SIECO narrows 9M 2021 loss to SAR 6.7 mln

10/11/2021 Argaam Exclusive

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Saudi Industrial Export Co. (SIECO) narrowed its net loss after Zakat and tax to SAR 6.7 million for the first nine months of 2021, from SAR 7.7 million a year earlier.

The company attributed the performance to recording impairment of trade receivables and investments in the last year, compared to the current period, despite lower sales and other revenue, as well as higher general and administrative expenses (G&As) in the current period.

Financials (M)

Item	9m 2020	9m 2021	Change‬
Revenues	35.02	15.46	(55.9 %)
Gross Income	2.31	1.49	(35.4 %)
Operating Income	(7.94)	(6.20)	22.0 %
Net Income	(7.74)	(6.71)	13.3 %
Average Shares	163.05	163.05	-
EPS (Riyals)	(0.05)	(0.04)	13.3 %

Meanwhile, SIECO turned to a net loss after Zakat and tax of SAR 2.2 million in Q3 2021, against a net profit of SAR 3.6 million in Q3 2020, due to reversal of bad debt provisions in Q3 2020, in addition to lower sales as well as increase in G&As. This is despite the increase in other revenues.

Compared to the previous quarter, the firm widened Q3 2021 losses by 17.4% from SAR 1.87 million.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2020	Q3 2021	Change‬
Revenues	11.31	3.39	(70.1 %)
Gross Income	1.68	1.05	(37.7 %)
Operating Income	4.59	(2.02)	(144.1 %)
Net Income	3.59	(2.20)	(161.2 %)
Average Shares	163.05	163.05	-
EPS (Riyals)	0.02	(0.01)	(161.2 %)

Item	Q2 2021	Q3 2021	Change‬
Revenues	4.17	3.39	(18.8 %)
Gross Income	0.14	1.05	657.2 %
Operating Income	(1.87)	(2.02)	(8.4 %)
Net Income	(1.87)	(2.20)	(17.4 %)
Average Shares	163.05	163.05	-
EPS (Riyals)	(0.01)	(0.01)	(17.4 %)

Total shareholders' equity, after minority interest, reached SAR 21.02 million at the end of the nine-month period, down 36.5% from SAR 33.12 million a year earlier.

Accumulated losses reached SAR 44.67 million, representing 68.9% of the company's capital reaching SAR 64.8 million.

