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Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 1.74 0.50 0.65
Value Traded (JD) 5,259,693 559,652 4,523,092
No. of Shares Traded 4,202,430 1,008,628 3,575,480
No. of Transactions 4,815 1,774 4,507
No. of Subscribed Shares 11,615,912 11,615,912 11,615,912
Market Capitalization (JD) 20,211,687 5,807,956 7,550,343
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 580,631 395,323 539,909
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 2,318,119 2,883,750 3,071,965
Spare Parts 0 0 0
Total Current Assets 8,636,086 9,493,207 11,229,199
Long Term Investments 0 0 0
Fixed Assets, Net 3,095,734 2,374,665 2,709,421
Lands 217,211 217,211 0
Projects in Progress 0 418,479 0
Total Fixed Assets 3,312,945 3,010,355 2,709,421
Other Assets 674,719 677,683 76,138
Total Assets 12,623,750 13,181,245 14,014,758

Liabilities (JD)

2019 2018 2017
Credit Banks 512,484 419,487 335,717
Short Term Loans 2,647,273 3,342,066 2,855,934
Accrued Part of Long Term Loans 283,200 122,221 0
Total Current Liabilities 6,026,996 6,731,973 5,279,785
Long Term Loans & Notes Payable 403,650 277,779 0
Corporate Bonds 0 0 0
Other Liabilities 0 0 0
Total Liabilities 6,430,646 7,009,752 5,279,785

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 11,615,912 11,615,912 11,615,912
Subscribed Capital 11,615,912 11,615,912 11,615,912
Paid in Capital 11,615,912 11,615,912 11,615,912
Compulsory Reserves 589,826 587,368 587,368
Voluntary Reserve 1,002 1,002 1,002
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 -6,020,625 -6,039,778 -3,476,298
Total Shareholders Equity 6,186,115 6,164,504 8,727,984
Non-controlling Interest 6,989 6,989 6,989
Total Liabilities & Shareholders Equity 12,623,750 13,181,245 14,014,758

Income Statement (JD)

2019 2018 2017
Operating Revenues 13,821,571 13,644,354 10,313,228
Operating Expenses 9,821,752 9,709,451 7,127,291
Gross Profit 3,999,819 3,934,903 3,185,937
General and Administrative Expenses 835,128 897,669 834,240
Selling and Distribution Expenses 2,748,667 2,852,399 2,022,317
Depreciation (Period) 254,331 297,692 321,553
Other Operating Expenses 83,839 164,182 318,044
Net Operating Income 332,185 20,653 11,336
Other Revenues 15,854 18,646 469,387
Other Expenses 81,165 165,573 0
Income Before Interest & Tax 266,874 -126,274 480,723
Interest Expenses 242,299 222,009 134,046
Net Income Before Tax 24,575 -348,283 346,677
Income Tax (Period) 2,964 -601,545 36,378
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income 21,611 253,262 310,299
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders 21,611 253,262 310,299

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) -24,164 204,192 1,324,082
Net Cash Flow from (Used in) Operating Activities 1,299,474 -293,853 -629,204
Net Cash Flow from (Used in) Investing Activities -556,921 -598,626 -94,739
Net Cash Flow from (Used in) Financing Activities -650,242 664,123 -395,947
Cash Balance (Ending) 68,147 -24,164 204,192

Financial Ratios

2019 2018 2017
Turnover Ratio % 36.178 8.683 30.781
Earning Per Share (JD) 0.002 0.022 0.027
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.533 0.531 0.751
Price Earnings Ratio (Times) 935.250 22.933 24.333
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) 3.267 0.942 0.865
Gross Margin % 28.939 28.839 30.892
Margin Before Interest and Tax % 1.931 -0.926 4.661
Profit Margin % 0.156 1.856 3.009
Return On Assets % 0.171 1.921 2.214
Return On Equity % 0.349 4.108 3.555
Debt Ratio % 50.941 53.180 37.673
Equity Ratio % 49.059 46.820 62.327
Interest Coverage Ratio (Times) 1.101 -0.569 3.586
Total Assets Turnover (Times) 1.095 1.035 0.736
Fixed Assets Turnover (Times) 4.172 4.533 3.806
Working Capital Turnover (Times) 5.298 4.941 1.734
Current Ratio (Times) 1.433 1.410 2.127
Working Capital (JD) 2,609,090.000 2,761,234.000 5,949,414.000