Aldrees net profit falls 47% in Q1

24/04/2017 Argaam Exclusive

View other reports

Share Price

Aldrees Petroleum and Transport Services Co. (ALDREES)

Aldrees Petroleum & Transport Services Co. reported a net profit of SAR 14.6 million for the first quarter 2017, a 47.5 percent year-on-year (YoY) drop on lower sales in the transport sector and the closing down of some gas stations for renovations.

Operating costs, selling costs and financial charges increased while marketing expenses, general and administrative (G&A) expenses and zakat expenses declined.

Sequentially, the company’s net profit fell 1.4 percent, mainly due to lower gas and transport sector sales, in addition to higher cost of sales and operating costs.

Current Quarter Comparison (M)

Compared With The

Item	Q1 2016	Q1 2017	Change‬
Revenues	843.73	840.39	(0.4 %)
Gross Income	57.62	42.50	(26.2 %)
Operating Income	31.24	17.46	(44.1 %)
Net Income	27.78	14.58	(47.5 %)
Average Shares	100.00	100.00	-
EPS (Riyals)	0.28	0.15	(47.5 %)

Item	Q4 2016	Q1 2017	Change‬
Revenues	869.33	840.39	(3.3 %)
Gross Income	43.08	42.50	(1.3 %)
Operating Income	17.89	17.46	(2.4 %)
Net Income	16.68	14.58	(12.6 %)
Average Shares	100.00	100.00	-
EPS (Riyals)	0.17	0.15	(12.6 %)

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
Q1 2008	258.97	31.8 %	26.26	2.0 %	12.38	(16.0 %)	0.12
Q2 2008	287.29	31.4 %	30.99	17.3 %	15.59	0.9 %	0.16
Q3 2008	282.93	28.2 %	30.01	26.6 %	13.80	31.8 %	0.14
Q4 2008	305.26	32.4 %	31.06	48.3 %	11.11	14.0 %	0.11
2008	1,134.45	30.9 %	118.33	22.2 %	52.88	4.9 %	0.53
Q1 2009	310.12	19.8 %	29.06	10.6 %	13.75	11.1 %	0.14
Q2 2009	335.22	16.7 %	37.34	20.5 %	19.59	25.7 %	0.20
Q3 2009	323.21	14.2 %	34.39	14.6 %	18.14	31.4 %	0.18
Q4 2009	340.96	11.7 %	34.15	9.9 %	17.42	56.7 %	0.17
2009	1,309.51	15.4 %	134.93	14.0 %	68.90	30.3 %	0.69
Q1 2010	342.53	10.5 %	35.99	23.9 %	19.86	44.4 %	0.20
Q2 2010	377.90	12.7 %	44.16	18.3 %	26.70	36.3 %	0.27
Q3 2010	372.72	15.3 %	38.01	10.5 %	20.99	15.7 %	0.21
Q4 2010	387.24	13.6 %	35.05	2.7 %	18.47	6.1 %	0.18
2010	1,480.39	13.0 %	153.21	13.5 %	86.02	24.9 %	0.86
Q1 2011	395.84	15.6 %	37.80	5.0 %	22.01	10.8 %	0.22
Q2 2011	430.42	13.9 %	43.06	(2.5 %)	24.56	(8.0 %)	0.25
Q3 2011	423.92	13.7 %	40.76	7.2 %	22.03	4.9 %	0.22
Q4 2011	444.00	14.7 %	42.65	21.7 %	23.57	27.6 %	0.24
2011	1,694.18	14.4 %	164.26	7.2 %	92.17	7.1 %	0.92
Q1 2012	452.68	14.4 %	41.13	8.8 %	22.77	3.5 %	0.23
Q2 2012	473.74	10.1 %	45.27	5.1 %	26.43	7.6 %	0.26
Q3 2012	462.24	9.0 %	41.11	0.9 %	22.64	2.8 %	0.23
Q4 2012	484.92	9.2 %	43.99	3.1 %	23.71	0.6 %	0.24
2012	1,873.57	10.6 %	171.50	4.4 %	95.55	3.7 %	0.96
Q1 2013	490.06	8.3 %	44.86	9.1 %	23.56	3.5 %	0.24
Q2 2013	503.26	6.2 %	47.79	5.6 %	27.40	3.6 %	0.27
Q3 2013	486.18	5.2 %	46.17	12.3 %	24.34	7.6 %	0.24
Q4 2013	503.18	3.8 %	48.83	11.0 %	26.40	11.3 %	0.26
2013	1,982.68	5.8 %	187.65	9.4 %	101.69	6.4 %	1.02
Q1 2014	518.59	5.8 %	55.62	24.0 %	30.51	29.5 %	0.31
Q2 2014	550.68	9.4 %	62.52	30.8 %	35.36	29.1 %	0.35
Q3 2014	531.96	9.4 %	54.83	18.8 %	26.56	9.1 %	0.27
Q4 2014	543.09	7.9 %	54.14	10.9 %	31.29	18.5 %	0.31
2014	2,144.32	8.2 %	227.11	21.0 %	123.73	21.7 %	1.24
Q1 2015	563.95	8.7 %	65.65	18.0 %	41.99	37.6 %	0.42
Q2 2015	580.01	5.3 %	64.86	3.8 %	36.77	4.0 %	0.37
Q3 2015	566.53	6.5 %	56.33	2.7 %	32.31	21.7 %	0.32
Q4 2015	592.50	9.1 %	65.00	20.1 %	32.96	5.3 %	0.33
2015	2,302.99	7.4 %	251.84	10.9 %	144.04	16.4 %	1.44
Q1 2016	843.73	49.6 %	57.62	(12.2 %)	27.78	(33.8 %)	0.28
Q2 2016	896.65	54.6 %	58.57	(9.7 %)	28.51	(22.5 %)	0.29
Q3 2016	851.65	50.3 %	48.12	(14.6 %)	18.05	(44.1 %)	0.18
Q4 2016	869.33	46.7 %	43.08	(33.7 %)	16.68	(49.4 %)	0.17
2016	3,461.35	50.3 %	207.39	(17.7 %)	91.02	(36.8 %)	0.91
Q1 2017	840.39	(0.4 %)	42.50	(26.2 %)	14.58	(47.5 %)	0.15

