SACO’s losses shrink to SAR 69M in 2023, Q4 at SAR 24.3M

07/03/2024 Argaam Exclusive

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Saudi Company for Hardware (SACO) narrowed its losses to SAR 69 million in 2023 from SAR 142.5 million in 2022.

Financials (M)

Item	2022	2023	Change‬
Revenues	1,136.54	930.12	(18.2 %)
Gross Income	67.62	59.12	(12.6 %)
Operating Income	(107.75)	(93.48)	13.2 %
Net Income	(142.50)	(68.97)	51.6 %
Average Shares	36.00	36.00	-
EPS (Riyals)	(3.96)	(1.92)	51.6 %

This was attributed to a rise of SAR 36.5 million in overall profit resulting from an improvement in commercial items and operational efficiency, in addition to a decrease of SAR 21.6 million in impairment loss on non-financial assets.

The drop in administrative and general expenses, selling and marketing expenses, financing charges, and Zakat charges also contributed to cutting losses.

This was despite lower sales on retail stagnation in general, delayed arrival of new items and products, and selling a large portion of old inventory at clearance prices.

SACO’s net losses shrank by 68.5% to SAR 24.32 million in the fourth quarter of 2023 from SAR 77.21 million in Q4 2022.

Sequentially, SACO widened losses by 99.4% from SAR 12.2 million in Q3 2023.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2022	Q4 2023	Change‬
Revenues	311.90	238.98	(23.4 %)
Gross Income	(23.73)	21.76	191.7 %
Operating Income	(68.94)	(24.48)	64.5 %
Net Income	(77.21)	(24.32)	68.5 %
Average Shares	36.00	36.00	-
EPS (Riyals)	(2.14)	(0.68)	68.5 %

Item	Q3 2023	Q4 2023	Change‬
Revenues	219.44	238.98	8.9 %
Gross Income	(18.21)	21.76	219.5 %
Operating Income	(52.21)	(24.48)	53.1 %
Net Income	(12.20)	(24.32)	(99.4 %)
Average Shares	36.00	36.00	-
EPS (Riyals)	(0.34)	(0.68)	(99.4 %)

Shareholders' equity, no minority interest, amounted to SAR 343.75 million in 2023, compared to SAR 413.77 million in 2022.

The accumulated losses stood at SAR 40.87 million, representing 11.35% of the company’s capital.

Total comprehensive losses for the current period amounted to SAR 69.51 million, compared to SAR 142.42 million for the same period of the previous year.

