Takween turns to loss of SAR 158.9 mln in 2022; Q4 loss at SAR 113.1 mln

13/03/2023 Argaam Exclusive

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Takween Advanced Industries Co. reported a net loss of SAR 158.9 million for 2022, against a net profit of SAR 19 million a year earlier.

Financials (M)

Item	2021	2022	Change‬
Revenues	838.56	1,045.40	24.7 %
Gross Income	51.92	32.55	(37.3 %)
Operating Income	(60.27)	(117.06)	(94.2 %)
Net Income	19.03	(158.92)	(935.3 %)
Average Shares	57.86	57.86	-
EPS (Riyals)	0.33	(2.75)	(935.3 %)

The company attributed the losses to realizing an impairment loss on machine lines and related molds with total value SAR 50.4 million as per the IFRS 36, higher cost of revenue due to increase of raw material cost, in addition to higher selling and distribution expenses, financial charges and incurring wider loss from associate.

This was partially offset by an increase in sales revenue and a decrease in general and administrative expenses. Meanwhile, 2021 included a capital gain amount of SAR 53.1 million from disposal of the majority 70% share capital of SAAF Co.

The company widened its net loss for Q4 2022 to SAR 113.1 million from SAR 31.3 million in the same period a year earlier.

Takween extended its losses in Q4 2022 from SAR 21.8 million in Q3 2022.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2021	Q4 2022	Change‬
Revenues	207.74	235.51	13.4 %
Gross Income	4.04	(16.66)	(512.1 %)
Operating Income	(29.42)	(98.33)	(234.2 %)
Net Income	(31.34)	(113.07)	(260.7 %)
Average Shares	57.86	57.86	-
EPS (Riyals)	(0.54)	(1.95)	(260.7 %)

Item	Q3 2022	Q4 2022	Change‬
Revenues	273.99	235.51	(14.0 %)
Gross Income	11.99	(16.66)	(239.0 %)
Operating Income	(10.56)	(98.33)	(830.8 %)
Net Income	(21.89)	(113.07)	(416.5 %)
Average Shares	57.86	57.86	-
EPS (Riyals)	(0.38)	(1.95)	(416.5 %)

Total shareholders’ equity, no minority interest, fell to SAR 434.62 million as of Dec. 31, 2022, from SAR 606.96 million a year earlier.

