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Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 2.16 2.03 1.88
Value Traded (JD) 398,132 2,137,768 1,247,643
No. of Shares Traded 204,348 1,179,238 702,558
No. of Transactions 118 175 712
No. of Subscribed Shares 10,800,000 10,800,000 10,800,000
Market Capitalization (JD) 23,328,000 21,924,000 20,304,000
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 1,584,291 1,925,633 2,005,830
Notes Receivable 0 0 0
Short Term Investments 135,653 163,284 179,103
Inventory 0 0 0
Spare Parts 2,574,124 2,336,236 2,632,960
Total Current Assets 7,653,411 7,653,175 7,867,448
Long Term Investments 1,859,428 2,297,303 2,272,663
Fixed Assets, Net 11,218,836 10,670,602 10,428,341
Lands 3,844,698 2,945,433 2,282,865
Projects in Progress 0 0 0
Total Fixed Assets 15,063,534 13,616,035 12,711,206
Other Assets 2,518,308 1,182,407 1,497,380
Total Assets 27,094,681 24,748,920 24,348,697

Liabilities (JD)

2019 2018 2017
Credit Banks 0 0 220,570
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 400,008 400,008 400,008
Total Current Liabilities 4,127,060 3,472,884 3,337,094
Long Term Loans & Notes Payable 599,972 999,980 1,399,988
Corporate Bonds 0 0 0
Other Liabilities 919,932 0 0
Total Liabilities 5,646,964 4,472,864 4,737,082

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 10,800,000 10,800,000 10,800,000
Subscribed Capital 10,800,000 10,800,000 10,800,000
Paid in Capital 10,800,000 10,800,000 10,800,000
Compulsory Reserves 2,424,653 2,356,095 2,356,095
Voluntary Reserve 2,263,552 2,263,552 2,263,552
Other Reserves 0 0 0
Purchase of Non-controlling interest differences 0 0 0
Issuance Premium 0 0 0
Issuance Discount 0 0 0
Treasury Stocks 0 0 0
Cash Dividends 0 1,296,000 1,296,000
Stock Dividends 0 0 0
Accumulated Change in Fair Value -709,473 -271,598 -296,238
Retained Earnings 6,626,554 3,790,374 3,148,744
Total Shareholders Equity 21,405,286 20,234,423 19,568,153
Non-controlling Interest 42,431 41,633 43,462
Total Liabilities & Shareholders Equity 27,094,681 24,748,920 24,348,697

Income Statement (JD)

2019 2018 2017
Operating Revenues 31,006,409 28,377,182 25,574,268
Operating Expenses 23,862,363 22,531,331 19,683,016
Gross Profit 7,144,046 5,845,851 5,891,252
General and Administrative Expenses 3,433,303 3,374,251 3,333,596
Selling and Distribution Expenses 0 0 0
Depreciation (Period) 2,817,468 2,463,625 2,542,549
Other Operating Expenses 110,000 0 0
Net Operational Income 3,600,743 2,471,600 2,557,656
Other Revenues 398,462 526,774 399,089
Other Expenses 390,035 335,819 605,637
Income Before Interest & Tax 3,609,170 2,662,555 2,351,108
Interest Expenses 49,434 65,618 56,365
Net Income Before Tax 3,559,736 2,596,937 2,294,743
Income Tax (period) 597,567 602,674 607,039
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 35,000 35,000 35,000
Net Income 2,927,169 1,959,263 1,652,704
Non-controlling Interest 22,431 21,633 23,462
Net Income Pertains to Shareholders 2,904,738 1,937,630 1,629,242

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 2,134,344 1,913,626 763,062
Net Cash Flow from (Used in) Operating Activities 5,315,671 4,972,479 3,539,449
Net Cash Flow from (Used in) Investing Activities -3,549,728 -2,973,616 -2,722,783
Net Cash Flow from (Used in) Financing Activities -2,180,959 -1,778,145 333,898
Cash Balance (Ending) 1,719,328 2,134,344 1,913,626

Financial Ratios

2019 2018 2017
Turnover Ratio % 1.892 10.919 6.505
Earning Per Share (JD) 0.269 0.179 0.151
Dividend Per Share (JD) 0.000 0.120 0.120
Book Value Per Share (JD) 1.982 1.874 1.812
Price Earnings Ratio (Times) 8.031 11.315 12.462
Dividend Yield % 0.000 5.911 6.383
Dividends Per Share to Earning Per Share % 0.000 66.886 79.546
Price to Book Value (Times) 1.0898 1.0835 1.0376
Gross Margin % 23.041 20.601 23.036
Margin Before Interest and Tax % 11.640 9.383 9.193
Profit Margin % 9.441 6.904 6.462
Return On Assets % 10.804 7.917 6.788
Return On Equity % 13.570 9.576 8.326
Debt Ratio % 20.842 18.073 19.455
Equity Ratio % 79.002 81.759 80.366
Interest Coverage Ratio (Times) 73.010 40.577 41.712
Total Assets Turnover (Times) 1.144 1.147 1.050
Fixed Assets Turnover (Times) 2.058 2.084 2.012
Working Capital Turnover (Times) 8.793 6.788 5.645
Current Ratio (Times) 1.854 2.204 2.358
Working Capital (JD) 3,526,351.000 4,180,291.000 4,530,354.000