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HIGH PERFORMANCE REAL ESTATE INVESTMENTS Financial

Trading Information in the Regular Market

2020 2019 2018
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.27 0.26 0.25
Value Traded (JD) 496,307 262,510 92,351
No. of Shares Traded 1,842,880 980,750 246,079
No. of Transactions 1,147 896 547
No. of Subscribed Shares 12,000,000 12,000,000 12,000,000
Market Capitalization (JD) 3,240,000 3,120,000 3,000,000
Fiscal Year Ended 31/12/2020 31/12/2019 31/12/2018

Assets (JD)

2020 2019 2018
Current Assets
Cash on Hand & at Banks 1,950 4,541 11,094
Financial Assets at Fair Value Through Profit 2,420 2,420 2,420
Real Estate Ready for Sale 0 0 0
Cheques to Be Collected 0 0 0
Other Current Assets 0 0 0
Total Current Assets 303,694 301,920 299,138
Non-Current Assets
Investments in Real Estates 7,740,526 7,740,526 7,761,725
Financial Assets at Fair Value Through Other Comprehensive Income 19,500 19,500 19,500
Fixed Assets, Net 5 5 5
Projects in Progress 0 0 0
Investments in Companies (Sister and Affiliate) 546,496 2,243,206 2,246,596
Other Non-Current Assets 0 0 0
Total Non-Current Assets 8,306,527 10,003,237 10,027,826
Total Assets 8,610,221 10,305,157 10,326,964

Liabilities (JD)

2020 2019 2018
Current Liabilities
Credit Banks 0 0 0
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 0 0 0
Other Current Liabilities 106,927 79,999 144,170
Total Current Liabilities 530,585 430,945 407,972
Non-Current Liabilities
Long Term Loan 0 0 0
Corporate Bonds 0 0 0
Other Non-Current Liabilities 0 10,066 0
Total Non-Current Liabilities 0 10,066 0
Total Liabilities 530,585 441,011 407,972

Shareholders Equity (JD)

2020 2019 2018
Authorized Capital 12,000,000 12,000,000 12,000,000
Subscribed Capital 12,000,000 12,000,000 12,000,000
Paid in Capital 12,000,000 12,000,000 12,000,000
Compulsory Reserves 75,180 75,180 75,180
Voluntary Reserve 0 0 0
Other Reserves 0 0 0
Issuance Premium 0 0 0
Issuance Discount 0 0 0
Treasury Stocks 0 0 0
Cash Dividends 0 0 0
Stock Dividends 0 0 0
Accumulated Change in Fair Value -1,773,755 -83,224 -83,224
Retained Earnings -2,221,789 -2,127,810 -2,072,964
Total Owners' Equity (Pertaining to Company's Shareholders) 8,079,636 9,864,146 9,918,992
Non-controlling Interest 0 0 0
Total Owners' Equity 8,079,636 9,864,146 9,918,992
Total Liabilities & Owners' Equity 8,610,221 10,305,157 10,326,964

Income Statement (JD)

2020 2019 2018
Revenues
Lands and Apartments Sales Revenue 0 68,000 0
Rents and Services Revenue 9,800 12,345 14,260
Real Estate Revaluation 0 0 0
Total Operating Revenues 9,800 80,345 14,260
Profits From Sales of Securities 0 0 0
Securities Revaluation 0 0 0
Dividends 0 0 0
Companies Share of Sister and Affiliate Companies Profit -6,179 -3,390 -2,187
Other Revenues 0 24,529 0
Total Revenues 3,621 101,484 12,073
Expenses
Lands and Apartments Sales Expense 0 31,407 0
Rents and Services Expense 0 0 0
General and Administrative Expenses 97,600 124,923 109,449
Depreciation 0 0 0
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 0 0 0
Total Operating Expenses 97,600 156,330 109,449
Other Expenses 0 0 0
Profit Before Interest, Income Tax and Fees Expenses -93,979 -54,846 -97,376
Interest Expense 0 0 0
Profit Before Tax and Fees Expenses -93,979 -54,846 -97,376
Jordanian Universities Fees 0 0 0
Scientific Research Fees 0 0 0
Professional and Technical Training and Education Fees 0 0 0
Board Members Remuneration 0 0 0
Previous Years Income Tax 0 0 0
Income Tax 0 0 0
Net Profit -93,979 -54,846 -97,376
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -93,979 -54,846 -97,376

Cash Flow (JD)

2020 2019 2018
Cash Balance (Beginning) 4,541 11,094 8,573
Net Cash Flow from (Used in) Operating Activities 7,474 -64,345 2,521
Net Cash Flow from (Used in) Investing Activities 0 57,792 0
Net Cash Flow from (Used in) Financing Activities -10,066 0 0
Cash Balance (Ending) 1,949 4,541 11,094

Financial Ratios

2020 2019 2018
Turnover Ratio % 15.360 8.170 2.050
Earnings Per Share (JD) -0.010 0.000 -0.010
Dividends Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.670 0.820 0.830
Price Earnings Ratio (Times) -34.480 -56.890 -30.810
Dividend Yield % 0.000 0.000 0.000
Dividends Per Share to Earnings Per Share % 0.000 0.000 0.000
Price to Book Value (Times) 0.400 0.320 0.300
Return On Assets % -1.090 -0.530 -0.940
Return On Equity % -1.160 -0.560 -0.980
Debt Ratio % 6.160 4.280 3.950
Equity Ratio % 93.840 95.720 96.050
Interest Coverage Ratio (Times) 0.000 0.000 0.000
Total Assets Turnover (Times) 0.000 0.010 0.000
Fixed Assets Turnover (Times) 1,960.000 16,069.000 2,852.000
Working Capital Turnover (Times) -0.040 -0.620 -0.130
Current Ratio (Times) 0.570 0.700 0.730
Working Capital (JD) -226,891.000 -129,025.000 -108,834.000