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Trading Information

2019 2018 2017
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.33 0.27 0.40
Value Traded (JD) 7,312,469 2,699,462 8,496,378
No. of Shares Traded 15,249,159 7,469,830 12,997,374
No. of Transactions 6,707 4,246 8,650
No. of Subscribed Shares 3,000,000 6,000,000 6,000,000
Market Capitalization (JD) 990,000 1,620,000 2,400,000
Fiscal Year Ended 31/12/2019 31/12/2018 31/12/2017

Assets (JD)

2019 2018 2017
Cash on Hand & at Banks 27,106 10,530 5,591
Notes Receivable 0 0 0
Short Term Investments 247 443 363
Inventory 1,685,978 1,897,036 2,099,776
Spare Parts 0 0 0
Total Current Assets 2,313,973 2,654,319 2,902,749
Long Term Investments 25,803 239,210 239,210
Fixed Assets, Net 2,455,372 2,575,946 2,675,332
Lands 94,414 179,784 179,784
Projects in Progress 0 0 0
Total Fixed Assets 2,549,786 2,755,730 2,855,116
Other Assets 1,007 2,773 4,538
Total Assets 4,890,569 5,652,032 6,001,613

Liabilities (JD)

2019 2018 2017
Credit Banks 0 0 0
Short Term Loans 337,880 336,356 505,981
Accrued Part of Long Term Loans 285,475 707,572 113,544
Total Current Liabilities 1,596,994 2,080,211 1,420,657
Long Term Loans & Notes Payable 899,625 966,087 1,263,679
Corporate Bonds 0 0 0
Other Liabilities 0 0 68,765
Total Liabilities 2,496,619 3,046,298 2,753,101

Shareholders Equity (JD)

2019 2018 2017
Authorized Capital 3,000,000 6,000,000 6,000,000
Subscribed Capital 3,000,000 6,000,000 6,000,000
Paid in Capital 3,000,000 6,000,000 6,000,000
Compulsory Reserves 0 0 288,966
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 -606,050 -3,394,266 -3,040,454
Total Shareholders Equity 2,393,950 2,605,734 3,248,512
Non-controlling Interest 0 0 0
Total Liabilities & Shareholders Equity 4,890,569 5,652,032 6,001,613

Income Statement (JD)

2019 2018 2017
Operating Revenues 49,192 411,050 815,996
Operating Expenses 244,110 569,449 1,360,154
Gross Profit -194,918 -158,399 -544,158
General and Administrative Expenses 176,456 186,661 248,641
Selling and Distribution Expenses 47,118 57,724 25,132
Depreciation (Period) 77,067 100,826 119,285
Other Operating Expenses 201,393 209,979 8,337
Net Operating Income -619,885 -612,763 -826,268
Other Revenues 531,253 71,350 50,632
Other Expenses 0 0 0
Income Before Interest & Tax -88,632 -541,413 -775,636
Interest Expenses 123,152 91,365 107,991
Net Income Before Tax -211,784 -632,778 -883,627
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 -211,784 -632,778 -883,627
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders -211,784 -632,778 -883,627

Cash Flow (JD)

2019 2018 2017
Cash Balance (Beginning) 10,530 5,591 7,292
Net Cash Flow from (Used in) Operating Activities -357,531 -83,432 697,378
Net Cash Flow from (Used in) Investing Activities 861,143 325 856
Net Cash Flow from (Used in) Financing Activities -487,036 88,046 -699,935
Cash Balance (Ending) 27,106 10,530 5,591

Financial Ratios

2019 2018 2017
Turnover Ratio % 508.305 124.497 216.623
Earning Per Share (JD) -0.071 -0.106 -0.147
Dividend Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.798 0.434 0.541
Price Earnings Ratio (Times) -4.675 -2.560 -2.716
Dividend Yield % 0.000 0.000 0.000
Dividend Per Share to Earning Per Share % 0.000 0.000 0.000
Price to Book Value (Times) 0.414 0.622 0.739
Gross Margin % -396.239 -38.535 -66.686
Margin Before Interest and Tax % -180.176 -131.715 -95.054
Profit Margin % -430.525 -153.942 -108.288
Return On Assets % -4.331 -11.196 -14.723
Return On Equity % -8.847 -24.284 -27.201
Debt Ratio % 51.050 53.897 45.873
Equity Ratio % 48.950 46.103 54.127
Interest Coverage Ratio (Times) -0.720 -5.926 -7.182
Total Assets Turnover (Times) 0.010 0.073 0.136
Fixed Assets Turnover (Times) 0.019 0.149 0.286
Working Capital Turnover (Times) 0.069 0.716 0.551
Current Ratio (Times) 1.449 1.276 2.043
Working Capital (JD) 716,979.000 574,108.000 1,482,092.000