1 The Past Year: Press Releases; 2 Top shareholders; 3 Peer Comparison & Ranking of 2010; 4 Currency Synopsis: Saudi Riyal (SAR)
The Past Year: Press Releases Press Releases and Corporate Wire
Press Release article 1 of 4, Source: WEC, 53 words
March 22: Saudi Basic Industries announces dividend
Saudi Basic Industries today announced a cash dividend of SAR1.50 per share. The ex-dividend date is Monday, March 09, 2026 and the record date is Tuesday, March 10, 2026 and it is payable on Tuesday, March 31.
Press Release article 2 of 4, Source: Company Website, 279 words
October 08 2025: SABIC unveils advanced material solutions at K 2025 to shape everyday products
SABIC, a global leader in the chemical industry, showcased its theme "Connecting Everyday Life" at K 2025 by unveiling innovative solutions that help in develop everyday products through extensive collaborations across the value chain. SABIC grouped its K show exhibit into five display areas - Live, Move, Work, Shop, and Care - to reflect how the company's technological innovations are being discreetly woven into the fabric of daily routines.
Sami Al-Osaimi, Executive Vice President, Polymers Business at SABIC said: "Visitors to K show can see that our products can help enhance everyday life by seamlessly integrating our cutting-edge material solutions, technology and consumer-centric approach. We help enable electrification, foster design freedom, advance recyclability, and support the increasing demand for renewable energy solutions, all contributing to the evolution of products used daily by consumers, businesses, and industries around the world."
In the "Move" area, SABIC's knowledge related to EVs and their charging systems has been consolidated in its BLUEHERO(TradeMark) initiative, which enables the next generation of electric mobility with material solutions for EV battery systems, power electronics, and charging infrastructure. For large transportation parts, SABIC introduced its new MEGAMOLDING(TradeMark) platform, combining the company's expertise, data, tools and materials to help in produce large thermoplastic parts especially for electric vehicles.
Under the "Shop" and "Care" areas, SABIC demonstrated end products derived from its TRUCIRCLE portfolio of products and services. SABIC works with suppliers and customers to create solutions with polymers attributed to certified bio-renewable feedstock, that might contribute to lowering the product's carbon footprint when compared to incumbent solutions.
Press Release article 3 of 4, Source: Company Website, 293 words
October 07 2025: SABIC & Zuyderland collaborate to drive circularity for hospital plastic waste, presenting closed loop pilots with ecosystem partners
SABIC, a global leader in the chemical industry, has collaborated with Zuyderland medical center in The Netherlands to help transform medical plastic waste into new contact sensitive packaging materials. In collaboration with converters, Coveris and ACE, and brand owners Artivion and Molnlycke Health Care, the SABIC and its project partners have successfully proven the concept of recycling used medical plastic back into the medical materials stream in two innovative pilot projects.
Staff at Zuyderland launched a medical plastic waste collection program in June 2024 to help address unmet needs and challenges of plastic waste that would otherwise be incinerated. The program consists of a novel collection system for non-contaminated plastic waste that has not come into contact with patients, blood, or bodily fluids. With the support of specialized transport company L'Ortye, the plastic waste was prepared and transported to SABIC to be converted into pyrolysis oil leveraging advanced recycling processes. SABIC then used this alternative feedstock to produce virgin-like certified circular polyethylene (PE) from its TRUCIRCLE(TradeMark) portfolio.
The new certified circular TRUCIRCLE(TradeMark) PE has subsequently been used in two new healthcare solutions:
Coveris produced packaging with 25% content attributed to recycled medical waste for Artivion's guide wire used in vascular surgery. Molnlycke Health Care produced surgical drapes with 49% content attributed to hospital-generated plastic waste to be delivered in the ProcedurePak solution with material component from ACE. Khaled Al- Jalawi, Global Circular Economy Director at SABIC stated: "We are excited about this pioneering circular business model pilot, which showcases the potential of circular plastic innovations when leading actors from across the medical ecosystem closely collaborate.
