Allujain’s 2014 net profit up 52% to SAR 167.4 mln

20/01/2015 Argaam Exclusive

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Allujain Corporation, a producer of polypropylene, reported 2014’s net profit of SAR 167.4 million, a 52% increase compared to the last year.

A net profit of SAR 65.2 million was reported for Q4-2014 compared to SAR 34.9 million for Q3.

Financials (M)

Item	2013	2014	Change‬
Revenues	1,876.20	2,132.70	13.7 %
Gross Income	343.85	434.16	26.3 %
Operating Income	259.69	355.99	37.1 %
Net Income	109.82	167.38	52.4 %
Average Shares	69.20	69.20	-
EPS (Riyals)	1.59	2.42	52.4 %

The company attributed the increase of 2014’s net profit, compared to the same period last year, to higher sales quantities and better selling prices and slightly lower feedstock prices. The finance charges, selling & distribution expenses and General & Administrative expenses also declined during 2014 as compared to 2013. The subsidiary (NATPET) reported SAR 10 million against its share of losses from its joint venture (Bonar Natpet) for the year 2014.

The company attributed the increase of Q4-2014’s net profit, compared to the same period last year, to lower feedstock prices, although the sales was slightly lower.

The increase of Q4-2014’s net profit compared to the previous period (Q3-2014) was attributed to lower feedstock prices, the sales is also slightly higher.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2013	Q4 2014	Change‬
Revenues	586.85	572.98	(2.4 %)
Gross Income	111.46	163.48	46.7 %
Operating Income	85.19	142.19	66.9 %
Net Income	33.82	65.19	92.8 %
Average Shares	69.20	69.20	-
EPS (Riyals)	0.49	0.94	92.8 %

Item	Q3 2014	Q4 2014	Change‬
Revenues	547.50	572.98	4.7 %
Gross Income	114.55	163.48	42.7 %
Operating Income	95.20	142.19	49.4 %
Net Income	34.85	65.19	87.0 %
Average Shares	69.20	69.20	-
EPS (Riyals)	0.50	0.94	87.0 %

