Group Five 2021 net profit dips 58% to SAR 35.1 mln

31/03/2022 Argaam Exclusive

View other reports

Group Five Pipe Saudi Co.’s 2021 net profit after Zakat and tax more than halved to SAR 35.1 million, compared to SAR 83.6 million a year earlier, hit by lower sales.

Financials (M)

Item	2020	2021	Change‬
Revenues	916.16	641.10	(30.0 %)
Gross Income	129.76	61.31	(52.8 %)
Operating Income	120.03	54.13	(54.9 %)
Net Income	83.61	35.12	(58.0 %)
Average Shares	28.00	28.00	-
EPS (Riyals)	2.99	1.25	(58.0 %)

Current Half Annual Comparison (M)

Compared With The

Item	H2 2020	H2 2021	Change‬
Revenues	563.33	163.28	(71.0 %)
Gross Income	85.51	20.93	(75.5 %)
Operating Income	79.52	11.86	(85.1 %)
Net Income	53.54	6.29	(88.3 %)
Average Shares	28.00	28.00	-
EPS (Riyals)	1.91	0.22	(88.3 %)

Item	H1 2021	H2 2021	Change‬
Revenues	477.82	163.28	(65.8 %)
Gross Income	40.38	20.93	(48.2 %)
Operating Income	42.27	11.86	(71.9 %)
Net Income	28.83	6.29	(78.2 %)
Average Shares	28.00	28.00	-
EPS (Riyals)	1.03	0.22	(78.2 %)

Shareholders’ equity, excluding minority interest, reached SAR 334.473 million as of Dec. 31, 2021, up from SAR 299.057 million in 2020.

View more financial results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
H1 2012	-	-	-	-	-	-
H2 2012	-	-	-	-	-	-
2012	-	-	-	-	-	-
H1 2013	-	-	-	-	-	-
H2 2013	-	-	-	-	-	-
2013	-	-	-	-	-	-
H1 2014	-	-	-	-	-	-
H2 2014	-	-	-	-	-	-
2014	-	-	-	-	-	-
H1 2015	-	-	-	-	-	-
H2 2015	-	-	-	-	-	-
2015	-	-	-	-	-	-
H1 2016	-	-	-	-	-	-
H2 2016	-	-	-	-	-	-
2016	-	-	-	-	-	-
H1 2017	-	-	-	-	-	-
H2 2017	-	-	-	-	-	-
2017	-	-	-	-	-	-
H1 2018	-	-	-	-	-	-
H2 2018	-	-	-	-	-	-
2018	95.43	-	15.39	-	6.81	-
H1 2019	-	-	-	-	-	-
H2 2019	-	-	-	-	-	-
2019	648.83	579.9 %	74.55	384.3 %	63.03	825.6 %
H1 2020	352.84	-	44.25	-	40.50	-
H2 2020	563.33	-	85.51	-	79.52	-
2020	916.16	41.2 %	129.76	74.1 %	120.03	90.4 %
H1 2021	477.82	35.4 %	40.38	(8.7 %)	42.27	4.4 %
H2 2021	163.28	(71.0 %)	20.93	(75.5 %)	11.86	(85.1 %)
2021	641.10	(30.0 %)	61.31	(52.8 %)	54.13	(54.9 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2012	-	-	-	-	-	-
2013	-	-	-	-	-	-
2014	-	-	-	-	-	-
2015	-	-	-	-	-	-
2016	-	-	-	-	-	-
2017	-	-	-	-	-	-
2018	95.43	-	15.39	-	6.81	-
2019	648.83	579.9 %	74.55	384.3 %	63.03	825.6 %
2020	916.16	41.2 %	129.76	74.1 %	120.03	90.4 %
2021	641.10	(30.0 %)	61.31	(52.8 %)	54.13	(54.9 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
H1 2012	-	-	-	-	-	-
H2 2012	-	-	-	-	-	-
2012	-	-	-	-	-	-
H1 2013	-	-	-	-	-	-
H2 2013	-	-	-	-	-	-
2013	-	-	-	-	-	-
H1 2014	-	-	-	-	-	-
H2 2014	-	-	-	-	-	-
2014	-	-	-	-	-	-
H1 2015	-	-	-	-	-	-
H2 2015	-	-	-	-	-	-
2015	-	-	-	-	-	-
H1 2016	-	-	-	-	-	-
H2 2016	-	-	-	-	-	-
2016	-	-	-	-	-	-
H1 2017	-	-	-	-	-	-
H2 2017	-	-	-	-	-	-
2017	-	-	-	-	-	-
H1 2018	-	-	-	-	-	-
H2 2018	-	-	-	-	-	-
2018	(3.62)	-	(0.13)	-	(3.62)	(0.13)
H1 2019	-	-	-	-	-	-
H2 2019	-	-	-	-	-	-
2019	39.69	1197.4 %	1.42	-	39.69	1.42
H1 2020	30.07	-	1.07	-	30.07	1.07
H2 2020	53.54	-	1.91	-	53.54	1.91
2020	83.61	110.7 %	2.99	-	83.61	2.99
H1 2021	28.83	(4.1 %)	1.03	-	28.83	1.03
H2 2021	6.29	(88.3 %)	0.22	-	6.29	0.22
2021	35.12	(58.0 %)	1.25	-	35.12	1.25

