[MAYBANK] QoQ Annualized Quarter Result on 31-Dec-2007 [#2]

Announcement Date
20-Feb-2008
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2008
Quarter
31-Dec-2007 [#2]
Profit Trend
QoQ- -0.3%
YoY- 7.75%
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Annualized Quarter Result
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Revenue 6,200,992 16,153,942 15,548,536 15,847,750 15,688,420 15,179,312 14,621,618 -43.46%
PBT 3,527,096 4,086,070 4,089,780 4,094,662 4,056,408 4,363,698 4,043,198 -8.67%
Tax -1,244,072 -1,083,730 -1,095,653 -1,138,378 -1,048,564 -1,110,827 -1,130,029 6.60%
NP 2,283,024 3,002,340 2,994,126 2,956,284 3,007,844 3,252,871 2,913,169 -14.96%
-
NP to SH 2,288,692 2,928,202 2,966,652 2,932,766 2,941,716 3,178,372 2,834,088 -13.24%
-
Tax Rate 35.27% 26.52% 26.79% 27.80% 25.85% 25.46% 27.95% -
Total Cost 3,917,968 13,151,602 12,554,409 12,891,466 12,680,576 11,926,441 11,708,449 -51.70%
-
Net Worth 19,941,107 19,273,592 19,714,077 19,418,866 19,903,276 15,198,683 15,343,510 19.03%
Dividend
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Div - 2,558,764 2,111,149 2,530,931 2,723,811 3,079,071 2,045,801 -
Div Payout % - 87.38% 71.16% 86.30% 92.59% 96.88% 72.19% -
Equity
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Net Worth 19,941,107 19,273,592 19,714,077 19,418,866 19,903,276 15,198,683 15,343,510 19.03%
NOSH 4,882,022 4,873,838 4,871,883 3,893,741 3,891,158 3,848,839 3,835,877 17.39%
Ratio Analysis
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
NP Margin 36.82% 18.59% 19.26% 18.65% 19.17% 21.43% 19.92% -
ROE 11.48% 15.19% 15.05% 15.10% 14.78% 20.91% 18.47% -
Per Share
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
RPS 127.02 331.44 319.15 407.01 403.18 394.39 381.18 -51.83%
EPS 46.88 60.08 60.89 75.32 75.60 66.07 59.11 -14.28%
DPS 0.00 52.50 43.33 65.00 70.00 80.00 53.33 -
NAPS 4.0846 3.9545 4.0465 4.9872 5.115 3.9489 4.00 1.40%
Adjusted Per Share Value based on latest NOSH - 3,896,343
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
RPS 51.40 133.90 128.88 131.36 130.04 125.82 121.20 -43.46%
EPS 18.97 24.27 24.59 24.31 24.38 26.35 23.49 -13.24%
DPS 0.00 21.21 17.50 20.98 22.58 25.52 16.96 -
NAPS 1.6529 1.5976 1.6341 1.6096 1.6498 1.2598 1.2718 19.03%
Price Multiplier on Financial Quarter End Date
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Date 30/09/08 30/06/08 31/03/08 31/12/07 28/09/07 29/06/07 30/03/07 -
Price 6.90 7.05 8.45 11.50 11.00 12.00 12.80 -
P/RPS 5.43 2.13 2.65 2.83 2.73 3.04 3.36 37.59%
P/EPS 14.72 11.73 13.88 15.27 14.55 14.53 17.32 -10.24%
EY 6.79 8.52 7.21 6.55 6.87 6.88 5.77 11.42%
DY 0.00 7.45 5.13 5.65 6.36 6.67 4.17 -
P/NAPS 1.69 1.78 2.09 2.31 2.15 3.04 3.20 -34.58%
Price Multiplier on Announcement Date
30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 31/03/07 CAGR
Date 11/11/08 27/08/08 14/05/08 20/02/08 15/11/07 29/08/07 11/05/07 -
Price 5.50 7.30 7.80 9.80 11.40 11.60 12.40 -
P/RPS 4.33 2.20 2.44 2.41 2.83 2.94 3.25 21.01%
P/EPS 11.73 12.15 12.81 13.01 15.08 14.05 16.78 -21.18%
EY 8.52 8.23 7.81 7.69 6.63 7.12 5.96 26.81%
DY 0.00 7.19 5.56 6.63 6.14 6.90 4.30 -
P/NAPS 1.35 1.85 1.93 1.97 2.23 2.94 3.10 -42.45%

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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