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ARAB COMPANY FOR INVESTMENT PROJECTS Financial

This company switched sectors in the past. You can click on the tabs above to view the financial indicators for each.
Company is currently in the Real Estate sector.

Trading Information in the Regular Market

2021 2020 2019
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 1.33 0.90 0.64
Value Traded (JD) 2,420,996 416,346 79,408
No. of Shares Traded 2,077,698 622,532 101,065
No. of Transactions 4,264 873 321
No. of Subscribed Shares 3,551,982 3,551,982 3,551,982
Market Capitalization (JD) 4,724,136 3,196,784 2,273,268
Fiscal Year Ended 31/12/2021 31/12/2020 31/12/2019

Assets (JD)

2021 2020 2019
Current Assets
Cash on Hand & at Banks 219,431 120,351 202,395
Financial Assets at Fair Value Through Profit 0 0 0
Real Estate Ready for Sale 0 0 0
Receivables from Related Parties 0 0 0
Cheques to Be Collected 0 0 0
Other Current Assets 533,010 652,079 18,011
Total Current Assets 764,863 784,852 920,263
Non-Current Assets
Investments in Real Estates 8,489,773 8,642,337 2,209,375
Financial Assets at Fair Value Through Other Comprehensive Income 78,434 0 0
Fixed Assets, Net 1,555 1,803 2,455
Projects in Progress 0 0 6,381,832
Investments in Companies (Sister and Affiliate) 0 0 0
Other Non-Current Assets 0 0 0
Total Non-Current Assets 8,569,762 8,644,140 8,593,662
Total Assets 9,334,625 9,428,992 9,513,925

Liabilities (JD)

2021 2020 2019
Current Liabilities
Credit Banks 0 0 0
Short Term Loans 0 0 0
Current Part of Long Term Loans 0 0 0
Accounts Payable to Related Parties 316,869 316,869 316,869
Post Dated Cheques 0 0 0
Other Current Liabilities 1,059,321 1,092,963 1,043,137
Total Current Liabilities 1,533,315 1,577,391 1,524,618
Non-Current Liabilities
Long Term Loan 3,280,000 3,280,000 3,280,000
Corporate Bonds 0 0 0
Other Non-Current Liabilities 0 0 0
Total Non-Current Liabilities 3,280,000 3,280,000 3,280,000
Total Liabilities 4,813,315 4,857,391 4,804,618

Shareholders Equity (JD)

2021 2020 2019
Authorized Capital 3,551,982 3,551,982 3,551,982
Subscribed Capital 3,551,982 3,551,982 3,551,982
Paid in Capital 3,551,982 3,551,982 3,551,982
Compulsory Reserves 315,317 303,771 303,771
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 0 0 0
Retained Earnings -171,220 -116,655 4,230
Total Owners' Equity (Pertaining to Company's Shareholders) 3,696,079 3,739,098 3,859,983
Non-controlling Interest 825,231 832,503 849,324
Total Owners' Equity 4,521,310 4,571,601 4,709,307
Total Liabilities & Owners' Equity 9,334,625 9,428,992 9,513,925

Income Statement (JD)

2021 2020 2019
Revenues
Lands and Apartments Sales Revenue 500,000 0 0
Rents and Services Revenue 0 0 0
Real Estate Revaluation 0 0 0
Total Operating Revenues 500,000 0 0
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 7,779 2,635 69,245
Total Revenues 507,779 2,635 69,245
Expenses
Lands and Apartments Sales Expense 329,384 0 0
Rents and Services Expense 0 0 0
General and Administrative Expenses 92,060 90,341 80,175
Depreciation 723 652 652
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 120,000 50,000 0
Total Operating Expenses 541,444 140,341 80,175
Other Expenses 0 0 165,245
Profit Before Interest, Income Tax and Fees Expenses -33,665 -137,706 -176,175
Interest Expense 0 0 0
Profit Before Tax and Fees Expenses -33,665 -137,706 -176,175
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 16,626 0 0
Net Profit -50,291 -137,706 -176,175
Non-controlling Interest -7,272 -16,821 -14,857
Net Income Pertaining to Shareholders -43,019 -120,885 -161,318

Cash Flow (JD)

2021 2020 2019
Cash Balance (Beginning) 120,351 202,395 218,408
Net Cash Flow from (Used in) Operating Activities 25,425 -30,914 -16,013
Net Cash Flow from (Used in) Investing Activities 73,655 -51,130 0
Net Cash Flow from (Used in) Financing Activities 0 0 0
Cash Balance (Ending) 219,431 120,351 202,395

Financial Ratios

2021 2020 2019
Turnover Ratio % 58.490 17.530 2.850
Earnings Per Share (JD) -0.010 -0.030 -0.050
Dividends Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 1.040 1.050 1.090
Price Earnings Ratio (Times) -109.820 -26.440 -14.090
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) 1.280 0.850 0.590
Return On Assets % -0.540 -1.460 -1.850
Return On Equity % -1.160 -3.230 -4.180
Debt Ratio % 51.560 51.520 50.500
Equity Ratio % 48.440 48.480 49.500
Interest Coverage Ratio (Times) 0.000 0.000 0.000
Total Assets Turnover (Times) 0.050 0.000 0.000
Fixed Assets Turnover (Times) 321.540 0.000 0.000
Working Capital Turnover (Times) -0.650 0.000 0.000
Current Ratio (Times) 0.500 0.500 0.600
Working Capital (JD) -768,452.000 -792,539.000 -604,355.000