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FIRST JORDAN INVESTMENT COMPANY PLC Financial

Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.24 0.33 0.40
Value Traded (JD) 5,660,063 1,340,441 2,920,676
No. of Shares Traded 27,345,152 3,566,807 7,866,127
No. of Transactions 1,704 1,743 2,103
No. of Subscribed Shares 75,000,000 75,000,000 75,000,000
Market Capitalization (JD) 18,000,000 24,750,000 30,000,000
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 29,592 52,967 49,385
Checks, bills of collection 12,500 0 51,000
Other debit balances 227,069 612,264 276,743
Financial Assets at Fair Value Through Profit 4,420,535 5,591,060 8,258,717
Other Current Assets 0 0 0
Total Current Assets 15,662,777 17,522,222 19,866,627
Financial Assets at Fair Value Through Other Comprehensive Income 11,911,204 13,209,001 18,347,503
Real estate investments 37,296,609 37,876,739 41,779,219
Investments in Sister, Subsidiary, Allied companies 20,004 20,004 23,683
Fixed Assets, Net 348,746 350,779 337,790
Other Assets 354,019 367,084 586,815
Total non-current assets 49,930,582 51,823,607 61,075,010
Total Assets 65,593,359 69,345,829 80,941,637

Liabilities (JD)

2019 2018 2017
Credit Banks 0 0 0
Short Term Loans 976,547 1,874,272 1,523,691
Other Current Liabilities 1,196,400 1,197,849 802,512
Total Current Liabilities 2,712,120 3,625,071 2,873,917
Long Term Loans & Notes Payable 6,663,139 5,459,862 7,164,357
Corporate Bonds 0 0 0
Other Liabilities 0 0 0
Total Liabilities 9,375,259 9,084,933 10,038,274

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 75,000,000 75,000,000 75,000,000
Subscribed and Paid-in Capital 75,000,000 75,000,000 75,000,000
Compulsory Reserves 327,276 327,276 327,276
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 -13,008,766 -12,718,647 -7,638,010
Retained Earnings -6,100,410 -2,347,733 3,214,097
Total Shareholders Equity 56,218,100 60,260,896 70,903,363
Non-controlling Interest 0 0 0
Total equity 56,218,100 60,260,896 70,903,363
Total Liabilities & Shareholders Equity 65,593,359 69,345,829 80,941,637

Income Statement (JD)

2019 2018 2017
Net brokerage commissions 0 0 0
Administrative and advisory fees 0 0 0
Interest revenues 1,870 3,518 732
Gain From Financial Assets at Fair Value Through Profit 0 0 123,628
Gain From Financial Assets at Fair Value Through Other Comprehensive Income 0 0 0
Earnings from differences on assessment of financial assets 0 0 0
The company's share of Sister,subsidiary, allied companies 0 -3,680 -124
Other Revenues 614,787 628,992 640,612
Total revenues 616,657 628,830 764,848
Realized losses of financial assets 1,167,233 374,138 0
Unrealized losses from Low assessment of financial assets 0 0 0
General and administrative expenses 342,709 410,093 551,017
Interest expenses 797,153 692,268 711,288
Allowance For Doubtful Accounts 300,000 0 0
Depreciation (Period) 0 0 0
Other Expenses 981,630 4,344,901 786,666
Miscellaneous provisions 0 75,000 0
Total Expenses 3,588,725 5,896,400 2,048,971
Income Before Tax -2,972,068 -5,267,570 -1,284,123
Income Tax 13,065 221,670 48,250
Previous income tax 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 84,000 56,000 0
Net Income -3,069,133 -5,545,240 -1,332,373
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders -3,069,133 -5,545,240 -1,332,373

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 52,967 49,385 352,318
Net Cash Flow from (Used in) Operating Activities 172,088 -5,382 -67,829
Net Cash Flow from (Used in) Investing Activities 309,915 1,895,749 982,414
Net Cash Flow from (Used in) Financing Activities -505,378 -1,886,785 -1,217,518
Cash Balance (Ending) 29,592 52,967 49,385

Financial Ratios

2019 2018 2017
Turnover Ratio % 36.460 4.760 10.490
Earning Per Share (JD) -0.040 -0.070 -0.020
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.750 0.800 0.950
Price Earnings Ratio (Times) -5.860 -4.460 -22.520
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) 0.320 0.410 0.420
Margin Before Interest and Tax % -352.690 -727.590 -74.900
Profit Margin % -497.710 -881.830 -174.200
Return On Assets % -4.680 -8.000 -1.650
Return On Equity % -5.460 -9.200 -1.880
Debt Ratio % 14.290 13.100 12.400
Equity Ratio % 85.710 86.900 87.600
Interest Coverage Ratio (Times) -2.730 -6.610 -0.810
Total Assets Turnover (Times) 0.010 0.010 0.010
Financial Assets Turnover (Times) 0.040 0.030 0.030
Working Capital Turnover (Times) 0.050 0.050 0.050
Current Ratio (Times) 5.780 4.830 6.910
Working Capital (JD) 12,950,657.000 13,897,151.000 16,992,710.000