Press Release article 4 of 4, Source: Company Website, 283 words
September 30 2025: SABIC To debut non-fluorinated Siltem(TradeMark) resin blends with enhanced performance at IWCS 2025
SABIC, a global leader in the chemical industry, will feature at the 2025 IWCS Cable & Connectivity Industry Forum, in Booth #230, three new families of non-fluorinated SILTEM(TradeMark) resin blends. These novel materials can potentially replace fluoropolymers such as ethylene-tetrafluoroethylene (ETFE), fluorinated ethylene propylene (FEP) and polyvinylidene fluoride (PVDF) in wire & cable applications used in the automotive, industrial, and oil & gas industries. The SABIC materials help to address regulatory restrictions on per- and polyfluoroalkyl substances (PFAS), a broad category that includes fluoropolymers.
In addition to being formulated without fluorine, the new blends build on the properties of SILTEM(TradeMark) polyetherimide/siloxane (PEI-Si) copolymer resin to deliver easier processing and enhanced performance, such as better thermal and chemical resistance. The new SILTEM resin blends may also be candidates for strain reliefs, data cables, heat tracing cables and automotive under-hood wiring. Beyond wire & cable, they have potential for use in seals, gaskets and heat-shrink tubes, for which the material can be crosslinked to meet "shape memory" requirements. They are available for sampling.
At IWCS, Sean Culligan, senior manager, ULTEM(TradeMark) and NORYL(TradeMark) Resins, will present on "Polyetherimide (PEI)-Siloxane Copolymers as an Alternative to Fluoropolymers" during Session 9 of the Technical Symposium, which will run from 8:30 to 11:50 a.m. EDT on Oct. 30.
"Many wire & cable customers are looking for alternatives to fluoropolymers that address regulatory concerns and strict performance requirements." said Sergi Monros, vice president, SABIC Polymers, Specialties BU. "Our new SILTEM resin blends address growing demands for materials that avoid fluorine while raising the bar on performance and processing."
Top shareholders Top 5 shareholders
| Name of the Share Holder | Number Of Shares | % of Capital | | Aramco Chemicals Co LLC | 2100000000 | 70.0 | | Mawarid Industrial and Petrolium Services Fund | 252600000 | 8.4 | | Yousef Abdurahman Ibrahim Al Zamil | 69000 | 0.002 | | Faisal Mohammed Al Faqeer | 9000 | 0.0003 | | Mohammed Othman Abdulaziz Al Subaie | 3000 | 0.0001 | % held by Top 5 shareholders 78.4%
Peer Comparison & Ranking of 2010 BUYSELLSIGNALS FUNDAMENTALS VALUATION RANKING: Saudi Basic Industries Corp. vs Saudi Market
Out of 292 stocks in the Saudi Arabian Market, Saudi Basic Industries Corp. is ranked second(2) by Revenue, third(3) by Free Cash Flow, seventh(7) by Market Cap in $ and Fortieth(40) by Premium to 52-Wk Low.
| Saudi Avg | 2010 | 2010 Rank | | Revenue $ | 3.2 B | 31.1 B | 2 | | Free Cash Flow | 1.2 B | 7.2 B | 3 | | Market Cap $ | 8.8 B | 39.6 B | 7 | | Premium to 52-Wk Low (%) | 6.9 | 5.3 | 40 | | Yield (%) | 2.4 | 3.03 | 58 | | P/Sales | 3.5x | 1.3x | 71 | | Price/Net Tangible Assets | 2.99x | 1.1x | 74 | | Total Debt/Equity (the lower the better) | 0.3x | 0.2x | 141 | | Discount to 52-Wk High (%) | 6.7 | 20.8 | 178 | | EBITDA Margin% | 29.2 | 1.1 | 220 | | Net Profit $ | 639 M | (408.8 M) | 290 | Negative values are shown in brackets.
