[MAYBANK] QoQ TTM Result on 31-Mar-2008 [#3]

Announcement Date
14-May-2008
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2008
Quarter
31-Mar-2008 [#3]
Profit Trend
QoQ- -0.18%
YoY- 10.51%
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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 14,510,200 13,782,085 16,153,942 15,874,500 16,103,112 15,561,305 15,179,312 -2.94%
PBT 3,880,798 3,953,742 4,086,070 4,398,634 4,406,782 4,506,967 4,363,698 -7.48%
Tax -1,051,176 -1,132,607 -1,083,730 -1,085,045 -1,090,187 -1,088,058 -1,110,827 -3.59%
NP 2,829,622 2,821,135 3,002,340 3,313,589 3,316,595 3,418,909 3,252,871 -8.83%
-
NP to SH 2,768,552 2,764,946 2,928,202 3,277,795 3,283,800 3,345,120 3,178,372 -8.75%
-
Tax Rate 27.09% 28.65% 26.52% 24.67% 24.74% 24.14% 25.46% -
Total Cost 11,680,578 10,960,950 13,151,602 12,560,911 12,786,517 12,142,396 11,926,441 -1.37%
-
Net Worth 19,523,189 19,941,107 19,298,097 19,778,989 15,585,372 19,455,794 15,552,791 16.28%
Dividend
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
Div 976,006 1,560,458 2,241,411 2,820,683 2,820,683 3,770,000 3,089,047 -53.44%
Div Payout % 35.25% 56.44% 76.55% 86.05% 85.90% 112.70% 97.19% -
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 19,523,189 19,941,107 19,298,097 19,778,989 15,585,372 19,455,794 15,552,791 16.28%
NOSH 4,880,797 4,882,022 4,880,034 4,887,925 3,896,343 3,891,158 3,888,197 16.28%
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 19.50% 20.47% 18.59% 20.87% 20.60% 21.97% 21.43% -
ROE 14.18% 13.87% 15.17% 16.57% 21.07% 17.19% 20.44% -
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 297.29 282.30 331.02 324.77 413.29 399.91 390.39 -16.53%
EPS 56.72 56.64 60.00 67.06 84.28 85.97 81.74 -21.53%
DPS 20.00 31.96 45.93 57.71 72.50 97.50 79.45 -59.96%
NAPS 4.00 4.0846 3.9545 4.0465 4.00 5.00 4.00 0.00%
Adjusted Per Share Value based on latest NOSH - 4,887,925
31/12/08 30/09/08 30/06/08 31/03/08 31/12/07 30/09/07 30/06/07 CAGR
RPS 120.27 114.24 133.90 131.58 133.48 128.99 125.82 -2.94%
EPS 22.95 22.92 24.27 27.17 27.22 27.73 26.35 -8.76%
DPS 8.09 12.93 18.58 23.38 23.38 31.25 25.60 -53.44%
NAPS 1.6183 1.6529 1.5996 1.6395 1.2919 1.6127 1.2892 16.28%
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 5.10 6.90 7.05 8.45 11.50 11.00 12.00 -
P/RPS 1.72 2.44 2.13 2.60 2.78 2.75 3.07 -31.91%
P/EPS 8.99 12.18 11.75 12.60 13.65 12.80 14.68 -27.77%
EY 11.12 8.21 8.51 7.94 7.33 7.82 6.81 38.46%
DY 3.92 4.63 6.51 6.83 6.30 8.86 6.62 -29.37%
P/NAPS 1.28 1.69 1.78 2.09 2.88 2.20 3.00 -43.17%
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 11/11/08 27/08/08 14/05/08 20/02/08 15/11/07 29/08/07 -
Price 5.10 5.50 7.30 7.80 9.80 11.40 11.60 -
P/RPS 1.72 1.95 2.21 2.40 2.37 2.85 2.97 -30.40%
P/EPS 8.99 9.71 12.17 11.63 11.63 13.26 14.19 -26.13%
EY 11.12 10.30 8.22 8.60 8.60 7.54 7.05 35.31%
DY 3.92 5.81 6.29 7.40 7.40 8.55 6.85 -30.95%
P/NAPS 1.28 1.35 1.85 1.93 2.45 2.28 2.90 -41.88%

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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