INTERMEDIATE PETROCHEMICALS INDUSTRIES CO. LTD. Financial
Trading Information in the Regular Market
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Par Value/Share (JD) | 1.00 | 1.00 | 1.00 |
| Closing Price (JD) | 0.36 | 0.46 | 0.81 |
| Value Traded (JD) | 4,448,159 | 23,343,489 | 20,718,296 |
| No. of Shares Traded | 11,062,897 | 37,464,697 | 29,347,985 |
| No. of Transactions | 5,801 | 16,788 | 11,015 |
| No. of Subscribed Shares | 7,000,000 | 7,000,000 | 7,000,000 |
| Market Capitalization (JD) | 2,520,000 | 3,220,000 | 5,670,000 |
| Fiscal Year Ended | 31/12/2020 | 31/12/2019 | 31/12/2018 |
Assets (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Cash on Hand & at Banks | 213,805 | 31,084 | 273,411 |
| Accounts Receivable, Net | 72,074 | 575,317 | 568,840 |
| Notes Receivable | 0 | 0 | 89,381 |
| Post Dated Cheques | 324,616 | 500,836 | 150,937 |
| Short Term Investments | 0 | 0 | 0 |
| Inventory | 1,089,996 | 1,024,354 | 1,725,720 |
| Spare Parts | 0 | 0 | 0 |
| Total Current Assets | 1,775,900 | 2,196,972 | 3,253,200 |
| Long Term Investments | 21,475 | 21,302 | 21,810 |
| Fixed Assets, Net | 3,853,074 | 4,253,630 | 4,389,753 |
| Lands | 1,239,611 | 1,239,611 | 1,239,611 |
| Projects in Progress | 0 | 0 | 226,210 |
| Total Fixed Assets | 5,092,685 | 5,493,241 | 5,855,574 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 6,890,060 | 7,711,515 | 9,130,584 |
Liabilities (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Accounts and Notes Payable | 182,951 | 199,462 | 146,029 |
| Credit Banks | 487,374 | 488,956 | 4,374,274 |
| Short Term Loans | 1,757,915 | 1,153,189 | 0 |
| Accrued Part of Long Term Loans | 0 | 0 | 0 |
| Total Current Liabilities | 2,540,353 | 2,017,850 | 5,047,074 |
| Long Term Loans & Notes Payable | 2,105,822 | 2,756,750 | 0 |
| Corporate Bonds | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | 4,646,175 | 4,774,600 | 5,047,074 |
Income Statement (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenues | 2,072,343 | 3,207,066 | 4,373,551 |
| Operating Expenses | 2,175,997 | 3,584,626 | 4,670,826 |
| Gross Profit | -103,654 | -377,560 | -297,275 |
| General and Administrative Expenses | 275,942 | 403,265 | 472,419 |
| Selling and Distribution Expenses | 59,790 | 83,551 | 109,712 |
| Depreciation (Period) | 407,301 | 394,988 | 408,327 |
| Other Operating Expenses | 165,288 | 413,893 | 111,843 |
| Net Operating Income | -604,674 | -1,278,269 | -991,249 |
| Other Revenues | 125,816 | 400,146 | 10,610 |
| Other Expenses | 0 | 0 | 0 |
| Income Before Interest & Tax | -478,858 | -878,123 | -980,639 |
| Interest Expenses | 214,345 | 267,964 | 279,705 |
| Net Income Before Tax | -693,203 | -1,146,087 | -1,260,344 |
| 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 | -693,203 | -1,146,087 | -1,260,344 |
| Non-controlling Interest | 0 | 0 | 0 |
| Net Income Pertains to Shareholders | -693,203 | -1,146,087 | -1,260,344 |
Cash Flow (JD)
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Cash Balance (Beginning) | 31,084 | 273,411 | 153,008 |
| Net Cash Flow from (Used in) Operating Activities | 451,595 | 32,521 | 1,001,488 |
| Net Cash Flow from (Used in) Investing Activities | -6,745 | -31,505 | -28,670 |
| Net Cash Flow from (Used in) Financing Activities | -262,129 | -243,343 | -852,415 |
| Cash Balance (Ending) | 213,805 | 31,084 | 273,411 |
Financial Ratios
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Turnover Ratio % | 158.041 | 535.210 | 419.257 |
| Earning Per Share (JD) | -0.099 | -0.164 | -0.180 |
| Dividend Per Share (JD) | 0.000 | 0.000 | 0.000 |
| Book Value Per Share (JD) | 0.321 | 0.420 | 0.583 |
| Price Earnings Ratio (Times) | -3.635 | -2.810 | -4.499 |
| 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) | 1.123 | 1.096 | 1.389 |
| Gross Margin % | -5.002 | -11.773 | -6.797 |
| Margin Before Interest and Tax % | -23.107 | -27.381 | -22.422 |
| Profit Margin % | -33.450 | -35.736 | -28.817 |
| Return On Assets % | -10.061 | -14.862 | -13.804 |
| Return On Equity % | -30.893 | -39.024 | -30.864 |
| Debt Ratio % | 67.433 | 61.915 | 55.277 |
| Equity Ratio % | 32.567 | 38.085 | 44.723 |
| Interest Coverage Ratio (Times) | -2.234 | -3.277 | -3.506 |
| Total Assets Turnover (Times) | 0.301 | 0.416 | 0.479 |
| Fixed Assets Turnover (Times) | 0.407 | 0.584 | 0.747 |
| Working Capital Turnover (Times) | -2.711 | 17.904 | -2.438 |
| Current Ratio (Times) | 0.699 | 1.089 | 0.645 |
| Working Capital (JD) | -764,453.000 | 179,122.000 | -1,793,874.000 |