View more financial results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2012	71.59	(19.2 %)	1.50	(79.1 %)	0.49	(91.6 %)
Q2 2012	71.98	(35.0 %)	1.77	(50.2 %)	0.61	(75.4 %)
Q3 2012	88.62	(11.3 %)	1.32	(13.7 %)	0.34	(44.8 %)
Q4 2012	105.17	4.0 %	2.33	84.6 %	1.18	742.5 %
2012	337.35	(15.7 %)	6.92	(48.8 %)	2.62	(70.1 %)
Q1 2013	85.71	19.7 %	3.99	165.4 %	2.90	494.0 %
Q2 2013	91.66	27.3 %	3.71	109.2 %	2.42	297.9 %
Q3 2013	55.06	(37.9 %)	2.52	91.5 %	1.51	343.3 %
Q4 2013	90.72	(13.7 %)	2.55	9.4 %	0.80	(32.2 %)
2013	323.15	(4.2 %)	12.76	84.4 %	7.64	191.6 %
Q1 2014	190.78	122.6 %	3.47	(12.9 %)	2.25	(22.3 %)
Q2 2014	127.19	38.8 %	1.66	(55.1 %)	0.53	(78.0 %)
Q3 2014	118.30	114.9 %	1.44	(42.7 %)	0.44	(71.0 %)
Q4 2014	135.40	49.2 %	0.87	(65.8 %)	(0.17)	(121.0 %)
2014	571.67	76.9 %	7.45	(41.6 %)	3.06	(60.0 %)
Q1 2015	132.16	(30.7 %)	1.18	(66.1 %)	0.02	(98.9 %)
Q2 2015	137.94	8.5 %	2.18	30.9 %	1.13	111.5 %
Q3 2015	202.10	70.8 %	3.71	156.8 %	2.35	435.5 %
Q4 2015	116.84	(13.7 %)	0.28	(68.2 %)	(1.00)	(494.9 %)
2015	589.04	3.0 %	7.34	(1.5 %)	2.50	(18.1 %)
Q1 2016	1.30	(99.0 %)	0.84	(28.3 %)	(0.27)	(1222.2 %)
Q2 2016	0.22	(99.8 %)	0.12	(94.6 %)	(1.76)	(256.3 %)
Q3 2016	0.33	(99.8 %)	0.19	(95.0 %)	(1.24)	(152.6 %)
Q4 2016	(1.23)	(101.1 %)	(0.83)	(398.9 %)	(3.51)	(250.9 %)
2016	0.62	(99.9 %)	0.32	(95.7 %)	(6.78)	(370.9 %)
Q1 2017	0.23	(82.3 %)	0.15	(82.1 %)	(1.56)	(472.4 %)
Q2 2017	0.33	51.4 %	0.09	(25.4 %)	(2.97)	(68.5 %)
Q3 2017	11.63	3381.4 %	0.29	55.1 %	(1.69)	(36.3 %)
Q4 2017	7.04	673.2 %	(3.05)	(267.3 %)	(5.60)	(59.4 %)
2017	19.22	2985.7 %	(2.52)	(895.6 %)	(11.83)	(74.6 %)
Q1 2018	8.14	3440.0 %	0.79	423.2 %	(1.41)	9.5 %
Q2 2018	32.09	9711.9 %	1.98	2147.7 %	0.35	111.8 %
Q3 2018	51.54	343.2 %	0.97	234.1 %	(0.61)	63.9 %
Q4 2018	26.51	276.6 %	(2.72)	11.0 %	(5.83)	(4.1 %)
2018	118.27	515.2 %	1.02	140.5 %	(7.51)	36.6 %
Q1 2019	18.22	123.8 %	0.28	(64.2 %)	(1.66)	(17.5 %)
Q2 2019	5.93	(81.5 %)	0.25	(87.3 %)	(3.33)	(1051.0 %)
Q3 2019	21.77	(57.8 %)	(3.41)	(451.6 %)	(4.91)	(707.1 %)
Q4 2019	22.33	(15.8 %)	(11.27)	(315.2 %)	(15.23)	(161.1 %)
2019	68.24	(42.3 %)	(14.15)	(1484.2 %)	(24.03)	(220.2 %)
Q1 2020	11.34	(37.8 %)	0.26	(9.9 %)	(1.26)	24.2 %
Q2 2020	12.37	108.7 %	0.38	49.4 %	(11.28)	(238.9 %)
Q3 2020	11.31	(48.0 %)	1.68	149.2 %	4.59	193.5 %
Q4 2020	-	-	(0.37)	96.7 %	(4.63)	69.6 %
2020	32.60	(52.2 %)	1.94	113.7 %	(12.57)	47.7 %
Q1 2021	7.90	(30.3 %)	0.31	20.0 %	(2.31)	(83.3 %)
Q2 2021	4.17	(66.3 %)	0.14	(63.2 %)	(1.87)	83.5 %
