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Trading Information in the Regular Market

2021 2020 2019
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 2.02 2.28 3.16
Value Traded (JD) 345,695 463,089 68,806
No. of Shares Traded 160,325 184,316 21,321
No. of Transactions 89 24 37
No. of Subscribed Shares 10,000,000 10,000,000 10,000,000
Market Capitalization (JD) 20,200,000 22,800,000 31,600,000
Fiscal Year Ended 31/12/2021 31/12/2020 31/12/2019

Assets (JD)

2021 2020 2019
Cash on Hand & at Banks 3,828,888 1,785,782 4,531,355
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 68,828 67,518 81,231
Spare Parts 0 0 0
Total Current Assets 4,467,923 2,270,664 5,747,309
Long Term Investments 1,400 100 30,100
Fixed Assets, Net 23,323,179 24,617,871 23,113,711
Lands 751,011 751,011 751,011
Projects in Progress 151,027 11,300 3,275,983
Total Fixed Assets 24,225,217 25,380,182 27,140,705
Other Assets 3,228,791 1,474,022 846,376
Total Assets 31,923,331 29,124,968 33,764,490

Liabilities (JD)

2021 2020 2019
Credit Banks 0 0 0
Short Term Loans 0 0 0
Current Part of Long Term Loans 162,592 0 0
Total Current Liabilities 3,264,004 2,205,796 3,874,050
Long Term Loans & Notes Payable 1,156,530 0 0
Corporate Bonds 0 0 0
Other Liabilities 3,232,820 843,039 773,881
Total Liabilities 7,653,354 3,048,835 4,647,931

Shareholders Equity (JD)

2021 2020 2019
Authorized Capital 10,000,000 10,000,000 10,000,000
Subscribed Capital 10,000,000 10,000,000 10,000,000
Paid in Capital 10,000,000 10,000,000 10,000,000
Compulsory Reserves 2,569,247 2,569,247 2,569,247
Voluntary Reserve 3,800,824 3,800,824 3,800,824
Other Reserves 0 0 0
Purchase of Non-controlling interest differences 0 0 0
Issuance Premium 505,173 505,173 505,173
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 -30,000 -30,000 0
Retained Earnings 7,424,733 9,230,889 12,241,315
Total Shareholders Equity 24,269,977 26,076,133 29,116,559
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 31,923,331 29,124,968 33,764,490

Income Statement (JD)

2021 2020 2019
Operating Revenues 7,622,787 5,868,806 16,799,355
Operating Expenses 7,136,789 6,951,838 13,066,324
Gross Profit 485,998 -1,083,032 3,733,031
General and Administrative Expenses 2,619,322 2,765,432 567,458
Selling and Distribution Expenses 0 0 0
Depreciation (Period) 1,903,813 2,338,442 1,974,241
Other Operating Expenses 0 0 1,974,241
Net Operational Income -2,133,324 -3,848,464 1,191,332
Other Revenues 91,644 155,782 362,943
Other Expenses 0 0 39,940
Income Before Interest & Tax -2,041,680 -3,692,682 1,514,335
Interest Expenses 166,408 68,259 73,755
Net Income Before Tax -2,208,088 -3,760,941 1,440,580
Income Tax (period) -407,332 -755,915 293,799
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 5,400 5,400 45,000
Net Income -1,806,156 -3,010,426 1,101,781
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders -1,806,156 -3,010,426 1,101,781

Cash Flow (JD)

2021 2020 2019
Cash Balance (Beginning) 1,785,782 4,531,355 7,605,012
Net Cash Flow from (Used in) Operating Activities 303,691 -2,195,647 3,784,825
Net Cash Flow from (Used in) Investing Activities -561,608 -411,836 -3,762,365
Net Cash Flow from (Used in) Financing Activities 2,301,023 -138,090 -3,096,117
Cash Balance (Ending) 3,828,888 1,785,782 4,531,355

Financial Ratios

2021 2020 2019
Turnover Ratio % 1.603 1.843 0.213
Earning Per Share (JD) -0.181 -0.301 0.110
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 2.427 2.608 2.912
Price Earnings Ratio (Times) -11.184 -7.574 28.681
Dividend Yield % 0.000 0.000 0.000
Dividends Per Share to Earning Per Share % 0.000 0.000 0.000
Price to Book Value (Times) 0.8323 0.8744 1.0853
Gross Margin % 6.376 -18.454 22.221
Margin Before Interest and Tax % -26.784 -62.921 9.014
Profit Margin % -23.694 -51.295 6.559
Return On Assets % -5.658 -10.336 3.263
Return On Equity % -7.442 -11.545 3.784
Debt Ratio % 23.974 10.468 13.766
Equity Ratio % 76.026 89.532 86.234
Interest Coverage Ratio (Times) -12.269 -54.098 20.532
Total Assets Turnover (Times) 0.239 0.202 0.498
Fixed Assets Turnover (Times) 0.315 0.231 0.619
Working Capital Turnover (Times) 6.332 90.473 8.968
Current Ratio (Times) 1.369 1.029 1.484
Working Capital (JD) 1,203,919.000 64,868.000 1,873,259.000