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
2007	866.45	10.5 %	96.82	37.1 %	50.40	21.7 %	0.50
2008	1,134.45	30.9 %	118.33	22.2 %	52.88	4.9 %	0.53
2009	1,309.51	15.4 %	134.93	14.0 %	68.90	30.3 %	0.69
2010	1,480.39	13.0 %	153.21	13.5 %	86.02	24.9 %	0.86
2011	1,694.18	14.4 %	164.26	7.2 %	92.17	7.1 %	0.92
2012	1,873.57	10.6 %	171.50	4.4 %	95.55	3.7 %	0.96
2013	1,982.68	5.8 %	187.65	9.4 %	101.69	6.4 %	1.02
2014	2,144.32	8.2 %	227.11	21.0 %	123.73	21.7 %	1.24
2015	2,302.99	7.4 %	251.84	10.9 %	144.04	16.4 %	1.44
2016	3,461.35	50.3 %	207.39	(17.7 %)	91.02	(36.8 %)	0.91

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2008	10.48 %	8.03 %	5.17 %
Q2 2008	10.22 %	7.81 %	4.83 %
Q3 2008	10.21 %	8.07 %	4.86 %
Q4 2008	10.43 %	8.17 %	4.66 %
2008	10.43 %	8.17 %	4.66 %
Q1 2009	10.22 %	8.22 %	4.58 %
Q2 2009	10.33 %	8.48 %	4.72 %
Q3 2009	10.35 %	8.70 %	4.91 %
Q4 2009	10.30 %	9.02 %	5.26 %
2009	10.30 %	9.02 %	5.26 %
Q1 2010	10.57 %	9.36 %	5.59 %
Q2 2010	10.74 %	9.64 %	5.93 %
Q3 2010	10.62 %	9.62 %	5.92 %
Q4 2010	10.35 %	9.44 %	5.85 %
2010	10.35 %	9.44 %	5.85 %
Q1 2011	10.11 %	9.31 %	5.79 %
Q2 2011	9.70 %	9.01 %	5.46 %
Q3 2011	9.57 %	8.90 %	5.36 %
Q4 2011	9.70 %	9.06 %	5.44 %
2011	9.70 %	9.06 %	5.44 %
Q1 2012	9.57 %	8.96 %	5.31 %
Q2 2012	9.46 %	8.95 %	5.28 %
Q3 2012	9.28 %	8.85 %	5.21 %
Q4 2012	9.15 %	8.75 %	5.10 %
2012	9.15 %	8.75 %	5.10 %
Q1 2013	9.17 %	8.68 %	5.04 %
Q2 2013	9.16 %	8.56 %	5.01 %
Q3 2013	9.31 %	8.55 %	5.04 %
Q4 2013	9.46 %	8.67 %	5.13 %
2013	9.46 %	8.67 %	5.13 %
Q1 2014	9.87 %	8.94 %	5.40 %
Q2 2014	10.35 %	9.29 %	5.66 %
Q3 2014	10.54 %	9.41 %	5.65 %
Q4 2014	10.59 %	9.49 %	5.77 %
2014	10.59 %	9.49 %	5.77 %
Q1 2015	10.83 %	9.61 %	5.89 %
Q2 2015	10.79 %	9.55 %	5.87 %
Q3 2015	10.69 %	9.20 %	5.87 %
Q4 2015	10.94 %	9.35 %	5.78 %
2015	10.94 %	9.35 %	5.78 %
Q1 2016	9.44 %	8.08 %	4.85 %
Q2 2016	8.19 %	6.97 %	4.03 %
Q3 2016	7.20 %	6.30 %	3.34 %
Q4 2016	5.99 %	5.16 %	2.63 %
2016	5.99 %	5.16 %	2.63 %
Q1 2017	5.56 %	4.83 %	2.25 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2007	11.17 %	8.52 %	5.82 %
2008	10.43 %	8.17 %	4.66 %
2009	10.30 %	9.02 %	5.26 %
2010	10.35 %	9.44 %	5.85 %
2011	9.70 %	9.06 %	5.44 %
2012	9.15 %	8.75 %	5.10 %
2013	9.46 %	8.67 %	5.13 %
2014	10.59 %	9.49 %	5.77 %
2015	10.94 %	9.35 %	5.78 %
