Financial Results : SAIC Q1 2024 profit surges to SAR 108.7M

SAIC Q1 2024 profit surges to SAR 108.7M

16/04/2024 Argaam Exclusive

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Saudi Advanced Industries Co. (SAIC) reported a profit increase in Q1 2024 net profit to SAR 108.7 million from SAR 22.1 million in the year-earlier period.



Current Quarter Comparison (Million Riyal)

Compared With The
Item Q1 2023 Q1 2024 Change‬
Revenues 25.35 121.89 380.8 %
Gross Income 25.35 121.89 380.8 %
Operating Income 22.57 112.21 397.1 %
Net Income 22.07 108.72 392.6 %
Average Shares 60.00 60.00 -
Earnings Per Share before unusual items (Riyal) 0.37 1.81 392.6 %
EPS (Riyal) 0.37 1.81 392.6 %

The profit increase is mainly due to higher profit from financial assets at fair value through profit or loss, despite a decrease in the company's share in profits from associates, as well as a rise in financing costs, general and administrative expenses, and Zakat expenses.

 

Compared to Q4 2023, net profit jumped 201.2% from SAR 36.09 million.

 

Shareholders’ equity, no minority interest, rose to SAR 1.10 billion by March 31, 2024, from SAR 924.58 million in the year-earlier period.



