1 Top Management; 2 Top shareholders; 3 Peer Comparison & Ranking of 2010; 4 Currency Synopsis: Saudi Riyal (SAR)

Top Management

Top Management

NameDesignation
Yousef Abdullah Al-BenyanChief Executive Officer, Vice Chairman
Abdulaziz Saleh AljarbouChairman
Khalid Hashim Al-DabbaghNon-Executive Chairman



Top shareholders
Top 4 shareholders

Name of the Share HolderNumber Of Shares% of Capital
Aramco Chemicals Co LLC210000000070.0
Abdullah bin Mohammed Ibrahim Al Issa3000000.01
Yousef bin Abdullah Mohamed Al Benyan450000.002
Anas bin Yousef bin Yacoub Kentab150000.001
% held by Top 4 shareholders 70.0%


Peer Comparison & Ranking of 2010
BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING:
Saudi Basic Industries vs Saudi Market

Out of 269 stocks in the Saudi Arabian Market, Saudi Basic Industries is ranked third(3) by ROE, fourth(4) by Net Profit $, fifth(5) by Market Cap in $ and sixth(6) by Revenue.

Saudi Avg20102010 Rank
ROE (%)22.252.43
Net Profit $950 M4.4 B4
Market Cap $11.3 B61.6 B5
Revenue $8.5 B13 B6
Premium to 52-Wk Low (%)16.84.318
Yield (%)3.34.427
EBITDA Margin%19.437.99649
ROA (%)6.65.376
Discount to 52-Wk High (%)5.415.678
P/Sales1.7x4.8x82
Price/Net Tangible Assets2.4x7.3x157
Negative values are shown in brackets.
Stock in Index and Stock in Sector

Description2010All Share Index (TASI)% of All Share Index (TASI)Petrochemical industries sector% of Petrochemical industries sector
Net Profit $4.4 B198.7 B2.27.7 B57.1
Revenue $13 B1,202 B1.142.1 B30.8
Total Assets $83.5 B2,959.8 B2.8139.3 B59.9
MCap $61.6 B2,662.9 B2.3105.6 B58.3

Relative Valuation Indicators: Stock vs Index and Stock vs Sector

Description2010All Share Index (TASI) Avg.Petrochemical industries sector Avg.
Yield (%)4.423.76.62
Price/Net Tangible Assets7.322.183.08

MARKET SHARE
Saudi Basic Industries has a position of market dominance in the Petrochemical Industries sector.
Saudi Basic Industries vs Petrochemical Industries sector [Petrochemical Industries sector Total in Brackets]
Revenue of SAR48.7 billion ($13 billion)[30.8% of aggregate sector revenue of SAR157.9 billion; down from 37.5% in the previous year.]
Net Profit of SAR16.5 billion ($4.4 billion) [57.1% of aggregate sector net profit of SAR28.9 billion; down from 57.9% in the previous year.]
EBIT of SAR18.5 billion ($4.9 billion) [55.8% of aggregate sector EBIT of SAR33.1 billion; up from 55.6% in the previous year.]

GLOBAL RANK [out of 46,473 stocks] AND RANK OF SAUDI BASIC INDUSTRIES IN THE MIDDLE EAST & AFRICA REGION [out of 1,901 stocks]

DescriptionValueGlobal RankIn MEA Region
MCap ($)61.6B3098
Total Assets ($)83.5B67328
Revenue ($)13B1,21021
Net Profit ($)4.4B33715
Return on Equity %52.470927
Net Profit Margin %34.03,177335
Price to Book7.332,7831,310
Yield %4.46,622507
PV1000 (1Year) $*92524,5611,046
$* Change (1Year) %-11.225,4801,069

* 1 year ago $1 = SAR 3.75
Mar 27, 2024: $ 1 equals SAR 3.75

RANK OF SAUDI BASIC INDUSTRIES IN THE ALL SHARE INDEX (TASI) [out of 166 stocks], IN THE SAUDI MARKET [out of 275 stocks] AND IN THE PETROCHEMICAL INDUSTRIES SECTOR [out of 12 stocks]

