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NATIONAL STEEL INDUSTRY Financial

Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 1.00 1.85 1.50
Value Traded (JD) 77,861 162,041 161,054
No. of Shares Traded 58,897 107,823 122,426
No. of Transactions 182 374 414
No. of Subscribed Shares 2,941,768 2,941,768 2,941,768
Market Capitalization (JD) 2,941,768 5,442,271 4,412,652
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 411,228 87,094 142,992
Notes Receivable 0 0 0
Post Dated Cheques 0 0 0
Short Term Investments 0 0 0
Inventory 1,456,168 2,031,802 2,739,638
Spare Parts 660,161 616,095 453,509
Total Current Assets 3,115,426 3,085,973 4,145,918
Long Term Investments 183,651 216,651 266,651
Fixed Assets, Net 4,018,695 4,148,970 4,251,515
Lands 1,409,835 1,409,835 1,409,835
Projects in Progress 55,876 66,762 51,433
Total Fixed Assets 5,484,406 5,625,567 5,712,783
Other Assets 200,393 341,253 356,544
Total Assets 8,983,876 9,269,444 10,481,896

Liabilities (JD)

2019 2018 2017
Credit Banks 0 0 0
Short Term Loans 283,599 283,599 283,599
Accrued Part of Long Term Loans 0 0 0
Total Current Liabilities 3,733,964 3,766,787 5,501,643
Long Term Loans & Notes Payable 283,604 567,203 850,802
Corporate Bonds 0 0 0
Other Liabilities 0 0 0
Total Liabilities 4,017,568 4,333,990 6,352,445

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 2,941,768 2,941,768 3,000,000
Subscribed Capital 2,941,768 2,941,768 2,941,768
Paid in Capital 2,941,768 2,941,768 2,941,768
Compulsory Reserves 735,442 735,442 709,888
Voluntary Reserve 0 0 0
Other Reserves 0 0 0
Issuance Premium 0 0 0
Issuance Discount 30,821 61,640 92,459
Treasury Stocks 0 0 0
Cash Dividends 0 147,088 0
Stock Dividends 0 0 0
Accumulated Change in Fair Value -100,000 -67,000 -17,000
Retained Earnings 1,419,919 1,239,796 587,254
Total Shareholders Equity 4,966,308 4,935,454 4,129,451
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 8,983,876 9,269,444 10,481,896

Income Statement (JD)

2019 2018 2017
Operating Revenues 24,246,890 29,805,209 23,105,443
Operating Expenses 23,534,994 28,598,988 22,001,288
Gross Profit 711,896 1,206,221 1,104,155
General and Administrative Expenses 331,757 437,693 415,486
Selling and Distribution Expenses 0 0 0
Depreciation (Period) 180,518 183,123 137,753
Other Operating Expenses 40,350 39,898 51,319
Net Operating Income 339,789 728,630 637,350
Other Revenues 9,690 131,845 7,918
Other Expenses 0 0 0
Income Before Interest & Tax 349,479 860,475 645,268
Interest Expenses 0 0 0
Net Income Before Tax 349,479 860,475 645,268
Income Tax (Period) 73,391 117,667 87,538
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 20,000 20,000
Net Income 276,088 722,808 537,730
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders 276,088 722,808 537,730

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 87,094 142,992 105,275
Net Cash Flow from (Used in) Operating Activities 770,946 950,762 1,249,612
Net Cash Flow from (Used in) Investing Activities -8,538 -65,088 -510,310
Net Cash Flow from (Used in) Financing Activities -438,274 -941,572 -701,585
Cash Balance (Ending) 411,228 87,094 142,992

Financial Ratios

2019 2018 2017
Turnover Ratio % 2.002 3.665 4.162
Earning Per Share (JD) 0.094 0.246 0.183
Dividend Per Share (JD) 0.000 0.050 0.000
Book Value Per Share (JD) 1.688 1.678 1.404
Price Earnings Ratio (Times) 10.655 7.529 8.206
Dividend Yield % 0.000 2.703 0.000
Dividend Per Share to Earning Per Share % 0.000 20.350 0.000
Price to Book Value (Times) 0.592 1.103 1.069
Gross Margin % 2.936 4.047 4.779
Margin Before Interest and Tax % 1.441 2.887 2.793
Profit Margin % 1.139 2.425 2.327
Return On Assets % 3.073 7.798 5.130
Return On Equity % 5.559 14.645 13.022
Debt Ratio % 44.720 46.756 60.604
Equity Ratio % 55.280 53.244 39.396
Interest Coverage Ratio (Times) 0.000 0.000 0.000
Total Assets Turnover (Times) 2.699 3.215 2.204
Fixed Assets Turnover (Times) 4.421 5.298 4.045
Working Capital Turnover (Times) -39.200 -43.779 -17.043
Current Ratio (Times) 0.834 0.819 0.754
Working Capital (JD) -618,538.000 -680,814.000 -1,355,725.000