2016	5.99 %	5.16 %	2.63 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2008	10.14 %	7.85 %	4.78 %
Q2 2008	10.79 %	8.69 %	5.43 %
Q3 2008	10.61 %	8.66 %	4.88 %
Q4 2008	10.18 %	7.51 %	3.64 %
Q1 2009	9.37 %	8.08 %	4.43 %
Q2 2009	11.14 %	9.60 %	5.84 %
Q3 2009	10.64 %	9.49 %	5.61 %
Q4 2009	10.01 %	8.84 %	5.11 %
Q1 2010	10.51 %	9.52 %	5.80 %
Q2 2010	11.69 %	10.59 %	7.07 %
Q3 2010	10.20 %	9.44 %	5.63 %
Q4 2010	9.05 %	8.24 %	4.93 %
Q1 2011	9.55 %	9.03 %	5.56 %
Q2 2011	10.00 %	9.33 %	5.71 %
Q3 2011	9.61 %	8.96 %	5.20 %
Q4 2011	9.60 %	8.94 %	5.31 %
Q1 2012	9.09 %	8.64 %	5.03 %
Q2 2012	9.56 %	9.24 %	5.58 %
Q3 2012	8.89 %	8.58 %	4.90 %
Q4 2012	9.07 %	8.52 %	4.89 %
Q1 2013	9.15 %	8.39 %	4.81 %
Q2 2013	9.50 %	8.74 %	5.44 %
Q3 2013	9.50 %	8.53 %	5.01 %
Q4 2013	9.70 %	9.00 %	5.25 %
Q1 2014	10.73 %	9.45 %	5.88 %
Q2 2014	11.35 %	10.09 %	6.42 %
Q3 2014	10.31 %	9.05 %	4.99 %
Q4 2014	9.97 %	9.35 %	5.76 %
Q1 2015	11.64 %	9.93 %	6.33 %
Q2 2015	11.18 %	9.82 %	6.34 %
Q3 2015	9.94 %	7.69 %	5.02 %
Q4 2015	10.97 %	9.93 %	5.43 %
Q1 2016	6.83 %	5.85 %	3.29 %
Q2 2016	6.53 %	5.62 %	3.18 %
Q3 2016	5.65 %	4.94 %	2.12 %
Q4 2016	4.96 %	4.25 %	1.92 %
Q1 2017	5.06 %	4.45 %	1.74 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2008	100.00	0.48	0.48	2.76
Q2 2008	100.00	0.48	0.48	2.92
Q3 2008	100.00	0.52	0.52	3.06
Q4 2008	100.00	0.53	0.53	3.17
Q1 2009	100.00	0.54	0.54	2.91
Q2 2009	100.00	0.58	0.58	3.11
Q3 2009	100.00	0.63	0.63	3.29
Q4 2009	100.00	0.69	0.69	3.47
Q1 2010	100.00	0.75	0.75	3.27
Q2 2010	100.00	0.82	0.82	3.54
Q3 2010	100.00	0.85	0.85	3.75
Q4 2010	100.00	0.86	0.87	3.93
Q1 2011	100.00	0.88	0.89	3.64
Q2 2011	100.00	0.86	0.87	3.88
Q3 2011	100.00	0.87	0.88	4.10
Q4 2011	100.00	0.92	0.92	4.34
Q1 2012	100.00	0.93	0.93	4.05
Q2 2012	100.00	0.95	0.95	4.32
Q3 2012	100.00	0.95	0.95	4.54
Q4 2012	100.00	0.96	0.96	4.78
Q1 2013	100.00	0.96	0.96	4.40
Q2 2013	100.00	0.97	0.97	4.67
Q3 2013	100.00	0.99	0.99	4.92
Q4 2013	100.00	1.02	1.02	5.18
Q1 2014	100.00	1.09	1.09	4.87
Q2 2014	100.00	1.17	1.17	5.23
Q3 2014	100.00	1.19	1.19	5.49
Q4 2014	100.00	1.24	1.24	5.80
Q1 2015	100.00	1.35	1.29	5.41
Q2 2015	100.00	1.37	1.30	5.78
Q3 2015	100.00	1.42	1.32	6.10
Q4 2015	100.00	1.44	1.33	6.43
Q1 2016	100.00	1.30	1.25	5.72
Q2 2016	100.00	1.22	1.17	6.19
Q3 2016	100.00	1.07	1.07	6.37
Q4 2016	100.00	0.91	0.91	6.34
Q1 2017	100.00	0.78	0.78	6.07

