1 Top Management; 2 Top shareholders; 3 Peer Comparison & Ranking of 2010; 4 Currency Synopsis: Saudi Riyal (SAR)
Top Management
Top Management
Name | Designation | Abdulrahman Al-Fageeh | Chief Executive Officer, Executive Director | Khalid H. Al-Dabbagh | Chairman | Dr. Mohammed Yahya Alqahtani | Vice Chairman | Abdulaziz Al-Oudan | Executive Vice President |
Top shareholders Top 3 shareholders
Name of the Share Holder | Number Of Shares | % of Capital | Aramco Chemicals Co LLC | 2100000000 | 70.0 | Yousef Abdurahman Ibrahim Al Zamil | 69000 | 0.002 | Faisal Mohammed Al Faqeer | 6000 | 0.0002 | % held by Top 3 shareholders 70.0%
Peer Comparison & Ranking of 2010 BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING: Saudi Basic Industries vs Saudi Market
Out of 300 stocks in the Saudi Arabian Market, Saudi Basic Industries is ranked third(3) by Revenue, seventh(7) by Market Cap in $, ninth(9) by Free Cash Flow and Twenty-third(23) by Net Profit $.
| Saudi Avg | 2010 | 2010 Rank | Revenue $ | 2.8 B | 37.3 B | 3 | Market Cap $ | 8.1 B | 47.4 B | 7 | Free Cash Flow | 1.6 B | 6.2 B | 9 | Net Profit $ | 562.3 M | 410.3 M | 23 | Yield (%) | 2.9 | 2.9 | 46 | Price/Net Tangible Assets | 2.8x | 1.1x | 53 | P/Sales | 3.3x | 1.3x | 58 | Total Debt/Equity (the lower the better) | 0.2x | 0.2x | 121 | Premium to 52-Wk Low (%) | 1.4 | 11.7 | 170 | EBITDA Margin% | 30.98 | 3.2 | 200 | ROA (%) | 6.05 | 1.5 | 205 | Discount to 52-Wk High (%) | 17.8 | 20.4 | 218 | ROE (%) | 16.8 | 2.3 | 219 | 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 $ | 410.3 M | 151.1 B | 0.3 | -221,142,888 | -185.5 | Revenue $ | 37.3 B | 826.2 B | 4.5 | 58.6 B | 63.7 | Total Assets $ | 74.1 B | 2,649.3 B | 2.8 | 126.9 B | 58.4 | MCap $ | 47.4 B | 2,119.5 B | 2.2 | 83.3 B | 56.9 |
Relative Valuation Indicators: Stock vs Index and Stock vs Sector
Description | 2010 | All Share Index (TASI) Avg. | Petrochemical industries sector Avg. | Price/Earnings | 116.1 | 14.9 | -530.9 | Yield (%) | 2.87 | 3.23 | 3.04 | Price/Net Tangible Assets | 1.11 | 2.55 | 1.28 | Total Debt/Equity (the lower the better) | 0.19x | 0.2x | 0.26x |
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 SAR140 billion ($37.3 billion)[63.7% of aggregate sector revenue of SAR219.7 billion; up from 63.0% in the previous year.]
GLOBAL RANK [out of 45,762 stocks] AND RANK OF SAUDI BASIC INDUSTRIES IN THE MIDDLE EAST & AFRICA REGION [out of 1,910 stocks]
Description | Value | Global Rank | In MEA Region | MCap ($) | 47.4B | 497 | 12 | Total Assets ($) | 74.1B | 778 | 27 | Revenue ($) | 37.3B | 456 | 7 | Net Profit ($) | 410.3M | 2,580 | 96 | Return on Equity % | 2.3 | 24,963 | 1,276 | Net Profit Margin % | 3.1 | 21,934 | 1,200 | Price to Book | 5.9 | 30,142 | 1,279 | Yield % | 5.4 | 4,220 | 360 | PV1000 (1Year) $* | 859 | 30,871 | 1,276 | $* Change (1Year) % | -16.9 | 27,443 | 1,275 |
* 1 year ago $1 = SAR 3.75 Sep 16, 2025: $ 1 equals SAR 3.75
RANK OF SAUDI BASIC INDUSTRIES IN THE ALL SHARE INDEX (TASI) [out of 165 stocks], IN THE SAUDI MARKET [out of 300 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) | 177.6B | 6 | 7 | 1 | Total Assets (SAR) | 278B | 9 | 9 | 1 | Revenue (SAR) | 140B | 3 | 3 | 1 | Net Profit (SAR) | 1.5B | 18 | 22 | 2 | Return on Equity % | 2.3 | 117 | 217 | 5 | Net Profit Margin % | 3.1 | 113 | 207 | 6 | Price to Book | 1.1 | 42 | 55 | 5 | Yield % | 2.9 | 31 | 46 | 4 | PV1000 (1Year) SAR | 859 | 64 | 124 | 8 |
LONG-TERM FUNDAMENTAL RANKING: 4 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 SAR177.6 billion ($47.4 billion). Within its sector it has a relatively moderate P/E of 116.1 and moderate Price/Sales of 1.3.
