[MAYBANK] QoQ TTM Result on 30-Sep-2009 [#1]

Announcement Date
12-Nov-2009
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2010
Quarter
30-Sep-2009 [#1]
Profit Trend
QoQ- 44.75%
YoY- -63.78%
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TTM Result
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Revenue 18,560,232 18,681,786 18,360,453 18,419,000 15,404,122 15,037,794 14,510,200 17.88%
PBT 5,370,408 3,189,646 2,388,401 1,948,732 1,674,291 3,514,694 3,880,798 24.25%
Tax -1,401,958 -1,259,836 -1,012,979 -862,022 -923,578 -943,629 -1,051,176 21.22%
NP 3,968,450 1,929,810 1,375,422 1,086,710 750,713 2,571,065 2,829,622 25.37%
-
NP to SH 3,818,167 1,787,553 1,260,446 1,001,504 691,874 2,513,227 2,768,552 23.97%
-
Tax Rate 26.11% 39.50% 42.41% 44.24% 55.16% 26.85% 27.09% -
Total Cost 14,591,782 16,751,976 16,985,031 17,332,290 14,653,409 12,466,729 11,680,578 16.03%
-
Net Worth 27,881,071 26,919,593 26,893,901 25,955,863 22,324,089 19,525,973 19,523,189 26.89%
Dividend
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Div 3,893,113 1,286,053 1,286,053 507,668 507,668 976,006 976,006 152.15%
Div Payout % 101.96% 71.94% 102.03% 50.69% 73.38% 38.83% 35.25% -
Equity
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Net Worth 27,881,071 26,919,593 26,893,901 25,955,863 22,324,089 19,525,973 19,523,189 26.89%
NOSH 7,078,929 7,076,840 7,076,225 7,077,070 6,345,856 4,881,493 4,880,797 28.21%
Ratio Analysis
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
NP Margin 21.38% 10.33% 7.49% 5.90% 4.87% 17.10% 19.50% -
ROE 13.69% 6.64% 4.69% 3.86% 3.10% 12.87% 14.18% -
Per Share
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
RPS 262.19 263.98 259.47 260.26 242.74 308.06 297.29 -8.05%
EPS 53.94 25.26 17.81 14.15 10.90 51.48 56.72 -3.30%
DPS 55.00 18.17 18.17 7.17 8.00 20.00 20.00 96.64%
NAPS 3.9386 3.8039 3.8006 3.6676 3.5179 4.00 4.00 -1.02%
Adjusted Per Share Value based on latest NOSH - 7,077,070
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
RPS 153.81 154.82 152.15 152.64 127.66 124.62 120.25 17.88%
EPS 31.64 14.81 10.45 8.30 5.73 20.83 22.94 23.97%
DPS 32.26 10.66 10.66 4.21 4.21 8.09 8.09 152.10%
NAPS 2.3105 2.2309 2.2287 2.151 1.85 1.6181 1.6179 26.89%
Price Multiplier on Financial Quarter End Date
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Date 30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 -
Price 7.56 7.47 6.86 6.65 5.90 3.86 5.10 -
P/RPS 2.88 2.83 2.64 2.56 2.43 1.25 1.72 41.14%
P/EPS 14.02 29.57 38.51 46.99 54.11 7.50 8.99 34.58%
EY 7.13 3.38 2.60 2.13 1.85 13.34 11.12 -25.70%
DY 7.28 2.43 2.65 1.08 1.36 5.18 3.92 51.25%
P/NAPS 1.92 1.96 1.80 1.81 1.68 0.97 1.28 31.13%
Price Multiplier on Announcement Date
30/06/10 31/03/10 31/12/09 30/09/09 30/06/09 31/03/09 31/12/08 CAGR
Date 20/08/10 13/05/10 09/02/10 12/11/09 25/08/09 21/05/09 27/02/09 -
Price 8.13 7.72 6.72 6.84 6.52 5.20 5.10 -
P/RPS 3.10 2.92 2.59 2.63 2.69 1.69 1.72 48.26%
P/EPS 15.07 30.56 37.73 48.33 59.80 10.10 8.99 41.24%
EY 6.63 3.27 2.65 2.07 1.67 9.90 11.12 -29.22%
DY 6.77 2.35 2.70 1.05 1.23 3.85 3.92 44.09%
P/NAPS 2.06 2.03 1.77 1.86 1.85 1.30 1.28 37.45%

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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