Glass posts higher net profit at SAR 28.9m in I2 of 2014

30/06/2014 Argaam Exclusive

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The National Co. for Glass Industries (Zoujaj), a manufacturer of glass bottles and float glass, reported SAR 28.9m net profit at the end of the first half of 2014, a 33% increase compared to the same period last year, as shown in the following table

Financials (M)

Item	6m 2013	6m 2014	Change‬
Revenues	53.16	51.12	(3.8 %)
Gross Income	20.15	17.02	(15.5 %)
Operating Income	13.58	10.79	(20.6 %)
Net Income	21.70	28.92	33.2 %
Average Shares	30.00	30.00	-
EPS (Riyals)	0.72	0.96	33.2 %

Current Quarter Comparison (M)

Compared With The

Item	Q2 2013	Q2 2014	Change‬
Revenues	28.96	21.24	(26.7 %)
Gross Income	11.56	6.39	(44.8 %)
Operating Income	8.35	3.10	(62.9 %)
Net Income	13.08	14.09	7.7 %
Average Shares	30.00	30.00	-
EPS (Riyals)	0.44	0.47	7.7 %

Item	Q1 2014	Q2 2014	Change‬
Revenues	29.88	21.24	(28.9 %)
Gross Income	10.63	6.39	(39.9 %)
Operating Income	7.69	3.10	(59.7 %)
Net Income	14.83	14.09	(5.0 %)
Average Shares	30.00	30.00	-
EPS (Riyals)	0.49	0.47	(5.0 %)

