[MAYBANK] QoQ TTM Result on 31-Mar-2010 [#3]

Announcement Date
13-May-2010
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2010
Quarter
31-Mar-2010 [#3]
Profit Trend
QoQ- 41.82%
YoY- -28.87%
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TTM Result
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Revenue 19,514,330 18,997,029 18,560,232 18,681,786 18,360,453 18,419,000 15,404,122 17.02%
PBT 5,780,604 5,618,538 5,370,408 3,189,646 2,388,401 1,948,732 1,674,291 127.91%
Tax -1,562,013 -1,503,201 -1,401,958 -1,259,836 -1,012,979 -862,022 -923,578 41.81%
NP 4,218,591 4,115,337 3,968,450 1,929,810 1,375,422 1,086,710 750,713 215.08%
-
NP to SH 4,096,224 3,964,478 3,818,167 1,787,553 1,260,446 1,001,504 691,874 226.21%
-
Tax Rate 27.02% 26.75% 26.11% 39.50% 42.41% 44.24% 55.16% -
Total Cost 15,295,739 14,881,692 14,591,782 16,751,976 16,985,031 17,332,290 14,653,409 2.89%
-
Net Worth 28,277,939 28,308,160 27,881,071 26,919,593 26,893,901 25,955,863 22,324,089 17.02%
Dividend
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Div 5,118,987 3,893,113 3,893,113 1,286,053 1,286,053 507,668 507,668 364.77%
Div Payout % 124.97% 98.20% 101.96% 71.94% 102.03% 50.69% 73.38% -
Equity
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Net Worth 28,277,939 28,308,160 27,881,071 26,919,593 26,893,901 25,955,863 22,324,089 17.02%
NOSH 7,158,066 7,075,801 7,078,929 7,076,840 7,076,225 7,077,070 6,345,856 8.33%
Ratio Analysis
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
NP Margin 21.62% 21.66% 21.38% 10.33% 7.49% 5.90% 4.87% -
ROE 14.49% 14.00% 13.69% 6.64% 4.69% 3.86% 3.10% -
Per Share
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 272.62 268.48 262.19 263.98 259.47 260.26 242.74 8.02%
EPS 57.23 56.03 53.94 25.26 17.81 14.15 10.90 201.17%
DPS 72.00 55.00 55.00 18.17 18.17 7.17 8.00 330.94%
NAPS 3.9505 4.0007 3.9386 3.8039 3.8006 3.6676 3.5179 8.01%
Adjusted Per Share Value based on latest NOSH - 7,076,840
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
RPS 161.72 157.43 153.81 154.82 152.15 152.64 127.66 17.02%
EPS 33.95 32.85 31.64 14.81 10.45 8.30 5.73 226.37%
DPS 42.42 32.26 32.26 10.66 10.66 4.21 4.21 364.54%
NAPS 2.3434 2.3459 2.3105 2.2309 2.2287 2.151 1.85 17.02%
Price Multiplier on Financial Quarter End Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 30/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 -
Price 8.50 8.80 7.56 7.47 6.86 6.65 5.90 -
P/RPS 3.12 3.28 2.88 2.83 2.64 2.56 2.43 18.07%
P/EPS 14.85 15.71 14.02 29.57 38.51 46.99 54.11 -57.66%
EY 6.73 6.37 7.13 3.38 2.60 2.13 1.85 135.97%
DY 8.47 6.25 7.28 2.43 2.65 1.08 1.36 237.37%
P/NAPS 2.15 2.20 1.92 1.96 1.80 1.81 1.68 17.82%
Price Multiplier on Announcement Date
31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 CAGR
Date 21/02/11 12/11/10 20/08/10 13/05/10 09/02/10 12/11/09 25/08/09 -
Price 8.86 9.20 8.13 7.72 6.72 6.84 6.52 -
P/RPS 3.25 3.43 3.10 2.92 2.59 2.63 2.69 13.39%
P/EPS 15.48 16.42 15.07 30.56 37.73 48.33 59.80 -59.28%
EY 6.46 6.09 6.63 3.27 2.65 2.07 1.67 145.81%
DY 8.13 5.98 6.77 2.35 2.70 1.05 1.23 250.99%
P/NAPS 2.24 2.30 2.06 2.03 1.77 1.86 1.85 13.56%

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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