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 HolderNumber Of Shares% of Capital
Aramco Chemicals Co LLC210000000070.0
Mawarid Industrial and Petrolium Services Fund2526000008.4
Yousef Abdurahman Ibrahim Al Zamil690000.002
Faisal Mohammed Al Faqeer90000.0003
Mohammed Othman Abdulaziz Al Subaie30000.0001
% 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 Avg20102010 Rank
Revenue $3.2 B31.1 B2
Free Cash Flow1.2 B7.2 B3
Market Cap $8.8 B39.6 B7
Premium to 52-Wk Low (%)6.95.340
Yield (%)2.43.0358
P/Sales3.5x1.3x71
Price/Net Tangible Assets2.99x1.1x74
Total Debt/Equity (the lower the better)0.3x0.2x141
Discount to 52-Wk High (%)6.720.8178
EBITDA Margin%29.21.1220
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

LastCountry1-day %1-week %1-Year %3-Yrs %
SAR1=0.267USDUnited States Of America0.0---
SAR1=1.792CNYChina---5.7-7.8
SAR1=42.656JPYJapan0.10.48.99.6
SAR1=0.23EUREuropean Union-0.10.51.0-5.9
SAR1=365.425KRWSouth Korea--1.1-1.73.6
SAR1=0.339SGDSingapore-0.10.1-0.9-5.8
SAR1=0.451NZDNew Zealand0.10.8-0.20.8
SAR1=0.197GBPUnited Kingdom0.10.7--6.1
SAR1=0.372AUDAustralia--0.2-8.7-9.5
SAR1=2.09HKDHong Kong--0.6-0.1
SAR1=0.216CHFSwitzerland0.10.81.3-7.9
SAR1=0.37CADCanada-0.20.10.92.4
SAR1=2.558SEKSweden-0.21.01.6-11.6
SAR1=2.494NOKNorway-0.10.4-6.9-11.7
SAR1=4.535MXNMexico-0.10.3-8.71.4

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.

DateValue (SAR)Type
09 Mar 20261.5Cash
Tr 12 Months1.5
2024 - 20255.1
2023 - 20243.4
2022 - 20234.25
2021 - 20224

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)

DescriptionSAR ThousandSAR Thousand
Jun 3020262025Change %
Revenue (refer Note 8)24,806,62030,227,890Down 17.9
Cost of sales-20,453,222-24,003,519Improved 14.8
Gross profit4,353,3986,224,371Down 30.1
General and administrative expenses-2,116,987-1,935,922Deterioration 9.4
Research and development expenses-390,336-382,824Deterioration 2.0
Selling and distribution expenses-1,740,648-1,662,988Deterioration 4.7
Results from integral joint ventures400,804238,741Up 67.9
Other operating income325,582293,993Up 10.7
Other operating expenses-117,946-109,618Deterioration 7.6
Income from operations713,8672,665,753Down 73.2
Results from associates and non-integral joint ventures9,614518Up 1,756.0
Impairment loss from associates and non-integral joint ventures-722,869
Finance income456,190514,636Down 11.4
Finance costs-772,510-1,152,445Improved 33.0
Income before zakat and income tax407,1611,305,593Down 68.8
Zakatexpense-430,306-284,276Deterioration 51.4
Income tax expense-92,132-115,238Improved 20.1
Net (loss) income from continuing operations-115,277906,079Deterioration
Net loss from discontinued operations-757,113-4,546,980Improved 83.3
Net loss-872,390-3,640,901Improved 76.0
Net (loss) income from continuing operations
Attributable to:
Equity holders of the Parent-75,821480,874Deterioration
Non-controlling interests-39,456425,205Deterioration
-115,277906,079Deterioration
Net (loss) income
Attributable to:
Equity holders of the Parent-832,934-4,066,106Reduced 79.5
Non-controlling interests-39,456425,205Deterioration
-872,390-3,640,901Improved 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 hallalah16.0 hallalahDeterioration
Net loss-28.0 hallalah-136.0 hallalahImproved 79.4

BALANCE SHEET AS REPORTED (Quarter ending 30 June 2026)

DescriptionSAR ThousandSAR Thousand
Jun 30, 2026Dec 31, 2025Change %
Assets
Non-current assets
Property plant and equipment90,280,69193,069,696Down 3.0
Right-of-use assets3,113,2903,412,073Down 8.8
Intangible assets18,205,64218,279,953Down 0.4
Investments in associates and joint ventures34,331,61733,326,389Up 3.0
Investments in debt and equity instruments794,886636,718Up 24.8
Deferred tax assets385,149367,773Up 4.7
Derivative financial instruments2,422,6472,421,604Up
Other assets and receivables4,941,6245,204,351Down 5.0
Total non-current assets154,475,546156,718,557Down 1.4
Current assets
Inventories14,831,03012,847,432Up 15.4
Trade receivables16,422,68016,675,007Down 1.5
Other assets and receivables5,760,7438,425,796Down 31.6
Short-term investments11,496,33012,917,548Down 11.0
Cash and cash equivalents31,297,82427,746,328Up 12.8
79,808,60778,612,111Up 1.5
Assets held for sale10,947,9888,961,521Up 22.2
Total current assets90,756,59587,573,632Up 3.6
Total assets245,232,141244,292,189Up 0.4
Equity and liabilities
Equity
Equity attributable to equity holders of the Parent123,530,789128,718,634Down 4.0
Non-controlling interests25,176,35126,100,907Down 3.5
Total equity148,707,140154,819,541Down 3.9
Non-current liabilities
Debt and lease liabilities42,291,90824,335,922Up 73.8
Employee benefits12,988,66712,514,849Up 3.8
Deferred tax liabilities358,253364,718Down 1.8
Derivative financial instruments1,870,8941,870,894Steady
Provisions and other liabilities1,661,6151,751,021Down 5.1
Total non-current liabilities59,171,33740,837,404Up 44.9
Current liabilities
Short-term borrowings current portion of debt and
current portion of lease liabilities3,227,99612,719,305Down 74.6
Trade payables provisions and other liabilities27,284,99928,928,587Down 5.7
30,512,99541,647,892Down 26.7
Liabilities directly associated with assets held for sale6,840,6696,987,352Down 2.1
Total current liabilities37,353,66448,635,244Down 23.2
Total liabilities96,525,00189,472,648Up 7.9
Total equity and liabilities245,232,141244,292,189Up 0.4