Accumulated losses stood at SAR 459.6 million as of Dec. 31, 2022, representing 48.38% of capital.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2013	180.66	21.3 %	30.71	13.4 %	19.94	19.9 %
Q2 2013	193.99	9.3 %	26.22	(21.4 %)	13.38	(41.8 %)
Q3 2013	192.23	5.0 %	26.96	(19.3 %)	14.57	(34.7 %)
Q4 2013	164.14	2.4 %	11.42	(60.3 %)	(1.26)	(105.5 %)
2013	731.02	9.2 %	95.31	(22.3 %)	46.64	(45.0 %)
Q1 2014	173.69	(3.9 %)	22.19	(27.8 %)	7.85	(60.6 %)
Q2 2014	207.29	6.9 %	29.48	12.4 %	10.76	(19.6 %)
Q3 2014	194.64	1.3 %	35.61	32.1 %	17.71	21.5 %
Q4 2014	192.06	17.0 %	32.66	186.0 %	19.10	1622.1 %
2014	767.68	5.0 %	121.29	27.3 %	56.86	21.9 %
Q1 2015	419.32	141.4 %	27.89	25.7 %	(21.42)	(372.9 %)
Q2 2015	477.02	130.1 %	77.15	161.8 %	38.79	260.4 %
Q3 2015	459.48	136.1 %	55.72	56.5 %	17.88	0.9 %
Q4 2015	362.65	88.8 %	17.16	(47.4 %)	(21.39)	(212.0 %)
2015	1,718.47	123.9 %	179.61	48.1 %	13.69	(75.9 %)
Q1 2016	352.67	(15.9 %)	57.52	106.3 %	20.98	197.9 %
Q2 2016	403.97	(15.3 %)	78.13	1.3 %	31.46	(18.9 %)
Q3 2016	378.89	(17.5 %)	47.89	(14.1 %)	30.07	68.2 %
Q4 2016	280.07	(22.8 %)	18.03	5.1 %	(46.91)	(119.3 %)
2016	1,415.60	(17.6 %)	201.58	12.2 %	35.60	160.0 %
Q1 2017	302.42	(14.2 %)	42.00	(27.0 %)	4.66	(77.8 %)
Q2 2017	331.85	(17.9 %)	37.28	(52.3 %)	(1.84)	(105.9 %)
Q3 2017	334.21	(11.8 %)	4.83	(89.9 %)	(39.44)	(231.2 %)
Q4 2017	262.02	(6.4 %)	(21.77)	(220.7 %)	(82.33)	(75.5 %)
2017	1,230.49	(13.1 %)	62.34	(69.1 %)	(118.95)	(434.1 %)
Q1 2018	307.33	1.6 %	26.41	(37.1 %)	(0.58)	(112.5 %)
Q2 2018	374.91	13.0 %	47.45	27.3 %	13.39	827.4 %
Q3 2018	370.80	10.9 %	46.67	867.2 %	12.79	132.4 %
Q4 2018	290.72	11.0 %	7.86	136.1 %	(20.78)	74.8 %
2018	1,343.76	9.2 %	128.38	105.9 %	4.81	104.0 %
Q1 2019	303.47	(1.3 %)	32.98	24.9 %	(0.43)	26.0 %
Q2 2019	319.15	(14.9 %)	30.74	(35.2 %)	(2.83)	(121.1 %)
Q3 2019	314.67	(15.1 %)	16.75	(64.1 %)	(15.20)	(218.9 %)
Q4 2019	252.16	(13.3 %)	(8.54)	(208.6 %)	(34.37)	(65.4 %)
2019	923.78	(31.3 %)	55.51	(56.8 %)	(41.19)	(956.0 %)
Q1 2020	200.64	(33.9 %)	18.88	(42.7 %)	(5.58)	(1,191.4 %)
Q2 2020	198.54	(37.8 %)	20.36	(33.8 %)	(1.46)	48.4 %
Q3 2020	183.34	(41.7 %)	17.91	6.9 %	(8.90)	41.4 %
Q4 2020	171.66	(31.9 %)	0.25	103.0 %	(15.85)	53.9 %
2020	754.18	(18.4 %)	57.41	3.4 %	(31.87)	22.6 %
Q1 2021	186.31	(7.1 %)	11.63	(38.4 %)	(12.66)	(126.9 %)
Q2 2021	222.05	11.8 %	12.09	(40.6 %)	(9.57)	(555.1 %)
Q3 2021	222.45	21.3 %	24.14	34.8 %	(8.62)	3.1 %
Q4 2021	207.74	21.0 %	4.04	1498.0 %	(29.42)	(85.7 %)
2021	838.56	11.2 %	51.92	(9.6 %)	(60.27)	(89.1 %)
Q1 2022	249.65	34.0 %	20.68	77.7 %	(3.72)	70.6 %
Q2 2022	286.25	28.9 %	16.54	36.8 %	(4.44)	53.6 %
Q3 2022	273.99	23.2 %	11.99	(50.3 %)	(10.56)	(22.6 %)
Q4 2022	235.51	13.4 %	(16.66)	(512.1 %)	(98.33)	(234.2 %)