MARKET SHARE Saudi Basic Industries Corp. has a position of market dominance in the Materials sector. Saudi Basic Industries Corp. vs Materials sector [Materials sector Total in Brackets] Revenue of SAR116.5 billion ($31.1 billion)[50.1% of aggregate sector revenue of SAR230.6 billion; down from 51.6% in the previous year.] EBIT of SAR1.3 billion ($335.5 million) [8.4% of aggregate sector EBIT of SAR14.8 billion; down from 41.4% in the previous year.]
LONG-TERM FUNDAMENTAL RANKING: 4 OUT OF 5 [5 is best] Saudi Basic Industries Corp. is ranked number 2 out of 52 listed materials companies in the Saudi Arabia with a market capitalization of SAR148.5 billion ($39.6 billion). Within its sector it has a relatively low Price/Sales of 1.3.
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=1.792CNY | China | - | - | -5.7 | -7.8 | | SAR1=42.656JPY | Japan | 0.1 | 0.4 | 8.9 | 9.6 | | SAR1=0.23EUR | European Union | -0.1 | 0.5 | 1.0 | -5.9 | | SAR1=365.425KRW | South Korea | - | -1.1 | -1.7 | 3.6 | | SAR1=0.339SGD | Singapore | -0.1 | 0.1 | -0.9 | -5.8 | | SAR1=0.451NZD | New Zealand | 0.1 | 0.8 | -0.2 | 0.8 | | SAR1=0.197GBP | United Kingdom | 0.1 | 0.7 | - | -6.1 | | SAR1=0.372AUD | Australia | - | -0.2 | -8.7 | -9.5 | | SAR1=2.09HKD | Hong Kong | - | - | 0.6 | -0.1 | | SAR1=0.216CHF | Switzerland | 0.1 | 0.8 | 1.3 | -7.9 | | SAR1=0.37CAD | Canada | -0.2 | 0.1 | 0.9 | 2.4 | | SAR1=2.558SEK | Sweden | -0.2 | 1.0 | 1.6 | -11.6 | | SAR1=2.494NOK | Norway | -0.1 | 0.4 | -6.9 | -11.7 | | SAR1=4.535MXN | Mexico | -0.1 | 0.3 | -8.7 | 1.4 |
1 Dividend; 2 Financials as Reported Q2 2026, Past 10 Years
Dividend Dividend History In the past 5 years annual dividends have decreased by SAR2.5 from SAR4.0 to SAR1.5. Based on a start date of 5 years ago, there has been two increases in dividends over the last 5 years.
| Date | Value (SAR) | Type | | 09 Mar 2026 | 1.5 | Cash | | Tr 12 Months | 1.5 | | | 2024 - 2025 | 5.1 | | | 2023 - 2024 | 3.4 | | | 2022 - 2023 | 4.25 | | | 2021 - 2022 | 4 | |
Source: Saudi Stock Exchange(Tadawul): https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-financial-calendars/dividends, company (Saudi Basic Industries Corp.), Ticker(2010)
Financials as Reported Q2 2026, Past 10 Years Financials as reported (Quarter ending 30 June 2026)
RESULTS OF OPERATIONS AND FINANCIAL CONDITION (In SAR Thousand, except per share data and shares outstanding)
INCOME STATEMENT AS REPORTED (Quarter ending 30 June 2026)
| Description | SAR Thousand | SAR Thousand | | | Jun 30 | 2026 | 2025 | Change % | | Revenue (refer Note 8) | 24,806,620 | 30,227,890 | Down 17.9 | | Cost of sales | -20,453,222 | -24,003,519 | Improved 14.8 | | Gross profit | 4,353,398 | 6,224,371 | Down 30.1 | | General and administrative expenses | -2,116,987 | -1,935,922 | Deterioration 9.4 | | Research and development expenses | -390,336 | -382,824 | Deterioration 2.0 | | Selling and distribution expenses | -1,740,648 | -1,662,988 | Deterioration 4.7 | | Results from integral joint ventures | 400,804 | 238,741 | Up 67.9 | | Other operating income | 325,582 | 293,993 | Up 10.7 | | Other operating expenses | -117,946 | -109,618 | Deterioration 