Saudi Kayan widens H1 2020 net loss by 94.4% to SAR 915 mln

20/07/2020 Argaam Exclusive

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Saudi Kayan Petrochemical Co. (Saudi Kayan) widened its net loss after Zakat and tax by 94.4% year-on-year (YoY) to SAR 915 million for the first half of 2020, compared to SAR 470.6 million a year earlier.

Financials (M)

Item	6m 2019	6m 2020	Change‬
Revenues	4,973.51	3,424.84	(31.1 %)
Gross Income	462.70	(291.52)	(163.0 %)
Operating Income	138.08	(566.35)	(510.2 %)
Net Income	(470.62)	(914.98)	(94.4 %)
Average Shares	1,500.00	1,500.00	-
EPS (Riyals)	(0.31)	(0.61)	(94.4 %)

The firm attributed the increase in losses to lower selling product prices and sales volumes due to the scheduled periodic maintenance in the first quarter.

The loss was incurred despite lower feedstock and financing costs, and a decrease in administrative and general expenses.

Current Quarter Comparison (M)

Compared With The

Item	Q2 2019	Q2 2020	Change‬
Revenues	2,429.18	1,536.91	(36.7 %)
Gross Income	196.70	(70.76)	(136.0 %)
Operating Income	39.59	(215.41)	(644.1 %)
Net Income	(273.13)	(398.19)	(45.8 %)
Average Shares	1,500.00	1,500.00	-
EPS (Riyals)	(0.18)	(0.27)	(45.8 %)

Item	Q1 2020	Q2 2020	Change‬
Revenues	1,887.93	1,536.91	(18.6 %)
Gross Income	(220.77)	(70.76)	68.0 %
Operating Income	(350.93)	(215.41)	38.6 %
Net Income	(516.79)	(398.19)	22.9 %
Average Shares	1,500.00	1,500.00	-
EPS (Riyals)	(0.34)	(0.27)	22.9 %

The company posted a net loss of SAR 398.1 million in Q2 versus SAR 273.1 million a year earlier, a 45.8% YoY rise, due to lower average selling prices and sales volumes despite lower feedstock and financing costs.

On a quarterly basis, Saudi Kayan narrowed its net loss by 22.9% due to lower average feedstock cost and commencement of plant operations after the scheduled maintenance in Q1.

Total shareholders’ equity, after minority interest, for the period amounted to SAR 13.9 billion compared to SAR 15.1 billion in the same period a year earlier, a decrease by 7.92%.

The company also added that accumulated losses at the end of the current period stood at SAR 1.61 billion, or 10.76% of the capital.

Saudi Kayan previously announced a 21-day scheduled maintenance of its ethylene glycol/ ethylene oxide plants, which started on Feb. 1, 2020. The firm expected a financial impact of SAR 117 million on Q1 2020 financials based on the current average selling prices of these products.

