Advanced Petrochemical’s net profit dips 5% to SAR 713 mln in 2015

06/01/2016 Argaam Exclusive

View other reports

Share Price

Advanced Petrochemical Co. (ADVANCED)

Advanced Petrochemical Co. reported a net profit of SAR 713 million for the 2015 fiscal year, marking a five percent decline compared with the same period last year. The company said last year’s profit was higher because it included gains from sales of some investments.

Financials (M)

Item	2014	2015	Change‬
Revenues	3,036.38	2,377.03	(21.7 %)
Gross Income	780.73	784.15	0.4 %
Operating Income	735.11	742.52	1.0 %
Net Income	750.95	713.03	(5.1 %)
Average Shares	260.00	260.00	-
EPS (Riyals)	2.89	2.74	(5.1 %)

The polypropylene producer reported a net profit of SAR 146.1 million in Q4-2015; a drop of 27 percent, mainly due to lower product prices. Profit for the period was 38 percent lower compared to the previous quarter.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2014	Q4 2015	Change‬
Revenues	739.82	541.73	(26.8 %)
Gross Income	231.78	160.72	(30.7 %)
Operating Income	216.42	148.10	(31.6 %)
Net Income	200.13	146.08	(27.0 %)
Average Shares	260.00	260.00	-
EPS (Riyals)	0.77	0.56	(27.0 %)

Item	Q3 2015	Q4 2015	Change‬
Revenues	631.98	541.73	(14.3 %)
Gross Income	248.32	160.72	(35.3 %)
Operating Income	240.55	148.10	(38.4 %)
Net Income	234.18	146.08	(37.6 %)
Average Shares	260.00	260.00	-
EPS (Riyals)	0.90	0.56	(37.6 %)

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
Q1 2006	-	-	-	-	-	-	-
Q2 2006	-	-	-	-	2.00	-	0.01
Q3 2006	-	-	-	-	-	-	-
Q4 2006	-	-	-	-	1.74	-	0.01
2006	-	-	-	-	1.74	-	0.01
Q1 2007	-	-	-	-	1.69	-	0.01
Q2 2007	-	-	-	-	0.61	(69.4 %)	0.00
Q3 2007	-	-	-	-	(0.06)	-	0.00
Q4 2007	-	-	-	-	(0.08)	(104.6 %)	0.00
2007	-	-	-	-	2.16	24.0 %	0.01
Q1 2008	-	-	-	-	(0.05)	(102.9 %)	0.00
Q2 2008	319.83	-	89.11	-	75.90	12281.2 %	0.29
Q3 2008	682.50	-	230.29	-	210.42	334096.8 %	0.81
Q4 2008	456.85	-	(39.87)	-	(76.12)	(95,045.0 %)	(0.29)
2008	1,459.18	-	279.52	-	210.15	9615.7 %	0.81
Q1 2009	369.52	-	63.52	-	42.87	87591.8 %	0.16
Q2 2009	344.26	7.6 %	60.92	(31.6 %)	34.63	(54.4 %)	0.13
Q3 2009	361.50	(47.0 %)	41.02	(82.2 %)	20.88	(90.1 %)	0.08
Q4 2009	391.55	(14.3 %)	52.47	231.6 %	28.74	137.8 %	0.11
2009	1,466.83	0.5 %	217.93	(22.0 %)	127.12	(39.5 %)	0.49
Q1 2010	464.49	25.7 %	69.23	9.0 %	52.57	22.6 %	0.20
Q2 2010	450.82	31.0 %	81.56	33.9 %	65.26	88.4 %	0.25
Q3 2010	545.20	50.8 %	136.90	233.7 %	121.14	480.0 %	0.47
Q4 2010	570.45	45.7 %	107.81	105.5 %	89.36	211.0 %	0.34
2010	2,030.96	38.5 %	395.50	81.5 %	328.32	158.3 %	1.26
Q1 2011	667.51	43.7 %	145.05	109.5 %	131.11	149.4 %	0.50
Q2 2011	742.50	64.7 %	170.14	108.6 %	155.61	138.5 %	0.60
Q3 2011	717.07	31.5 %	150.68	10.1 %	135.49	11.9 %	0.52
Q4 2011	663.84	16.4 %	109.88	1.9 %	90.60	1.4 %	0.35
2011	2,790.92	37.4 %	575.74	45.6 %	512.80	56.2 %	1.97
Q1 2012	586.24	(12.2 %)	69.36	(52.2 %)	57.09	(56.5 %)	0.22
Q2 2012	456.91	(38.5 %)	67.84	(60.1 %)	53.88	(65.4 %)	0.21
Q3 2012	649.29	(9.5 %)	114.76	(23.8 %)	100.26	(26.0 %)	0.39
Q4 2012	780.00	17.5 %	134.53	22.4 %	117.01	29.2 %	0.45
2012	2,472.44	(11.4 %)	386.50	(32.9 %)	328.24	(36.0 %)	1.26
Q1 2013	641.52	9.4 %	132.77	91.4 %	117.94	106.6 %	0.45
Q2 2013	685.67	50.1 %	150.60	122.0 %	136.67	153.7 %	0.53
Q3 2013	694.25	6.9 %	154.12	34.3 %	140.96	40.6 %	0.54
Q4 2013	764.17	(2.0 %)	173.96	29.3 %	161.29	37.9 %	0.62
2013	2,785.60	12.7 %	611.45	58.2 %	556.86	69.7 %	2.14
Q1 2014	669.17	4.3 %	150.42	13.3 %	137.45	16.5 %	0.53
Q2 2014	807.63	17.8 %	192.85	28.0 %	184.63	35.1 %	0.71
Q3 2014	819.76	18.1 %	205.69	33.5 %	228.74	62.3 %	0.88
Q4 2014	739.82	(3.2 %)	231.78	33.2 %	200.13	24.1 %	0.77
2014	3,036.38	9.0 %	780.73	27.7 %	750.95	34.9 %	2.89
Q1 2015	467.94	(30.1 %)	111.12	(26.1 %)	89.63	(34.8 %)	0.34
Q2 2015	735.37	(8.9 %)	264.00	36.9 %	243.15	31.7 %	0.94
Q3 2015	631.98	(22.9 %)	248.32	20.7 %	234.18	2.4 %	0.90
Q4 2015	541.73	(26.8 %)	160.72	(30.7 %)	146.08	(27.0 %)	0.56
2015	2,377.03	(21.7 %)	784.15	0.4 %	713.03	(5.1 %)	2.74

