[MANULFE] QoQ Quarter Result on 30-Jun-2004 [#2]

Announcement Date
25-Aug-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Jun-2004 [#2]
Profit Trend
QoQ- 16.71%
YoY- 17.12%
Quarter Report
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Quarter Result
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Revenue 98,345 124,437 106,584 107,390 96,902 126,606 99,839 -0.99%
PBT 12,681 18,000 14,473 13,098 11,305 19,588 11,379 7.48%
Tax -3,630 -5,257 -4,146 -3,706 -3,258 4,219 -3,234 7.99%
NP 9,051 12,743 10,327 9,392 8,047 23,807 8,145 7.27%
-
NP to SH 9,051 12,743 10,327 9,392 8,047 23,807 8,145 7.27%
-
Tax Rate 28.63% 29.21% 28.65% 28.29% 28.82% -21.54% 28.42% -
Total Cost 89,294 111,694 96,257 97,998 88,855 102,799 91,694 -1.75%
-
Net Worth 324,985 317,060 302,548 292,868 306,552 298,343 274,188 11.98%
Dividend
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Net Worth 324,985 317,060 302,548 292,868 306,552 298,343 274,188 11.98%
NOSH 201,854 201,949 201,699 201,978 201,679 201,583 201,608 0.08%
Ratio Analysis
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
NP Margin 9.20% 10.24% 9.69% 8.75% 8.30% 18.80% 8.16% -
ROE 2.79% 4.02% 3.41% 3.21% 2.63% 7.98% 2.97% -
Per Share
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 48.72 61.62 52.84 53.17 48.05 62.81 49.52 -1.07%
EPS 4.48 6.31 5.12 4.65 3.99 11.81 4.04 7.12%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.61 1.57 1.50 1.45 1.52 1.48 1.36 11.89%
Adjusted Per Share Value based on latest NOSH - 201,978
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
RPS 44.81 56.70 48.56 48.93 44.15 57.69 45.49 -0.99%
EPS 4.12 5.81 4.71 4.28 3.67 10.85 3.71 7.23%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.4808 1.4447 1.3786 1.3345 1.3968 1.3594 1.2493 11.98%
Price Multiplier on Financial Quarter End Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 -
Price 2.34 2.30 2.14 1.98 2.15 2.00 2.00 -
P/RPS 4.80 3.73 4.05 3.72 4.47 3.18 4.04 12.16%
P/EPS 52.19 36.45 41.80 42.58 53.88 16.93 49.50 3.58%
EY 1.92 2.74 2.39 2.35 1.86 5.91 2.02 -3.32%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.45 1.46 1.43 1.37 1.41 1.35 1.47 -0.90%
Price Multiplier on Announcement Date
31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 30/09/03 CAGR
Date 30/05/05 28/02/05 25/11/04 25/08/04 26/05/04 24/02/04 19/11/03 -
Price 2.25 2.29 2.16 2.19 2.31 2.09 1.99 -
P/RPS 4.62 3.72 4.09 4.12 4.81 3.33 4.02 9.70%
P/EPS 50.18 36.29 42.19 47.10 57.89 17.70 49.26 1.24%
EY 1.99 2.76 2.37 2.12 1.73 5.65 2.03 -1.31%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.40 1.46 1.44 1.51 1.52 1.41 1.46 -2.75%

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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