Q3 2021	3.39	(70.1 %)	1.05	(37.7 %)	(2.02)	(144.1 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2011	400.32	114.4 %	13.53	53.4 %	8.75	207.8 %
2012	337.35	(15.7 %)	6.92	(48.8 %)	2.62	(70.1 %)
2013	323.15	(4.2 %)	12.76	84.4 %	7.64	191.6 %
2014	571.67	76.9 %	7.45	(41.6 %)	3.06	(60.0 %)
2015	589.04	3.0 %	7.34	(1.5 %)	2.50	(18.1 %)
2016	0.62	(99.9 %)	0.32	(95.7 %)	(6.78)	(370.9 %)
2017	19.22	2985.7 %	(2.52)	(895.6 %)	(11.83)	(74.6 %)
2018	118.27	515.2 %	1.02	140.5 %	(7.51)	36.6 %
2019	68.24	(42.3 %)	(14.15)	(1484.2 %)	(24.03)	(220.2 %)
2020	32.60	(52.2 %)	1.94	113.7 %	(12.57)	47.7 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2012	0.44	(91.9 %)	0.00	-	0.44	0.00
Q2 2012	0.51	(74.9 %)	0.00	-	0.51	0.00
Q3 2012	1.26	(22.6 %)	0.01	-	1.26	0.01
Q4 2012	(100.37)	2.5 %	(0.75)	(100.96)	0.59	0.00
2012	(99.73)	(6.3 %)	(0.74)	(100.96)	1.23	0.01
Q1 2013	2.66	497.8 %	0.02	-	2.66	0.02
Q2 2013	2.19	332.4 %	0.02	-	2.19	0.02
Q3 2013	1.29	2.9 %	0.01	-	1.29	0.01
Q4 2013	(100.47)	(0.1 %)	(0.75)	(100.96)	0.50	0.00
2013	(94.32)	5.4 %	(0.70)	(100.96)	6.64	0.05
Q1 2014	1.71	(35.5 %)	0.01	-	1.71	0.01
Q2 2014	0.52	(76.5 %)	0.00	-	0.52	0.00
Q3 2014	0.27	(78.8 %)	0.00	-	0.27	0.00
Q4 2014	(101.29)	(0.8 %)	(0.75)	(100.96)	(0.33)	0.00
2014	(98.79)	(4.7 %)	(0.74)	(100.96)	2.17	0.02
Q1 2015	0.16	(90.4 %)	0.00	-	0.16	0.00
Q2 2015	0.79	52.8 %	0.01	-	0.79	0.01
Q3 2015	1.89	589.2 %	0.01	-	1.89	0.01
Q4 2015	(102.30)	(1.0 %)	(0.76)	(100.96)	(1.34)	(0.01)
2015	(99.46)	(0.7 %)	(0.74)	(100.96)	1.51	0.01
Q1 2016	(0.47)	(387.4 %)	0.00	-	(0.47)	0.00
Q2 2016	(0.46)	(158.0 %)	0.00	-	(0.46)	0.00
Q3 2016	(9.27)	(591.2 %)	(0.07)	(7.12)	(2.15)	(0.02)
Q4 2016	(3.39)	96.7 %	(0.03)	-	(3.39)	(0.03)
2016	(107.43)	(8.0 %)	(0.80)	(100.96)	(6.47)	(0.05)
Q1 2017	(1.80)	(282.5 %)	(0.01)	-	(1.80)	(0.01)
Q2 2017	(13.23)	(2,788.3 %)	(0.10)	(10.72)	(2.52)	(0.02)
Q3 2017	(10.63)	(14.6 %)	(0.08)	(8.51)	(2.12)	(0.02)
Q4 2017	(85.33)	(2,418.2 %)	(0.64)	(81.73)	(3.59)	(0.03)
2017	(110.99)	(3.3 %)	(0.83)	(100.96)	(10.03)	(0.07)
Q1 2018	12.61	801.5 %	0.09	14.05	(1.44)	(0.01)
Q2 2018	0.32	102.4 %	0.00	-	0.32	0.00
Q3 2018	(0.38)	96.5 %	0.00	-	(0.38)	0.00
Q4 2018	(6.13)	92.8 %	(0.04)	(0.23)	(5.90)	(0.04)
2018	6.43	105.8 %	0.04	13.82	(7.39)	(0.05)
Q1 2019	(8.53)	(167.6 %)	(0.05)	(6.86)	(1.67)	(0.01)
Q2 2019	(3.28)	(1122.1 %)	(0.02)	-	(3.28)	(0.02)
Q3 2019	1.98	627.4 %	0.01	6.86	(4.88)	(0.03)
Q4 2019	(16.13)	(163.3 %)	(0.10)	-	(16.13)	(0.10)