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2007	100.00	0.50	0.50	2.96
2008	100.00	0.53	0.53	3.17
2009	100.00	0.69	0.69	3.47
2010	100.00	0.86	0.87	3.93
2011	100.00	0.92	0.92	4.34
2012	100.00	0.96	0.96	4.78
2013	100.00	1.02	1.02	5.18
2014	100.00	1.24	1.24	5.80
2015	100.00	1.44	1.33	6.43
2016	100.00	0.91	0.91	6.34

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2008	20.83	20.83	3.62
Q2 2008	21.28	21.28	3.51
Q3 2008	12.02	12.02	2.03
Q4 2008	11.77	11.77	1.96
Q1 2009	12.08	12.08	2.25
Q2 2009	12.49	12.49	2.34
Q3 2009	16.47	16.47	3.13
Q4 2009	13.72	13.72	2.73
Q1 2010	12.50	12.50	2.86
Q2 2010	11.91	11.91	2.76
Q3 2010	13.95	13.95	3.16
Q4 2010	13.90	13.80	3.04
Q1 2011	12.20	12.11	2.96
Q2 2011	13.28	13.19	2.94
Q3 2011	12.26	12.18	2.60
Q4 2011	11.94	11.94	2.54
Q1 2012	13.34	13.34	3.06
Q2 2012	10.48	10.48	2.30
Q3 2012	11.51	11.51	2.42
Q4 2012	10.87	10.87	2.17
Q1 2013	10.59	10.59	2.32
Q2 2013	11.44	11.44	2.38
Q3 2013	13.79	13.79	2.78
Q4 2013	13.28	13.28	2.61
Q1 2014	14.58	14.58	3.25
Q2 2014	17.10	17.10	3.82
Q3 2014	19.86	19.86	4.30
Q4 2014	16.57	16.57	3.53
Q1 2015	17.76	18.63	4.44
Q2 2015	19.92	20.88	4.71
Q3 2015	14.89	16.03	3.47
Q4 2015	11.99	12.98	2.69
Q1 2016	11.30	11.72	2.56
Q2 2016	11.25	11.69	2.21
Q3 2016	11.17	11.25	1.88
Q4 2016	17.11	17.11	2.46
Q1 2017	17.75	17.75	2.28

