Yanbu Cement posts +1% net profit in Q1-2015

16/04/2015 Argaam Exclusive

View other reports

Share Price

28.65
0.15 0.53 %

Yanbu Cement Co. (YCC)

 

Yanbu Cement, Saudi Arabia’s third largest cement maker, reported SAR 207 million in net profit at the end of first quarter, a one percent increase compared to the same quarter in 2014.

 

 

First quarter's increase, compared with the same period last year, was mainly attributed to higher sales, the company said.



Current Quarter Comparison (M)

Compared With The
Item Q1 2014 Q1 2015 Change‬
Revenues 439.50 437.10 (0.5 %)
Gross Income 223.25 224.25 0.4 %
Operating Income 213.03 212.34 (0.3 %)
Net Income 205.22 207.17 0.9 %
Average Shares 157.50 157.50 -
EPS (Riyals) 1.30 1.32 0.9 %


Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Riyal)
Q1 2006 210.22 8.0 % 126.36 13.8 % 121.25 15.4 % 0.77
Q2 2006 242.26 21.2 % 160.56 38.4 % 154.08 39.8 % 0.98
Q3 2006 217.20 17.6 % 127.89 (0.6 %) 130.75 6.5 % 0.83
Q4 2006 173.57 (13.1 %) 111.11 (7.8 %) 106.13 (8.1 %) 0.67
Q1 2007 268.88 27.9 % 150.79 19.3 % 151.64 25.1 % 0.96
Q2 2007 345.98 42.8 % 227.43 41.6 % 219.90 42.7 % 1.40
Q3 2007 293.78 35.3 % 186.39 45.7 % 179.15 37.0 % 1.14
Q4 2007 262.08 51.0 % 115.73 4.2 % 110.26 3.9 % 0.70
Q1 2008 323.12 20.2 % 173.79 15.2 % 168.37 11.0 % 1.07
Q2 2008 273.55 (20.9 %) 157.47 (30.8 %) 149.45 (32.0 %) 0.95
Q3 2008 244.03 (16.9 %) 132.27 (29.0 %) 121.67 (32.1 %) 0.77
Q4 2008 252.82 (3.5 %) 121.45 4.9 % 120.25 9.1 % 0.76
Q1 2009 277.40 (14.1 %) 159.88 (8.0 %) 151.78 (9.9 %) 0.96
Q2 2009 275.23 0.6 % 157.25 (0.1 %) 151.07 1.1 % 0.96
Q3 2009 200.40 (17.9 %) 108.46 (18.0 %) 97.63 (19.8 %) 0.62
Q4 2009 190.19 (24.8 %) 83.95 (30.9 %) 81.59 (32.2 %) 0.52
Q1 2010 239.53 (13.7 %) 127.65 (20.2 %) 123.18 (18.8 %) 0.78
Q2 2010 252.03 (8.4 %) 122.10 (22.4 %) 113.42 (24.9 %) 0.72
Q3 2010 191.51 (4.4 %) 103.64 (4.4 %) 94.24 (3.5 %) 0.60
Q4 2010 212.43 11.7 % 111.38 32.7 % 99.53 22.0 % 0.63
Q1 2011 229.05 (4.4 %) 110.85 (13.2 %) 101.10 (17.9 %) 0.64
Q2 2011 311.37 23.5 % 158.57 29.9 % 149.90 32.2 % 0.95
Q3 2011 272.50 42.3 % 134.68 30.0 % 124.88 32.5 % 0.79
Q4 2011 319.35 50.3 % 151.41 35.9 % 153.40 54.1 % 0.97
Q1 2012 309.34 35.1 % 157.75 42.3 % 144.76 43.2 % 0.92
Q2 2012 431.73 38.7 % 234.87 48.1 % 215.59 43.8 % 1.37
Q3 2012 338.95 24.4 % 174.32 29.4 % 156.71 25.5 % 0.99
Q4 2012 416.48 30.4 % 225.10 48.7 % 203.43 32.6 % 1.29
Q1 2013 455.76 47.3 % 263.22 66.9 % 247.02 70.6 % 1.57
Q2 2013 479.95 11.2 % 293.97 25.2 % 274.41 27.3 % 1.74
Q3 2013 325.42 (4.0 %) 156.71 (10.1 %) 139.64 (10.9 %) 0.89
Q4 2013 359.13 (13.8 %) 171.22 (23.9 %) 160.22 (21.2 %) 1.02
Q1 2014 439.50 (3.6 %) 223.25 (15.2 %) 205.22 (16.9 %) 1.30
Q2 2014 445.90 (7.1 %) 238.28 (18.9 %) 240.56 (12.3 %) 1.53
Q3 2014 295.77 (9.1 %) 181.40 15.8 % 162.84 16.6 % 1.03
Q4 2014 378.22 5.3 % 210.28 22.8 % 193.31 20.7 % 1.23
Q1 2015 437.10 (0.5 %) 224.25 0.4 % 207.17 0.9 % 1.32

