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Trading Information

2018 2017 2016
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.89 1.77 1.33
Value Traded (JD) 1,601,994 7,100,726 17,842,255
No. of Shares Traded 1,502,209 4,241,869 18,034,906
No. of Transactions 1,484 2,879 4,811
No. of Subscribed Shares 37,720,000 37,720,000 35,250,000
Market Capitalization (JD) 33,570,800 66,764,400 46,882,500
Fiscal Year Ended 31/12/2018 31/12/2017 31/12/2016

Assets (JD)

2018 2017 2016
Cash on Hand & at Banks 7,376,855 6,097,773 7,164,168
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 9,702,560 9,136,363 9,044,049
Spare Parts 0 0 0
Total Current Assets 138,155,307 119,603,745 131,206,907
Long Term Investments 190,005 234,221 241,391
Fixed Assets, Net 19,196,807 18,146,037 24,146,420
Lands 6,060,240 5,842,235 0
Projects in Progress 0 0 0
Total Fixed Assets 25,257,047 23,988,272 24,146,420
Other Assets 33,787,740 34,388,099 30,752,067
Total Assets 197,390,099 178,214,337 186,346,785

Liabilities (JD)

2018 2017 2016
Credit Banks 16,316,579 15,803,551 9,542,605
Short Term Loans 40,285,997 29,498,048 40,478,676
Accrued Part of Long Term Loans 0 0 0
Total Current Liabilities 144,860,519 125,837,691 135,225,501
Long Term Loans & Notes Payable 0 0 0
Corporate Bonds 0 0 0
Other Liabilities 0 0 0
Total Liabilities 144,860,519 125,837,691 135,225,501

Shareholders Equity (JD)

2018 2017 2016
Authorized Capital 37,720,000 37,720,000 35,250,000
Subscribed Capital 37,720,000 37,720,000 35,250,000
Paid in Capital 37,720,000 37,720,000 35,250,000
Compulsory Reserves 1,621,876 1,468,614 1,143,193
Voluntary Reserve 0 0 0
Other Reserves 21,906 21,906 21,906
Issuance Premium 0 0 2,470,000
Issuance Discount 0 0 0
Treasury Stocks 0 0 0
Cash Dividends 0 2,074,600 3,525,000
Stock Dividends 0 0 0
Accumulated Change in Fair Value -150,530 -106,314 -99,144
Retained Earnings 6,319,203 4,939,846 4,085,661
Total Shareholders Equity 45,532,455 46,118,652 46,396,616
Non-controlling Interest 6,997,125 6,257,994 4,724,668
Total Liabilities & Shareholders Equity 197,390,099 178,214,337 186,346,785

Income Statement (JD)

2018 2017 2016
Operating Revenues 131,548,257 229,838,792 182,342,946
Operating Expenses 125,783,761 220,350,658 174,416,614
Gross Profit 5,764,496 9,488,134 7,926,332
General and Administrative Expenses 2,493,320 2,587,746 2,264,168
Selling and Distribution Expenses 0 0 0
Depreciation (Period) 3,990,323 4,049,034 3,873,204
Other Operating Expenses 0 0 0
Net Operational Income 3,271,176 6,900,388 5,662,164
Other Revenues 753,471 242,054 2,084,237
Other Expenses 0 0 5,138
Income Before Interest & Tax 4,024,647 7,142,442 7,741,263
Interest Expenses 1,308,808 1,425,061 2,512,630
Net Income Before Tax 2,715,839 5,717,381 5,228,633
Income Tax (period) 444,088 929,849 907,170
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income 2,271,751 4,787,532 4,321,463
Non-controlling Interest 739,131 1,533,326 1,205,974
Net Income Pertains to Shareholders 1,532,620 3,254,206 3,115,489

Cash Flow (JD)

2018 2017 2016
Cash Balance (Beginning) 6,097,773 7,164,168 9,205,999
Net Cash Flow from (Used in) Operating Activities -2,807,245 11,127,584 -11,468,127
Net Cash Flow from (Used in) Investing Activities -5,009,097 -3,862,159 -19,143,508
Net Cash Flow from (Used in) Financing Activities 9,095,424 -8,331,820 28,569,804
Cash Balance (Ending) 7,376,855 6,097,773 7,164,168

Financial Ratios

2018 2017 2016
Turnover Ratio % 3.98 11.25 51.16
Earning Per Share (JD) 0.04 0.09 0.09
Dividend Per Share (JD) 0.00 0.06 0.10
Book Value Per Share (JD) 1.21 1.22 1.32
Price Earnings Ratio (Times) 21.90 20.52 15.05
Dividend Yield % 0.00 3.11 7.52
Dividends Per Share to Earning Per Share % 0.00 63.75 113.14
Price to Book Value (Times) 0.7373 1.4477 1.0105
Gross Margin % 4.38 4.13 4.35
Margin Before Interest and Tax % 3.06 3.11 4.25
Profit Margin % 1.73 2.08 2.37
Return On Assets % 1.15 2.69 2.32
Return On Equity % 3.37 7.06 6.71
Debt Ratio % 73.39 70.61 72.57
Equity Ratio % 23.07 25.88 24.90
Interest Coverage Ratio (Times) 3.08 5.01 3.08
Total Assets Turnover (Times) 0.67 1.29 0.98
Fixed Assets Turnover (Times) 5.21 9.58 7.55
Working Capital Turnover (Times) -19.62 -36.87 -45.37
Current Ratio (Times) 0.95 0.95 0.97
Working Capital (JD) -6,705,212.00 -6,233,946.00 -4,018,594.00