[MAYBANK] QoQ TTM Result on 31-Mar-2007 [#3]

Announcement Date
11-May-2007
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2007
Quarter
31-Mar-2007 [#3]
Profit Trend
QoQ- 4.41%
YoY- 18.0%
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TTM Result
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Revenue 16,103,112 15,561,305 15,179,312 13,963,819 13,326,767 13,161,985 12,784,907 16.58%
PBT 4,406,782 4,506,967 4,363,698 4,227,776 4,146,104 3,932,296 4,008,341 6.50%
Tax -1,090,187 -1,088,058 -1,110,827 -1,184,081 -1,202,984 -1,176,649 -1,159,157 -3.99%
NP 3,316,595 3,418,909 3,252,871 3,043,695 2,943,120 2,755,647 2,849,184 10.62%
-
NP to SH 3,283,800 3,345,120 3,178,372 2,966,190 2,840,949 2,682,754 2,787,018 11.52%
-
Tax Rate 24.74% 24.14% 25.46% 28.01% 29.01% 29.92% 28.92% -
Total Cost 12,786,517 12,142,396 11,926,441 10,920,124 10,383,647 10,406,338 9,935,723 18.25%
-
Net Worth 15,585,372 19,455,794 15,552,791 15,479,343 17,871,472 17,738,551 16,756,965 -4.70%
Dividend
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Div 2,820,683 3,770,000 3,089,047 3,431,242 3,431,242 1,897,473 3,760,554 -17.40%
Div Payout % 85.90% 112.70% 97.19% 115.68% 120.78% 70.73% 134.93% -
Equity
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Net Worth 15,585,372 19,455,794 15,552,791 15,479,343 17,871,472 17,738,551 16,756,965 -4.70%
NOSH 3,896,343 3,891,158 3,888,197 3,869,835 3,834,421 3,801,742 3,794,946 1.76%
Ratio Analysis
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
NP Margin 20.60% 21.97% 21.43% 21.80% 22.08% 20.94% 22.29% -
ROE 21.07% 17.19% 20.44% 19.16% 15.90% 15.12% 16.63% -
Per Share
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
RPS 413.29 399.91 390.39 360.84 347.56 346.21 336.89 14.55%
EPS 84.28 85.97 81.74 76.65 74.09 70.57 73.44 9.58%
DPS 72.50 97.50 79.45 90.00 90.00 50.00 100.00 -19.24%
NAPS 4.00 5.00 4.00 4.00 4.6608 4.6659 4.4156 -6.36%
Adjusted Per Share Value based on latest NOSH - 3,869,835
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
RPS 133.45 128.96 125.79 115.72 110.44 109.07 105.95 16.58%
EPS 27.21 27.72 26.34 24.58 23.54 22.23 23.10 11.50%
DPS 23.38 31.24 25.60 28.44 28.44 15.72 31.16 -17.38%
NAPS 1.2916 1.6123 1.2889 1.2828 1.481 1.47 1.3887 -4.70%
Price Multiplier on Financial Quarter End Date
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Date 31/12/07 28/09/07 29/06/07 30/03/07 29/12/06 29/09/06 30/06/06 -
Price 11.50 11.00 12.00 12.80 11.80 11.20 10.70 -
P/RPS 2.78 2.75 3.07 3.55 3.40 3.24 3.18 -8.54%
P/EPS 13.65 12.80 14.68 16.70 15.93 15.87 14.57 -4.24%
EY 7.33 7.82 6.81 5.99 6.28 6.30 6.86 4.50%
DY 6.30 8.86 6.62 7.03 7.63 4.46 9.35 -23.08%
P/NAPS 2.88 2.20 3.00 3.20 2.53 2.40 2.42 12.26%
Price Multiplier on Announcement Date
31/12/07 30/09/07 30/06/07 31/03/07 31/12/06 30/09/06 30/06/06 CAGR
Date 20/02/08 15/11/07 29/08/07 11/05/07 21/02/07 14/11/06 24/08/06 -
Price 9.80 11.40 11.60 12.40 13.20 11.50 10.80 -
P/RPS 2.37 2.85 2.97 3.44 3.80 3.32 3.21 -18.26%
P/EPS 11.63 13.26 14.19 16.18 17.82 16.30 14.71 -14.46%
EY 8.60 7.54 7.05 6.18 5.61 6.14 6.80 16.89%
DY 7.40 8.55 6.85 7.26 6.82 4.35 9.26 -13.84%
P/NAPS 2.45 2.28 2.90 3.10 2.83 2.46 2.45 0.00%

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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