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2006 61.87 % 70.82 % 59.13 %
Q2 2006 64.07 % 72.68 % 61.38 %
Q3 2006 61.57 % 69.96 % 59.18 %
Q4 2006 62.37 % 71.29 % 59.71 %
Q1 2007 61.02 % 69.66 % 58.34 %
Q2 2007 61.38 % 69.34 % 58.87 %
Q3 2007 62.44 % 70.05 % 59.83 %
Q4 2007 58.11 % 65.17 % 55.80 %
Q1 2008 57.42 % 63.97 % 55.32 %
Q2 2008 54.96 % 61.74 % 52.69 %
Q3 2008 52.53 % 59.48 % 49.85 %
Q4 2008 53.50 % 60.33 % 51.19 %
Q1 2009 54.50 % 61.64 % 51.84 %
Q2 2009 54.39 % 61.46 % 51.91 %
Q3 2009 54.39 % 61.69 % 51.77 %
Q4 2009 54.02 % 61.86 % 51.11 %
Q1 2010 52.72 % 60.95 % 50.09 %
Q2 2010 50.12 % 58.58 % 47.14 %
Q3 2010 50.08 % 58.60 % 47.23 %
Q4 2010 51.90 % 60.21 % 48.06 %
Q1 2011 50.62 % 59.02 % 46.13 %
Q2 2011 51.30 % 59.13 % 47.10 %
Q3 2011 50.27 % 57.87 % 46.37 %
Q4 2011 49.06 % 56.71 % 46.74 %
Q1 2012 49.68 % 57.26 % 47.25 %
Q2 2012 50.92 % 59.65 % 47.91 %
Q3 2012 51.33 % 61.22 % 47.91 %
Q4 2012 52.93 % 63.15 % 48.14 %
Q1 2013 54.63 % 65.08 % 50.08 %
Q2 2013 56.57 % 66.79 % 52.13 %
Q3 2013 55.97 % 66.15 % 51.53 %
Q4 2013 54.63 % 65.00 % 50.69 %
Q1 2014 52.69 % 63.16 % 48.60 %
Q2 2014 50.29 % 61.01 % 46.24 %
Q3 2014 52.86 % 63.87 % 48.63 %
Q4 2014 54.71 % 65.75 % 50.16 %
Q1 2015 54.86 % 65.83 % 50.36 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2006 157.50 2.98 2.98 11.09
Q2 2006 157.50 3.26 3.26 12.07
Q3 2006 157.50 3.31 3.27 12.56
Q4 2006 157.50 3.25 3.20 13.24
Q1 2007 157.50 3.45 3.34 11.52
Q2 2007 157.50 3.86 3.76 12.91
Q3 2007 157.50 4.17 4.11 14.05
Q4 2007 157.50 4.20 4.15 14.75
Q1 2008 157.50 4.30 4.30 12.47
Q2 2008 157.50 3.86 3.86 13.42
Q3 2008 157.50 3.49 3.49 14.20
Q4 2008 157.50 3.55 3.55 14.96
Q1 2009 157.50 3.45 3.45 13.24
Q2 2009 157.50 3.46 3.46 14.20
Q3 2009 157.50 3.31 3.31 14.82
Q4 2009 157.50 3.06 3.06 15.34
Q1 2010 157.50 2.88 2.88 14.11
Q2 2010 157.50 2.64 2.64 14.83
Q3 2010 157.50 2.62 2.62 15.43
Q4 2010 157.50 2.73 2.73 16.06
Q1 2011 157.50 2.59 2.59 15.35
Q2 2011 157.50 2.82 2.82 16.30
Q3 2011 157.50 3.02 3.02 17.10
Q4 2011 157.50 3.36 3.36 18.07
Q1 2012 157.50 3.64 3.64 17.31
Q2 2012 157.50 4.05 4.05 18.68
Q3 2012 157.50 4.26 4.26 19.67
Q4 2012 157.50 4.57 4.57 20.96
Q1 2013 157.50 5.22 5.22 19.19
Q2 2013 157.50 5.60 5.60 20.93
Q3 2013 157.50 5.49 5.49 19.81
Q4 2013 157.50 5.21 5.21 20.83
Q1 2014 157.50 4.95 4.95 20.12
Q2 2014 157.50 4.73 4.61 21.65
Q3 2014 157.50 4.88 4.76 21.18
Q4 2014 157.50 5.09 4.97 22.41
Q1 2015 157.50 5.10 4.98 23.72

