[CCB] QoQ Annualized Quarter Result on 31-Mar-2005 [#1]

Announcement Date
09-May-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2005
Quarter
31-Mar-2005 [#1]
Profit Trend
QoQ- -13.32%
YoY- -46.47%
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Annualized Quarter Result
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Revenue 760,682 766,080 788,868 726,452 757,262 764,700 783,164 -1.91%
PBT 33,428 30,272 30,644 19,488 25,588 31,314 40,450 -11.90%
Tax -9,520 -8,833 -8,902 -6,640 -10,766 -12,073 -14,370 -23.94%
NP 23,908 21,438 21,742 12,848 14,822 19,241 26,080 -5.61%
-
NP to SH 23,908 21,438 21,742 12,848 14,822 19,241 26,080 -5.61%
-
Tax Rate 28.48% 29.18% 29.05% 34.07% 42.07% 38.55% 35.53% -
Total Cost 736,774 744,641 767,126 713,604 742,440 745,458 757,084 -1.79%
-
Net Worth 385,862 378,057 376,656 376,528 373,875 370,585 372,367 2.39%
Dividend
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Div 15,112 6,716 10,075 - 15,114 6,716 10,074 30.94%
Div Payout % 63.21% 31.33% 46.34% - 101.97% 34.91% 38.63% -
Equity
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Net Worth 385,862 378,057 376,656 376,528 373,875 370,585 372,367 2.39%
NOSH 100,750 100,745 100,750 100,689 100,761 100,746 100,748 0.00%
Ratio Analysis
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
NP Margin 3.14% 2.80% 2.76% 1.77% 1.96% 2.52% 3.33% -
ROE 6.20% 5.67% 5.77% 3.41% 3.96% 5.19% 7.00% -
Per Share
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 755.02 760.41 782.99 721.48 751.54 759.03 777.34 -1.91%
EPS 23.73 21.28 21.58 12.76 14.71 19.09 25.88 -5.60%
DPS 15.00 6.67 10.00 0.00 15.00 6.67 10.00 30.94%
NAPS 3.8299 3.7526 3.7385 3.7395 3.7105 3.6784 3.696 2.39%
Adjusted Per Share Value based on latest NOSH - 100,689
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
RPS 755.06 760.41 783.03 721.08 751.66 759.05 777.37 -1.91%
EPS 23.73 21.28 21.58 12.75 14.71 19.10 25.89 -5.62%
DPS 15.00 6.67 10.00 0.00 15.00 6.67 10.00 30.94%
NAPS 3.8301 3.7526 3.7387 3.7374 3.7111 3.6784 3.6961 2.39%
Price Multiplier on Financial Quarter End Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 30/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 -
Price 2.42 2.90 3.00 2.95 3.08 3.20 3.26 -
P/RPS 0.32 0.38 0.38 0.41 0.41 0.42 0.42 -16.53%
P/EPS 10.20 13.63 13.90 23.12 20.94 16.75 12.59 -13.06%
EY 9.81 7.34 7.19 4.33 4.78 5.97 7.94 15.09%
DY 6.20 2.30 3.33 0.00 4.87 2.08 3.07 59.56%
P/NAPS 0.63 0.77 0.80 0.79 0.83 0.87 0.88 -19.92%
Price Multiplier on Announcement Date
31/12/05 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 CAGR
Date 27/02/06 09/11/05 25/07/05 09/05/05 17/02/05 29/10/04 02/08/04 -
Price 2.32 2.80 3.00 3.10 3.02 3.20 3.26 -
P/RPS 0.31 0.37 0.38 0.43 0.40 0.42 0.42 -18.28%
P/EPS 9.78 13.16 13.90 24.29 20.53 16.75 12.59 -15.45%
EY 10.23 7.60 7.19 4.12 4.87 5.97 7.94 18.35%
DY 6.47 2.38 3.33 0.00 4.97 2.08 3.07 64.15%
P/NAPS 0.61 0.75 0.80 0.83 0.81 0.87 0.88 -21.62%

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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