INTERMEDIATE PETROCHEMICALS INDUSTRIES CO. LTD. Financial
Trading Information in the Regular Market
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Par Value/Share (JD) | 1.00 | 1.00 | 1.00 |
| Closing Price (JD) | 0.98 | 0.36 | 0.46 |
| Value Traded (JD) | 1,852,341 | 4,448,159 | 23,343,489 |
| No. of Shares Traded | 2,680,801 | 11,062,897 | 37,464,697 |
| No. of Transactions | 2,124 | 5,801 | 16,788 |
| No. of Subscribed Shares | 3,000,000 | 7,000,000 | 7,000,000 |
| Market Capitalization (JD) | 2,940,000 | 2,520,000 | 3,220,000 |
| Fiscal Year Ended | 31/12/2021 | 31/12/2020 | 31/12/2019 |
Assets (JD)
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Cash on Hand & at Banks | 310,904 | 213,805 | 31,084 |
| Accounts Receivable, Net | 290,458 | 72,074 | 575,317 |
| Notes Receivable | 0 | 0 | 0 |
| Post Dated Cheques | 2,720 | 324,616 | 500,836 |
| Short Term Investments | 0 | 0 | 0 |
| Inventory | 902,000 | 1,089,996 | 1,024,354 |
| Spare Parts | 0 | 0 | 0 |
| Total Current Assets | 1,580,240 | 1,775,900 | 2,196,972 |
| Long Term Investments | 21,583 | 21,475 | 21,302 |
| Fixed Assets, Net | 3,462,133 | 3,853,074 | 4,253,630 |
| Lands | 1,239,611 | 1,239,611 | 1,239,611 |
| Projects in Progress | 0 | 0 | 0 |
| Total Fixed Assets | 4,701,744 | 5,092,685 | 5,493,241 |
| Other Assets | 0 | 0 | 0 |
| Total Assets | 6,303,567 | 6,890,060 | 7,711,515 |
Liabilities (JD)
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Accounts and Notes Payable | 142,674 | 182,951 | 199,462 |
| Credit Banks | 501,005 | 487,374 | 488,956 |
| Short Term Loans | 1,647,967 | 1,757,915 | 1,153,189 |
| Current Part of Long Term Loans | 0 | 0 | 0 |
| Total Current Liabilities | 2,416,861 | 2,540,353 | 2,017,850 |
| Long Term Loans & Notes Payable | 2,121,199 | 2,105,822 | 2,756,750 |
| Corporate Bonds | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 |
| Total Liabilities | 4,538,060 | 4,646,175 | 4,774,600 |
Income Statement (JD)
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Operating Revenues | 2,084,755 | 2,072,343 | 3,207,066 |
| Operating Expenses | 2,082,807 | 2,175,997 | 3,584,626 |
| Gross Profit | 1,948 | -103,654 | -377,560 |
| General and Administrative Expenses | 253,751 | 275,942 | 403,265 |
| Selling and Distribution Expenses | 60,369 | 59,790 | 83,551 |
| Depreciation (Period) | 407,727 | 407,301 | 394,988 |
| Other Operating Expenses | 99,430 | 165,288 | 413,893 |
| Net Operating Income | -411,602 | -604,674 | -1,278,269 |
| Other Revenues | 118,257 | 125,816 | 400,146 |
| Other Expenses | 0 | 0 | 0 |
| Income Before Interest & Tax | -293,345 | -478,858 | -878,123 |
| Interest Expenses | 185,141 | 214,345 | 267,964 |
| Net Income Before Tax | -478,486 | -693,203 | -1,146,087 |
| 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 | -478,486 | -693,203 | -1,146,087 |
| Non-controlling Interest | 0 | 0 | 0 |
| Net Income Pertains to Shareholders | -478,486 | -693,203 | -1,146,087 |
Cash Flow (JD)
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Cash Balance (Beginning) | 213,805 | 31,084 | 273,411 |
| Net Cash Flow from (Used in) Operating Activities | 379,966 | 451,595 | 32,521 |
| Net Cash Flow from (Used in) Investing Activities | -16,786 | -6,745 | -31,505 |
| Net Cash Flow from (Used in) Financing Activities | -266,081 | -262,129 | -243,343 |
| Cash Balance (Ending) | 310,904 | 213,805 | 31,084 |
Financial Ratios
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Turnover Ratio % | 89.360 | 158.041 | 535.210 |
| Earning Per Share (JD) | -0.160 | -0.099 | -0.164 |
| Dividend Per Share (JD) | 0.000 | 0.000 | 0.000 |
| Book Value Per Share (JD) | 0.589 | 0.321 | 0.420 |
| Price Earnings Ratio (Times) | -6.144 | -3.635 | -2.810 |
| 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) | 1.665 | 1.123 | 1.096 |
| Gross Margin % | 0.093 | -5.002 | -11.773 |
| Margin Before Interest and Tax % | -14.071 | -23.107 | -27.381 |
| Profit Margin % | -22.952 | -33.450 | -35.736 |
| Return On Assets % | -7.591 | -10.061 | -14.862 |
| Return On Equity % | -27.102 | -30.893 | -39.024 |
| Debt Ratio % | 71.992 | 67.433 | 61.915 |
| Equity Ratio % | 28.008 | 32.567 | 38.085 |
| Interest Coverage Ratio (Times) | -1.584 | -2.234 | -3.277 |
| Total Assets Turnover (Times) | 0.331 | 0.301 | 0.416 |
| Fixed Assets Turnover (Times) | 0.443 | 0.407 | 0.584 |
| Working Capital Turnover (Times) | -2.492 | -2.711 | 17.904 |
| Current Ratio (Times) | 0.654 | 0.699 | 1.089 |
| Working Capital (JD) | -836,621.000 | -764,453.000 | 179,122.000 |