[MAYBANK] QoQ Quarter Result on 31-Mar-2006 [#3]

Announcement Date
15-May-2006
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2006
Quarter
31-Mar-2006 [#3]
Profit Trend
QoQ- 0.83%
YoY- -6.89%
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Quarter Result
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Revenue 3,459,963 3,540,112 2,997,605 3,329,087 3,295,181 3,163,034 3,659,447 -3.65%
PBT 1,133,414 870,833 1,195,377 946,480 919,606 946,878 808,295 25.20%
Tax -304,919 -284,910 -336,559 -276,596 -278,584 -267,418 -232,747 19.67%
NP 828,495 585,923 858,818 669,884 641,022 679,460 575,548 27.40%
-
NP to SH 792,274 568,681 840,624 639,370 634,079 672,945 567,295 24.86%
-
Tax Rate 26.90% 32.72% 28.16% 29.22% 30.29% 28.24% 28.79% -
Total Cost 2,631,468 2,954,189 2,138,787 2,659,203 2,654,159 2,483,574 3,083,899 -10.01%
-
Net Worth 17,871,472 17,738,551 16,756,965 16,891,439 16,696,162 17,214,872 16,351,443 6.08%
Dividend
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Div 1,533,768 - 1,897,473 - - 1,863,081 2,224,686 -21.90%
Div Payout % 193.59% - 225.72% - - 276.85% 392.16% -
Equity
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Net Worth 17,871,472 17,738,551 16,756,965 16,891,439 16,696,162 17,214,872 16,351,443 6.08%
NOSH 3,834,421 3,801,742 3,794,946 3,787,318 3,751,946 3,726,162 3,707,810 2.25%
Ratio Analysis
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
NP Margin 23.95% 16.55% 28.65% 20.12% 19.45% 21.48% 15.73% -
ROE 4.43% 3.21% 5.02% 3.79% 3.80% 3.91% 3.47% -
Per Share
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 90.23 93.12 78.99 87.90 87.83 84.89 98.70 -5.79%
EPS 20.66 14.96 22.15 16.88 16.84 18.06 15.26 22.31%
DPS 40.00 0.00 50.00 0.00 0.00 50.00 60.00 -23.62%
NAPS 4.6608 4.6659 4.4156 4.46 4.45 4.62 4.41 3.74%
Adjusted Per Share Value based on latest NOSH - 3,787,318
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
RPS 28.67 29.34 24.84 27.59 27.31 26.21 30.33 -3.67%
EPS 6.57 4.71 6.97 5.30 5.25 5.58 4.70 24.94%
DPS 12.71 0.00 15.72 0.00 0.00 15.44 18.44 -21.91%
NAPS 1.481 1.47 1.3887 1.3998 1.3836 1.4266 1.3551 6.08%
Price Multiplier on Financial Quarter End Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 30/09/05 30/06/05 -
Price 11.80 11.20 10.70 11.00 11.10 11.60 10.90 -
P/RPS 13.08 12.03 13.55 12.51 12.64 13.67 11.04 11.93%
P/EPS 57.11 74.87 48.30 65.16 65.68 64.23 71.24 -13.66%
EY 1.75 1.34 2.07 1.53 1.52 1.56 1.40 15.99%
DY 3.39 0.00 4.67 0.00 0.00 4.31 5.50 -27.51%
P/NAPS 2.53 2.40 2.42 2.47 2.49 2.51 2.47 1.60%
Price Multiplier on Announcement Date
31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 30/09/05 30/06/05 CAGR
Date 21/02/07 14/11/06 24/08/06 15/05/06 15/02/06 17/11/05 01/09/05 -
Price 13.20 11.50 10.80 11.30 11.00 11.00 11.30 -
P/RPS 14.63 12.35 13.67 12.86 12.52 12.96 11.45 17.69%
P/EPS 63.88 76.88 48.76 66.94 65.09 60.91 73.86 -9.20%
EY 1.57 1.30 2.05 1.49 1.54 1.64 1.35 10.55%
DY 3.03 0.00 4.63 0.00 0.00 4.55 5.31 -31.13%
P/NAPS 2.83 2.46 2.45 2.53 2.47 2.38 2.56 6.89%

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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