Chemanol cuts H1 2024 loss to SAR 52.5M, Q2 at SAR 28.3M

01/08/2024 Argaam Exclusive

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Methanol Chemicals Co. (Chemanol) narrowed H1 2024 net losses to SAR 52.5 million from SAR 59 million in the first half of 2023.

Financials (M)

Item	6m 2023	6m 2024	Change‬
Revenues	375.08	352.31	(6.1 %)
Gross Income	32.61	46.36	42.2 %
Operating Income	(44.11)	(34.67)	21.4 %
Net Income	(59.03)	(52.50)	11.0 %
Average Shares	67.45	67.45	-
EPS (Riyals)	(0.88)	(0.78)	11.0 %

The decline in the first-half losses was attributed to a 16% rise year-on-year (YoY) in sales volumes and a 21% drop in the average prices of raw materials despite, a 40% leap in natural gas prices in early 2024.

This was offset by lower revenue on a 19% fall in average selling prices.

In the second quarter, the company slid into a deeper loss of SAR 28.2 million, compared to SAR 10.19 million in Q2 2023. Revenue shrank due to an 8% YoY drop in average selling prices.

Sales volumes also decreased by 3%. Natural gas prices also increased by 40% YoY earlier this year.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2023	Q2 2024	Change‬
Revenues	189.66	169.04	(10.9 %)
Gross Income	29.68	24.53	(17.4 %)
Operating Income	(3.48)	(18.87)	(442.4 %)
Net Income	(10.19)	(28.28)	(177.5 %)
Average Shares	67.45	67.45	-
EPS (Riyals)	(0.15)	(0.42)	(177.5 %)

Item	Q1 2024	Q2 2024	Change‬
Revenues	183.27	169.04	(7.8 %)
Gross Income	21.53	24.53	13.9 %
Operating Income	(16.10)	(18.87)	(17.1 %)
Net Income	(24.48)	(28.28)	(15.6 %)
Average Shares	67.45	67.45	-
EPS (Riyals)	(0.36)	(0.42)	(15.6 %)

Compared to Q1 2024, net losses increased by 15.5% from SAR 24.4 million as average sales volumes declined by 13% on a sequential basis despite a 6% rise in average selling prices.

Total shareholders’ equity, no minority interest, dropped to SAR 98.05 million as of June 30, 2024, from SAR 1.16 billion a year earlier.

