[MANULFE] QoQ TTM Result on 30-Jun-2003 [#2]

Announcement Date
20-Aug-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
30-Jun-2003 [#2]
Profit Trend
QoQ- 6.09%
YoY- -21.16%
Quarter Report
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TTM Result
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Revenue 422,962 407,205 390,170 379,663 373,947 375,379 363,812 10.55%
PBT 53,666 48,530 41,365 37,369 35,424 39,579 44,811 12.76%
Tax -5,648 -4,017 -12,255 -11,171 -10,729 -12,039 -13,782 -44.79%
NP 48,018 44,513 29,110 26,198 24,695 27,540 31,029 33.75%
-
NP to SH 48,018 44,513 29,110 26,198 24,695 27,540 31,029 33.75%
-
Tax Rate 10.52% 8.28% 29.63% 29.89% 30.29% 30.42% 30.76% -
Total Cost 374,944 362,692 361,060 353,465 349,252 347,839 332,783 8.26%
-
Net Worth 306,552 298,343 274,188 261,927 268,482 201,563 250,537 14.38%
Dividend
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Net Worth 306,552 298,343 274,188 261,927 268,482 201,563 250,537 14.38%
NOSH 201,679 201,583 201,608 201,482 201,866 201,563 202,046 -0.12%
Ratio Analysis
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
NP Margin 11.35% 10.93% 7.46% 6.90% 6.60% 7.34% 8.53% -
ROE 15.66% 14.92% 10.62% 10.00% 9.20% 13.66% 12.38% -
Per Share
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 209.72 202.00 193.53 188.43 185.24 186.23 180.06 10.68%
EPS 23.81 22.08 14.44 13.00 12.23 13.66 15.36 33.90%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.52 1.48 1.36 1.30 1.33 1.00 1.24 14.52%
Adjusted Per Share Value based on latest NOSH - 201,482
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
RPS 190.21 183.12 175.46 170.73 168.16 168.81 163.61 10.55%
EPS 21.59 20.02 13.09 11.78 11.11 12.38 13.95 33.76%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 1.3786 1.3417 1.233 1.1779 1.2074 0.9064 1.1267 14.38%
Price Multiplier on Financial Quarter End Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 - - -
Price 2.15 2.00 2.00 1.96 1.83 0.00 0.00 -
P/RPS 1.03 0.99 1.03 1.04 0.99 0.00 0.00 -
P/EPS 9.03 9.06 13.85 15.07 14.96 0.00 0.00 -
EY 11.07 11.04 7.22 6.63 6.68 0.00 0.00 -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.41 1.35 1.47 1.51 1.38 0.00 0.00 -
Price Multiplier on Announcement Date
31/03/04 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 CAGR
Date 26/05/04 24/02/04 19/11/03 20/08/03 23/05/03 28/02/03 13/11/02 -
Price 2.31 2.09 1.99 2.02 2.04 1.81 0.00 -
P/RPS 1.10 1.03 1.03 1.07 1.10 0.97 0.00 -
P/EPS 9.70 9.46 13.78 15.54 16.68 13.25 0.00 -
EY 10.31 10.57 7.26 6.44 6.00 7.55 0.00 -
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 1.52 1.41 1.46 1.55 1.53 1.81 0.00 -

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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