It has a moderate relative ROE of 2.3% and ROA of 1.5%. 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=1.9CNY | China | - | -0.1 | 0.3 | 2.9 | SAR1=39.36JPY | Japan | 0.1 | -0.3 | 4.7 | 3.0 | SAR1=0.228EUR | European Union | - | - | -5.5 | -13.9 | SAR1=370.495KRW | South Korea | 0.1 | -0.1 | 4.7 | 0.5 | SAR1=0.342SGD | Singapore | - | -0.1 | -1.3 | -8.3 | SAR1=0.448NZD | New Zealand | 0.2 | -0.7 | 3.8 | 2.8 | SAR1=0.197GBP | United Kingdom | -0.1 | -0.4 | -3.1 | -14.3 | SAR1=0.401AUD | Australia | - | -1.2 | 1.0 | 3.0 | SAR1=2.073HKD | Hong Kong | -0.1 | -0.2 | -0.3 | -0.9 | SAR1=0.213CHF | Switzerland | 0.1 | - | -6.2 | -17.0 | SAR1=0.369CAD | Canada | - | 0.1 | 1.9 | 6.3 | SAR1=2.489SEK | Sweden | 0.1 | -0.5 | -9.2 | -11.7 | SAR1=2.629NOK | Norway | -0.2 | -1.6 | -7.9 | -0.2 | SAR1=4.92MXN | Mexico | -0.2 | -1.4 | -5.4 | -7.1 |
1 Dividend; 2 Financials as Reported Q2 2025, Past 10 Years
Dividend Dividend History In the past 5 years annual dividends have increased by SAR0.2 from SAR1.5 to SAR1.7. Based on a start date of 5 years ago, there has been three decline in dividends over the last 5 years.
Date | Value (SAR) | Type | 12 Feb 2025 | 1.7 | Cash | Tr 12 Months | 1.7 | | 2023 - 2024 | 3.3 | | 2022 - 2023 | 3.8 | | 2021 - 2022 | 6.25 | | 2020 - 2021 | 1.5 | |
Financials as Reported Q2 2025, Past 10 Years Financials as reported (Q2/2025)
RESULTS OF OPERATIONS AND FINANCIAL CONDITION (In SAR Thousand, except per share data and shares outstanding)
INCOME STATEMENT AS REPORTED (Q2/2025)
Description | SAR Thousand | SAR Thousand | | Jun 30 | 2025 | 2024 | Change % | Revenue | 35,565,517 | 35,718,598 | Down 0.4 | Cost of sales | -31,149,386 | -28,524,783 | Deterioration 9.2 | Gross profit | 4,416,131 | 7,193,815 | Down 38.6 | General and administrative expenses | -2,269,096 | -2,424,676 | Improved 6.4 | Research and development expenses | -442,077 | -480,174 | Improved 7.9 | Selling and distribution expenses | -2,162,023 | -2,036,196 | Deterioration 6.2 | Results from integral joint ventures | 238,741 | 209,584 | Up 13.9 | Other operating income | 427,174 | 311,917 | Up 37.0 | Other operating expenses | -2,092,534 | -673,759 | Deterioration 210.6 | (Loss) income from operations | -1,883,684 | 2,100,511 | Deterioration | Results from associates and nonintegral joint ventures * | -707,579 | 317,079 | Deterioration | Finance income | 521,540 | 515,357 | Up 1.2 | Finance cost | -1,197,299 | -680,090 | Deterioration 76.1 | (Loss) income before zakat and income tax | -3,267,022 | 2,252,857 | Deterioration | Zakat (expense) benefit | -284,276 | 545,348 | Deterioration | Income tax expense | -89,603 | -42,375 | Deterioration 111.5 | Net (loss) income from continuing operations | -3,640,901 | 2,755,830 | Deterioration | Net loss from discontinued operation | | -48,322 | | Net (loss) income | -3,640,901 | 2,707,508 | Deterioration | Net (loss) income from continuing operations | | | | Attributable to: | | | | Equity holders of the Parent | -4,066,106 | 2,231,848 | Deterioration | Non-controlling interests | 425,205 | 523,982 | Down 18.9 | | -3,640,901 | 2,755,830 | Deterioration | Net (loss) income | | | | Attributable to: | | | | Equity holders of the Parent | -4,066,106 | 2,183,526 | Deterioration | Non-controlling interests | 425,205 | 523,982 | Down 18.9 | | -3,640,901 | 2,707,508 | Deterioration | Basic and diluted earnings per share from net (loss) income attributable to equity holders of the Parent (Saudi Riyals) | | | | Net (loss) income from continuing operations | -136.0 hallalah | 74.0 hallalah | Deterioration | Net (loss) income | -136.0 hallalah | 73.0 hallalah | Deterioration |