DescriptionValueIn All Share Index (TASI)In Saudi MarketIn Petrochemical industries sector
MCap (SAR)231B351
Total Assets (SAR)313.1B991
Revenue (SAR)48.7B662
Net Profit (SAR)16.5B441
Return on Equity %52.4331
Net Profit Margin %34.036454
Price to Book7.312615911
Yield %4.414295
PV1000 (1Year) SAR9251491897

LONG-TERM FUNDAMENTAL RANKING: 3 OUT OF 5 [5 is best]
Saudi Basic Industries is ranked number 1 out of 12 listed petrochemical industries companies in the Saudi Arabia with a market capitalization of SAR231 billion ($61.6 billion).
Within its sector it has a relatively high Price/Sales of 4.8.

The company paid a dividend of SAR3.40 in the last twelve months. The dividend yield is high at 4.4%.
Stocks are scored on a set of parameters reflecting fundamental analytical tools involving valuation, size and financial performance. They are ranked according to the average values of those parameters. The highest ranking is 5 and the lowest ranking is 1.


Currency Synopsis: Saudi Riyal (SAR)
% Change of SAR vs Currency Basket Period-Based

LastCountry1-day %1-week %1-Year %3-Yrs %
SAR1=0.267USDUnited States Of America0.0---
SAR1=1.925CNYChina0.10.34.910.4
SAR1=40.356JPYJapan0.10.715.338.7
SAR1=0.246EUREuropean Union-0.30.2-0.98.9
SAR1=357.177KRWSouth Korea-0.2-2.918.1
SAR1=0.358SGDSingapore-0.20.20.8-0.1
SAR1=0.443NZDNew Zealand-0.30.73.216.1
SAR1=0.211GBPUnited Kingdom-0.30.5-3.48.4
SAR1=0.407AUDAustralia-0.3-0.41.716.3
SAR1=2.086HKDHong Kong---0.30.7
SAR1=0.24CHFSwitzerland0.31.2-2.1-3.8
SAR1=0.362CADCanada-0.20.1-1.18.1
SAR1=2.817SEKSweden0.11.11.222.5
SAR1=2.853NOKNorway-0.40.11.924.6
SAR1=4.446MXNMexico-0.5-1.1-9.4-20.0

1 Dividend; 2 Financials as Reported FY 2022, Past 10 Years

Dividend
Dividend History
In the past 5 years annual dividends have decreased by SAR1.0 from SAR4.4 to SAR3.4. Based on a start date of 5 years ago, there has been one increases in dividends over the last 5 years.

DateValue (SAR)Type
13 Feb 20241.6Cash
13 Sep 20231.8Cash
Tr 12 Months3.4
2022 - 20236.5
2021 - 20223.25
2020 - 20213.7
2019 - 20204.4


Financials as Reported FY 2022, Past 10 Years
Financials as reported (FY 2022 [year-ended 31 December 2022 ])

RESULTS OF OPERATIONS AND FINANCIAL CONDITION
(In SAR Thousand, except per share data and shares outstanding)

INCOME STATEMENT AS REPORTED (FY 2022 [year-ended 31 December 2022 ])

DescriptionSAR ThousandSAR Thousand
Dec 3120222021Change %
Sales198,466,764174,883,126Up 13.5
Sales Cost155,794,483123,795,706Up 25.8
Total Income42,672,28151,087,420Down 16.5
Other Revenues5,996,0265,727,508Up 4.7
Total Revenues48,668,30756,814,928Down 14.3
Admin and Marketing Expenses19,935,63521,120,006Down 5.6
Depreciation
Other Expenses10,240,76710,668,527Down 4.0
Total Expenses30,176,40231,788,533Down 5.1
Net Income Before Zakat18,491,90525,026,395Down 26.1
Zakat1,962,1831,960,393Up 0.1
Net Income16,529,72223,066,002Down 28.3