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2011	-	-	-	-	(3.46)	5.8 %
Q2 2011	-	-	-	-	(3.38)	(111.3 %)
Q3 2011	-	-	-	-	(4.14)	18.0 %
Q4 2011	2,403.41	-	32.44	-	(45.19)	(1,051.5 %)
2011	2,403.41	-	32.44	-	(56.16)	(294.2 %)
Q1 2012	2,043.31	-	132.23	-	75.65	2285.8 %
Q2 2012	2,316.89	-	(72.29)	-	(162.15)	(4,700.1 %)
Q3 2012	2,196.23	-	52.68	-	(24.86)	(500.8 %)
Q4 2012	2,925.81	21.7 %	38.99	20.2 %	(67.49)	(49.4 %)
2012	9,482.23	294.5 %	151.61	367.4 %	(178.84)	(218.4 %)
Q1 2013	2,079.89	1.8 %	58.73	(55.6 %)	(10.73)	(114.2 %)
Q2 2013	2,288.05	(1.2 %)	(20.14)	72.1 %	(106.55)	34.3 %
Q3 2013	3,052.20	39.0 %	304.95	478.9 %	198.20	897.4 %
Q4 2013	2,932.52	0.2 %	264.49	578.4 %	160.27	337.5 %
2013	10,352.65	9.2 %	625.10	312.3 %	258.26	244.4 %
Q1 2014	2,909.36	39.9 %	260.96	344.4 %	161.50	1604.9 %
Q2 2014	2,965.26	29.6 %	126.54	728.2 %	7.23	106.8 %
Q3 2014	3,235.38	6.0 %	317.95	4.3 %	207.06	4.5 %
Q4 2014	2,526.04	(13.9 %)	267.87	1.3 %	144.72	(9.7 %)
2014	11,636.03	12.4 %	975.60	56.1 %	522.78	102.4 %
Q1 2015	1,752.65	(39.8 %)	(367.86)	(241.0 %)	(442.91)	(374.2 %)
Q2 2015	2,149.08	(27.5 %)	257.85	103.8 %	150.02	1975.8 %
Q3 2015	2,194.63	(32.2 %)	269.19	(15.3 %)	174.88	(15.5 %)
Q4 2015	1,879.36	(25.6 %)	(368.21)	(237.5 %)	(475.53)	(428.6 %)
2015	7,975.72	(31.5 %)	(209.04)	(121.4 %)	(593.53)	(213.5 %)
Q1 2016	1,692.59	(3.4 %)	185.21	150.3 %	11.55	102.6 %
Q2 2016	2,154.63	0.3 %	508.21	97.1 %	311.41	107.6 %
Q3 2016	2,313.08	5.4 %	579.95	115.4 %	385.77	120.6 %
Q4 2016	2,448.52	30.3 %	531.95	244.5 %	350.46	173.7 %
2016	8,608.82	7.9 %	1,766.26	944.9 %	1,059.20	278.5 %
Q1 2017	2,667.18	57.6 %	726.70	292.4 %	554.92	4703.2 %
Q2 2017	2,308.72	7.2 %	582.69	14.7 %	438.87	40.9 %
Q3 2017	2,703.09	16.9 %	780.94	34.7 %	624.02	61.8 %
Q4 2017	2,304.93	(5.9 %)	155.60	(70.7 %)	11.62	(96.7 %)
2017	9,983.93	16.0 %	2,228.39	26.2 %	1,630.48	53.9 %
Q1 2018	2,727.33	2.3 %	861.63	18.6 %	721.07	29.9 %
Q2 2018	3,524.25	52.6 %	1,300.66	123.2 %	1,116.46	154.4 %
Q3 2018	3,376.06	24.9 %	929.49	19.0 %	761.53	22.0 %
Q4 2018	2,635.52	14.3 %	273.55	75.8 %	61.53	429.5 %
2018	12,263.16	22.8 %	3,365.33	51.0 %	2,660.58	63.2 %
Q1 2019	2,544.34	(6.7 %)	265.99	(69.1 %)	98.49	(86.3 %)
Q2 2019	2,429.18	(31.1 %)	196.70	(84.9 %)	39.59	(96.5 %)
Q3 2019	2,303.21	(31.8 %)	379.59	(59.2 %)	201.23	(73.6 %)
Q4 2019	2,259.67	(14.3 %)	229.92	(15.9 %)	39.70	(35.5 %)
2019	9,536.40	(22.2 %)	1,072.21	(68.1 %)	379.00	(85.8 %)
Q1 2020	1,887.93	(25.8 %)	(220.77)	(183.0 %)	(350.93)	(456.3 %)
Q2 2020	1,536.91	(36.7 %)	(70.76)	(136.0 %)	(215.41)	(644.1 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2010	-	-	-	-	(14.25)	15.4 %
2011	2,403.41	-	32.44	-	(56.16)	(294.2 %)
2012	9,482.23	294.5 %	151.61	367.4 %	(178.84)	(218.4 %)
2013	10,352.65	9.2 %	625.10	312.3 %	258.26	244.4 %
2014	11,636.03	12.4 %	975.60	56.1 %	522.78	102.4 %
2015	7,975.72	(31.5 %)	(209.04)	(121.4 %)	(593.53)	(213.5 %)
2016	8,608.82	7.9 %	1,766.26	944.9 %	1,059.20	278.5 %
2017	9,983.93	16.0 %	2,228.39	26.2 %	1,630.48	53.9 %
2018	12,263.16	22.8 %	3,365.33	51.0 %	2,660.58	63.2 %
2019	9,536.40	(22.2 %)	1,072.21	(68.1 %)	379.00	(85.8 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2011	(8.33)	(121.1 %)	(0.01)	-	(8.33)	(0.01)
Q2 2011	(16.01)	(791.4 %)	(0.01)	-	(16.01)	(0.01)
Q3 2011	(35.16)	(593.7 %)	(0.02)	-	(35.16)	(0.02)
Q4 2011	(190.75)	(4,693.9 %)	(0.13)	(10.98)	(179.78)	(0.12)
2011	(250.25)	(1,612.6 %)	(0.17)	(10.98)	(239.28)	(0.16)
Q1 2012	(71.12)	(753.5 %)	(0.05)	-	(71.12)	(0.05)
