Advanced profit slides 81% to SAR 28.7M in 9M 2024; Q3 at SAR 45.5M

20/10/2024 Argaam Exclusive

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Advanced Petrochemical Co. posted a net profit of SAR 28.7 million in the first nine months of 2024, a fall of 81% from SAR 148.1 million in the prior-year period.

Financials (M)

Item	9m 2023	9m 2024	Change‬
Revenues	1,802.66	1,613.24	(10.5 %)
Gross Income	348.83	268.85	(22.9 %)
Operating Income	226.28	125.61	(44.5 %)
Net Income	148.13	28.71	(80.6 %)
Average Shares	260.00	260.00	-
EPS (Riyals)	0.57	0.11	(80.6 %)

The nine-month earnings were hurt by a 14% drop year-on-year (YoY) in revenue, due to scheduled maintenance during the year despite a 4% rise in net selling prices.

Advanced incurred a loss of SAR 97 million from SK Advanced Co., compared to SAR 75 million losses in 9M 2023. The petrochemical producer also reported a 9% YoY rise in propane prices.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2023	Q3 2024	Change‬
Revenues	594.25	642.96	8.2 %
Gross Income	122.05	118.94	(2.5 %)
Operating Income	79.61	75.87	(4.7 %)
Net Income	45.15	45.52	0.8 %
Average Shares	260.00	260.00	-
EPS (Riyals)	0.17	0.18	0.8 %

Item	Q2 2024	Q3 2024	Change‬
Revenues	649.06	642.96	(0.9 %)
Gross Income	122.90	118.94	(3.2 %)
Operating Income	75.08	75.87	1.0 %
Net Income	41.56	45.52	9.5 %
Average Shares	260.00	260.00	-
EPS (Riyals)	0.16	0.18	9.5 %

The third-quarter net earnings rose 0.8% to SAR 45.5 million, from SAR 45.15 million in Q3 2023, as net selling prices jumped 11% YoY despite a 3% decline in sales volumes. Advanced incurred a SAR 30 million loss from SK Advanced in Q3 2024, down from SAR 32 million in the same period of 2023.

Meanwhile, propane and propylene prices increased by 30% and 7% YoY, respectively.

Net earnings grew 9.5% quarter-on-quarter (QoQ) from SAR 41.56 million in Q2 2024, thanks to a 1% rise in sales volumes.