View More Financial Results

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2014	228.78	(3.0 %)	55.47	7.8 %	28.50	21.4 %
Q2 2014	293.71	17.5 %	74.84	29.0 %	38.83	52.2 %
Q3 2014	248.61	0.3 %	55.97	11.5 %	18.87	(25.3 %)
Q4 2014	313.76	38.0 %	65.22	10.4 %	33.93	5.2 %
2014	1,084.85	12.9 %	251.49	15.0 %	120.12	12.8 %
Q1 2015	309.45	35.3 %	66.55	20.0 %	36.28	27.3 %
Q2 2015	349.36	18.9 %	73.02	(2.4 %)	38.39	(1.1 %)
Q3 2015	265.36	6.7 %	51.73	(7.6 %)	20.93	10.9 %
Q4 2015	352.74	12.4 %	68.22	4.6 %	36.35	7.1 %
2015	1,276.91	17.7 %	259.52	3.2 %	131.95	9.8 %
Q1 2016	303.21	(2.0 %)	60.75	(8.7 %)	31.85	(12.2 %)
Q2 2016	351.49	0.6 %	71.59	(2.0 %)	39.81	3.7 %
Q3 2016	284.97	7.4 %	52.50	1.5 %	23.54	12.4 %
Q4 2016	384.42	9.0 %	75.76	11.1 %	46.70	28.5 %
2016	1,324.09	3.7 %	260.60	0.4 %	141.89	7.5 %
Q1 2017	326.29	7.6 %	62.01	2.1 %	33.38	4.8 %
Q2 2017	376.33	7.1 %	76.65	7.1 %	43.53	9.3 %
Q3 2017	322.91	13.3 %	61.14	16.5 %	27.25	15.8 %
Q4 2017	429.85	11.8 %	84.88	12.0 %	45.78	(2.0 %)
2017	1,455.93	10.0 %	284.68	9.2 %	149.94	5.7 %
Q1 2018	321.67	(1.4 %)	53.81	(13.2 %)	17.55	(47.4 %)
Q2 2018	343.03	(8.8 %)	54.94	(28.3 %)	24.14	(44.5 %)
Q3 2018	340.17	5.3 %	64.44	5.4 %	27.80	2.0 %
Q4 2018	385.61	(10.3 %)	76.72	(9.6 %)	42.87	(6.4 %)
2018	1,390.47	(4.5 %)	249.91	(12.2 %)	112.36	(25.1 %)
Q1 2019	370.24	15.1 %	63.85	18.6 %	29.86	70.1 %
Q2 2019	343.83	0.2 %	64.84	18.0 %	32.88	36.2 %
Q3 2019	351.61	3.4 %	67.13	4.2 %	26.45	(4.8 %)
Q4 2019	392.08	1.7 %	85.84	11.9 %	18.48	(56.9 %)
2019	1,457.76	4.8 %	281.66	12.7 %	107.66	(4.2 %)
Q1 2020	358.04	(3.3 %)	62.40	(2.3 %)	25.53	(14.5 %)
Q2 2020	389.53	13.3 %	85.95	32.6 %	47.93	45.8 %
Q3 2020	332.14	(5.5 %)	67.24	0.2 %	27.60	4.4 %
Q4 2020	402.05	2.5 %	80.84	(5.8 %)	45.59	146.7 %
2020	1,481.76	1.6 %	296.42	5.2 %	146.65	36.2 %
Q1 2021	337.63	(5.7 %)	68.26	9.4 %	27.24	6.7 %
Q2 2021	323.66	(16.9 %)	62.81	(26.9 %)	22.95	(52.1 %)
Q3 2021	295.83	(10.9 %)	38.48	(42.8 %)	(2.97)	(110.7 %)
Q4 2021	315.38	(21.6 %)	23.19	(71.3 %)	(33.53)	(173.6 %)
2021	1,272.50	(14.1 %)	192.74	(35.0 %)	13.70	(90.7 %)
Q1 2022	319.51	(5.4 %)	56.06	(17.9 %)	12.46	(54.3 %)
Q2 2022	251.00	(22.5 %)	31.59	(49.7 %)	(12.89)	(156.2 %)
Q3 2022	254.13	(14.1 %)	3.70	(90.4 %)	(38.39)	(1,193.8 %)
Q4 2022	311.90	(1.1 %)	(23.73)	(202.3 %)	(68.94)	(105.6 %)
2022	1,136.54	(10.7 %)	67.62	(64.9 %)	(107.75)	(886.7 %)
Q1 2023	240.27	(24.8 %)	27.86	(50.3 %)	(8.75)	(170.2 %)
Q2 2023	231.43	(7.8 %)	27.70	(12.3 %)	(8.04)	37.6 %
Q3 2023	219.44	(13.6 %)	(18.21)	(592.3 %)	(52.21)	(36.0 %)
Q4 2023	238.98	(23.4 %)	21.76	191.7 %	(24.48)	64.5 %
2023	930.12	(18.2 %)	59.12	(12.6 %)	(93.48)	13.2 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2014	1,084.85	12.9 %	251.49	15.0 %	120.12	12.8 %
2015	1,276.91	17.7 %	259.52	3.2 %	131.95	9.8 %
2016	1,324.09	3.7 %	260.60	0.4 %	141.89	7.5 %
2017	1,455.93	10.0 %	284.68	9.2 %	149.94	5.7 %
2018	1,390.47	(4.5 %)	249.91	(12.2 %)	112.36	(25.1 %)
2019	1,457.76	4.8 %	281.66	12.7 %	107.66	(4.2 %)
2020	1,481.76	1.6 %	296.42	5.2 %	146.65	36.2 %
2021	1,272.50	(14.1 %)	192.74	(35.0 %)	13.70	(90.7 %)
2022	1,136.54	(10.7 %)	67.62	(64.9 %)	(107.75)	(886.7 %)
2023	930.12	(18.2 %)	59.12	(12.6 %)	(93.48)	13.2 %