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2005	-	-	-	-	(2.01)	(235.6 %)
Q2 2005	-	-	-	-	(1.47)	(65.3 %)
Q3 2005	-	-	-	-	(2.01)	(152.6 %)
Q4 2005	-	-	-	-	(2.63)	(167.8 %)
2005	-	-	-	-	(3.91)	(20.0 %)
Q1 2006	-	-	-	-	(0.94)	53.3 %
Q2 2006	-	-	-	-	(2.18)	(49.1 %)
Q3 2006	-	-	-	-	(1.64)	18.6 %
Q4 2006	-	-	-	-	(2.26)	14.0 %
2006	-	-	-	-	(7.02)	(79.4 %)
Q1 2007	-	-	-	-	(2.51)	(167.5 %)
Q2 2007	-	-	-	-	(2.63)	(20.6 %)
Q3 2007	-	-	-	-	(32.10)	(1,862.0 %)
Q4 2007	-	-	-	-	(22.16)	(879.2 %)
2007	-	-	-	-	(59.40)	(746.0 %)
Q1 2008	-	-	-	-	(15.99)	(537.2 %)
Q2 2008	-	-	-	-	(15.80)	(500.2 %)
Q3 2008	-	-	-	-	(12.14)	62.2 %
Q4 2008	-	-	-	-	(17.94)	19.1 %
2008	-	-	-	-	(61.86)	(4.1 %)
Q1 2009	-	-	-	-	(17.40)	(8.8 %)
Q2 2009	-	-	-	-	(18.00)	(13.9 %)
Q3 2009	-	-	-	-	(15.15)	(24.8 %)
Q4 2009	-	-	-	-	(17.24)	3.9 %
2009	-	-	-	-	(67.78)	(9.6 %)
Q1 2010	-	-	-	-	(11.72)	32.6 %
Q2 2010	-	-	-	-	(21.92)	(21.8 %)
Q3 2010	313.42	-	64.14	-	43.94	390.0 %
Q4 2010	538.71	-	114.88	-	95.15	652.0 %
2010	852.13	-	179.02	-	105.45	255.6 %
Q1 2011	375.03	-	57.22	-	40.32	443.9 %
Q2 2011	304.45	-	15.06	-	(2.37)	89.2 %
Q3 2011	477.44	52.3 %	84.34	31.5 %	67.36	53.3 %
Q4 2011	314.95	(41.5 %)	2.20	(98.1 %)	(10.78)	(111.3 %)
2011	1,471.87	72.7 %	158.81	(11.3 %)	94.52	(10.4 %)
Q1 2012	561.81	49.8 %	63.15	10.4 %	44.99	11.6 %
Q2 2012	490.50	61.1 %	78.12	418.9 %	58.77	2576.4 %
Q3 2012	522.58	9.5 %	64.47	(23.6 %)	46.38	(31.1 %)
Q4 2012	537.05	70.5 %	86.67	3846.9 %	64.88	701.8 %
2012	2,111.94	43.5 %	292.42	84.1 %	215.01	127.5 %
Q1 2013	271.41	(51.7 %)	19.34	(69.4 %)	0.14	(99.7 %)
Q2 2013	521.09	6.2 %	102.07	30.7 %	83.61	42.3 %
Q3 2013	496.85	(4.9 %)	110.98	72.1 %	90.76	95.7 %
Q4 2013	586.85	9.3 %	111.46	28.6 %	85.19	31.3 %
2013	1,876.20	(11.2 %)	343.85	17.6 %	259.69	20.8 %
Q1 2014	452.75	66.8 %	68.61	254.8 %	50.78	36432.4 %
Q2 2014	559.46	7.4 %	87.52	(14.3 %)	67.82	(18.9 %)
Q3 2014	547.50	10.2 %	114.55	3.2 %	95.20	4.9 %
Q4 2014	572.98	(2.4 %)	163.48	46.7 %	142.19	66.9 %
2014	2,132.70	13.7 %	434.16	26.3 %	355.99	37.1 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2005	-	-	-	-	(3.91)	(20.0 %)
2006	-	-	-	-	(7.02)	(79.4 %)
2007	-	-	-	-	(59.40)	(746.0 %)
2008	-	-	-	-	(61.86)	(4.1 %)
2009	-	-	-	-	(67.78)	(9.6 %)
2010	852.13	-	179.02	-	105.45	255.6 %
2011	1,471.87	72.7 %	158.81	(11.3 %)	94.52	(10.4 %)
2012	2,111.94	43.5 %	292.42	84.1 %	215.01	127.5 %
