SAIC’s net profit jumps 27% to SAR 16 mln in nine-months 2015

19/10/2015 Argaam Exclusive

View other reports

Share Price

Saudi Advanced Industries Co.
42.60
(2.30) (5.12 %)

Saudi Advanced Industries Co. (SAIC)

More

 

Saudi Advanced Industries Co. (SAIC), an industrial investment vehicle, reported a net profit of SAR 16.4 million for the first nine months of 2015, a 27 percent year-on-year increase it attributed to higher revenue from affiliate companies, lower zakat provisions and financing charges.



Financials (M)

Item 9m 2014 9m 2015 Change‬
Revenues 21.15 19.57 (7.5 %)
Gross Income 21.15 19.57 (7.5 %)
Operating Income 17.93 15.70 (12.4 %)
Net Income 12.91 16.39 26.9 %
Average Shares 60.00 60.00 -
EPS (Riyals) 0.22 0.27 26.9 %

 

The company's third-quarter net profit plunged 88 percent to SAR 1.61 million when compared to the same quarter last year.



Current Quarter Comparison (M)

Compared With The
Item Q3 2014 Q3 2015 Change‬
Revenues 8.48 2.38 (71.9 %)
Gross Income 8.48 2.38 (71.9 %)
Operating Income 7.47 1.21 (83.8 %)
Net Income 13.81 1.61 (88.3 %)
Average Shares 60.00 60.00 -
EPS (Riyals) 0.23 0.03 (88.3 %)


Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Riyal)
Q1 2006 - - - - 1.04 554.8 % 0.02
Q2 2006 - - - - 0.53 (18.6 %) 0.01
Q3 2006 - - - - (0.36) (55.9 %) (0.01)
Q4 2006 - - - - (0.78) (124.2 %) (0.02)
Q1 2007 - - - - 3.51 238.4 % 0.08
Q2 2007 - - - - 3.81 618.5 % 0.06
Q3 2007 - - - - 3.07 959.1 % 0.05
Q4 2007 - - - - 5.22 769.8 % 0.09
Q1 2008 5.07 - 5.07 - 4.40 25.3 % 0.07
Q2 2008 9.39 - 9.39 - 8.71 128.7 % 0.15
Q3 2008 6.36 - 6.36 - 4.39 43.0 % 0.07
Q4 2008 4.72 - 4.72 - 2.17 (58.5 %) 0.04
Q1 2009 6.58 29.8 % 6.58 29.8 % 6.19 40.7 % 0.10
Q2 2009 13.17 40.4 % 13.17 40.4 % 11.97 37.5 % 0.20
Q3 2009 11.47 80.4 % 11.47 80.4 % 10.46 138.5 % 0.17
Q4 2009 7.70 63.2 % 7.70 63.2 % 6.17 184.5 % 0.10
Q1 2010 3.62 (45.0 %) 3.62 (45.0 %) 2.60 (58.0 %) 0.04
Q2 2010 7.55 (42.7 %) 7.55 (42.7 %) 6.44 (46.2 %) 0.11
Q3 2010 2.36 (79.4 %) 2.36 (79.4 %) 1.74 (83.4 %) 0.03
Q4 2010 (0.23) (103.0 %) (0.23) (103.0 %) (0.84) (113.7 %) (0.01)
Q1 2011 1.12 (69.2 %) 1.12 (69.2 %) 0.17 (93.3 %) 0.00
Q2 2011 1.42 (81.2 %) 1.42 (81.2 %) 4.19 (34.9 %) 0.07
Q3 2011 (2.76) (216.8 %) (2.76) (216.8 %) (0.27) (115.7 %) 0.00
Q4 2011 8.81 3897.4 % 8.81 3897.4 % 5.70 776.3 % 0.10
Q1 2012 (1.55) (239.2 %) (1.55) (239.2 %) (3.20) (1952.0 %) (0.05)
Q2 2012 (2.96) (309.4 %) (2.96) (309.4 %) (26.17) (724.6 %) (0.44)
Q3 2012 (0.62) 77.4 % (0.62) 77.4 % (4.34) (1,488.3 %) (0.07)
Q4 2012 (33.24) (477.3 %) (33.24) (477.3 %) (28.39) (598.1 %) (0.47)
Q1 2013 4.83 411.3 % 4.83 411.3 % 3.24 201.1 % 0.05
Q2 2013 9.84 432.0 % 9.84 432.0 % 8.72 133.3 % 0.15
Q3 2013 9.50 1624.2 % 9.50 1624.2 % 8.52 296.5 % 0.14
Q4 2013 6.64 120.0 % 6.64 120.0 % 4.58 116.1 % 0.08
Q1 2014 8.03 66.2 % 8.03 66.2 % 6.01 85.7 % 0.10
Q2 2014 4.64 (52.9 %) 4.64 (52.9 %) (6.91) (179.3 %) (0.12)
Q3 2014 8.48 (10.7 %) 8.48 (10.7 %) 13.81 62.1 % 0.23
Q4 2014 6.16 (7.2 %) 6.16 (7.2 %) 2.32 (49.4 %) 0.04
Q1 2015 9.04 12.5 % 9.04 12.5 % 7.51 24.9 % 0.13
Q2 2015 8.15 75.7 % 8.15 75.7 % 7.26 205.0 % 0.12
Q3 2015 2.38 (71.9 %) 2.38 (71.9 %) 1.61 (88.3 %) 0.03

