Zoujaj widens loss to SAR 5.1 mln in 9M 2020

Zoujaj widens loss to SAR 5.1 mln in 9M 2020

21/10/2020 Argaam Exclusive

View other reports

The National Company for Glass Industries (Zoujaj) widened net loss after Zakat and tax to SAR 5.1 million in the first nine months of 2020, compared to a loss of SAR 3.3 million in the same period last year.

 

The decline was driven by lower profit share from associate and weak operating profit due to the fallout of COVID-19 pandemic.



Financials (M)

Item 9m 2019 9m 2020 Change‬
Revenues 59.95 57.35 (4.3 %)
Gross Income 6.00 3.48 (41.9 %)
Operating Income (2.17) (4.32) (99.1 %)
Net Income (3.36) (5.15) (53.4 %)
Average Shares 32.90 32.90 -
EPS (Riyals) (0.10) (0.16) (53.4 %)

The third-quarter net profit after Zakat and tax stood at SAR 2.6 million, versus net losses of SAR 6.57 million in year-earlier period, thanks to lower operating loss, higher sales, decreased cost of sales and higher profit share from associate.

 

When compared to previous quarter, Zoujaj turned to profit in Q3 from SAR 10.1 million loss in Q2 2020.



Current Quarter Comparison (M)

Compared With The
Item Q3 2019 Q3 2020 Change‬
Revenues 13.58 16.22 19.4 %
Gross Income (2.73) 0.10 103.6 %
Operating Income (5.22) (2.81) 46.2 %
Net Income (6.57) 2.64 140.1 %
Average Shares 32.90 32.90 -
EPS (Riyals) (0.20) 0.08 140.1 %


