Financial Results : Al-Samaani posts SAR 6 mln profit in FY17

Al-Samaani posts SAR 6 mln profit in FY17

14/03/2018 Argaam Exclusive

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Nomu-listed Al-Samaani Factory for Metal Industries Co. reported a net profit of SAR 5.5 million for the fiscal year 2017. Net sales stood at SAR 46.2 million for the same period.

 

No comparative figures were available, as 2017 is the company’s first fiscal year, which started from its conversion date on Nov. 8, 2016 to Dec. 31, 2017.



Financials (M)

Item 2016 2017 Change‬
Revenues 38.42 46.19 20.2 %
Gross Income 14.58 17.28 18.5 %
Operating Income 7.20 6.31 (12.4 %)
Net Income 7.10 5.68 (19.9 %)
Average Shares 123.17 153.96 25.0 %
EPS (Riyals) 0.06 0.04 (36.0 %)


Current Half Annual Comparison (M)

Compared With The
Item H2 2016 H2 2017 Change‬


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
H1 2008 - - - - - -
H2 2008 - - - - - -
H1 2009 - - - - - -
H2 2009 - - - - - -
H1 2010 - - - - - -
H2 2010 - - - - - -
H1 2011 - - - - - -
H2 2011 - - - - - -
H1 2012 - - - - - -
H2 2012 - - - - - -
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 9.04 - 3.16 - 1.11 -
H2 2017 11.76 - 4.36 - 0.87 -
2017 46.19 20.2 % 17.28 18.5 % 6.31 (12.4 %)


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
H1 2008 - - - - - -
H2 2008 - - - - - -
H1 2009 - - - - - -
H2 2009 - - - - - -
H1 2010 - - - - - -
H2 2010 - - - - - -
H1 2011 - - - - - -
H2 2011 - - - - - -
H1 2012 - - - - - -
H2 2012 - - - - - -
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 1.08 - 0.01 - 1.08 0.01
H2 2017 0.89 - 0.01 - 0.89 0.01
2017 5.68 (19.9 %) 0.04 - 5.68 0.04

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
H1 2008 - - -
H2 2008 - - -
H1 2009 - - -
H2 2009 - - -
H1 2010 - - -
H2 2010 - - -
H1 2011 - - -
H2 2011 - - -
H1 2012 - - -
H2 2012 - - -
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
H1 2015 - - -
H2 2015 - - -
H1 2016 - - -
H2 2016 - - -
H1 2017 - - -
H2 2017 37.41 % 16.36 % 12.30 %
2017 37.41 % 16.37 % 12.30 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
H1 2008 - - - -
H2 2008 - - - -
H1 2009 - - - -
H2 2009 - - - -
H1 2010 - - - -
H2 2010 - - - -
H1 2011 - - - -
H2 2011 - - - -
H1 2012 - - - -
H2 2012 - - - -
H1 2013 - - - -
H2 2013 - - - -
H1 2014 - - - -
H2 2014 - - - -
H1 2015 - - - -
H2 2015 - - - -
H1 2016 - - - -
H2 2016 - - - -
H1 2017 153.96 - - 0.24
H2 2017 153.96 0.04 0.04 0.25

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
H1 2008 - - -
H2 2008 - - -
H1 2009 - - -
H2 2009 - - -
H1 2010 - - -
H2 2010 - - -
H1 2011 - - -
H2 2011 - - -
H1 2012 - - -
H2 2012 - - -
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
H1 2015 - - -
H2 2015 - - -
H1 2016 - - -
H2 2016 - - -
H1 2017 - - 4.24
H2 2017 24.63 24.63 3.61

Business Segments (Million)

Compared With The
Period Steel Wood Others Metal products and metal shelves Wooden Pallets Plastic Pallets Forklifts
Q2 2017 6.87 1.89 0.28 - - - -

Current
Market Cap (M Riyal) 581.00
Enterprise Value (EV) (M) 541.19
Shares Outstanding ((M)) 175.00
Book Value (BV) ( Riyal) 0.98
Par Value ( Riyal) 1.00
Adjusted P/E (Last12) Neg
Price/book 3.38

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