1 Top Management; 2 Top shareholders; 3 Peer Comparison & Ranking of 2010; 4 Currency Synopsis: Saudi Riyal (SAR)
Top Management
Top Management
Name | Designation | Yousef Abdullah Al-Benyan | Chief Executive Officer, Vice Chairman | Abdulaziz Saleh Aljarbou | Chairman | Khalid Hashim Al-Dabbagh | Non-Executive Chairman |
Top shareholders Top 4 shareholders
Name of the Share Holder | Number Of Shares | % of Capital | Aramco Chemicals Co LLC | 2100000000 | 70.0 | Abdullah bin Mohammed Ibrahim Al Issa | 300000 | 0.01 | Yousef bin Abdullah Mohamed Al Benyan | 45000 | 0.002 | Anas bin Yousef bin Yacoub Kentab | 15000 | 0.001 | % 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 Avg | 2010 | 2010 Rank | ROE (%) | 22.2 | 52.4 | 3 | Net Profit $ | 950 M | 4.4 B | 4 | Market Cap $ | 11.3 B | 61.6 B | 5 | Revenue $ | 8.5 B | 13 B | 6 | Premium to 52-Wk Low (%) | 16.8 | 4.3 | 18 | Yield (%) | 3.3 | 4.4 | 27 | EBITDA Margin% | 19.4 | 37.996 | 49 | ROA (%) | 6.6 | 5.3 | 76 | Discount to 52-Wk High (%) | 5.4 | 15.6 | 78 | P/Sales | 1.7x | 4.8x | 82 | Price/Net Tangible Assets | 2.4x | 7.3x | 157 | Negative values are shown in brackets. Stock in Index and Stock in Sector
Description | 2010 | All Share Index (TASI) | % of All Share Index (TASI) | Petrochemical industries sector | % of Petrochemical industries sector | Net Profit $ | 4.4 B | 198.7 B | 2.2 | 7.7 B | 57.1 | Revenue $ | 13 B | 1,202 B | 1.1 | 42.1 B | 30.8 | Total Assets $ | 83.5 B | 2,959.8 B | 2.8 | 139.3 B | 59.9 | MCap $ | 61.6 B | 2,662.9 B | 2.3 | 105.6 B | 58.3 |
Relative Valuation Indicators: Stock vs Index and Stock vs Sector
Description | 2010 | All Share Index (TASI) Avg. | Petrochemical industries sector Avg. | Yield (%) | 4.42 | 3.7 | 6.62 | Price/Net Tangible Assets | 7.32 | 2.18 | 3.08 |
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 ($4.9 billion) [55.8% of aggregate sector EBIT of SAR33.1 billion; up from 55.6% in the previous year.]
GLOBAL RANK [out of 46,473 stocks] AND RANK OF SAUDI BASIC INDUSTRIES IN THE MIDDLE EAST & AFRICA REGION [out of 1,901 stocks]
Description | Value | Global Rank | In MEA Region | MCap ($) | 61.6B | 309 | 8 | Total Assets ($) | 83.5B | 673 | 28 | Revenue ($) | 13B | 1,210 | 21 | Net Profit ($) | 4.4B | 337 | 15 | Return on Equity % | 52.4 | 709 | 27 | Net Profit Margin % | 34.0 | 3,177 | 335 | Price to Book | 7.3 | 32,783 | 1,310 | Yield % | 4.4 | 6,622 | 507 | PV1000 (1Year) $* | 925 | 24,561 | 1,046 | $* Change (1Year) % | -11.2 | 25,480 | 1,069 |
* 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]
Description | Value | In All Share Index (TASI) | In Saudi Market | In Petrochemical industries sector | MCap (SAR) | 231B | 3 | 5 | 1 | Total Assets (SAR) | 313.1B | 9 | 9 | 1 | Revenue (SAR) | 48.7B | 6 | 6 | 2 | Net Profit (SAR) | 16.5B | 4 | 4 | 1 | Return on Equity % | 52.4 | 3 | 3 | 1 | Net Profit Margin % | 34.0 | 36 | 45 | 4 | Price to Book | 7.3 | 126 | 159 | 11 | Yield % | 4.4 | 14 | 29 | 5 | PV1000 (1Year) SAR | 925 | 149 | 189 | 7 |
