Tihama posts net loss at SAR 25.5m in I2 of 2013

30/06/2013 Argaam Exclusive
8

Tihama Advertising & Public Relations Company, reported SAR 25.5m net profit at the end of the first half of 2013, compared to SAR 4.5m net profit in the same period last year, as shown in the following table:



Financials (M)

Item 6m 2012 6m 2013 Change‬
Revenues 68.55 58.37 (14.8 %)
Gross Income 17.05 (3.01) (117.7 %)
Operating Income (1.35) (27.51) (1,942.5 %)
Net Income 4.50 (25.54) (667.6 %)
Average Shares 17.01 17.01 -
Earnings Per Share before unusual items 0.26 (1.50) (667.6 %)
EPS (Riyals) 0.26 (1.50) (667.6 %)


Current Quarter Comparison (M)

Compared With The
Item Q2 2012 Q2 2013 Change‬
Revenues 44.18 38.27 (13.4 %)
Gross Income 8.86 0.04 (99.5 %)
Operating Income (1.21) (12.07) (897.4 %)
Net Income 2.85 (11.68) (510.1 %)
Average Shares 17.01 17.01 -
Earnings Per Share before unusual items 0.17 (0.69) (510.0 %)
EPS (Riyals) 0.17 (0.69) (510.1 %)

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Share Price

Tihama Advertising and Public Relations Co. (TAPRCO)

Created with Highstock 6.0.710:0510:1510:2510:4011:0011:1011:3511:5512:2012:3512:5013:0013:2513:4013:5014:1014:3514:4515:1015:2016.316.32516.3516.37516.416.42516.4516.47516.516.52516.55
Close : 16.48 | Mar 27, 15:20

Current
Market Cap (M Riyal) 659.20
Enterprise Value (EV) (M) 451.08
Shares Outstanding ((M)) 40.00
EPS ( Riyal) (TTM) (0.72)
Book Value (BV) ( Riyal) 4.99
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) Neg
P/E (TTM) NEG
Price/book 3.30
Return on Average Assets (%) (TTM) (7.15 )
Return on Average Equity (%) (TTM) (8.90 )


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items Earnings Per Share before unusual items
Q1 2004 2.09 - 0.12 - 2.09 0.12
Q2 2004 3.70 - 0.22 - 3.70 0.22
Q3 2004 1.35 - 0.08 - 1.35 0.08
Q4 2004 2.56 - 0.15 - 2.56 0.15
Q1 2005 3.74 78.9 % 0.22 - 3.74 0.22
Q2 2005 3.56 (3.8 %) 0.21 - 3.56 0.21
Q3 2005 2.11 56.3 % 0.12 - 2.11 0.12
Q4 2005 2.92 14.1 % 0.17 - 2.92 0.17
Q1 2006 - - - - - -
Q2 2006 - - - - - -
Q3 2006 - - - - - -
Q4 2006 - - - - - -
Q1 2007 4.76 - 0.28 - 4.76 0.28
Q2 2007 6.27 - 0.37 - 6.27 0.37
Q3 2007 7.46 - 0.44 - 7.46 0.44
Q4 2007 9.53 - 0.56 - 9.53 0.56
Q1 2008 5.86 23.1 % 0.34 - 5.86 0.34
Q2 2008 8.50 35.7 % 0.50 - 8.50 0.50
Q3 2008 7.82 4.8 % 0.46 - 7.82 0.46
Q4 2008 7.95 (16.6 %) 0.47 - 7.95 0.47
Q1 2009 3.24 (44.7 %) 0.19 - 3.24 0.19
Q2 2009 4.07 (52.1 %) 0.24 - 4.07 0.24
Q3 2009 (9.78) (225.2 %) (0.58) (6.60) (3.18) (0.19)
Q4 2009 9.80 23.4 % 0.58 4.82 4.98 0.29
Q1 2010 6.81 110.2 % 0.40 - 6.81 0.40
Q2 2010 4.42 8.6 % 0.26 - 4.42 0.26
Q3 2010 8.36 185.5 % 0.49 - 8.36 0.49
Q4 2010 4.08 (58.4 %) 0.24 10.53 (6.45) (0.38)
Q1 2011 - - - - - -
Q2 2011 - - - - - -
Q3 2011 - - - - - -
Q4 2011 - - - - - -
Q1 2012 1.65 - 0.10 - 1.65 0.10
Q2 2012 2.85 - 0.17 - 2.85 0.17
Q3 2012 (2.44) - (0.14) - (2.44) (0.14)
Q4 2012 (1.11) - (0.07) - (1.11) (0.07)
2012 0.95 - 0.06 - 0.95 0.06
Q1 2013 (13.85) (939.5 %) (0.81) - (13.85) (0.81)
Q2 2013 (11.68) (510.1 %) (0.69) - (11.68) (0.69)



Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2004 35.83 - 5.53 - (2.02) -
Q2 2004 45.57 - 10.88 - 3.16 -
Q3 2004 35.26 - 4.05 - (0.93) -
Q4 2004 21.30 - 9.24 - (3.51) -
Q1 2005 26.41 (26.3 %) 6.97 26.0 % 0.14 106.9 %
Q2 2005 38.52 (15.5 %) 11.27 3.6 % 3.16 0.0 %
Q3 2005 28.23 (19.9 %) 8.15 101.2 % 0.73 178.5 %
Q4 2005 24.24 13.8 % 4.75 (48.6 %) (7.25) (106.6 %)
Q1 2006 - - - - - -
Q2 2006 - - - - - -
Q3 2006 - - - - - -
Q4 2006 - - - - - -
Q1 2007 26.97 - 9.02 - 1.54 -
Q2 2007 39.45 - 11.97 - 4.42 -
Q3 2007 36.26 - 10.24 - 0.96 -
Q4 2007 34.04 - 14.50 - 5.33 -
Q1 2008 32.01 18.7 % 9.03 0.1 % 2.02 31.7 %
Q2 2008 33.86 (14.2 %) 10.59 (11.6 %) 1.76 (60.2 %)
Q3 2008 44.24 22.0 % 15.28 49.2 % 4.43 360.6 %
Q4 2008 31.68 (6.9 %) 10.73 (26.0 %) 2.95 (44.6 %)
Q1 2009 25.88 (19.1 %) 6.81 (24.6 %) (0.31) (115.4 %)
Q2 2009 25.76 (23.9 %) 4.92 (53.5 %) (1.58) (189.7 %)
Q3 2009 30.19 (31.7 %) 7.69 (49.7 %) (4.56) (202.9 %)
Q4 2009 35.93 13.4 % 10.60 (1.1 %) (0.15) (105.0 %)
Q1 2010 24.73 (4.5 %) 8.71 27.9 % 0.60 293.9 %
Q2 2010 62.52 142.7 % 12.24 148.9 % 1.50 195.4 %
Q3 2010 43.57 44.3 % 11.56 50.3 % (0.96) 79.0 %
Q4 2010 36.17 0.7 % 15.53 46.4 % (1.38) (840.1 %)
Q1 2011 - - - - - -
Q2 2011 - - - - - -
Q3 2011 - - - - - -
Q4 2011 - - - - - -
Q1 2012 24.37 - 8.19 - (0.40) -
Q2 2012 44.18 - 8.86 - (1.21) -
Q3 2012 35.41 - 5.82 - (4.89) -
Q4 2012 33.42 - 4.58 - (9.43) -
2012 137.39 - 27.45 - (15.67) -
Q1 2013 20.10 (17.5 %) (3.05) (137.3 %) (15.45) (3,751.6 %)
Q2 2013 38.27 (13.4 %) 0.04 (99.5 %) (12.07) (897.4 %)