Shareholders’ equity, after minority interest, rose to SAR 3.21 billion as of Sept. 30, 2024, from SAR 3.20 billion in the year-earlier period.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	467.94	(30.1 %)	111.12	(26.1 %)	100.34	(27.6 %)
Q2 2015	735.37	(8.9 %)	264.00	36.9 %	253.53	38.4 %
Q3 2015	631.98	(22.9 %)	248.32	20.7 %	240.55	22.2 %
Q4 2015	541.73	(26.8 %)	160.72	(30.7 %)	148.10	(31.6 %)
2015	2,377.03	(21.7 %)	784.15	0.4 %	742.52	1.0 %
Q1 2016	488.07	4.3 %	178.90	61.0 %	147.77	47.3 %
Q2 2016	546.41	(25.7 %)	224.96	(14.8 %)	195.04	(23.1 %)
Q3 2016	528.53	(16.4 %)	225.65	(9.1 %)	196.67	(18.2 %)
Q4 2016	576.37	6.4 %	228.95	42.5 %	188.65	27.4 %
2016	2,139.37	(10.0 %)	858.46	9.5 %	728.12	(1.9 %)
Q1 2017	526.24	7.8 %	143.25	(19.9 %)	117.00	(20.8 %)
Q2 2017	604.41	10.6 %	220.13	(2.1 %)	192.07	(1.5 %)
Q3 2017	616.41	16.6 %	221.95	(1.6 %)	195.36	(0.7 %)
Q4 2017	637.48	10.6 %	152.79	(33.3 %)	115.24	(38.9 %)
2017	2,384.54	11.5 %	738.12	(14.0 %)	619.66	(14.9 %)
Q1 2018	503.82	(4.3 %)	119.14	(16.8 %)	94.71	(19.1 %)
Q2 2018	749.67	24.0 %	277.14	25.9 %	246.61	28.4 %
Q3 2018	744.94	20.9 %	218.08	(1.7 %)	190.55	(2.5 %)
Q4 2018	749.79	17.6 %	213.22	39.5 %	168.51	46.2 %
2018	2,748.21	15.3 %	827.58	12.1 %	700.38	13.0 %
Q1 2019	647.97	28.6 %	193.91	62.8 %	151.74	60.2 %
Q2 2019	680.96	(9.2 %)	246.37	(11.1 %)	207.33	(15.9 %)
Q3 2019	647.18	(13.1 %)	245.26	12.5 %	201.94	6.0 %
Q4 2019	618.40	(17.5 %)	213.67	0.2 %	171.22	1.6 %
2019	2,594.51	(5.6 %)	899.20	8.7 %	732.22	4.5 %
Q1 2020	534.52	(17.5 %)	154.37	(20.4 %)	125.20	(17.5 %)
Q2 2020	519.04	(23.8 %)	186.06	(24.5 %)	152.30	(26.5 %)
Q3 2020	544.95	(15.8 %)	171.89	(29.9 %)	140.32	(30.5 %)
Q4 2020	632.85	2.3 %	216.90	1.5 %	174.63	2.0 %
2020	2,231.35	(14.0 %)	729.22	(18.9 %)	592.45	(19.1 %)
Q1 2021	631.74	18.2 %	201.36	30.4 %	163.51	30.6 %
Q2 2021	768.80	48.1 %	326.79	75.6 %	283.91	86.4 %
Q3 2021	805.33	47.8 %	269.18	56.6 %	231.33	64.9 %
Q4 2021	905.45	43.1 %	245.28	13.1 %	185.92	6.5 %
2021	3,111.32	39.4 %	1,042.62	43.0 %	864.67	45.9 %
Q1 2022	866.31	37.1 %	210.80	4.7 %	181.94	11.3 %
Q2 2022	814.02	5.9 %	168.36	(48.5 %)	131.55	(53.7 %)
Q3 2022	656.52	(18.5 %)	89.47	(66.8 %)	55.09	(76.2 %)
Q4 2022	611.63	(32.5 %)	67.67	(72.4 %)	30.39	(83.7 %)
2022	2,948.47	(5.2 %)	536.30	(48.6 %)	398.97	(53.9 %)
Q1 2023	626.87	(27.6 %)	101.69	(51.8 %)	64.42	(64.6 %)
Q2 2023	581.54	(28.6 %)	125.09	(25.7 %)	82.25	(37.5 %)
Q3 2023	594.25	(9.5 %)	122.05	36.4 %	79.61	44.5 %
Q4 2023	570.85	(6.7 %)	98.14	45.0 %	47.27	55.5 %
2023	2,373.51	(19.5 %)	446.96	(16.7 %)	273.55	(31.4 %)
Q1 2024	321.23	(48.8 %)	27.02	(73.4 %)	(25.34)	(139.3 %)
Q2 2024	649.06	11.6 %	122.90	(1.8 %)	75.08	(8.7 %)