Financial results (Million Riyal)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2003 - - - - (0.39) -
Q2 2003 - - - - (0.35) -
Q3 2003 - - - - (0.31) -
Q4 2003 - - - - (0.59) -
Q1 2004 - - - - (0.32) 16.4 %
Q2 2004 - - - - (0.47) (35.9 %)
Q3 2004 - - - - (0.36) (14.1 %)
Q4 2004 - - - - (0.68) (14.0 %)
Q1 2005 - - - - (0.35) (9.3 %)
Q2 2005 - - - - (0.72) (53.9 %)
Q3 2005 - - - - (0.33) 8.7 %
Q4 2005 - - - - (0.51) 24.0 %
Q1 2006 - - - - (0.50) (43.2 %)
Q2 2006 - - - - (0.33) 54.8 %
Q3 2006 - - - - (0.37) (12.3 %)
Q4 2006 - - - - (0.73) (41.2 %)
Q1 2007 - - - - (0.45) 10.5 %
Q2 2007 - - - - (1.66) (409.2 %)
Q3 2007 - - - - (0.53) (45.9 %)
Q4 2007 - - - - (0.24) 67.1 %
Q1 2008 5.07 - 5.07 - 4.51 1099.8 %
Q2 2008 9.39 - 9.39 - 8.60 617.8 %
Q3 2008 6.36 - 6.36 - 4.91 1018.5 %
Q4 2008 4.72 - 4.72 - 3.63 1617.6 %
Q1 2009 6.58 29.8 % 6.58 29.8 % 5.68 25.9 %
Q2 2009 13.17 40.4 % 13.17 40.4 % 12.19 41.8 %
Q3 2009 11.47 80.4 % 11.47 80.4 % 10.72 118.6 %
Q4 2009 7.70 63.2 % 7.70 63.2 % 6.68 84.2 %
Q1 2010 3.62 (45.0 %) 3.62 (45.0 %) 2.68 (52.9 %)
Q2 2010 7.55 (42.7 %) 7.55 (42.7 %) 6.59 (45.9 %)
Q3 2010 2.36 (79.4 %) 2.36 (79.4 %) 1.78 (83.4 %)
Q4 2010 (0.23) (103.0 %) (0.23) (103.0 %) (0.50) (107.5 %)
Q1 2011 1.12 (69.2 %) 1.12 (69.2 %) 0.28 (89.5 %)
Q2 2011 1.42 (81.2 %) 1.42 (81.2 %) 0.75 (88.6 %)
Q3 2011 (2.76) (216.8 %) (2.76) (216.8 %) (3.27) (283.6 %)
Q4 2011 8.81 3897.4 % 8.81 3897.4 % 6.67 1422.4 %
Q1 2012 (1.55) (239.2 %) (1.55) (239.2 %) (2.58) (1021.1 %)
Q2 2012 (2.96) (309.4 %) (2.96) (309.4 %) (3.98) (627.5 %)
Q3 2012 (0.62) 77.4 % (0.62) 77.4 % (0.99) 69.6 %
Q4 2012 (33.24) (477.3 %) (33.24) (477.3 %) (34.97) (624.7 %)
Q1 2013 4.83 411.3 % 4.83 411.3 % 3.84 249.0 %
Q2 2013 9.84 432.0 % 9.84 432.0 % 9.05 327.4 %
Q3 2013 9.50 1624.2 % 9.50 1624.2 % 8.74 978.9 %
Q4 2013 6.64 120.0 % 6.64 120.0 % 4.79 113.7 %
Q1 2014 8.03 66.2 % 8.03 66.2 % 6.94 80.7 %
Q2 2014 4.64 (52.9 %) 4.64 (52.9 %) 3.51 (61.1 %)
