[MAYBANK] QoQ TTM Result on 31-Mar-2009 [#3]

Announcement Date
21-May-2009
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2009
Quarter
31-Mar-2009 [#3]
Profit Trend
QoQ- -9.22%
YoY- -23.33%
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TTM Result
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Revenue 18,360,453 18,419,000 15,404,122 15,037,794 14,510,200 13,782,085 16,153,942 8.88%
PBT 2,388,401 1,948,732 1,674,291 3,514,694 3,880,798 3,953,742 4,086,070 -30.02%
Tax -1,012,979 -862,022 -923,578 -943,629 -1,051,176 -1,132,607 -1,083,730 -4.38%
NP 1,375,422 1,086,710 750,713 2,571,065 2,829,622 2,821,135 3,002,340 -40.48%
-
NP to SH 1,260,446 1,001,504 691,874 2,513,227 2,768,552 2,764,946 2,928,202 -42.90%
-
Tax Rate 42.41% 44.24% 55.16% 26.85% 27.09% 28.65% 26.52% -
Total Cost 16,985,031 17,332,290 14,653,409 12,466,729 11,680,578 10,960,950 13,151,602 18.53%
-
Net Worth 26,893,901 25,955,863 22,324,089 19,525,973 19,523,189 19,941,107 19,298,097 24.68%
Dividend
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Div 1,286,053 507,668 507,668 976,006 976,006 1,560,458 2,241,411 -30.88%
Div Payout % 102.03% 50.69% 73.38% 38.83% 35.25% 56.44% 76.55% -
Equity
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Net Worth 26,893,901 25,955,863 22,324,089 19,525,973 19,523,189 19,941,107 19,298,097 24.68%
NOSH 7,076,225 7,077,070 6,345,856 4,881,493 4,880,797 4,882,022 4,880,034 28.02%
Ratio Analysis
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
NP Margin 7.49% 5.90% 4.87% 17.10% 19.50% 20.47% 18.59% -
ROE 4.69% 3.86% 3.10% 12.87% 14.18% 13.87% 15.17% -
Per Share
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 259.47 260.26 242.74 308.06 297.29 282.30 331.02 -14.94%
EPS 17.81 14.15 10.90 51.48 56.72 56.64 60.00 -55.40%
DPS 18.17 7.17 8.00 20.00 20.00 31.96 45.93 -46.01%
NAPS 3.8006 3.6676 3.5179 4.00 4.00 4.0846 3.9545 -2.60%
Adjusted Per Share Value based on latest NOSH - 4,881,493
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 152.15 152.64 127.66 124.62 120.25 114.21 133.87 8.88%
EPS 10.45 8.30 5.73 20.83 22.94 22.91 24.27 -42.89%
DPS 10.66 4.21 4.21 8.09 8.09 12.93 18.57 -30.85%
NAPS 2.2287 2.151 1.85 1.6181 1.6179 1.6525 1.5993 24.68%
Price Multiplier on Financial Quarter End Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 -
Price 6.86 6.65 5.90 3.86 5.10 6.90 7.05 -
P/RPS 2.64 2.56 2.43 1.25 1.72 2.44 2.13 15.33%
P/EPS 38.51 46.99 54.11 7.50 8.99 12.18 11.75 120.16%
EY 2.60 2.13 1.85 13.34 11.12 8.21 8.51 -54.53%
DY 2.65 1.08 1.36 5.18 3.92 4.63 6.51 -44.98%
P/NAPS 1.80 1.81 1.68 0.97 1.28 1.69 1.78 0.74%
Price Multiplier on Announcement Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 09/02/10 12/11/09 25/08/09 21/05/09 27/02/09 11/11/08 27/08/08 -
Price 6.72 6.84 6.52 5.20 5.10 5.50 7.30 -
P/RPS 2.59 2.63 2.69 1.69 1.72 1.95 2.21 11.12%
P/EPS 37.73 48.33 59.80 10.10 8.99 9.71 12.17 112.17%
EY 2.65 2.07 1.67 9.90 11.12 10.30 8.22 -52.88%
DY 2.70 1.05 1.23 3.85 3.92 5.81 6.29 -43.00%
P/NAPS 1.77 1.86 1.85 1.30 1.28 1.35 1.85 -2.89%

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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