View More Financial Results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	196.44	(15.2 %)	23.46	(63.1 %)	(6.40)	(118.3 %)
Q2 2015	196.26	(11.8 %)	25.72	(44.8 %)	(6.93)	(131.8 %)
Q3 2015	174.28	(20.8 %)	(10.79)	(122.5 %)	(35.70)	(265.1 %)
Q4 2015	166.35	(20.9 %)	(20.95)	(172.0 %)	(54.17)	(2,372.4 %)
2015	733.32	(17.1 %)	18.78	(90.0 %)	(103.20)	(235.5 %)
Q1 2016	167.21	(14.9 %)	18.29	(22.0 %)	(19.92)	(211.1 %)
Q2 2016	170.75	(13.0 %)	22.74	(11.6 %)	(19.65)	(183.4 %)
Q3 2016	133.91	(23.2 %)	9.49	188.0 %	(24.66)	30.9 %
Q4 2016	164.17	(1.3 %)	18.02	186.0 %	(21.77)	59.8 %
2016	636.04	(13.3 %)	68.55	265.1 %	(85.99)	16.7 %
Q1 2017	179.42	7.3 %	40.48	121.3 %	7.47	137.5 %
Q2 2017	175.80	3.0 %	31.42	38.2 %	(4.68)	76.2 %
Q3 2017	167.79	25.3 %	33.23	250.0 %	3.17	112.8 %
Q4 2017	160.20	(2.4 %)	27.93	55.0 %	(2.37)	89.1 %
2017	683.22	7.4 %	133.06	94.1 %	3.60	104.2 %
Q1 2018	157.17	(12.4 %)	24.81	(38.7 %)	0.51	(93.1 %)
Q2 2018	195.71	11.3 %	69.54	121.3 %	43.14	1022.4 %
Q3 2018	187.22	11.6 %	60.14	81.0 %	35.66	1026.2 %
Q4 2018	161.51	0.8 %	41.08	47.1 %	12.61	633.4 %
2018	701.61	2.7 %	195.57	47.0 %	91.92	2454.1 %
Q1 2019	154.86	(1.5 %)	34.99	41.0 %	11.40	2122.0 %
Q2 2019	150.85	(22.9 %)	30.71	(55.8 %)	3.05	(92.9 %)
Q3 2019	113.32	(39.5 %)	3.93	(93.5 %)	(20.54)	(157.6 %)
Q4 2019	108.21	(33.0 %)	(10.17)	(124.8 %)	(30.89)	(344.9 %)
2019	527.24	(24.9 %)	59.46	(69.6 %)	(36.98)	(140.2 %)
Q1 2020	120.30	(22.3 %)	4.23	(87.9 %)	(18.16)	(259.3 %)
Q2 2020	98.50	(34.7 %)	0.33	(98.9 %)	(19.68)	(745.8 %)
Q3 2020	132.28	16.7 %	(9.37)	(338.5 %)	(33.38)	(62.6 %)
Q4 2020	144.63	33.7 %	22.74	323.5 %	(2.79)	91.0 %
2020	495.71	(6.0 %)	17.93	(69.9 %)	(74.01)	(100.1 %)
Q1 2021	194.79	61.9 %	61.70	1357.7 %	36.69	302.0 %
Q2 2021	228.30	131.8 %	98.64	30156.7 %	67.18	441.4 %
Q3 2021	249.56	88.7 %	116.44	1342.6 %	85.84	357.2 %
Q4 2021	336.90	132.9 %	161.29	609.4 %	126.19	4624.7 %
2021	1,009.55	103.7 %	438.07	2343.8 %	315.90	526.8 %
Q1 2022	305.65	56.9 %	150.56	144.0 %	113.72	210.0 %
Q2 2022	325.81	42.7 %	146.64	48.7 %	104.53	55.6 %
Q3 2022	239.81	(3.9 %)	86.22	(26.0 %)	41.47	(51.7 %)
Q4 2022	205.56	(39.0 %)	28.77	(82.2 %)	(8.58)	(106.8 %)
2022	1,076.82	6.7 %	412.19	(5.9 %)	251.15	(20.5 %)
Q1 2023	185.42	(39.3 %)	2.93	(98.1 %)	(40.64)	(135.7 %)
Q2 2023	189.66	(41.8 %)	29.68	(79.8 %)	(3.48)	(103.3 %)
Q3 2023	180.77	(24.6 %)	26.46	(69.3 %)	(16.04)	(138.7 %)
Q4 2023	172.12	(16.3 %)	(46.68)	(262.2 %)	(84.92)	(889.6 %)
2023	727.97	(32.4 %)	9.39	(97.7 %)	(145.07)	(157.8 %)
Q1 2024	183.27	(1.2 %)	21.53	635.2 %	(16.10)	60.4 %
Q2 2024	169.04	(10.9 %)	24.53	(17.4 %)	(18.87)	(442.4 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2014	884.67	1.3 %	188.38	(12.7 %)	76.16	(34.7 %)
