[MAYBANK] QoQ Quarter Result on 31-Mar-2015 [#1]

Announcement Date
28-May-2015
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2015
Quarter
31-Mar-2015 [#1]
Profit Trend
QoQ- -11.95%
YoY- 6.17%
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Quarter Result
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Revenue 11,052,259 11,383,779 8,935,975 9,184,358 9,661,697 8,934,173 8,759,371 16.71%
PBT 2,376,103 2,382,949 2,150,483 2,242,013 2,430,986 2,225,995 2,246,814 3.78%
Tax -648,772 -457,262 -529,122 -530,004 -420,634 -578,629 -627,988 2.18%
NP 1,727,331 1,925,687 1,621,361 1,712,009 2,010,352 1,647,366 1,618,826 4.40%
-
NP to SH 1,652,082 1,898,938 1,584,534 1,700,385 1,931,233 1,608,106 1,575,531 3.20%
-
Tax Rate 27.30% 19.19% 24.60% 23.64% 17.30% 25.99% 27.95% -
Total Cost 9,324,928 9,458,092 7,314,614 7,472,349 7,651,345 7,286,807 7,140,545 19.41%
-
Net Worth 61,131,868 59,603,594 56,024,052 55,545,910 52,907,406 49,877,749 48,386,932 16.81%
Dividend
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Div 2,901,783 - 2,269,022 - 3,071,358 - 2,164,438 21.52%
Div Payout % 175.64% - 143.20% - 159.04% - 137.38% -
Equity
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Net Worth 61,131,868 59,603,594 56,024,052 55,545,910 52,907,406 49,877,749 48,386,932 16.81%
NOSH 9,672,611 9,528,037 9,454,260 9,306,978 9,307,146 9,126,594 9,018,494 4.76%
Ratio Analysis
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
NP Margin 15.63% 16.92% 18.14% 18.64% 20.81% 18.44% 18.48% -
ROE 2.70% 3.19% 2.83% 3.06% 3.65% 3.22% 3.26% -
Per Share
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
RPS 114.26 119.48 94.52 98.68 103.81 97.89 97.13 11.40%
EPS 17.08 19.93 16.76 18.27 20.75 17.62 17.47 -1.48%
DPS 30.00 0.00 24.00 0.00 33.00 0.00 24.00 15.99%
NAPS 6.3201 6.2556 5.9258 5.9682 5.6846 5.4651 5.3653 11.50%
Adjusted Per Share Value based on latest NOSH - 9,306,978
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
RPS 91.59 94.34 74.05 76.11 80.07 74.04 72.59 16.71%
EPS 13.69 15.74 13.13 14.09 16.00 13.33 13.06 3.18%
DPS 24.05 0.00 18.80 0.00 25.45 0.00 17.94 21.51%
NAPS 5.0661 4.9394 4.6428 4.6031 4.3845 4.1334 4.0099 16.81%
Price Multiplier on Financial Quarter End Date
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Date 31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 -
Price 8.40 8.56 9.14 9.33 9.17 9.96 9.83 -
P/RPS 7.35 7.16 9.67 9.45 8.83 10.17 10.12 -19.15%
P/EPS 49.18 42.95 54.53 51.07 44.19 56.53 56.27 -8.56%
EY 2.03 2.33 1.83 1.96 2.26 1.77 1.78 9.13%
DY 3.57 0.00 2.63 0.00 3.60 0.00 2.44 28.79%
P/NAPS 1.33 1.37 1.54 1.56 1.61 1.82 1.83 -19.11%
Price Multiplier on Announcement Date
31/12/15 30/09/15 30/06/15 31/03/15 31/12/14 30/09/14 30/06/14 CAGR
Date 25/02/16 26/11/15 27/08/15 28/05/15 26/02/15 26/11/14 28/08/14 -
Price 8.64 8.48 8.65 9.11 9.16 9.67 10.10 -
P/RPS 7.56 7.10 9.15 9.23 8.82 9.88 10.40 -19.10%
P/EPS 50.59 42.55 51.61 49.86 44.14 54.88 57.81 -8.48%
EY 1.98 2.35 1.94 2.01 2.27 1.82 1.73 9.38%
DY 3.47 0.00 2.77 0.00 3.60 0.00 2.38 28.49%
P/NAPS 1.37 1.36 1.46 1.53 1.61 1.77 1.88 -18.97%

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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