CASH FLOW AS REPORTED (Quarter ending 30 June 2026)

DescriptionSAR ThousandSAR Thousand
Jun 3020262025Change %
Operating activities
Income (loss) before zakat and income tax
from continuing operations1,854,7411,772,299Up 4.7
from discontinued operation-1,635,929-5,650,076Improved 71.0
Adjustments to reconcile income (loss) before zakat and income tax to net cash from operating activities:
Depreciation amortisation and impairment5,778,42210,069,562Down 42.6
Fair value re-measurement on assets held for sale (refer Note 5)783,103
Results of associates and non-integral jointventures-237,193-145,655Deterioration 62.8
Impairment loss from associates and non-integral jointventures722,869
Finance income-952,976-1,295,606Improved 26.4
Finance costs1,482,0731,939,082Down 23.6
Other movements-5,53026,622Deterioration
Change in operating assets and liabilities:
Changes in inventories trade receivables and payables-3,805,219-1,742,522Deterioration 118.4
Increase (decrease) in employee benefits232,412-1,222,900Recovery
Changes in other operating assets and liabilities-1,052,977320,733Deterioration
2,440,9274,794,408Down 49.1
Interest received821,3601,117,726Down 26.5
Interest paid-1,080,758-938,194Deterioration 15.2
Zakat and income tax paid-1,128,511-1,621,870Improved 30.4
Net cash from operating activities1,053,0183,352,070Down 68.6
Investing activities
Purchase of property plant and equipment and intangible assets-2,724,250-3,835,417Improved 29.0
Investments in associates and non-integral jointventures-898,798-542,124Deterioration 65.8
Dividend received from associates and non-integral joint ventures288,717801,107Down 64.0
Short-term investments net1,449,548-5,764,759Recovery
Changes in other assets295,2203,294Up 8,862.4
Net cash flow from disposal of discontinued operation (refer Note 9)2,000,0003,173,005Down 37.0
Net cash flow from sale of assets held for sale3,605,726
Net cash from (used in) investing activities410,437-2,559,168Recovery
Financing activities
Proceeds from debt19,488,68917,675,890Up 10.3
Debt and lease repayments-11,753,924-14,729,280Improved 20.2
Dividends paid to shareholders-4,496,727-5,111,170Improved 12.0
Dividends paid to non-controlling interests-1,196,623-1,402,281Improved 14.7
Net cash from (used in) financing activities2,041,415-3,566,841Recovery
Increase (decrease) in cash and cash equivalents3,504,870-2,773,939Recovery
Net foreign exchange gain on cash and cash equivalents4,205115,485Down 96.4
Cash and cash equivalents at the beginning of the period27,950,60530,536,409Down 8.5
Cash and cash equivalents at the end of the period31,459,68027,877,955Up 12.8
Cash and cash equivalents31,297,82430,631,380Up 2.2
Cash and cash equivalents (included in assets held for sale)813,148
Less: Short-term borrowings (bank overdrafts)-651,292-2,753,425Improved 76.3
Cash and cash equivalents at the end of the period31,459,68027,877,955Up 12.8

Download SAUDI BASIC INDUSTRIES CORP. Financials Past 10 Years


Description (December 31)20252024202320222021
Income Statement
Sales (B)116.5117.7141.548.756.8
Tax (696.2 M)(607.2 M)(831 M)2 B2 B
Net profit (B)(1.5)5.1(2.8)16.523.1
EPS (8.59)0.51(0.92)
Balance Sheet
Equity Share Capital (B)128.7156.4167.4
Retained Earnings (B)100.219.628.1
Total Debt (B)37.135.233.5
Total Assets (B)244.3277.5294.4313.1318.4
Current Asset (B)87.691.4100.6148.5149.6
Fixed Asset (B)93.1112.6115.1126.8131
Working Capital (B)38.94647.8100.3100.2
Cash Flow
Operating Cash Flow (B)1616.424.535.739.2
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)20202019201820172016
Income Statement
Sales (B)116.933.960.152.943.9
Other Revenue (B)(1.6)2.53
Tax (B)(2)2.12.62.63
Net profit 66.8 M5.6 B21.5 B18.4 B17.8 B
Balance Sheet
Total Assets (B)295.5310.4319.7322.5316.9
Current Asset (B)81.4118.3137135.8
Fixed Asset (B)136.2170.1163.8167.4170
Working Capital (B)43.980.999.887.5
Cash Flow
Operating Cash Flow (B)22.135.644.738.718.9
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)