National Learning posts 5% profit rise in H1 2018-19

09/04/2019 Argaam Exclusive
0

National Company for Learning and Education’s (NCLE) net profit after zakat and tax rose 5.4 percent year-on-year (YoY) to SAR 23.6 million for the first half ended Feb. 28, 2019.

 

The profit rise was attributed to improved profit margins and other income, along with a decline in the cost of sales and zakat expenses. 



Financials (M)

Item 6m 2018 6m 2019 Change‬
Revenues 109.47 104.75 (4.3 %)
Gross Income 39.34 42.45 7.9 %
Operating Income 25.76 24.93 (3.2 %)
Net Income 22.43 23.64 5.4 %
Average Shares 30.00 43.00 43.3 %
Earnings Per Share before unusual items (Riyals) 0.75 0.55 (26.4 %)
EPS (Riyals) 0.75 0.55 (26.4 %)

The second-quarter net profit after zakat and tax grew by 6.6 percent YoY to SAR 12.2 million, driven by higher profit margins and other income.

 

When compared to the previous quarter, NCLE’s net profit increased 6 percent. 



Current Quarter Comparison (M)

Compared With The
Item Q2 2018 Q2 2019 Change‬
Revenues 54.00 52.22 (3.3 %)
Gross Income 18.98 21.37 12.6 %
Operating Income 12.85 12.07 (6.1 %)
Net Income 11.42 12.17 6.6 %
Average Shares 30.00 43.00 43.3 %
Earnings Per Share before unusual items (Riyals) 0.38 0.28 (25.6 %)
EPS (Riyals) 0.38 0.28 (25.6 %)

View other reports

Share Price

National Company for Learning and Education (NCLE)


Current
Market Cap (M Riyal) 7,138.00
Enterprise Value (EV) (M) 7,039.04
Shares Outstanding ((M)) 43.00
EPS ( Riyal) (TTM) 3.83
Book Value (BV) ( Riyal) 19.35
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 43.29
P/E (TTM) 43.29
Price/book 8.58
Return on Average Assets (%) (TTM) 11.8
Return on Average Equity (%) (TTM) 21.0


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items Earnings Per Share before unusual items
Q1 2010 - - - - - -
Q2 2010 - - - - - -
Q3 2010 - - - - - -
Q4 2010 - - - - - -
Q1 2011 - - - - - -
Q2 2011 - - - - - -
Q3 2011 - - - - - -
Q4 2011 - - - - - -
Q1 2012 - - - - - -
Q2 2012 - - - - - -
Q3 2012 - - - - - -
Q4 2012 - - - - - -
Q1 2013 - - - - - -
Q2 2013 - - - - - -
Q3 2013 - - - - - -
Q4 2013 - - - - - -
Q1 2014 - - - - - -
Q2 2014 - - - - - -
Q3 2014 - - - - - -
Q4 2014 - - - - - -
Q1 2015 - - - - - -
Q2 2015 - - - - - -
Q3 2015 - - - - - -
Q4 2015 - - - - - -
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 15.06 - 0.50 - 15.06 0.50
Q2 2017 15.82 - 0.53 - 15.82 0.53
Q3 2017 13.27 - 0.44 - 13.27 0.44
Q4 2017 23.74 - 0.79 - 23.74 0.79
Q1 2018 11.01 (26.9 %) 0.37 - 11.01 0.37
Q2 2018 11.42 (27.9 %) 0.38 - 11.42 0.38
Q3 2018 12.86 (3.1 %) 0.43 - 12.86 0.43
Q4 2018 13.59 (42.7 %) 0.45 - 13.59 0.45
2018 48.87 (28.0 %) 1.63 - 48.87 1.63
Q1 2019 11.48 4.2 % 0.27 - 11.48 0.27
Q2 2019 12.17 6.6 % 0.28 - 12.17 0.28



Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2010 - - - - - -
Q2 2010 - - - - - -
Q3 2010 - - - - - -
Q4 2010 - - - - - -
Q1 2011 - - - - - -
Q2 2011 - - - - - -
Q3 2011 - - - - - -
Q4 2011 - - - - - -
Q1 2012 - - - - - -
Q2 2012 - - - - - -
Q3 2012 - - - - - -
Q4 2012 - - - - - -
Q1 2013 - - - - - -
Q2 2013 - - - - - -
Q3 2013 - - - - - -
Q4 2013 - - - - - -
Q1 2014 - - - - - -
Q2 2014 - - - - - -
Q3 2014 - - - - - -
Q4 2014 - - - - - -
Q1 2015 - - - - - -
Q2 2015 - - - - - -
Q3 2015 - - - - - -
Q4 2015 - - - - - -
Q1 2016 - - - - - -
Q2 2016 - - - - - -
Q3 2016 - - - - - -
Q4 2016 - - - - - -
Q1 2017 59.74 - 23.32 - 16.56 -
Q2 2017 60.43 - 22.14 - 17.17 -
Q3 2017 58.07 - 22.32 - 14.73 -
Q4 2017 58.48 - 33.38 - 26.07 -
Q1 2018 55.47 (7.2 %) 20.36 (12.7 %) 12.91 (22.0 %)
Q2 2018 54.00 (10.6 %) 18.98 (14.3 %) 12.85 (25.2 %)
Q3 2018 56.41 (2.9 %) 22.05 (1.2 %) 14.46 (1.8 %)
Q4 2018 54.08 (7.5 %) 20.95 (37.2 %) 14.49 (44.4 %)
2018 219.96 (7.1 %) 82.34 (18.6 %) 54.71 (26.6 %)
Q1 2019 52.53 (5.3 %) 21.08 3.5 % 12.86 (0.4 %)
Q2 2019 52.22 (3.3 %) 21.37 12.6 % 12.07 (6.1 %)

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2010 - - -
Q2 2010 - - -
Q3 2010 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 42.73 % 34.24 % 28.68 %
Q1 2018 42.25 % 33.42 % 27.47 %
Q2 2018 42.05 % 33.99 % 26.30 %
Q3 2018 42.24 % 35.66 % 26.31 %
Q4 2018 37.43 % 31.21 % 22.22 %
Q1 2019 38.27 % 31.36 % 22.73 %
Q2 2019 39.70 % 31.02 % 23.27 %



Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Earnings Per Share before unusual items (Riyal) Book Value (BV)
Q1 2010 - - - -
Q2 2010 - - - -
Q3 2010 - - - -
Q4 2010 - - - -
Q1 2011 - - - -
Q2 2011 - - - -
Q3 2011 - - - -
Q4 2011 - - - -
Q1 2012 - - - -
Q2 2012 - - - -
Q3 2012 - - - -
Q4 2012 - - - -
Q1 2013 - - - -
Q2 2013 - - - -
Q3 2013 - - - -
Q4 2013 - - - -
Q1 2014 - - - -
Q2 2014 - - - -
Q3 2014 - - - -
Q4 2014 - - - -
Q1 2015 - - - -
Q2 2015 - - - -
Q3 2015 - - - -
Q4 2015 - - - -
Q1 2016 - - - -
Q2 2016 - - - -
Q3 2016 - - - -
Q4 2016 - - - -
Q1 2017 30.00 - - 10.20
Q2 2017 30.00 - - -
Q3 2017 30.00 - - 10.58
Q4 2017 30.00 2.26 2.26 11.30
Q1 2018 30.00 2.13 2.13 11.63
Q2 2018 30.00 1.98 1.98 11.22
Q3 2018 30.00 1.97 1.97 11.65
Q4 2018 30.00 1.63 1.63 11.42
Q1 2019 43.00 1.15 1.15 13.51
Q2 2019 43.00 1.16 1.16 13.44

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2010 - - -
Q2 2010 - - -
Q3 2010 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 - - -
Q1 2015 - - -
Q2 2015 - - -
Q3 2015 - - -
Q4 2015 - - -
Q1 2016 - - -
Q2 2016 - - -
Q3 2016 - - -
Q4 2016 - - -
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 19.90 19.90 2.84
Q1 2019 19.92 19.92 1.69
Q2 2019 19.31 19.31 1.67

Business Segments (Million)

Compared With The
Period EL Rayan School EL Rowaby School Al Nozaha school Qortoba School
Q1 2017 19.87 19.13 14.95 -
Q4 2017 20.23 19.48 14.97 -
Q1 2018 18.99 17.68 14.15 0.33
Q2 2018 17.64 18.36 14.22 0.31
Q3 2018 17.24 20.04 14.15 0.43
Q4 2018 18.60 17.98 13.67 0.48
Q1 2019 18.62 17.86 15.27 0.78
Q2 2019 16.37 19.95 14.89 1.01

Comments 0

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.
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website