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Trading Information in the Regular Market

2020 2019 2018
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.69 0.83 0.56
Value Traded (JD) 1,503,790 239,119 221,817
No. of Shares Traded 2,084,736 337,512 257,247
No. of Transactions 927 650 311
No. of Subscribed Shares 6,000,000 6,000,000 6,000,000
Market Capitalization (JD) 4,140,000 4,980,000 3,360,000
Fiscal Year Ended 31/12/2020 31/12/2019 31/12/2018

Assets (JD)

2020 2019 2018
Current Assets
Cash on Hand & at Banks 3,128,199 3,451,427 1,794,273
Financial Assets at Fair Value Through Profit 0 0 0
Real Estate Ready for Sale 2,037,809 2,779,449 4,654,167
Cheques to Be Collected 0 0 0
Other Current Assets 949,598 543,651 12,565
Total Current Assets 6,161,170 6,817,903 6,588,693
Non-Current Assets
Investments in Real Estates 747,001 778,676 0
Financial Assets at Fair Value Through Other Comprehensive Income 0 0 0
Fixed Assets, Net 16,818 20,474 17,243
Projects in Progress 0 0 892,793
Investments in Companies (Sister and Affiliate) 0 0 0
Other Non-Current Assets 2,630 2,630 9,630
Total Non-Current Assets 766,449 801,780 919,666
Total Assets 6,927,619 7,619,683 7,508,359

Liabilities (JD)

2020 2019 2018
Current Liabilities
Credit Banks 0 0 0
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 0 0 0
Other Current Liabilities 277,256 312,773 552,875
Total Current Liabilities 292,029 323,799 605,133
Non-Current Liabilities
Long Term Loan 0 0 0
Corporate Bonds 0 0 0
Other Non-Current Liabilities 0 0 0
Total Non-Current Liabilities 0 0 0
Total Liabilities 292,029 323,799 605,133

Shareholders Equity (JD)

2020 2019 2018
Authorized Capital 6,000,000 6,000,000 6,000,000
Subscribed Capital 6,000,000 6,000,000 6,000,000
Paid in Capital 6,000,000 6,000,000 6,000,000
Compulsory Reserves 687,876 687,876 642,921
Voluntary Reserve 8,008 8,008 169,064
Other Reserves 0 0 0
Issuance Premium 0 0 0
Issuance Discount 0 0 0
Treasury Stocks 0 0 0
Cash Dividends 0 600,000 0
Stock Dividends 0 0 0
Accumulated Change in Fair Value 0 0 0
Retained Earnings -60,294 0 91,241
Total Owners' Equity (Pertaining to Company's Shareholders) 6,635,590 7,295,884 6,903,226
Non-controlling Interest 0 0 0
Total Owners' Equity 6,635,590 7,295,884 6,903,226
Total Liabilities & Owners' Equity 6,927,619 7,619,683 7,508,359

Income Statement (JD)

2020 2019 2018
Revenues
Lands and Apartments Sales Revenue 800,000 2,912,695 1,445,884
Rents and Services Revenue 0 0 0
Real Estate Revaluation 0 0 0
Total Operating Revenues 800,000 2,912,695 1,445,884
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 131,167 156,517 83,915
Total Revenues 931,167 3,069,212 1,529,799
Expenses
Lands and Apartments Sales Expense 727,273 2,350,552 1,224,997
Rents and Services Expense 0 0 0
General and Administrative Expenses 264,188 269,111 253,790
Depreciation 35,331 18,538 8,735
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 0 0 8,737
Total Operating Expenses 991,461 2,619,663 1,487,524
Other Expenses 0 0 0
Profit Before Interest, Income Tax and Fees Expenses -60,294 449,549 42,275
Interest Expense 0 0 0
Profit Before Tax and Fees Expenses -60,294 449,549 42,275
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 0 0
Income Tax 0 56,891 7,941
Net Profit -60,294 392,658 34,334
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -60,294 392,658 34,334

Cash Flow (JD)

2020 2019 2018
Cash Balance (Beginning) 3,451,427 1,794,273 2,247,888
Net Cash Flow from (Used in) Operating Activities 276,772 1,663,122 -443,033
Net Cash Flow from (Used in) Investing Activities 0 -5,968 0
Net Cash Flow from (Used in) Financing Activities -600,000 0 0
Cash Balance (Ending) 3,128,199 3,451,427 1,804,855

Financial Ratios

2020 2019 2018
Turnover Ratio % 34.750 5.630 4.290
Earnings Per Share (JD) -0.010 0.070 0.010
Dividends Per Share (JD) 0.000 0.100 0.000
Book Value Per Share (JD) 1.110 1.220 1.150
Price Earnings Ratio (Times) -68.660 12.680 97.860
Dividend Yield % 0.000 12.050 0.000
Dividends Per Share to Earnings Per Share % 0.000 152.800 0.000
Price to Book Value (Times) 0.620 0.680 0.490
Return On Assets % -0.870 5.150 0.460
Return On Equity % -0.910 5.380 0.500
Debt Ratio % 4.220 4.250 8.060
Equity Ratio % 95.780 95.750 91.940
Interest Coverage Ratio (Times) 0.000 0.000 0.000
Total Assets Turnover (Times) 0.120 0.380 0.190
Fixed Assets Turnover (Times) 47.570 142.260 83.850
Working Capital Turnover (Times) 0.140 0.450 0.240
Current Ratio (Times) 21.100 21.060 10.890
Working Capital (JD) 5,869,141.000 6,494,104.000 5,983,560.000