Q3 2014 8.48 (10.7 %) 8.48 (10.7 %) 7.47 (14.4 %)
Q4 2014 6.16 (7.2 %) 6.16 (7.2 %) 3.55 (26.0 %)
Q1 2015 9.04 12.5 % 9.04 12.5 % 7.66 10.4 %
Q2 2015 8.15 75.7 % 8.15 75.7 % 6.82 94.1 %
Q3 2015 2.38 (71.9 %) 2.38 (71.9 %) 1.21 (83.8 %)
Q4 2015 (0.45) (107.3 %) (0.45) (107.3 %) (2.71) (176.4 %)
Q1 2016 (1.93) (121.4 %) (1.93) (121.4 %) (3.24) (142.3 %)
Q2 2016 11.74 44.1 % 11.74 44.1 % 10.51 54.0 %
Q3 2016 4.29 80.1 % 4.29 80.1 % 3.10 155.6 %
Q4 2016 4.58 1123.9 % 4.58 1123.9 % 2.32 185.5 %
Q1 2017 4.42 328.7 % 4.42 328.7 % 3.21 198.9 %
Q2 2017 8.35 (28.9 %) 8.35 (28.9 %) 7.11 (32.4 %)
Q3 2017 11.65 171.8 % 11.65 171.8 % 10.40 235.7 %
Q4 2017 10.20 122.8 % 10.20 122.8 % 7.33 215.9 %
Q1 2018 5.48 24.0 % 5.48 24.0 % 4.35 35.8 %
Q2 2018 15.71 88.3 % 15.71 88.3 % 14.25 100.5 %
Q3 2018 12.89 10.6 % 12.89 10.6 % 11.84 13.8 %
Q4 2018 10.45 2.5 % 10.45 2.5 % 7.49 2.1 %
Q1 2019 6.04 10.2 % 6.04 10.2 % 4.53 4.0 %
Q2 2019 20.08 27.8 % 20.08 27.8 % 16.65 16.9 %
Q3 2019 13.59 5.4 % 13.59 5.4 % 11.79 (0.4 %)
Q4 2019 4.68 (55.2 %) 4.68 (55.2 %) 1.61 (78.5 %)
Q1 2020 10.72 77.5 % 10.72 77.5 % 8.68 91.6 %
Q2 2020 6.71 (66.6 %) 6.71 (66.6 %) 4.95 (70.3 %)
Q3 2020 9.59 (29.4 %) 9.59 (29.4 %) 7.78 (34.0 %)
Q4 2020 9.75 108.3 % 9.75 108.3 % 7.66 375.2 %
Q1 2021 19.69 83.6 % 19.69 83.6 % 17.54 102.2 %
Q2 2021 19.34 188.1 % 19.34 188.1 % 17.17 246.9 %
Q3 2021 35.88 273.9 % 35.88 273.9 % 33.83 334.7 %
Q4 2021 26.57 172.6 % 26.57 172.6 % 24.03 213.9 %
Q1 2022 34.44 75.0 % 34.44 75.0 % 31.00 76.7 %
Q2 2022 31.09 60.7 % 31.09 60.7 % 27.45 59.8 %
Q3 2022 25.97 (27.6 %) 25.97 (27.6 %) 22.46 (33.6 %)
Q4 2022 24.55 (7.6 %) 24.55 (7.6 %) 21.79 (9.3 %)
Q1 2023 25.35 (26.4 %) 25.35 (26.4 %) 22.57 (27.2 %)
Q2 2023 53.59 72.4 % 53.59 72.4 % 50.66 84.6 %
Q3 2023 46.03 77.3 % 46.03 77.3 % 40.86 81.9 %
Q4 2023 55.18 124.8 % 55.18 124.8 % 48.15 120.9 %
Q1 2024 121.89 380.8 % 121.89 380.8 % 112.21 397.1 %