2015	733.32	(17.1 %)	18.78	(90.0 %)	(103.20)	(235.5 %)
2016	636.04	(13.3 %)	68.55	265.1 %	(85.99)	16.7 %
2017	683.22	7.4 %	133.06	94.1 %	3.60	104.2 %
2018	701.61	2.7 %	195.57	47.0 %	91.92	2454.1 %
2019	527.24	(24.9 %)	59.46	(69.6 %)	(36.98)	(140.2 %)
2020	495.71	(6.0 %)	17.93	(69.9 %)	(74.01)	(100.1 %)
2021	1,009.55	103.7 %	438.07	2343.8 %	315.90	526.8 %
2022	1,076.82	6.7 %	412.19	(5.9 %)	251.15	(20.5 %)
2023	727.97	(32.4 %)	9.39	(97.7 %)	(145.07)	(157.8 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2015	(15.14)	(162.5 %)	(0.22)	-	(15.14)	(0.22)
Q2 2015	(21.55)	(235.9 %)	(0.32)	(6.30)	(15.24)	(0.23)
Q3 2015	(42.93)	(515.2 %)	(0.64)	-	(42.93)	(0.64)
Q4 2015	(60.29)	(231.1 %)	(0.89)	-	(60.29)	(0.89)
2015	(139.91)	(534.5 %)	(2.07)	(6.30)	(133.61)	(1.98)
Q1 2016	(27.45)	(81.3 %)	(0.41)	-	(27.45)	(0.41)
Q2 2016	0.08	100.4 %	0.00	28.46	(28.38)	(0.42)
Q3 2016	(36.93)	14.0 %	(0.55)	-	(36.93)	(0.55)
Q4 2016	(37.33)	38.1 %	(0.55)	-	(37.33)	(0.55)
2016	(101.63)	27.4 %	(1.51)	28.46	(130.09)	(1.93)
Q1 2017	(5.61)	79.6 %	(0.08)	-	(5.61)	(0.08)
Q2 2017	2.62	3170.0 %	0.04	20.60	(17.98)	(0.27)
Q3 2017	(9.91)	73.2 %	(0.15)	-	(9.91)	(0.15)
Q4 2017	(14.80)	60.3 %	(0.22)	-	(14.80)	(0.22)
2017	(27.70)	72.7 %	(0.41)	20.60	(48.30)	(0.72)
Q1 2018	(10.26)	(82.9 %)	(0.15)	-	(10.26)	(0.15)
Q2 2018	31.63	1109.1 %	0.47	-	31.63	0.47
Q3 2018	22.45	326.7 %	0.33	-	22.45	0.33
Q4 2018	2.33	115.7 %	0.03	-	2.33	0.03
2018	46.15	266.6 %	0.68	-	46.15	0.68
Q1 2019	(0.31)	97.0 %	0.00	-	(0.31)	0.00
Q2 2019	(8.61)	(127.2 %)	(0.13)	-	(8.61)	(0.13)
Q3 2019	(32.33)	(244.0 %)	(0.48)	-	(32.33)	(0.48)
Q4 2019	(42.82)	(1937.9 %)	(0.63)	-	(42.82)	(0.63)
2019	(84.08)	(282.2 %)	(1.25)	-	(84.08)	(1.25)
Q1 2020	(28.60)	(9,096.1 %)	(0.42)	-	(28.60)	(0.42)
Q2 2020	(31.28)	(263.2 %)	(0.46)	-	(31.28)	(0.46)
Q3 2020	(202.45)	(526.3 %)	(3.00)	(157.10)	(45.35)	(0.67)
Q4 2020	(13.76)	67.9 %	(0.20)	-	(13.76)	(0.20)
2020	(276.09)	(228.4 %)	(4.09)	(157.10)	(119.00)	(1.76)
Q1 2021	29.88	204.5 %	0.44	-	29.88	0.44
Q2 2021	60.17	292.3 %	0.89	-	60.17	0.89
Q3 2021	74.11	136.6 %	1.10	-	74.11	1.10
Q4 2021	79.86	680.4 %	1.18	(25.01)	104.86	1.55
2021	244.00	188.4 %	3.62	(25.01)	269.01	3.99
Q1 2022	102.67	243.7 %	1.52	-	102.67	1.52
Q2 2022	92.16	53.2 %	1.37	-	92.16	1.37
Q3 2022	27.55	(62.8 %)	0.41	-	27.55	0.41
Q4 2022	(15.95)	(120.0 %)	(0.24)	-	(15.95)	(0.24)
2022	206.43	(15.4 %)	3.06	-	206.43	3.06
Q1 2023	(48.84)	(147.6 %)	(0.72)	-	(48.84)	(0.72)
Q2 2023	(10.19)	(111.1 %)	(0.15)	-	(10.19)	(0.15)
Q3 2023	(24.59)	(189.3 %)	(0.36)	-	(24.59)	(0.36)
