[MHC] QoQ TTM Result on 31-Dec-2010 [#4]

Announcement Date
25-Feb-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2010
Quarter
31-Dec-2010 [#4]
Profit Trend
QoQ- -19.42%
YoY- 19.89%
Quarter Report
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TTM Result
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Revenue 34,406 33,634 31,205 27,337 25,202 23,570 24,042 26.96%
PBT 35,947 40,064 33,814 28,324 33,720 23,313 24,141 30.36%
Tax -4,992 -5,017 -4,634 -3,604 -3,066 -2,578 -2,497 58.63%
NP 30,955 35,047 29,180 24,720 30,654 20,735 21,644 26.91%
-
NP to SH 30,831 34,925 29,072 24,631 30,567 20,650 21,553 26.92%
-
Tax Rate 13.89% 12.52% 13.70% 12.72% 9.09% 11.06% 10.34% -
Total Cost 3,451 -1,413 2,025 2,617 -5,452 2,835 2,398 27.43%
-
Net Worth 268,283 259,836 253,598 246,072 240,048 168,449 226,569 11.91%
Dividend
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Div 4,705 4,705 2,526 2,526 2,526 2,526 2,527 51.28%
Div Payout % 15.26% 13.47% 8.69% 10.26% 8.27% 12.24% 11.73% -
Equity
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Net Worth 268,283 259,836 253,598 246,072 240,048 168,449 226,569 11.91%
NOSH 140,462 140,452 84,251 84,271 84,227 84,224 84,226 40.58%
Ratio Analysis
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
NP Margin 89.97% 104.20% 93.51% 90.43% 121.63% 87.97% 90.03% -
ROE 11.49% 13.44% 11.46% 10.01% 12.73% 12.26% 9.51% -
Per Share
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 24.49 23.95 37.04 32.44 29.92 27.98 28.54 -9.69%
EPS 21.95 24.87 34.51 29.23 36.29 24.52 25.59 -9.71%
DPS 3.35 3.35 3.00 3.00 3.00 3.00 3.00 7.62%
NAPS 1.91 1.85 3.01 2.92 2.85 2.00 2.69 -20.39%
Adjusted Per Share Value based on latest NOSH - 84,271
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
RPS 17.51 17.11 15.88 13.91 12.82 11.99 12.23 27.00%
EPS 15.69 17.77 14.79 12.53 15.55 10.51 10.97 26.91%
DPS 2.39 2.39 1.29 1.29 1.29 1.29 1.29 50.79%
NAPS 1.365 1.322 1.2903 1.252 1.2213 0.8571 1.1528 11.91%
Price Multiplier on Financial Quarter End Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 31/03/10 -
Price 0.75 0.95 0.73 0.84 0.58 0.52 0.54 -
P/RPS 3.06 3.97 1.97 2.59 1.94 1.86 1.89 37.84%
P/EPS 3.42 3.82 2.12 2.87 1.60 2.12 2.11 37.94%
EY 29.27 26.17 47.27 34.80 62.57 47.15 47.39 -27.45%
DY 4.47 3.53 4.11 3.57 5.17 5.77 5.56 -13.52%
P/NAPS 0.39 0.51 0.24 0.29 0.20 0.26 0.20 56.01%
Price Multiplier on Announcement Date
30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 CAGR
Date 27/10/11 03/08/11 12/05/11 25/02/11 23/11/10 30/07/10 21/05/10 -
Price 0.89 0.89 1.02 0.73 0.67 0.55 0.52 -
P/RPS 3.63 3.72 2.75 2.25 2.24 1.97 1.82 58.38%
P/EPS 4.05 3.58 2.96 2.50 1.85 2.24 2.03 58.41%
EY 24.66 27.94 33.83 40.04 54.17 44.58 49.21 -36.88%
DY 3.76 3.76 2.94 4.11 4.48 5.45 5.77 -24.81%
P/NAPS 0.47 0.48 0.34 0.25 0.24 0.28 0.19 82.80%

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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