2019	(26.01)	(504.7 %)	(0.16)	-	(26.01)	(0.16)
Q1 2020	0.22	102.6 %	0.00	-	0.22	0.00
Q2 2020	(11.55)	(252.0 %)	(0.07)	-	(11.55)	(0.07)
Q3 2020	3.59	81.1 %	0.02	-	3.59	0.02
Q4 2020	(5.44)	66.3 %	(0.03)	-	(5.44)	(0.03)
2020	(13.18)	49.3 %	(0.08)	-	(13.18)	(0.08)
Q1 2021	(2.64)	(1288.4 %)	(0.02)	-	(2.64)	(0.02)
Q2 2021	(1.87)	83.8 %	(0.01)	-	(1.87)	(0.01)
Q3 2021	(2.20)	(161.2 %)	(0.01)	-	(2.20)	(0.01)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2011	(93.85)	5.6 %	(0.70)	(100.96)	7.11	0.05
2012	(99.73)	(6.3 %)	(0.74)	(100.96)	1.23	0.01
2013	(94.32)	5.4 %	(0.70)	(100.96)	6.64	0.05
2014	(98.79)	(4.7 %)	(0.74)	(100.96)	2.17	0.02
2015	(99.46)	(0.7 %)	(0.74)	(100.96)	1.51	0.01
2016	(107.43)	(8.0 %)	(0.80)	(100.96)	(6.47)	(0.05)
2017	(110.99)	(3.3 %)	(0.83)	(100.96)	(10.03)	(0.07)
2018	6.43	105.8 %	0.04	13.82	(7.39)	(0.05)
2019	(26.01)	(504.7 %)	(0.16)	-	(26.01)	(0.16)
2020	(13.18)	49.3 %	(0.08)	-	(13.18)	(0.08)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2012	2.05 %	0.89 %	0.55 %
Q2 2012	1.76 %	0.45 %	0.17 %
Q3 2012	1.76 %	0.38 %	0.06 %
Q4 2012	2.05 %	0.78 %	0.83 %
2012	2.05 %	0.78 %	0.36 %
Q1 2013	2.68 %	1.43 %	1.43 %
Q2 2013	3.05 %	1.85 %	1.80 %
Q3 2013	3.71 %	2.38 %	1.99 %
Q4 2013	3.95 %	2.37 %	2.05 %
2013	3.95 %	2.37 %	2.05 %
Q1 2014	2.86 %	1.63 %	1.33 %
Q2 2014	2.20 %	1.10 %	0.87 %
Q3 2014	1.73 %	0.77 %	0.57 %
Q4 2014	1.30 %	0.54 %	0.38 %
2014	1.30 %	0.54 %	0.38 %
Q1 2015	1.01 %	0.17 %	0.12 %
Q2 2015	1.08 %	0.28 %	0.17 %
Q3 2015	1.31 %	0.56 %	0.41 %
Q4 2015	1.25 %	0.43 %	0.26 %
2015	1.25 %	0.43 %	0.26 %
Q1 2016	1.53 %	-	0.19 %
Q2 2016	1.54 %	(0.21 %)	(0.12 %)
Q3 2016	1.20 %	(3.53 %)	(3.72 %)
Q4 2016	50.88 %	(1065.92 %)	(1038.76 %)
2016	50.88 %	(1045.23 %)	(1038.75 %)
Q1 2017	83.71 %	1,753.10 %	1,740.85 %
Q2 2017	120.18 %	2,665.88 %	2,925.16 %
Q3 2017	(2.76 %)	(86.06 %)	(89.65 %)
Q4 2017	(13.12 %)	(59.88 %)	(52.17 %)
2017	(13.12 %)	(59.96 %)	(52.17 %)
Q1 2018	(6.94 %)	(41.88 %)	(35.65 %)
Q2 2018	0.01 %	(13.77 %)	(11.61 %)
Q3 2018	0.69 %	(7.18 %)	(5.15 %)
Q4 2018	0.86 %	(6.10 %)	(6.25 %)
2018	0.86 %	(6.10 %)	(6.25 %)
Q1 2019	0.40 %	(5.82 %)	(5.94 %)
Q2 2019	(1.19 %)	(10.83 %)	(10.98 %)
Q3 2019	(7.72 %)	(21.12 %)	(21.71 %)
Q4 2019	(20.73 %)	(36.27 %)	(38.04 %)
2019	(20.73 %)	(34.66 %)	(38.11 %)
Q1 2020	(23.10 %)	(39.57 %)	(39.23 %)
Q2 2020	(20.72 %)	(47.44 %)	(47.69 %)
Q3 2020	(15.64 %)	(39.41 %)	(41.63 %)
Q4 2020	-	-	-
2020	5.94 %	(36.38 %)	(40.44 %)
Q1 2021	-	-	-
Q2 2021	-	-	-
Q3 2021	-	-	-

