Yaqeen Capital logs SAR 38.2M profit in 2023

08/05/2024 Argaam Exclusive

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Yaqeen Capital, which is set to be listed on the Nomu-Parallel Market, reported a profit of SAR 38.2 million in 2023, compared to SAR 3.8 million a year ago.

Financials (M)

Item	2022	2023	Change‬
Revenues	95.55	77.81	(18.6 %)
Gross Income	54.32	35.26	(35.1 %)
Operating Income	36.54	17.52	(52.1 %)
Net Income	3.82	38.23	901.2 %
Average Shares	15.00	15.00	-
EPS (Riyals)	0.25	2.55	901.2 %

Current Quarter Comparison (M)

Compared With The

Item	Q4 2022	Q4 2023	Change‬
Revenues	30.39	26.04	(14.3 %)
Gross Income	18.02	16.35	(9.3 %)
Operating Income	11.44	10.87	(5.0 %)
Net Income	0.55	4.25	676.8 %
Average Shares	15.00	15.00	-
EPS (Riyals)	0.04	0.28	676.8 %

Item	Q3 2023	Q4 2023	Change‬
Revenues	12.85	26.04	102.6 %
Gross Income	2.84	16.35	475.8 %
Operating Income	(2.01)	10.87	640.2 %
Net Income	(3.78)	4.25	212.3 %
Average Shares	15.00	15.00	-
EPS (Riyals)	(0.25)	0.28	212.3 %

Shareholders’ equity, no minority interest, rose to SAR 258.80 million by the end of 2023, compared to SAR 222.29 million in the prior-year period.

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
Q1 2014	-	-	-	-	-	-	-
Q2 2014	-	-	-	-	-	-	-
Q3 2014	-	-	-	-	-	-	-
Q4 2014	-	-	-	-	-	-	-
2014	350.60	-	273.03	-	123.70	-	8.25
Q1 2015	-	-	-	-	-	-	-
Q2 2015	-	-	-	-	-	-	-
Q3 2015	-	-	-	-	-	-	-
Q4 2015	-	-	-	-	-	-	-
2015	356.55	1.7 %	251.14	(8.0 %)	42.29	(65.8 %)	2.82
Q1 2016	-	-	-	-	-	-	-
Q2 2016	-	-	-	-	-	-	-
Q3 2016	-	-	-	-	-	-	-
Q4 2016	-	-	-	-	-	-	-
2016	29.21	(91.8 %)	(6.32)	(102.5 %)	5.20	(87.7 %)	0.35
Q1 2017	-	-	-	-	-	-	-
Q2 2017	-	-	-	-	-	-	-
Q3 2017	-	-	-	-	-	-	-
Q4 2017	-	-	-	-	-	-	-
2017	38.36	31.3 %	10.58	267.4 %	1.59	(69.4 %)	0.11
Q1 2018	-	-	-	-	-	-	-
Q2 2018	-	-	-	-	-	-	-
Q3 2018	-	-	-	-	-	-	-
Q4 2018	-	-	-	-	-	-	-
2018	34.28	(10.6 %)	6.63	(37.3 %)	(15.38)	(1067.9 %)	(1.03)
Q1 2019	-	-	-	-	-	-	-
Q2 2019	-	-	-	-	-	-	-
Q3 2019	-	-	-	-	-	-	-
Q4 2019	-	-	-	-	-	-	-
2019	49.36	44.0 %	24.71	272.6 %	9.20	159.8 %	0.61
Q1 2020	-	-	-	-	-	-	-
Q2 2020	-	-	-	-	-	-	-
Q3 2020	-	-	-	-	-	-	-
Q4 2020	-	-	-	-	-	-	-
2020	95.25	92.9 %	59.30	140.0 %	37.02	302.5 %	2.47
Q1 2021	-	-	-	-	-	-	-
Q2 2021	-	-	-	-	-	-	-
Q3 2021	-	-	-	-	-	-	-
Q4 2021	-	-	-	-	-	-	-
2021	132.44	39.0 %	90.15	52.0 %	67.22	81.5 %	4.48
Q1 2022	-	-	-	-	-	-	-
Q2 2022	-	-	-	-	-	-	-
Q3 2022	14.24	-	4.42	-	3.27	-	0.22
Q4 2022	30.39	-	18.02	-	0.55	-	0.04
2022	95.55	(27.9 %)	54.32	(39.7 %)	3.82	(94.3 %)	0.25
Q1 2023	-	-	-	-	-	-	-
Q2 2023	-	-	-	-	-	-	-
Q3 2023	12.85	(9.7 %)	2.84	(35.7 %)	(3.78)	(215.8 %)	(0.25)
Q4 2023	26.04	(14.3 %)	16.35	(9.3 %)	4.25	676.8 %	0.28
2023	77.81	(18.6 %)	35.26	(35.1 %)	38.23	901.2 %	2.55

