260 562,470 588,560 590,026 559,516 12.18%
-
Net Worth 186,387 185,420 183,110 176,068 180,883 175,856 174,372 4.53%
Dividend
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Div 6,716 10,077 - 10,073 6,717 10,076 - -
Div Payout % 24.83% 35.09% - 37.62% 22.61% 39.81% - -
Equity
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Net Worth 186,387 185,420 183,110 176,068 180,883 175,856 174,372 4.53%
NOSH 100,749 100,771 100,693 100,737 100,765 100,765 100,700 0.03%
Ratio Analysis
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
NP Margin 3.91% 4.34% 5.16% 4.54% 4.81% 4.11% 4.62% -
ROE 14.52% 15.49% 17.14% 15.21% 16.42% 14.39% 15.53% -
Per Share
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 686.85 656.50 604.45 584.93 613.57 610.67 582.51 11.59%
EPS 26.85 28.50 31.16 26.58 29.49 25.12 26.88 -0.07%
DPS 6.67 10.00 0.00 10.00 6.67 10.00 0.00 -
NAPS 1.85 1.84 1.8185 1.7478 1.7951 1.7452 1.7316 4.50%
Adjusted Per Share Value based on latest NOSH - 100,824
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 686.88 656.68 604.14 584.89 613.70 610.79 582.25 11.63%
EPS 26.85 28.51 31.14 26.58 29.49 25.13 26.87 -0.04%
DPS 6.67 10.00 0.00 10.00 6.67 10.00 0.00 -
NAPS 1.8501 1.8405 1.8176 1.7477 1.7955 1.7456 1.7308 4.53%
Price Multiplier on Financial Quarter End Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 31/03/10 -
Price 3.28 4.56 4.72 4.30 4.88 6.20 5.26 -
P/RPS 0.48 0.69 0.78 0.74 0.80 1.02 0.90 -34.20%
P/EPS 12.21 16.00 15.15 16.18 16.55 24.68 19.57 -26.96%
EY 8.19 6.25 6.60 6.18 6.04 4.05 5.11 36.91%
DY 2.03 2.19 0.00 2.33 1.37 1.61 0.00 -
P/NAPS 1.77 2.48 2.60 2.46 2.72 3.55 3.04 -30.25%
Price Multiplier on Announcement Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 28/10/11 25/07/11 20/04/11 24/02/11 03/11/10 22/07/10 27/04/10 -
Price 3.37 4.40 4.50 4.67 4.82 7.46 5.15 -
P/RPS 0.49 0.67 0.74 0.80 0.79 1.22 0.88 -32.29%
P/EPS 12.55 15.44 14.44 17.57 16.35 29.70 19.16 -24.55%
EY 7.97 6.48 6.92 5.69 6.12 3.37 5.22 32.56%
DY 1.98 2.27 0.00 2.14 1.38 1.34 0.00 -
P/NAPS 1.82 2.39 2.47 2.67 2.69 4.27 2.97 -27.83%

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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