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
2006	-	-	-	-	1.74	-	0.01
2007	-	-	-	-	2.16	24.0 %	0.01
2008	1,459.18	-	279.52	-	210.15	9615.7 %	0.81
2009	1,466.83	0.5 %	217.93	(22.0 %)	127.12	(39.5 %)	0.49
2010	2,030.96	38.5 %	395.50	81.5 %	328.32	158.3 %	1.26
2011	2,790.92	37.4 %	575.74	45.6 %	512.80	56.2 %	1.97
2012	2,472.44	(11.4 %)	386.50	(32.9 %)	328.24	(36.0 %)	1.26
2013	2,785.60	12.7 %	611.45	58.2 %	556.86	69.7 %	2.14
2014	3,036.38	9.0 %	780.73	27.7 %	750.95	34.9 %	2.89
2015	2,377.03	(21.7 %)	784.15	0.4 %	713.03	(5.1 %)	2.74

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	-	-	-
2006	-	-	-
Q1 2007	-	-	-
Q2 2007	-	-	-
Q3 2007	-	-	-
Q4 2007	-	-	-
2007	-	-	-
Q1 2008	-	-	-
Q2 2008	27.86 %	34.47 %	23.67 %
Q3 2008	31.87 %	37.22 %	28.55 %
Q4 2008	19.16 %	25.06 %	14.40 %
2008	19.16 %	25.06 %	14.40 %
Q1 2009	18.76 %	25.27 %	13.84 %
Q2 2009	16.99 %	24.08 %	11.43 %
Q3 2009	8.20 %	17.20 %	1.45 %
Q4 2009	14.86 %	24.34 %	8.67 %
2009	14.86 %	24.34 %	8.67 %
Q1 2010	14.32 %	23.63 %	8.76 %
Q2 2010	14.64 %	23.92 %	10.04 %
Q3 2010	18.37 %	27.17 %	14.45 %
Q4 2010	19.47 %	28.05 %	16.17 %
2010	19.47 %	28.05 %	16.17 %
Q1 2011	21.10 %	29.07 %	18.21 %
Q2 2011	22.17 %	29.22 %	19.69 %
Q3 2011	21.27 %	27.74 %	18.96 %
Q4 2011	20.63 %	26.92 %	18.37 %
2011	20.63 %	26.92 %	18.37 %
Q1 2012	18.45 %	24.84 %	16.19 %
Q2 2012	16.41 %	22.93 %	13.90 %
Q3 2012	15.36 %	22.01 %	12.81 %
Q4 2012	15.63 %	21.99 %	13.28 %
2012	15.63 %	21.99 %	13.28 %
Q1 2013	17.80 %	24.04 %	15.39 %
Q2 2013	19.32 %	25.56 %	17.12 %
Q3 2013	20.42 %	26.53 %	18.30 %
Q4 2013	21.95 %	27.75 %	19.99 %
2013	21.95 %	27.75 %	19.99 %
Q1 2014	22.36 %	28.05 %	20.45 %
Q2 2014	22.87 %	28.30 %	21.08 %
Q3 2014	23.62 %	28.85 %	21.95 %
Q4 2014	25.71 %	31.08 %	23.84 %
2014	25.71 %	31.08 %	23.84 %
Q1 2015	26.15 %	31.74 %	23.89 %
Q2 2015	29.41 %	35.36 %	26.79 %
Q3 2015	33.21 %	39.71 %	30.30 %
Q4 2015	32.99 %	40.09 %	30.00 %
2015	32.99 %	40.09 %	30.00 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2006	-	-	-
2007	-	-	-
2008	19.16 %	25.06 %	14.40 %
2009	14.86 %	24.34 %	8.67 %
2010	19.47 %	28.05 %	16.17 %
2011	20.63 %	26.92 %	18.37 %
2012	15.63 %	21.99 %	13.28 %
2013	21.95 %	27.75 %	19.99 %
2014	25.71 %	31.08 %	23.84 %
2015	32.99 %	40.09 %	30.00 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	-	-	-