Profit Performance (Million Riyal)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS(Riyal)
Q1 2003 (0.19) - 0.00 - (0.19) 0.00
Q2 2003 (0.20) - 0.00 - (0.20) 0.00
Q3 2003 0.26 - 0.01 - 0.26 0.01
Q4 2003 (0.47) - (0.01) - (0.47) (0.01)
Q1 2004 (0.02) 91.6 % 0.00 - (0.02) 0.00
Q2 2004 (0.35) (77.7 %) (0.01) - (0.35) (0.01)
Q3 2004 (0.24) (192.2 %) (0.01) - (0.24) (0.01)
Q4 2004 (0.56) (18.1 %) (0.01) - (0.56) (0.01)
Q1 2005 (0.23) (1,325.0 %) (0.01) - (0.23) (0.01)
Q2 2005 0.65 286.0 % 0.02 - 0.65 0.02
Q3 2005 (0.23) 3.8 % (0.01) - (0.23) (0.01)
Q4 2005 3.22 675.4 % 0.08 - 3.22 0.08
Q1 2006 1.04 554.8 % 0.02 - 1.04 0.02
Q2 2006 0.53 (18.6 %) 0.01 - 0.53 0.01
Q3 2006 (0.36) (55.9 %) (0.01) - (0.36) (0.01)
Q4 2006 (0.78) (124.2 %) (0.02) - (0.78) (0.02)
Q1 2007 3.51 238.4 % 0.08 - 3.51 0.08
Q2 2007 3.81 618.5 % 0.06 - 3.81 0.06
Q3 2007 3.07 959.1 % 0.05 - 3.07 0.05
Q4 2007 5.22 769.8 % 0.09 - 5.22 0.09
Q1 2008 4.40 25.3 % 0.07 - 4.40 0.07
Q2 2008 8.71 128.7 % 0.15 - 8.71 0.15
Q3 2008 4.39 43.0 % 0.07 - 4.39 0.07
Q4 2008 2.17 (58.5 %) 0.04 - 2.17 0.04
Q1 2009 6.19 40.7 % 0.10 - 6.19 0.10
Q2 2009 11.97 37.5 % 0.20 - 11.97 0.20
Q3 2009 10.46 138.5 % 0.17 - 10.46 0.17
Q4 2009 6.17 184.5 % 0.10 - 6.17 0.10
Q1 2010 2.60 (58.0 %) 0.04 - 2.60 0.04
Q2 2010 6.44 (46.2 %) 0.11 - 6.44 0.11
Q3 2010 1.74 (83.4 %) 0.03 - 1.74 0.03
Q4 2010 (0.84) (113.7 %) (0.01) - (0.84) (0.01)
Q1 2011 0.17 (93.3 %) 0.00 - 0.17 0.00
Q2 2011 4.19 (34.9 %) 0.07 - 4.19 0.07
Q3 2011 (0.27) (115.7 %) 0.00 - (0.27) 0.00
Q4 2011 5.70 776.3 % 0.10 - 5.70 0.10
Q1 2012 (3.20) (1952.0 %) (0.05) - (3.20) (0.05)
Q2 2012 (26.17) (724.6 %) (0.44) - (26.17) (0.44)
Q3 2012 (4.34) (1,488.3 %) (0.07) - (4.34) (0.07)
Q4 2012 (28.39) (598.1 %) (0.47) - (28.39) (0.47)
Q1 2013 3.24 201.1 % 0.05 - 3.24 0.05
Q2 2013 8.72 133.3 % 0.15 - 8.72 0.15
Q3 2013 8.52 296.5 % 0.14 - 8.52 0.14
Q4 2013 4.58 116.1 % 0.08 - 4.58 0.08
Q1 2014 6.01 85.7 % 0.10 (0.76) 6.77 0.11
Q2 2014 (6.91) (179.3 %) (0.12) (9.98) 3.06 0.05
Q3 2014 13.81 62.1 % 0.23 (0.76) 14.57 0.24
Q4 2014 2.32 (49.4 %) 0.04 (0.76) 3.08 0.05
Q1 2015 7.51 24.9 % 0.13 - 7.51 0.13
Q2 2015 7.26 205.0 % 0.12 - 7.26 0.12
Q3 2015 1.61 (88.3 %) 0.03 - 1.61 0.03
Q4 2015 (15.20) (756.2 %) (0.25) (11.00) (4.20) (0.07)
Q1 2016 (3.75) (149.9 %) (0.06) - (3.75) (0.06)
Q2 2016 9.96 37.2 % 0.17 - 9.96 0.17
Q3 2016 2.52 55.9 % 0.04 - 2.52 0.04
Q4 2016 2.15 114.1 % 0.04 - 2.15 0.04
Q1 2017 3.40 190.6 % 0.06 - 3.40 0.06
Q2 2017 7.56 (24.1 %) 0.13 - 7.56 0.13
Q3 2017 9.82 290.5 % 0.16 - 9.82 0.16
Q4 2017 9.81 356.4 % 0.16 - 9.81 0.16
Q1 2018 4.16 22.5 % 0.07 - 4.16 0.07
Q2 2018 14.10 86.5 % 0.23 - 14.10 0.23
Q3 2018 11.54 17.5 % 0.19 - 11.54 0.19
Q4 2018 7.13 (27.3 %) 0.12 - 7.13 0.12
Q1 2019 4.13 (0.8 %) 0.07 - 4.13 0.07
Q2 2019 16.37 16.1 % 0.27 - 16.37 0.27
Q3 2019 11.50 (0.4 %) 0.19 - 11.50 0.19
Q4 2019 (3.45) (148.4 %) (0.06) (4.81) 1.36 0.02
Q1 2020 8.35 102.3 % 0.14 - 8.35 0.14
Q2 2020 4.70 (71.3 %) 0.08 - 4.70 0.08
Q3 2020 7.50 (34.8 %) 0.13 - 7.50 0.13
Q4 2020 5.53 260.2 % 0.09 - 5.53 0.09
Q1 2021 17.05 104.2 % 0.28 - 17.05 0.28
Q2 2021 16.79 257.6 % 0.28 - 16.79 0.28
Q3 2021 31.67 322.3 % 0.53 - 31.67 0.53
Q4 2021 25.62 363.7 % 0.43 - 25.62 0.43
Q1 2022 30.94 81.5 % 0.52 - 30.94 0.52
Q2 2022 27.32 62.7 % 0.46 - 27.32 0.46
Q3 2022 22.10 (30.2 %) 0.37 - 22.10 0.37
Q4 2022 19.85 (22.5 %) 0.33 - 19.85 0.33
Q1 2023 22.07 (28.7 %) 0.37 - 22.07 0.37
Q2 2023 50.16 83.6 % 0.84 - 50.16 0.84
Q3 2023 38.94 76.2 % 0.65 - 38.94 0.65
Q4 2023 37.63 89.6 % 0.63 (3.89) 41.52 0.69
Q1 2024 108.72 392.6 % 1.81 - 108.72 1.81

