Sumou Real Estate net profit up 2% to SAR 71.4 mln in 2020

28/02/2021 Argaam Exclusive
3

Sumou Real Estate Co. reported net profit after Zakat and tax of SAR 71.4 million in 2020, an increase of 2% from SAR 69.80 million the year earlier.

 

The profit increase was driven by an 11% drop in general and administrative expenses (G&As) and a 34% slump in financing costs.

 



Financials (M)

Item 2019 2020 Change‬
Revenues 179.99 97.16 (46.0 %)
Gross Income 97.05 87.28 (10.1 %)
Operating Income 83.50 80.02 (4.2 %)
Net Income 69.80 71.38 2.3 %
Average Shares 50.00 50.00 -
Earnings Per Share before unusual items 1.40 1.43 2.3 %
EPS (Riyals) 1.40 1.43 2.3 %


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Current
Market Cap (M Riyal) 2,132.50
Enterprise Value (EV) (M) 1,947.14
Shares Outstanding ((M)) 50.00
Book Value (BV) ( Riyal) 12.67
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 20.00
Price/book 3.37


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
H1 2011 - - - - - -
H2 2011 - - - - - -
H1 2012 - - - - - -
H2 2012 - - - - - -
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 - - - - - -
H2 2019 - - - - - -
2019 179.99 (30.2 %) 97.05 3.8 % 83.50 4.0 %
H1 2020 - - - - - -
H2 2020 - - - - - -
2020 97.16 (46.0 %) 87.28 (10.1 %) 80.02 (4.2 %)


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items Earnings Per Share before unusual items
H1 2011 - - - - - -
H2 2011 - - - - - -
H1 2012 - - - - - -
H2 2012 - - - - - -
H1 2013 - - - - - -
H2 2013 - - - - - -
H1 2014 - - - - - -
H2 2014 - - - - - -
H1 2015 - - - - - -
H2 2015 - - - - - -
H1 2016 - - - - - -
H2 2016 - - - - - -
H1 2017 - - - - - -
H2 2017 - - - - - -
H1 2018 - - - - - -
H2 2018 - - - - - -
H1 2019 - - - - - -
H2 2019 - - - - - -
2019 69.80 3.4 % 1.40 - 69.80 1.40
H1 2020 - - - - - -
H2 2020 - - - - - -
2020 71.38 2.3 % 1.43 - 71.38 1.43

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
H1 2011 - - -
H2 2011 - - -
H1 2012 - - -
H2 2012 - - -
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
H1 2015 - - -
H2 2015 - - -
H1 2016 - - -
H2 2016 - - -
H1 2017 - - -
H2 2017 - - -
H1 2018 - - -
H2 2018 - - -
H1 2019 - - -
H2 2019 - - -
H1 2020 - - -
H2 2020 - - -
2020 89.83 % 82.69 % 73.47 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Earnings Per Share before unusual items (Riyal) Book Value (BV)
H1 2011 - - - -
H2 2011 - - - -
H1 2012 - - - -
H2 2012 - - - -
H1 2013 - - - -
H2 2013 - - - -
H1 2014 - - - -
H2 2014 - - - -
H1 2015 - - - -
H2 2015 - - - -
H1 2016 - - - -
H2 2016 - - - -
H1 2017 - - - -
H2 2017 - - - -
H1 2018 - - - -
H2 2018 - - - -
H1 2019 - - - -
H2 2019 - - - -
H1 2020 - - - -
H2 2020 - - - -

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
H1 2011 - - -
H2 2011 - - -
H1 2012 - - -
H2 2012 - - -
H1 2013 - - -
H2 2013 - - -
H1 2014 - - -
H2 2014 - - -
H1 2015 - - -
H2 2015 - - -
H1 2016 - - -
H2 2016 - - -
H1 2017 - - -
H2 2017 - - -
H1 2018 - - -
H2 2018 - - -
H1 2019 - - -
H2 2019 - - -
H1 2020 - - -
H2 2020 - - -

Business Segments (Million)

Compared With The
Period Real estate contracting Real estate project management investment Joint assets and liabilities Other activities

Comments 3

1
18
3847

ابو ريم 11

منذ 1 سنه

حرفيا لقالك نتائج من خلف التريلات الى متى استخفاع عقولنا ؟؟

المصيبه تبريراتهم اقبح من نتائجهم مافي جديد العب ياله .....!

2
0
173

اول خطوة

منذ 1 سنه

الايرادات مرتفعة ماشاء الله ممتاز 

توسع الشركة في اعمالها والدخول في قطاعات اخرى ونتج عن ذلك الحصول على مشاريع جديدة ممتاز

3
2
74

ايش تنفعني الايرادات ارتفعت...

اهم شي الربحية مجدية

انخفاض الارباح  81% قويه

يعني الاعلان مثل القادم ملان خسارة 

ولنا عبره في ملان

 

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