[MAYBANK] QoQ TTM Result on 30-Sep-2006 [#1]

Announcement Date
14-Nov-2006
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2007
Quarter
30-Sep-2006 [#1]
Profit Trend
QoQ- -3.74%
YoY- 2.38%
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TTM Result
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Revenue 15,179,312 13,963,819 13,326,767 13,161,985 12,784,907 13,446,749 12,606,835 13.21%
PBT 4,363,698 4,227,776 4,146,104 3,932,296 4,008,341 3,621,259 3,586,636 14.00%
Tax -1,110,827 -1,184,081 -1,202,984 -1,176,649 -1,159,157 -1,055,345 -1,003,937 6.99%
NP 3,252,871 3,043,695 2,943,120 2,755,647 2,849,184 2,565,914 2,582,699 16.67%
-
NP to SH 3,178,372 2,966,190 2,840,949 2,682,754 2,787,018 2,513,689 2,560,988 15.53%
-
Tax Rate 25.46% 28.01% 29.01% 29.92% 28.92% 29.14% 27.99% -
Total Cost 11,926,441 10,920,124 10,383,647 10,406,338 9,935,723 10,880,835 10,024,136 12.31%
-
Net Worth 15,552,791 15,479,343 17,871,472 17,738,551 16,756,965 16,891,439 16,696,162 -4.63%
Dividend
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Div 3,089,047 3,431,242 3,431,242 1,897,473 3,760,554 4,087,767 4,087,767 -17.07%
Div Payout % 97.19% 115.68% 120.78% 70.73% 134.93% 162.62% 159.62% -
Equity
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Net Worth 15,552,791 15,479,343 17,871,472 17,738,551 16,756,965 16,891,439 16,696,162 -4.63%
NOSH 3,888,197 3,869,835 3,834,421 3,801,742 3,794,946 3,787,318 3,751,946 2.41%
Ratio Analysis
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
NP Margin 21.43% 21.80% 22.08% 20.94% 22.29% 19.08% 20.49% -
ROE 20.44% 19.16% 15.90% 15.12% 16.63% 14.88% 15.34% -
Per Share
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
RPS 390.39 360.84 347.56 346.21 336.89 355.05 336.01 10.54%
EPS 81.74 76.65 74.09 70.57 73.44 66.37 68.26 12.80%
DPS 79.45 90.00 90.00 50.00 100.00 107.93 110.00 -19.54%
NAPS 4.00 4.00 4.6608 4.6659 4.4156 4.46 4.45 -6.87%
Adjusted Per Share Value based on latest NOSH - 3,801,742
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
RPS 125.79 115.72 110.44 109.07 105.95 111.43 104.47 13.21%
EPS 26.34 24.58 23.54 22.23 23.10 20.83 21.22 15.54%
DPS 25.60 28.44 28.44 15.72 31.16 33.88 33.88 -17.08%
NAPS 1.2889 1.2828 1.481 1.47 1.3887 1.3998 1.3836 -4.62%
Price Multiplier on Financial Quarter End Date
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Date 29/06/07 30/03/07 29/12/06 29/09/06 30/06/06 31/03/06 30/12/05 -
Price 12.00 12.80 11.80 11.20 10.70 11.00 11.10 -
P/RPS 3.07 3.55 3.40 3.24 3.18 3.10 3.30 -4.71%
P/EPS 14.68 16.70 15.93 15.87 14.57 16.57 16.26 -6.60%
EY 6.81 5.99 6.28 6.30 6.86 6.03 6.15 7.05%
DY 6.62 7.03 7.63 4.46 9.35 9.81 9.91 -23.63%
P/NAPS 3.00 3.20 2.53 2.40 2.42 2.47 2.49 13.26%
Price Multiplier on Announcement Date
30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 31/03/06 31/12/05 CAGR
Date 29/08/07 11/05/07 21/02/07 14/11/06 24/08/06 15/05/06 15/02/06 -
Price 11.60 12.40 13.20 11.50 10.80 11.30 11.00 -
P/RPS 2.97 3.44 3.80 3.32 3.21 3.18 3.27 -6.23%
P/EPS 14.19 16.18 17.82 16.30 14.71 17.03 16.12 -8.17%
EY 7.05 6.18 5.61 6.14 6.80 5.87 6.21 8.85%
DY 6.85 7.26 6.82 4.35 9.26 9.55 10.00 -22.34%
P/NAPS 2.90 3.10 2.83 2.46 2.45 2.53 2.47 11.32%

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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