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2006 26.64 26.64 7.17
Q2 2006 23.31 23.31 6.30
Q3 2006 18.32 18.57 4.83
Q4 2006 14.76 15.01 3.63
Q1 2007 12.44 12.82 3.72
Q2 2007 11.65 11.97 3.48
Q3 2007 12.67 12.85 3.76
Q4 2007 14.97 15.15 4.26
Q1 2008 12.36 12.36 4.26
Q2 2008 13.32 13.32 3.82
Q3 2008 11.84 11.84 2.91
Q4 2008 7.32 7.32 1.74
Q1 2009 8.20 8.20 2.13
Q2 2009 9.27 9.27 2.26
Q3 2009 11.45 11.45 2.55
Q4 2009 10.57 10.57 2.11
Q1 2010 10.84 10.84 2.21
Q2 2010 10.86 10.86 1.93
Q3 2010 10.62 10.62 1.80
Q4 2010 10.44 10.44 1.78
Q1 2011 11.65 11.65 1.97
Q2 2011 12.99 12.99 2.25
Q3 2011 12.65 12.65 2.23
Q4 2011 13.59 13.59 2.53
Q1 2012 14.29 14.29 3.00
Q2 2012 13.03 13.03 2.83
Q3 2012 11.67 11.67 2.52
Q4 2012 11.44 11.44 2.50
Q1 2013 11.15 11.15 3.04
Q2 2013 12.01 12.01 3.21
Q3 2013 13.44 13.44 3.72
Q4 2013 12.80 12.80 3.20
Q1 2014 14.19 14.19 3.49
Q2 2014 15.42 15.84 3.37
Q3 2014 15.87 16.29 3.66
Q4 2014 12.11 12.41 2.75
Q1 2015 13.56 13.90 2.92

Analysts Estimates (Million)

Item Q1 2015 (e) Q1 2015 (a) Change‬
Average 242.57 207.17 (14.6 %)

Estimates vs Actual (Million)

Item Q1 2015 (e) Q1 2015 (a) Change
SFC 215.00 207.17 (3.6) %
Albilad Capital 228.00 207.17 (9.1) %
Al Rajhi Capital 236.00 207.17 (12.2) %
SNB Capital 237.00 207.17 (12.6) %
KASB Capital 245.00 207.17 (15.4) %
Alistithmar Capital 250.20 207.17 (17.2) %
AlJazira Capital 251.80 207.17 (17.7) %
OSOOL AND BAKHEET 256.10 207.17 (19.1) %
Riyad Capital 264.00 207.17 (21.5) %

Current
Market Cap (M Riyal) 4,512.38
Enterprise Value (EV) (M) 4,702.89
Shares Outstanding ((M)) 157.50
EPS ( Riyal) (TTM) 0.81
Book Value (BV) ( Riyal) 17.21
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 35.47
P/E (TTM) 35.47
Price/book 1.66
Return on Average Assets (%) (TTM) 3.8
Return on Average Equity (%) (TTM) 4.6

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
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.