Q4 2023	(94.18)	(490.3 %)	(1.40)	-	(94.18)	(1.40)
2023	(177.80)	(186.1 %)	(2.64)	-	(177.80)	(2.64)
Q1 2024	(24.48)	49.9 %	(0.36)	-	(24.48)	(0.36)
Q2 2024	(28.28)	(177.5 %)	(0.42)	-	(28.28)	(0.42)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2014	32.20	(55.4 %)	0.48	(5.00)	37.20	0.55
2015	(139.91)	(534.5 %)	(2.07)	(6.30)	(133.61)	(1.98)
2016	(101.63)	27.4 %	(1.51)	28.46	(130.09)	(1.93)
2017	(27.70)	72.7 %	(0.41)	20.60	(48.30)	(0.72)
2018	46.15	266.6 %	0.68	-	46.15	0.68
2019	(84.08)	(282.2 %)	(1.25)	-	(84.08)	(1.25)
2020	(276.09)	(228.4 %)	(4.09)	(157.10)	(119.00)	(1.76)
2021	244.00	188.4 %	3.62	(25.01)	269.01	3.99
2022	206.43	(15.4 %)	3.06	-	206.43	3.06
2023	(177.80)	(186.1 %)	(2.64)	-	(177.80)	(2.64)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	17.30 %	24.42 %	(0.25 %)
Q2 2015	15.32 %	22.01 %	(4.04 %)
Q3 2015	8.68 %	16.11 %	(11.13 %)
Q4 2015	2.38 %	10.09 %	(18.22 %)
2015	2.56 %	10.09 %	(18.22 %)
Q1 2016	1.74 %	8.22 %	(20.72 %)
Q2 2016	1.37 %	5.84 %	(23.44 %)
Q3 2016	4.63 %	6.81 %	(23.98 %)
Q4 2016	10.78 %	11.00 %	(20.45 %)
2016	10.78 %	11.00 %	(20.45 %)
Q1 2017	14.00 %	13.35 %	(16.70 %)
Q2 2017	15.22 %	14.23 %	(14.98 %)
Q3 2017	17.92 %	16.68 %	(10.31 %)
Q4 2017	19.48 %	18.52 %	(7.07 %)
2017	19.48 %	18.52 %	(7.07 %)
Q1 2018	17.76 %	17.95 %	(8.01 %)
Q2 2018	22.84 %	24.71 %	(0.49 %)
Q3 2018	26.05 %	28.87 %	4.14 %
Q4 2018	27.87 %	30.72 %	6.58 %
2018	27.87 %	30.72 %	6.58 %
Q1 2019	29.42 %	32.43 %	8.02 %
Q2 2019	25.51 %	28.13 %	2.42 %
Q3 2019	19.07 %	21.58 %	(6.70 %)
Q4 2019	11.28 %	15.97 %	(15.95 %)
2019	11.28 %	15.97 %	(15.95 %)
Q1 2020	5.83 %	11.64 %	(22.81 %)
Q2 2020	(0.38 %)	8.31 %	(30.67 %)
Q3 2020	(3.26 %)	5.49 %	(32.24 %)
Q4 2020	3.62 %	9.89 %	(24.01 %)
2020	3.62 %	9.89 %	(24.01 %)
Q1 2021	13.22 %	17.18 %	(10.61 %)
Q2 2021	24.82 %	25.83 %	4.42 %
Q3 2021	36.65 %	36.34 %	18.40 %
Q4 2021	43.39 %	42.45 %	26.65 %
2021	43.39 %	42.45 %	26.65 %
Q1 2022	47.03 %	45.16 %	30.51 %
Q2 2022	47.21 %	44.60 %	30.69 %
Q3 2022	45.09 %	41.26 %	27.09 %
Q4 2022	38.28 %	33.63 %	19.17 %
2022	38.28 %	33.63 %	19.17 %
Q1 2023	27.66 %	21.74 %	5.74 %
Q2 2023	17.99 %	12.10 %	(5.78 %)
Q3 2023	11.54 %	5.59 %	(13.08 %)
Q4 2023	1.70 %	(4.82 %)	(24.42 %)
2023	1.29 %	(4.86 %)	(24.42 %)
Q1 2024	4.27 %	(1.60 %)	(21.14 %)
Q2 2024	3.66 %	(3.68 %)	(24.32 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	21.29 %	27.80 %	4.20 %
2015	2.56 %	10.09 %	(18.22 %)
2016	10.78 %	11.00 %	(20.45 %)
2017	19.48 %	18.52 %	(7.07 %)
2018	27.87 %	30.72 %	6.58 %
2019	11.28 %	15.97 %	(15.95 %)
2020	3.62 %	9.89 %	(24.01 %)
2021	43.39 %	42.45 %	26.65 %
2022	38.28 %	33.63 %	19.17 %
