[MAYBANK] QoQ Quarter Result on 31-Mar-2016 [#1]

Announcement Date
27-May-2016
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2016
Quarter
31-Mar-2016 [#1]
Profit Trend
QoQ- -13.64%
YoY- -16.09%
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Quarter Result
31/12/16 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 CAGR
Revenue 11,245,611 11,288,472 10,941,416 11,182,403 11,052,259 11,383,779 8,935,975 16.48%
PBT 2,873,005 2,456,111 1,583,989 1,931,345 2,376,103 2,382,949 2,150,483 21.19%
Tax -422,932 -592,495 -384,687 -480,444 -648,772 -457,262 -529,122 -13.81%
NP 2,450,073 1,863,616 1,199,302 1,450,901 1,727,331 1,925,687 1,621,361 31.51%
-
NP to SH 2,360,598 1,795,702 1,159,941 1,426,751 1,652,082 1,898,938 1,584,534 30.28%
-
Tax Rate 14.72% 24.12% 24.29% 24.88% 27.30% 19.19% 24.60% -
Total Cost 8,795,538 9,424,856 9,742,114 9,731,502 9,324,928 9,458,092 7,314,614 13.01%
-
Net Worth 68,422,732 65,606,580 62,312,149 61,977,906 61,131,868 59,603,594 56,024,052 14.18%
Dividend
31/12/16 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 CAGR
Div 3,257,401 - 1,967,669 - 2,901,783 - 2,269,022 27.11%
Div Payout % 137.99% - 169.64% - 175.64% - 143.20% -
Equity
31/12/16 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 CAGR
Net Worth 68,422,732 65,606,580 62,312,149 61,977,906 61,131,868 59,603,594 56,024,052 14.18%
NOSH 10,179,378 9,992,777 9,838,346 9,745,566 9,672,611 9,528,037 9,454,260 5.02%
Ratio Analysis
31/12/16 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 CAGR
NP Margin 21.79% 16.51% 10.96% 12.97% 15.63% 16.92% 18.14% -
ROE 3.45% 2.74% 1.86% 2.30% 2.70% 3.19% 2.83% -
Per Share
31/12/16 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 CAGR
RPS 110.47 112.97 111.21 114.74 114.26 119.48 94.52 10.90%
EPS 23.19 17.97 11.79 14.64 17.08 19.93 16.76 24.04%
DPS 32.00 0.00 20.00 0.00 30.00 0.00 24.00 21.03%
NAPS 6.7217 6.5654 6.3336 6.3596 6.3201 6.2556 5.9258 8.72%
Adjusted Per Share Value based on latest NOSH - 9,745,566
31/12/16 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 CAGR
RPS 93.21 93.57 90.69 92.69 91.61 94.36 74.07 16.47%
EPS 19.57 14.88 9.61 11.83 13.69 15.74 13.13 30.32%
DPS 27.00 0.00 16.31 0.00 24.05 0.00 18.81 27.10%
NAPS 5.6715 5.4381 5.165 5.1373 5.0672 4.9405 4.6438 14.18%
Price Multiplier on Financial Quarter End Date
31/12/16 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 CAGR
Date 30/12/16 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 -
Price 8.20 7.50 8.14 9.02 8.40 8.56 9.14 -
P/RPS 7.42 6.64 7.32 7.86 7.35 7.16 9.67 -16.11%
P/EPS 35.36 41.74 69.04 61.61 49.18 42.95 54.53 -24.98%
EY 2.83 2.40 1.45 1.62 2.03 2.33 1.83 33.55%
DY 3.90 0.00 2.46 0.00 3.57 0.00 2.63 29.88%
P/NAPS 1.22 1.14 1.29 1.42 1.33 1.37 1.54 -14.32%
Price Multiplier on Announcement Date
31/12/16 30/09/16 30/06/16 31/03/16 31/12/15 30/09/15 30/06/15 CAGR
Date 23/02/17 24/11/16 25/08/16 27/05/16 25/02/16 26/11/15 27/08/15 -
Price 8.38 7.70 7.90 8.27 8.64 8.48 8.65 -
P/RPS 7.59 6.82 7.10 7.21 7.56 7.10 9.15 -11.66%
P/EPS 36.14 42.85 67.01 56.49 50.59 42.55 51.61 -21.05%
EY 2.77 2.33 1.49 1.77 1.98 2.35 1.94 26.66%
DY 3.82 0.00 2.53 0.00 3.47 0.00 2.77 23.77%
P/NAPS 1.25 1.17 1.25 1.30 1.37 1.36 1.46 -9.79%

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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