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Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.75 2.17 0.75
Value Traded (JD) 15,291,786 35,912,075 2,572,739
No. of Shares Traded 15,098,169 18,841,255 3,089,000
No. of Transactions 15,416 18,319 3,699
No. of Subscribed Shares 3,575,000 3,575,000 3,575,000
Market Capitalization (JD) 2,681,250 7,757,750 2,681,250
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 2,005 6,252 3,831
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 2,996,396 3,952,625 3,821,260
Spare Parts 559,156 572,091 594,026
Total Current Assets 3,834,257 5,239,285 5,477,234
Long Term Investments 638,206 616,784 604,009
Fixed Assets, Net 1,450,187 1,299,878 1,276,510
Lands 28,076 28,297 28,297
Projects in Progress 63,387 194,413 17,941
Total Fixed Assets 1,541,650 1,522,588 1,322,748
Other Assets 0 0 0
Total Assets 6,014,113 7,378,657 7,403,991

Liabilities (JD)

2019 2018 2017
Credit Banks 2,460,083 2,451,379 2,215,326
Short Term Loans 0 468,860 0
Accrued Part of Long Term Loans 0 0 0
Total Current Liabilities 2,730,056 3,204,935 2,498,582
Long Term Loans & Notes Payable 0 0 0
Corporate Bonds 0 0 0
Other Liabilities 0 0 0
Total Liabilities 2,730,056 3,204,935 2,498,582

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 3,575,000 3,575,000 3,575,000
Subscribed Capital 3,575,000 3,575,000 3,575,000
Paid in Capital 3,575,000 3,575,000 3,575,000
Compulsory Reserves 1,007,789 1,007,789 1,007,789
Voluntary Reserve 0 917,000 917,000
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 0 0 0
Retained Earnings -1,298,732 -1,326,067 -594,380
Total Shareholders Equity 3,284,057 4,173,722 4,905,409
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 6,014,113 7,378,657 7,403,991

Income Statement (JD)

2019 2018 2017
Operating Revenues 1,279,434 1,859,214 1,765,299
Operating Expenses 1,853,788 2,067,202 1,620,363
Gross Profit -574,354 -207,988 144,936
General and Administrative Expenses 169,910 183,660 159,883
Selling and Distribution Expenses 21,697 48,296 21,422
Depreciation (Period) 93,201 82,578 83,601
Other Operating Expenses 36,800 134,000 0
Net Operating Income -802,761 -573,944 -36,369
Other Revenues 113,529 37,515 95,134
Other Expenses 0 0 0
Income Before Interest & Tax -689,232 -536,429 58,765
Interest Expenses 200,433 195,258 128,246
Net Income Before Tax -889,665 -731,687 -69,481
Income Tax (Period) 0 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 -889,665 -731,687 -69,481
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders -889,665 -731,687 -69,481

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 6,252 3,831 932
Net Cash Flow from (Used in) Operating Activities 149,911 64,219 -349,323
Net Cash Flow from (Used in) Investing Activities -133,685 -295,193 -66,368
Net Cash Flow from (Used in) Financing Activities -20,473 233,395 418,590
Cash Balance (Ending) 2,005 6,252 3,831

Financial Ratios

2019 2018 2017
Turnover Ratio % 422.326 527.028 86.406
Earning Per Share (JD) -0.249 -0.205 -0.019
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.919 1.168 1.372
Price Earnings Ratio (Times) -3.014 -10.603 -38.590
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) 0.816 1.859 0.547
Gross Margin % -44.891 -11.187 8.210
Margin Before Interest and Tax % -53.870 -28.853 3.329
Profit Margin % -69.536 -39.355 -3.936
Return On Assets % -14.793 -9.916 -0.938
Return On Equity % -27.090 -17.531 -1.416
Debt Ratio % 45.394 43.435 33.746
Equity Ratio % 54.606 56.565 66.254
Interest Coverage Ratio (Times) -3.439 -2.747 0.458
Total Assets Turnover (Times) 0.213 0.252 0.238
Fixed Assets Turnover (Times) 0.830 1.221 1.335
Working Capital Turnover (Times) 1.159 0.914 0.593
Current Ratio (Times) 1.405 1.635 2.192
Working Capital (JD) 1,104,201.000 2,034,350.000 2,978,652.000