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2005	19.47	21.9 %	6.90	66.3 %	4.40	100.1 %
Q2 2005	23.68	13.8 %	8.78	50.4 %	6.43	98.0 %
Q3 2005	23.03	(3.2 %)	8.21	19.9 %	6.07	30.1 %
Q4 2005	21.56	(8.5 %)	7.22	17.4 %	4.62	26.6 %
2005	87.74	4.3 %	31.11	34.1 %	21.53	54.0 %
Q1 2006	21.42	10.0 %	9.76	41.4 %	7.34	66.8 %
Q2 2006	20.15	(14.9 %)	7.35	(16.3 %)	4.89	(23.9 %)
Q3 2006	10.63	(53.8 %)	1.01	(87.7 %)	(0.93)	(115.4 %)
Q4 2006	24.66	14.4 %	9.42	30.4 %	6.85	48.2 %
2006	76.86	(12.4 %)	27.53	(11.5 %)	18.16	(15.7 %)
Q1 2007	25.39	18.5 %	10.26	5.2 %	7.71	4.9 %
Q2 2007	27.76	37.8 %	10.12	37.6 %	7.33	49.8 %
Q3 2007	27.74	160.9 %	10.64	954.1 %	8.17	974.3 %
Q4 2007	25.39	2.9 %	10.50	11.5 %	7.87	14.9 %
2007	106.28	38.3 %	41.52	50.8 %	31.07	71.1 %
Q1 2008	26.65	5.0 %	12.11	18.0 %	9.39	21.9 %
Q2 2008	27.80	0.1 %	10.24	1.2 %	7.31	(0.2 %)
Q3 2008	28.17	1.6 %	10.83	1.8 %	7.68	(5.9 %)
Q4 2008	25.89	2.0 %	9.40	(10.5 %)	6.09	(22.6 %)
2008	108.52	2.1 %	42.58	2.6 %	30.49	(1.9 %)
Q1 2009	36.12	35.5 %	19.03	57.1 %	16.23	72.8 %
Q2 2009	31.76	14.2 %	15.76	53.9 %	13.46	84.0 %
Q3 2009	26.74	(5.1 %)	13.68	26.4 %	11.28	46.8 %
Q4 2009	27.70	7.0 %	12.65	34.5 %	10.48	72.0 %
2009	122.32	12.7 %	61.11	43.5 %	51.45	68.8 %
Q1 2010	30.22	(16.3 %)	13.88	(27.0 %)	11.27	(30.6 %)
Q2 2010	28.29	(10.9 %)	12.22	(22.4 %)	9.85	(26.8 %)
Q3 2010	24.67	(7.7 %)	10.72	(21.7 %)	7.93	(29.7 %)
Q4 2010	27.62	(0.3 %)	13.15	3.9 %	11.06	5.5 %
2010	110.80	(9.4 %)	49.97	(18.2 %)	40.11	(22.0 %)
Q1 2011	31.66	4.7 %	13.19	(5.0 %)	9.89	(12.3 %)
Q2 2011	32.76	15.8 %	12.16	(0.5 %)	9.52	(3.4 %)
Q3 2011	27.17	10.1 %	9.45	(11.9 %)	7.10	(10.5 %)
Q4 2011	26.39	(4.5 %)	8.84	(32.8 %)	6.16	(44.3 %)
2011	117.97	6.5 %	43.63	(12.7 %)	32.65	(18.6 %)
Q1 2012	25.58	(19.2 %)	9.82	(25.5 %)	6.69	(32.3 %)
Q2 2012	30.06	(8.2 %)	12.14	(0.1 %)	9.14	(3.9 %)
Q3 2012	26.47	(2.6 %)	9.84	4.1 %	6.90	(2.8 %)
Q4 2012	30.65	16.1 %	10.04	13.6 %	6.80	10.5 %
2012	112.75	(4.4 %)	41.83	(4.1 %)	29.54	(9.5 %)
Q1 2013	24.21	(5.4 %)	8.59	(12.6 %)	5.23	(21.9 %)
Q2 2013	28.96	(3.7 %)	11.56	(4.8 %)	8.35	(8.7 %)
Q3 2013	24.22	(8.5 %)	8.47	(13.9 %)	5.88	(14.7 %)
Q4 2013	24.64	(19.6 %)	8.57	(14.6 %)	5.30	(22.1 %)
2013	102.02	(9.5 %)	37.19	(11.1 %)	24.76	(16.2 %)
Q1 2014	29.88	23.4 %	10.63	23.8 %	7.69	47.1 %
Q2 2014	21.24	(26.7 %)	6.39	(44.8 %)	3.10	(62.9 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2004	84.14	28.0 %	23.19	61.3 %	13.98	106.9 %