Q3 2024	642.96	8.2 %	118.94	(2.5 %)	75.87	(4.7 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2014	3,036.38	9.0 %	780.73	27.7 %	735.11	30.0 %
2015	2,377.03	(21.7 %)	784.15	0.4 %	742.52	1.0 %
2016	2,139.37	(10.0 %)	858.46	9.5 %	728.12	(1.9 %)
2017	2,384.54	11.5 %	738.12	(14.0 %)	619.66	(14.9 %)
2018	2,748.21	15.3 %	827.58	12.1 %	700.38	13.0 %
2019	2,594.51	(5.6 %)	899.20	8.7 %	732.22	4.5 %
2020	2,231.35	(14.0 %)	729.22	(18.9 %)	592.45	(19.1 %)
2021	3,111.32	39.4 %	1,042.62	43.0 %	864.67	45.9 %
2022	2,948.47	(5.2 %)	536.30	(48.6 %)	398.97	(53.9 %)
2023	2,373.51	(19.5 %)	446.96	(16.7 %)	273.55	(31.4 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2015	89.63	(34.8 %)	0.34	-	89.63	0.34
Q2 2015	243.15	31.7 %	0.94	-	243.15	0.94
Q3 2015	234.18	2.4 %	0.90	-	234.18	0.90
Q4 2015	146.08	(27.0 %)	0.56	-	146.08	0.56
2015	713.03	(5.1 %)	2.74	-	713.03	2.74
Q1 2016	142.86	59.4 %	0.55	(3.42)	146.28	0.56
Q2 2016	192.11	(21.0 %)	0.74	(6.76)	198.87	0.76
Q3 2016	189.10	(19.2 %)	0.73	(14.00)	203.11	0.78
Q4 2016	207.81	42.3 %	0.80	6.98	200.83	0.77
2016	731.88	2.6 %	2.81	(17.20)	749.08	2.88
Q1 2017	124.37	(12.9 %)	0.48	-	124.37	0.48
Q2 2017	194.51	1.2 %	0.75	-	194.51	0.75
Q3 2017	208.41	10.2 %	0.80	-	208.41	0.80
Q4 2017	103.83	(50.0 %)	0.40	-	103.83	0.40
2017	631.12	(13.8 %)	2.43	-	631.12	2.43
Q1 2018	97.55	(21.6 %)	0.38	-	97.55	0.38
Q2 2018	253.34	30.2 %	0.97	-	253.34	0.97
Q3 2018	202.20	(3.0 %)	0.78	-	202.20	0.78
Q4 2018	163.87	57.8 %	0.63	-	163.87	0.63
2018	716.96	13.6 %	2.76	-	716.96	2.76
Q1 2019	161.88	65.9 %	0.62	-	161.88	0.62
Q2 2019	192.31	(24.1 %)	0.74	-	192.31	0.74
Q3 2019	213.12	5.4 %	0.82	-	213.12	0.82
Q4 2019	192.01	17.2 %	0.74	-	192.01	0.74
2019	759.31	5.9 %	2.92	-	759.31	2.92
Q1 2020	104.33	(35.5 %)	0.40	-	104.33	0.40
Q2 2020	154.96	(19.4 %)	0.60	-	154.96	0.60
Q3 2020	156.50	(26.6 %)	0.60	-	156.50	0.60
Q4 2020	179.81	(6.4 %)	0.69	-	179.81	0.69
2020	595.59	(21.6 %)	2.29	-	595.59	2.29
Q1 2021	171.36	64.2 %	0.66	-	171.36	0.66
Q2 2021	264.62	70.8 %	1.02	-	264.62	1.02
Q3 2021	217.76	39.1 %	0.84	-	217.76	0.84
Q4 2021	161.66	(10.1 %)	0.62	-	161.66	0.62
2021	815.40	36.9 %	3.14	-	815.40	3.14
Q1 2022	164.35	(4.1 %)	0.63	-	164.35	0.63
Q2 2022	109.60	(58.6 %)	0.42	-	109.60	0.42
Q3 2022	26.96	(87.6 %)	0.10	-	26.96	0.10
Q4 2022	(6.41)	(104.0 %)	(0.02)	-	(6.41)	(0.02)
2022	294.50	(63.9 %)	1.13	-	294.50	1.13
Q1 2023	42.69	(74.0 %)	0.16	-	42.69	0.16
Q2 2023	60.30	(45.0 %)	0.23	-	60.30	0.23
Q3 2023	45.15	67.5 %	0.17	-	45.15	0.17
Q4 2023	22.93	457.8 %	0.09	-	22.93	0.09
2023	171.06	(41.9 %)	0.66	-	171.06	0.66
Q1 2024	(58.37)	(236.7 %)	(0.22)	-	(58.37)	(0.22)
Q2 2024	41.56	(31.1 %)	0.16	-	41.56	0.16
Q3 2024	45.52	0.8 %	0.18	-	45.52	0.18

