THE JORDAN PIPES MANUFACTURING Financial
Trading Information in the Regular Market
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Par Value/Share (JD) | 1.00 | 1.00 | 1.00 |
| Closing Price (JD) | 0.55 | 0.75 | 2.17 |
| Value Traded (JD) | 3,217,801 | 15,291,786 | 35,912,075 |
| No. of Shares Traded | 4,709,136 | 15,098,169 | 18,841,255 |
| No. of Transactions | 4,968 | 15,416 | 18,319 |
| No. of Subscribed Shares | 3,575,000 | 3,575,000 | 3,575,000 |
| Market Capitalization (JD) | 1,966,250 | 2,681,250 | 7,757,750 |
| Fiscal Year Ended | 31/12/2020 | 31/12/2019 | 31/12/2018 |
Assets (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Cash on Hand & at Banks | 80,192 | 2,005 | 6,252 |
| Accounts Receivable, Net | 384,447 | 191,724 | 450,164 |
| Notes Receivable | 0 | 0 | 0 |
| Post Dated Cheques | 64,513 | 67,520 | 193,373 |
| Short Term Investments | 0 | 0 | 0 |
| Inventory | 2,736,717 | 2,996,396 | 3,952,625 |
| Spare Parts | 558,100 | 559,156 | 572,091 |
| Total Current Assets | 3,889,017 | 3,834,257 | 5,239,285 |
| Long Term Investments | 716,822 | 638,206 | 616,784 |
| Fixed Assets, Net | 1,368,889 | 1,450,187 | 1,299,878 |
| Lands | 28,076 | 28,076 | 28,297 |
| Projects in Progress | 0 | 63,387 | 194,413 |
| Total Fixed Assets | 1,396,965 | 1,541,650 | 1,522,588 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 6,002,804 | 6,014,113 | 7,378,657 |
Liabilities (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Accounts and Notes Payable | 108,576 | 93,206 | 87,664 |
| Credit Banks | 2,432,967 | 2,460,083 | 2,451,379 |
| Short Term Loans | 798,375 | 0 | 468,860 |
| Accrued Part of Long Term Loans | 0 | 0 | 0 |
| Total Current Liabilities | 3,517,207 | 2,730,056 | 3,204,935 |
| Long Term Loans & Notes Payable | 0 | 0 | 0 |
| Corporate Bonds | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | 3,517,207 | 2,730,056 | 3,204,935 |
Income Statement (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenues | 1,238,100 | 1,279,434 | 1,859,214 |
| Operating Expenses | 1,703,098 | 1,853,788 | 2,067,202 |
| Gross Profit | -464,998 | -574,354 | -207,988 |
| General and Administrative Expenses | 178,322 | 169,910 | 183,660 |
| Selling and Distribution Expenses | 12,246 | 21,697 | 48,296 |
| Depreciation (Period) | 94,998 | 93,201 | 82,578 |
| Other Operating Expenses | 0 | 36,800 | 134,000 |
| Net Operating Income | -655,566 | -802,761 | -573,944 |
| Other Revenues | 38,924 | 113,529 | 37,515 |
| Other Expenses | 0 | 0 | 0 |
| Income Before Interest & Tax | -616,642 | -689,232 | -536,429 |
| Interest Expenses | 181,544 | 200,433 | 195,258 |
| Net Income Before Tax | -798,186 | -889,665 | -731,687 |
| Income Tax (Period) | 404 | 0 | 0 |
| Income Tax (Previous Years) | 0 | 0 | 0 |
| Universities and Research Train Fees | 0 | 0 | 0 |
| Board of Directors Remuniration | 0 | 0 | 0 |
| Net Income | -798,590 | -889,665 | -731,687 |
| Non-controlling Interest | 0 | 0 | 0 |
| Net Income Pertains to Shareholders | -798,590 | -889,665 | -731,687 |
Cash Flow (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Cash Balance (Beginning) | 2,005 | 6,252 | 3,831 |
| Net Cash Flow from (Used in) Operating Activities | 134,407 | 149,911 | 64,219 |
| Net Cash Flow from (Used in) Investing Activities | -28,929 | -133,685 | -295,193 |
| Net Cash Flow from (Used in) Financing Activities | -27,291 | -20,473 | 233,395 |
| Cash Balance (Ending) | 80,192 | 2,005 | 6,252 |
Financial Ratios
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Turnover Ratio % | 131.724 | 422.326 | 527.028 |
| Earning Per Share (JD) | -0.223 | -0.249 | -0.205 |
| Dividend Per Share (JD) | 0.000 | 0.000 | 0.000 |
| Book Value Per Share (JD) | 0.695 | 0.919 | 1.168 |
| Price Earnings Ratio (Times) | -2.462 | -3.014 | -10.603 |
| Dividend Yield % | 0.000 | 0.000 | 0.000 |
| Dividend Per Share to Earning Per Share % | 0.000 | 0.000 | 0.000 |
| Price to Book Value (Times) | 0.791 | 0.816 | 1.859 |
| Gross Margin % | -37.557 | -44.891 | -11.187 |
| Margin Before Interest and Tax % | -49.806 | -53.870 | -28.853 |
| Profit Margin % | -64.501 | -69.536 | -39.355 |
| Return On Assets % | -13.304 | -14.793 | -9.916 |
| Return On Equity % | -32.129 | -27.090 | -17.531 |
| Debt Ratio % | 58.593 | 45.394 | 43.435 |
| Equity Ratio % | 41.407 | 54.606 | 56.565 |
| Interest Coverage Ratio (Times) | -3.397 | -3.439 | -2.747 |
| Total Assets Turnover (Times) | 0.206 | 0.213 | 0.252 |
| Fixed Assets Turnover (Times) | 0.886 | 0.830 | 1.221 |
| Working Capital Turnover (Times) | 3.330 | 1.159 | 0.914 |
| Current Ratio (Times) | 1.106 | 1.405 | 1.635 |
| Working Capital (JD) | 371,810.000 | 1,104,201.000 | 2,034,350.000 |