[MAYBANK] QoQ TTM Result on 31-Dec-2009 [#2]

Announcement Date
09-Feb-2010
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2010
Quarter
31-Dec-2009 [#2]
Profit Trend
QoQ- 25.86%
YoY- -54.47%
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TTM Result
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Revenue 18,997,029 18,560,232 18,681,786 18,360,453 18,419,000 15,404,122 15,037,794 16.84%
PBT 5,618,538 5,370,408 3,189,646 2,388,401 1,948,732 1,674,291 3,514,694 36.67%
Tax -1,503,201 -1,401,958 -1,259,836 -1,012,979 -862,022 -923,578 -943,629 36.36%
NP 4,115,337 3,968,450 1,929,810 1,375,422 1,086,710 750,713 2,571,065 36.79%
-
NP to SH 3,964,478 3,818,167 1,787,553 1,260,446 1,001,504 691,874 2,513,227 35.47%
-
Tax Rate 26.75% 26.11% 39.50% 42.41% 44.24% 55.16% 26.85% -
Total Cost 14,881,692 14,591,782 16,751,976 16,985,031 17,332,290 14,653,409 12,466,729 12.51%
-
Net Worth 28,308,160 27,881,071 26,919,593 26,893,901 25,955,863 22,324,089 19,525,973 28.06%
Dividend
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Div 3,893,113 3,893,113 1,286,053 1,286,053 507,668 507,668 976,006 151.30%
Div Payout % 98.20% 101.96% 71.94% 102.03% 50.69% 73.38% 38.83% -
Equity
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Net Worth 28,308,160 27,881,071 26,919,593 26,893,901 25,955,863 22,324,089 19,525,973 28.06%
NOSH 7,075,801 7,078,929 7,076,840 7,076,225 7,077,070 6,345,856 4,881,493 28.05%
Ratio Analysis
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
NP Margin 21.66% 21.38% 10.33% 7.49% 5.90% 4.87% 17.10% -
ROE 14.00% 13.69% 6.64% 4.69% 3.86% 3.10% 12.87% -
Per Share
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
RPS 268.48 262.19 263.98 259.47 260.26 242.74 308.06 -8.75%
EPS 56.03 53.94 25.26 17.81 14.15 10.90 51.48 5.80%
DPS 55.00 55.00 18.17 18.17 7.17 8.00 20.00 96.16%
NAPS 4.0007 3.9386 3.8039 3.8006 3.6676 3.5179 4.00 0.01%
Adjusted Per Share Value based on latest NOSH - 7,076,225
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
RPS 157.43 153.81 154.82 152.15 152.64 127.66 124.62 16.84%
EPS 32.85 31.64 14.81 10.45 8.30 5.73 20.83 35.44%
DPS 32.26 32.26 10.66 10.66 4.21 4.21 8.09 151.25%
NAPS 2.3459 2.3105 2.2309 2.2287 2.151 1.85 1.6181 28.06%
Price Multiplier on Financial Quarter End Date
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Date 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 -
Price 8.80 7.56 7.47 6.86 6.65 5.90 3.86 -
P/RPS 3.28 2.88 2.83 2.64 2.56 2.43 1.25 90.13%
P/EPS 15.71 14.02 29.57 38.51 46.99 54.11 7.50 63.63%
EY 6.37 7.13 3.38 2.60 2.13 1.85 13.34 -38.87%
DY 6.25 7.28 2.43 2.65 1.08 1.36 5.18 13.32%
P/NAPS 2.20 1.92 1.96 1.80 1.81 1.68 0.97 72.53%
Price Multiplier on Announcement Date
30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 CAGR
Date 12/11/10 20/08/10 13/05/10 09/02/10 12/11/09 25/08/09 21/05/09 -
Price 9.20 8.13 7.72 6.72 6.84 6.52 5.20 -
P/RPS 3.43 3.10 2.92 2.59 2.63 2.69 1.69 60.23%
P/EPS 16.42 15.07 30.56 37.73 48.33 59.80 10.10 38.22%
EY 6.09 6.63 3.27 2.65 2.07 1.67 9.90 -27.64%
DY 5.98 6.77 2.35 2.70 1.05 1.23 3.85 34.08%
P/NAPS 2.30 2.06 2.03 1.77 1.86 1.85 1.30 46.23%

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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