Profitability

Period Gross Margin Adjusted EBITDA margin Net Margin Before Unusual Items
Q1 2003 - - -
Q2 2003 - - -
Q3 2003 - - -
Q4 2003 - - -
Q1 2004 - - -
Q2 2004 - - -
Q3 2004 - - -
Q4 2004 - - -
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 100.00 % 41.27 % 325.29 %
Q2 2008 100.00 % 85.47 % 147.98 %
Q3 2008 100.00 % 85.49 % 109.10 %
Q4 2008 100.00 % 84.84 % 76.99 %
Q1 2009 100.00 % 84.43 % 79.31 %
Q2 2009 100.00 % 85.71 % 80.15 %
Q3 2009 100.00 % 89.69 % 85.64 %
Q4 2009 100.00 % 90.68 % 89.36 %
Q1 2010 100.00 % 89.79 % 86.74 %
Q2 2010 100.00 % 87.99 % 84.58 %
Q3 2010 100.00 % 83.65 % 79.81 %
Q4 2010 100.00 % 79.50 % 74.69 %
Q1 2011 100.00 % 75.76 % 69.52 %
Q2 2011 100.00 % 50.28 % 112.84 %
Q3 2011 100.00 % 593.44 % (710.50 %)
Q4 2011 100.00 % 51.93 % 114.05 %
Q1 2012 100.00 % 26.99 % 108.42 %
Q2 2012 100.00 % (204.03 %) (1556.96 %)
Q3 2012 100.00 % (23.51 %) (762.98 %)
Q4 2012 100.00 % 110.75 % 161.82 %
Q1 2013 100.00 % 112.79 % 173.99 %
Q2 2013 100.00 % 120.18 % 108.24 %
Q3 2013 100.00 % 146.97 % 87.28 %
Q4 2013 100.00 % 85.81 % 81.34 %
Q1 2014 100.00 % 86.84 % 84.08 %
Q2 2014 100.00 % 83.32 % 79.63 %
Q3 2014 100.00 % 82.14 % 104.30 %
Q4 2014 100.00 % 78.73 % 100.61 %
Q1 2015 100.00 % 78.51 % 99.65 %
Q2 2015 100.00 % 80.26 % 101.84 %
Q3 2015 100.00 % 74.64 % 75.64 %
Q4 2015 100.00 % 68.14 % 63.72 %
Q1 2016 100.00 % 26.22 % 11.28 %
Q2 2016 100.00 % 49.67 % 30.82 %
Q3 2016 100.00 % 56.63 % 33.12 %
Q4 2016 100.00 % 68.37 % 58.23 %
Q1 2017 100.00 % 76.76 % 72.00 %
Q2 2017 100.00 % 73.06 % 72.22 %
Q3 2017 100.00 % 79.67 % 79.07 %
Q4 2017 100.00 % 81.19 % 88.35 %
Q1 2018 100.00 % 82.01 % 87.86 %
Q2 2018 100.00 % 84.58 % 88.01 %
Q3 2018 100.00 % 85.48 % 89.43 %
Q4 2018 100.00 % 85.38 % 82.90 %
Q1 2019 100.00 % 84.72 % 81.80 %
Q2 2019 100.00 % 82.12 % 79.17 %
Q3 2019 100.00 % 80.91 % 77.99 %
Q4 2019 100.00 % 78.19 % 75.13 %
Q1 2020 100.00 % 79.20 % 76.57 %
Q2 2020 100.00 % 76.08 % 72.54 %
Q3 2020 100.00 % 73.03 % 69.07 %
Q4 2020 100.00 % 79.41 % 70.89 %
Q1 2021 100.00 % 83.26 % 76.02 %
Q2 2021 100.00 % 86.21 % 80.29 %
Q3 2021 100.00 % 90.23 % 83.92 %
Q4 2021 100.00 % 91.41 % 89.81 %
Q1 2022 100.00 % 91.38 % 90.36 %
Q2 2022 100.00 % 91.01 % 90.29 %
Q3 2022 100.00 % 89.01 % 89.77 %
Q4 2022 100.00 % 88.62 % 86.35 %
Q1 2023 100.00 % 88.26 % 85.40 %
Q2 2023 100.00 % 90.85 % 88.20 %
Q3 2023 100.00 % 90.98 % 87.63 %
Q4 2023 100.00 % 90.16 % 84.76 %
2023 100.00 % 90.16 % 84.76 %
Q1 2024 100.00 % 91.11 % 86.50 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Earnings Per Share before unusual items (Riyal) Book Value (BV)
