Saudi Aramco posts net profit of SAR 395.2 bln in 2021; Q4 at SAR 116.6 bln

20/03/2022 Argaam Exclusive

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Saudi Arabian Oil Co. (Saudi Aramco) reported  a net profit attributable to shareholders of SAR 395.2 billion in 2021, compared to SAR 184.9 billion a year earlier. 



Financials (M)

Item 2020 2021 Change‬
Revenues 862,091.00 1,501,758.00 74.2 %
Gross Income 509,368.00 920,808.00 80.8 %
Operating Income 383,360.00 771,918.00 101.4 %
Net Income 184,926.00 395,203.00 113.7 %
Average Shares 242,000.00 242,000.00 -
Earnings Per Share before unusual items (Riyals) 0.76 1.63 113.7 %
EPS (Riyals) 0.76 1.63 113.7 %

The profit growth was spurred by a rise in crude oil prices, the consolidation of SABIC’s full-year results, and improved margins from refining and chemicals.

 

In Q4 2021, the oil major reported a net profit of SAR 116.6 billion, compared to SAR 51.75 billion a year earlier.   

 

When compared to the previous quarter, Q4 net profit jumped 6.9% from SAR 109 billion.  



Current Quarter Comparison (M)

Compared With The
Item Q4 2020 Q4 2021 Change‬
Revenues 243,798.00 446,269.00 83.0 %
Gross Income 147,432.00 271,963.00 84.5 %
Operating Income 104,490.00 228,110.00 118.3 %
Net Income 51,746.00 116,639.00 125.4 %
Average Shares 242,000.00 242,000.00 -
Earnings Per Share before unusual items (Riyals) 0.21 0.48 125.4 %
EPS (Riyals) 0.21 0.48 125.4 %

Shareholders’ equity, after minority interest, increased by 12.3% to SAR 1.113 trillion as of Dec. 31, 2021, compared to SAR 990.85 billion a year earlier.

 

Saudi Aramco’s consolidated statement of income does not include gross profit, due to the company’s business in prospecting, exploring, drilling and extracting hydrocarbon substances (upstream).

 

Other income related to sales stood at SAR 154.83 billion in 2021. Accordingly, revenue and other income related to sales amounted to SAR 1.501 trillion.

View more financial results

 

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Share Price

Saudi Arabian Oil Co.
26.00
0.65 2.56 %

Saudi Arabian Oil Co. (SAUDI ARAMCO)

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Financial Ratios
Current
Market Cap (M Riyal) 6,292,000.00
Enterprise Value (EV) (M) 6,512,105.00
Shares Outstanding ((M)) 242,000.00
EPS ( Riyal) (TTM) 1.63
Book Value (BV) ( Riyal) 6.03
Par Value -
Adjusted P/E (Last12) 15.96
P/E (TTM) 15.97
Price/book 4.31
Return on Average Assets (%) (TTM) 16.1
Return on Average Equity (%) (TTM) 26.3
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Comments 3

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5
800

دروب السهر

منذ 8 شهر

اذا حبيتوا تجملون الشركه قلتوا حققت ارباحا قدرها حتى لو كان هبوط كبير في الارباح والعكس صحيح بعض الشركات تقولون انخفاض ارباح الشركه الفلانيه رغم ان الانخفاض طبيعي وقليل !!! 

 

 

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1
239

حسون

منذ 8 شهر

المفروض الطرح يكون بعد هذا الاعلان  لاعطاء التقييم الحقيقي للشركة وللسهم .. انخفاض كبير بالارباح وهذا  سبب نزول السهم من اليوم الاول للطرح .

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2
74

محمد سليمان النادر

منذ 8 شهر

انخفاض بالارباح شديد  بنسبة -76%

 نتائج مالية  سيئة 

هل ممكن نشوف السهم يتداول تحت  ال20 ريال

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