DEERA INVESTMENT & REAL ESTATE DEVELOPMENT CO Financial
Trading Information in the Regular Market
2020 | 2019 | 2018 | |
---|---|---|---|
Par Value/Share (JD) | 1.00 | 1.00 | 1.00 |
Closing Price (JD) | 0.83 | 0.76 | 0.76 |
Value Traded (JD) | 6,553,100 | 14,623,313 | 5,501,042 |
No. of Shares Traded | 8,127,626 | 17,449,869 | 7,166,466 |
No. of Transactions | 3,428 | 1,986 | 606 |
No. of Subscribed Shares | 40,000,000 | 40,000,000 | 40,000,000 |
Market Capitalization (JD) | 33,200,000 | 30,400,000 | 30,400,000 |
Fiscal Year Ended | 31/12/2020 | 31/12/2019 | 31/12/2018 |
Assets (JD)
2020 | 2019 | 2018 | |
---|---|---|---|
Current Assets | |||
Cash on Hand & at Banks | 265,903 | 38,216 | 33,824 |
Accounts Receivable (Net) and Notes Receivable | 643,752 | 662,987 | 1,078,909 |
Financial Assets at Fair Value Through Profit | 0 | 0 | 0 |
Real Estate Ready for Sale | 16,840,965 | 16,390,945 | 18,093,544 |
Receivables from Related Parties | 5,000 | 30,327 | 0 |
Cheques to Be Collected | 45,419 | 115,849 | 91,675 |
Other Current Assets | 1,662,465 | 1,202,941 | 718,187 |
Total Current Assets | 19,463,504 | 18,441,265 | 20,016,139 |
Non-Current Assets | |||
Investments in Real Estates | 8,254,400 | 9,806,117 | 9,806,117 |
Financial Assets at Fair Value Through Other Comprehensive Income | 377,376 | 886,164 | 1,392,283 |
Fixed Assets, Net | 20,429,664 | 21,052,677 | 21,394,644 |
Projects in Progress | 17,329,736 | 16,797,240 | 16,405,652 |
Investments in Companies (Sister and Affiliate) | 15,346,993 | 15,377,609 | 15,403,242 |
Other Non-Current Assets | 6,790,857 | 7,256,247 | 7,437,145 |
Total Non-Current Assets | 68,529,026 | 71,176,054 | 71,839,083 |
Total Assets | 87,992,530 | 89,617,319 | 91,855,222 |
Liabilities (JD)
2020 | 2019 | 2018 | |
---|---|---|---|
Current Liabilities | |||
Accounts and Notes Payable | 2,106,250 | 2,336,559 | 1,614,692 |
Credit Banks | 901,786 | 786,199 | 154,093 |
Short Term Loans | 3,437,101 | 3,749,590 | 3,536,518 |
Accrued Part of Long Term Loans | 0 | 0 | 0 |
Accounts Payable to Related Parties | 2,385,845 | 561,903 | 2,469,490 |
Post Dated Cheques | 572,147 | 2,040,545 | 0 |
Other Current Liabilities | 2,275,571 | 1,823,232 | 1,053,590 |
Total Current Liabilities | 11,678,700 | 11,298,028 | 8,828,383 |
Non-Current Liabilities | |||
Long Term Loan | 12,715,055 | 12,241,375 | 14,955,440 |
Corporate Bonds | 0 | 0 | 0 |
Other Non-Current Liabilities | 6,768,237 | 6,506,163 | 7,127,496 |
Total Non-Current Liabilities | 19,483,292 | 18,747,538 | 22,082,936 |
Total Liabilities | 31,161,992 | 30,045,566 | 30,911,319 |
Income Statement (JD)
2020 | 2019 | 2018 | |
---|---|---|---|
Revenues | |||
Lands and Apartments Sales Revenue | 1,657,443 | 2,074,819 | 5,587,190 |
Rents and Services Revenue | 2,638,696 | 4,637,314 | 0 |
Real Estate Revaluation | 0 | 0 | 0 |
Total Operating Revenues | 4,296,139 | 6,712,133 | 5,587,190 |
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 | -30,616 | -25,633 | 59,927 |
Other Revenues | 20,580 | 680,230 | 52,717 |
Total Revenues | 4,286,103 | 7,366,730 | 5,699,834 |
Expenses | |||
Lands and Apartments Sales Expense | 1,226,699 | 1,849,506 | 4,581,364 |
Rents and Services Expense | 3,501,899 | 3,824,950 | 0 |
General and Administrative Expenses | 1,116,505 | 1,327,297 | 1,045,208 |
Depreciation | 626,618 | 598,335 | 315,898 |
Contingent Liabilities Provision | 22,072 | 130,000 | 14,056 |
Other Operating Expenses | 38,653 | 186,875 | 146,765 |
Total Operating Expenses | 5,905,828 | 7,318,628 | 5,787,393 |
Other Expenses | 40,251 | 801,721 | 0 |
Profit Before Interest, Income Tax and Fees Expenses | -1,659,976 | -753,619 | -87,559 |
Interest Expense | 1,006,083 | 1,070,261 | 516,953 |
Profit Before Tax and Fees Expenses | -2,666,059 | -1,823,880 | -604,512 |
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 | -2,666,059 | -1,823,880 | -604,512 |
Non-controlling Interest | -316,208 | -238,560 | -96,861 |
Net Income Pertaining to Shareholders | -2,349,851 | -1,585,320 | -507,651 |
Cash Flow (JD)
2020 | 2019 | 2018 | |
---|---|---|---|
Cash Balance (Beginning) | 38,216 | 33,824 | 150,157 |
Net Cash Flow from (Used in) Operating Activities | 585,277 | 3,078,679 | 4,513,863 |
Net Cash Flow from (Used in) Investing Activities | -101,396 | -380,749 | -7,359,174 |
Net Cash Flow from (Used in) Financing Activities | -256,194 | -2,693,538 | 2,728,978 |
Cash Balance (Ending) | 265,903 | 38,216 | 33,824 |
Financial Ratios
2020 | 2019 | 2018 | |
---|---|---|---|
Turnover Ratio % | 20.320 | 43.620 | 17.920 |
Earnings Per Share (JD) | -0.060 | -0.040 | -0.010 |
Dividends Per Share (JD) | 0.000 | 0.000 | 0.000 |
Book Value Per Share (JD) | 1.390 | 1.450 | 1.500 |
Price Earnings Ratio (Times) | -14.130 | -19.180 | -59.880 |
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) | 0.600 | 0.520 | 0.510 |
Return On Assets % | -3.030 | -2.040 | -0.660 |
Return On Equity % | -4.220 | -2.730 | -0.850 |
Debt Ratio % | 35.410 | 33.530 | 33.650 |
Equity Ratio % | 64.590 | 66.470 | 66.350 |
Interest Coverage Ratio (Times) | -1.650 | -0.700 | -0.170 |
Total Assets Turnover (Times) | 0.050 | 0.070 | 0.060 |
Fixed Assets Turnover (Times) | 0.210 | 0.320 | 0.260 |
Working Capital Turnover (Times) | 0.550 | 0.940 | 0.500 |
Current Ratio (Times) | 1.670 | 1.630 | 2.270 |
Working Capital (JD) | 7,784,804.000 | 7,143,237.000 | 11,187,756.000 |