2005	87.74	4.3 %	31.11	34.1 %	21.53	54.0 %
2006	76.86	(12.4 %)	27.53	(11.5 %)	18.16	(15.7 %)
2007	106.28	38.3 %	41.52	50.8 %	31.07	71.1 %
2008	108.52	2.1 %	42.58	2.6 %	30.49	(1.9 %)
2009	122.32	12.7 %	61.11	43.5 %	51.45	68.8 %
2010	110.80	(9.4 %)	49.97	(18.2 %)	40.11	(22.0 %)
2011	117.97	6.5 %	43.63	(12.7 %)	32.65	(18.6 %)
2012	112.75	(4.4 %)	41.83	(4.1 %)	29.54	(9.5 %)
2013	102.02	(9.5 %)	37.19	(11.1 %)	24.76	(16.2 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2005	14.74	44.3 %	0.49	-	14.74	0.49
Q2 2005	40.07	212.0 %	1.34	-	40.07	1.34
Q3 2005	23.38	48.6 %	0.78	-	23.38	0.78
Q4 2005	51.64	201.4 %	1.72	-	51.64	1.72
2005	129.83	132.1 %	4.33	-	129.83	4.33
Q1 2006	48.73	230.6 %	1.62	-	48.73	1.62
Q2 2006	16.13	(59.7 %)	0.54	-	16.13	0.54
Q3 2006	8.88	(62.0 %)	0.30	-	8.88	0.30
Q4 2006	(25.43)	(149.2 %)	(0.85)	-	(25.43)	(0.85)
2006	48.31	(62.8 %)	1.61	-	48.31	1.61
Q1 2007	21.04	(56.8 %)	0.70	-	21.04	0.70
Q2 2007	19.28	19.6 %	0.64	-	19.28	0.64
Q3 2007	21.17	138.4 %	0.71	-	21.17	0.71
Q4 2007	18.89	174.3 %	0.63	-	18.89	0.63
2007	80.38	66.4 %	2.68	-	80.38	2.68
Q1 2008	25.34	20.4 %	0.84	-	25.34	0.84
Q2 2008	19.77	2.5 %	0.66	-	19.77	0.66
Q3 2008	22.07	4.2 %	0.74	-	22.07	0.74
Q4 2008	0.52	(97.2 %)	0.02	-	0.52	0.02
2008	67.70	(15.8 %)	2.26	-	67.70	2.26
Q1 2009	20.61	(18.7 %)	0.69	-	20.61	0.69
Q2 2009	10.35	(47.6 %)	0.35	-	10.35	0.35
Q3 2009	9.95	(54.9 %)	0.33	-	9.95	0.33
Q4 2009	4.60	780.3 %	0.15	-	4.60	0.15
2009	45.53	(32.7 %)	1.52	-	45.53	1.52
Q1 2010	17.43	(15.4 %)	0.58	-	17.43	0.58
Q2 2010	18.96	83.2 %	0.63	-	18.96	0.63
Q3 2010	20.20	102.9 %	0.67	-	20.20	0.67
Q4 2010	14.46	214.1 %	0.48	-	14.46	0.48
2010	71.05	56.1 %	2.37	-	71.05	2.37
Q1 2011	24.96	43.2 %	0.83	-	24.96	0.83
Q2 2011	29.70	56.7 %	0.99	-	29.70	0.99
Q3 2011	21.15	4.7 %	0.70	-	21.15	0.70
Q4 2011	5.32	(63.3 %)	0.18	-	5.32	0.18
2011	81.11	14.2 %	2.70	-	81.11	2.70
Q1 2012	17.71	(29.1 %)	0.59	-	17.71	0.59
Q2 2012	15.86	(46.6 %)	0.53	-	15.86	0.53
Q3 2012	11.67	(44.8 %)	0.39	-	11.67	0.39
Q4 2012	(1.58)	(129.7 %)	(0.05)	-	(1.58)	(0.05)
2012	43.66	(46.2 %)	1.46	-	43.66	1.46
Q1 2013	8.62	(51.3 %)	0.29	-	8.62	0.29
Q2 2013	13.08	(17.5 %)	0.44	-	13.08	0.44
Q3 2013	13.40	14.8 %	0.45	-	13.40	0.45
Q4 2013	9.82	722.4 %	0.33	-	9.82	0.33
2013	44.93	2.9 %	1.50	-	44.93	1.50
Q1 2014	14.83	72.0 %	0.49	-	14.83	0.49
Q2 2014	14.09	7.7 %	0.47	-	14.09	0.47