2022	1,045.40	24.7 %	32.55	(37.3 %)	(117.06)	(94.2 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2013	731.02	9.2 %	95.31	(22.3 %)	46.64	(45.0 %)
2014	767.68	5.0 %	121.29	27.3 %	56.86	21.9 %
2015	1,718.47	123.9 %	179.61	48.1 %	13.69	(75.9 %)
2016	1,415.60	(17.6 %)	201.58	12.2 %	35.60	160.0 %
2017	1,230.49	(13.1 %)	62.34	(69.1 %)	(118.95)	(434.1 %)
2018	1,343.76	9.2 %	128.38	105.9 %	4.81	104.0 %
2019	923.78	(31.3 %)	55.51	(56.8 %)	(41.19)	(956.0 %)
2020	754.18	(18.4 %)	57.41	3.4 %	(31.87)	22.6 %
2021	838.56	11.2 %	51.92	(9.6 %)	(60.27)	(89.1 %)
2022	1,045.40	24.7 %	32.55	(37.3 %)	(117.06)	(94.2 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2013	18.24	36.5 %	0.61	2.20	16.04	0.54
Q2 2013	16.85	(20.3 %)	0.57	7.30	9.55	0.32
Q3 2013	10.78	(43.2 %)	0.36	4.47	6.31	0.21
Q4 2013	(1.47)	(106.7 %)	(0.05)	4.97	(6.46)	(0.22)
2013	44.39	(41.1 %)	1.49	18.95	25.44	0.86
Q1 2014	8.80	(51.8 %)	0.30	4.94	3.86	0.13
Q2 2014	27.85	65.3 %	0.94	22.11	5.74	0.19
Q3 2014	19.44	80.4 %	0.65	11.74	7.70	0.26
Q4 2014	(0.76)	48.3 %	(0.03)	(19.23)	18.47	0.62
2014	55.32	24.6 %	1.86	19.56	35.77	1.20
Q1 2015	(15.49)	(276.0 %)	(0.52)	14.17	(29.65)	(1.00)
Q2 2015	28.03	0.7 %	0.94	-	28.03	0.94
Q3 2015	(2.27)	(111.7 %)	(0.08)	-	(2.27)	(0.08)
Q4 2015	(37.73)	(4,865.0 %)	(1.27)	-	(37.73)	(1.27)
2015	(27.12)	(149.0 %)	(0.91)	14.17	(41.29)	(1.39)
Q1 2016	1.88	112.1 %	0.06	-	1.88	0.06
Q2 2016	12.50	(55.4 %)	0.42	-	12.50	0.42
Q3 2016	4.35	291.2 %	0.15	-	4.35	0.15
Q4 2016	(80.82)	(114.2 %)	(1.40)	(24.24)	(56.59)	(0.98)
2016	(62.09)	(128.9 %)	(1.07)	(24.24)	(37.86)	(0.65)
Q1 2017	(8.91)	(573.7 %)	(0.15)	-	(8.91)	(0.15)
Q2 2017	(12.67)	(201.3 %)	(0.22)	-	(12.67)	(0.22)
Q3 2017	(49.09)	(1229.6 %)	(0.85)	-	(49.09)	(0.85)
Q4 2017	(97.57)	(20.7 %)	(1.69)	-	(97.57)	(1.69)
2017	(168.24)	(170.9 %)	(2.91)	-	(168.24)	(2.91)
Q1 2018	(0.84)	90.6 %	(0.01)	-	(0.84)	(0.01)
Q2 2018	2.89	122.8 %	0.05	-	2.89	0.05
Q3 2018	0.44	100.9 %	0.01	-	0.44	0.01
Q4 2018	(42.23)	56.7 %	(0.73)	-	(42.23)	(0.73)
2018	(39.73)	76.4 %	(0.69)	-	(39.73)	(0.69)
Q1 2019	(12.55)	(1,401.0 %)	(0.22)	-	(12.55)	(0.22)
Q2 2019	(13.03)	(550.6 %)	(0.23)	-	(13.03)	(0.23)
Q3 2019	(28.77)	(6608.6 %)	(0.50)	-	(28.77)	(0.50)
Q4 2019	(42.37)	(0.3 %)	(0.73)	(19.25)	(23.12)	(0.40)
2019	(96.72)	(143.4 %)	(1.67)	(19.25)	(77.47)	(1.34)
Q1 2020	(18.79)	(49.8 %)	(0.32)	-	(18.79)	(0.32)
Q2 2020	10.03	177.0 %	0.17	-	10.03	0.17
Q3 2020	6.14	121.4 %	0.11	-	6.14	0.11
Q4 2020	(3.40)	92.0 %	(0.06)	-	(3.40)	(0.06)
2020	(6.01)	93.8 %	(0.10)	-	(6.01)	(0.10)
Q1 2021	2.16	111.5 %	0.04	-	2.16	0.04
Q2 2021	7.87	(21.5 %)	0.14	-	7.87	0.14
Q3 2021	40.34	556.6 %	0.70	53.12	(12.78)	(0.22)
Q4 2021	(31.34)	(823.2 %)	(0.54)	-	(31.34)	(0.54)