Q2 2012	(328.32)	(1,950.7 %)	(0.22)	-	(328.32)	(0.22)
Q3 2012	(178.37)	(407.3 %)	(0.12)	-	(178.37)	(0.12)
Q4 2012	(194.45)	(1.9 %)	(0.13)	-	(194.45)	(0.13)
2012	(772.27)	(208.6 %)	(0.51)	-	(772.27)	(0.51)
Q1 2013	(154.87)	(117.8 %)	(0.10)	-	(154.87)	(0.10)
Q2 2013	(238.24)	27.4 %	(0.16)	-	(238.24)	(0.16)
Q3 2013	43.27	124.3 %	0.03	-	43.27	0.03
Q4 2013	3.42	101.8 %	0.00	-	3.42	0.00
2013	(346.41)	55.1 %	(0.23)	-	(346.41)	(0.23)
Q1 2014	9.94	106.4 %	0.01	-	9.94	0.01
Q2 2014	(133.09)	44.1 %	(0.09)	-	(133.09)	(0.09)
Q3 2014	66.91	54.6 %	0.04	-	66.91	0.04
Q4 2014	11.78	244.7 %	0.01	-	11.78	0.01
2014	(44.71)	87.1 %	(0.03)	-	(44.71)	(0.03)
Q1 2015	(591.64)	(6052.2 %)	(0.39)	-	(591.64)	(0.39)
Q2 2015	(13.42)	89.9 %	(0.01)	-	(13.42)	(0.01)
Q3 2015	(13.81)	(120.6 %)	(0.01)	-	(13.81)	(0.01)
Q4 2015	(624.14)	(5397.8 %)	(0.42)	-	(624.14)	(0.42)
2015	(1243.01)	(2,680.5 %)	(0.83)	-	(1243.01)	(0.83)
Q1 2016	(194.99)	67.0 %	(0.13)	(22.64)	(172.35)	(0.11)
Q2 2016	97.31	825.1 %	0.06	(6.23)	103.54	0.07
Q3 2016	158.16	1245.6 %	0.11	-	158.16	0.11
Q4 2016	91.58	114.7 %	0.06	-	91.58	0.06
2016	152.06	112.2 %	0.10	(28.87)	180.93	0.12
Q1 2017	265.46	236.1 %	0.18	(68.78)	334.24	0.22
Q2 2017	242.01	148.7 %	0.16	(1.75)	243.75	0.16
Q3 2017	381.03	140.9 %	0.25	(2.16)	383.19	0.26
Q4 2017	(220.32)	(340.6 %)	(0.15)	(4.13)	(216.20)	(0.14)
2017	668.17	339.4 %	0.45	(76.81)	744.98	0.50
Q1 2018	462.58	74.3 %	0.31	(23.51)	486.09	0.32
Q2 2018	878.66	263.1 %	0.59	(1.33)	879.99	0.59
Q3 2018	471.91	23.8 %	0.31	-	471.91	0.31
Q4 2018	(110.90)	49.7 %	(0.07)	-	(110.90)	(0.07)
2018	1,702.25	154.8 %	1.13	(24.84)	1,727.09	1.15
Q1 2019	(197.49)	(142.7 %)	(0.13)	-	(197.49)	(0.13)
Q2 2019	(273.13)	(131.1 %)	(0.18)	-	(273.13)	(0.18)
Q3 2019	1.26	(99.7 %)	0.00	-	1.26	0.00
Q4 2019	(167.41)	(51.0 %)	(0.11)	-	(167.41)	(0.11)
2019	(636.78)	(137.4 %)	(0.42)	-	(636.78)	(0.42)
Q1 2020	(516.79)	(161.7 %)	(0.34)	-	(516.79)	(0.34)
Q2 2020	(398.19)	(45.8 %)	(0.27)	-	(398.19)	(0.27)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2010	(14.61)	13.6 %	(0.01)	-	(14.61)	(0.01)
2011	(250.25)	(1,612.6 %)	(0.17)	(10.98)	(239.28)	(0.16)
2012	(772.27)	(208.6 %)	(0.51)	-	(772.27)	(0.51)
2013	(346.41)	55.1 %	(0.23)	-	(346.41)	(0.23)
2014	(44.71)	87.1 %	(0.03)	-	(44.71)	(0.03)
2015	(1243.01)	(2,680.5 %)	(0.83)	-	(1243.01)	(0.83)
2016	152.06	112.2 %	0.10	(28.87)	180.93	0.12
2017	668.17	339.4 %	0.45	(76.81)	744.98	0.50
2018	1,702.25	154.8 %	1.13	(24.84)	1,727.09	1.15
2019	(636.78)	(137.4 %)	(0.42)	-	(636.78)	(0.42)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2011	-	-	-
Q2 2011	-	-	-
Q3 2011	-	-	-
Q4 2011	1.35 %	16.92 %	(9.96 %)
2011	1.35 %	16.92 %	(9.96 %)
Q1 2012	3.70 %	21.55 %	(6.79 %)
Q2 2012	1.37 %	19.05 %	(9.08 %)
Q3 2012	1.62 %	19.64 %	(8.46 %)
Q4 2012	1.60 %	19.88 %	(8.14 %)
2012	1.60 %	19.88 %	(8.14 %)
Q1 2013	0.82 %	19.41 %	(8.99 %)
Q2 2013	1.37 %	23.60 %	(8.07 %)
Q3 2013	3.70 %	25.88 %	(5.26 %)
Q4 2013	5.87 %	24.25 %	(3.35 %)
2013	6.04 %	24.41 %	(3.35 %)
Q1 2014	7.25 %	24.70 %	(1.62 %)
Q2 2014	8.07 %	22.57 %	(0.64 %)
Q3 2014	8.05 %	21.45 %	(0.44 %)
Q4 2014	8.36 %	25.33 %	(0.38 %)
2014	8.38 %	25.35 %	(0.38 %)
Q1 2015	3.29 %	22.85 %	(6.16 %)
Q2 2015	4.92 %	26.19 %	(5.45 %)
Q3 2015	4.95 %	28.93 %	(7.04 %)
Q4 2015	(2.62 %)	23.62 %	(15.58 %)
2015	(2.62 %)	23.62 %	(15.58 %)
Q1 2016	4.35 %	28.35 %	(10.41 %)
Q2 2016	7.50 %	29.78 %	(8.92 %)
Q3 2016	11.26 %	31.82 %	(6.65 %)
Q4 2016	20.97 %	39.26 %	2.10 %
2016	20.52 %	39.26 %	2.10 %
Q1 2017	24.49 %	41.16 %	7.17 %