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2004	55.93	66.1 %	1.86	-	55.93	1.86
2005	129.83	132.1 %	4.33	-	129.83	4.33
2006	48.31	(62.8 %)	1.61	-	48.31	1.61
2007	80.38	66.4 %	2.68	-	80.38	2.68
2008	67.70	(15.8 %)	2.26	-	67.70	2.26
2009	45.53	(32.7 %)	1.52	-	45.53	1.52
2010	71.05	56.1 %	2.37	-	71.05	2.37
2011	81.11	14.2 %	2.70	-	81.11	2.70
2012	43.66	(46.2 %)	1.46	-	43.66	1.46
2013	44.93	2.9 %	1.50	-	44.93	1.50

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2005	29.36 %	36.74 %	68.97 %
Q2 2005	31.68 %	38.06 %	96.85 %
Q3 2005	33.47 %	39.04 %	106.21 %
Q4 2005	35.46 %	40.70 %	147.96 %
2005	35.45 %	40.71 %	147.97 %
Q1 2006	37.87 %	42.23 %	182.64 %
Q2 2006	37.76 %	40.84 %	162.32 %
Q3 2006	34.35 %	38.66 %	169.96 %
Q4 2006	35.82 %	40.80 %	62.85 %
2006	35.82 %	40.80 %	62.85 %
Q1 2007	34.69 %	40.98 %	25.51 %
Q2 2007	34.83 %	42.21 %	26.89 %
Q3 2007	38.31 %	44.18 %	34.17 %
Q4 2007	39.06 %	43.62 %	75.64 %
2007	39.06 %	43.62 %	75.64 %
Q1 2008	40.32 %	43.64 %	78.74 %
Q2 2008	40.42 %	42.88 %	79.16 %
Q3 2008	40.44 %	42.01 %	79.68 %
Q4 2008	39.24 %	40.58 %	62.38 %
2008	39.24 %	40.58 %	62.38 %
Q1 2009	41.95 %	43.47 %	53.37 %
Q2 2009	45.11 %	47.00 %	43.91 %
Q3 2009	48.02 %	50.27 %	34.38 %
Q4 2009	49.96 %	53.12 %	37.21 %
2009	49.96 %	53.13 %	37.22 %
Q1 2010	48.08 %	51.21 %	36.37 %
Q2 2010	46.43 %	49.59 %	45.10 %
Q3 2010	44.62 %	47.25 %	55.19 %
Q4 2010	45.10 %	47.36 %	64.12 %
2010	45.10 %	47.36 %	64.12 %
Q1 2011	43.90 %	45.40 %	70.02 %
Q2 2011	42.16 %	43.31 %	76.54 %
Q3 2011	40.21 %	41.73 %	75.73 %
Q4 2011	36.98 %	38.01 %	68.76 %
2011	36.98 %	38.00 %	68.76 %
Q1 2012	35.98 %	37.57 %	66.02 %
Q2 2012	36.86 %	38.30 %	54.97 %
Q3 2012	37.46 %	38.40 %	46.60 %
Q4 2012	37.10 %	37.23 %	38.72 %
2012	37.10 %	37.24 %	38.72 %
Q1 2013	36.45 %	36.00 %	31.04 %
Q2 2013	36.29 %	35.14 %	28.84 %
Q3 2013	35.78 %	34.67 %	31.03 %
Q4 2013	36.46 %	35.04 %	44.04 %
2013	36.46 %	35.03 %	44.04 %
Q1 2014	36.43 %	35.32 %	47.48 %
Q2 2014	34.07 %	32.67 %	52.15 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2004	27.56 %	38.16 %	66.48 %
2005	35.45 %	40.71 %	147.97 %
2006	35.82 %	40.80 %	62.85 %
2007	39.06 %	43.62 %	75.64 %
2008	39.24 %	40.58 %	62.38 %
2009	49.96 %	53.13 %	37.22 %
2010	45.10 %	47.36 %	64.12 %
2011	36.98 %	38.00 %	68.76 %
2012	37.10 %	37.24 %	38.72 %
2013	36.46 %	35.03 %	44.04 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2005	35.44 %	40.64 %	75.70 %
Q2 2005	37.08 %	42.11 %	169.22 %
Q3 2005	35.63 %	41.02 %	101.50 %
Q4 2005	33.50 %	38.87 %	239.47 %
Q1 2006	45.54 %	47.06 %	227.48 %
Q2 2006	36.46 %	36.12 %	80.02 %
Q3 2006	9.49 %	26.12 %	83.55 %
Q4 2006	38.21 %	45.51 %	(103.12 %)
Q1 2007	40.42 %	46.67 %	82.87 %
Q2 2007	36.43 %	41.36 %	69.45 %
Q3 2007	38.35 %	43.54 %	76.32 %
Q4 2007	41.36 %	43.13 %	74.41 %
Q1 2008	45.43 %	46.62 %	95.05 %
Q2 2008	36.83 %	38.42 %	71.11 %
Q3 2008	38.44 %	40.18 %	78.34 %
Q4 2008	36.31 %	37.09 %	2.02 %
Q1 2009	52.67 %	54.49 %	57.05 %
Q2 2009	49.61 %	52.61 %	32.60 %
Q3 2009	51.17 %	54.54 %	37.22 %
Q4 2009	45.66 %	50.53 %	16.62 %
Q1 2010	45.94 %	47.41 %	57.66 %
Q2 2010	43.21 %	46.32 %	67.03 %
Q3 2010	43.44 %	44.43 %	81.88 %
Q4 2010	47.59 %	50.98 %	52.36 %
Q1 2011	41.65 %	40.45 %	78.86 %
Q2 2011	37.12 %	38.76 %	90.67 %
Q3 2011	34.77 %	37.38 %	77.82 %
Q4 2011	33.49 %	34.79 %	20.14 %
Q1 2012	38.39 %	39.12 %	69.23 %
Q2 2012	40.40 %	41.50 %	52.76 %
Q3 2012	37.17 %	37.79 %	44.11 %
Q4 2012	32.75 %	31.00 %	(5.15 %)
Q1 2013	35.47 %	33.54 %	35.62 %
Q2 2013	39.94 %	38.43 %	45.18 %
Q3 2013	34.98 %	35.97 %	55.33 %
Q4 2013	34.80 %	31.60 %	39.86 %
Q1 2014	35.56 %	34.85 %	49.64 %
Q2 2014	30.08 %	27.07 %	66.32 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2005	30.00	2.01	2.01	9.79
Q2 2005	30.00	2.92	2.92	10.40
Q3 2005	30.00	3.18	3.18	11.18
Q4 2005	30.00	4.33	4.33	12.90
Q1 2006	30.00	5.46	5.46	14.53
Q2 2006	30.00	4.66	4.66	13.42
Q3 2006	30.00	4.18	4.18	12.81
Q4 2006	30.00	1.61	1.61	12.23
Q1 2007	30.00	0.69	0.69	12.45
Q2 2007	30.00	0.79	0.79	12.06
Q3 2007	30.00	1.20	1.20	13.27
Q4 2007	30.00	2.68	2.68	14.76
Q1 2008	30.00	2.82	2.82	14.69
Q2 2008	30.00	2.84	2.84	14.14
Q3 2008	30.00	2.87	2.87	14.52
Q4 2008	30.00	2.26	2.26	14.27
Q1 2009	30.00	2.10	2.10	14.87
Q2 2009	30.00	1.79	1.79	14.36
Q3 2009	30.00	1.38	1.38	14.80
Q4 2009	30.00	1.52	1.52	15.15
Q1 2010	30.00	1.41	1.41	15.94
Q2 2010	30.00	1.70	1.70	15.78
Q3 2010	30.00	2.04	2.04	16.58
Q4 2010	30.00	2.37	2.37	17.50
Q1 2011	30.00	2.62	2.62	18.66
Q2 2011	30.00	2.98	2.98	18.06
Q3 2011	30.00	3.01	3.01	18.60
Q4 2011	30.00	2.70	2.70	19.12
Q1 2012	30.00	2.46	2.46	20.12
Q2 2012	30.00	2.00	2.00	18.25
Q3 2012	30.00	1.69	1.69	18.51
Q4 2012	30.00	1.46	1.46	18.81
Q1 2013	30.00	1.15	1.15	19.08
Q2 2013	30.00	1.06	1.06	18.35
Q3 2013	30.00	1.12	1.12	19.03
Q4 2013	30.00	1.50	1.50	19.69
Q1 2014	30.00	1.70	1.70	20.41
Q2 2014	30.00	1.74	1.74	19.49