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2014	750.95	34.9 %	2.89	27.09	723.86	2.78
2015	713.03	(5.1 %)	2.74	-	713.03	2.74
2016	731.88	2.6 %	2.81	(17.20)	749.08	2.88
2017	631.12	(13.8 %)	2.43	-	631.12	2.43
2018	716.96	13.6 %	2.76	-	716.96	2.76
2019	759.31	5.9 %	2.92	-	759.31	2.92
2020	595.59	(21.6 %)	2.29	-	595.59	2.29
2021	815.40	36.9 %	3.14	-	815.40	3.14
2022	294.50	(63.9 %)	1.13	-	294.50	1.13
2023	171.06	(41.9 %)	0.66	-	171.06	0.66

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	26.15 %	31.74 %	23.89 %
Q2 2015	29.41 %	35.36 %	26.79 %
Q3 2015	33.21 %	39.71 %	30.30 %
Q4 2015	32.99 %	40.09 %	30.00 %
2015	32.99 %	40.09 %	30.00 %
Q1 2016	35.54 %	41.88 %	32.11 %
Q2 2016	36.81 %	42.47 %	32.85 %
Q3 2016	37.55 %	41.89 %	32.99 %
Q4 2016	40.13 %	42.70 %	35.01 %
2016	40.13 %	42.70 %	35.01 %
Q1 2017	37.79 %	40.45 %	33.39 %
Q2 2017	36.59 %	39.17 %	32.33 %
Q3 2017	35.05 %	37.93 %	31.34 %
Q4 2017	30.95 %	34.04 %	26.47 %
2017	30.95 %	34.04 %	26.47 %
Q1 2018	30.23 %	33.46 %	25.58 %
Q2 2018	30.75 %	33.85 %	26.45 %
Q3 2018	29.10 %	32.22 %	24.92 %
Q4 2018	30.11 %	33.04 %	26.09 %
2018	30.11 %	33.04 %	26.09 %
Q1 2019	31.20 %	33.53 %	27.01 %
Q2 2019	30.87 %	33.03 %	25.51 %
Q3 2019	32.97 %	34.78 %	26.82 %
Q4 2019	34.66 %	36.52 %	29.27 %
2019	34.66 %	36.52 %	29.27 %
Q1 2020	34.65 %	37.15 %	28.28 %
Q2 2020	34.47 %	37.40 %	28.65 %
Q3 2020	32.75 %	36.19 %	27.42 %
Q4 2020	32.68 %	36.27 %	26.69 %
2020	32.68 %	36.27 %	26.69 %
Q1 2021	33.33 %	36.24 %	28.46 %
Q2 2021	35.56 %	37.96 %	29.95 %
Q3 2021	35.73 %	37.82 %	29.36 %
Q4 2021	33.51 %	34.90 %	26.21 %
2021	33.51 %	34.90 %	26.21 %
Q1 2022	31.44 %	33.20 %	24.16 %
Q2 2022	26.35 %	28.25 %	19.27 %
Q3 2022	22.02 %	24.09 %	14.27 %
Q4 2022	18.19 %	20.84 %	9.99 %
2022	18.19 %	20.84 %	9.99 %
Q1 2023	15.77 %	17.91 %	6.38 %
Q2 2023	15.50 %	17.12 %	4.99 %
Q3 2023	17.25 %	18.06 %	5.87 %
Q4 2023	18.83 %	19.02 %	7.21 %
2023	18.83 %	19.02 %	7.21 %
Q1 2024	18.00 %	17.56 %	3.39 %
Q2 2024	17.33 %	17.08 %	2.40 %
Q3 2024	16.80 %	16.61 %	2.36 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	25.71 %	31.08 %	23.84 %
2015	32.99 %	40.09 %	30.00 %
2016	40.13 %	42.70 %	35.01 %
2017	30.95 %	34.04 %	26.47 %
2018	30.11 %	33.04 %	26.09 %
2019	34.66 %	36.52 %	29.27 %
2020	32.68 %	36.27 %	26.69 %
2021	33.51 %	34.90 %	26.21 %
2022	18.19 %	20.84 %	9.99 %
2023	18.83 %	19.02 %	7.21 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	23.75 %	31.28 %	19.15 %
Q2 2015	35.90 %	42.32 %	33.06 %