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2014	25.64	17.0 %	0.71	-	25.64	0.71
Q2 2014	37.67	56.4 %	1.05	-	37.67	1.05
Q3 2014	16.61	(28.7 %)	0.46	-	16.61	0.46
Q4 2014	30.10	(10.0 %)	0.84	0.30	29.80	0.83
2014	110.01	7.1 %	3.06	0.30	109.71	3.05
Q1 2015	33.83	32.0 %	0.94	-	33.83	0.94
Q2 2015	35.87	(4.8 %)	1.00	-	35.87	1.00
Q3 2015	18.50	11.4 %	0.51	-	18.50	0.51
Q4 2015	37.91	26.0 %	1.05	4.49	33.42	0.93
2015	126.11	14.6 %	3.50	4.49	121.62	3.38
Q1 2016	28.72	(15.1 %)	0.80	-	28.72	0.80
Q2 2016	37.05	3.3 %	1.03	-	37.05	1.03
Q3 2016	21.06	13.9 %	0.59	-	21.06	0.59
Q4 2016	42.14	11.2 %	1.17	-	42.14	1.17
2016	128.97	2.3 %	3.58	-	128.97	3.58
Q1 2017	30.76	7.1 %	0.85	-	30.76	0.85
Q2 2017	40.36	8.9 %	1.12	-	40.36	1.12
Q3 2017	22.79	8.2 %	0.63	-	22.79	0.63
Q4 2017	40.99	(2.7 %)	1.14	-	40.99	1.14
2017	134.90	4.6 %	3.75	-	134.90	3.75
Q1 2018	14.59	(52.6 %)	0.41	-	14.59	0.41
Q2 2018	20.38	(49.5 %)	0.57	-	20.38	0.57
Q3 2018	24.43	7.2 %	0.68	-	24.43	0.68
Q4 2018	38.48	(6.1 %)	1.07	-	38.48	1.07
2018	97.88	(27.4 %)	2.72	-	97.88	2.72
Q1 2019	19.24	31.9 %	0.53	-	19.24	0.53
Q2 2019	21.69	6.4 %	0.60	-	21.69	0.60
Q3 2019	14.65	(40.0 %)	0.41	-	14.65	0.41
Q4 2019	6.06	(84.3 %)	0.17	-	6.06	0.17
2019	61.64	(37.0 %)	1.71	-	61.64	1.71
Q1 2020	11.72	(39.1 %)	0.33	-	11.72	0.33
Q2 2020	33.14	52.8 %	0.92	-	33.14	0.92
Q3 2020	16.48	12.5 %	0.46	-	16.48	0.46
Q4 2020	24.19	299.2 %	0.67	(6.92)	31.11	0.86
2020	85.53	38.8 %	2.38	(6.92)	92.45	2.57
Q1 2021	15.63	33.4 %	0.43	-	15.63	0.43
Q2 2021	14.44	(56.4 %)	0.40	-	14.44	0.40
Q3 2021	(13.88)	(184.2 %)	(0.39)	-	(13.88)	(0.39)
Q4 2021	(44.69)	(284.7 %)	(1.24)	-	(44.69)	(1.24)
2021	(28.49)	(133.3 %)	(0.79)	-	(28.49)	(0.79)
Q1 2022	1.11	(92.9 %)	0.03	-	1.11	0.03
Q2 2022	(20.53)	(242.1 %)	(0.57)	-	(20.53)	(0.57)
Q3 2022	(45.87)	(230.6 %)	(1.27)	-	(45.87)	(1.27)
Q4 2022	(77.21)	(72.8 %)	(2.14)	-	(77.21)	(2.14)
2022	(142.50)	(400.2 %)	(3.96)	-	(142.50)	(3.96)
Q1 2023	(16.52)	(1592.4 %)	(0.46)	5.71	(22.23)	(0.62)
Q2 2023	(15.94)	22.4 %	(0.44)	1.78	(17.71)	(0.49)
Q3 2023	(12.20)	73.4 %	(0.34)	44.33	(56.52)	(1.57)
Q4 2023	(24.32)	68.5 %	(0.68)	1.11	(25.43)	(0.71)
2023	(68.97)	51.6 %	(1.92)	52.93	(121.89)	(3.39)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2014	110.01	7.1 %	3.06	0.30	109.71	3.05
2015	126.11	14.6 %	3.50	4.49	121.62	3.38
2016	128.97	2.3 %	3.58	-	128.97	3.58
2017	134.90	4.6 %	3.75	-	134.90	3.75
