ARAB PHOENIX HOLDINGS Financial
Trading Information in the Regular Market
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Par Value/Share (JD) | 1.00 | 1.00 | 1.00 |
| Closing Price (JD) | 0.18 | 0.32 | 0.32 |
| Value Traded (JD) | 24,362,476 | 3,506,973 | 6,651,729 |
| No. of Shares Traded | 84,314,169 | 12,028,846 | 20,935,420 |
| No. of Transactions | 12,049 | 2,947 | 4,166 |
| No. of Subscribed Shares | 86,840,292 | 86,840,292 | 86,840,292 |
| Market Capitalization (JD) | 15,631,253 | 27,788,893 | 27,788,893 |
| Fiscal Year Ended | 31/12/2021 | 31/12/2020 | 31/12/2019 |
Assets (JD)
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Current Assets | |||
| Cash on Hand & at Banks | 61,194 | 49,390 | 51,562 |
| Accounts Receivable (Net) and Notes Receivable | 1,702,961 | 1,640,060 | 692,223 |
| Financial Assets at Fair Value Through Profit | 0 | 0 | 0 |
| Real Estate Ready for Sale | 56,775 | 154,668 | 5,941,052 |
| Receivables from Related Parties | 0 | 0 | 0 |
| Cheques to Be Collected | 0 | 0 | 312,717 |
| Other Current Assets | 20,442,103 | 20,869,405 | 4,339,336 |
| Total Current Assets | 22,263,033 | 22,713,523 | 11,336,890 |
| Non-Current Assets | |||
| Investments in Real Estates | 8,492,816 | 8,648,464 | 9,038,360 |
| Financial Assets at Fair Value Through Other Comprehensive Income | 4,213 | 1,548 | 1,548 |
| Fixed Assets, Net | 6,362 | 7,400 | 10,428 |
| Projects in Progress | 39,286,556 | 41,883,355 | 45,839,832 |
| Investments in Companies (Sister and Affiliate) | 2,492 | 29,153 | 1 |
| Other Non-Current Assets | 0 | 0 | 14,120,019 |
| Total Non-Current Assets | 47,792,439 | 50,569,920 | 69,010,188 |
| Total Assets | 70,055,472 | 73,283,443 | 80,347,078 |
Liabilities (JD)
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Current Liabilities | |||
| Accounts and Notes Payable | 9,242,746 | 11,091,754 | 4,106,122 |
| Credit Banks | 0 | 0 | 0 |
| Short Term Loans | 0 | 0 | 0 |
| Current Part of Long Term Loans | 0 | 0 | 0 |
| Accounts Payable to Related Parties | 0 | 0 | 133,816 |
| Post Dated Cheques | 0 | 0 | 0 |
| Other Current Liabilities | 3,958,866 | 4,440,244 | 12,780,542 |
| Total Current Liabilities | 13,201,612 | 15,531,998 | 17,020,480 |
| Non-Current Liabilities | |||
| Long Term Loan | 0 | 0 | 0 |
| Corporate Bonds | 0 | 0 | 0 |
| Other Non-Current Liabilities | 11,481,991 | 11,160,434 | 13,252,025 |
| Total Non-Current Liabilities | 11,481,991 | 11,160,434 | 13,252,025 |
| Total Liabilities | 24,683,603 | 26,692,432 | 30,272,505 |
Income Statement (JD)
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Revenues | |||
| Lands and Apartments Sales Revenue | 3,688,449 | 5,003,517 | 1,410,954 |
| Rents and Services Revenue | 0 | 0 | 0 |
| Real Estate Revaluation | 0 | 0 | -254,952 |
| Total Operating Revenues | 3,688,449 | 5,003,517 | 1,156,002 |
| 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 | -1,325 | -5,532 | -3,592 |
| Other Revenues | 985,417 | 132,330 | 1,135,279 |
| Total Revenues | 4,672,541 | 5,130,315 | 2,287,689 |
| Expenses | |||
| Lands and Apartments Sales Expense | 3,862,424 | 4,880,603 | 1,383,740 |
| Rents and Services Expense | 0 | 0 | 0 |
| General and Administrative Expenses | 863,740 | 874,740 | 1,083,843 |
| Depreciation | 2,477 | 3,675 | 12,215 |
| Contingent Liabilities Provision | 0 | 0 | 0 |
| Other Operating Expenses | 1,168,184 | 2,828,970 | 103,866 |
| Total Operating Expenses | 5,894,348 | 8,584,313 | 2,571,449 |
| Other Expenses | 0 | 0 | 40,416 |
| Profit Before Interest, Income Tax and Fees Expenses | -1,221,807 | -3,453,998 | -324,176 |
| Interest Expense | 0 | 0 | 0 |
| Profit Before Tax and Fees Expenses | -1,221,807 | -3,453,998 | -324,176 |
| 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 | 498 | 2,089 |
| Income Tax | 0 | 29,066 | 57,831 |
| Net Profit | -1,221,807 | -3,483,562 | -384,096 |
| Non-controlling Interest | 0 | 0 | 0 |
| Net Income Pertaining to Shareholders | -1,221,807 | -3,483,562 | -384,096 |
Cash Flow (JD)
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Cash Balance (Beginning) | 49,390 | 51,562 | 52,823 |
| Net Cash Flow from (Used in) Operating Activities | 510,794 | 544,492 | -928,201 |
| Net Cash Flow from (Used in) Investing Activities | -498,990 | -546,664 | 926,940 |
| Net Cash Flow from (Used in) Financing Activities | 0 | 0 | 0 |
| Cash Balance (Ending) | 61,194 | 49,390 | 51,562 |
Financial Ratios
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Turnover Ratio % | 97.090 | 13.850 | 24.110 |
| Earnings Per Share (JD) | -0.010 | -0.040 | 0.000 |
| Dividends Per Share (JD) | 0.000 | 0.000 | 0.000 |
| Book Value Per Share (JD) | 0.520 | 0.540 | 0.580 |
| Price Earnings Ratio (Times) | -12.790 | -7.980 | -72.350 |
| 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) | 0.340 | 0.600 | 0.550 |
| Return On Assets % | -1.740 | -4.750 | -0.480 |
| Return On Equity % | -2.690 | -7.480 | -0.770 |
| Debt Ratio % | 35.230 | 36.420 | 37.680 |
| Equity Ratio % | 64.770 | 63.580 | 62.320 |
| Interest Coverage Ratio (Times) | 0.000 | 0.000 | 0.000 |
| Total Assets Turnover (Times) | 0.050 | 0.070 | 0.010 |
| Fixed Assets Turnover (Times) | 579.760 | 676.150 | 110.860 |
| Working Capital Turnover (Times) | 0.410 | 0.700 | -0.200 |
| Current Ratio (Times) | 1.690 | 1.460 | 0.670 |
| Working Capital (JD) | 9,061,421.000 | 7,181,525.000 | -5,683,590.000 |