2013	1,876.20	(11.2 %)	343.85	17.6 %	259.69	20.8 %
2014	2,132.70	13.7 %	434.16	26.3 %	355.99	37.1 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2005	1.05	129.2 %	0.02	-	1.05	0.02
Q2 2005	2.19	126.7 %	0.03	-	2.19	0.03
Q3 2005	0.51	101.6 %	0.01	-	0.51	0.01
Q4 2005	(0.45)	92.7 %	(0.01)	-	(0.45)	(0.01)
2005	3.30	106.7 %	0.05	-	3.30	0.05
Q1 2006	(0.71)	(167.1 %)	(0.01)	-	(0.71)	(0.01)
Q2 2006	(0.38)	(117.3 %)	(0.01)	-	(0.38)	(0.01)
Q3 2006	(1.23)	(341.4 %)	(0.02)	-	(1.23)	(0.02)
Q4 2006	2.67	692.4 %	0.04	-	2.67	0.04
2006	0.35	(89.4 %)	0.01	-	0.35	0.01
Q1 2007	(2.14)	(204.0 %)	(0.03)	-	(2.14)	(0.03)
Q2 2007	(4.31)	(1,036.7 %)	(0.06)	-	(4.31)	(0.06)
Q3 2007	(13.95)	(1,033.1 %)	(0.20)	-	(13.95)	(0.20)
Q4 2007	(19.05)	(814.4 %)	(0.28)	-	(19.05)	(0.28)
2007	(39.45)	(11338.2 %)	(0.57)	-	(39.45)	(0.57)
Q1 2008	(13.07)	(510.1 %)	(0.19)	-	(13.07)	(0.19)
Q2 2008	(11.64)	(170.2 %)	(0.17)	-	(11.64)	(0.17)
Q3 2008	(10.17)	27.1 %	(0.15)	-	(10.17)	(0.15)
Q4 2008	(30.22)	(58.7 %)	(0.44)	-	(30.22)	(0.44)
2008	(65.10)	(65.0 %)	(0.94)	-	(65.10)	(0.94)
Q1 2009	(10.83)	17.2 %	(0.16)	-	(10.83)	(0.16)
Q2 2009	(9.04)	22.4 %	(0.13)	-	(9.04)	(0.13)
Q3 2009	(9.94)	2.3 %	(0.14)	-	(9.94)	(0.14)
Q4 2009	2.53	108.4 %	0.04	-	2.53	0.04
2009	(27.28)	58.1 %	(0.39)	-	(27.28)	(0.39)
Q1 2010	(6.67)	38.4 %	(0.10)	-	(6.67)	(0.10)
Q2 2010	(7.28)	19.5 %	(0.11)	11.30	(18.58)	(0.27)
Q3 2010	16.44	265.5 %	0.24	-	16.44	0.24
Q4 2010	39.69	1471.8 %	0.57	-	39.69	0.57
2010	42.18	254.6 %	0.61	11.30	30.88	0.45
Q1 2011	11.39	270.8 %	0.16	-	11.39	0.16
Q2 2011	(19.33)	(165.6 %)	(0.28)	-	(19.33)	(0.28)
Q3 2011	22.80	38.7 %	0.33	-	22.80	0.33
Q4 2011	(24.82)	(162.5 %)	(0.36)	-	(24.82)	(0.36)
2011	(9.95)	(123.6 %)	(0.14)	-	(9.95)	(0.14)
Q1 2012	9.60	(15.8 %)	0.14	-	9.60	0.14
Q2 2012	14.36	174.3 %	0.21	-	14.36	0.21
Q3 2012	10.61	(53.5 %)	0.15	-	10.61	0.15
Q4 2012	17.12	169.0 %	0.25	-	17.12	0.25
2012	51.68	619.3 %	0.75	-	51.68	0.75
Q1 2013	(15.89)	(265.6 %)	(0.23)	-	(15.89)	(0.23)
Q2 2013	34.94	143.3 %	0.50	-	34.94	0.50
Q3 2013	56.96	437.1 %	0.82	17.73	39.23	0.57
Q4 2013	33.82	97.5 %	0.49	-	33.82	0.49
2013	109.82	112.5 %	1.59	17.73	92.09	1.33
Q1 2014	14.77	193.0 %	0.21	-	14.77	0.21
Q2 2014	52.57	50.5 %	0.76	29.32	23.25	0.34
Q3 2014	34.85	(38.8 %)	0.50	-	34.85	0.50
Q4 2014	65.19	92.8 %	0.94	-	65.19	0.94
2014	167.38	52.4 %	2.42	29.32	138.06	2.00