2018	97.88	(27.4 %)	2.72	-	97.88	2.72
2019	61.64	(37.0 %)	1.71	-	61.64	1.71
2020	85.53	38.8 %	2.38	(6.92)	92.45	2.57
2021	(28.49)	(133.3 %)	(0.79)	-	(28.49)	(0.79)
2022	(142.50)	(400.2 %)	(3.96)	-	(142.50)	(3.96)
2023	(68.97)	51.6 %	(1.92)	52.93	(121.89)	(3.39)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	23.35 %	13.76 %	11.16 %
Q2 2014	24.01 %	14.60 %	12.03 %
Q3 2014	24.57 %	14.26 %	11.35 %
Q4 2014	23.18 %	13.32 %	10.11 %
2014	23.18 %	13.32 %	10.11 %
Q1 2015	22.53 %	13.19 %	10.12 %
Q2 2015	21.35 %	12.71 %	9.51 %
Q3 2015	20.72 %	12.77 %	9.53 %
Q4 2015	20.32 %	12.69 %	9.52 %
2015	20.32 %	12.69 %	9.52 %
Q1 2016	19.97 %	12.41 %	9.17 %
Q2 2016	19.82 %	12.49 %	9.25 %
Q3 2016	19.58 %	12.51 %	9.30 %
Q4 2016	19.68 %	13.01 %	9.74 %
2016	19.68 %	13.01 %	9.74 %
Q1 2017	19.44 %	12.97 %	9.72 %
Q2 2017	19.45 %	13.13 %	9.79 %
Q3 2017	19.54 %	13.17 %	9.65 %
Q4 2017	19.56 %	12.92 %	9.27 %
2017	19.55 %	12.91 %	9.27 %
Q1 2018	19.06 %	12.03 %	8.18 %
Q2 2018	17.97 %	11.04 %	6.97 %
Q3 2018	17.99 %	11.02 %	7.00 %
Q4 2018	17.97 %	11.17 %	7.04 %
2018	17.97 %	11.17 %	7.04 %
Q1 2019	18.06 %	12.83 %	7.12 %
Q2 2019	18.74 %	14.70 %	7.21 %
Q3 2019	18.78 %	15.66 %	6.48 %
Q4 2019	19.32 %	15.39 %	4.23 %
2019	19.32 %	15.39 %	4.23 %
Q1 2020	19.38 %	15.56 %	3.74 %
Q2 2020	20.21 %	16.31 %	4.40 %
Q3 2020	20.48 %	16.87 %	4.58 %
Q4 2020	20.00 %	18.10 %	6.24 %
2020	20.00 %	18.10 %	6.24 %
Q1 2021	20.69 %	18.26 %	6.59 %
Q2 2021	20.00 %	17.10 %	5.57 %
Q3 2021	18.42 %	15.09 %	3.48 %
Q4 2021	15.15 %	10.20 %	(2.24 %)
2021	15.15 %	10.20 %	(2.24 %)
Q1 2022	14.39 %	9.19 %	(3.43 %)
Q2 2022	12.64 %	6.75 %	(6.60 %)
Q3 2022	10.05 %	4.07 %	(9.65 %)
Q4 2022	5.95 %	1.04 %	(12.54 %)
2022	5.95 %	1.04 %	(12.54 %)
Q1 2023	3.73 %	(1.02 %)	(15.69 %)
Q2 2023	3.42 %	(0.78 %)	(15.71 %)
Q3 2023	1.36 %	(2.63 %)	(17.31 %)
Q4 2023	6.36 %	1.49 %	(13.11 %)
2023	6.36 %	1.49 %	(13.11 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	23.18 %	13.32 %	10.11 %
2015	20.32 %	12.69 %	9.52 %
2016	19.68 %	13.01 %	9.74 %
2017	19.55 %	12.91 %	9.27 %
2018	17.97 %	11.17 %	7.04 %
2019	19.32 %	15.39 %	4.23 %
2020	20.00 %	18.10 %	6.24 %
2021	15.15 %	10.20 %	(2.24 %)
2022	5.95 %	1.04 %	(12.54 %)
2023	6.36 %	1.49 %	(13.11 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2014	24.25 %	14.89 %	11.21 %
Q2 2014	25.48 %	15.17 %	12.83 %
Q3 2014	22.51 %	10.34 %	6.68 %
Q4 2014	20.79 %	12.81 %	9.50 %
Q1 2015	21.51 %	13.98 %	10.93 %