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2006 - - -
Q2 2006 - - -
Q3 2006 - - -
Q4 2006 - - -
Q1 2007 - - -
Q2 2007 - - -
Q3 2007 - - -
Q4 2007 - - -
Q1 2008 100.00 % 41.27 % 325.29 %
Q2 2008 100.00 % 85.47 % 147.98 %
Q3 2008 100.00 % 85.49 % 109.10 %
Q4 2008 100.00 % 84.84 % 76.99 %
Q1 2009 100.00 % 84.43 % 79.31 %
Q2 2009 100.00 % 85.71 % 80.15 %
Q3 2009 100.00 % 89.69 % 85.64 %
Q4 2009 100.00 % 90.68 % 89.36 %
Q1 2010 100.00 % 89.79 % 86.74 %
Q2 2010 100.00 % 87.99 % 84.58 %
Q3 2010 100.00 % 83.65 % 79.81 %
Q4 2010 100.00 % 79.50 % 74.69 %
Q1 2011 100.00 % 75.76 % 69.52 %
Q2 2011 100.00 % 50.28 % 112.84 %
Q3 2011 100.00 % 593.44 % (710.50 %)
Q4 2011 100.00 % 51.93 % 114.05 %
Q1 2012 100.00 % 26.99 % 108.42 %
Q2 2012 100.00 % (204.03 %) (1556.96 %)
Q3 2012 100.00 % (23.51 %) (762.98 %)
Q4 2012 100.00 % 110.75 % 161.82 %
Q1 2013 100.00 % 112.79 % 173.99 %
Q2 2013 100.00 % 120.18 % 108.24 %
Q3 2013 100.00 % 146.97 % 87.28 %
Q4 2013 100.00 % 85.81 % 81.34 %
Q1 2014 100.00 % 86.84 % 84.08 %
Q2 2014 100.00 % 83.32 % 79.63 %
Q3 2014 100.00 % 82.14 % 104.30 %
Q4 2014 100.00 % 78.73 % 100.61 %
Q1 2015 100.00 % 78.51 % 99.65 %
Q2 2015 100.00 % 80.26 % 101.84 %
Q3 2015 100.00 % 74.64 % 75.64 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2006 42.18 0.11 0.11 4.82
Q2 2006 42.18 0.11 0.11 4.02
Q3 2006 42.18 0.11 0.11 3.51
Q4 2006 42.18 0.01 0.01 2.93
Q1 2007 42.18 0.07 0.07 3.14
Q2 2007 60.00 0.10 0.10 12.80
Q3 2007 60.00 0.16 0.16 13.07
Q4 2007 60.00 0.26 0.26 13.67
Q1 2008 60.00 0.27 0.27 13.84
Q2 2008 60.00 0.36 0.36 13.90
Q3 2008 60.00 0.38 0.38 12.73
Q4 2008 60.00 0.33 0.33 11.70
Q1 2009 60.00 0.36 0.36 12.04
Q2 2009 60.00 0.41 0.41 12.29
Q3 2009 60.00 0.51 0.51 12.81
Q4 2009 60.00 0.58 0.58 12.93
Q1 2010 60.00 0.52 0.52 13.27
Q2 2010 60.00 0.43 0.43 13.34
Q3 2010 60.00 0.28 0.28 13.39
Q4 2010 60.00 0.17 0.17 13.87
Q1 2011 60.00 0.13 0.13 13.91
Q2 2011 60.00 0.09 0.09 13.93
Q3 2011 60.00 0.05 0.05 13.81
Q4 2011 60.00 0.16 0.16 13.74
Q1 2012 60.00 0.11 0.11 14.12
Q2 2012 60.00 (0.40) (0.40) 13.25
Q3 2012 60.00 (0.47) (0.47) 13.22
Q4 2012 60.00 (1.04) (1.04) 12.89
Q1 2013 60.00 (0.93) (0.93) 13.24
Q2 2013 60.00 (0.35) (0.35) 13.53
Q3 2013 60.00 (0.13) (0.13) 14.04
Q4 2013 60.00 0.42 0.42 14.75
Q1 2014 60.00 0.46 0.48 14.68
Q2 2014 60.00 0.20 0.38 14.58
Q3 2014 60.00 0.29 0.48 14.86
Q4 2014 60.00 0.25 0.46 13.08
Q1 2015 60.00 0.28 0.47 12.92
Q2 2015 60.00 0.51 0.54 13.53
Q3 2015 60.00 0.31 0.32 12.65