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
Last | Country | 1-day % | 1-week % | 1-Year % | 3-Yrs % | SAR1=0.267USD | United States Of America | 0.0 | - | - | - | SAR1=1.925CNY | China | 0.1 | 0.3 | 4.9 | 10.4 | SAR1=40.356JPY | Japan | 0.1 | 0.7 | 15.3 | 38.7 | SAR1=0.246EUR | European Union | -0.3 | 0.2 | -0.9 | 8.9 | SAR1=357.177KRW | South Korea | -0.2 | - | 2.9 | 18.1 | SAR1=0.358SGD | Singapore | -0.2 | 0.2 | 0.8 | -0.1 | SAR1=0.443NZD | New Zealand | -0.3 | 0.7 | 3.2 | 16.1 | SAR1=0.211GBP | United Kingdom | -0.3 | 0.5 | -3.4 | 8.4 | SAR1=0.407AUD | Australia | -0.3 | -0.4 | 1.7 | 16.3 | SAR1=2.086HKD | Hong Kong | - | - | -0.3 | 0.7 | SAR1=0.24CHF | Switzerland | 0.3 | 1.2 | -2.1 | -3.8 | SAR1=0.362CAD | Canada | -0.2 | 0.1 | -1.1 | 8.1 | SAR1=2.817SEK | Sweden | 0.1 | 1.1 | 1.2 | 22.5 | SAR1=2.853NOK | Norway | -0.4 | 0.1 | 1.9 | 24.6 | SAR1=4.446MXN | Mexico | -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.
Date | Value (SAR) | Type | 13 Feb 2024 | 1.6 | Cash | 13 Sep 2023 | 1.8 | Cash | Tr 12 Months | 3.4 | | 2022 - 2023 | 6.5 | | 2021 - 2022 | 3.25 | | 2020 - 2021 | 3.7 | | 2019 - 2020 | 4.4 | |
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 ])
Description | SAR Thousand | SAR Thousand | | Dec 31 | 2022 | 2021 | Change % | Sales | 198,466,764 | 174,883,126 | Up 13.5 | Sales Cost | 155,794,483 | 123,795,706 | Up 25.8 | Total Income | 42,672,281 | 51,087,420 | Down 16.5 | Other Revenues | 5,996,026 | 5,727,508 | Up 4.7 | Total Revenues | 48,668,307 | 56,814,928 | Down 14.3 | Admin and Marketing Expenses | 19,935,635 | 21,120,006 | Down 5.6 | Depreciation | | | | Other Expenses | 10,240,767 | 10,668,527 | Down 4.0 | Total Expenses | 30,176,402 | 31,788,533 | Down 5.1 | Net Income Before Zakat | 18,491,905 | 25,026,395 | Down 26.1 | Zakat | 1,962,183 | 1,960,393 | Up 0.1 | Net Income | 16,529,722 | 23,066,002 | Down 28.3 |
BALANCE SHEET AS REPORTED (FY 2022 [year-ended 31 December 2022 ])
Description | SAR Thousand | SAR Thousand | | Dec 31 | 2022 | 2021 | Change % | Current Assets | 78,592,738 | 78,776,802 | Down 0.2 | Inventory | 28,224,642 | 28,621,278 | Down 1.4 | Investments | 41,686,763 | 42,187,623 | Down 1.2 | | 148,504,143 | 149,585,703 | Down 0.7 | Fixed Assets | 126,797,000 | 131,018,714 | Down 3.2 | Other Assets | 37,804,674 | 37,834,360 | Down 0.1 | | 164,601,674 | 168,853,074 | Down 2.5 | Total Assets | 313,105,817 | 318,438,777 | Down 1.7 | Current Liabilities | 48,193,677 | 49,405,025 | Down 2.5 | | 48,193,677 | 49,405,025 | Down 2.5 | Non-Current Liabilities | 47,294,881 | 57,200,454 | Down 17.3 | Other Liabilities | | | | Shareholders Equity | 186,046,298 | 180,140,793 | Up 3.3 | Total Liabilities and Shareholder Equity | 313,105,817 | 318,438,777 | Down 1.7 | Minority Interests | 31,570,961 | 31,692,505 | Down 0.4 |
