Menu

THE PROFESSIONAL COMPANY FOR REAL ESTATE INVESTMENT AND HOUSING Financial

Trading Information in the Regular Market

2020 2019 2018
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.40 0.43 0.29
Value Traded (JD) 2,015,293 5,281,467 3,319,676
No. of Shares Traded 5,050,466 13,022,299 9,042,917
No. of Transactions 2,737 7,506 3,245
No. of Subscribed Shares 33,440,000 35,200,000 35,200,000
Market Capitalization (JD) 13,376,000 15,136,000 10,208,000
Fiscal Year Ended 31/12/2020 31/12/2019 31/12/2018

Assets (JD)

2020 2019 2018
Current Assets
Cash on Hand & at Banks 419,117 732,662 551,053
Financial Assets at Fair Value Through Profit 2,437,082 2,222,028 2,068,202
Real Estate Ready for Sale 23,854,866 25,099,122 27,022,570
Cheques to Be Collected 130,680 210,058 938,524
Other Current Assets 656,905 1,352,603 2,001,141
Total Current Assets 28,616,914 31,390,574 34,262,332
Non-Current Assets
Investments in Real Estates 194,481 898,414 984,247
Financial Assets at Fair Value Through Other Comprehensive Income 0 0 0
Fixed Assets, Net 72,711 88,694 59,996
Projects in Progress 0 0 0
Investments in Companies (Sister and Affiliate) 1 1 5,002
Other Non-Current Assets 9,333,176 7,278,140 5,944,893
Total Non-Current Assets 9,600,369 8,265,249 6,994,138
Total Assets 38,217,283 39,655,823 41,256,470

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 3,458,478 2,559,374 2,669,134
Total Current Liabilities 3,458,478 2,559,374 2,669,134
Non-Current Liabilities
Long Term Loan 0 0 0
Corporate Bonds 0 0 0
Other Non-Current Liabilities 376,766 59,662 0
Total Non-Current Liabilities 376,766 59,662 0
Total Liabilities 3,835,244 2,619,036 2,669,134

Shareholders Equity (JD)

2020 2019 2018
Authorized Capital 33,440,000 35,200,000 35,200,000
Subscribed Capital 33,440,000 35,200,000 35,200,000
Paid in Capital 33,440,000 35,200,000 35,200,000
Compulsory Reserves 440,266 440,266 437,396
Voluntary Reserve 0 0 0
Other Reserves 0 0 0
Issuance Premium 0 0 0
Issuance Discount 0 0 0
Treasury Stocks 556,857 582,730 582,730
Cash Dividends 0 0 1,056,000
Stock Dividends 0 0 0
Accumulated Change in Fair Value 0 0 0
Retained Earnings -473,223 -74,675 3,849
Total Owners' Equity (Pertaining to Company's Shareholders) 32,850,186 34,982,861 36,114,515
Non-controlling Interest 1,531,853 2,053,926 2,472,821
Total Owners' Equity 34,382,039 37,036,787 38,587,336
Total Liabilities & Owners' Equity 38,217,283 39,655,823 41,256,470

Income Statement (JD)

2020 2019 2018
Revenues
Lands and Apartments Sales Revenue 2,275,191 2,581,794 3,934,570
Rents and Services Revenue 4,123 8,503 24,655
Real Estate Revaluation -619,586 -557,774 0
Total Operating Revenues 1,659,728 2,032,523 3,959,225
Profits From Sales of Securities 0 0 2,888
Securities Revaluation 215,054 153,826 -551,688
Dividends 0 107,704 108,164
Companies Share of Sister and Affiliate Companies Profit -26,421 -78,170 -1,073
Other Revenues 78,006 64,980 586,063
Total Revenues 1,926,367 2,280,863 4,103,579
Expenses
Lands and Apartments Sales Expense 2,055,732 1,684,044 2,864,165
Rents and Services Expense 0 0 0
General and Administrative Expenses 346,919 453,443 424,246
Depreciation 33,956 31,838 27,373
Contingent Liabilities Provision 12,275 0 0
Other Operating Expenses 67,993 104,104 112,777
Total Operating Expenses 2,482,919 2,241,591 3,401,188
Other Expenses 20,492 0 982
Profit Before Interest, Income Tax and Fees Expenses -577,044 39,272 701,409
Interest Expense 0 0 0
Profit Before Tax and Fees Expenses -577,044 39,272 701,409
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 45,000
Previous Years Income Tax -2,106 29,191 -1,497
Income Tax 0 88,337 121,060
Net Profit -574,938 -78,256 536,846
Non-controlling Interest -101,715 13,610 8,831
Net Income Pertaining to Shareholders -473,223 -91,866 528,015

Cash Flow (JD)

2020 2019 2018
Cash Balance (Beginning) 732,662 551,053 476,987
Net Cash Flow from (Used in) Operating Activities 698,837 2,565,867 2,039,358
Net Cash Flow from (Used in) Investing Activities 445,011 -943,867 -1,763,667
Net Cash Flow from (Used in) Financing Activities -1,457,393 -1,440,391 -201,625
Cash Balance (Ending) 419,117 732,662 551,053

Financial Ratios

2020 2019 2018
Turnover Ratio % 15.100 37.000 25.690
Earnings Per Share (JD) -0.010 0.000 0.020
Dividends Per Share (JD) 0.000 0.000 0.030
Book Value Per Share (JD) 0.980 0.990 1.030
Price Earnings Ratio (Times) -28.270 -164.760 19.330
Dividend Yield % 0.000 0.000 10.340
Dividends Per Share to Earnings Per Share % 0.000 0.000 199.990
Price to Book Value (Times) 0.410 0.430 0.280
Return On Assets % -1.500 -0.200 1.300
Return On Equity % -1.440 -0.260 1.460
Debt Ratio % 10.040 6.600 6.470
Equity Ratio % 89.960 93.400 93.530
Interest Coverage Ratio (Times) 0.000 0.000 0.000
Total Assets Turnover (Times) 0.040 0.050 0.100
Fixed Assets Turnover (Times) 22.830 22.920 65.990
Working Capital Turnover (Times) 0.070 0.070 0.130
Current Ratio (Times) 8.270 12.260 12.840
Working Capital (JD) 25,158,436.000 28,831,200.000 31,593,198.000