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

Announcement Date
12-May-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Mar-2011 [#1]
Profit Trend
QoQ- 18.03%
YoY- 34.89%
Quarter Report
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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 33,692 34,406 33,634 31,205 27,337 25,202 23,570 26.81%
PBT 36,702 35,947 40,064 33,814 28,324 33,720 23,313 35.21%
Tax -4,972 -4,992 -5,017 -4,634 -3,604 -3,066 -2,578 54.75%
NP 31,730 30,955 35,047 29,180 24,720 30,654 20,735 32.69%
-
NP to SH 31,618 30,831 34,925 29,072 24,631 30,567 20,650 32.74%
-
Tax Rate 13.55% 13.89% 12.52% 13.70% 12.72% 9.09% 11.06% -
Total Cost 1,962 3,451 -1,413 2,025 2,617 -5,452 2,835 -21.70%
-
Net Worth 275,188 268,283 259,836 253,598 246,072 240,048 168,449 38.58%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div 4,705 4,705 4,705 2,526 2,526 2,526 2,526 51.21%
Div Payout % 14.88% 15.26% 13.47% 8.69% 10.26% 8.27% 12.24% -
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 275,188 268,283 259,836 253,598 246,072 240,048 168,449 38.58%
NOSH 140,402 140,462 140,452 84,251 84,271 84,227 84,224 40.46%
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 94.18% 89.97% 104.20% 93.51% 90.43% 121.63% 87.97% -
ROE 11.49% 11.49% 13.44% 11.46% 10.01% 12.73% 12.26% -
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 24.00 24.49 23.95 37.04 32.44 29.92 27.98 -9.69%
EPS 22.52 21.95 24.87 34.51 29.23 36.29 24.52 -5.49%
DPS 3.35 3.35 3.35 3.00 3.00 3.00 3.00 7.61%
NAPS 1.96 1.91 1.85 3.01 2.92 2.85 2.00 -1.33%
Adjusted Per Share Value based on latest NOSH - 84,251
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 17.14 17.51 17.11 15.88 13.91 12.82 11.99 26.81%
EPS 16.09 15.69 17.77 14.79 12.53 15.55 10.51 32.72%
DPS 2.39 2.39 2.39 1.29 1.29 1.29 1.29 50.67%
NAPS 1.4001 1.365 1.322 1.2903 1.252 1.2213 0.8571 38.57%
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 0.92 0.75 0.95 0.73 0.84 0.58 0.52 -
P/RPS 3.83 3.06 3.97 1.97 2.59 1.94 1.86 61.64%
P/EPS 4.09 3.42 3.82 2.12 2.87 1.60 2.12 54.78%
EY 24.48 29.27 26.17 47.27 34.80 62.57 47.15 -35.32%
DY 3.64 4.47 3.53 4.11 3.57 5.17 5.77 -26.38%
P/NAPS 0.47 0.39 0.51 0.24 0.29 0.20 0.26 48.23%
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 28/02/12 27/10/11 03/08/11 12/05/11 25/02/11 23/11/10 30/07/10 -
Price 1.00 0.89 0.89 1.02 0.73 0.67 0.55 -
P/RPS 4.17 3.63 3.72 2.75 2.25 2.24 1.97 64.63%
P/EPS 4.44 4.05 3.58 2.96 2.50 1.85 2.24 57.59%
EY 22.52 24.66 27.94 33.83 40.04 54.17 44.58 -36.49%
DY 3.35 3.76 3.76 2.94 4.11 4.48 5.45 -27.64%
P/NAPS 0.51 0.47 0.48 0.34 0.25 0.24 0.28 48.98%

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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