Q2 2015	20.90 %	13.18 %	10.27 %
Q3 2015	19.50 %	10.77 %	6.97 %
Q4 2015	19.34 %	12.53 %	9.47 %
Q1 2016	20.03 %	12.81 %	9.47 %
Q2 2016	20.37 %	13.45 %	10.54 %
Q3 2016	18.42 %	10.99 %	7.39 %
Q4 2016	19.71 %	14.25 %	10.96 %
Q1 2017	19.00 %	12.69 %	9.43 %
Q2 2017	20.37 %	13.98 %	10.73 %
Q3 2017	18.94 %	11.44 %	7.06 %
Q4 2017	19.75 %	13.27 %	9.54 %
Q1 2018	16.73 %	8.70 %	4.54 %
Q2 2018	16.01 %	10.05 %	5.94 %
Q3 2018	18.94 %	11.37 %	7.18 %
Q4 2018	19.90 %	14.06 %	9.98 %
Q1 2019	17.25 %	15.46 %	5.20 %
Q2 2019	18.86 %	17.89 %	6.31 %
Q3 2019	19.09 %	15.47 %	4.17 %
Q4 2019	21.89 %	13.06 %	1.55 %
Q1 2020	17.43 %	16.14 %	3.27 %
Q2 2020	22.06 %	20.50 %	8.51 %
Q3 2020	20.25 %	17.88 %	4.96 %
Q4 2020	20.11 %	17.71 %	7.74 %
Q1 2021	20.22 %	16.71 %	4.63 %
Q2 2021	19.41 %	15.94 %	4.46 %
Q3 2021	13.01 %	8.75 %	(4.69 %)
Q4 2021	7.35 %	(1.31 %)	(14.17 %)
Q1 2022	17.54 %	13.14 %	0.35 %
Q2 2022	12.58 %	6.41 %	(8.18 %)
Q3 2022	1.46 %	(2.95 %)	(18.05 %)
Q4 2022	(7.61 %)	(12.42 %)	(24.75 %)
Q1 2023	11.60 %	8.06 %	(9.25 %)
Q2 2023	11.97 %	8.12 %	(7.65 %)
Q3 2023	(8.30 %)	(11.77 %)	(25.76 %)
Q4 2023	9.11 %	0.62 %	(10.64 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2014	36.00	2.96	2.96	8.17
Q2 2014	36.00	3.33	3.33	9.21
Q3 2014	36.00	3.15	3.15	9.67
Q4 2014	36.00	3.06	3.05	10.51
Q1 2015	36.00	3.28	3.28	11.45
Q2 2015	36.00	3.23	3.23	12.45
Q3 2015	36.00	3.29	3.28	12.96
Q4 2015	36.00	3.50	3.38	12.68
Q1 2016	36.00	3.36	3.24	13.29
Q2 2016	36.00	3.39	3.27	13.32
Q3 2016	36.00	3.47	3.34	13.90
Q4 2016	36.00	3.58	3.58	14.07
Q1 2017	36.00	3.64	3.64	14.93
Q2 2017	36.00	3.73	3.73	16.05
Q3 2017	36.00	3.78	3.78	15.51
Q4 2017	36.00	3.75	3.75	16.65
Q1 2018	36.00	3.30	3.30	15.99
Q2 2018	36.00	2.74	2.74	16.55
Q3 2018	36.00	2.79	2.79	16.57
Q4 2018	36.00	2.72	2.72	17.63
Q1 2019	36.00	2.85	2.85	15.85
Q2 2019	36.00	2.88	2.88	15.45
Q3 2019	36.00	2.61	2.61	14.86
Q4 2019	36.00	1.71	1.71	15.02
Q1 2020	36.00	1.50	1.50	15.38
Q2 2020	36.00	1.82	1.82	16.30
Q3 2020	36.00	1.87	1.87	16.26
Q4 2020	36.00	2.38	2.57	16.95
Q1 2021	36.00	2.48	2.68	16.65
Q2 2021	36.00	1.97	2.16	17.04
Q3 2021	36.00	1.12	1.31	16.66
Q4 2021	36.00	(0.79)	(0.79)	15.45
Q1 2022	36.00	(1.19)	(1.19)	15.48
Q2 2022	36.00	(2.17)	(2.17)	14.91
Q3 2022	36.00	(3.06)	(3.06)	13.60
Q4 2022	36.00	(3.96)	(3.96)	11.49
Q1 2023	36.00	(4.45)	(4.61)	11.03
Q2 2023	36.00	(4.32)	(4.53)	10.59
Q3 2023	36.00	(3.38)	(4.82)	10.25
Q4 2023	36.00	(1.92)	(3.39)	9.55

