[MAYBANK] QoQ Quarter Result on 31-Dec-2011 [#4]

Announcement Date
23-Feb-2012
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Dec-2011 [#4]
Profit Trend
QoQ- -5.2%
YoY- 11.89%
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Quarter Result
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Revenue 8,006,093 7,925,097 7,872,919 6,737,418 6,074,346 5,720,999 5,128,082 34.46%
PBT 2,025,511 2,026,468 1,894,572 1,730,607 1,840,485 1,728,529 1,575,573 18.17%
Tax -490,459 -546,367 -528,902 -414,698 -474,295 -475,307 -389,311 16.59%
NP 1,535,052 1,480,101 1,365,670 1,315,909 1,366,190 1,253,222 1,186,262 18.69%
-
NP to SH 1,501,242 1,437,906 1,346,881 1,259,005 1,328,047 1,154,316 1,142,600 19.90%
-
Tax Rate 24.21% 26.96% 27.92% 23.96% 25.77% 27.50% 24.71% -
Total Cost 6,471,041 6,444,996 6,507,249 5,421,509 4,708,156 4,467,777 3,941,820 39.03%
-
Net Worth 37,136,383 35,924,617 34,012,756 32,966,670 29,916,045 31,250,468 29,884,116 15.54%
Dividend
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
Div - 2,467,879 - 2,710,827 - 2,376,969 - -
Div Payout % - 171.63% - 215.32% - 205.92% - -
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 37,136,383 35,924,617 34,012,756 32,966,670 29,916,045 31,250,468 29,884,116 15.54%
NOSH 7,852,903 7,712,124 7,639,711 7,530,075 7,479,011 7,428,030 7,324,358 4.74%
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 19.17% 18.68% 17.35% 19.53% 22.49% 21.91% 23.13% -
ROE 4.04% 4.00% 3.96% 3.82% 4.44% 3.69% 3.82% -
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 101.95 102.76 103.05 89.47 81.22 77.02 70.01 28.38%
EPS 19.14 18.65 17.63 16.72 17.76 15.54 15.60 14.56%
DPS 0.00 32.00 0.00 36.00 0.00 32.00 0.00 -
NAPS 4.729 4.6582 4.4521 4.378 4.00 4.2071 4.0801 10.31%
Adjusted Per Share Value based on latest NOSH - 7,530,075
30/09/12 30/06/12 31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 CAGR
RPS 66.36 65.69 65.26 55.85 50.35 47.42 42.51 34.45%
EPS 12.44 11.92 11.16 10.44 11.01 9.57 9.47 19.88%
DPS 0.00 20.46 0.00 22.47 0.00 19.70 0.00 -
NAPS 3.0782 2.9778 2.8193 2.7326 2.4797 2.5903 2.4771 15.53%
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 9.01 8.70 8.87 8.58 8.00 8.94 8.96 -
P/RPS 8.84 8.47 8.61 9.59 9.85 11.61 12.80 -21.81%
P/EPS 47.13 46.66 50.31 51.32 45.05 57.53 57.44 -12.32%
EY 2.12 2.14 1.99 1.95 2.22 1.74 1.74 14.03%
DY 0.00 3.68 0.00 4.20 0.00 3.58 0.00 -
P/NAPS 1.91 1.87 1.99 1.96 2.00 2.12 2.20 -8.96%
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 09/11/12 16/08/12 24/05/12 23/02/12 14/11/11 22/08/11 12/05/11 -
Price 9.02 8.94 8.50 8.70 8.25 8.64 8.74 -
P/RPS 8.85 8.70 8.25 9.72 10.16 11.22 12.48 -20.42%
P/EPS 47.18 47.95 48.21 52.03 46.46 55.60 56.03 -10.80%
EY 2.12 2.09 2.07 1.92 2.15 1.80 1.78 12.32%
DY 0.00 3.58 0.00 4.14 0.00 3.70 0.00 -
P/NAPS 1.91 1.92 1.91 1.99 2.06 2.05 2.14 -7.28%

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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