[MANULFE] QoQ Quarter Result on 31-Dec-2004 [#4]

Announcement Date
28-Feb-2005
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2004
Quarter
31-Dec-2004 [#4]
Profit Trend
QoQ- 23.39%
YoY- -46.47%
Quarter Report
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Quarter Result
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Revenue 117,466 112,353 98,345 124,437 106,584 107,390 96,902 13.67%
PBT 16,581 13,513 12,681 18,000 14,473 13,098 11,305 29.06%
Tax -4,775 -4,178 -3,630 -5,257 -4,146 -3,706 -3,258 28.99%
NP 11,806 9,335 9,051 12,743 10,327 9,392 8,047 29.08%
-
NP to SH 11,806 9,335 9,051 12,743 10,327 9,392 8,047 29.08%
-
Tax Rate 28.80% 30.92% 28.63% 29.21% 28.65% 28.29% 28.82% -
Total Cost 105,660 103,018 89,294 111,694 96,257 97,998 88,855 12.22%
-
Net Worth 325,143 315,073 324,985 317,060 302,548 292,868 306,552 3.99%
Dividend
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Net Worth 325,143 315,073 324,985 317,060 302,548 292,868 306,552 3.99%
NOSH 201,952 201,970 201,854 201,949 201,699 201,978 201,679 0.09%
Ratio Analysis
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
NP Margin 10.05% 8.31% 9.20% 10.24% 9.69% 8.75% 8.30% -
ROE 3.63% 2.96% 2.79% 4.02% 3.41% 3.21% 2.63% -
Per Share
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 58.17 55.63 48.72 61.62 52.84 53.17 48.05 13.57%
EPS 5.85 4.62 4.48 6.31 5.12 4.65 3.99 29.02%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.61 1.56 1.61 1.57 1.50 1.45 1.52 3.90%
Adjusted Per Share Value based on latest NOSH - 201,949
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
RPS 53.52 51.19 44.81 56.70 48.56 48.93 44.15 13.67%
EPS 5.38 4.25 4.12 5.81 4.71 4.28 3.67 29.01%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.4815 1.4356 1.4808 1.4447 1.3786 1.3345 1.3968 3.99%
Price Multiplier on Financial Quarter End Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 -
Price 2.13 2.14 2.34 2.30 2.14 1.98 2.15 -
P/RPS 3.66 3.85 4.80 3.73 4.05 3.72 4.47 -12.46%
P/EPS 36.44 46.30 52.19 36.45 41.80 42.58 53.88 -22.93%
EY 2.74 2.16 1.92 2.74 2.39 2.35 1.86 29.43%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.32 1.37 1.45 1.46 1.43 1.37 1.41 -4.29%
Price Multiplier on Announcement Date
30/09/05 30/06/05 31/03/05 31/12/04 30/09/04 30/06/04 31/03/04 CAGR
Date 23/11/05 24/08/05 30/05/05 28/02/05 25/11/04 25/08/04 26/05/04 -
Price 2.10 2.15 2.25 2.29 2.16 2.19 2.31 -
P/RPS 3.61 3.86 4.62 3.72 4.09 4.12 4.81 -17.39%
P/EPS 35.92 46.52 50.18 36.29 42.19 47.10 57.89 -27.23%
EY 2.78 2.15 1.99 2.76 2.37 2.12 1.73 37.15%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.30 1.38 1.40 1.46 1.44 1.51 1.52 -9.88%

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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