Q1 2003 42.18 - - 2.32
Q2 2003 42.18 - - 2.32
Q3 2003 42.18 - - 2.32
Q4 2003 42.18 (0.01) (0.01) 2.31
Q1 2004 42.18 (0.01) (0.01) 2.31
Q2 2004 42.18 (0.01) (0.01) 2.30
Q3 2004 42.18 (0.03) (0.03) 2.30
Q4 2004 42.18 (0.03) (0.03) 2.28
Q1 2005 42.18 (0.03) (0.03) 2.28
Q2 2005 42.18 (0.01) (0.01) 2.29
Q3 2005 42.18 (0.01) (0.01) 2.29
Q4 2005 42.18 0.08 0.08 2.36
Q1 2006 42.18 0.11 0.11 4.82
Q2 2006 42.18 0.11 0.11 4.02
Q3 2006 42.18 0.11 0.11 3.51
Q4 2006 42.18 0.01 0.01 2.93
Q1 2007 42.18 0.07 0.07 3.14
Q2 2007 60.00 0.10 0.10 12.80
Q3 2007 60.00 0.16 0.16 13.07
Q4 2007 60.00 0.26 0.26 13.67
Q1 2008 60.00 0.27 0.27 13.84
Q2 2008 60.00 0.36 0.36 13.90
Q3 2008 60.00 0.38 0.38 12.73
Q4 2008 60.00 0.33 0.33 11.70
Q1 2009 60.00 0.36 0.36 12.04
Q2 2009 60.00 0.41 0.41 12.29
Q3 2009 60.00 0.51 0.51 12.81
Q4 2009 60.00 0.58 0.58 12.93
Q1 2010 60.00 0.52 0.52 13.27
Q2 2010 60.00 0.43 0.43 13.34
Q3 2010 60.00 0.28 0.28 13.39
Q4 2010 60.00 0.17 0.17 13.87
Q1 2011 60.00 0.13 0.13 13.91
Q2 2011 60.00 0.09 0.09 13.93
Q3 2011 60.00 0.05 0.05 13.81
Q4 2011 60.00 0.16 0.16 13.74
Q1 2012 60.00 0.11 0.11 14.12
Q2 2012 60.00 (0.40) (0.40) 13.25
Q3 2012 60.00 (0.47) (0.47) 13.22
Q4 2012 60.00 (1.04) (1.04) 12.89
Q1 2013 60.00 (0.93) (0.93) 13.24
Q2 2013 60.00 (0.35) (0.35) 13.53
Q3 2013 60.00 (0.13) (0.13) 14.04
Q4 2013 60.00 0.42 0.42 14.75
Q1 2014 60.00 0.46 0.48 14.68
Q2 2014 60.00 0.20 0.38 14.58
Q3 2014 60.00 0.29 0.48 14.86
Q4 2014 60.00 0.25 0.46 13.08
Q1 2015 60.00 0.28 0.47 12.92
Q2 2015 60.00 0.51 0.54 13.53
Q3 2015 60.00 0.31 0.32 12.65
Q4 2015 60.00 0.02 0.20 11.62
Q1 2016 60.00 (0.17) 0.02 11.87
Q2 2016 60.00 (0.12) 0.06 12.25
Q3 2016 60.00 (0.11) 0.08 12.22
Q4 2016 60.00 0.18 0.18 12.59
Q1 2017 60.00 0.30 0.30 12.74
Q2 2017 60.00 0.26 0.26 12.74
Q3 2017 60.00 0.38 0.38 12.81
Q4 2017 60.00 0.51 0.51 12.87
Q1 2018 60.00 0.52 0.52 13.64
Q2 2018 60.00 0.63 0.63 13.94
Q3 2018 60.00 0.66 0.66 13.89
Q4 2018 60.00 0.62 0.62 13.12
Q1 2019 60.00 0.61 0.61 13.75
Q2 2019 60.00 0.65 0.65 13.51
Q3 2019 60.00 0.65 0.65 13.14
Q4 2019 60.00 0.48 0.56 13.31
Q1 2020 60.00 0.55 0.63 12.55
Q2 2020 60.00 0.35 0.43 13.25
Q3 2020 60.00 0.28 0.37 13.66
Q4 2020 60.00 0.43 0.43 14.00
Q1 2021 60.00 0.58 0.58 14.66
Q2 2021 60.00 0.78 0.78 14.93
Q3 2021 60.00 1.18 1.18 15.37
Q4 2021 60.00 1.52 1.52 15.56
Q1 2022 60.00 1.75 1.75 16.13
Q2 2022 60.00 1.93 1.93 14.99
Q3 2022 60.00 1.77 1.77 15.14
Q4 2022 60.00 1.67 1.67 15.02
Q1 2023 60.00 1.52 1.52 15.41
Q2 2023 60.00 1.90 1.90 15.84
Q3 2023 60.00 2.18 2.18 16.04
Q4 2023 60.00 2.48 2.54 16.59
Q1 2024 60.00 3.92 3.99 18.40