Q2 2017	24.87 %	41.90 %	8.50 %
Q3 2017	25.89 %	42.76 %	10.39 %
Q4 2017	22.50 %	39.48 %	7.46 %
2017	22.32 %	39.49 %	7.46 %
Q1 2018	23.70 %	40.57 %	8.93 %
Q2 2018	27.52 %	42.11 %	13.62 %
Q3 2018	27.21 %	40.68 %	13.59 %
Q4 2018	27.44 %	40.23 %	14.08 %
2018	27.44 %	40.23 %	14.08 %
Q1 2019	22.93 %	35.96 %	8.64 %
Q2 2019	15.16 %	29.92 %	(1.00 %)
Q3 2019	11.26 %	27.64 %	(5.85 %)
Q4 2019	11.24 %	28.50 %	(6.68 %)
2019	11.24 %	28.50 %	(6.68 %)
Q1 2020	6.59 %	25.47 %	(10.77 %)
Q2 2020	3.98 %	24.94 %	(13.54 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2010	-	-	-
2011	1.35 %	16.92 %	(9.96 %)
2012	1.60 %	19.88 %	(8.14 %)
2013	6.04 %	24.41 %	(3.35 %)
2014	8.38 %	25.35 %	(0.38 %)
2015	(2.62 %)	23.62 %	(15.58 %)
2016	20.52 %	39.26 %	2.10 %
2017	22.32 %	39.49 %	7.46 %
2018	27.44 %	40.23 %	14.08 %
2019	11.24 %	28.50 %	(6.68 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2011	-	-	-
Q2 2011	-	-	-
Q3 2011	-	-	-
Q4 2011	1.35 %	17.38 %	(7.48 %)
Q1 2012	6.47 %	26.83 %	(3.48 %)
Q2 2012	(3.12 %)	14.10 %	(14.17 %)
Q3 2012	2.40 %	21.25 %	(8.12 %)
Q4 2012	1.33 %	18.58 %	(6.65 %)
Q1 2013	2.82 %	24.54 %	(7.45 %)
Q2 2013	(0.88 %)	31.44 %	(10.41 %)
Q3 2013	9.99 %	29.63 %	1.42 %
Q4 2013	9.02 %	12.82 %	0.12 %
Q1 2014	8.97 %	26.18 %	0.34 %
Q2 2014	4.27 %	21.38 %	(4.49 %)
Q3 2014	9.83 %	25.10 %	2.07 %
Q4 2014	10.60 %	29.30 %	0.47 %
Q1 2015	(20.99 %)	11.87 %	(33.76 %)
Q2 2015	12.00 %	35.84 %	(0.62 %)
Q3 2015	12.27 %	35.37 %	(0.63 %)
Q4 2015	(19.59 %)	6.89 %	(33.21 %)
Q1 2016	10.94 %	33.59 %	(10.18 %)
Q2 2016	23.59 %	41.06 %	4.81 %
Q3 2016	25.07 %	42.17 %	6.84 %
Q4 2016	21.73 %	38.86 %	3.74 %
Q1 2017	27.25 %	42.46 %	12.53 %
Q2 2017	25.24 %	44.19 %	10.56 %
Q3 2017	28.89 %	45.37 %	14.18 %
Q4 2017	6.75 %	24.40 %	(9.38 %)
Q1 2018	31.59 %	46.40 %	17.82 %
Q2 2018	36.91 %	47.86 %	24.97 %
Q3 2018	27.53 %	39.68 %	13.98 %
Q4 2018	10.38 %	24.32 %	(4.21 %)
Q1 2019	10.45 %	26.59 %	(7.76 %)
Q2 2019	8.10 %	25.93 %	(11.24 %)
Q3 2019	16.48 %	34.42 %	0.05 %
Q4 2019	10.17 %	27.38 %	(7.41 %)
Q1 2020	(11.69 %)	11.67 %	(27.37 %)
Q2 2020	(4.60 %)	23.44 %	(25.91 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2011	1,500.00	(0.01)	(0.01)	10.30
Q2 2011	1,500.00	(0.02)	(0.02)	10.29
Q3 2011	1,500.00	(0.04)	(0.04)	10.27
Q4 2011	1,500.00	(0.17)	(0.16)	10.14
Q1 2012	1,500.00	(0.21)	(0.20)	10.09
Q2 2012	1,500.00	(0.42)	(0.41)	9.88
Q3 2012	1,500.00	(0.51)	(0.51)	9.76
Q4 2012	1,500.00	(0.51)	(0.51)	9.63
Q1 2013	1,500.00	(0.57)	(0.57)	9.52
Q2 2013	1,500.00	(0.51)	(0.51)	9.36
Q3 2013	1,500.00	(0.36)	(0.36)	9.39
Q4 2013	1,500.00	(0.23)	(0.23)	9.40
Q1 2014	1,500.00	(0.12)	(0.12)	9.40
Q2 2014	1,500.00	(0.05)	(0.05)	9.31
Q3 2014	1,500.00	(0.04)	(0.04)	9.36
Q4 2014	1,500.00	(0.03)	(0.03)	9.37
Q1 2015	1,500.00	(0.43)	(0.43)	8.97
Q2 2015	1,500.00	(0.35)	(0.35)	8.96
Q3 2015	1,500.00	(0.40)	(0.40)	8.95
Q4 2015	1,500.00	(0.83)	(0.83)	8.54
Q1 2016	1,500.00	(0.56)	(0.55)	8.58
Q2 2016	1,500.00	(0.49)	(0.47)	8.45
Q3 2016	1,500.00	(0.38)	(0.36)	8.56
Q4 2016	1,500.00	0.10	0.12	8.83
Q1 2017	1,500.00	0.41	0.46	9.01
Q2 2017	1,500.00	0.50	0.55	9.17
Q3 2017	1,500.00	0.65	0.70	9.42
Q4 2017	1,500.00	0.45	0.50	9.27
Q1 2018	1,500.00	0.58	0.60	9.60
Q2 2018	1,500.00	1.00	1.02	10.18
Q3 2018	1,500.00	1.06	1.08	10.50
Q4 2018	1,500.00	1.13	1.15	10.47
Q1 2019	1,500.00	0.69	0.70	10.32
Q2 2019	1,500.00	(0.07)	(0.07)	10.13
Q3 2019	1,500.00	(0.39)	(0.39)	10.08
Q4 2019	1,500.00	(0.42)	(0.42)	9.97
Q1 2020	1,500.00	(0.64)	(0.64)	9.62
Q2 2020	1,500.00	(0.72)	(0.72)	9.33

