JORDAN STEEL Financial
Trading Information
2018 | 2017 | 2016 | |
---|---|---|---|
Par Value/Share (JD) | 1.00 | 1.00 | 1.00 |
Closing Price (JD) | 0.42 | 0.53 | 0.35 |
Value Traded (JD) | 6,318,978 | 32,814,655 | 9,576,607 |
No. of Shares Traded | 12,568,814 | 61,589,879 | 20,937,206 |
No. of Transactions | 6,626 | 23,363 | 10,900 |
No. of Subscribed Shares | 35,000,000 | 35,000,000 | 35,000,000 |
Market Capitalization (JD) | 14,700,000 | 18,550,000 | 12,250,000 |
Fiscal Year Ended | 31/12/2018 | 31/12/2017 | 31/12/2016 |
Assets (JD)
2018 | 2017 | 2016 | |
---|---|---|---|
Cash on Hand & at Banks | 974,493 | 184,131 | 775,249 |
Accounts Receivable, Net | 3,686,656 | 4,438,933 | 5,077,093 |
Notes Receivable | 0 | 0 | 0 |
Post Dated Cheques | 1,128,735 | 3,352,276 | 197,677 |
Short Term Investments | 0 | 0 | 0 |
Inventory | 4,744,932 | 6,092,885 | 17,231,182 |
Spare Parts | 5,186,053 | 4,893,616 | 0 |
Total Current Assets | 21,653,656 | 23,187,679 | 26,584,726 |
Long Term Investments | 0 | 0 | 0 |
Fixed Assets, Net | 40,074,434 | 40,430,915 | 39,329,798 |
Lands | 154,784 | 934,131 | 934,131 |
Projects in Progress | 0 | 0 | 0 |
Total Fixed Assets | 40,229,218 | 41,365,046 | 40,263,929 |
Other Assets | 132,817 | 102,000 | 0 |
Total Assets | 62,015,691 | 64,654,725 | 66,848,655 |
Liabilities (JD)
2018 | 2017 | 2016 | |
---|---|---|---|
Accounts and Notes Payable | 5,339,394 | 7,325,125 | 9,126,159 |
Credit Banks | 20,067,507 | 16,510,400 | 15,320,826 |
Short Term Loans | 0 | 0 | 0 |
Accrued Part of Long Term Loans | 0 | 0 | 0 |
Total Current Liabilities | 27,390,511 | 26,161,543 | 26,934,781 |
Long Term Loans & Notes Payable | 0 | 0 | 0 |
Corporate Bonds | 0 | 0 | 0 |
Other Liabilities | 0 | 0 | 0 |
Total Liabilities | 27,390,511 | 26,161,543 | 26,934,781 |
Income Statement (JD)
2018 | 2017 | 2016 | |
---|---|---|---|
Operating Revenues | 38,717,873 | 31,516,359 | 38,103,433 |
Operating Expenses | 38,646,145 | 31,396,728 | 35,998,607 |
Gross Profit | 71,728 | 119,631 | 2,104,826 |
General and Administrative Expenses | 835,398 | 917,507 | 1,278,351 |
Selling and Distribution Expenses | 158,449 | 61,400 | 84,677 |
Depreciation (Period) | 1,287,011 | 575,048 | 1,026,282 |
Other Operating Expenses | 0 | 0 | 30,000 |
Net Operating Income | -922,119 | -859,276 | 711,798 |
Other Revenues | 331,149 | 539,189 | 481,969 |
Other Expenses | 6,407 | 0 | 692,211 |
Income Before Interest & Tax | -597,377 | -320,087 | 501,556 |
Interest Expenses | 1,348,950 | 1,066,421 | 714,616 |
Net Income Before Tax | -1,946,327 | -1,386,508 | -213,060 |
Income Tax (Period) | 0 | 34,184 | 84,170 |
Income Tax (Previous Years) | 0 | 0 | 0 |
Universities and Research Train Fees | 0 | 0 | 0 |
Board of Directors Remuniration | 0 | 0 | 0 |
Net Income | -1,946,327 | -1,420,692 | -297,230 |
Non-controlling Interest | 0 | 0 | 0 |
Net Income Pertains to Shareholders | -1,946,327 | -1,420,692 | -297,230 |
Cash Flow (JD)
2018 | 2017 | 2016 | |
---|---|---|---|
Cash Balance (Beginning) | 184,131 | 775,249 | 974,046 |
Net Cash Flow from (Used in) Operating Activities | -715,068 | 3,010,307 | 4,199,562 |
Net Cash Flow from (Used in) Investing Activities | -3,485 | -552,774 | -765,534 |
Net Cash Flow from (Used in) Financing Activities | 1,508,915 | -3,048,651 | -3,632,825 |
Cash Balance (Ending) | 974,493 | 184,131 | 775,249 |
Financial Ratios
2018 | 2017 | 2016 | |
---|---|---|---|
Turnover Ratio % | 35.91 | 175.97 | 59.82 |
Earning Per Share (JD) | -0.06 | -0.04 | -0.01 |
Dividend Per Share (JD) | 0.00 | 0.00 | 0.00 |
Book Value Per Share (JD) | 0.99 | 1.10 | 1.14 |
Price Earnings Ratio (Times) | -7.55 | -13.06 | -41.21 |
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) | 0.42 | 0.48 | 0.31 |
Gross Margin % | 0.19 | 0.38 | 5.52 |
Margin Before Interest and Tax % | -1.54 | -1.02 | 1.32 |
Profit Margin % | -5.03 | -4.51 | -0.78 |
Return On Assets % | -3.14 | -2.20 | -0.44 |
Return On Equity % | -5.62 | -3.69 | -0.74 |
Debt Ratio % | 44.17 | 40.46 | 40.29 |
Equity Ratio % | 55.83 | 59.54 | 59.71 |
Interest Coverage Ratio (Times) | -0.44 | -0.30 | 0.70 |
Total Assets Turnover (Times) | 0.62 | 0.49 | 0.57 |
Fixed Assets Turnover (Times) | 0.96 | 0.76 | 0.95 |
Working Capital Turnover (Times) | -6.75 | -10.60 | -108.85 |
Current Ratio (Times) | 0.79 | 0.89 | 0.99 |
Working Capital (JD) | -5,736,855.00 | -2,973,864.00 | -350,055.00 |