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2012	-	-	-	-	-	-
2013	-	-	-	-	-	-
2014	-	-	-	-	-	-
2015	-	-	-	-	-	-
2016	-	-	-	-	-	-
2017	-	-	-	-	-	-
2018	(3.62)	-	(0.13)	-	(3.62)	(0.13)
2019	39.69	1197.4 %	1.42	-	39.69	1.42
2020	83.61	110.7 %	2.99	-	83.61	2.99
2021	35.12	(58.0 %)	1.25	-	35.12	1.25

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
H1 2012	-	-	-
H2 2012	-	-	-
2012	-	-	-
H1 2013	-	-	-
H2 2013	-	-	-
2013	-	-	-
H1 2014	-	-	-
H2 2014	-	-	-
2014	-	-	-
H1 2015	-	-	-
H2 2015	-	-	-
2015	-	-	-
H1 2016	-	-	-
H2 2016	-	-	-
2016	-	-	-
H1 2017	-	-	-
H2 2017	-	-	-
2017	-	-	-
H1 2018	-	-	-
H2 2018	-	-	-
2018	16.13 %	17.77 %	(3.79 %)
H1 2019	-	-	-
H2 2019	-	-	-
2019	11.49 %	10.96 %	6.12 %
H1 2020	-	-	-
H2 2020	14.16 %	14.68 %	9.13 %
2020	14.16 %	14.68 %	9.13 %
H1 2021	12.09 %	13.56 %	7.91 %
H2 2021	9.56 %	11.79 %	5.48 %
2021	9.56 %	11.79 %	5.48 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2012	-	-	-
2013	-	-	-
2014	-	-	-
2015	-	-	-
2016	-	-	-
2017	-	-	-
2018	16.13 %	17.77 %	(3.79 %)
2019	11.49 %	10.96 %	6.12 %
2020	14.16 %	14.68 %	9.13 %
2021	9.56 %	11.79 %	5.48 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
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	12.54 %	13.08 %	8.52 %
H2 2020	15.18 %	15.68 %	9.50 %
H1 2021	8.45 %	11.07 %	6.03 %
H2 2021	12.82 %	13.89 %	3.85 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
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	28.00	-	-	8.81
H2 2020	28.00	2.99	2.99	10.68
H1 2021	28.00	2.94	2.94	11.71
H2 2021	28.00	1.25	1.25	11.95

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2012	-	-	-	-
2013	-	-	-	-
2014	-	-	-	-
2015	-	-	-	-
2016	-	-	-	-
2017	-	-	-	-
2018	28.00	(0.13)	(0.13)	6.31
2019	28.00	1.42	1.42	7.73
2020	28.00	2.99	2.99	10.68
2021	28.00	1.25	1.25	11.95

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
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	-	-	-
H1 2021	-	-	-
H2 2021	30.50	30.50	3.20

Period	P/E	Adjusted P/E	Price/book
2012	-	-	-
2013	-	-	-
2014	-	-	-
2015	-	-	-
2016	-	-	-
2017	-	-	-
2018	-	-	-
2019	-	-	-
2020	-	-	-
2021	30.50	30.50	3.20

Business Segments (Million)

Compared With The

Period	Pipe sales	Scrap sales and others
Q2 2020	327.47	25.37
Q4 2020	536.63	26.70
Q2 2021	453.36	24.46
Q4 2021	156.88	6.40

Period	Pipe sales	Scrap sales and others
2019	621.61	27.23
2020	864.10	52.06
2021	610.24	30.86

Financial Ratios

	Current
Market Cap (M Riyal)	1,128.40
Enterprise Value (EV) (M)	1,886.45
Shares Outstanding ((M))	28.00
Book Value (BV) ( Riyal)	11.57
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	More than 100
Price/book	3.48

Group Five Pipe Saudi Co. (GROUP FIVE)

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Group Five 2021 net profit dips 58% to SAR 35.1 mln

View other reports

Financials (M)

Current Half Annual 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 Q4

Financial Ratios

Share Price

Group Five Pipe Saudi Co. (GROUP FIVE)

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

×

Group Five 2021 net profit dips 58% to SAR 35.1 mln

View other reports

Financials (M)

Current Half Annual 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) Q4 2021

Revenue by Business Segment (Latest) 2021 Q4

Financial Ratios

Share Price

Group Five Pipe Saudi Co. (GROUP FIVE)

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Business Segments (Million)