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Recurring P/E Price/book
Q1 2003 - - 1.47
Q2 2003 - - 1.55
Q3 2003 - - 2.37
Q4 2003 NEG NEG 2.66
Q1 2004 NEG NEG 2.96
Q2 2004 NEG NEG 4.66
Q3 2004 NEG NEG 8.35
Q4 2004 NEG NEG 6.27
Q1 2005 NEG NEG 6.80
Q2 2005 NEG NEG 20.19
Q3 2005 NEG NEG 29.65
Q4 2005 More than 100 More than 100 27.31
Q1 2006 More than 100 More than 100 14.38
Q2 2006 More than 100 More than 100 21.73
Q3 2006 More than 100 More than 100 33.24
Q4 2006 More than 100 More than 100 11.37
Q1 2007 More than 100 More than 100 12.09
Q2 2007 More than 100 More than 100 1.38
Q3 2007 More than 100 More than 100 1.71
Q4 2007 91.45 91.45 1.74
Q1 2008 59.00 59.00 1.17
Q2 2008 44.97 44.97 1.15
Q3 2008 29.14 29.14 0.87
Q4 2008 22.10 22.10 0.62
Q1 2009 21.68 21.68 0.64
Q2 2009 22.93 22.93 0.77
Q3 2009 19.88 19.88 0.80
Q4 2009 17.41 17.41 0.78
Q1 2010 19.12 19.12 0.75
Q2 2010 20.30 20.30 0.65
Q3 2010 32.41 32.41 0.68
Q4 2010 59.23 59.23 0.71
Q1 2011 81.60 81.60 0.73
Q2 2011 More than 100 More than 100 0.77
Q3 2011 More than 100 More than 100 0.69
Q4 2011 67.37 67.37 0.80
Q1 2012 More than 100 More than 100 1.12
Q2 2012 NEG NEG 0.86
Q3 2012 NEG NEG 1.01
Q4 2012 NEG NEG 0.86
Q1 2013 NEG NEG 0.85
Q2 2013 NEG NEG 0.82
Q3 2013 NEG NEG 0.85
Q4 2013 31.92 31.92 0.90
Q1 2014 34.09 33.19 1.08
Q2 2014 92.86 49.40 1.30
Q3 2014 68.21 41.17 1.34
Q4 2014 54.49 30.20 1.06
Q1 2015 54.78 32.47 1.18
Q2 2015 29.51 28.13 1.12
Q3 2015 35.37 34.00 0.87
Q4 2015 More than 100 55.95 0.98
Q1 2016 NEG More than 100 0.72
Q2 2016 NEG More than 100 0.74
Q3 2016 NEG 89.78 0.55
Q4 2016 55.46 55.46 0.80
Q1 2017 37.63 37.63 0.89
Q2 2017 38.35 38.35 0.78
Q3 2017 28.53 28.53 0.85
Q4 2017 22.52 22.52 0.89
Q1 2018 21.63 21.63 0.83
Q2 2018 17.73 17.73 0.80
Q3 2018 15.62 15.62 0.74
Q4 2018 17.54 17.54 0.82
Q1 2019 19.21 19.21 0.86
Q2 2019 15.92 15.92 0.77
Q3 2019 17.24 17.24 0.86
Q4 2019 24.12 20.65 0.86
Q1 2020 17.26 15.05 0.75
Q2 2020 30.70 25.00 0.81
Q3 2020 54.79 42.77 1.14
Q4 2020 36.28 36.28 1.13
Q1 2021 59.23 59.23 2.34
Q2 2021 60.23 60.23 3.15
Q3 2021 36.00 36.00 2.77
Q4 2021 26.08 26.08 2.55
Q1 2022 22.21 22.21 2.41
Q2 2022 15.05 15.05 1.93
Q3 2022 15.68 15.68 1.83
Q4 2022 13.38 13.38 1.49
Q1 2023 15.94 15.94 1.57
Q2 2023 15.29 15.29 1.84
Q3 2023 13.37 13.37 1.82
Q4 2023 11.36 11.07 1.73
Q1 2024 10.27 10.10 2.19