CASH FLOW AS REPORTED (FY 2022 [year-ended 31 December 2022 ])
Description | SAR Thousand | SAR Thousand | | Dec 31 | 2022 | 2021 | Change % | Net Income | 25,988,176 | 34,087,964 | Down 23.8 | Depreciation | 14,690,656 | 14,905,781 | Down 1.4 | Accounts Receivable | 2,406,377 | -9,393,946 | Recovery | Inventory | 396,636 | -9,240,783 | Recovery | Prepaid Expenses | | -1,523,205 | | Accounts Payable | -3,611,135 | 8,647,885 | Deterioration | Other Changes in Oper. Activity | -4,152,640 | 1,708,775 | Deterioration | | 35,718,070 | 39,192,471 | Down 8.9 | Purchases of Fixed Assets | -10,111,785 | -10,800,388 | Improved 6.4 | Other Changes in Investing Act. | -2,455,248 | 1,882,664 | Deterioration | | -12,567,033 | -8,917,724 | Deterioration 40.9 | Increase in Debts | 3,945,868 | 486,242 | Up 711.5 | Other Changes in Financing Act. | -29,363,816 | -18,309,963 | Deterioration 60.4 | | -25,417,948 | -17,823,721 | Deterioration 42.6 | Cash at Begining of Period | 42,306,046 | 28,938,469 | Up 46.2 | Cash at End of Period | 40,039,135 | 41,389,495 | Down 3.3 |
Download SAUDI BASIC INDUSTRIES Financials Past 10 Years
Description (December 31) | 2022 | 2021 | 2020 | 2019 | 2018 | Income Statement | | | | | | Sales (B) | 48.7 | 56.8 | 116.9 | 33.9 | 60.1 | Other Revenue (B) | 6 | 5.7 | | (1.6) | 2.5 | Tax (B) | 2 | 2 | (2) | 2.1 | 2.6 | Net profit | 16.5 B | 23.1 B | 66.8 M | 5.6 B | 21.5 B | Balance Sheet | | | | | | Total Assets (B) | 313.1 | 318.4 | 295.5 | 310.4 | 319.7 | Current Asset (B) | 148.5 | 149.6 | 81.4 | 118.3 | 137 | Fixed Asset (B) | 126.8 | 131 | 136.2 | 170.1 | 163.8 | Working Capital (B) | 100.3 | 100.2 | 43.9 | 80.9 | 99.8 | Cash Flow | | | | | | Operating Cash Flow (B) | 35.7 | 39.2 | 22.1 | 35.6 | 44.7 | 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) | 2017 | 2016 | 2015 | 2014 | 2013 | Income Statement | | | | | | Sales (B) | 52.9 | 43.9 | 150.6 | 190.4 | 190.7 | Other Revenue (B) | 3 | | 2.5 | 2.3 | 1.6 | Tax (B) | 2.6 | 3 | 2.1 | 2.1 | 2.3 | Net profit (B) | 18.4 | 17.8 | 18.8 | 23.3 | 25.3 | Balance Sheet | | | | | | Equity Share Capital (B) | | 163 | 161.9 | 162.5 | 156.3 | Total Assets (B) | 322.5 | 316.9 | 328.2 | 340 | 339.1 | Current Asset (B) | 135.8 | | 92.4 | 103.1 | 102.4 | Fixed Asset (B) | 167.4 | 170 | 173.2 | 167 | 165.4 | Working Capital (B) | 87.5 | | 49.8 | 59.6 | 57.9 | Cash Flow | | | | | | Operating Cash Flow (B) | 38.7 | 18.9 | | | 15.1 | 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) |
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