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2011	3.38 %	2.19 %	1.78 %
2012	2.05 %	0.78 %	0.36 %
2013	3.95 %	2.37 %	2.05 %
2014	1.30 %	0.54 %	0.38 %
2015	1.25 %	0.43 %	0.26 %
2016	50.88 %	(1045.23 %)	(1038.75 %)
2017	(13.12 %)	(59.96 %)	(52.17 %)
2018	0.86 %	(6.10 %)	(6.25 %)
2019	(20.73 %)	(34.66 %)	(38.11 %)
2020	5.94 %	(36.38 %)	(40.44 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2012	2.10 %	0.69 %	0.62 %
Q2 2012	2.46 %	0.85 %	0.71 %
Q3 2012	1.48 %	0.39 %	1.42 %
Q4 2012	2.22 %	1.12 %	0.56 %
Q1 2013	4.65 %	3.39 %	3.10 %
Q2 2013	4.04 %	2.65 %	2.39 %
Q3 2013	4.57 %	2.75 %	2.35 %
Q4 2013	2.81 %	0.88 %	0.55 %
Q1 2014	1.82 %	1.18 %	0.90 %
Q2 2014	1.31 %	0.42 %	0.41 %
Q3 2014	1.22 %	0.38 %	0.23 %
Q4 2014	0.65 %	(0.12 %)	(0.24 %)
Q1 2015	0.89 %	0.03 %	0.12 %
Q2 2015	1.58 %	0.83 %	0.57 %
Q3 2015	1.83 %	1.17 %	0.93 %
Q4 2015	0.24 %	(0.85 %)	(1.14 %)
Q1 2016	64.80 %	-	(36.12 %)
Q2 2016	54.63 %	(816.02 %)	(212.13 %)
Q3 2016	55.99 %	(348.17 %)	(645.18 %)
Q4 2016	67.67 %	280.33 %	275.94 %
Q1 2017	65.65 %	(646.04 %)	(781.48 %)
Q2 2017	26.91 %	(884.62 %)	(769.72 %)
Q3 2017	2.49 %	(13.83 %)	(18.23 %)
Q4 2017	(43.36 %)	(78.49 %)	(51.07 %)
Q1 2018	9.70 %	(16.43 %)	(17.71 %)
Q2 2018	6.16 %	1.13 %	1.00 %
Q3 2018	1.88 %	(1.16 %)	(0.73 %)
Q4 2018	(10.24 %)	(21.29 %)	(22.25 %)
Q1 2019	1.55 %	(8.72 %)	(9.15 %)
Q2 2019	4.23 %	(54.60 %)	(55.35 %)
Q3 2019	(15.65 %)	(22.17 %)	(22.40 %)
Q4 2019	(50.49 %)	(67.64 %)	(72.26 %)
Q1 2020	2.25 %	(9.83 %)	1.96 %
Q2 2020	3.03 %	(89.92 %)	(93.36 %)
Q3 2020	14.83 %	41.89 %	31.73 %
Q4 2020	-	-	-
Q1 2021	3.87 %	(27.05 %)	(33.47 %)
Q2 2021	3.31 %	(40.67 %)	(44.86 %)
Q3 2021	30.85 %	(54.69 %)	(64.85 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2012	134.37	(0.74)	0.02	0.89
Q2 2012	134.37	(0.75)	0.00	0.83
Q3 2012	134.37	(0.75)	0.00	0.84
Q4 2012	134.37	(0.73)	0.02	0.85
Q1 2013	134.37	(0.71)	0.04	0.86
Q2 2013	134.37	(0.70)	0.05	0.90
Q3 2013	134.37	(0.70)	0.05	0.92
Q4 2013	134.37	(0.70)	0.05	0.90
Q1 2014	134.37	(0.71)	0.04	0.92
Q2 2014	134.37	(0.72)	0.03	0.96
Q3 2014	134.37	(0.73)	0.02	0.99
Q4 2014	134.37	(0.74)	0.02	0.96
Q1 2015	134.37	(0.75)	0.00	0.95
Q2 2015	134.37	(0.74)	0.01	0.95
Q3 2015	134.37	(0.73)	0.02	0.94
Q4 2015	134.37	(0.74)	0.01	0.92
Q1 2016	134.37	(0.74)	0.01	0.90
Q2 2016	134.37	(0.75)	0.00	0.88
Q3 2016	134.37	(0.84)	(0.03)	0.84
Q4 2016	134.37	(0.10)	(0.05)	0.78
Q1 2017	134.37	(0.11)	(0.06)	0.82
Q2 2017	134.37	(0.21)	(0.07)	0.79
Q3 2017	134.37	(0.22)	(0.07)	0.73
Q4 2017	134.37	(0.83)	(0.07)	0.08
Q1 2018	134.37	(0.72)	(0.07)	0.18
Q2 2018	134.37	(0.62)	(0.05)	0.18
Q3 2018	134.37	(0.54)	(0.04)	0.18
Q4 2018	163.05	0.04	(0.05)	0.41
Q1 2019	163.05	(0.09)	(0.05)	0.36
Q2 2019	163.05	(0.11)	(0.07)	0.34
Q3 2019	163.05	(0.10)	(0.10)	0.35
Q4 2019	163.05	(0.16)	(0.16)	0.25
Q1 2020	163.05	(0.11)	(0.15)	0.33
Q2 2020	163.05	(0.16)	(0.20)	0.26
Q3 2020	163.05	(0.15)	(0.15)	0.21
Q4 2020	163.05	(0.08)	(0.08)	0.17
Q1 2021	163.05	(0.10)	(0.10)	0.15
Q2 2021	163.05	(0.04)	(0.04)	0.14
Q3 2021	163.05	(0.07)	(0.07)	0.13