BALANCE SHEET AS REPORTED (FY 2022 [year-ended 31 December 2022 ])

DescriptionSAR ThousandSAR Thousand
Dec 3120222021Change %
Current Assets78,592,73878,776,802Down 0.2
Inventory28,224,64228,621,278Down 1.4
Investments41,686,76342,187,623Down 1.2
148,504,143149,585,703Down 0.7
Fixed Assets126,797,000131,018,714Down 3.2
Other Assets37,804,67437,834,360Down 0.1
164,601,674168,853,074Down 2.5
Total Assets313,105,817318,438,777Down 1.7
Current Liabilities48,193,67749,405,025Down 2.5
48,193,67749,405,025Down 2.5
Non-Current Liabilities47,294,88157,200,454Down 17.3
Other Liabilities
Shareholders Equity186,046,298180,140,793Up 3.3
Total Liabilities and Shareholder Equity313,105,817318,438,777Down 1.7
Minority Interests31,570,96131,692,505Down 0.4

CASH FLOW AS REPORTED (FY 2022 [year-ended 31 December 2022 ])

DescriptionSAR ThousandSAR Thousand
Dec 3120222021Change %
Net Income25,988,17634,087,964Down 23.8
Depreciation14,690,65614,905,781Down 1.4
Accounts Receivable2,406,377-9,393,946Recovery
Inventory396,636-9,240,783Recovery
Prepaid Expenses-1,523,205
Accounts Payable-3,611,1358,647,885Deterioration
Other Changes in Oper. Activity-4,152,6401,708,775Deterioration
35,718,07039,192,471Down 8.9
Purchases of Fixed Assets-10,111,785-10,800,388Improved 6.4
Other Changes in Investing Act.-2,455,2481,882,664Deterioration
-12,567,033-8,917,724Deterioration 40.9
Increase in Debts3,945,868486,242Up 711.5
Other Changes in Financing Act.-29,363,816-18,309,963Deterioration 60.4
-25,417,948-17,823,721Deterioration 42.6
Cash at Begining of Period42,306,04628,938,469Up 46.2
Cash at End of Period40,039,13541,389,495Down 3.3

Download SAUDI BASIC INDUSTRIES Financials Past 10 Years


Description (December 31)20222021202020192018
Income Statement
Sales (B)48.756.8116.933.960.1
Other Revenue (B)65.7(1.6)2.5
Tax (B)22(2)2.12.6
Net profit 16.5 B23.1 B66.8 M5.6 B21.5 B
Balance Sheet
Total Assets (B)313.1318.4295.5310.4319.7
Current Asset (B)148.5149.681.4118.3137
Fixed Asset (B)126.8131136.2170.1163.8
Working Capital (B)100.3100.243.980.999.8
Cash Flow
Operating Cash Flow (B)35.739.222.135.644.7
Investing Cash Flow (B)(12.6)(8.9)(14)(13.7)(29.6)
Financing Cash Flow (B)(25.4)(17.8)(14.5)(26.3)(31.7)
Net Cash Flow (B)(2.3)12.5(6.3)(4.5)(16.6)

Description (December 31)20172016201520142013
Income Statement
Sales (B)52.943.9150.6190.4190.7
Other Revenue (B)32.52.31.6
Tax (B)2.632.12.12.3
Net profit (B)18.417.818.823.325.3
Balance Sheet
Equity Share Capital (B)163161.9162.5156.3
Total Assets (B)322.5316.9328.2340339.1
Current Asset (B)135.892.4103.1102.4
Fixed Asset (B)167.4170173.2167165.4
Working Capital (B)87.549.859.657.9
Cash Flow
Operating Cash Flow (B)38.718.915.1
Investing Cash Flow (B)4.8(4.2)(6.8)
Financing Cash Flow (B)(25.7)(33.4)(26.4)
Net Cash Flow (B)17.7(18.7)(18.1)