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2010	1,500.00	(0.01)	(0.01)	10.31
2011	1,500.00	(0.17)	(0.16)	10.14
2012	1,500.00	(0.51)	(0.51)	9.63
2013	1,500.00	(0.23)	(0.23)	9.40
2014	1,500.00	(0.03)	(0.03)	9.37
2015	1,500.00	(0.83)	(0.83)	8.54
2016	1,500.00	0.10	0.12	8.83
2017	1,500.00	0.45	0.50	9.27
2018	1,500.00	1.13	1.15	10.47
2019	1,500.00	(0.42)	(0.42)	9.97

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2011	NEG	NEG	1.81
Q2 2011	NEG	NEG	1.79
Q3 2011	NEG	NEG	1.66
Q4 2011	NEG	NEG	1.72
Q1 2012	NEG	NEG	2.00
Q2 2012	NEG	NEG	1.51
Q3 2012	NEG	NEG	1.34
Q4 2012	NEG	NEG	1.26
Q1 2013	NEG	NEG	1.21
Q2 2013	NEG	NEG	1.22
Q3 2013	NEG	NEG	1.28
Q4 2013	NEG	NEG	1.67
Q1 2014	NEG	NEG	1.76
Q2 2014	NEG	NEG	1.58
Q3 2014	NEG	NEG	1.78
Q4 2014	NEG	NEG	1.17
Q1 2015	NEG	NEG	1.20
Q2 2015	NEG	NEG	1.20
Q3 2015	NEG	NEG	0.93
Q4 2015	NEG	NEG	0.79
Q1 2016	NEG	NEG	0.59
Q2 2016	NEG	NEG	0.77
Q3 2016	NEG	NEG	0.63
Q4 2016	87.20	73.29	1.00
Q1 2017	19.42	17.30	0.88
Q2 2017	17.45	15.97	0.96
Q3 2017	13.82	12.87	0.96
Q4 2017	23.98	21.50	1.15
Q1 2018	23.71	22.88	1.43
Q2 2018	15.76	15.44	1.55
Q3 2018	15.90	15.61	1.61
Q4 2018	11.63	11.46	1.26
Q1 2019	20.24	20.21	1.36
Q2 2019	NEG	NEG	1.21
Q3 2019	NEG	NEG	1.01
Q4 2019	NEG	NEG	1.11
Q1 2020	NEG	NEG	0.75
Q2 2020	NEG	NEG	0.88

