Northern Cement’s Q1 profit drops 15% to SAR 43 mln

19/04/2016 Argaam Exclusive

View other reports

 

Northern Region Cement Co. reported a net profit of SAR 42.9 million in the first quarter of this year, a decline of 15.3 percent year-on-year (YoY), mainly due to lower sales. 

 

This quarter’s profit, however, grew by 8.3 percent compared to the previous, driven by lower selling and distribution expenses.  



Current Quarter Comparison (M)

Compared With The
Item Q1 2015 Q1 2016 Change‬
Revenues 253.13 231.14 (8.7 %)
Gross Income 100.51 76.07 (24.3 %)
Operating Income 59.65 53.78 (9.8 %)
Net Income 50.63 42.91 (15.3 %)
Average Shares 180.00 180.00 -
EPS (Riyals) 0.28 0.24 (15.3 %)


Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Riyal)
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 - - - - - - -
Q4 2010 - - - - - - -
Q1 2011 - - - - - - -
Q2 2011 - - - - - - -
Q3 2011 - - - - - - -
Q4 2011 - - - - - - -
Q1 2012 152.74 - 50.70 - 39.47 - 0.22
Q2 2012 154.83 - 39.20 - 28.73 - 0.16
Q3 2012 118.55 - 16.67 - 7.28 - 0.04
Q4 2012 112.52 - 30.75 - 17.94 - 0.10
Q1 2013 181.77 19.0 % 56.90 12.2 % 42.79 8.4 % 0.24
Q2 2013 255.94 65.3 % 97.75 149.3 % 90.20 213.9 % 0.50
Q3 2013 167.45 41.3 % 59.46 256.6 % 50.04 587.1 % 0.28
Q4 2013 247.28 119.8 % 140.41 356.6 % 51.58 187.6 % 0.29
Q1 2014 308.53 69.7 % 116.34 104.5 % 60.76 42.0 % 0.34
Q2 2014 229.75 (10.2 %) 88.24 (9.7 %) 62.09 (31.2 %) 0.34
Q3 2014 203.39 21.5 % 78.10 31.4 % 51.35 2.6 % 0.29
Q4 2014 257.47 4.1 % 110.72 (21.1 %) 25.81 (50.0 %) 0.14
Q1 2015 253.13 (18.0 %) 100.51 (13.6 %) 50.63 (16.7 %) 0.28
Q2 2015 324.34 41.2 % 133.49 51.3 % 64.03 3.1 % 0.36
Q3 2015 274.92 35.2 % 107.83 38.1 % 52.64 2.5 % 0.29
Q4 2015 277.41 7.7 % 89.57 (19.1 %) 39.62 53.5 % 0.22
Q1 2016 231.14 (8.7 %) 76.07 (24.3 %) 42.91 (15.3 %) 0.24

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
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 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 25.50 % 32.44 % 17.34 %
Q1 2013 25.28 % 31.98 % 17.04 %
Q2 2013 30.21 % 36.51 % 23.66 %
Q3 2013 34.12 % 41.22 % 28.00 %
Q4 2013 41.59 % 39.64 % 27.52 %
Q1 2014 42.27 % 37.12 % 25.80 %
Q2 2014 42.44 % 36.65 % 23.55 %
Q3 2014 42.78 % 36.24 % 22.83 %
Q4 2014 39.37 % 37.45 % 23.02 %
Q1 2015 40.01 % 39.04 % 23.30 %
Q2 2015 40.72 % 36.61 % 22.04 %
Q3 2015 40.77 % 35.37 % 20.73 %
Q4 2015 38.18 % 32.38 % 18.99 %
Q1 2016 36.73 % 31.96 % 18.67 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
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 - - - -
Q4 2010 - - - -
Q1 2011 - - - -
Q2 2011 - - - -
Q3 2011 - - - -
Q4 2011 - - - -
Q1 2012 180.00 - - 7.86
Q2 2012 180.00 - - 7.90
Q3 2012 180.00 - - 7.78
Q4 2012 180.00 0.52 0.52 7.88
Q1 2013 180.00 0.54 0.54 12.96
Q2 2013 180.00 0.88 0.88 12.76
Q3 2013 180.00 1.12 1.12 12.04
Q4 2013 180.00 1.30 1.30 12.28
Q1 2014 180.00 1.40 1.40 11.62
Q2 2014 180.00 1.25 1.25 11.96
Q3 2014 180.00 1.25 1.25 11.25
Q4 2014 180.00 1.11 1.28 11.39
Q1 2015 180.00 1.05 1.22 11.67
Q2 2015 180.00 1.07 1.27 11.13
Q3 2015 180.00 1.07 1.28 10.82
Q4 2015 180.00 1.15 1.19 11.04
Q1 2016 180.00 1.11 1.15 10.78

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
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 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 35.07 35.07 1.45
Q2 2013 23.61 23.61 1.63
Q3 2013 20.42 20.42 1.89
Q4 2013 17.76 17.76 1.89
Q1 2014 17.07 17.07 2.06
Q2 2014 20.30 20.30 2.12
Q3 2014 21.54 21.54 2.40
Q4 2014 19.00 16.52 1.85
Q1 2015 21.16 18.27 1.91
Q2 2015 20.72 17.37 1.98
Q3 2015 15.78 13.24 1.56
Q4 2015 13.00 12.53 1.35
Q1 2016 11.15 10.74 1.14

Analysts Estimates (Million)

Item Q1 2016 (e) Q1 2016 (a) Change‬
Average 44.67 42.91 (3.9 %)

Estimates vs Actual (Million)

Item Q1 2016 (e) Q1 2016 (a) Change
OSOOL AND BAKHEET 42.20 42.91 1.7 %
Value Capital 45.20 42.91 (5.1) %
AlJazira Capital 46.60 42.91 (7.9) %


Financial Ratios
Current
Market Cap (M Riyal) 1,629.00
Enterprise Value (EV) (M) 2,350.46
Shares Outstanding ((M)) 180.00
EPS ( Riyal) (TTM) 0.48
Book Value (BV) ( Riyal) 12.48
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 39.70
P/E (TTM) 18.84
Price/book 0.73
Return on Average Assets (%) (TTM) 2.5
Return on Average Equity (%) (TTM) 3.8
more

Share Price

Northern Region Cement Co.
9.05
0.01 0.11 %

Northern Region Cement Co. (NORTHERN CEMENT)

More

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
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.