7.6 | | Income from operations | 713,867 | 2,665,753 | Down 73.2 | | Results from associates and non-integral joint ventures | 9,614 | 518 | Up 1,756.0 | | Impairment loss from associates and non-integral joint ventures | | -722,869 | | | Finance income | 456,190 | 514,636 | Down 11.4 | | Finance costs | -772,510 | -1,152,445 | Improved 33.0 | | Income before zakat and income tax | 407,161 | 1,305,593 | Down 68.8 | | Zakatexpense | -430,306 | -284,276 | Deterioration 51.4 | | Income tax expense | -92,132 | -115,238 | Improved 20.1 | | Net (loss) income from continuing operations | -115,277 | 906,079 | Deterioration | | Net loss from discontinued operations | -757,113 | -4,546,980 | Improved 83.3 | | Net loss | -872,390 | -3,640,901 | Improved 76.0 | | Net (loss) income from continuing operations | | | | | Attributable to: | | | | | Equity holders of the Parent | -75,821 | 480,874 | Deterioration | | Non-controlling interests | -39,456 | 425,205 | Deterioration | | -115,277 | 906,079 | Deterioration | | Net (loss) income | | | | | Attributable to: | | | | | Equity holders of the Parent | -832,934 | -4,066,106 | Reduced 79.5 | | Non-controlling interests | -39,456 | 425,205 | Deterioration | | -872,390 | -3,640,901 | Improved 76.0 | | 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 | -3.0 hallalah | 16.0 hallalah | Deterioration | | Net loss | -28.0 hallalah | -136.0 hallalah | Improved 79.4 |
BALANCE SHEET AS REPORTED (Quarter ending 30 June 2026)
| Description | SAR Thousand | SAR Thousand | | | Jun 30, 2026 | Dec 31, 2025 | Change % | | Assets | | | | | Non-current assets | | | | | Property plant and equipment | 90,280,691 | 93,069,696 | Down 3.0 | | Right-of-use assets | 3,113,290 | 3,412,073 | Down 8.8 | | Intangible assets | 18,205,642 | 18,279,953 | Down 0.4 | | Investments in associates and joint ventures | 34,331,617 | 33,326,389 | Up 3.0 | | Investments in debt and equity instruments | 794,886 | 636,718 | Up 24.8 | | Deferred tax assets | 385,149 | 367,773 | Up 4.7 | | Derivative financial instruments | 2,422,647 | 2,421,604 | Up | | Other assets and receivables | 4,941,624 | 5,204,351 | Down 5.0 | | Total non-current assets | 154,475,546 | 156,718,557 | Down 1.4 | | Current assets | | | | | Inventories | 14,831,030 | 12,847,432 | Up 15.4 | | Trade receivables | 16,422,680 | 16,675,007 | Down 1.5 | | Other assets and receivables | 5,760,743 | 8,425,796 | Down 31.6 | | Short-term investments | 11,496,330 | 12,917,548 | Down 11.0 | | Cash and cash equivalents | 31,297,824 | 27,746,328 | Up 12.8 | | 79,808,607 | 78,612,111 | Up 1.5 | | Assets held for sale | 10,947,988 | 8,961,521 | Up 22.2 | | Total current assets | 90,756,595 | 87,573,632 | Up 3.6 | | Total assets | 245,232,141 | 244,292,189 | Up 0.4 | | Equity and liabilities | | | | | Equity | | | | | Equity attributable to equity holders of the Parent | 123,530,789 | 128,718,634 | Down 4.0 | | Non-controlling interests | 25,176,351 | 26,100,907 | Down 3.5 | | Total equity | 148,707,140 | 154,819,541 | Down 3.9 | | Non-current liabilities | | | | | Debt and lease liabilities | 42,291,908 | 24,335,922 | Up 73.8 | | Employee