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Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.48 0.53 0.55
Value Traded (JD) 12,028,300 16,712,557 24,292,475
No. of Shares Traded 23,872,457 33,201,593 38,384,537
No. of Transactions 3,901 6,223 7,494
No. of Subscribed Shares 47,000,000 47,000,000 47,000,000
Market Capitalization (JD) 22,560,000 24,910,000 25,850,000
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 1,881,241 2,310,750 2,500,690
Checks, bills of collection 14,000 61,000 0
Other debit balances 185,121 170,112 57,553
Financial Assets at Fair Value Through Profit 129,448 154,933 276,139
Other Current Assets 8,878,419 9,538,929 10,951,743
Total Current Assets 12,862,828 14,130,323 15,560,724
Financial Assets at Fair Value Through Other Comprehensive Income 1,845,950 1,772,932 2,068,290
Real estate investments 32,125,677 31,081,200 30,991,665
Investments in Sister, Subsidiary, Allied companies 11,123,733 11,965,824 12,262,436
Fixed Assets, Net 37,462 4,756 5,869
Other Assets 5,974,526 6,810,230 5,869,612
Total non-current assets 51,107,348 51,634,942 51,197,872
Total Assets 63,970,176 65,765,265 66,758,596

Liabilities (JD)

2019 2018 2017
Credit Banks 0 0 0
Short Term Loans 781,205 758,749 1,117,987
Other Current Liabilities 1,057,993 1,001,764 974,990
Total Current Liabilities 1,924,913 1,912,691 2,366,012
Long Term Loans & Notes Payable 3,430,601 3,948,190 3,479,332
Corporate Bonds 0 0 0
Other Liabilities 7,313,540 7,141,499 7,113,806
Total Liabilities 12,669,054 13,002,380 12,959,150

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 47,000,000 47,000,000 47,000,000
Subscribed and Paid-in Capital 47,000,000 47,000,000 47,000,000
Compulsory Reserves 7,598,646 7,598,646 7,598,646
Voluntary Reserve 4,498,152 4,498,152 4,498,152
Other Reserves 0 0 0
Issuance Premium 0 0 0
Issuance Discount 0 0 0
Treasury Stocks 5,008,733 5,008,733 5,008,733
Cash Dividends 0 0 0
Stock Dividends 0 0 0
Accumulated Change in Fair Value -1,044,131 -1,079,075 -775,333
Retained Earnings -1,936,416 -425,772 304,170
Total Shareholders Equity 51,107,518 52,583,218 53,616,902
Non-controlling Interest 193,604 179,667 182,544
Total equity 51,301,122 52,762,885 53,799,446
Total Liabilities & Shareholders Equity 63,970,176 65,765,265 66,758,596

Income Statement (JD)

2019 2018 2017
Net brokerage commissions 0 0 0
Administrative and advisory fees 0 0 0
Interest revenues 0 0 0
Gain From Financial Assets at Fair Value Through Profit 0 0 -284
Gain From Financial Assets at Fair Value Through Other Comprehensive Income 0 0 0
Earnings from differences on assessment of financial assets 0 0 241,404
The company's share of Sister,subsidiary, allied companies -540,201 -287,536 -188,184
Other Revenues 851,844 1,897,535 572,070
Total revenues 311,643 1,609,999 625,006
Realized losses of financial assets 0 5,488 0
Unrealized losses from Low assessment of financial assets 273,190 168,418 0
General and administrative expenses 674,747 625,103 593,097
Interest expenses 314,347 297,597 317,507
Allowance For Doubtful Accounts 0 0 0
Depreciation (Period) 0 0 0
Other Expenses 459,581 1,211,550 0
Miscellaneous provisions 0 0 0
Total Expenses 1,721,865 2,308,156 910,604
Income Before Tax -1,410,222 -698,157 -285,598
Income Tax 2,666 33,972 4,989
Previous income tax 83,275 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income -1,496,163 -732,129 -290,587
Non-controlling Interest 14,481 -2,187 -3,246
Net Income Pertains to Shareholders -1,510,644 -729,942 -287,341

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 2,310,750 2,500,690 3,380,074
Net Cash Flow from (Used in) Operating Activities -263,871 134,490 120,788
Net Cash Flow from (Used in) Investing Activities -29,127 -289,224 -1,011,525
Net Cash Flow from (Used in) Financing Activities -136,511 -35,206 11,353
Cash Balance (Ending) 1,881,241 2,310,750 2,500,690

Financial Ratios

2019 2018 2017
Turnover Ratio % 50.790 70.640 81.670
Earning Per Share (JD) -0.030 -0.020 -0.010
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 1.090 1.120 1.140
Price Earnings Ratio (Times) -14.930 -34.130 -89.960
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) 0.440 0.470 0.480
Margin Before Interest and Tax % -351.640 -24.880 5.110
Profit Margin % -480.090 -45.470 -46.490
Return On Assets % -2.340 -1.110 -0.440
Return On Equity % -2.960 -1.390 -0.540
Debt Ratio % 19.800 19.770 19.410
Equity Ratio % 80.200 80.230 80.590
Interest Coverage Ratio (Times) -3.490 -1.350 0.100
Total Assets Turnover (Times) 0.000 0.020 0.010
Financial Assets Turnover (Times) 0.020 0.120 0.040
Working Capital Turnover (Times) 0.030 0.130 0.050
Current Ratio (Times) 6.680 7.390 6.580
Working Capital (JD) 10,937,915.000 12,217,632.000 13,194,712.000