2023	1.29 %	(4.86 %)	(24.42 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	11.94 %	19.28 %	(7.71 %)
Q2 2015	13.10 %	19.14 %	(7.77 %)
Q3 2015	(6.19 %)	4.76 %	(24.63 %)
Q4 2015	(12.59 %)	(5.86 %)	(36.24 %)
Q1 2016	10.94 %	13.03 %	(16.42 %)
Q2 2016	13.32 %	11.29 %	(16.62 %)
Q3 2016	7.09 %	9.09 %	(27.58 %)
Q4 2016	10.98 %	10.18 %	(22.74 %)
Q1 2017	22.56 %	21.38 %	(3.13 %)
Q2 2017	17.87 %	14.64 %	(10.23 %)
Q3 2017	19.80 %	20.16 %	(5.90 %)
Q4 2017	17.44 %	17.85 %	(9.24 %)
Q1 2018	15.79 %	19.41 %	(6.53 %)
Q2 2018	35.53 %	38.48 %	16.16 %
Q3 2018	32.12 %	36.19 %	11.99 %
Q4 2018	25.44 %	26.00 %	1.44 %
Q1 2019	22.59 %	26.92 %	(0.20 %)
Q2 2019	20.36 %	21.65 %	(5.71 %)
Q3 2019	3.47 %	7.88 %	(28.53 %)
Q4 2019	(9.40 %)	0.84 %	(39.57 %)
Q1 2020	3.52 %	12.35 %	(23.77 %)
Q2 2020	0.33 %	12.06 %	(31.76 %)
Q3 2020	(7.08 %)	(1.85 %)	(34.29 %)
Q4 2020	15.72 %	17.10 %	(9.51 %)
Q1 2021	31.68 %	32.73 %	15.34 %
Q2 2021	43.21 %	41.50 %	26.35 %
Q3 2021	46.66 %	45.59 %	29.70 %
Q4 2021	47.88 %	46.39 %	31.12 %
Q1 2022	49.26 %	46.20 %	33.59 %
Q2 2022	45.01 %	40.48 %	28.29 %
Q3 2022	35.95 %	28.84 %	11.49 %
Q4 2022	14.00 %	9.66 %	(7.76 %)
Q1 2023	1.58 %	(6.96 %)	(26.34 %)
Q2 2023	15.65 %	12.23 %	(5.37 %)
Q3 2023	14.64 %	6.88 %	(13.61 %)
Q4 2023	(27.12 %)	(33.57 %)	(54.72 %)
Q1 2024	11.75 %	5.76 %	(13.36 %)
Q2 2024	14.51 %	5.24 %	(16.73 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2015	67.45	(0.11)	(0.03)	22.59
Q2 2015	67.45	(0.66)	(0.49)	22.28
Q3 2015	67.45	(1.45)	(1.28)	21.64
Q4 2015	67.45	(2.07)	(1.98)	20.75
Q1 2016	67.45	(2.26)	(2.16)	17.62
Q2 2016	67.45	(1.94)	(2.36)	17.62
Q3 2016	67.45	(1.85)	(2.27)	17.07
Q4 2016	67.45	(1.51)	(1.93)	16.63
Q1 2017	67.45	(1.18)	(1.60)	16.44
Q2 2017	67.45	(1.15)	(1.45)	16.48
Q3 2017	67.45	(0.74)	(1.05)	16.33
Q4 2017	67.45	(0.41)	(0.72)	16.24
Q1 2018	67.45	(0.48)	(0.78)	16.09
Q2 2018	67.45	(0.05)	(0.05)	16.56
Q3 2018	67.45	0.43	0.43	16.89
Q4 2018	67.45	0.68	0.68	16.92
Q1 2019	67.45	0.83	0.83	16.91
Q2 2019	67.45	0.24	0.24	16.78
Q3 2019	67.45	(0.58)	(0.58)	16.29
Q4 2019	67.45	(1.25)	(1.25)	15.62
Q1 2020	67.45	(1.67)	(1.67)	15.20
Q2 2020	67.45	(2.00)	(2.00)	14.74
Q3 2020	67.45	(4.52)	(2.20)	11.73
Q4 2020	67.45	(4.09)	(1.76)	11.54
Q1 2021	67.45	(3.23)	(0.90)	11.99
Q2 2021	67.45	(1.87)	0.46	12.88
Q3 2021	67.45	2.23	2.23	13.98
Q4 2021	67.45	3.62	3.99	15.10
Q1 2022	67.45	4.70	5.07	16.62
Q2 2022	67.45	5.17	5.54	17.99
Q3 2022	67.45	4.48	4.85	18.40
Q4 2022	67.45	3.06	3.06	18.11
Q1 2023	67.45	0.81	0.81	17.39
Q2 2023	67.45	(0.70)	(0.70)	17.24
Q3 2023	67.45	(1.48)	(1.48)	16.87
Q4 2023	67.45	(2.64)	(2.64)	15.43
Q1 2024	67.45	(2.27)	(2.27)	15.06
Q2 2024	67.45	(2.54)	(2.54)	14.65

