[MHC] QoQ TTM Result on 31-Dec-2011 [#4]

Announcement Date
28-Feb-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Dec-2011 [#4]
Profit Trend
QoQ- 2.55%
YoY- 28.37%
Quarter Report
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TTM Result
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Revenue 29,952 30,288 31,871 33,692 34,406 33,634 31,205 -2.68%
PBT 26,112 29,097 34,008 36,702 35,947 40,064 33,814 -15.78%
Tax -3,904 -4,059 -4,463 -4,972 -4,992 -5,017 -4,634 -10.77%
NP 22,208 25,038 29,545 31,730 30,955 35,047 29,180 -16.60%
-
NP to SH 22,155 24,970 29,456 31,618 30,831 34,925 29,072 -16.52%
-
Tax Rate 14.95% 13.95% 13.12% 13.55% 13.89% 12.52% 13.70% -
Total Cost 7,744 5,250 2,326 1,962 3,451 -1,413 2,025 143.94%
-
Net Worth 286,954 282,180 280,421 275,188 268,283 259,836 253,598 8.56%
Dividend
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Div 3,158 3,158 4,705 4,705 4,705 4,705 2,526 16.00%
Div Payout % 14.26% 12.65% 15.97% 14.88% 15.26% 13.47% 8.69% -
Equity
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Net Worth 286,954 282,180 280,421 275,188 268,283 259,836 253,598 8.56%
NOSH 196,544 140,388 140,210 140,402 140,462 140,452 84,251 75.62%
Ratio Analysis
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
NP Margin 74.15% 82.67% 92.70% 94.18% 89.97% 104.20% 93.51% -
ROE 7.72% 8.85% 10.50% 11.49% 11.49% 13.44% 11.46% -
Per Share
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
RPS 15.24 21.57 22.73 24.00 24.49 23.95 37.04 -44.59%
EPS 11.27 17.79 21.01 22.52 21.95 24.87 34.51 -52.48%
DPS 1.61 2.25 3.35 3.35 3.35 3.35 3.00 -33.88%
NAPS 1.46 2.01 2.00 1.96 1.91 1.85 3.01 -38.18%
Adjusted Per Share Value based on latest NOSH - 140,402
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
RPS 15.24 15.41 16.22 17.14 17.51 17.11 15.88 -2.69%
EPS 11.27 12.70 14.99 16.09 15.69 17.77 14.79 -16.53%
DPS 1.61 1.61 2.39 2.39 2.39 2.39 1.29 15.87%
NAPS 1.46 1.4357 1.4268 1.4001 1.365 1.322 1.2903 8.56%
Price Multiplier on Financial Quarter End Date
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Date 28/09/12 29/06/12 30/03/12 30/12/11 30/09/11 30/06/11 31/03/11 -
Price 1.13 1.24 1.21 0.92 0.75 0.95 0.73 -
P/RPS 7.42 5.75 5.32 3.83 3.06 3.97 1.97 141.49%
P/EPS 10.02 6.97 5.76 4.09 3.42 3.82 2.12 180.84%
EY 9.98 14.34 17.36 24.48 29.27 26.17 47.27 -64.44%
DY 1.42 1.81 2.77 3.64 4.47 3.53 4.11 -50.66%
P/NAPS 0.77 0.62 0.61 0.47 0.39 0.51 0.24 117.06%
Price Multiplier on Announcement Date
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Date 29/10/12 26/07/12 26/04/12 28/02/12 27/10/11 03/08/11 12/05/11 -
Price 1.10 1.31 1.35 1.00 0.89 0.89 1.02 -
P/RPS 7.22 6.07 5.94 4.17 3.63 3.72 2.75 89.97%
P/EPS 9.76 7.37 6.43 4.44 4.05 3.58 2.96 121.05%
EY 10.25 13.58 15.56 22.52 24.66 27.94 33.83 -54.79%
DY 1.46 1.72 2.48 3.35 3.76 3.76 2.94 -37.20%
P/NAPS 0.75 0.65 0.68 0.51 0.47 0.48 0.34 69.21%

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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