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2006 More than 50 More than 50 14.38
Q2 2006 More than 50 More than 50 21.73
Q3 2006 More than 50 More than 50 33.24
Q4 2006 More than 50 More than 50 11.37
Q1 2007 More than 50 More than 50 12.09
Q2 2007 More than 50 More than 50 1.38
Q3 2007 More than 50 More than 50 1.71
Q4 2007 More than 50 More than 50 1.74
Q1 2008 More than 50 More than 50 1.17
Q2 2008 44.97 44.97 1.15
Q3 2008 29.14 29.14 0.87
Q4 2008 22.10 22.10 0.62
Q1 2009 21.68 21.68 0.64
Q2 2009 22.93 22.93 0.77
Q3 2009 19.88 19.88 0.80
Q4 2009 17.41 17.41 0.78
Q1 2010 19.12 19.12 0.75
Q2 2010 20.30 20.30 0.65
Q3 2010 32.41 32.41 0.68
Q4 2010 More than 50 More than 50 0.71
Q1 2011 More than 50 More than 50 0.73
Q2 2011 More than 50 More than 50 0.77
Q3 2011 More than 50 More than 50 0.69
Q4 2011 More than 50 More than 50 0.80
Q1 2012 More than 50 More than 50 1.12
Q2 2012 NEG NEG 0.86
Q3 2012 NEG NEG 1.01
Q4 2012 NEG NEG 0.86
Q1 2013 NEG NEG 0.85
Q2 2013 NEG NEG 0.82
Q3 2013 NEG NEG 0.85
Q4 2013 31.92 31.92 0.90
Q1 2014 34.09 33.19 1.08
Q2 2014 More than 50 49.40 1.30
Q3 2014 More than 50 41.17 1.34
Q4 2014 More than 50 30.20 1.06
Q1 2015 More than 50 32.47 1.18
Q2 2015 29.51 28.13 1.12
Q3 2015 35.37 34.00 0.87

Business Segments (Million)

Compared With The
Period Services and Invesments sector Glass industry Petrochemical sector Petroleum and Energy Services sector Others..
Q3 2009 - - - 9.85 1.62
Q4 2009 - (2.98) - 10.33 (0.34)
Q1 2010 - - - 2.00 1.62
Q2 2010 - - - 7.55 -
Q3 2010 - - - 2.36 -
Q4 2010 - (3.25) - 3.43 (0.04)
Q1 2011 - (0.65) - 1.76 -
Q2 2011 - (1.96) - 7.01 -
Q3 2011 - (2.76) - 3.39 -
Q4 2011 - (2.82) - (0.54) -
Q1 2012 - (2.43) - 0.87 -
Q2 2012 - (3.87) - (13.63) (1.59)
Q3 2012 - (3.86) - - 3.24
Q4 2012 - (2.96) - (14.14) -
Q1 2013 - (3.19) - 3.22 4.80
Q2 2013 - 0.45 - 9.39 0.04
Q3 2013 - 0.59 3.27 6.25 (0.61)
Q4 2013 - 2.75 - 3.88 -
Q1 2014 - 1.49 6.54 - 0.01
Q2 2014 - 0.60 - - 4.52
Q3 2014 - 1.94 4.90 - 9.84
Q4 2014 - 1.53 - - 4.89
Q1 2015 3.25 - 4.90 - 0.95
Q2 2015 2.60 0.39 3.27 1.62 0.85
Q3 2015 4.93 - - - -


Financial Ratios
Current
Market Cap (M Riyal) 2,556.00
Enterprise Value (EV) (M) 2,321.23
Shares Outstanding ((M)) 60.00
EPS ( Riyal) (TTM) 3.90
Book Value (BV) ( Riyal) 18.40
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 10.75
P/E (TTM) 10.93
Price/book 2.32
Return on Average Assets (%) (TTM) 22.7
Return on Average Equity (%) (TTM) 23.1
more

Comments {{getCommentCount()}}

Be the first to comment

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

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.