Menu

Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 1.48 1.59 1.96
Value Traded (JD) 41,088,733 44,320,514 51,602,080
No. of Shares Traded 24,984,943 24,149,560 19,857,681
No. of Transactions 9,454 18,080 14,357
No. of Subscribed Shares 42,065,129 42,065,129 42,065,129
Market Capitalization (JD) 62,256,391 66,883,555 82,447,653
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Current Assets
Cash on Hand & at Banks 247,386 11,920,402 8,948
Financial Assets at Fair Value Through Profit 0 0 0
Real Estate Ready for Sale 0 0 0
Cheques to Be Collected 0 0 0
Other Current Assets 354,070 436,373 721,623
Total Current Assets 18,488,232 20,224,228 5,670,049
Non-Current Assets
Investments in Real Estates 40,820,060 42,542,092 39,827,254
Financial Assets at Fair Value Through Other Comprehensive Income 4,999,690 2,909,575 2,505,559
Fixed Assets, Net 2,506,128 2,562,830 2,622,198
Projects in Progress 3,080,376 3,070,911 3,063,443
Investments in Companies (Sister and Affiliate) 0 0 0
Other Non-Current Assets 0 0 6,503,839
Total Non-Current Assets 51,406,254 51,085,408 54,522,293
Total Assets 69,894,486 71,309,636 60,192,342

Liabilities (JD)

2019 2018 2017
Current Liabilities
Credit Banks 0 0 63,058
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 2,833,902 2,288,082 2,368,148
Other Current Liabilities 2,996,329 2,304,145 319,130
Total Current Liabilities 6,148,007 4,760,515 7,601,468
Non-Current Liabilities
Long Term Loan 11,990,774 13,772,246 2,044,801
Corporate Bonds 0 0 0
Other Non-Current Liabilities 0 0 0
Total Non-Current Liabilities 11,990,774 13,772,246 2,044,801
Total Liabilities 18,138,781 18,532,761 9,646,269

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 42,065,129 42,065,129 42,065,129
Subscribed Capital 42,065,129 42,065,129 42,065,129
Paid in Capital 42,065,129 42,065,129 42,065,129
Compulsory Reserves 2,174,694 2,082,418 1,717,194
Voluntary Reserve 1,495,745 1,495,745 1,495,745
Other Reserves 1,309,287 1,309,287 1,309,287
Issuance Premium 4,253,659 4,253,659 4,253,659
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 -1,771,859 -1,060,182 -137,770
Retained Earnings 2,229,050 2,630,819 -159,034
Total Owners' Equity (Pertaining to Company's Shareholders) 51,755,705 52,776,875 50,544,210
Non-controlling Interest 0 0 1,863
Total Owners' Equity 51,755,705 52,776,875 50,546,073
Total Liabilities & Owners' Equity 69,894,486 71,309,636 60,192,342

Income Statement (JD)

2019 2018 2017
Revenues
Lands and Apartments Sales Revenue 444,699 0 565,000
Rents and Services Revenue 2,822,862 2,833,127 2,816,465
Real Estate Revaluation 0 0 0
Total Operating Revenues 3,267,561 2,833,127 3,381,465
Profits From Sales of Securities 0 0 0
Securities Revaluation 0 0 0
Dividends 0 0 0
Companies Share of Sister and Affiliate Companies Profit 0 0 0
Other Revenues 0 2,808,326 2,500
Total Revenues 3,267,561 5,641,453 3,383,965
Expenses
Lands and Apartments Sales Expense 0 0 513,517
Rents and Services Expense 473,634 484,180 465,735
General and Administrative Expenses 592,081 618,336 638,014
Depreciation 489,830 492,357 86,448
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 21,122 84,894 21,790
Total Operating Expenses 1,086,837 1,187,410 1,639,056
Other Expenses 6,280 9,884 42,992
Profit Before Interest, Income Tax and Fees Expenses 2,174,444 4,444,159 1,701,917
Interest Expense 1,251,680 791,922 495,783
Profit Before Tax and Fees Expenses 922,764 3,652,237 1,206,134
Jordanian Universities Fees 0 0 0
Scientific Research Fees 0 0 0
Professional and Technical Training and Education Fees 0 0 0
Board Members Remuneration 0 0 0
Previous Years Income Tax 0 112,624 0
Income Tax 116,924 41,423 39,268
Net Profit 805,840 3,498,190 1,166,866
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders 805,840 3,498,190 1,166,866

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 11,920,402 -54,110 -160,951
Net Cash Flow from (Used in) Operating Activities 2,941,394 770,967 197,360
Net Cash Flow from (Used in) Investing Activities -2,365,164 3,292,480 3,024,978
Net Cash Flow from (Used in) Financing Activities -12,249,246 7,911,065 -3,115,497
Cash Balance (Ending) 247,386 11,920,402 -54,110

Financial Ratios

2019 2018 2017
Turnover Ratio % 59.400 57.410 47.210
Earnings Per Share (JD) 0.020 0.080 0.030
Dividends Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 1.230 1.250 1.200
Price Earnings Ratio (Times) 77.260 19.120 70.660
Dividend Yield % 0.000 0.000 0.000
Dividends Per Share to Earnings Per Share % 0.000 0.000 0.000
Price to Book Value (Times) 1.200 1.270 1.630
Return On Assets % 1.150 4.910 1.940
Return On Equity % 1.560 6.630 2.310
Debt Ratio % 25.950 25.990 16.030
Equity Ratio % 74.050 74.010 83.970
Interest Coverage Ratio (Times) 1.740 5.610 3.430
Total Assets Turnover (Times) 0.050 0.040 0.060
Fixed Assets Turnover (Times) 1.300 1.110 1.290
Working Capital Turnover (Times) 0.260 0.180 -1.750
Current Ratio (Times) 3.010 4.250 0.750
Working Capital (JD) 12,340,225.000 15,463,713.000 -1,931,419.000