Menu

Trading Information

2018 2017 2016
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 2.17 0.75 0.75
Value Traded (JD) 35,912,075 2,572,739 12,752,614
No. of Shares Traded 18,841,255 3,089,000 12,175,929
No. of Transactions 18,319 3,699 10,281
No. of Subscribed Shares 3,575,000 3,575,000 3,575,000
Market Capitalization (JD) 7,757,750 2,681,250 2,681,250
Fiscal Year Ended 31/12/2018 31/12/2017 31/12/2016

Assets (JD)

2018 2017 2016
Cash on Hand & at Banks 6,252 3,831 932
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 3,952,625 3,821,260 3,645,270
Spare Parts 572,091 594,026 567,358
Total Current Assets 5,239,285 5,477,234 5,125,196
Long Term Investments 616,784 604,009 583,520
Fixed Assets, Net 1,299,878 1,276,510 1,332,173
Lands 28,297 28,297 28,297
Projects in Progress 194,413 17,941 0
Total Fixed Assets 1,522,588 1,322,748 1,360,470
Other Assets 0 0 0
Total Assets 7,378,657 7,403,991 7,069,186

Liabilities (JD)

2018 2017 2016
Credit Banks 2,451,379 2,215,326 1,613,001
Short Term Loans 468,860 0 0
Accrued Part of Long Term Loans 0 0 0
Total Current Liabilities 3,204,935 2,498,582 2,094,296
Long Term Loans & Notes Payable 0 0 0
Corporate Bonds 0 0 0
Other Liabilities 0 0 0
Total Liabilities 3,204,935 2,498,582 2,094,296

Shareholders Equity (JD)

2018 2017 2016
Authorized Capital 3,575,000 3,575,000 3,575,000
Subscribed Capital 3,575,000 3,575,000 3,575,000
Paid in Capital 3,575,000 3,575,000 3,575,000
Compulsory Reserves 1,007,789 1,007,789 1,007,789
Voluntary Reserve 917,000 917,000 917,000
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 -1,326,067 -594,380 -524,899
Total Shareholders Equity 4,173,722 4,905,409 4,974,890
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 7,378,657 7,403,991 7,069,186

Income Statement (JD)

2018 2017 2016
Operating Revenues 1,859,214 1,765,299 2,330,583
Operating Expenses 2,067,202 1,620,363 2,344,503
Gross Profit -207,988 144,936 -13,920
General and Administrative Expenses 183,660 159,883 171,473
Selling and Distribution Expenses 48,296 21,422 14,639
Depreciation (Period) 82,578 83,601 83,175
Other Operating Expenses 73,600 0 0
Net Operating Income -513,544 -36,369 -200,032
Other Revenues 37,515 95,134 179,544
Other Expenses 60,400 0 0
Income Before Interest & Tax -536,429 58,765 -20,488
Interest Expenses 195,258 128,246 114,225
Net Income Before Tax -731,687 -69,481 -134,713
Income Tax (Period) 0 0 0
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income -731,687 -69,481 -134,713
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders -731,687 -69,481 -134,713

Cash Flow (JD)

2018 2017 2016
Cash Balance (Beginning) 3,831 932 795
Net Cash Flow from (Used in) Operating Activities 64,219 -349,323 174,398
Net Cash Flow from (Used in) Investing Activities -295,193 -66,368 -37,614
Net Cash Flow from (Used in) Financing Activities 233,395 418,590 -136,647
Cash Balance (Ending) 6,252 3,831 932

Financial Ratios

2018 2017 2016
Turnover Ratio % 527.03 86.41 340.59
Earning Per Share (JD) -0.20 -0.02 -0.04
Dividend Per Share (JD) 0.00 0.00 0.00
Book Value Per Share (JD) 1.17 1.37 1.39
Price Earnings Ratio (Times) -10.60 -38.59 -19.90
Dividend Yield % 0.00 0.00 0.00
Dividend Per Share to Earning Per Share % 0.00 0.00 0.00
Price to Book Value (Times) 1.86 0.55 0.54
Gross Margin % -11.19 8.21 -0.60
Margin Before Interest and Tax % -28.85 3.33 -0.88
Profit Margin % -39.35 -3.94 -5.78
Return On Assets % -9.92 -0.94 -1.91
Return On Equity % -17.53 -1.42 -2.71
Debt Ratio % 43.44 33.75 29.63
Equity Ratio % 56.56 66.25 70.37
Interest Coverage Ratio (Times) -2.75 0.46 -0.18
Total Assets Turnover (Times) 0.25 0.24 0.33
Fixed Assets Turnover (Times) 1.22 1.33 1.71
Working Capital Turnover (Times) 0.91 0.59 0.77
Current Ratio (Times) 1.63 2.19 2.45
Working Capital (JD) 2,034,350.00 2,978,652.00 3,030,900.00