Q3 2015	39.29 %	46.49 %	37.05 %
Q4 2015	29.67 %	37.19 %	26.96 %
Q1 2016	36.66 %	40.48 %	29.97 %
Q2 2016	41.17 %	44.83 %	36.40 %
Q3 2016	42.69 %	44.98 %	38.43 %
Q4 2016	39.72 %	40.47 %	34.84 %
Q1 2017	27.22 %	31.30 %	23.63 %
Q2 2017	36.42 %	39.68 %	32.18 %
Q3 2017	36.01 %	39.49 %	33.81 %
Q4 2017	23.97 %	25.67 %	16.29 %
Q1 2018	23.65 %	28.47 %	19.36 %
Q2 2018	36.97 %	39.77 %	33.79 %
Q3 2018	29.28 %	32.77 %	27.14 %
Q4 2018	28.44 %	29.67 %	21.86 %
Q1 2019	29.93 %	31.67 %	24.98 %
Q2 2019	36.18 %	38.30 %	28.24 %
Q3 2019	37.90 %	40.11 %	32.93 %
Q4 2019	34.55 %	35.89 %	31.05 %
Q1 2020	28.88 %	33.56 %	19.52 %
Q2 2020	35.85 %	39.77 %	29.85 %
Q3 2020	31.54 %	35.67 %	28.72 %
Q4 2020	34.27 %	36.21 %	28.41 %
Q1 2021	31.87 %	33.86 %	27.13 %
Q2 2021	42.51 %	44.41 %	34.42 %
Q3 2021	33.43 %	35.90 %	27.04 %
Q4 2021	27.09 %	26.69 %	17.85 %
Q1 2022	24.33 %	27.57 %	18.97 %
Q2 2022	20.68 %	23.16 %	13.46 %
Q3 2022	13.63 %	17.07 %	4.11 %
Q4 2022	11.06 %	12.26 %	(1.05 %)
Q1 2023	16.22 %	17.49 %	6.81 %
Q2 2023	21.51 %	21.90 %	10.37 %
Q3 2023	20.54 %	20.89 %	7.60 %
Q4 2023	17.19 %	15.83 %	4.02 %
Q1 2024	8.41 %	6.60 %	(18.17 %)
Q2 2024	18.93 %	19.88 %	6.40 %
Q3 2024	18.50 %	19.02 %	7.08 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2015	260.00	2.70	2.60	8.58
Q2 2015	260.00	2.93	2.85	9.04
Q3 2015	260.00	2.95	3.00	9.31
Q4 2015	260.00	2.74	2.74	9.65
Q1 2016	260.00	2.95	2.96	9.15
Q2 2016	260.00	2.75	2.79	9.93
Q3 2016	260.00	2.58	2.67	10.55
Q4 2016	260.00	2.81	2.88	11.68
Q1 2017	260.00	2.74	2.80	11.22
Q2 2017	260.00	2.75	2.78	10.86
Q3 2017	260.00	2.83	2.80	11.89
Q4 2017	260.00	2.43	2.43	11.97
Q1 2018	260.00	2.32	2.32	11.84
Q2 2018	260.00	2.55	2.55	12.53
Q3 2018	260.00	2.53	2.53	12.43
Q4 2018	260.00	2.76	2.76	12.40
Q1 2019	260.00	3.00	3.00	12.38
Q2 2019	260.00	2.77	2.77	12.42
Q3 2019	260.00	2.81	2.81	12.57
Q4 2019	260.00	2.92	2.92	12.89
Q1 2020	260.00	2.70	2.70	11.37
Q2 2020	260.00	2.56	2.56	11.67
Q3 2020	260.00	2.34	2.34	12.23
Q4 2020	260.00	2.29	2.29	13.15
Q1 2021	260.00	2.55	2.55	12.86
Q2 2021	260.00	2.97	2.97	13.98
Q3 2021	260.00	3.21	3.21	15.35
Q4 2021	260.00	3.14	3.14	14.36
Q1 2022	260.00	3.11	3.11	14.89
Q2 2022	260.00	2.51	2.51	13.99
Q3 2022	260.00	1.78	1.78	12.46
Q4 2022	260.00	1.13	1.13	12.46
Q1 2023	260.00	0.66	0.66	11.99
Q2 2023	260.00	0.48	0.48	12.51
Q3 2023	260.00	0.55	0.55	12.33
Q4 2023	260.00	0.66	0.66	12.42
Q1 2024	260.00	0.27	0.27	12.39
Q2 2024	260.00	0.20	0.20	12.16
Q3 2024	260.00	0.20	0.20	12.35