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2011	134.37	(0.70)	0.05	0.86
2012	134.37	(0.74)	0.01	0.85
2013	134.37	(0.70)	0.05	0.90
2014	134.37	(0.74)	0.02	0.96
2015	134.37	(0.74)	0.01	0.92
2016	134.37	(0.80)	(0.05)	0.78
2017	134.37	(0.83)	(0.07)	0.08
2018	163.05	0.04	(0.05)	0.41
2019	163.05	(0.16)	(0.16)	0.25
2020	163.05	(0.08)	(0.08)	0.17

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2012	NEG	More than 100	5.51
Q2 2012	NEG	More than 100	6.51
Q3 2012	NEG	More than 100	8.38
Q4 2012	NEG	More than 100	10.16
Q1 2013	NEG	More than 100	13.59
Q2 2013	NEG	More than 100	6.03
Q3 2013	NEG	More than 100	5.78
Q4 2013	NEG	More than 100	5.93
Q1 2014	NEG	More than 100	7.43
Q2 2014	NEG	More than 100	7.49
Q3 2014	NEG	More than 100	8.11
Q4 2014	NEG	More than 100	4.65
Q1 2015	NEG	More than 100	6.01
Q2 2015	NEG	More than 100	6.30
Q3 2015	NEG	More than 100	4.74
Q4 2015	NEG	More than 100	5.01
Q1 2016	NEG	More than 100	5.73
Q2 2016	NEG	NEG	5.30
Q3 2016	NEG	NEG	3.59
Q4 2016	NEG	NEG	5.30
Q1 2017	NEG	NEG	4.59
Q2 2017	NEG	NEG	4.24
Q3 2017	NEG	NEG	5.09
Q4 2017	NEG	NEG	21.25
Q1 2018	NEG	NEG	17.87
Q2 2018	NEG	NEG	15.47
Q3 2018	NEG	NEG	14.24
Q4 2018	More than 100	NEG	10.14
Q1 2019	NEG	NEG	10.11
Q2 2019	NEG	NEG	10.13
Q3 2019	NEG	NEG	8.57
Q4 2019	NEG	NEG	12.37
Q1 2020	NEG	NEG	6.78
Q2 2020	NEG	NEG	9.93
Q3 2020	NEG	NEG	18.52
Q4 2020	NEG	NEG	31.09
Q1 2021	NEG	NEG	39.48
Q2 2021	NEG	NEG	38.40
Q3 2021	NEG	NEG	43.59