2021	19.03	416.4 %	0.33	53.12	(34.09)	(0.59)
Q1 2022	(8.98)	(516.1 %)	(0.16)	-	(8.98)	(0.16)
Q2 2022	(14.99)	(290.4 %)	(0.26)	-	(14.99)	(0.26)
Q3 2022	(21.89)	(154.3 %)	(0.38)	-	(21.89)	(0.38)
Q4 2022	(113.07)	(260.7 %)	(1.95)	-	(113.07)	(1.95)
2022	(158.92)	(935.3 %)	(2.75)	-	(158.92)	(2.75)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2013	44.39	(41.1 %)	1.49	18.95	25.44	0.86
2014	55.32	24.6 %	1.86	19.56	35.77	1.20
2015	(27.12)	(149.0 %)	(0.91)	14.17	(41.29)	(1.39)
2016	(62.09)	(128.9 %)	(1.07)	(24.24)	(37.86)	(0.65)
2017	(168.24)	(170.9 %)	(2.91)	-	(168.24)	(2.91)
2018	(39.73)	76.4 %	(0.69)	-	(39.73)	(0.69)
2019	(96.72)	(143.4 %)	(1.67)	(19.25)	(77.47)	(1.34)
2020	(6.01)	93.8 %	(0.10)	-	(6.01)	(0.10)
2021	19.03	416.4 %	0.33	53.12	(34.09)	(0.59)
2022	(158.92)	(935.3 %)	(2.75)	-	(158.92)	(2.75)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	18.00 %	19.21 %	11.12 %
Q2 2013	16.60 %	17.47 %	9.25 %
Q3 2013	15.50 %	16.19 %	7.39 %
Q4 2013	13.04 %	12.73 %	3.48 %
2013	13.04 %	12.73 %	3.48 %
Q1 2014	11.99 %	11.21 %	1.83 %
Q2 2014	12.21 %	11.41 %	1.28 %
Q3 2014	13.34 %	12.67 %	1.47 %
Q4 2014	15.62 %	15.46 %	4.66 %
2014	15.80 %	15.65 %	4.66 %
Q1 2015	12.40 %	10.83 %	0.22 %
Q2 2015	13.51 %	12.23 %	1.91 %
Q3 2015	12.50 %	11.18 %	0.94 %
Q4 2015	10.35 %	9.38 %	(2.42 %)
2015	10.45 %	9.37 %	(2.40 %)
Q1 2016	12.57 %	12.28 %	(0.61 %)
Q2 2016	13.21 %	11.92 %	(1.62 %)
Q3 2016	13.40 %	13.76 %	(1.27 %)
Q4 2016	14.24 %	9.88 %	(2.67 %)
2016	14.24 %	9.88 %	(2.67 %)
Q1 2017	13.63 %	9.09 %	(3.56 %)
Q2 2017	11.23 %	7.33 %	(5.71 %)
Q3 2017	8.18 %	1.55 %	(10.19 %)
Q4 2017	5.07 %	0.57 %	(13.67 %)
2017	5.07 %	0.57 %	(13.67 %)
Q1 2018	3.78 %	(0.05 %)	(12.96 %)
Q2 2018	4.45 %	0.37 %	(11.31 %)
Q3 2018	7.51 %	3.11 %	(7.23 %)
Q4 2018	9.55 %	7.55 %	(2.96 %)
2018	9.55 %	7.55 %	(2.96 %)
Q1 2019	10.07 %	7.29 %	(3.84 %)
Q2 2019	9.21 %	6.51 %	(5.25 %)
Q3 2019	7.19 %	5.33 %	(7.86 %)
Q4 2019	6.05 %	4.79 %	(6.51 %)
2019	6.01 %	7.42 %	(8.39 %)
Q1 2020	5.32 %	4.65 %	(7.70 %)
Q2 2020	4.91 %	5.31 %	(6.28 %)
Q3 2020	5.83 %	6.61 %	(3.08 %)
Q4 2020	7.61 %	9.11 %	(0.80 %)
2020	7.61 %	9.10 %	(0.80 %)
Q1 2021	6.78 %	7.35 %	2.02 %
Q2 2021	5.49 %	4.82 %	1.67 %
Q3 2021	6.00 %	3.43 %	(0.77 %)
Q4 2021	6.19 %	0.99 %	(4.07 %)
2021	6.19 %	0.99 %	(4.07 %)
Q1 2022	6.76 %	1.60 %	(5.01 %)
Q2 2022	6.77 %	2.08 %	(7.05 %)
Q3 2022	5.23 %	1.72 %	(7.59 %)
Q4 2022	3.11 %	(5.36 %)	(15.20 %)
2022	3.11 %	(5.36 %)	(15.20 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2013	13.04 %	12.73 %	3.48 %
2014	15.80 %	15.65 %	4.66 %
2015	10.45 %	9.37 %	(2.40 %)
2016	14.24 %	9.88 %	(2.67 %)
2017	5.07 %	0.57 %	(13.67 %)
2018	9.55 %	7.55 %	(2.96 %)
2019	6.01 %	7.42 %	(8.39 %)
2020	7.61 %	9.10 %	(0.80 %)
2021	6.19 %	0.99 %	(4.07 %)