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
2014	350.60	-	273.03	-	123.70	-	8.25
2015	356.55	1.7 %	251.14	(8.0 %)	42.29	(65.8 %)	2.82
2016	29.21	(91.8 %)	(6.32)	(102.5 %)	5.20	(87.7 %)	0.35
2017	38.36	31.3 %	10.58	267.4 %	1.59	(69.4 %)	0.11
2018	34.28	(10.6 %)	6.63	(37.3 %)	(15.38)	(1067.9 %)	(1.03)
2019	49.36	44.0 %	24.71	272.6 %	9.20	159.8 %	0.61
2020	95.25	92.9 %	59.30	140.0 %	37.02	302.5 %	2.47
2021	132.44	39.0 %	90.15	52.0 %	67.22	81.5 %	4.48
2022	95.55	(27.9 %)	54.32	(39.7 %)	3.82	(94.3 %)	0.25
2023	77.81	(18.6 %)	35.26	(35.1 %)	38.23	901.2 %	2.55

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	-	-	-
Q2 2014	-	-	-
Q3 2014	-	-	-
Q4 2014	-	-	-
2014	77.88 %	61.27 %	35.28 %
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
2015	70.44 %	35.98 %	11.86 %
Q1 2016	-	-	-
Q2 2016	-	-	-
Q3 2016	-	-	-
Q4 2016	-	-	-
2016	(21.64 %)	(240.50 %)	17.79 %
Q1 2017	-	-	-
Q2 2017	-	-	-
Q3 2017	-	-	-
Q4 2017	-	-	-
2017	27.59 %	(25.68 %)	4.14 %
Q1 2018	-	-	-
Q2 2018	-	-	-
Q3 2018	-	-	-
Q4 2018	-	-	-
2018	19.34 %	(16.05 %)	(44.86 %)
Q1 2019	-	-	-
Q2 2019	-	-	-
Q3 2019	-	-	-
Q4 2019	-	-	-
2019	50.05 %	37.20 %	18.63 %
Q1 2020	-	-	-
Q2 2020	-	-	-
Q3 2020	-	-	-
Q4 2020	-	-	-
2020	62.26 %	50.14 %	38.87 %
Q1 2021	-	-	-
Q2 2021	-	-	-
Q3 2021	-	-	-
Q4 2021	-	-	-
2021	68.07 %	60.59 %	50.75 %
Q1 2022	-	-	-
Q2 2022	-	-	-
Q3 2022	31.02 %	-	22.94 %
Q4 2022	50.26 %	35.74 %	8.55 %
2022	56.85 %	40.50 %	14.64 %
Q1 2023	-	-	-
Q2 2023	-	-	-
Q3 2023	43.96 %	-	0.05 %
Q4 2023	49.83 %	30.49 %	5.12 %
2023	45.32 %	25.54 %	10.89 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	77.88 %	61.27 %	35.28 %
2015	70.44 %	35.98 %	11.86 %
2016	(21.64 %)	(240.50 %)	17.79 %
2017	27.59 %	(25.68 %)	4.14 %
2018	19.34 %	(16.05 %)	(44.86 %)
2019	50.05 %	37.20 %	18.63 %
2020	62.26 %	50.14 %	38.87 %
2021	68.07 %	60.59 %	50.75 %
2022	56.85 %	40.50 %	14.64 %
2023	45.32 %	25.54 %	10.89 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	-	-	-
Q2 2014	-	-	-
Q3 2014	-	-	-
Q4 2014	-	-	-
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
Q1 2016	-	-	-
Q2 2016	-	-	-
Q3 2016	-	-	-
Q4 2016	-	-	-
Q1 2017	-	-	-
Q2 2017	-	-	-
Q3 2017	-	-	-
Q4 2017	-	-	-
Q1 2018	-	-	-
Q2 2018	-	-	-
Q3 2018	-	-	-
Q4 2018	-	-	-
Q1 2019	-	-	-
Q2 2019	-	-	-
Q3 2019	-	-	-
Q4 2019	-	-	-
Q1 2020	-	-	-
Q2 2020	-	-	-
Q3 2020	-	-	-
Q4 2020	-	-	-
Q1 2021	-	-	-
Q2 2021	-	-	-
Q3 2021	-	-	-
Q4 2021	-	-	-
Q1 2022	-	-	-
Q2 2022	-	-	-
Q3 2022	31.02 %	-	22.94 %
Q4 2022	59.28 %	39.44 %	1.80 %
Q1 2023	-	-	-
Q2 2023	-	-	-
Q3 2023	22.09 %	-	(29.44 %)
Q4 2023	62.79 %	44.27 %	16.32 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2014	-	-	-	-
Q2 2014	-	-	-	-
Q3 2014	-	-	-	-
Q4 2014	-	-	-	-
Q1 2015	-	-	-	-
Q2 2015	-	-	-	-
Q3 2015	-	-	-	-
Q4 2015	-	-	-	-
Q1 2016	-	-	-	-
Q2 2016	-	-	-	-
Q3 2016	-	-	-	-
Q4 2016	-	-	-	-
Q1 2017	-	-	-	-
Q2 2017	-	-	-	-
Q3 2017	-	-	-	-
Q4 2017	-	-	-	-
Q1 2018	-	-	-	-
Q2 2018	-	-	-	-
Q3 2018	-	-	-	-
Q4 2018	-	-	-	-
Q1 2019	-	-	-	-
Q2 2019	-	-	-	-
Q3 2019	-	-	-	-
Q4 2019	-	-	-	-
Q1 2020	-	-	-	-
Q2 2020	-	-	-	-
Q3 2020	-	-	-	-
Q4 2020	-	-	-	-
Q1 2021	-	-	-	-
Q2 2021	-	-	-	-
Q3 2021	-	-	-	-
Q4 2021	-	-	-	-
Q1 2022	-	-	-	-
Q2 2022	-	-	-	-
Q3 2022	15.00	0.22	0.22	14.88
Q4 2022	15.00	0.25	0.25	14.82
Q1 2023	-	-	-	-
Q2 2023	-	-	-	-
Q3 2023	15.00	0.00	0.00	17.08
Q4 2023	15.00	0.29	0.29	17.25