BALANCE SHEET AS REPORTED (Q2/2025)
Description | SAR Thousand | SAR Thousand | | | Jun 30, 2025 | Dec 31, 2024 | Change % | Assets | | | | Non-current assets | | | | Property plant and equipment | 108,533,345 | 112,580,575 | Down 3.6 | Right-of-use assets | 4,626,430 | 4,835,543 | Down 4.3 | Intangible assets | 19,691,156 | 19,141,633 | Up 2.9 | Investments in associates and joint ventures | 34,444,892 | 34,960,835 | Down 1.5 | Investments in debt and equity instruments | 608,976 | 585,860 | Up 3.9 | Deferred tax assets | 2,708,980 | 2,365,609 | Up 14.5 | Derivative financial instruments | 3,533,344 | 3,669,688 | Down 3.7 | Other assets and receivables | 6,026,327 | 8,020,234 | Down 24.9 | Total non-current assets | 180,173,450 | 186,159,977 | Down 3.2 | Current assets | | | | Inventories | 17,745,827 | 18,813,581 | Down 5.7 | Trade receivables | 21,424,352 | 20,439,823 | Up 4.8 | Other assets and receivables | 8,506,454 | 10,298,362 | Down 17.4 | Short-term investments | 13,610,617 | 7,668,807 | Up 77.5 | Cash and cash equivalents | 30,631,380 | 30,539,668 | Up 0.3 | | 91,918,630 | 87,760,241 | Up 4.7 | Assets held for sale | | 3,623,625 | | Total current assets | 91,918,630 | 91,383,866 | Up 0.6 | Total assets | 272,092,080 | 277,543,843 | Down 2.0 | Equity and liabilities | | | | Equity | | | | Equity attributable to equity holders of the Parent | 153,881,659 | 156,358,183 | Down 1.6 | Non-controlling interests | 27,324,936 | 27,085,026 | Up 0.9 | Total equity | 181,206,595 | 183,443,209 | Down 1.2 | Non-current liabilities | | | | Debt and lease liabilities | 35,779,093 | 30,149,046 | Up 18.7 | Employee benefits | 12,868,514 | 13,507,010 | Down 4.7 | Deferred tax liabilities | 651,902 | 611,582 | Up 6.6 | Derivative financial instruments | 2,283,394 | 1,975,894 | Up 15.6 | Provisions and other liabilities | 2,498,792 | 2,475,814 | Up 0.9 | Total non-current liabilities | 54,081,695 | 48,719,346 | Up 11.0 | Current liabilities | | | | Short-term borrowings current portion of debt and current portion of lease liabilities | 5,753,437 | 5,049,023 | Up 14.0 | Trade payables provisions and other liabilities | 31,050,353 | 40,332,265 | Down 23.0 | Total current liabilities | 36,803,790 | 45,381,288 | Down 18.9 | Total liabilities | 90,885,485 | 94,100,634 | Down 3.4 | Total equity and liabilities | 272,092,080 | 277,543,843 | Down 2.0 |
CASH FLOW AS REPORTED (Q2/2025)
Description | SAR Thousand | SAR Thousand | | Jun 30 | 2025 | 2024 | Change % | Operating activities | | | | (Loss) income before zakat and income tax | | | | from continuing operations | -3,877,777 | 3,649,857 | Deterioration | from discontinued operation | | -390,652 | | Adjustments to reconcile (loss) income before zakat and income tax to net cash from operating activities: | | | | Depreciation amortisation and impairment | 10,069,562 | 6,901,485 | Up 45.9 | Fair value re-measurement on assets held for sale | | 181,728 | | Results of associates and non-integral joint ventures | 577,214 | -489,843 | Recovery | Finance income | -1,295,606 | -1,189,291 | Deterioration 8.9 | Finance cost | 1,939,082 | 1,340,229 | Up 44.7 | Other movements | 26,622 | 29,568 | Down 10.0 | Change in operating assets and liabilities: | | | | Changes in inventories trade receivables and payables | -1,742,522 | -4,806,367 | Improved 63.7 | (Decrease) increase in employee benefits | -1,222,900 | 77,617 | Deterioration | Other assets and liabilities changes | 320,733 | -82,874 | Recovery | | 4,794,408 | 5,221,457 | Down 8.2 | Interest received | 1,117,726 | 603,981 | Up 85.1 | Interest paid | -938,194 | -1,043,537 | Improved 10.1 | Zakat and income tax paid | -1,621,870 | -1,935,259 | Improved 16.2 | Net cash from operating activities | 3,352,070 | 2,846,642 | Up 17.8 | Investing activities | | | | Purchase of property plant and equipment and intangible assets | -3,835,417 | -4,633,601 | Improved 17.2 | Investments in associates and non-integral joint ventures | -542,124 | -407,889 | Deterioration 32.9 | Dividend received from associates and non-integral joint ventures | 801,107 | 596,381 | Up 34.3 | Short-term investments net | -5,764,759 | -785,472 | Deterioration 633.9 | Other assets movements | 3,294 | 26,078 | Down 87.4 | Proceeds from disposal of discontinued operation | 3,173,005 | 1,163,045 | Up 172.8 | Cash and cash equivalents transferred | | -1,365,147 | | Net cash flow from disposal of discontinued operation | 3,173,005 | -202,102 | Recovery | Net proceeds from sale of assets held for sale | 3,605,726 | | | Net cash used in investing activities | -2,559,168 | -5,406,605 | Improved 52.7 | Net cash used in financing activities | -3,566,841 | -5,194,403 | Improved 31.3 | Decrease in cash and cash equivalents | -2,773,939 | -7,754,366 | Improved 64.2 | Net foreign exchange gain (loss) on cash and cash equivalents | 115,485 | -50,590 | Recovery | Cash and cash equivalents at the beginning of the period | 30,536,409 | 33,795,375 | Down 9.6 | Cash and cash equivalents at the end of the period | 27,877,955 | 25,990,419 | Up 7.3 |
Download SAUDI BASIC INDUSTRIES Financials Past 10 Years
Description (December 31) | 2024 | 2023 | 2022 | 2021 | 2020 | Income Statement | | | | | | Revenue per share | 46.66 | 47.18 | | | 38.98 | Tax | (135.9 M) | (831 M) | 2 B | 2 B | (2 B) | Net profit | 1.5 B | (2.8 B) | 16.5 B | 23.1 B | 66.8 M | EPS | 0.51 | (0.92) | | | 0.02 | Balance Sheet | | | | | | Equity Share Capital (B) | 156.8 | 167.4 | | | 167.6 | Retained Earnings (B) | 20.1 | 28.1 | | | 15.1 | Total Debt (B) | 35.2 | 33.5 | | | 40.3 | Total Assets (B) | 278 | 294.4 | 313.1 | 318.4 | 295.5 | Current Asset (B) | 91.4 | 100.6 | 148.5 | 149.6 | 81.4 | Fixed Asset (B) | 112.6 | 115.1 | 126.8 | 131 | 136.2 | Working Capital (B) | 46 | 47.8 | 100.3 | 100.2 | 43.9 | Cash Flow | | | | | | Operating Cash Flow (B) | 16.4 | 24.5 | 35.7 | 39.2 | 22.1 | Investing Cash Flow (B) | (8) | (11.8) | (12.6) | (8.9) | (14) | Financing Cash Flow (B) | (11.6) | (18.9) | (25.4) | (17.8) | (14.5) | Net Cash Flow (B) | (3.2) | (6.2) | (2.3) | 12.5 | (6.3) |
Description (December 31) | 2019 | 2018 | 2017 | 2016 | 2015 | Income Statement | | | | | | Sales (B) | 33.9 | 60.1 | 52.9 | 43.9 | 150.6 | Other Revenue (B) | (1.6) | 2.5 | 3 | | 2.5 | Tax (B) | 2.1 | 2.6 | 2.6 | 3 | 2.1 | Net profit (B) | 5.6 | 21.5 | 18.4 | 17.8 | 18.8 | Balance Sheet | | | | | | Total Assets (B) | 310.4 | 319.7 | 322.5 | 316.9 | 328.2 | Current Asset (B) | 118.3 | 137 | 135.8 | | 92.4 | Fixed Asset (B) | 170.1 | 163.8 | 167.4 | 170 | 173.2 | Working Capital (B) | 80.9 | 99.8 | 87.5 | | 49.8 | Cash Flow | | | | | | Operating Cash Flow (B) | 35.6 | 44.7 | 38.7 | 18.9 | | Investing Cash Flow (B) | (13.7) | (29.6) | 4.8 | (4.2) | | Financing Cash Flow (B) | (26.3) | (31.7) | (25.7) | (33.4) | | Net Cash Flow (B) | (4.5) | (16.6) | 17.7 | (18.7) | |
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