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2004 - - -
Q2 2004 - - -
Q3 2004 - - -
Q4 2004 21.53 % 12.49 % 7.03 %
Q1 2005 24.23 % 14.35 % 8.83 %
Q2 2005 25.95 % 15.08 % 9.23 %
Q3 2005 31.13 % 17.14 % 10.46 %
Q4 2005 26.52 % 12.62 % 10.50 %
Q1 2006 - - -
Q2 2006 - - -
Q3 2006 - - -
Q4 2006 - - -
Q1 2007 33.25 % 9.52 % 16.30 %
Q2 2007 32.80 % 10.11 % 17.36 %
Q3 2007 31.04 % 10.15 % 19.27 %
Q4 2007 33.45 % 14.35 % 20.49 %
Q1 2008 32.26 % 14.13 % 20.54 %
Q2 2008 32.57 % 11.86 % 23.02 %
Q3 2008 34.26 % 13.41 % 22.00 %
Q4 2008 32.17 % 11.97 % 21.24 %
Q1 2009 31.99 % 10.77 % 20.27 %
Q2 2009 29.58 % 8.66 % 18.09 %
Q3 2009 26.56 % 1.98 % 10.64 %
Q4 2009 25.49 % (5.12 %) 7.74 %
Q1 2010 27.37 % (4.45 %) 10.88 %
Q2 2010 25.58 % 0.13 % 8.50 %
Q3 2010 25.85 % 1.29 % 14.74 %
Q4 2010 28.76 % 3.34 % 7.88 %
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 35.23 % 9.88 % 10.28 %
Q2 2012 30.80 % 6.73 % 6.56 %
Q3 2012 29.39 % 9.03 % 6.21 %
Q4 2012 19.98 % 1.89 % 0.69 %
Q1 2013 12.18 % (9.78 %) (10.93 %)
Q2 2013 5.81 % (18.83 %) (22.86 %)



Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Earnings Per Share before unusual items (Riyal) Book Value (BV)
Q1 2004 17.01 - - 11.26
Q2 2004 17.01 - - 10.99
Q3 2004 17.01 - - 11.08
Q4 2004 17.01 0.57 0.57 11.15
Q1 2005 17.01 0.67 0.67 11.45
Q2 2005 17.01 0.66 0.66 11.15
Q3 2005 17.01 0.70 0.70 11.27
Q4 2005 17.01 0.73 0.73 11.40
Q1 2006 - - - -
Q2 2006 - - - -
Q3 2006 - - - -
Q4 2006 - - - -
Q1 2007 17.01 1.16 1.16 12.64
Q2 2007 17.01 1.27 1.27 12.28
Q3 2007 17.01 1.43 1.43 12.72
Q4 2007 17.01 1.65 1.65 13.27
Q1 2008 17.01 1.71 1.71 13.61
Q2 2008 17.01 1.84 1.84 13.13
Q3 2008 17.01 1.86 1.86 13.58
Q4 2008 17.01 1.77 1.77 14.05
Q1 2009 17.01 1.62 1.62 14.24
Q2 2009 17.01 1.36 1.36 13.34
Q3 2009 17.01 0.32 0.71 12.77
Q4 2009 17.01 0.43 0.54 13.35
Q1 2010 17.01 0.64 0.75 13.66
Q2 2010 17.01 0.66 0.77 14.03
Q3 2010 17.01 1.73 1.45 14.69
Q4 2010 17.01 1.39 0.77 14.57
Q1 2011 - - - -
Q2 2011 - - - -
Q3 2011 - - - -
Q4 2011 - - - -
Q1 2012 17.01 1.26 0.88 14.03
Q2 2012 17.01 0.93 0.55 14.20
Q3 2012 17.01 0.89 0.51 14.06
Q4 2012 17.01 0.06 0.06 13.92
Q1 2013 17.01 (0.86) (0.86) 13.11
Q2 2013 17.01 (1.71) (1.71) 12.42

