[MANULFE] QoQ TTM Result on 31-Mar-2008 [#1]

Announcement Date
21-May-2008
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2008
Quarter
31-Mar-2008 [#1]
Profit Trend
QoQ- -2.02%
YoY- 40.18%
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TTM Result
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Revenue 638,528 649,559 594,177 590,955 573,013 615,360 599,973 4.21%
PBT 61,056 72,025 90,700 111,099 114,343 110,285 103,079 -29.35%
Tax -14,053 -18,118 -23,163 -27,798 -29,324 -28,930 -26,995 -35.15%
NP 47,003 53,907 67,537 83,301 85,019 81,355 76,084 -27.35%
-
NP to SH 47,003 53,907 67,537 83,301 85,019 81,355 76,084 -27.35%
-
Tax Rate 23.02% 25.16% 25.54% 25.02% 25.65% 26.23% 26.19% -
Total Cost 591,525 595,652 526,640 507,654 487,994 534,005 523,889 8.39%
-
Net Worth 437,173 426,041 420,707 449,010 433,175 412,776 394,516 7.05%
Dividend
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Div - 41,907 41,907 41,907 - - - -
Div Payout % - 77.74% 62.05% 50.31% - - - -
Equity
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Net Worth 437,173 426,041 420,707 449,010 433,175 412,776 394,516 7.05%
NOSH 202,395 202,876 202,263 202,256 202,418 202,341 202,316 0.02%
Ratio Analysis
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
NP Margin 7.36% 8.30% 11.37% 14.10% 14.84% 13.22% 12.68% -
ROE 10.75% 12.65% 16.05% 18.55% 19.63% 19.71% 19.29% -
Per Share
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
RPS 315.49 320.17 293.76 292.18 283.08 304.12 296.55 4.19%
EPS 23.22 26.57 33.39 41.19 42.00 40.21 37.61 -27.38%
DPS 0.00 20.72 20.72 20.72 0.00 0.00 0.00 -
NAPS 2.16 2.10 2.08 2.22 2.14 2.04 1.95 7.02%
Adjusted Per Share Value based on latest NOSH - 202,256
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
RPS 287.15 292.11 267.20 265.75 257.68 276.73 269.81 4.22%
EPS 21.14 24.24 30.37 37.46 38.23 36.59 34.21 -27.34%
DPS 0.00 18.85 18.85 18.85 0.00 0.00 0.00 -
NAPS 1.966 1.9159 1.8919 2.0192 1.948 1.8563 1.7741 7.05%
Price Multiplier on Financial Quarter End Date
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Date 31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 28/09/07 29/06/07 -
Price 2.08 2.82 2.75 2.85 3.20 3.24 2.86 -
P/RPS 0.66 0.88 0.94 0.98 1.13 1.07 0.96 -22.01%
P/EPS 8.96 10.61 8.24 6.92 7.62 8.06 7.61 11.44%
EY 11.17 9.42 12.14 14.45 13.13 12.41 13.15 -10.26%
DY 0.00 7.35 7.53 7.27 0.00 0.00 0.00 -
P/NAPS 0.96 1.34 1.32 1.28 1.50 1.59 1.47 -24.63%
Price Multiplier on Announcement Date
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Date 27/02/09 26/11/08 27/08/08 21/05/08 14/02/08 20/11/07 30/08/07 -
Price 2.00 2.06 3.10 3.38 2.94 3.28 3.28 -
P/RPS 0.63 0.64 1.06 1.16 1.04 1.08 1.11 -31.33%
P/EPS 8.61 7.75 9.28 8.21 7.00 8.16 8.72 -0.83%
EY 11.61 12.90 10.77 12.19 14.29 12.26 11.47 0.80%
DY 0.00 10.06 6.68 6.13 0.00 0.00 0.00 -
P/NAPS 0.93 0.98 1.49 1.52 1.37 1.61 1.68 -32.46%

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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