Period	P/E	Adjusted P/E	Price/book
2011	NEG	84.61	5.18
2012	NEG	More than 100	10.16
2013	NEG	More than 100	5.93
2014	NEG	More than 100	4.65
2015	NEG	More than 100	5.01
2016	NEG	NEG	5.30
2017	NEG	NEG	21.25
2018	More than 100	NEG	10.14
2019	NEG	NEG	12.37
2020	NEG	NEG	31.09

Business Segments (Million)

Compared With The

Period	Export Activities	Medical Supplies	Saudi for Industrial Exports - Jordan
Q3 2018	55.68	-	(4.15)
Q4 2018	26.51	-	-
Q3 2019	21.77	-	-
Q4 2019	22.33	-	-
Q1 2020	11.34	-	-
Q2 2020	14.28	-	-
Q3 2020	8.02	1.38	-
Q1 2021	7.90	-	-
Q2 2021	4.24	0.13	-
Q3 2021	3.32	-	-

Period	Export Activities	Medical Supplies	Saudi for Industrial Exports - Jordan
2018	116.85	-	1.42
2019	68.24	-	-
2020	32.05	0.55	-

Financial Ratios

	Current
Market Cap (M Riyal)	472.39
Enterprise Value (EV) (M)	371.22
Shares Outstanding ((M))	194.40
EPS ( Riyal) (TTM)	(0.09)
Book Value (BV) ( Riyal)	0.68
Par Value ( Riyal)	1.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	3.58
Return on Average Assets (%) (TTM)	(11.50 )
Return on Average Equity (%) (TTM)	(12.12 )

Saudi Industrial Export Co. (SIECO)

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SIECO narrows 9M 2021 loss to SAR 6.7 mln

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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

Business Segments (Million)

Revenue by Business Segment (Latest) 2021 Q3

Financial Ratios

Share Price

Saudi Industrial Export Co. (SIECO)

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SIECO narrows 9M 2021 loss to SAR 6.7 mln

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

Business Segments (Million) Q3 2021

Revenue by Business Segment (Latest) 2021 Q3

Financial Ratios

Share Price

Saudi Industrial Export Co. (SIECO)

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Business Segments (Million)