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2004 - - 4.13
Q2 2004 - - 6.04
Q3 2004 - - 7.57
Q4 2004 More than 100 More than 100 6.33
Q1 2005 89.06 89.06 5.19
Q2 2005 More than 100 More than 100 10.39
Q3 2005 More than 100 More than 100 14.45
Q4 2005 More than 100 More than 100 19.02
Q1 2006 - - -
Q2 2006 - - -
Q3 2006 - - -
Q4 2006 - - -
Q1 2007 96.15 96.15 8.82
Q2 2007 75.53 75.53 7.83
Q3 2007 75.38 75.38 8.50
Q4 2007 68.06 68.06 8.45
Q1 2008 47.67 47.67 6.00
Q2 2008 46.43 46.43 6.52
Q3 2008 28.61 28.61 3.93
Q4 2008 23.60 23.60 2.98
Q1 2009 33.56 33.56 3.81
Q2 2009 70.41 70.41 7.16
Q3 2009 More than 100 More than 100 6.01
Q4 2009 More than 100 More than 100 4.94
Q1 2010 99.75 85.75 4.68
Q2 2010 89.02 76.86 4.20
Q3 2010 35.84 42.87 4.22
Q4 2010 55.27 99.52 5.28
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 More than 100 More than 100 13.62
Q2 2012 More than 100 More than 100 14.16
Q3 2012 More than 100 More than 100 15.44
Q4 2012 More than 100 More than 100 16.15
Q1 2013 NEG NEG 17.36
Q2 2013 NEG NEG 21.47

Business Segments (Million)

Compared With The
Period Public administration & Investments sector Library Sector Advertising and distribution sector
Q3 2006 - 10.61 38.39
Q4 2006 - 10.74 13.17
Q1 2007 - 8.61 18.36
Q2 2007 - 14.70 24.74
Q3 2007 - 12.01 24.26
Q4 2007 - 8.42 25.62
Q1 2008 - 9.39 22.62
Q2 2008 - 10.50 23.35
Q3 2008 - 17.19 27.05
Q4 2008 2.68 8.83 20.17
Q1 2009 - 8.88 17.00
Q2 2009 - 8.37 17.38
Q3 2009 - 12.98 17.22
Q4 2009 - 13.33 22.59
Q1 2010 - 4.20 20.52
Q2 2010 0.73 16.66 68.22
Q3 2010 - 9.23 35.07
Q4 2010 - 6.55 29.62
Q1 2011 - 8.75 27.05
Q2 2011 - 2.46 44.68
Q3 2011 - 6.34 32.41
Q4 2011 - 7.87 27.18
Q1 2012 - 4.12 20.25
Q2 2012 - 9.20 34.99
Q3 2012 - 5.23 30.18
Q4 2012 - 5.60 27.83
Q1 2013 - 2.19 17.92
Q2 2013 - 9.86 28.41

Comments 8

1
166
22625

إبن السعودية

منذ 2 سنه

النتائج جيده عن الربع الاول ننتظر النتائج  بعد دخولها السوق السعودي 

2
40
2794

نمو اكثر من 61% عن الممثل ولكن المشكله تراجع عن السابق بأكثر من 14% 

3
7
684

pobup

منذ 2 سنه

اللي يبغاها اليوم تحت سعر الاكتتاب ....الله يكفينا الشر

4
0
8

عرباوي

منذ 2 سنه

إن شاء الله بداية خير للسهم هذا اليوم

5
5
689

aljumaiah

منذ 2 سنه

جيد جدا . السهم جيد بعذا السعر الآن

6
10
1003

alturki2002us

منذ 2 سنه

هل تستمر الارباح؟ الله اعلم 

7
0
241

فوريفر

منذ 2 سنه

ليش السهم ماتجوب الخبر

8
44
4314

واقف على الباب

منذ 2 سنه

بمكرر ربح ٢٠ مرة المفترض ان سعر السهم بحدود ١٢٨ ريال، علماً بان مكرر ارباح السوق حالياً في حدود ١٨ مرة وليس ٢٠ 

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