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Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.22 0.28 0.34
Value Traded (JD) 166,457 18,963 2,368
No. of Shares Traded 657,961 60,170 5,807
No. of Transactions 846 99 25
No. of Subscribed Shares 4,600,000 4,600,000 4,600,000
Market Capitalization (JD) 1,012,000 1,288,000 1,564,000
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 12,619 16,821 46,230
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 1,386,844 1,679,805 1,475,987
Spare Parts 139,645 153,247 177,667
Total Current Assets 2,031,970 2,510,736 2,319,805
Long Term Investments 26,916 26,916 89,781
Fixed Assets, Net 1,256,040 1,456,605 1,470,183
Lands 68,953 68,953 68,953
Projects in Progress 0 0 0
Total Fixed Assets 1,324,993 1,525,558 1,539,136
Other Assets 75,912 0 0
Total Assets 3,459,791 4,063,210 3,948,722

Liabilities (JD)

2019 2018 2017
Credit Banks 423,625 648,121 0
Short Term Loans 0 0 322,630
Accrued Part of Long Term Loans 0 0 0
Total Current Liabilities 1,392,958 1,223,330 860,715
Long Term Loans & Notes Payable 0 0 0
Corporate Bonds 0 0 0
Other Liabilities 65,160 0 0
Total Liabilities 1,458,118 1,223,330 860,715

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 4,600,000 4,600,000 4,600,000
Subscribed Capital 4,600,000 4,600,000 4,600,000
Paid in Capital 4,600,000 4,600,000 4,600,000
Compulsory Reserves 181,803 181,803 181,803
Voluntary Reserve 0 0 0
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 -286,590 -286,590 -223,725
Retained Earnings -2,493,540 -1,655,333 -1,470,071
Total Shareholders Equity 2,001,673 2,839,880 3,088,007
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 3,459,791 4,063,210 3,948,722

Income Statement (JD)

2019 2018 2017
Operating Revenues 589,738 1,103,917 1,500,347
Operating Expenses 1,108,253 905,249 1,583,442
Gross Profit -518,515 198,668 -83,095
General and Administrative Expenses 217,568 275,635 328,387
Selling and Distribution Expenses 52,859 74,506 78,334
Depreciation (Period) 204,881 16,482 17,038
Other Operating Expenses 9,480 0 50,942
Net Operating Income -798,422 -151,473 -540,758
Other Revenues 16,908 1,759 0
Other Expenses 0 0 0
Income Before Interest & Tax -781,514 -149,714 -540,758
Interest Expenses 56,693 35,548 25,300
Net Income Before Tax -838,207 -185,262 -566,058
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 -838,207 -185,262 -566,058
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders -838,207 -185,262 -566,058

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 16,821 46,230 44,073
Net Cash Flow from (Used in) Operating Activities 219,566 -351,996 31,985
Net Cash Flow from (Used in) Investing Activities 19,728 -2,904 -1,780
Net Cash Flow from (Used in) Financing Activities -243,496 325,491 -28,048
Cash Balance (Ending) 12,619 16,821 46,230

Financial Ratios

2019 2018 2017
Turnover Ratio % 14.304 1.308 0.126
Earning Per Share (JD) -0.182 -0.040 -0.123
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.435 0.617 0.671
Price Earnings Ratio (Times) -1.207 -6.952 -2.763
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) 0.506 0.454 0.507
Gross Margin % -87.923 17.997 -5.538
Margin Before Interest and Tax % -132.519 -13.562 -36.042
Profit Margin % -142.132 -16.782 -37.729
Return On Assets % -24.227 -4.560 -14.335
Return On Equity % -41.875 -6.524 -18.331
Debt Ratio % 42.145 30.108 21.797
Equity Ratio % 57.855 69.893 78.203
Interest Coverage Ratio (Times) -13.785 -4.212 -21.374
Total Assets Turnover (Times) 0.171 0.272 0.380
Fixed Assets Turnover (Times) 0.445 0.724 0.975
Working Capital Turnover (Times) 0.923 0.858 1.028
Current Ratio (Times) 1.459 2.052 2.695
Working Capital (JD) 639,012.000 1,287,406.000 1,459,090.000