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HIGH PERFORMANCE REAL ESTATE INVESTMENTS Financial

Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.26 0.25 0.42
Value Traded (JD) 262,510 92,351 312,017
No. of Shares Traded 980,750 246,079 779,288
No. of Transactions 896 547 1,752
No. of Subscribed Shares 12,000,000 12,000,000 12,000,000
Market Capitalization (JD) 3,120,000 3,000,000 5,040,000
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Current Assets
Cash on Hand & at Banks 4,541 11,094 8,573
Financial Assets at Fair Value Through Profit 2,420 2,420 2,420
Real Estate Ready for Sale 0 0 0
Cheques to Be Collected 0 0 0
Other Current Assets 0 0 0
Total Current Assets 301,920 299,138 291,730
Non-Current Assets
Investments in Real Estates 7,740,526 7,761,725 7,761,725
Financial Assets at Fair Value Through Other Comprehensive Income 19,500 19,500 19,500
Fixed Assets, Net 5 5 5
Projects in Progress 0 0 0
Investments in Companies (Sister and Affiliate) 2,243,206 2,246,596 2,248,783
Other Non-Current Assets 0 0 0
Total Non-Current Assets 10,003,237 10,027,826 10,030,013
Total Assets 10,305,157 10,326,964 10,321,743

Liabilities (JD)

2019 2018 2017
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 79,999 144,170 127,219
Total Current Liabilities 430,945 407,972 305,375
Non-Current Liabilities
Long Term Loan 0 0 0
Corporate Bonds 0 0 0
Other Non-Current Liabilities 10,066 0 0
Total Non-Current Liabilities 10,066 0 0
Total Liabilities 441,011 407,972 305,375

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 12,000,000 12,000,000 12,000,000
Subscribed Capital 12,000,000 12,000,000 12,000,000
Paid in Capital 12,000,000 12,000,000 12,000,000
Compulsory Reserves 75,180 75,180 75,180
Voluntary Reserve 0 0 0
Other Reserves 0 0 0
Issuance Premium 0 0 0
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 -83,224 -83,224 -83,224
Retained Earnings -2,127,810 -2,072,964 -1,975,588
Total Owners' Equity (Pertaining to Company's Shareholders) 9,864,146 9,918,992 10,016,368
Non-controlling Interest 0 0 0
Total Owners' Equity 9,864,146 9,918,992 10,016,368
Total Liabilities & Owners' Equity 10,305,157 10,326,964 10,321,743

Income Statement (JD)

2019 2018 2017
Revenues
Lands and Apartments Sales Revenue 68,000 0 0
Rents and Services Revenue 12,345 14,260 12,677
Real Estate Revaluation 0 0 0
Total Operating Revenues 80,345 14,260 12,677
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 -3,390 -2,187 -3,463
Other Revenues 24,529 0 0
Total Revenues 101,484 12,073 9,214
Expenses
Lands and Apartments Sales Expense 31,407 0 0
Rents and Services Expense 0 0 0
General and Administrative Expenses 124,923 109,449 117,279
Depreciation 0 0 101
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 0 0 101
Total Operating Expenses 156,330 109,449 117,380
Other Expenses 0 0 0
Profit Before Interest, Income Tax and Fees Expenses -54,846 -97,376 -108,166
Interest Expense 0 0 0
Profit Before Tax and Fees Expenses -54,846 -97,376 -108,166
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 0 0
Net Profit -54,846 -97,376 -108,166
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -54,846 -97,376 -108,166

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 11,094 8,573 3,378
Net Cash Flow from (Used in) Operating Activities -64,345 2,521 5,195
Net Cash Flow from (Used in) Investing Activities 57,792 0 0
Net Cash Flow from (Used in) Financing Activities 0 0 0
Cash Balance (Ending) 4,541 11,094 8,573

Financial Ratios

2019 2018 2017
Turnover Ratio % 8.170 2.050 6.490
Earnings Per Share (JD) 0.000 -0.010 -0.010
Dividends Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.820 0.830 0.830
Price Earnings Ratio (Times) -56.890 -30.810 -46.600
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) 0.320 0.300 0.500
Return On Assets % -0.530 -0.940 -1.050
Return On Equity % -0.560 -0.980 -1.080
Debt Ratio % 4.280 3.950 2.960
Equity Ratio % 95.720 96.050 97.040
Interest Coverage Ratio (Times) 0.000 0.000 0.000
Total Assets Turnover (Times) 0.010 0.000 0.000
Fixed Assets Turnover (Times) 16,069.000 2,852.000 2,535.400
Working Capital Turnover (Times) -0.620 -0.130 -0.930
Current Ratio (Times) 0.700 0.730 0.960
Working Capital (JD) -129,025.000 -108,834.000 -13,645.000