[MAYBANK] QoQ Quarter Result on 31-Mar-2014 [#1]

Announcement Date
29-May-2014
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2014
Quarter
31-Mar-2014 [#1]
Profit Trend
QoQ- -7.54%
YoY- 6.33%
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Quarter Result
31/12/14 30/09/14 30/06/14 31/03/14 31/12/13 30/09/13 30/06/13 CAGR
Revenue 9,661,697 8,934,173 8,759,371 8,356,765 8,269,164 8,276,239 8,588,557 8.14%
PBT 2,430,986 2,225,995 2,246,814 2,207,788 2,301,599 2,352,419 2,088,850 10.61%
Tax -420,634 -578,629 -627,988 -573,289 -505,288 -558,602 -465,940 -6.57%
NP 2,010,352 1,647,366 1,618,826 1,634,499 1,796,311 1,793,817 1,622,910 15.29%
-
NP to SH 1,931,233 1,608,106 1,575,531 1,601,585 1,732,100 1,746,343 1,567,734 14.87%
-
Tax Rate 17.30% 25.99% 27.95% 25.97% 21.95% 23.75% 22.31% -
Total Cost 7,651,345 7,286,807 7,140,545 6,722,266 6,472,853 6,482,422 6,965,647 6.44%
-
Net Worth 52,907,406 49,877,749 48,386,932 48,182,123 45,915,689 44,545,246 44,051,346 12.95%
Dividend
31/12/14 30/09/14 30/06/14 31/03/14 31/12/13 30/09/13 30/06/13 CAGR
Div 3,071,358 - 2,164,438 - 2,742,344 - 1,934,943 35.95%
Div Payout % 159.04% - 137.38% - 158.32% - 123.42% -
Equity
31/12/14 30/09/14 30/06/14 31/03/14 31/12/13 30/09/13 30/06/13 CAGR
Net Worth 52,907,406 49,877,749 48,386,932 48,182,123 45,915,689 44,545,246 44,051,346 12.95%
NOSH 9,307,146 9,126,594 9,018,494 8,853,427 8,846,271 8,709,940 8,599,747 5.39%
Ratio Analysis
31/12/14 30/09/14 30/06/14 31/03/14 31/12/13 30/09/13 30/06/13 CAGR
NP Margin 20.81% 18.44% 18.48% 19.56% 21.72% 21.67% 18.90% -
ROE 3.65% 3.22% 3.26% 3.32% 3.77% 3.92% 3.56% -
Per Share
31/12/14 30/09/14 30/06/14 31/03/14 31/12/13 30/09/13 30/06/13 CAGR
RPS 103.81 97.89 97.13 94.39 93.48 95.02 99.87 2.60%
EPS 20.75 17.62 17.47 18.09 19.58 20.05 18.23 8.98%
DPS 33.00 0.00 24.00 0.00 31.00 0.00 22.50 28.99%
NAPS 5.6846 5.4651 5.3653 5.4422 5.1904 5.1143 5.1224 7.16%
Adjusted Per Share Value based on latest NOSH - 8,853,427
31/12/14 30/09/14 30/06/14 31/03/14 31/12/13 30/09/13 30/06/13 CAGR
RPS 80.07 74.04 72.59 69.25 68.53 68.59 71.17 8.14%
EPS 16.00 13.33 13.06 13.27 14.35 14.47 12.99 14.86%
DPS 25.45 0.00 17.94 0.00 22.73 0.00 16.04 35.92%
NAPS 4.3845 4.1334 4.0099 3.9929 3.8051 3.6915 3.6506 12.95%
Price Multiplier on Financial Quarter End Date
31/12/14 30/09/14 30/06/14 31/03/14 31/12/13 30/09/13 30/06/13 CAGR
Date 31/12/14 30/09/14 30/06/14 31/03/14 31/12/13 30/09/13 28/06/13 -
Price 9.17 9.96 9.83 9.68 9.94 9.84 10.40 -
P/RPS 8.83 10.17 10.12 10.26 10.63 10.36 10.41 -10.36%
P/EPS 44.19 56.53 56.27 53.51 50.77 49.08 57.05 -15.61%
EY 2.26 1.77 1.78 1.87 1.97 2.04 1.75 18.53%
DY 3.60 0.00 2.44 0.00 3.12 0.00 2.16 40.44%
P/NAPS 1.61 1.82 1.83 1.78 1.92 1.92 2.03 -14.28%
Price Multiplier on Announcement Date
31/12/14 30/09/14 30/06/14 31/03/14 31/12/13 30/09/13 30/06/13 CAGR
Date 26/02/15 26/11/14 28/08/14 29/05/14 27/02/14 21/11/13 21/08/13 -
Price 9.16 9.67 10.10 9.98 9.70 9.55 10.00 -
P/RPS 8.82 9.88 10.40 10.57 10.38 10.05 10.01 -8.07%
P/EPS 44.14 54.88 57.81 55.17 49.54 47.63 54.85 -13.44%
EY 2.27 1.82 1.73 1.81 2.02 2.10 1.82 15.82%
DY 3.60 0.00 2.38 0.00 3.20 0.00 2.25 36.68%
P/NAPS 1.61 1.77 1.88 1.83 1.87 1.87 1.95 -11.96%

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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