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SHIRA REAL ESTATE DEVELOPMENT & INVESTMENTS Financial

Trading Information in the Regular Market

2020 2019 2018
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.82 0.72 0.94
Value Traded (JD) 3,438,423 511,579 179,575
No. of Shares Traded 5,322,597 615,988 178,575
No. of Transactions 1,196 147 73
No. of Subscribed Shares 10,569,458 10,569,458 7,916,264
Market Capitalization (JD) 8,666,956 7,610,010 7,441,288
Fiscal Year Ended 31/12/2020 31/12/2019 31/12/2018

Assets (JD)

2020 2019 2018
Current Assets
Cash on Hand & at Banks 168 367 328,087
Financial Assets at Fair Value Through Profit 0 104,690 151,620
Real Estate Ready for Sale 0 0 0
Cheques to Be Collected 0 0 0
Other Current Assets 15,046 18,051 46,977
Total Current Assets 101,214 123,108 528,737
Non-Current Assets
Investments in Real Estates 9,324,673 9,417,699 9,671,668
Financial Assets at Fair Value Through Other Comprehensive Income 0 0 0
Fixed Assets, Net 3,956 9,654 37,863
Projects in Progress 31,000 44,000 44,000
Investments in Companies (Sister and Affiliate) 6,722,941 6,942,788 7,147,516
Other Non-Current Assets 9,737 12,983 0
Total Non-Current Assets 16,092,307 16,427,124 16,901,047
Total Assets 16,193,521 16,550,232 17,429,784

Liabilities (JD)

2020 2019 2018
Current Liabilities
Credit Banks 0 0 597,661
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 0 0 0
Other Current Liabilities 6,237,556 6,225,697 18,669
Total Current Liabilities 6,918,903 6,862,932 1,204,568
Non-Current Liabilities
Long Term Loan 0 0 0
Corporate Bonds 0 0 0
Other Non-Current Liabilities 7,671 10,609 8,755,354
Total Non-Current Liabilities 7,671 10,609 8,755,354
Total Liabilities 6,926,574 6,873,541 9,959,922

Shareholders Equity (JD)

2020 2019 2018
Authorized Capital 10,569,458 10,569,458 8,252,960
Subscribed Capital 10,569,458 10,569,458 7,916,264
Paid in Capital 10,569,458 10,569,458 7,916,264
Compulsory Reserves 290,311 290,311 290,311
Voluntary Reserve 6,111 6,111 6,111
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 -73,848 -62,736 -406,363
Retained Earnings -1,525,085 -1,126,453 -336,461
Total Owners' Equity (Pertaining to Company's Shareholders) 9,266,947 9,676,691 7,469,862
Non-controlling Interest 0 0 0
Total Owners' Equity 9,266,947 9,676,691 7,469,862
Total Liabilities & Owners' Equity 16,193,521 16,550,232 17,429,784

Income Statement (JD)

2020 2019 2018
Revenues
Lands and Apartments Sales Revenue 96,000 310,000 0
Rents and Services Revenue 0 0 0
Real Estate Revaluation 0 0 0
Total Operating Revenues 96,000 310,000 0
Profits From Sales of Securities -32,011 -65,051 0
Securities Revaluation 0 -46,930 -35,488
Dividends 0 0 0
Companies Share of Sister and Affiliate Companies Profit -208,735 -484,186 -52,969
Other Revenues 0 8,521 20,790
Total Revenues -144,746 -277,646 -67,667
Expenses
Lands and Apartments Sales Expense 93,026 254,168 0
Rents and Services Expense 0 0 0
General and Administrative Expenses 93,110 138,870 181,609
Depreciation 8,944 11,615 11,481
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 4,541 4,797 0
Total Operating Expenses 190,677 397,835 181,609
Other Expenses 0 26,141 0
Profit Before Interest, Income Tax and Fees Expenses -335,423 -701,622 -249,276
Interest Expense 63,209 88,370 100,084
Profit Before Tax and Fees Expenses -398,632 -789,992 -349,360
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 -398,632 -789,992 -349,360
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -398,632 -789,992 -349,360

Cash Flow (JD)

2020 2019 2018
Cash Balance (Beginning) 367 328,087 314,033
Net Cash Flow from (Used in) Operating Activities -250,769 197,201 -133,388
Net Cash Flow from (Used in) Investing Activities 210,716 41,615 3,369
Net Cash Flow from (Used in) Financing Activities 39,854 -566,536 144,073
Cash Balance (Ending) 168 367 328,087

Financial Ratios

2020 2019 2018
Turnover Ratio % 50.360 5.830 2.260
Earnings Per Share (JD) -0.040 -0.070 -0.040
Dividends Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.880 0.920 0.940
Price Earnings Ratio (Times) -21.740 -9.630 -21.300
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) 0.940 0.790 1.000
Return On Assets % -2.460 -4.770 -2.000
Return On Equity % -4.300 -8.160 -4.680
Debt Ratio % 42.770 41.530 57.140
Equity Ratio % 57.230 58.470 42.860
Interest Coverage Ratio (Times) -5.310 -7.940 -2.490
Total Assets Turnover (Times) 0.010 0.020 0.000
Fixed Assets Turnover (Times) 24.270 32.110 0.000
Working Capital Turnover (Times) -0.010 -0.050 0.000
Current Ratio (Times) 0.010 0.020 0.440
Working Capital (JD) -6,817,689.000 -6,739,824.000 -675,831.000