[MAYBANK] QoQ Annualized Quarter Result on 31-Mar-2017 [#1]

Announcement Date
25-May-2017
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2017
Quarter
31-Mar-2017 [#1]
Profit Trend
QoQ- 1.01%
YoY- 19.35%
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Annualized Quarter Result
31/12/17 30/09/17 30/06/17 31/03/17 31/12/16 30/09/16 30/06/16 CAGR
Revenue 45,580,310 45,059,564 44,400,754 45,112,276 44,657,902 44,549,721 44,247,638 1.99%
PBT 10,098,096 9,562,597 8,987,122 8,996,280 8,844,450 7,961,926 7,030,668 27.21%
Tax -2,301,222 -2,168,210 -2,048,460 -2,015,864 -1,880,558 -1,943,501 -1,730,262 20.87%
NP 7,796,874 7,394,386 6,938,662 6,980,416 6,963,892 6,018,425 5,300,406 29.25%
-
NP to SH 7,520,542 7,184,590 6,722,474 6,811,188 6,742,992 5,843,192 5,173,384 28.23%
-
Tax Rate 22.79% 22.67% 22.79% 22.41% 21.26% 24.41% 24.61% -
Total Cost 37,783,436 37,665,177 37,462,092 38,131,860 37,694,010 38,531,296 38,947,232 -1.99%
-
Net Worth 72,420,516 70,446,256 69,268,350 70,457,936 66,810,691 64,729,291 62,033,595 10.84%
Dividend
31/12/17 30/09/17 30/06/17 31/03/17 31/12/16 30/09/16 30/06/16 CAGR
Div 5,884,367 3,174,746 4,716,806 - 5,168,567 2,629,107 3,917,746 31.05%
Div Payout % 78.24% 44.19% 70.16% - 76.65% 44.99% 75.73% -
Equity
31/12/17 30/09/17 30/06/17 31/03/17 31/12/16 30/09/16 30/06/16 CAGR
Net Worth 72,420,516 70,446,256 69,268,350 70,457,936 66,810,691 64,729,291 62,033,595 10.84%
NOSH 10,782,745 10,352,435 10,253,926 10,178,105 9,939,552 9,859,154 9,794,365 6.60%
Ratio Analysis
31/12/17 30/09/17 30/06/17 31/03/17 31/12/16 30/09/16 30/06/16 CAGR
NP Margin 17.11% 16.41% 15.63% 15.47% 15.59% 13.51% 11.98% -
ROE 10.38% 10.20% 9.70% 9.67% 10.09% 9.03% 8.34% -
Per Share
31/12/17 30/09/17 30/06/17 31/03/17 31/12/16 30/09/16 30/06/16 CAGR
RPS 426.03 435.26 433.01 443.23 449.29 451.86 451.77 -3.82%
EPS 72.04 69.40 65.56 66.92 67.84 59.27 52.82 22.91%
DPS 55.00 30.67 46.00 0.00 52.00 26.67 40.00 23.58%
NAPS 6.769 6.8048 6.7553 6.9225 6.7217 6.5654 6.3336 4.51%
Adjusted Per Share Value based on latest NOSH - 10,178,105
31/12/17 30/09/17 30/06/17 31/03/17 31/12/16 30/09/16 30/06/16 CAGR
RPS 377.73 373.41 367.95 373.85 370.08 369.19 366.68 1.99%
EPS 62.32 59.54 55.71 56.44 55.88 48.42 42.87 28.23%
DPS 48.76 26.31 39.09 0.00 42.83 21.79 32.47 31.03%
NAPS 6.0016 5.8379 5.7403 5.8389 5.5367 5.3642 5.1408 10.84%
Price Multiplier on Financial Quarter End Date
31/12/17 30/09/17 30/06/17 31/03/17 31/12/16 30/09/16 30/06/16 CAGR
Date 29/12/17 29/09/17 30/06/17 31/03/17 30/12/16 30/09/16 30/06/16 -
Price 9.80 9.53 9.63 8.92 8.20 7.50 8.14 -
P/RPS 2.30 2.19 2.22 2.01 1.83 1.66 1.80 17.69%
P/EPS 13.94 13.73 14.69 13.33 12.09 12.65 15.41 -6.44%
EY 7.17 7.28 6.81 7.50 8.27 7.90 6.49 6.84%
DY 5.61 3.22 4.78 0.00 6.34 3.56 4.91 9.26%
P/NAPS 1.45 1.40 1.43 1.29 1.22 1.14 1.29 8.08%
Price Multiplier on Announcement Date
31/12/17 30/09/17 30/06/17 31/03/17 31/12/16 30/09/16 30/06/16 CAGR
Date 28/02/18 30/11/17 30/08/17 25/05/17 23/02/17 24/11/16 25/08/16 -
Price 10.46 9.21 9.46 9.57 8.38 7.70 7.90 -
P/RPS 2.46 2.12 2.18 2.16 1.87 1.70 1.75 25.40%
P/EPS 14.88 13.27 14.43 14.30 12.35 12.99 14.96 -0.35%
EY 6.72 7.54 6.93 6.99 8.10 7.70 6.69 0.29%
DY 5.26 3.33 4.86 0.00 6.21 3.46 5.06 2.61%
P/NAPS 1.55 1.35 1.40 1.38 1.25 1.17 1.25 15.37%

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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