2022	3.11 %	(5.36 %)	(15.20 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2013	17.00 %	17.67 %	8.88 %
Q2 2013	13.52 %	13.04 %	4.92 %
Q3 2013	14.02 %	13.55 %	3.28 %
Q4 2013	6.96 %	5.97 %	(3.93 %)
Q1 2014	12.77 %	11.55 %	2.22 %
Q2 2014	14.22 %	13.62 %	2.77 %
Q3 2014	18.29 %	18.32 %	3.96 %
Q4 2014	17.01 %	18.09 %	9.62 %
Q1 2015	6.65 %	2.65 %	(7.07 %)
Q2 2015	16.17 %	15.81 %	5.88 %
Q3 2015	12.13 %	11.26 %	(0.49 %)
Q4 2015	4.73 %	6.29 %	(10.41 %)
Q1 2016	16.31 %	14.97 %	0.53 %
Q2 2016	19.34 %	15.08 %	3.10 %
Q3 2016	12.64 %	18.37 %	1.15 %
Q4 2016	6.44 %	(15.50 %)	(20.20 %)
Q1 2017	13.89 %	12.25 %	(2.94 %)
Q2 2017	11.23 %	9.52 %	(3.82 %)
Q3 2017	1.44 %	(1.74 %)	(14.69 %)
Q4 2017	(8.31 %)	(21.32 %)	(37.24 %)
Q1 2018	8.59 %	9.59 %	(0.27 %)
Q2 2018	12.66 %	9.86 %	0.77 %
Q3 2018	12.59 %	8.19 %	0.12 %
Q4 2018	2.70 %	1.61 %	(14.53 %)
Q1 2019	10.87 %	8.46 %	(4.13 %)
Q2 2019	9.63 %	7.16 %	(4.08 %)
Q3 2019	5.32 %	3.91 %	(9.14 %)
Q4 2019	(3.38 %)	(1.55 %)	(9.17 %)
Q1 2020	9.41 %	9.59 %	(9.37 %)
Q2 2020	10.26 %	11.91 %	5.05 %
Q3 2020	9.77 %	8.86 %	3.35 %
Q4 2020	0.15 %	5.57 %	(1.98 %)
Q1 2021	6.24 %	2.64 %	1.16 %
Q2 2021	5.45 %	2.72 %	3.55 %
Q3 2021	10.85 %	3.16 %	(5.74 %)
Q4 2021	1.95 %	(4.65 %)	(15.09 %)
Q1 2022	8.28 %	4.41 %	(3.60 %)
Q2 2022	5.78 %	4.10 %	(5.23 %)
Q3 2022	4.38 %	1.63 %	(7.99 %)
Q4 2022	(7.07 %)	(35.34 %)	(48.01 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2013	29.72	2.70	2.62	14.84
Q2 2013	29.72	2.55	2.23	14.90
Q3 2013	29.72	2.28	1.81	15.27
Q4 2013	29.72	1.49	0.86	15.22
Q1 2014	29.72	1.18	0.45	15.46
Q2 2014	29.72	1.55	0.32	15.81
Q3 2014	29.72	1.84	0.36	16.47
Q4 2014	29.72	1.86	1.20	16.44
Q1 2015	29.72	1.04	0.08	15.77
Q2 2015	29.72	1.05	0.83	16.69
Q3 2015	29.72	0.32	0.49	16.57
Q4 2015	29.72	(0.92)	(1.40)	15.31
Q1 2016	29.72	(0.34)	(0.34)	15.51
Q2 2016	29.72	(0.86)	(0.86)	15.77
Q3 2016	29.72	(0.64)	(0.64)	16.07
Q4 2016	57.86	(1.07)	(0.65)	15.78
Q1 2017	57.86	(1.26)	(0.84)	15.63
Q2 2017	57.86	(1.69)	(1.28)	15.41
Q3 2017	57.86	(2.62)	(2.20)	14.58
Q4 2017	57.86	(2.91)	(2.91)	12.79
Q1 2018	57.86	(2.77)	(2.77)	12.42
Q2 2018	57.86	(2.50)	(2.50)	12.46
Q3 2018	57.86	(1.64)	(1.64)	12.47
Q4 2018	57.86	(0.69)	(0.69)	11.81
Q1 2019	57.86	(0.89)	(0.89)	11.62
Q2 2019	57.86	(1.16)	(1.16)	11.42
Q3 2019	57.86	(1.67)	(1.67)	10.93
Q4 2019	57.86	(1.67)	(1.34)	10.25
Q1 2020	57.86	(1.78)	(1.45)	9.94
Q2 2020	57.86	(1.38)	(1.05)	10.09
Q3 2020	57.86	(0.78)	(0.44)	10.21
Q4 2020	57.86	(0.10)	(0.10)	10.17
Q1 2021	57.86	0.26	0.26	10.20
Q2 2021	57.86	0.22	0.22	10.34
Q3 2021	57.86	0.81	(0.11)	11.04
Q4 2021	57.86	0.33	(0.59)	10.49
Q1 2022	57.86	0.14	(0.78)	10.29
Q2 2022	57.86	(0.26)	(1.18)	9.92
Q3 2022	57.86	(1.33)	(1.33)	9.52
Q4 2022	57.86	(2.75)	(2.75)	7.51