Business Segments (Million Riyal)

Compared With The
Period Services and Invesments sector Glass industry Petrochemical sector Industrial Services Segment ( Energy and Utilities) Real estate finance Other
Q3 2009 - - - 9.85 - 1.62
Q4 2009 - (2.98) - 10.33 - (0.34)
Q1 2010 - - - 2.00 - 1.62
Q2 2010 - - - 7.55 - -
Q3 2010 - - - 2.36 - -
Q4 2010 - (3.25) - 3.43 - (0.04)
Q1 2011 - (0.65) - 1.76 - -
Q2 2011 - (1.96) - 7.01 - -
Q3 2011 - (2.76) - 3.39 - -
Q4 2011 - (2.82) - (0.54) - -
Q1 2012 - (2.43) - 0.87 - -
Q2 2012 - (3.87) - (13.63) - (1.59)
Q3 2012 - (3.86) - - - 3.24
Q4 2012 - (2.96) - (14.14) - -
Q1 2013 - (3.19) - 3.22 - 4.80
Q2 2013 - 0.45 - 9.39 - 0.04
Q3 2013 - 0.59 3.27 6.25 - (0.61)
Q4 2013 - 2.75 - 3.88 - -
Q1 2014 - 1.49 6.54 - - 0.01
Q2 2014 - 0.60 - - - 4.52
Q3 2014 - 1.94 4.90 - - 9.84
Q4 2014 - 1.53 - - - 4.89
Q1 2015 3.25 - 4.90 - - 0.95
Q2 2015 2.60 0.39 3.27 1.62 - 0.85
Q3 2015 4.93 - - - - -
Q4 2015 2.23 - - - - -
Q1 2016 - - 3.27 - - 0.01
Q2 2016 4.58 - 4.90 3.24 - -
Q3 2016 2.73 - - - - 0.04
Q4 2016 3.15 1.09 - - - 0.09
Q1 2017 3.09 - 4.90 - - 0.79
Q2 2017 5.28 - - - - 0.03
Q3 2017 3.02 - 4.90 5.06 - -
Q4 2017 3.31 5.80 - - - 0.03
Q1 2018 3.07 2.41 - - - 0.03
Q2 2018 3.21 1.98 - - - -
Q3 2018 2.86 4.31 5.72 - - -
Q4 2018 3.81 6.64 - - - -
Q1 2019 2.85 3.19 - - - -
Q2 2019 5.42 3.06 6.54 - - 0.02
Q3 2019 5.01 2.85 5.72 - - 0.01
Q4 2019 2.70 1.98 - - - 0.04
Q1 2020 3.36 1.65 5.72 - - -
Q2 2020 8.80 (2.09) - - - 0.05
Q3 2020 2.27 3.24 4.09 - - 0.02
Q4 2020 5.63 4.12 - - - 0.01
Q1 2021 7.38 8.22 4.09 - - 0.01
Q2 2021 5.29 14.05 - - - 0.05
Q3 2021 6.43 24.54 4.90 - - -
Q4 2021 3.91 22.66 - - - -
Q1 2022 8.56 20.98 4.90 - - -
Q2 2022 5.70 20.49 4.90 - - -
Q3 2022 5.66 20.31 - - - 0.01
Q4 2022 4.25 9.29 - 11.02 - -
Q1 2023 10.92 11.92 2.50 - - -
Q2 2023 38.84 9.69 - 5.06 - -
Q3 2023 4.02 42.01 - - - -
Q4 2023 24.23 (1.56) - 32.52 - 0.01
Q1 2024 117.50 5.36 - - (0.98) 0.01

Current
Market Cap (M Riyal) 880.80
Enterprise Value (EV) (M Riyal) 720.80
Shares Outstanding ((M)) 60.00
Recurring EPS ( Riyal) (TTM) (0.62)
Book Value (BV) ( Riyal) 17.07
Par Value ( Riyal) 10.00
Recurring P/E (TTM) Neg
P/E (TTM) NEG
Price/book 0.86
Dividend Yield (%) (Last Year) -
Return on Average Assets (%) (TTM) (2.95 )
Return on Average Equity (%) (TTM) (3.60 )
EV/adj EBITDA (36.80)
EV/Revenues (549.81)

Share Price

14.68
(0.18) (1.21 %)

Saudi Advanced Industries Co. (SAIC)


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