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2005	3.30	106.7 %	0.05	-	3.30	0.05
2006	0.35	(89.4 %)	0.01	-	0.35	0.01
2007	(39.45)	(11338.2 %)	(0.57)	-	(39.45)	(0.57)
2008	(65.10)	(65.0 %)	(0.94)	-	(65.10)	(0.94)
2009	(27.28)	58.1 %	(0.39)	-	(27.28)	(0.39)
2010	42.18	254.6 %	0.61	11.30	30.88	0.45
2011	(9.95)	(123.6 %)	(0.14)	-	(9.95)	(0.14)
2012	51.68	619.3 %	0.75	-	51.68	0.75
2013	109.82	112.5 %	1.59	17.73	92.09	1.33
2014	167.38	52.4 %	2.42	29.32	138.06	2.00

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2005	-	-	-
Q2 2005	-	-	-
Q3 2005	-	-	-
Q4 2005	-	-	-
2005	-	-	-
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	-	-	-
2006	-	-	-
Q1 2007	-	-	-
Q2 2007	-	-	-
Q3 2007	-	-	-
Q4 2007	-	-	-
2007	-	-	-
Q1 2008	-	-	-
Q2 2008	-	-	-
Q3 2008	-	-	-
Q4 2008	-	-	-
2008	-	-	-
Q1 2009	-	-	-
Q2 2009	-	-	-
Q3 2009	-	-	-
Q4 2009	-	-	-
2009	-	-	-
Q1 2010	-	-	-
Q2 2010	-	-	-
Q3 2010	20.46 %	6.33 %	(2.00 %)
Q4 2010	21.01 %	19.94 %	3.62 %
2010	21.01 %	19.94 %	3.62 %
Q1 2011	19.25 %	21.11 %	3.99 %
Q2 2011	16.41 %	20.65 %	3.15 %
Q3 2011	16.01 %	20.87 %	3.22 %
Q4 2011	10.79 %	16.82 %	(0.68 %)
2011	10.79 %	16.82 %	(0.68 %)
Q1 2012	9.93 %	15.21 %	(0.71 %)
Q2 2012	12.35 %	16.96 %	1.19 %
Q3 2012	11.00 %	15.44 %	0.52 %
Q4 2012	13.85 %	19.00 %	2.45 %
2012	13.85 %	19.00 %	2.45 %
Q1 2013	13.65 %	20.08 %	1.44 %
Q2 2013	14.72 %	21.57 %	2.53 %
Q3 2013	17.47 %	24.82 %	4.13 %
Q4 2013	18.33 %	24.00 %	4.91 %
2013	18.33 %	24.00 %	4.91 %
Q1 2014	19.11 %	24.32 %	5.97 %
Q2 2014	18.06 %	23.20 %	5.30 %
Q3 2014	17.80 %	22.74 %	4.97 %
Q4 2014	20.36 %	25.29 %	6.47 %
2014	20.36 %	25.29 %	6.47 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2005	-	-	-
2006	-	-	-
2007	-	-	-
2008	-	-	-
2009	-	-	-
2010	21.01 %	19.94 %	3.62 %
2011	10.79 %	16.82 %	(0.68 %)
2012	13.85 %	19.00 %	2.45 %
2013	18.33 %	24.00 %	4.91 %
2014	20.36 %	25.29 %	6.47 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2005	-	-	-
Q2 2005	-	-	-
Q3 2005	-	-	-
Q4 2005	-	-	-
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	-	-	-
Q1 2007	-	-	-
Q2 2007	-	-	-
Q3 2007	-	-	-
Q4 2007	-	-	-
Q1 2008	-	-	-
Q2 2008	-	-	-
Q3 2008	-	-	-
Q4 2008	-	-	-
Q1 2009	-	-	-
Q2 2009	-	-	-
Q3 2009	-	-	-
Q4 2009	-	-	-
Q1 2010	-	-	-
Q2 2010	-	-	-
Q3 2010	20.46 %	21.69 %	5.25 %
Q4 2010	21.33 %	24.82 %	7.37 %
Q1 2011	15.26 %	20.88 %	3.04 %
Q2 2011	4.95 %	11.91 %	(6.35 %)
Q3 2011	17.67 %	22.11 %	4.78 %
Q4 2011	0.70 %	8.69 %	(7.88 %)
Q1 2012	11.24 %	14.78 %	1.71 %
Q2 2012	15.93 %	19.76 %	2.93 %
Q3 2012	12.34 %	16.15 %	2.03 %
Q4 2012	16.14 %	25.50 %	3.19 %
Q1 2013	7.13 %	17.51 %	(5.86 %)
Q2 2013	19.59 %	25.07 %	6.70 %
Q3 2013	22.34 %	27.81 %	7.90 %
Q4 2013	18.99 %	22.81 %	5.76 %
Q1 2014	15.15 %	21.60 %	3.26 %
Q2 2014	15.64 %	20.82 %	4.16 %
Q3 2014	20.92 %	25.58 %	6.37 %
Q4 2014	28.53 %	32.29 %	11.38 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2005	69.20	(0.64)	(0.64)	10.01
Q2 2005	69.20	(0.49)	(0.49)	10.06
Q3 2005	69.20	(0.03)	(0.03)	10.04
Q4 2005	69.20	0.05	0.05	9.98
Q1 2006	69.20	0.02	0.02	9.98
Q2 2006	69.20	(0.01)	(0.01)	9.96
Q3 2006	69.20	(0.04)	(0.04)	9.97
Q4 2006	69.20	0.01	0.01	10.15
Q1 2007	69.20	(0.02)	(0.02)	10.17
Q2 2007	69.20	(0.07)	(0.07)	10.17
Q3 2007	69.20	(0.26)	(0.26)	9.99
Q4 2007	69.20	(0.57)	(0.57)	9.40
Q1 2008	69.20	(0.73)	(0.73)	8.89
Q2 2008	69.20	(0.83)	(0.83)	9.05
Q3 2008	69.20	(0.78)	(0.78)	8.61
Q4 2008	69.20	(0.94)	(0.94)	7.45
Q1 2009	69.20	(0.91)	(0.91)	7.40
Q2 2009	69.20	(0.87)	(0.87)	7.67
Q3 2009	69.20	(0.87)	(0.87)	7.47
Q4 2009	69.20	(0.39)	(0.39)	7.49
Q1 2010	69.20	(0.33)	(0.33)	7.32
Q2 2010	69.20	(0.31)	(0.47)	7.17
Q3 2010	69.20	0.07	(0.09)	7.25
Q4 2010	69.20	0.61	0.45	8.01
Q1 2011	69.20	0.87	0.71	8.30
Q2 2011	69.20	0.70	0.70	8.02
Q3 2011	69.20	0.79	0.79	8.27
Q4 2011	69.20	(0.14)	(0.14)	8.05
Q1 2012	69.20	(0.17)	(0.17)	8.19
Q2 2012	69.20	0.32	0.32	8.47
Q3 2012	69.20	0.14	0.14	8.62
Q4 2012	69.20	0.75	0.75	8.98
Q1 2013	69.20	0.38	0.38	8.78
Q2 2013	69.20	0.68	0.68	9.39
Q3 2013	69.20	1.35	1.09	10.23
Q4 2013	69.20	1.59	1.33	10.81
Q1 2014	69.20	2.03	1.77	10.99
Q2 2014	69.20	2.28	1.61	11.78
Q3 2014	69.20	1.97	1.54	12.32
Q4 2014	69.20	2.42	2.00	13.26

