[NCB] QoQ Annualized Quarter Result on 31-Mar-2009 [#1]

Announcement Date
20-Apr-2009
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2009
Quarter
31-Mar-2009 [#1]
Profit Trend
QoQ- -23.23%
YoY- -10.82%
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Annualized Quarter Result
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Revenue 831,415 809,129 777,032 751,056 946,185 951,856 931,398 -7.27%
PBT 167,986 172,602 146,750 142,412 164,155 189,157 187,442 -7.02%
Tax -26,916 -34,825 -29,122 -22,924 -8,287 -61,536 -61,398 -42.20%
NP 141,070 137,777 117,628 119,488 155,868 127,621 126,044 7.77%
-
NP to SH 141,043 137,717 117,460 119,472 155,615 127,321 125,652 7.98%
-
Tax Rate 16.02% 20.18% 19.84% 16.10% 5.05% 32.53% 32.76% -
Total Cost 690,345 671,352 659,404 631,568 790,317 824,234 805,354 -9.73%
-
Net Worth 1,847,663 1,839,375 1,790,090 1,810,747 1,795,919 1,759,292 1,720,682 4.84%
Dividend
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Div 131,640 44,019 65,777 - 117,533 43,903 65,639 58.83%
Div Payout % 93.33% 31.96% 56.00% - 75.53% 34.48% 52.24% -
Equity
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Net Worth 1,847,663 1,839,375 1,790,090 1,810,747 1,795,919 1,759,292 1,720,682 4.84%
NOSH 470,143 471,634 469,840 466,687 470,135 470,399 468,850 0.18%
Ratio Analysis
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
NP Margin 16.97% 17.03% 15.14% 15.91% 16.47% 13.41% 13.53% -
ROE 7.63% 7.49% 6.56% 6.60% 8.66% 7.24% 7.30% -
Per Share
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 176.84 171.56 165.38 160.93 201.26 202.35 198.66 -7.44%
EPS 30.00 29.20 25.00 25.60 33.10 27.07 26.80 7.78%
DPS 28.00 9.33 14.00 0.00 25.00 9.33 14.00 58.53%
NAPS 3.93 3.90 3.81 3.88 3.82 3.74 3.67 4.65%
Adjusted Per Share Value based on latest NOSH - 466,687
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 175.60 170.89 164.11 158.63 199.84 201.03 196.71 -7.26%
EPS 29.79 29.09 24.81 25.23 32.87 26.89 26.54 7.98%
DPS 27.80 9.30 13.89 0.00 24.82 9.27 13.86 58.84%
NAPS 3.9023 3.8848 3.7807 3.8244 3.793 3.7157 3.6341 4.84%
Price Multiplier on Financial Quarter End Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 -
Price 3.11 2.96 2.76 2.83 2.33 2.97 3.10 -
P/RPS 1.76 1.73 1.67 1.76 1.16 1.47 1.56 8.35%
P/EPS 10.37 10.14 11.04 11.05 7.04 10.97 11.57 -7.02%
EY 9.65 9.86 9.06 9.05 14.21 9.11 8.65 7.54%
DY 9.00 3.15 5.07 0.00 10.73 3.14 4.52 58.07%
P/NAPS 0.79 0.76 0.72 0.73 0.61 0.79 0.84 -3.99%
Price Multiplier on Announcement Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 23/02/10 26/10/09 24/08/09 20/04/09 23/02/09 24/10/08 21/08/08 -
Price 3.24 3.04 3.00 2.92 2.49 2.33 3.00 -
P/RPS 1.83 1.77 1.81 1.81 1.24 1.15 1.51 13.63%
P/EPS 10.80 10.41 12.00 11.41 7.52 8.61 11.19 -2.33%
EY 9.26 9.61 8.33 8.77 13.29 11.62 8.93 2.44%
DY 8.64 3.07 4.67 0.00 10.04 4.01 4.67 50.53%
P/NAPS 0.82 0.78 0.79 0.75 0.65 0.62 0.82 0.00%

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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