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	15.00	8.25	8.25	74.50
2015	15.00	2.82	2.82	78.87
2016	15.00	0.35	0.35	80.80
2017	15.00	0.11	0.11	17.60
2018	15.00	(1.03)	(1.03)	10.50
2019	15.00	0.61	0.61	10.37
2020	15.00	2.47	2.47	11.34
2021	15.00	4.48	4.48	14.66
2022	15.00	0.25	0.93	14.82
2023	15.00	2.55	0.57	17.25

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2014	-	-	-
Q2 2014	-	-	-
Q3 2014	-	-	-
Q4 2014	-	-	-
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
Q1 2016	-	-	-
Q2 2016	-	-	-
Q3 2016	-	-	-
Q4 2016	-	-	-
Q1 2017	-	-	-
Q2 2017	-	-	-
Q3 2017	-	-	-
Q4 2017	-	-	-
Q1 2018	-	-	-
Q2 2018	-	-	-
Q3 2018	-	-	-
Q4 2018	-	-	-
Q1 2019	-	-	-
Q2 2019	-	-	-
Q3 2019	-	-	-
Q4 2019	-	-	-
Q1 2020	-	-	-
Q2 2020	-	-	-
Q3 2020	-	-	-
Q4 2020	-	-	-
Q1 2021	-	-	-
Q2 2021	-	-	-
Q3 2021	-	-	-
Q4 2021	-	-	-
Q1 2022	-	-	-
Q2 2022	-	-	-
Q3 2022	-	-	-
Q4 2022	-	-	-
Q1 2023	-	-	-
Q2 2023	-	-	-
Q3 2023	-	-	-
Q4 2023	-	-	-

Period	P/E	Adjusted P/E	Price/book
2014	-	-	-
2015	-	-	-
2016	-	-	-
2017	-	-	-
2018	-	-	-
2019	-	-	-
2020	-	-	-
2021	-	-	-
2022	-	-	-
2023	-	-	-

Business Segments (Million)

Compared With The

Period	Investments	Investment banking group	Asset management	Brokerage
Q4 2022	3.09	20.20	4.98	3.00

Period	Investments	Investment banking group	Asset management	Brokerage
2020	2.07	28.38	14.44	50.36
2021	6.00	52.46	25.95	51.01
2022	5.39	51.76	23.63	18.25
2023	56.36	30.85	13.37	9.04

Financial Ratios

	Current
Market Cap (M Riyal)	467.25
Enterprise Value (EV) (M)	310.92
Shares Outstanding ((M))	15.00
Book Value (BV) ( Riyal)	17.25
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	More than 100
Price/book	1.81

Yaqeen Capital Co. (YAQEEN)

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Yaqeen Capital logs SAR 38.2M profit in 2023

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Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Business Segments (Million)

Revenue by Business Segment (Latest) 2023 Q4

Financial Ratios

Share Price

Yaqeen Capital Co. (YAQEEN)

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Yaqeen Capital logs SAR 38.2M profit in 2023

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Business Segments (Million) 2023

Revenue by Business Segment (Latest) 2023 Q4

Financial Ratios

Share Price

Yaqeen Capital Co. (YAQEEN)

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Business Segments (Million)