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2004	30.00	1.86	1.86	9.29
2005	30.00	4.33	4.33	12.90
2006	30.00	1.61	1.61	12.23
2007	30.00	2.68	2.68	14.76
2008	30.00	2.26	2.26	14.27
2009	30.00	1.52	1.52	15.15
2010	30.00	2.37	2.37	17.50
2011	30.00	2.70	2.70	19.12
2012	30.00	1.46	1.46	18.81
2013	30.00	1.50	1.50	19.69

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2005	21.92	21.92	4.51
Q2 2005	23.62	23.62	6.64
Q3 2005	29.45	29.45	8.37
Q4 2005	24.13	24.13	8.09
Q1 2006	14.70	14.70	5.53
Q2 2006	23.52	23.52	8.17
Q3 2006	21.83	21.83	7.12
Q4 2006	25.08	25.08	3.30
Q1 2007	57.50	57.50	3.17
Q2 2007	43.24	43.24	2.84
Q3 2007	37.63	37.63	3.41
Q4 2007	22.00	22.00	3.99
Q1 2008	19.02	19.02	3.65
Q2 2008	23.66	23.66	4.75
Q3 2008	17.12	17.12	3.38
Q4 2008	11.75	11.75	1.86
Q1 2009	12.32	12.32	1.74
Q2 2009	17.00	17.00	2.11
Q3 2009	21.77	21.77	2.03
Q4 2009	18.37	18.37	1.84
Q1 2010	20.40	20.40	1.81
Q2 2010	14.53	14.53	1.56
Q3 2010	13.44	13.44	1.65
Q4 2010	12.87	12.87	1.74
Q1 2011	12.48	12.48	1.75
Q2 2011	12.41	12.41	2.05
Q3 2011	12.83	12.83	2.08
Q4 2011	14.48	14.48	2.05
Q1 2012	18.13	18.13	2.22
Q2 2012	15.35	15.35	1.68
Q3 2012	18.42	18.42	1.68
Q4 2012	19.29	19.29	1.49
Q1 2013	24.93	24.93	1.51
Q2 2013	25.66	25.66	1.48
Q3 2013	30.42	30.42	1.79
Q4 2013	21.97	21.97	1.67
Q1 2014	20.33	20.33	1.70
Q2 2014	23.97	23.97	2.14

Period	P/E	Adjusted P/E	Price/book
2004	18.98	18.98	3.81
2005	24.13	24.13	8.09
2006	25.08	25.08	3.30
2007	22.00	22.00	3.99
2008	11.75	11.75	1.86
2009	18.37	18.37	1.84
2010	12.87	12.87	1.74
2011	14.48	14.48	2.05
2012	19.29	19.29	1.49
2013	21.97	21.97	1.67

Financial Ratios

	Current
Market Cap (M Riyal)	1,875.30
Enterprise Value (EV) (M)	1,866.73
Shares Outstanding ((M))	32.90
EPS ( Riyal) (TTM)	3.07
Book Value (BV) ( Riyal)	23.11
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	18.56
P/E (TTM)	18.56
Price/book	2.47
Return on Average Assets (%) (TTM)	12.5
Return on Average Equity (%) (TTM)	13.9

The National Company for Glass Industries (ZOUJAJ)

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Glass posts higher net profit at SAR 28.9m in I2 of 2014

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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

The National Company for Glass Industries (ZOUJAJ)

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Glass posts higher net profit at SAR 28.9m in I2 of 2014

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

The National Company for Glass Industries (ZOUJAJ)

Comments {{getCommentCount()}}

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

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