Period	P/E	Adjusted P/E	Price/book
2007	26.11	26.11	4.45
2008	11.77	11.77	1.96
2009	13.72	13.72	2.73
2010	13.90	13.80	3.04
2011	11.94	11.94	2.54
2012	10.87	10.87	2.17
2013	13.28	13.28	2.61
2014	16.57	16.57	3.53
2015	11.99	12.98	2.69
2016	17.11	17.11	2.46

Business Segments (Million)

Compared With The

Period	Oil services sector	Transport Service	elimination	Super Sector 2
Q1 2008	225.67	32.51	-	0.79
Q2 2008	248.00	38.52	-	0.78
Q3 2008	243.15	39.07	-	0.71
Q4 2008	262.58	41.78	-	0.90
Q1 2009	268.72	40.51	-	0.89
Q2 2009	286.93	47.40	-	0.89
Q3 2009	276.18	46.22	-	0.81
Q4 2009	299.59	40.45	-	0.92
Q1 2010	301.37	40.23	-	0.94
Q2 2010	330.45	46.54	-	0.90
Q3 2010	325.52	46.51	-	0.68
Q4 2010	344.68	41.81	-	0.76
Q1 2011	363.56	40.81	(9.58)	1.05
Q2 2011	395.08	45.07	(10.78)	1.06
Q3 2011	384.14	49.80	(10.85)	0.83
Q4 2011	402.26	52.53	(11.78)	0.99
Q1 2012	415.89	48.60	(11.81)	-
Q2 2012	432.76	53.41	(12.43)	-
Q3 2012	422.65	52.04	(12.45)	-
Q4 2012	446.47	51.46	(13.01)	-
Q1 2013	446.50	57.18	(13.62)	-
Q2 2013	457.78	59.76	(14.28)	-
Q3 2013	439.61	60.55	(13.98)	-
Q4 2013	458.09	58.93	(13.84)	-
Q1 2014	461.66	70.51	(13.58)	-
Q2 2014	490.43	75.51	(15.25)	-
Q3 2014	477.58	70.09	(15.71)	-
Q4 2014	488.27	72.08	(17.25)	-
Q1 2015	501.71	78.56	(16.32)	-
Q2 2015	521.51	75.81	(17.31)	-
Q3 2015	516.71	66.69	(16.86)	-
Q4 2015	538.90	70.07	(16.47)	-
Q1 2016	794.80	69.50	(20.57)	-
Q2 2016	850.61	68.12	(22.09)	-
Q3 2016	815.13	56.04	(19.52)	-
Q4 2016	831.65	56.88	(19.20)	-
Q1 2017	807.00	51.91	(18.51)	-

Period	Oil services sector	Transport Service	elimination	Super Sector 2
2007	760.50	103.00	-	2.95
2008	979.40	151.88	-	3.17
2009	1,131.41	174.59	-	3.51
2010	1,302.02	175.09	-	3.28
2011	1,545.04	188.22	(43.00)	3.92
2012	1,717.77	205.51	(49.71)	-
2013	1,801.98	236.42	(55.72)	-
2014	1,917.93	288.18	(61.79)	-
2015	2,078.82	291.13	(66.96)	-
2016	3,292.18	250.55	(81.38)	-

Financial Ratios

	Current
Market Cap (M Riyal)	11,300.00
Enterprise Value (EV) (M)	11,594.81
Shares Outstanding ((M))	100.00
EPS ( Riyal) (TTM)	2.88
Book Value (BV) ( Riyal)	12.99
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	39.27
P/E (TTM)	39.27
Price/book	8.70
Return on Average Assets (%) (TTM)	3.9
Return on Average Equity (%) (TTM)	23.2

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Sign In

Search Result

Aldrees net profit falls 47% in Q1

View other reports

Share Price

Aldrees Petroleum and Transport Services Co. (ALDREES)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2017 Q1

Financial Ratios

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Sign In

×

Forgot password?

Aldrees net profit falls 47% in Q1

View other reports

Share Price

Aldrees Petroleum and Transport Services Co. (ALDREES)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q1 2017

Revenue by Business Segment (Latest) 2017 Q1

Financial Ratios

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Business Segments (Million)