[MAYBANK] QoQ TTM Result on 31-Mar-2019 [#1]

Announcement Date
30-May-2019
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2019
Quarter
31-Mar-2019 [#1]
Profit Trend
QoQ- -0.76%
YoY- 4.72%
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TTM Result
31/12/19 30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 CAGR
Revenue 52,844,964 52,097,835 50,325,950 48,780,993 47,319,853 46,871,578 46,404,324 9.02%
PBT 11,013,880 10,845,871 10,837,124 10,795,109 10,901,346 10,731,899 10,770,776 1.49%
Tax -2,538,231 -2,487,286 -2,512,708 -2,463,844 -2,545,410 -2,575,679 -2,548,815 -0.27%
NP 8,475,649 8,358,585 8,324,416 8,331,265 8,355,936 8,156,220 8,221,961 2.04%
-
NP to SH 8,198,074 8,075,299 8,033,346 8,051,488 8,113,260 7,919,004 7,989,354 1.72%
-
Tax Rate 23.05% 22.93% 23.19% 22.82% 23.35% 24.00% 23.66% -
Total Cost 44,369,315 43,739,250 42,001,534 40,449,728 38,963,917 38,715,358 38,182,363 10.49%
-
Net Worth 81,570,693 79,301,062 78,532,974 78,200,815 75,330,108 72,734,615 71,853,940 8.79%
Dividend
31/12/19 30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 CAGR
Div 7,162,525 6,314,292 6,314,292 6,265,953 6,265,953 6,153,686 6,153,686 10.62%
Div Payout % 87.37% 78.19% 78.60% 77.82% 77.23% 77.71% 77.02% -
Equity
31/12/19 30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 CAGR
Net Worth 81,570,693 79,301,062 78,532,974 78,200,815 75,330,108 72,734,615 71,853,940 8.79%
NOSH 11,241,361 11,241,361 11,241,361 11,049,682 11,049,682 10,945,196 10,945,196 1.79%
Ratio Analysis
31/12/19 30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 CAGR
NP Margin 16.04% 16.04% 16.54% 17.08% 17.66% 17.40% 17.72% -
ROE 10.05% 10.18% 10.23% 10.30% 10.77% 10.89% 11.12% -
Per Share
31/12/19 30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 CAGR
RPS 470.09 463.45 452.83 441.47 428.25 429.05 424.94 6.94%
EPS 72.93 71.84 72.28 72.87 73.43 72.49 73.16 -0.20%
DPS 64.00 57.00 57.00 57.00 57.00 56.33 56.35 8.83%
NAPS 7.2563 7.0544 7.0664 7.0772 6.8174 6.658 6.5799 6.72%
Adjusted Per Share Value based on latest NOSH - 11,049,682
31/12/19 30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 CAGR
RPS 437.93 431.74 417.06 404.25 392.14 388.43 384.56 9.02%
EPS 67.94 66.92 66.57 66.72 67.24 65.63 66.21 1.72%
DPS 59.36 52.33 52.33 51.93 51.93 51.00 51.00 10.61%
NAPS 6.7598 6.5718 6.5081 6.4806 6.2427 6.0276 5.9546 8.79%
Price Multiplier on Financial Quarter End Date
31/12/19 30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 CAGR
Date 31/12/19 30/09/19 28/06/19 29/03/19 31/12/18 28/09/18 29/06/18 -
Price 8.64 8.51 8.88 9.27 9.50 9.79 9.00 -
P/RPS 1.84 1.84 1.96 2.10 2.22 2.28 2.12 -8.98%
P/EPS 11.85 11.85 12.28 12.72 12.94 13.51 12.30 -2.44%
EY 8.44 8.44 8.14 7.86 7.73 7.40 8.13 2.51%
DY 7.41 6.70 6.42 6.15 6.00 5.75 6.26 11.86%
P/NAPS 1.19 1.21 1.26 1.31 1.39 1.47 1.37 -8.93%
Price Multiplier on Announcement Date
31/12/19 30/09/19 30/06/19 31/03/19 31/12/18 30/09/18 30/06/18 CAGR
Date 27/02/20 28/11/19 29/08/19 30/05/19 26/02/19 29/11/18 30/08/18 -
Price 8.52 8.52 8.57 9.01 9.55 9.45 9.96 -
P/RPS 1.81 1.84 1.89 2.04 2.23 2.20 2.34 -15.69%
P/EPS 11.68 11.86 11.86 12.37 13.01 13.04 13.61 -9.66%
EY 8.56 8.43 8.43 8.09 7.69 7.67 7.35 10.66%
DY 7.51 6.69 6.65 6.33 5.97 5.96 5.66 20.68%
P/NAPS 1.17 1.21 1.21 1.27 1.40 1.42 1.51 -15.60%

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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