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	36.00	3.06	3.05	10.51
2015	36.00	3.50	3.38	12.68
2016	36.00	3.58	3.58	14.07
2017	36.00	3.75	3.75	16.65
2018	36.00	2.72	2.72	17.63
2019	36.00	1.71	1.71	15.02
2020	36.00	2.38	2.57	16.95
2021	36.00	(0.79)	(0.79)	15.45
2022	36.00	(3.96)	(3.96)	11.49
2023	36.00	(1.92)	(3.39)	9.55

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2014	-	-	-
Q2 2014	-	-	-
Q3 2014	-	-	-
Q4 2014	-	-	-
Q1 2015	-	-	-
Q2 2015	27.52	27.59	7.15
Q3 2015	20.09	20.14	5.09
Q4 2015	18.94	19.64	5.23
Q1 2016	17.03	17.69	4.31
Q2 2016	17.42	18.08	4.44
Q3 2016	11.62	12.06	2.90
Q4 2016	15.89	15.89	4.04
Q1 2017	16.53	16.53	4.03
Q2 2017	18.94	18.94	4.40
Q3 2017	19.09	19.09	4.65
Q4 2017	19.48	19.48	4.38
Q1 2018	26.67	26.67	5.50
Q2 2018	27.99	27.99	4.64
Q3 2018	18.62	18.62	3.13
Q4 2018	24.35	24.35	3.75
Q1 2019	25.49	25.49	4.58
Q2 2019	23.57	23.57	4.40
Q3 2019	24.30	24.30	4.27
Q4 2019	30.43	30.43	3.47
Q1 2020	25.21	25.21	2.46
Q2 2020	24.32	24.32	2.72
Q3 2020	27.45	27.45	3.16
Q4 2020	24.50	22.66	3.43
Q1 2021	23.95	22.23	3.57
Q2 2021	37.86	34.49	4.37
Q3 2021	56.33	48.09	3.79
Q4 2021	NEG	NEG	3.16
Q1 2022	NEG	NEG	2.85
Q2 2022	NEG	NEG	2.38
Q3 2022	NEG	NEG	2.48
Q4 2022	NEG	NEG	2.37
Q1 2023	NEG	NEG	2.63
Q2 2023	NEG	NEG	3.38
Q3 2023	NEG	NEG	3.02
Q4 2023	NEG	NEG	4.05