Q1 2007	-	-	-
Q2 2007	-	-	-
Q3 2007	-	-	-
Q4 2007	-	-	-
Q1 2008	-	-	-
Q2 2008	27.86 %	34.53 %	23.73 %
Q3 2008	33.74 %	38.50 %	30.83 %
Q4 2008	(8.73 %)	(1.64 %)	(16.66 %)
Q1 2009	17.19 %	26.11 %	11.60 %
Q2 2009	17.70 %	27.48 %	10.06 %
Q3 2009	11.35 %	22.12 %	5.78 %
Q4 2009	13.40 %	21.97 %	7.34 %
Q1 2010	14.90 %	23.35 %	11.32 %
Q2 2010	18.09 %	27.64 %	14.47 %
Q3 2010	25.11 %	33.76 %	22.22 %
Q4 2010	18.90 %	26.73 %	15.67 %
Q1 2011	21.73 %	28.21 %	19.64 %
Q2 2011	22.91 %	28.70 %	20.96 %
Q3 2011	21.01 %	27.09 %	18.90 %
Q4 2011	16.55 %	23.44 %	13.65 %
Q1 2012	11.83 %	18.76 %	9.74 %
Q2 2012	14.85 %	21.02 %	11.79 %
Q3 2012	17.68 %	24.20 %	15.44 %
Q4 2012	17.25 %	23.15 %	15.00 %
Q1 2013	20.70 %	27.11 %	18.38 %
Q2 2013	21.96 %	28.16 %	19.93 %
Q3 2013	22.20 %	28.20 %	20.30 %
Q4 2013	22.76 %	27.53 %	21.11 %
Q1 2014	22.48 %	28.40 %	20.36 %
Q2 2014	23.88 %	29.02 %	22.31 %
Q3 2014	25.09 %	30.27 %	23.69 %
Q4 2014	31.33 %	36.65 %	28.83 %
Q1 2015	23.75 %	31.28 %	19.15 %
Q2 2015	35.90 %	42.32 %	33.06 %
Q3 2015	39.29 %	46.49 %	37.05 %
Q4 2015	29.67 %	37.19 %	26.96 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2006	-	-	-	-
Q2 2006	260.00	-	-	2.89
Q3 2006	-	-	-	-
Q4 2006	260.00	-	-	5.44
Q1 2007	260.00	-	-	5.45
Q2 2007	260.00	-	-	5.45
Q3 2007	260.00	0.02	0.02	5.45
Q4 2007	260.00	0.01	0.01	5.45
Q1 2008	260.00	0.00	0.00	5.45
Q2 2008	260.00	0.29	0.29	5.73
Q3 2008	260.00	1.10	1.10	6.52
Q4 2008	260.00	0.81	0.81	6.22
Q1 2009	260.00	0.97	0.97	6.38
Q2 2009	260.00	0.81	0.81	6.51
Q3 2009	260.00	0.09	0.09	6.32
Q4 2009	260.00	0.49	0.49	6.42
Q1 2010	260.00	0.53	0.53	6.35
Q2 2010	260.00	0.64	0.64	6.19
Q3 2010	260.00	1.03	1.03	6.64
Q4 2010	260.00	1.26	1.26	6.97
Q1 2011	260.00	1.56	1.56	6.91
Q2 2011	260.00	1.91	1.91	6.95
Q3 2011	260.00	1.97	1.97	7.46
Q4 2011	260.00	1.97	1.97	7.80
Q1 2012	260.00	1.69	1.69	7.47
Q2 2012	260.00	1.30	1.30	7.04
Q3 2012	260.00	1.16	1.16	7.42
Q4 2012	260.00	1.26	1.26	7.86
Q1 2013	260.00	1.50	1.50	7.67
Q2 2013	260.00	1.81	1.81	7.55
Q3 2013	260.00	1.97	1.97	8.08
Q4 2013	260.00	2.14	2.14	8.67
Q1 2014	260.00	2.22	2.21	8.42
Q2 2014	260.00	2.40	2.38	8.31
Q3 2014	260.00	2.74	2.58	8.51
Q4 2014	260.00	2.89	2.78	9.14
Q1 2015	260.00	2.70	2.60	8.58
Q2 2015	260.00	2.93	2.85	9.04
Q3 2015	260.00	2.95	3.00	9.31
Q4 2015	260.00	2.74	2.74	9.65