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2013	29.72	1.49	0.86	15.22
2014	29.72	1.86	1.20	16.44
2015	29.72	(0.91)	(1.39)	15.31
2016	57.86	(1.07)	(0.65)	15.78
2017	57.86	(2.91)	(2.91)	12.79
2018	57.86	(0.69)	(0.69)	11.81
2019	57.86	(1.67)	(1.34)	10.25
2020	57.86	(0.10)	(0.10)	10.17
2021	57.86	0.33	(0.59)	10.49
2022	57.86	(2.75)	(2.75)	7.51

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2013	42.41	43.60	7.71
Q2 2013	48.04	54.91	8.23
Q3 2013	52.26	65.85	7.80
Q4 2013	78.48	More than 100	7.70
Q1 2014	More than 100	More than 100	7.99
Q2 2014	99.03	More than 100	9.68
Q3 2014	92.19	More than 100	10.29
Q4 2014	77.83	More than 100	8.81
Q1 2015	More than 100	More than 100	12.12
Q2 2015	More than 100	More than 100	13.29
Q3 2015	More than 100	More than 100	8.01
Q4 2015	NEG	NEG	7.36
Q1 2016	NEG	NEG	4.49
Q2 2016	NEG	NEG	4.57
Q3 2016	NEG	NEG	3.13
Q4 2016	NEG	NEG	1.87
Q1 2017	NEG	NEG	1.73
Q2 2017	NEG	NEG	1.58
Q3 2017	NEG	NEG	1.72
Q4 2017	NEG	NEG	1.72
Q1 2018	NEG	NEG	1.63
Q2 2018	NEG	NEG	1.91
Q3 2018	NEG	NEG	1.85
Q4 2018	NEG	NEG	1.77
Q1 2019	NEG	NEG	1.71
Q2 2019	NEG	NEG	1.48
Q3 2019	NEG	NEG	1.57
Q4 2019	NEG	NEG	1.69
Q1 2020	NEG	NEG	1.41
Q2 2020	NEG	NEG	1.52
Q3 2020	NEG	NEG	2.69
Q4 2020	NEG	NEG	2.99
Q1 2021	More than 100	More than 100	3.71
Q2 2021	More than 100	More than 100	5.23
Q3 2021	58.35	NEG	4.29
Q4 2021	More than 100	NEG	3.70
Q1 2022	More than 100	NEG	3.51
Q2 2022	NEG	NEG	2.62
Q3 2022	NEG	NEG	2.53
Q4 2022	NEG	NEG	2.60

