[MFCB] QoQ TTM Result on 31-Mar-2011 [#1]

Announcement Date
20-May-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Mar-2011 [#1]
Profit Trend
QoQ- 18.92%
YoY- 15.07%
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TTM Result
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Revenue 610,508 578,046 553,133 533,963 523,323 528,314 512,206 12.38%
PBT 141,352 150,928 144,662 139,616 121,126 116,565 123,504 9.38%
Tax -28,784 -28,400 -28,055 -25,460 -21,905 -22,029 -20,194 26.57%
NP 112,568 122,528 116,607 114,156 99,221 94,536 103,310 5.87%
-
NP to SH 75,090 86,836 80,664 77,532 65,197 61,934 70,915 3.87%
-
Tax Rate 20.36% 18.82% 19.39% 18.24% 18.08% 18.90% 16.35% -
Total Cost 497,940 455,518 436,526 419,807 424,102 433,778 408,896 13.99%
-
Net Worth 454,166 539,548 539,826 524,525 458,594 495,670 472,827 -2.64%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div 20,458 19,444 19,444 17,201 17,201 16,233 16,233 16.62%
Div Payout % 27.24% 22.39% 24.11% 22.19% 26.38% 26.21% 22.89% -
Equity
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Net Worth 454,166 539,548 539,826 524,525 458,594 495,670 472,827 -2.64%
NOSH 227,083 227,657 227,774 228,054 229,297 229,477 229,527 -0.70%
Ratio Analysis
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
NP Margin 18.44% 21.20% 21.08% 21.38% 18.96% 17.89% 20.17% -
ROE 16.53% 16.09% 14.94% 14.78% 14.22% 12.49% 15.00% -
Per Share
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 268.85 253.91 242.84 234.14 228.23 230.23 223.16 13.18%
EPS 33.07 38.14 35.41 34.00 28.43 26.99 30.90 4.61%
DPS 9.00 8.50 8.50 7.50 7.50 7.00 7.00 18.18%
NAPS 2.00 2.37 2.37 2.30 2.00 2.16 2.06 -1.94%
Adjusted Per Share Value based on latest NOSH - 228,054
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 61.77 58.49 55.97 54.03 52.95 53.45 51.82 12.38%
EPS 7.60 8.79 8.16 7.84 6.60 6.27 7.18 3.85%
DPS 2.07 1.97 1.97 1.74 1.74 1.64 1.64 16.74%
NAPS 0.4595 0.5459 0.5462 0.5307 0.464 0.5015 0.4784 -2.64%
Price Multiplier on Financial Quarter End Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 -
Price 1.69 1.45 1.69 1.72 1.77 1.84 1.65 -
P/RPS 0.63 0.57 0.70 0.73 0.78 0.80 0.74 -10.14%
P/EPS 5.11 3.80 4.77 5.06 6.23 6.82 5.34 -2.88%
EY 19.57 26.31 20.95 19.77 16.06 14.67 18.72 2.99%
DY 5.33 5.86 5.03 4.36 4.24 3.80 4.24 16.42%
P/NAPS 0.85 0.61 0.71 0.75 0.89 0.85 0.80 4.11%
Price Multiplier on Announcement Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 27/02/12 24/11/11 25/08/11 20/05/11 24/02/11 25/11/10 24/08/10 -
Price 1.73 1.53 1.55 1.74 1.70 1.87 1.70 -
P/RPS 0.64 0.60 0.64 0.74 0.74 0.81 0.76 -10.79%
P/EPS 5.23 4.01 4.38 5.12 5.98 6.93 5.50 -3.29%
EY 19.11 24.93 22.85 19.54 16.73 14.43 18.17 3.41%
DY 5.20 5.56 5.48 4.31 4.41 3.74 4.12 16.74%
P/NAPS 0.87 0.65 0.65 0.76 0.85 0.87 0.83 3.17%

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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