[MAYBANK] QoQ TTM Result on 30-Sep-2010

Announcement Date
12-Nov-2010
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2011
Quarter
30-Sep-2010
Profit Trend
QoQ- 3.83%
YoY- 295.85%
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TTM Result
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Revenue 21,039,643 20,055,958 19,514,330 18,997,029 18,560,232 18,681,786 18,360,453 9.53%
PBT 6,270,467 5,901,032 5,780,604 5,618,538 5,370,408 3,189,646 2,388,401 90.64%
Tax -1,650,709 -1,559,463 -1,562,013 -1,503,201 -1,401,958 -1,259,836 -1,012,979 38.60%
NP 4,619,758 4,341,569 4,218,591 4,115,337 3,968,450 1,929,810 1,375,422 124.77%
-
NP to SH 4,450,278 4,208,436 4,096,224 3,964,478 3,818,167 1,787,553 1,260,446 132.40%
-
Tax Rate 26.33% 26.43% 27.02% 26.75% 26.11% 39.50% 42.41% -
Total Cost 16,419,885 15,714,389 15,295,739 14,881,692 14,591,782 16,751,976 16,985,031 -2.23%
-
Net Worth 31,250,468 29,884,116 28,277,939 28,308,160 27,881,071 26,919,593 26,893,901 10.55%
Dividend
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Div 4,381,228 5,118,987 5,118,987 3,893,113 3,893,113 1,286,053 1,286,053 126.91%
Div Payout % 98.45% 121.64% 124.97% 98.20% 101.96% 71.94% 102.03% -
Equity
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Net Worth 31,250,468 29,884,116 28,277,939 28,308,160 27,881,071 26,919,593 26,893,901 10.55%
NOSH 7,428,030 7,324,358 7,158,066 7,075,801 7,078,929 7,076,840 7,076,225 3.29%
Ratio Analysis
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
NP Margin 21.96% 21.65% 21.62% 21.66% 21.38% 10.33% 7.49% -
ROE 14.24% 14.08% 14.49% 14.00% 13.69% 6.64% 4.69% -
Per Share
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
RPS 283.25 273.83 272.62 268.48 262.19 263.98 259.47 6.03%
EPS 59.91 57.46 57.23 56.03 53.94 25.26 17.81 125.00%
DPS 58.98 69.89 72.00 55.00 55.00 18.17 18.17 119.70%
NAPS 4.2071 4.0801 3.9505 4.0007 3.9386 3.8039 3.8006 7.02%
Adjusted Per Share Value based on latest NOSH - 7,075,801
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
RPS 174.40 166.24 161.75 157.46 153.84 154.85 152.19 9.53%
EPS 36.89 34.88 33.95 32.86 31.65 14.82 10.45 132.37%
DPS 36.32 42.43 42.43 32.27 32.27 10.66 10.66 126.93%
NAPS 2.5903 2.4771 2.3439 2.3464 2.311 2.2313 2.2292 10.55%
Price Multiplier on Financial Quarter End Date
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Date 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 31/03/10 31/12/09 -
Price 8.94 8.96 8.50 8.80 7.56 7.47 6.86 -
P/RPS 3.16 3.27 3.12 3.28 2.88 2.83 2.64 12.77%
P/EPS 14.92 15.59 14.85 15.71 14.02 29.57 38.51 -46.94%
EY 6.70 6.41 6.73 6.37 7.13 3.38 2.60 88.28%
DY 6.60 7.80 8.47 6.25 7.28 2.43 2.65 84.04%
P/NAPS 2.12 2.20 2.15 2.20 1.92 1.96 1.80 11.55%
Price Multiplier on Announcement Date
30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 31/03/10 31/12/09 CAGR
Date 22/08/11 12/05/11 21/02/11 12/11/10 20/08/10 13/05/10 09/02/10 -
Price 8.64 8.74 8.86 9.20 8.13 7.72 6.72 -
P/RPS 3.05 3.19 3.25 3.43 3.10 2.92 2.59 11.54%
P/EPS 14.42 15.21 15.48 16.42 15.07 30.56 37.73 -47.42%
EY 6.93 6.57 6.46 6.09 6.63 3.27 2.65 90.14%
DY 6.83 8.00 8.13 5.98 6.77 2.35 2.70 85.96%
P/NAPS 2.05 2.14 2.24 2.30 2.06 2.03 1.77 10.31%

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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