[MANULFE] QoQ TTM Result on 31-Mar-2009 [#1]

Announcement Date
25-May-2009
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2009
Quarter
31-Mar-2009 [#1]
Profit Trend
QoQ- -7.63%
YoY- -47.88%
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TTM Result
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Revenue 590,970 595,077 650,877 642,766 638,528 649,559 594,177 -0.35%
PBT 93,151 81,222 61,518 55,689 61,056 72,025 90,700 1.78%
Tax -34,003 -24,988 -16,851 -12,272 -14,053 -18,118 -23,163 29.07%
NP 59,148 56,234 44,667 43,417 47,003 53,907 67,537 -8.44%
-
NP to SH 59,148 56,234 44,667 43,417 47,003 53,907 67,537 -8.44%
-
Tax Rate 36.50% 30.77% 27.39% 22.04% 23.02% 25.16% 25.54% -
Total Cost 531,822 538,843 606,210 599,349 591,525 595,652 526,640 0.65%
-
Net Worth 487,757 469,460 443,437 455,564 437,173 426,041 420,707 10.33%
Dividend
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Div 45,545 19,741 19,741 19,741 - 41,907 41,907 5.69%
Div Payout % 77.00% 35.11% 44.20% 45.47% - 77.74% 62.05% -
Equity
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Net Worth 487,757 469,460 443,437 455,564 437,173 426,041 420,707 10.33%
NOSH 202,389 202,353 202,483 202,473 202,395 202,876 202,263 0.04%
Ratio Analysis
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
NP Margin 10.01% 9.45% 6.86% 6.75% 7.36% 8.30% 11.37% -
ROE 12.13% 11.98% 10.07% 9.53% 10.75% 12.65% 16.05% -
Per Share
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 292.00 294.08 321.45 317.46 315.49 320.17 293.76 -0.39%
EPS 29.22 27.79 22.06 21.44 23.22 26.57 33.39 -8.48%
DPS 22.50 9.75 9.75 9.75 0.00 20.72 20.72 5.63%
NAPS 2.41 2.32 2.19 2.25 2.16 2.10 2.08 10.28%
Adjusted Per Share Value based on latest NOSH - 202,473
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
RPS 265.76 267.61 292.70 289.05 287.15 292.11 267.20 -0.35%
EPS 26.60 25.29 20.09 19.52 21.14 24.24 30.37 -8.43%
DPS 20.48 8.88 8.88 8.88 0.00 18.85 18.85 5.66%
NAPS 2.1934 2.1112 1.9941 2.0487 1.966 1.9159 1.8919 10.33%
Price Multiplier on Financial Quarter End Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 -
Price 3.30 2.20 2.37 2.15 2.08 2.82 2.75 -
P/RPS 1.13 0.75 0.74 0.68 0.66 0.88 0.94 13.01%
P/EPS 11.29 7.92 10.74 10.03 8.96 10.61 8.24 23.29%
EY 8.86 12.63 9.31 9.97 11.17 9.42 12.14 -18.89%
DY 6.82 4.43 4.11 4.53 0.00 7.35 7.53 -6.37%
P/NAPS 1.37 0.95 1.08 0.96 0.96 1.34 1.32 2.50%
Price Multiplier on Announcement Date
31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 30/09/08 30/06/08 CAGR
Date 02/03/10 13/11/09 24/08/09 25/05/09 27/02/09 26/11/08 27/08/08 -
Price 2.71 2.47 2.10 2.40 2.00 2.06 3.10 -
P/RPS 0.93 0.84 0.65 0.76 0.63 0.64 1.06 -8.33%
P/EPS 9.27 8.89 9.52 11.19 8.61 7.75 9.28 -0.07%
EY 10.78 11.25 10.50 8.93 11.61 12.90 10.77 0.06%
DY 8.30 3.95 4.64 4.06 0.00 10.06 6.68 15.53%
P/NAPS 1.12 1.06 0.96 1.07 0.93 0.98 1.49 -17.28%

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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