Period	P/E	Adjusted P/E	Price/book
2013	78.48	More than 100	7.70
2014	77.83	More than 100	8.81
2015	NEG	NEG	7.36
2016	NEG	NEG	1.87
2017	NEG	NEG	1.72
2018	NEG	NEG	1.77
2019	NEG	NEG	1.69
2020	NEG	NEG	2.99
2021	More than 100	NEG	3.70
2022	NEG	NEG	2.60

Business Segments (Million)

Compared With The

Period	Polystyrene cups and lids and other related plastic products	Non- woven Fabrics	Thumbnail of preset BIT bottles (polyethylene terephthalate)
Q1 2012	48.72	67.43	32.75
Q2 2012	67.45	60.71	49.37
Q3 2012	70.66	59.75	52.59
Q4 2012	56.30	62.99	40.93
Q1 2013	64.97	69.86	45.83
Q2 2013	70.83	65.93	57.23
Q3 2013	77.06	67.41	47.76
Q4 2013	68.04	63.45	32.66
Q1 2014	67.35	61.02	45.32
Q2 2014	76.50	79.64	51.15
Q3 2014	65.97	83.05	45.62
Q4 2014	103.83	88.24	-
Q1 2015	325.75	93.57	-
Q2 2015	388.58	88.44	-
Q3 2015	383.72	75.76	-
Q4 2015	294.56	68.09	-
Q1 2016	291.51	61.16	-
Q2 2016	341.70	62.26	-
Q3 2016	318.71	60.18	-
Q4 2016	239.65	40.43	-
Q1 2017	251.03	51.39	-
Q2 2017	273.10	58.75	-
Q3 2017	273.72	58.14	-
Q4 2017	188.30	63.39	-
Q1 2018	236.50	70.83	-
Q2 2018	305.64	69.27	-
Q3 2018	287.77	83.03	-
Q4 2018	220.90	69.82	-
Q1 2019	230.44	73.03	-
Q2 2019	252.89	66.26	-
Q3 2019	250.41	64.27	-
Q4 2019	190.04	62.12	-
Q1 2020	200.64	73.38	-
Q2 2020	198.54	94.18	-
Q3 2020	183.34	104.89	-
Q4 2020	171.66	87.51	-

Period	Polystyrene cups and lids and other related plastic products	Non- woven Fabrics	Thumbnail of preset BIT bottles (polyethylene terephthalate)
2012	243.13	250.88	175.65
2013	280.90	266.65	183.48
2014	455.74	311.94	-
2015	1,392.60	325.86	-
2016	1,191.57	224.03	-
2017	998.82	231.67	-
2018	1,050.82	292.95	-
2019	923.78	265.67	-
2020	754.18	359.95	-

Financial Ratios

	Current
Market Cap (M Riyal)	848.71
Enterprise Value (EV) (M)	1,300.78
Shares Outstanding ((M))	76.46
EPS ( Riyal) (TTM)	(2.38)
Book Value (BV) ( Riyal)	5.78
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	1.92
Return on Average Assets (%) (TTM)	(11.63 )
Return on Average Equity (%) (TTM)	(41.64 )

Takween Advanced Industries Co. (TAKWEEN)

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Takween turns to loss of SAR 158.9 mln in 2022; Q4 loss at SAR 113.1 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) 2022 Q4

Financial Ratios

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Takween Advanced Industries Co. (TAKWEEN)

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Takween turns to loss of SAR 158.9 mln in 2022; Q4 loss at SAR 113.1 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) Q4 2020

Revenue by Business Segment (Latest) 2022 Q4

Financial Ratios

Share Price

Takween Advanced Industries Co. (TAKWEEN)

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Business Segments (Million)