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2006	260.00	0.01	0.01	5.44
2007	260.00	0.01	0.01	5.45
2008	260.00	0.81	0.81	6.22
2009	260.00	0.49	0.49	6.42
2010	260.00	1.26	1.26	6.97
2011	260.00	1.97	1.97	7.80
2012	260.00	1.26	1.26	7.86
2013	260.00	2.14	2.14	8.67
2014	260.00	2.89	2.78	9.14
2015	260.00	2.74	2.74	9.65

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	-	-	-
Q1 2007	-	-	2.17
Q2 2007	-	-	2.22
Q3 2007	More than 100	More than 100	3.52
Q4 2007	More than 100	More than 100	4.82
Q1 2008	More than 100	More than 100	4.94
Q2 2008	More than 100	More than 100	5.44
Q3 2008	17.14	17.14	2.90
Q4 2008	10.36	10.36	1.35
Q1 2009	9.53	9.53	1.45
Q2 2009	17.36	17.36	2.17
Q3 2009	More than 100	More than 100	2.28
Q4 2009	27.69	27.69	2.11
Q1 2010	23.72	23.72	1.97
Q2 2010	17.36	17.36	1.81
Q3 2010	10.46	10.46	1.62
Q4 2010	11.71	11.71	2.12
Q1 2011	10.74	10.74	2.43
Q2 2011	9.73	9.73	2.67
Q3 2011	7.93	7.93	2.09
Q4 2011	7.89	7.89	1.99
Q1 2012	11.70	11.70	2.64
Q2 2012	12.21	12.21	2.25
Q3 2012	14.13	14.13	2.21
Q4 2012	13.09	13.09	2.10
Q1 2013	12.31	12.31	2.40
Q2 2013	11.05	11.05	2.66
Q3 2013	10.69	10.69	2.61
Q4 2013	12.02	12.02	2.97
Q1 2014	12.12	12.15	3.19
Q2 2014	11.62	11.73	3.36
Q3 2014	13.77	14.59	4.43
Q4 2014	8.78	9.11	2.77
Q1 2015	9.69	10.06	3.05
Q2 2015	12.08	12.43	3.91
Q3 2015	9.76	9.59	3.09
Q4 2015	8.68	8.68	2.47

Period	P/E	Adjusted P/E	Price/book
2006	-	-	-
2007	More than 100	More than 100	4.82
2008	10.36	10.36	1.35
2009	27.69	27.69	2.11
2010	11.71	11.71	2.12
2011	7.89	7.89	1.99
2012	13.09	13.09	2.10
2013	12.02	12.02	2.97
2014	8.78	9.11	2.77
2015	8.68	8.68	2.47

Analysts Estimates (Million)

Item	Q4 2015 (e)	Q4 2015 (a)	Change‬
Average	189.51	146.08	(22.9 %)

Estimates vs Actual (Million)

Item	Q4 2015 (e)	Q4 2015 (a)	Change
Alistithmar Capital	140.50	146.08	4.0 %
SNB Capital	167.00	146.08	(12.5) %
AlJazira Capital	181.20	146.08	(19.4) %
Riyad Capital	190.00	146.08	(23.1) %
SFC	195.00	146.08	(25.1) %
KASB Capital	210.80	146.08	(30.7) %
OSOOL AND BAKHEET	242.10	146.08	(39.7) %

Financial Ratios

	Current
Market Cap (M Riyal)	10,439.00
Enterprise Value (EV) (M)	17,422.06
Shares Outstanding ((M))	260.00
EPS ( Riyal) (TTM)	0.27
Book Value (BV) ( Riyal)	12.39
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	More than 100
P/E (TTM)	More than 100
Price/book	3.24
Return on Average Assets (%) (TTM)	0.7
Return on Average Equity (%) (TTM)	2.2

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Sign In

Search Result

Advanced Petrochemical’s net profit dips 5% to SAR 713 mln in 2015

View other reports

Share Price

Advanced Petrochemical Co. (ADVANCED)

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Sign In

×

Forgot password?

Advanced Petrochemical’s net profit dips 5% to SAR 713 mln in 2015

View other reports

Share Price

Advanced Petrochemical Co. (ADVANCED)

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}