[MANULFE] QoQ Quarter Result on 30-Sep-2004 [#3]

Announcement Date
25-Nov-2004
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
30-Sep-2004 [#3]
Profit Trend
QoQ- 9.96%
YoY- 26.79%
Quarter Report
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Quarter Result
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Revenue 112,353 98,345 124,437 106,584 107,390 96,902 126,606 -7.66%
PBT 13,513 12,681 18,000 14,473 13,098 11,305 19,588 -21.94%
Tax -4,178 -3,630 -5,257 -4,146 -3,706 -3,258 4,219 -
NP 9,335 9,051 12,743 10,327 9,392 8,047 23,807 -46.45%
-
NP to SH 9,335 9,051 12,743 10,327 9,392 8,047 23,807 -46.45%
-
Tax Rate 30.92% 28.63% 29.21% 28.65% 28.29% 28.82% -21.54% -
Total Cost 103,018 89,294 111,694 96,257 97,998 88,855 102,799 0.14%
-
Net Worth 315,073 324,985 317,060 302,548 292,868 306,552 298,343 3.70%
Dividend
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Net Worth 315,073 324,985 317,060 302,548 292,868 306,552 298,343 3.70%
NOSH 201,970 201,854 201,949 201,699 201,978 201,679 201,583 0.12%
Ratio Analysis
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
NP Margin 8.31% 9.20% 10.24% 9.69% 8.75% 8.30% 18.80% -
ROE 2.96% 2.79% 4.02% 3.41% 3.21% 2.63% 7.98% -
Per Share
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 55.63 48.72 61.62 52.84 53.17 48.05 62.81 -7.78%
EPS 4.62 4.48 6.31 5.12 4.65 3.99 11.81 -46.54%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.56 1.61 1.57 1.50 1.45 1.52 1.48 3.57%
Adjusted Per Share Value based on latest NOSH - 201,699
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
RPS 51.19 44.81 56.70 48.56 48.93 44.15 57.69 -7.66%
EPS 4.25 4.12 5.81 4.71 4.28 3.67 10.85 -46.49%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.4356 1.4808 1.4447 1.3786 1.3345 1.3968 1.3594 3.70%
Price Multiplier on Financial Quarter End Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 -
Price 2.14 2.34 2.30 2.14 1.98 2.15 2.00 -
P/RPS 3.85 4.80 3.73 4.05 3.72 4.47 3.18 13.60%
P/EPS 46.30 52.19 36.45 41.80 42.58 53.88 16.93 95.68%
EY 2.16 1.92 2.74 2.39 2.35 1.86 5.91 -48.91%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.37 1.45 1.46 1.43 1.37 1.41 1.35 0.98%
Price Multiplier on Announcement Date
30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 31/12/03 CAGR
Date 24/08/05 30/05/05 28/02/05 25/11/04 25/08/04 26/05/04 24/02/04 -
Price 2.15 2.25 2.29 2.16 2.19 2.31 2.09 -
P/RPS 3.86 4.62 3.72 4.09 4.12 4.81 3.33 10.35%
P/EPS 46.52 50.18 36.29 42.19 47.10 57.89 17.70 90.56%
EY 2.15 1.99 2.76 2.37 2.12 1.73 5.65 -47.51%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.38 1.40 1.46 1.44 1.51 1.52 1.41 -1.42%

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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