benefits | 12,988,667 | 12,514,849 | Up 3.8 | | Deferred tax liabilities | 358,253 | 364,718 | Down 1.8 | | Derivative financial instruments | 1,870,894 | 1,870,894 | Steady | | Provisions and other liabilities | 1,661,615 | 1,751,021 | Down 5.1 | | Total non-current liabilities | 59,171,337 | 40,837,404 | Up 44.9 | | Current liabilities | | | | | Short-term borrowings current portion of debt and | | | | | current portion of lease liabilities | 3,227,996 | 12,719,305 | Down 74.6 | | Trade payables provisions and other liabilities | 27,284,999 | 28,928,587 | Down 5.7 | | 30,512,995 | 41,647,892 | Down 26.7 | | Liabilities directly associated with assets held for sale | 6,840,669 | 6,987,352 | Down 2.1 | | Total current liabilities | 37,353,664 | 48,635,244 | Down 23.2 | | Total liabilities | 96,525,001 | 89,472,648 | Up 7.9 | | Total equity and liabilities | 245,232,141 | 244,292,189 | Up 0.4 |
CASH FLOW AS REPORTED (Quarter ending 30 June 2026)
| Description | SAR Thousand | SAR Thousand | | | Jun 30 | 2026 | 2025 | Change % | | Operating activities | | | | | Income (loss) before zakat and income tax | | | | | from continuing operations | 1,854,741 | 1,772,299 | Up 4.7 | | from discontinued operation | -1,635,929 | -5,650,076 | Improved 71.0 | | Adjustments to reconcile income (loss) before zakat and income tax to net cash from operating activities: | | | | | Depreciation amortisation and impairment | 5,778,422 | 10,069,562 | Down 42.6 | | Fair value re-measurement on assets held for sale (refer Note 5) | 783,103 | | | | Results of associates and non-integral jointventures | -237,193 | -145,655 | Deterioration 62.8 | | Impairment loss from associates and non-integral jointventures | | 722,869 | | | Finance income | -952,976 | -1,295,606 | Improved 26.4 | | Finance costs | 1,482,073 | 1,939,082 | Down 23.6 | | Other movements | -5,530 | 26,622 | Deterioration | | Change in operating assets and liabilities: | | | | | Changes in inventories trade receivables and payables | -3,805,219 | -1,742,522 | Deterioration 118.4 | | Increase (decrease) in employee benefits | 232,412 | -1,222,900 | Recovery | | Changes in other operating assets and liabilities | -1,052,977 | 320,733 | Deterioration | | 2,440,927 | 4,794,408 | Down 49.1 | | Interest received | 821,360 | 1,117,726 | Down 26.5 | | Interest paid | -1,080,758 | -938,194 | Deterioration 15.2 | | Zakat and income tax paid | -1,128,511 | -1,621,870 | Improved 30.4 | | Net cash from operating activities | 1,053,018 | 3,352,070 | Down 68.6 | | Investing activities | | | | | Purchase of property plant and equipment and intangible assets | -2,724,250 | -3,835,417 | Improved 29.0 | | Investments in associates and non-integral jointventures | -898,798 | -542,124 | Deterioration 65.8 | | Dividend received from associates and non-integral joint ventures | 288,717 | 801,107 | Down 64.0 | | Short-term investments net | 1,449,548 | -5,764,759 | Recovery | | Changes in other assets | 295,220 | 3,294 | Up 8,862.4 | | Net cash flow from disposal of discontinued operation (refer Note 9) | 2,000,000 | 3,173,005 | Down 37.0 | | Net cash flow from sale of assets held for sale | | 3,605,726 | | | Net cash from (used in) investing activities | 410,437 | -2,559,168 | Recovery | | Financing activities | | | | | Proceeds from debt | 19,488,689 | 17,675,890 | Up 10.3 | | Debt and lease repayments | -11,753,924 | -14,729,280 | Improved 20.2 | | Dividends paid to shareholders | -4,496,727 | -5,111,170 | Improved 12.0 | | Dividends paid to non-controlling interests | -1,196,623 | -1,402,281 | Improved 14.7 | | Net cash from (used in) financing activities | 2,041,415 | -3,566,841 | Recovery | | Increase (decrease) in cash and cash equivalents | 3,504,870 | -2,773,939 | Recovery | | Net foreign exchange gain on cash and cash equivalents | 4,205 | 115,485 | Down 96.4 | | Cash and cash equivalents at the beginning of the period | 27,950,605 | 30,536,409 | Down 8.5 | | Cash and cash equivalents at the end of the period | 31,459,680 | 27,877,955 | Up 12.8 | | Cash and cash equivalents | 31,297,824 | 30,631,380 | Up 2.2 | | Cash and cash equivalents (included in assets held for sale) | 813,148 | | | | Less: Short-term borrowings (bank overdrafts) | -651,292 | -2,753,425 | Improved 76.3 | | Cash and cash equivalents at the end of the period | 31,459,680 | 27,877,955 | Up 12.8 |
Download SAUDI BASIC INDUSTRIES CORP. Financials Past 10 Years
| Description (December 31) | 2025 | 2024 | 2023 | 2022 | 2021 | | Income Statement | | | | | | | Sales (B) | 116.5 | 117.7 | 141.5 | 48.7 | 56.8 | | Tax | (696.2 M) | (607.2 M) | (831 M) | 2 B | 2 B | | Net profit (B) | (1.5) | 5.1 | (2.8) | 16.5 | 23.1 | | EPS | (8.59) | 0.51 | (0.92) | | | | Balance Sheet | | | | | | | Equity Share Capital (B) | 128.7 | 156.4 | 167.4 | | | | Retained Earnings (B) | 100.2 | 19.6 | 28.1 | | | | Total Debt (B) | 37.1 | 35.2 | 33.5 | | | | Total Assets (B) | 244.3 | 277.5 | 294.4 | 313.1 | 318.4 | | Current Asset (B) | 87.6 | 91.4 | 100.6 | 148.5 | 149.6 | | Fixed Asset (B) | 93.1 | 112.6 | 115.1 | 126.8 | 131 | | Working Capital (B) | 38.9 | 46 | 47.8 | 100.3 | 100.2 | | Cash Flow | | | | | | | Operating Cash Flow (B) | 16 | 16.4 | 24.5 | 35.7 | 39.2 | | Investing Cash Flow (B) | (7.7) | (8) | (11.8) | (12.6) | (8.9) | | Financing Cash Flow (B) | (10.9) | (11.6) | (18.9) | (25.4) | (17.8) | | Net Cash Flow (B) | (2.6) | (3.2) | (6.2) | (2.3) | 12.5 |
| Description (December 31) | 2020 | 2019 | 2018 | 2017 | 2016 | | Income Statement | | | | | | | Sales (B) | 116.9 | 33.9 | 60.1 | 52.9 | 43.9 | | Other Revenue (B) | | (1.6) | 2.5 | 3 | | | Tax (B) | (2) | 2.1 | 2.6 | 2.6 | 3 | | Net profit | 66.8 M | 5.6 B | 21.5 B | 18.4 B | 17.8 B | | Balance Sheet | | | | | | | Total Assets (B) | 295.5 | 310.4 | 319.7 | 322.5 | 316.9 | | Current Asset (B) | 81.4 | 118.3 | 137 | 135.8 | | | Fixed Asset (B) | 136.2 | 170.1 | 163.8 | 167.4 | 170 | | Working Capital (B) | 43.9 | 80.9 | 99.8 | 87.5 | | | Cash Flow | | | | | | | Operating Cash Flow (B) | 22.1 | 35.6 | 44.7 | 38.7 | 18.9 | | Investing Cash Flow (B) | (14) | (13.7) | (29.6) | 4.8 | (4.2) | | Financing Cash Flow (B) | (14.5) | (26.3) | (31.7) | (25.7) | (33.4) | | Net Cash Flow (B) | (6.3) | (4.5) | (16.6) | 17.7 | (18.7) |
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