Menu

Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 2.30 3.00 3.36
Value Traded (JD) 676,312 727,058 916,002
No. of Shares Traded 278,837 244,785 274,169
No. of Transactions 531 533 432
No. of Subscribed Shares 15,000,000 15,000,000 15,000,000
Market Capitalization (JD) 34,500,000 45,000,000 50,400,000
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 5,864,207 4,180,618 374,300
Notes Receivable 0 0 0
Short Term Investments 2,713,199 2,927,962 2,756,308
Inventory 3,701,937 3,963,167 3,248,783
Spare Parts 122,593 1,590,858 3,022,583
Total Current Assets 14,601,239 15,537,961 15,704,201
Long Term Investments 51,892,026 55,098,366 57,711,811
Fixed Assets, Net 148,661 186,106 233,575
Lands 85,404 85,404 85,404
Projects in Progress 0 0 0
Total Fixed Assets 234,065 271,510 318,979
Other Assets 0 0 0
Total Assets 66,727,330 70,907,837 73,734,991

Liabilities (JD)

2019 2018 2017
Credit Banks 522,481 570,966 85,783
Short Term Loans 416,141 640,498 1,072,605
Accrued Part of Long Term Loans 0 0 0
Total Current Liabilities 1,799,199 1,896,016 1,878,338
Long Term Loans & Notes Payable 0 0 0
Corporate Bonds 0 0 0
Other Liabilities 1,196,949 1,190,559 1,131,204
Total Liabilities 2,996,148 3,086,575 3,009,542

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 15,000,000 15,000,000 15,000,000
Subscribed Capital 15,000,000 15,000,000 15,000,000
Paid in Capital 15,000,000 15,000,000 15,000,000
Compulsory Reserves 12,532,243 12,532,243 12,532,243
Voluntary Reserve 10,000,000 10,000,000 10,000,000
Other Reserves 9,333,000 9,333,000 9,333,000
Issuance Premium 50,000 50,000 50,000
Issuance Discount 0 0 0
Treasury Stocks 0 0 0
Cash Dividends 2,700,000 3,375,000 3,375,000
Stock Dividends 0 0 0
Accumulated Change in Fair Value 381,705 3,628,610 6,408,325
Retained Earnings 9,319,022 9,149,782 9,041,813
Total Shareholders Equity 59,315,970 63,068,635 65,740,381
Non-controlling Interest 4,415,212 4,752,627 4,985,068
Total Liabilities & Shareholders Equity 66,727,330 70,907,837 73,734,991

Income Statement (JD)

2019 2018 2017
Operating Revenues 6,331,274 6,027,577 8,357,707
Operating Expenses 4,034,300 3,297,287 4,378,139
Gross Profit 2,296,974 2,730,290 3,979,568
General and Administrative Expenses 1,219,059 1,206,580 1,624,081
Selling and Distribution Expenses 57,928 79,973 83,947
Depreciation (Period) 38,021 47,469 89,977
Other Operating Expenses 0 0 0
Net Operating Income 1,019,987 1,443,737 2,271,540
Other Revenues 2,781,038 2,936,935 2,485,907
Other Expenses 0 0 130,273
Income Before Interest & Tax 3,801,025 4,380,672 4,627,174
Interest Expenses 92,236 87,213 127,571
Net Income Before Tax 3,708,789 4,293,459 4,499,603
Income Tax (Period) 367,892 305,000 429,374
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 100,000 100,000 100,000
Net Income 3,240,897 3,888,459 3,970,229
Non-controlling Interest 371,657 433,174 566,533
Net Income Pertains to Shareholders 2,869,240 3,455,285 3,403,696

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 4,180,618 374,300 1,865,060
Net Cash Flow from (Used in) Operating Activities 3,643,287 5,561,206 1,658,442
Net Cash Flow from (Used in) Investing Activities 2,188,144 2,043,514 350,907
Net Cash Flow from (Used in) Financing Activities -4,147,842 -3,798,402 -3,500,109
Cash Balance (Ending) 5,864,207 4,180,618 374,300

Financial Ratios

2019 2018 2017
Turnover Ratio % 1.859 1.632 1.828
Earning Per Share (JD) 0.191 0.230 0.227
Dividend Per Share (JD) 0.180 0.225 0.225
Book Value Per Share (JD) 3.954 4.205 4.383
Price Earnings Ratio (Times) 12.024 13.024 14.807
Dividend Yield % 7.826 7.500 6.696
Dividend Per Share to Earning Per Share % 94.102 97.677 99.157
Price to Book Value (Times) 0.582 0.714 0.767
Gross Margin % 36.280 45.297 47.616
Margin Before Interest and Tax % 60.036 72.677 55.364
Profit Margin % 51.189 64.511 47.504
Return On Assets % 4.857 5.484 5.385
Return On Equity % 4.837 5.479 5.178
Debt Ratio % 4.490 4.353 4.082
Equity Ratio % 95.510 95.647 95.918
Interest Coverage Ratio (Times) 41.210 50.230 36.271
Total Assets Turnover (Times) 0.095 0.085 0.113
Fixed Assets Turnover (Times) 27.049 22.200 26.201
Working Capital Turnover (Times) 0.495 0.442 0.605
Current Ratio (Times) 8.115 8.195 8.361
Working Capital (JD) 12,802,040.000 13,641,945.000 13,825,863.000