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Trading Information

2018 2017 2016
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 0.50 0.65 1.22
Value Traded (JD) 559,652 4,523,092 2,855,602
No. of Shares Traded 1,008,628 3,575,480 3,321,016
No. of Transactions 1,774 4,507 4,756
No. of Subscribed Shares 11,615,912 11,615,912 11,615,912
Market Capitalization (JD) 5,807,956 7,550,343 14,171,413
Fiscal Year Ended 31/12/2018 31/12/2017 31/12/2016

Assets (JD)

2018 2017 2016
Cash on Hand & at Banks 395,323 539,909 1,324,082
Notes Receivable 0 0 0
Short Term Investments 0 0 0
Inventory 2,883,750 3,071,965 2,283,353
Spare Parts 0 0 0
Total Current Assets 9,493,207 11,229,199 10,954,693
Long Term Investments 0 0 0
Fixed Assets, Net 2,591,876 2,709,421 2,936,235
Lands 0 0 0
Projects in Progress 418,479 0 0
Total Fixed Assets 3,010,355 2,709,421 2,936,235
Other Assets 677,683 76,138 112,516
Total Assets 13,181,245 14,014,758 14,003,444

Liabilities (JD)

2018 2017 2016
Credit Banks 419,487 335,717 0
Short Term Loans 3,342,066 2,855,934 1,812,975
Accrued Part of Long Term Loans 122,221 0 1,304,860
Total Current Liabilities 6,731,973 5,279,785 5,578,770
Long Term Loans & Notes Payable 277,779 0 0
Corporate Bonds 0 0 0
Other Liabilities 0 0 0
Total Liabilities 7,009,752 5,279,785 5,578,770

Shareholders Equity (JD)

2018 2017 2016
Authorized Capital 11,615,912 11,615,912 11,615,912
Subscribed Capital 11,615,912 11,615,912 11,615,912
Paid in Capital 11,615,912 11,615,912 11,615,912
Compulsory Reserves 587,368 587,368 552,700
Voluntary Reserve 1,002 1,002 1,002
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 -6,039,778 -3,476,298 -3,751,929
Total Shareholders Equity 6,164,504 8,727,984 8,417,685
Non-controlling Interest 6,989 6,989 6,989
Total Liabilities & Shareholders Equity 13,181,245 14,014,758 14,003,444

Income Statement (JD)

2018 2017 2016
Operating Revenues 13,644,354 10,313,228 12,255,507
Operating Expenses 9,709,451 7,127,291 8,532,273
Gross Profit 3,934,903 3,185,937 3,723,234
General and Administrative Expenses 897,669 834,240 760,790
Selling and Distribution Expenses 2,852,399 2,022,317 1,736,007
Depreciation (Period) 297,692 321,553 545,791
Other Operating Expenses 164,182 318,044 142,214
Net Operating Income 20,653 11,336 1,084,223
Other Revenues 18,646 469,387 26,860
Other Expenses 165,573 0 116,960
Income Before Interest & Tax -126,274 480,723 994,123
Interest Expenses 222,009 134,046 219,147
Net Income Before Tax -348,283 346,677 774,976
Income Tax (Period) -601,545 36,378 -28,582
Income Tax (Previous Years) 0 0 0
Universities and Research Train Fees 0 0 0
Board of Directors Remuniration 0 0 0
Net Income 253,262 310,299 803,558
Non-controlling Interest 0 0 0
Net Income Pertains to Shareholders 253,262 310,299 803,558

Cash Flow (JD)

2018 2017 2016
Cash Balance (Beginning) 204,192 1,324,082 327,323
Net Cash Flow from (Used in) Operating Activities -293,853 -629,204 229,175
Net Cash Flow from (Used in) Investing Activities -598,626 -94,739 -170,814
Net Cash Flow from (Used in) Financing Activities 664,123 -395,947 938,398
Cash Balance (Ending) -24,164 204,192 1,324,082

Financial Ratios

2018 2017 2016
Turnover Ratio % 8.68 30.78 28.59
Earning Per Share (JD) 0.02 0.03 0.07
Dividend Per Share (JD) 0.00 0.00 0.00
Book Value Per Share (JD) 0.53 0.75 0.72
Price Earnings Ratio (Times) 22.93 24.33 17.64
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) 0.94 0.87 1.68
Gross Margin % 28.84 30.89 30.38
Margin Before Interest and Tax % -0.93 4.66 8.11
Profit Margin % 1.86 3.01 6.56
Return On Assets % 1.92 2.21 5.74
Return On Equity % 4.11 3.56 9.55
Debt Ratio % 53.18 37.67 39.84
Equity Ratio % 46.82 62.33 60.16
Interest Coverage Ratio (Times) -0.57 3.59 4.54
Total Assets Turnover (Times) 1.04 0.74 0.88
Fixed Assets Turnover (Times) 4.53 3.81 4.17
Working Capital Turnover (Times) 4.94 1.73 2.28
Current Ratio (Times) 1.41 2.13 1.96
Working Capital (JD) 2,761,234.00 5,949,414.00 5,375,923.00