Menu

Trading Information

2017 2016 2015
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 1.82 1.60 1.06
Value Traded (JD) 11,036,681 24,429,004 12,095,904
No. of Shares Traded 6,260,513 17,480,117 11,733,734
No. of Transactions 335 2,088 1,950
No. of Subscribed Shares 9,500,000 9,500,000 13,265,041
Market Capitalization (JD) 17,290,000 15,200,000 14,060,943
Fiscal Year Ended 31/12/2017 31/12/2016 31/12/2015

Assets (JD)

2017 2016 2015
Current Assets
Cash on Hand & at Banks 416,049 3,967,413 300,000
Financial Assets at Fair Value Through Profit 300 1,200 13,200
Real Estate Ready for Sale 0 0 0
Cheques to Be Collected 0 9,750 19,000
Other Current Assets 23,235 19,953 217,655
Total Current Assets 439,585 3,998,317 549,856
Non-Current Assets
Investments in Real Estates 9,992,602 9,988,406 12,789,698
Financial Assets at Fair Value Through Other Comprehensive Income 0 0 0
Fixed Assets, Net 62,953 5,675 8,311
Projects in Progress 0 0 0
Investments in Companies (Sister and Affiliate) 0 0 0
Other Non-Current Assets 60,080 3,785 112,725
Total Non-Current Assets 10,115,635 9,997,866 12,910,734
Total Assets 10,555,220 13,996,183 13,460,590

Liabilities (JD)

2017 2016 2015
Current Liabilities
Credit Banks 0 0 5,750
Short Term Loans 0 0 201,699
Accrued Part of Long Term Loans 0 0 0
Other Current Liabilities 750,113 3,974,617 195,376
Total Current Liabilities 787,387 4,002,272 445,801
Non-Current Liabilities
Long Term Loan 0 0 0
Corporate Bonds 0 0 0
Other Non-Current Liabilities 0 0 0
Total Non-Current Liabilities 0 0 0
Total Liabilities 787,387 4,002,272 445,801

Shareholders Equity (JD)

2017 2016 2015
Authorized Capital 9,500,000 9,500,000 13,265,041
Subscribed Capital 9,500,000 9,500,000 13,265,041
Paid in Capital 9,500,000 9,500,000 13,265,041
Compulsory Reserves 165,500 165,500 93,575
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 102,333 328,411 -343,827
Total Owners' Equity (Pertaining to Company's Shareholders) 9,767,833 9,993,911 13,014,789
Non-controlling Interest 0 0 0
Total Owners' Equity 9,767,833 9,993,911 13,014,789
Total Liabilities & Owners' Equity 10,555,220 13,996,183 13,460,590

Income Statement (JD)

2017 2016 2015
Revenues
Lands and Apartments Sales Revenue 0 0 310,000
Rents and Services Revenue 0 0 0
Real Estate Revaluation 0 0 0
Total Operating Revenues 0 0 310,000
Profits From Sales of Securities 0 0 0
Securities Revaluation -900 -12,000 0
Dividends 0 0 0
Companies Share of Sister and Affiliate Companies Profit 0 0 0
Other Revenues 11,947 1,172,542 128,214
Total Revenues 11,047 1,160,542 438,214
Expenses
Lands and Apartments Sales Expense 0 0 192,683
Rents and Services Expense 0 0 0
General and Administrative Expenses 264,906 263,882 262,482
Depreciation 11,063 5,360 5,597
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 0 0 0
Total Operating Expenses 264,906 263,882 455,165
Other Expenses 0 0 0
Profit Before Interest, Income Tax and Fees Expenses -253,859 896,660 -16,951
Interest Expense 3,943 1,029 12,167
Profit Before Tax and Fees Expenses -257,802 895,631 -29,118
Jordanian Universities Fees 0 0 0
Scientific Research Fees 0 0 0
Professional and Technical Training and Education Fees 0 0 0
Board Members Remuneration 24,571 0 0
Previous Years Income Tax 0 0 0
Income Tax -56,295 151,468 79,343
Net Profit -226,078 744,163 -108,461
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -226,078 744,163 -108,461

Cash Flow (JD)

2017 2016 2015
Cash Balance (Beginning) 3,967,413 300,000 14
Net Cash Flow from (Used in) Operating Activities -3,978,827 1,076,065 -98,009
Net Cash Flow from (Used in) Investing Activities -72,537 2,798,797 190,546
Net Cash Flow from (Used in) Financing Activities 500,000 -207,449 207,449
Cash Balance (Ending) 416,049 3,967,413 300,000

Financial Ratios

2017 2016 2015
Turnover Ratio % 65.90 184.00 88.46
Earnings Per Share (JD) -0.02 0.08 -0.01
Dividends Per Share (JD) 0.00 0.00 0.00
Book Value Per Share (JD) 1.03 1.05 0.98
Price Earnings Ratio (Times) -76.48 20.43 -129.64
Dividend Yield % 0.00 0.00 0.00
Dividends Per Share to Earnings Per Share % 0.00 0.00 0.00
Price to Book Value (Times) 1.77 1.52 1.08
Return On Assets % -2.14 5.32 -0.81
Return On Equity % -2.31 7.45 -0.83
Debt Ratio % 7.46 28.60 3.31
Equity Ratio % 92.54 71.40 96.69
Interest Coverage Ratio (Times) -64.38 871.39 -1.39
Total Assets Turnover (Times) 0.00 0.00 0.02
Fixed Assets Turnover (Times) 0.00 0.00 37.30
Working Capital Turnover (Times) 0.00 0.00 2.98
Current Ratio (Times) 0.56 1.00 1.23
Working Capital (JD) -347,802.00 -3,955.00 104,055.00