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	67.45	0.48	0.55	22.85
2015	67.45	(2.07)	(1.98)	20.75
2016	67.45	(1.51)	(1.93)	16.63
2017	67.45	(0.41)	(0.72)	16.24
2018	67.45	0.68	0.68	16.92
2019	67.45	(1.25)	(1.25)	15.62
2020	67.45	(4.09)	(1.76)	11.54
2021	67.45	3.62	3.99	15.10
2022	67.45	3.06	3.06	18.11
2023	67.45	(2.64)	(2.64)	15.43

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	NEG	NEG	1.09
Q2 2015	NEG	NEG	1.05
Q3 2015	NEG	NEG	0.75
Q4 2015	NEG	NEG	0.62
Q1 2016	NEG	NEG	0.58
Q2 2016	NEG	NEG	0.71
Q3 2016	NEG	NEG	0.56
Q4 2016	NEG	NEG	0.86
Q1 2017	NEG	NEG	0.76
Q2 2017	NEG	NEG	0.72
Q3 2017	NEG	NEG	0.77
Q4 2017	NEG	NEG	1.10
Q1 2018	NEG	NEG	1.14
Q2 2018	NEG	NEG	1.03
Q3 2018	50.86	50.86	1.30
Q4 2018	24.22	24.22	0.98
Q1 2019	21.54	21.54	1.06
Q2 2019	67.07	67.07	0.94
Q3 2019	NEG	NEG	0.88
Q4 2019	NEG	NEG	0.96
Q1 2020	NEG	NEG	0.72
Q2 2020	NEG	NEG	0.83
Q3 2020	NEG	NEG	2.03
Q4 2020	NEG	NEG	2.00
Q1 2021	NEG	NEG	2.11
Q2 2021	NEG	54.74	1.95
Q3 2021	16.08	16.08	2.57
Q4 2021	9.95	9.03	2.38
Q1 2022	9.57	8.87	2.70
Q2 2022	7.13	6.65	2.05
Q3 2022	7.25	6.70	1.77
Q4 2022	8.27	8.27	1.40
Q1 2023	30.02	30.02	1.41
Q2 2023	NEG	NEG	1.46
Q3 2023	NEG	NEG	1.35
Q4 2023	NEG	NEG	1.31
Q1 2024	NEG	NEG	1.12
Q2 2024	NEG	NEG	1.03

Period	P/E	Adjusted P/E	Price/book
2014	44.31	38.35	0.93
2015	NEG	NEG	0.62
2016	NEG	NEG	0.86
2017	NEG	NEG	1.10
2018	24.22	24.22	0.98
2019	NEG	NEG	0.96
2020	NEG	NEG	2.00
2021	9.95	9.03	2.38
2022	8.27	8.27	1.40
2023	NEG	NEG	1.31

Financial Ratios

	Current
Market Cap (M Riyal)	1,226.24
Enterprise Value (EV) (M)	1,650.18
Shares Outstanding ((M))	67.45
EPS ( Riyal) (TTM)	(2.54)
Book Value (BV) ( Riyal)	14.29
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	1.27
Return on Average Assets (%) (TTM)	(9.06 )
Return on Average Equity (%) (TTM)	(16.31 )

Methanol Chemicals Co. (CHEMANOL)

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Chemanol cuts H1 2024 loss to SAR 52.5M, Q2 at SAR 28.3M

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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

Methanol Chemicals Co. (CHEMANOL)

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Chemanol cuts H1 2024 loss to SAR 52.5M, Q2 at SAR 28.3M

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

Methanol Chemicals Co. (CHEMANOL)

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