Period	P/E	Adjusted P/E	Price/book
2010	NEG	NEG	1.87
2011	NEG	NEG	1.72
2012	NEG	NEG	1.26
2013	NEG	NEG	1.67
2014	NEG	NEG	1.17
2015	NEG	NEG	0.79
2016	87.20	73.29	1.00
2017	23.98	21.50	1.15
2018	11.63	11.46	1.26
2019	NEG	NEG	1.11

Analysts Estimates (Million)

Item	Q2 2020 (e)	Q2 2020 (a)	Change‬
Average	(238.00)	(398.19)	(67.3 %)

Estimates vs Actual (Million)

Item	Q2 2020 (e)	Q2 2020 (a)	Change
YAQEEN	(398.20)	(398.19)	0.0 %
SNB Capital	(318.00)	(398.19)	(25.2) %
AlJazira Capital	(234.80)	(398.19)	(69.6) %
Riyad Capital	(1.00)	(398.19)	(39719.4) %

Financial Ratios

	Current
Market Cap (M Riyal)	10,305.00
Enterprise Value (EV) (M)	18,965.11
Shares Outstanding ((M))	1,500.00
EPS ( Riyal) (TTM)	(1.16)
Book Value (BV) ( Riyal)	8.10
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	0.85
Return on Average Assets (%) (TTM)	(6.64 )
Return on Average Equity (%) (TTM)	(13.30 )

Saudi Kayan Petrochemical Co. (SAUDI KAYAN)

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Saudi Kayan widens H1 2020 net loss by 94.4% to SAR 915 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

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Saudi Kayan Petrochemical Co. (SAUDI KAYAN)

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Saudi Kayan widens H1 2020 net loss by 94.4% to SAR 915 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

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Saudi Kayan Petrochemical Co. (SAUDI KAYAN)

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