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2005	69.20	0.05	0.05	9.98
2006	69.20	0.01	0.01	10.15
2007	69.20	(0.57)	(0.57)	9.40
2008	69.20	(0.94)	(0.94)	7.45
2009	69.20	(0.39)	(0.39)	7.49
2010	69.20	0.61	0.45	8.01
2011	69.20	(0.14)	(0.14)	8.05
2012	69.20	0.75	0.75	8.98
2013	69.20	1.59	1.33	10.81
2014	69.20	2.42	2.00	13.26

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2005	NEG	NEG	2.70
Q2 2005	NEG	NEG	4.85
Q3 2005	NEG	NEG	7.68
Q4 2005	More than 100	More than 100	8.36
Q1 2006	More than 100	More than 100	5.21
Q2 2006	NEG	NEG	4.29
Q3 2006	NEG	NEG	5.29
Q4 2006	More than 100	More than 100	2.12
Q1 2007	NEG	NEG	2.02
Q2 2007	NEG	NEG	1.97
Q3 2007	NEG	NEG	3.35
Q4 2007	NEG	NEG	5.05
Q1 2008	NEG	NEG	5.57
Q2 2008	NEG	NEG	5.06
Q3 2008	NEG	NEG	3.46
Q4 2008	NEG	NEG	1.45
Q1 2009	NEG	NEG	1.51
Q2 2009	NEG	NEG	2.63
Q3 2009	NEG	NEG	2.64
Q4 2009	NEG	NEG	2.29
Q1 2010	NEG	NEG	2.39
Q2 2010	NEG	NEG	1.81
Q3 2010	More than 100	NEG	2.24
Q4 2010	36.58	49.97	2.78
Q1 2011	24.41	30.05	2.56
Q2 2011	30.37	30.37	2.64
Q3 2011	23.72	23.72	2.26
Q4 2011	NEG	NEG	2.17
Q1 2012	NEG	NEG	2.74
Q2 2012	45.89	45.89	1.72
Q3 2012	More than 100	More than 100	1.98
Q4 2012	18.48	18.48	1.54
Q1 2013	38.44	38.44	1.66
Q2 2013	21.82	21.82	1.57
Q3 2013	13.60	16.80	1.79
Q4 2013	15.88	18.94	2.33
Q1 2014	12.76	14.60	2.36
Q2 2014	10.38	14.78	2.01
Q3 2014	14.00	17.85	2.23
Q4 2014	6.70	8.12	1.22

Period	P/E	Adjusted P/E	Price/book
2005	More than 100	More than 100	8.36
2006	More than 100	More than 100	2.12
2007	NEG	NEG	5.05
2008	NEG	NEG	1.45
2009	NEG	NEG	2.29
2010	36.58	49.97	2.78
2011	NEG	NEG	2.17
2012	18.48	18.48	1.54
2013	15.88	18.94	2.33
2014	6.70	8.12	1.22

Financial Ratios

	Current
Market Cap (M Riyal)	2,556.94
Enterprise Value (EV) (M)	2,896.03
Shares Outstanding ((M))	69.20
EPS ( Riyal) (TTM)	(0.01)
Book Value (BV) ( Riyal)	52.14
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	0.71
Return on Average Assets (%) (TTM)	(0.01 )
Return on Average Equity (%) (TTM)	(0.02 )

Alujain Corp. (ALUJAIN)

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Allujain’s 2014 net profit up 52% to SAR 167.4 mln

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Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Financial Ratios

Share Price

Alujain Corp. (ALUJAIN)

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Allujain’s 2014 net profit up 52% to SAR 167.4 mln

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Financial Ratios

Share Price

Alujain Corp. (ALUJAIN)

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

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