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	260.00	2.89	2.78	9.14
2015	260.00	2.74	2.74	9.65
2016	260.00	2.81	2.88	11.68
2017	260.00	2.43	2.43	11.97
2018	260.00	2.76	2.76	12.40
2019	260.00	2.92	2.92	12.89
2020	260.00	2.29	2.29	13.15
2021	260.00	3.14	3.14	14.36
2022	260.00	1.13	1.13	12.46
2023	260.00	0.66	0.66	12.42

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	9.69	10.06	3.05
Q2 2015	12.08	12.43	3.91
Q3 2015	9.76	9.59	3.09
Q4 2015	8.68	8.68	2.47
Q1 2016	8.79	8.75	2.83
Q2 2016	10.89	10.73	3.02
Q3 2016	11.08	10.70	2.71
Q4 2016	12.36	12.08	2.98
Q1 2017	12.73	12.49	3.11
Q2 2017	12.69	12.57	3.22
Q3 2017	12.31	12.43	2.93
Q4 2017	14.32	14.32	2.90
Q1 2018	16.28	16.28	3.20
Q2 2018	16.27	16.27	3.31
Q3 2018	16.45	16.45	3.34
Q4 2018	13.87	13.87	3.08
Q1 2019	14.01	14.01	3.40
Q2 2019	16.48	16.48	3.68
Q3 2019	14.37	14.37	3.22
Q4 2019	14.09	14.09	3.19
Q1 2020	13.74	13.74	3.26
Q2 2020	17.34	17.34	3.80
Q3 2020	21.06	21.06	4.03
Q4 2020	24.37	24.37	4.24
Q1 2021	23.86	23.86	4.73
Q2 2021	20.28	20.28	4.31
Q3 2021	19.49	19.49	4.07
Q4 2021	18.70	18.70	4.08
Q1 2022	22.67	22.67	4.73
Q2 2022	20.39	20.39	3.67
Q3 2022	25.01	25.01	3.58
Q4 2022	37.40	37.40	3.41
Q1 2023	71.91	71.91	3.99
Q2 2023	92.81	92.81	3.53
Q3 2023	73.57	73.57	3.25
Q4 2023	59.43	59.43	3.15
Q1 2024	More than 100	More than 100	3.29
Q2 2024	More than 100	More than 100	3.20
Q3 2024	More than 100	More than 100	3.14

Period	P/E	Adjusted P/E	Price/book
2014	8.78	9.11	2.77
2015	8.68	8.68	2.47
2016	12.36	12.08	2.98
2017	14.32	14.32	2.90
2018	13.87	13.87	3.08
2019	14.09	14.09	3.19
2020	24.37	24.37	4.24
2021	18.70	18.70	4.08
2022	37.52	37.52	3.41
2023	59.43	59.43	3.15

Analysts Estimates (Million)

Item	Q3 2024 (e)	Q3 2024 (a)	Change‬
Average	38.15	45.52	19.32 %

Estimates vs Actual (Million)

Item	Q3 2024 (e)	Q3 2024 (a)	Change
Goldman Sachs	44.20	45.52	3.0 %
Riyad Capital	47.00	45.52	(3.1) %
SNB Capital	42.20	45.52	7.9 %
U-Capital	49.50	45.52	(8.0) %
JP Morgan	51.00	45.52	(10.7) %
GIB Capital	38.00	45.52	19.8 %
OSOOL AND BAKHEET	58.82	45.52	(22.6) %
Value Capital	36.82	45.52	23.6 %
Bank of America	29.51	45.52	54.3 %
AlJazira Capital	29.50	45.52	54.3 %
Hermes	26.00	45.52	75.1 %
Al Rajhi Capital	25.00	45.52	82.1 %
Sico	18.40	45.52	147.4 %

Financial Ratios

	Current
Market Cap (M Riyal)	8,515.00
Enterprise Value (EV) (M)	16,556.15
Shares Outstanding ((M))	260.00
EPS ( Riyal) (TTM)	0.20
Book Value (BV) ( Riyal)	12.35
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	More than 100
P/E (TTM)	More than 100
Price/book	2.65
Return on Average Assets (%) (TTM)	0.4
Return on Average Equity (%) (TTM)	1.6

Advanced Petrochemical Co. (ADVANCED)

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Advanced profit slides 81% to SAR 28.7M in 9M 2024; Q3 at SAR 45.5M

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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

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Advanced Petrochemical Co. (ADVANCED)

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Advanced profit slides 81% to SAR 28.7M in 9M 2024; Q3 at SAR 45.5M

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

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Advanced Petrochemical Co. (ADVANCED)

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