Period	P/E	Adjusted P/E	Price/book
2014	-	-	-
2015	18.94	19.64	5.23
2016	15.89	15.89	4.04
2017	19.48	19.48	4.38
2018	24.35	24.35	3.75
2019	30.43	30.43	3.47
2020	24.50	22.66	3.43
2021	NEG	NEG	3.16
2022	NEG	NEG	2.37
2023	NEG	NEG	4.05

Business Segments (Million)

Compared With The

Period	Sales and Services	Logistics services	Retail sector	Wholesale sector
Q1 2014	-	-	226.13	2.65
Q2 2014	-	-	289.37	4.34
Q3 2014	-	-	244.04	4.57
Q4 2014	-	-	309.31	4.44
Q1 2015	-	-	305.27	4.18
Q2 2015	-	-	345.35	4.01
Q3 2015	-	-	261.48	3.89
Q4 2015	-	-	349.28	3.46
Q1 2016	303.21	-	-	-
Q2 2016	351.49	-	-	-
Q3 2016	284.97	-	-	-
Q4 2016	382.52	-	-	-
Q1 2017	323.49	2.79	-	-
Q2 2017	373.84	2.49	-	-
Q3 2017	320.88	2.60	-	-
Q4 2017	427.08	2.77	-	-
Q1 2018	317.69	3.98	-	-
Q2 2018	341.65	1.37	-	-
Q3 2018	337.70	2.47	-	-
Q4 2018	382.79	2.82	-	-
Q1 2019	367.49	2.75	-	-
Q2 2019	342.52	1.31	-	-
Q3 2019	348.74	2.87	-	-
Q4 2019	388.88	3.19	-	-
Q1 2020	351.44	6.60	-	-
Q3 2020	328.53	3.61	-	-
Q4 2020	395.09	6.96	-	-
Q1 2021	331.90	4.49	-	-
Q2 2021	320.94	3.96	-	-
Q3 2021	285.71	10.12	-	-
Q4 2021	310.81	8.18	-	-
Q1 2022	307.54	11.97	-	-
Q2 2022	243.92	7.08	-	-
Q3 2022	249.23	4.90	-	-
Q4 2022	307.62	4.28	-	-
Q1 2023	235.76	4.51	-	-
Q2 2023	227.01	4.42	-	-
Q3 2023	213.94	5.51	-	-
Q4 2023	232.52	6.46	-	-

Period	Sales and Services	Logistics services	Retail sector	Wholesale sector
2014	-	-	1,068.85	15.99
2015	-	-	1,261.38	15.54
2016	1,322.18	1.91	-	-
2017	1,445.29	10.64	-	-
2018	1,379.83	10.64	-	-
2019	1,447.64	10.12	-	-
2020	1,464.68	17.08	-	-
2021	1,245.75	26.76	-	-
2022	1,108.31	28.23	-	-
2023	909.23	20.89	-	-

Analysts Estimates (Million)

Item	Q4 2023 (e)	Q4 2023 (a)	Change‬
Average	(6.40)	(24.32)	(279.9 %)

Estimates vs Actual (Million)

Item	Q4 2023 (e)	Q4 2023 (a)	Change
AlJazira Capital	(6.40)	(24.32)	(279.9) %

Financial Ratios

	Current
Market Cap (M Riyal)	1,146.60
Enterprise Value (EV) (M)	1,248.92
Shares Outstanding ((M))	36.00
EPS ( Riyal) (TTM)	(1.16)
Book Value (BV) ( Riyal)	8.97
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	3.55
Return on Average Assets (%) (TTM)	(3.46 )
Return on Average Equity (%) (TTM)	(12.09 )

Saudi Company for Hardware (SACO)

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SACO’s losses shrink to SAR 69M in 2023, Q4 at SAR 24.3M

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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) 2023 Q4

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Saudi Company for Hardware (SACO)

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SACO’s losses shrink to SAR 69M in 2023, Q4 at SAR 24.3M

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 2023

Revenue by Business Segment (Latest) 2023 Q4

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Saudi Company for Hardware (SACO)

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Business Segments (Million)