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2011 31.66 4.7 % 13.19 (5.0 %) 9.89 (12.3 %)
Q2 2011 32.76 15.8 % 12.16 (0.5 %) 9.52 (3.4 %)
Q3 2011 27.17 10.1 % 9.45 (11.9 %) 7.10 (10.5 %)
Q4 2011 26.39 (4.5 %) 8.84 (32.8 %) 6.16 (44.3 %)
Q1 2012 25.58 (19.2 %) 9.82 (25.5 %) 6.69 (32.3 %)
Q2 2012 30.06 (8.2 %) 12.14 (0.1 %) 9.14 (3.9 %)
Q3 2012 26.47 (2.6 %) 9.84 4.1 % 6.90 (2.8 %)
Q4 2012 30.65 16.1 % 10.04 13.6 % 6.80 10.5 %
Q1 2013 24.21 (5.4 %) 8.59 (12.6 %) 5.23 (21.9 %)
Q2 2013 28.96 (3.7 %) 11.56 (4.8 %) 8.35 (8.7 %)
Q3 2013 24.22 (8.5 %) 8.47 (13.9 %) 5.88 (14.7 %)
Q4 2013 24.64 (19.6 %) 8.57 (14.6 %) 5.30 (22.1 %)
Q1 2014 29.88 23.4 % 10.63 23.8 % 7.69 47.1 %
Q2 2014 21.24 (26.7 %) 6.39 (44.8 %) 3.10 (62.9 %)
Q3 2014 23.66 (2.3 %) 9.30 9.8 % 6.44 9.5 %
Q4 2014 25.25 2.5 % 10.41 21.4 % 7.25 36.8 %
Q1 2015 27.81 (6.9 %) 10.68 0.5 % 7.62 (1.0 %)
Q2 2015 23.17 9.1 % 8.48 32.8 % 5.48 76.9 %
Q3 2015 20.24 (14.5 %) 5.14 (44.8 %) 2.13 (66.9 %)
Q4 2015 32.67 29.4 % 11.40 9.5 % 7.06 (2.6 %)
Q1 2016 33.73 21.3 % 12.08 13.1 % 8.99 18.0 %
Q2 2016 32.85 41.8 % 9.50 12.0 % 6.42 17.2 %
Q3 2016 17.01 (16.0 %) 2.34 (54.4 %) (0.41) (119.4 %)
Q4 2016 17.24 (47.2 %) 3.06 (73.2 %) 0.21 (97.0 %)
Q1 2017 36.47 8.1 % 11.06 (8.4 %) 7.28 (19.0 %)
Q2 2017 26.49 (19.4 %) 7.21 (24.2 %) 4.29 (33.2 %)
Q3 2017 31.67 86.2 % 5.57 138.0 % 2.25 642.5 %
Q4 2017 22.27 29.2 % 2.48 (19.1 %) (2.42) (1251.9 %)
Q1 2018 24.65 (32.4 %) 8.72 (21.2 %) 5.03 (30.9 %)
Q2 2018 29.18 10.2 % 9.35 29.8 % 5.91 38.0 %
Q3 2018 24.56 (22.4 %) 6.90 23.8 % 3.74 66.7 %
Q4 2018 20.28 (8.9 %) 4.70 89.5 % 3.37 239.4 %
Q1 2019 25.97 5.4 % 6.48 (25.6 %) 3.53 (29.9 %)
Q2 2019 20.40 (30.1 %) 2.24 (76.0 %) (0.48) (108.1 %)
Q3 2019 13.58 (44.7 %) (2.73) (139.6 %) (5.22) (239.4 %)
Q4 2019 14.91 (26.5 %) (0.65) (113.9 %) (4.07) (220.6 %)
Q1 2020 22.11 (14.8 %) 2.49 (61.7 %) 0.06 (98.2 %)
Q2 2020 19.01 (6.8 %) 0.90 (59.9 %) (1.61) (237.7 %)
Q3 2020 16.22 19.4 % 0.10 103.6 % (2.81) 46.2 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2011 24.96 43.2 % 0.83 - 24.96 0.83
Q2 2011 29.70 56.7 % 0.99 - 29.70 0.99
Q3 2011 21.15 4.7 % 0.70 - 21.15 0.70
Q4 2011 5.32 (63.3 %) 0.18 - 5.32 0.18
Q1 2012 17.71 (29.1 %) 0.59 - 17.71 0.59
Q2 2012 15.86 (46.6 %) 0.53 - 15.86 0.53
Q3 2012 11.67 (44.8 %) 0.39 - 11.67 0.39
Q4 2012 (1.58) (129.7 %) (0.05) - (1.58) (0.05)
Q1 2013 8.62 (51.3 %) 0.29 - 8.62 0.29
Q2 2013 13.08 (17.5 %) 0.44 - 13.08 0.44
Q3 2013 13.40 14.8 % 0.45 - 13.40 0.45
Q4 2013 9.82 722.4 % 0.33 - 9.82 0.33
Q1 2014 14.83 72.0 % 0.49 - 14.83 0.49
Q2 2014 14.09 7.7 % 0.47 - 14.09 0.47
Q3 2014 16.86 25.8 % 0.56 - 16.86 0.56
Q4 2014 15.74 60.2 % 0.52 - 15.74 0.52
Q1 2015 18.64 25.7 % 0.62 - 18.64 0.62
Q2 2015 16.62 18.0 % 0.55 - 16.62 0.55
Q3 2015 6.30 (62.6 %) 0.21 - 6.30 0.21
Q4 2015 3.54 (77.5 %) 0.12 - 3.54 0.12
Q1 2016 13.66 (26.7 %) 0.46 - 13.66 0.46
Q2 2016 11.64 (30.0 %) 0.39 - 11.64 0.39
Q3 2016 4.70 (25.4 %) 0.16 - 4.70 0.16
Q4 2016 (7.82) (320.7 %) (0.26) (9.00) 1.19 0.04
Q1 2017 15.20 11.3 % 0.47 - 15.20 0.47
Q2 2017 37.61 223.2 % 1.17 26.75 10.85 0.34
Q3 2017 14.78 214.2 % 0.46 - 14.78 0.46
Q4 2017 (2.38) 69.6 % (0.07) (8.20) 5.82 0.18
Q1 2018 11.37 (25.2 %) 0.35 (5.60) 16.96 0.52
Q2 2018 11.56 (69.3 %) 0.35 (4.78) 16.34 0.50
Q3 2018 8.68 (41.3 %) 0.26 (5.42) 14.10 0.43
Q4 2018 0.14 105.7 % 0.00 (15.21) 15.35 0.47
Q1 2019 4.63 (59.3 %) 0.14 (3.22) 7.84 0.24
Q2 2019 (1.41) (112.2 %) (0.04) (0.69) (0.73) (0.02)
Q3 2019 (6.57) (175.7 %) (0.20) (0.66) (5.91) (0.18)
Q4 2019 (27.97) (20663.2 %) (0.85) (27.76) (0.21) (0.01)
Q1 2020 2.29 (50.5 %) 0.07 - 2.29 0.07
Q2 2020 (10.07) (612.4 %) (0.31) - (10.07) (0.31)
Q3 2020 2.64 140.1 % 0.08 - 2.64 0.08

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2011 43.90 % 45.40 % 70.02 %
Q2 2011 42.16 % 43.31 % 76.54 %
Q3 2011 40.21 % 41.73 % 75.73 %
Q4 2011 36.98 % 38.01 % 68.76 %
Q1 2012 35.98 % 37.57 % 66.02 %
Q2 2012 36.86 % 38.30 % 54.97 %
Q3 2012 37.46 % 38.40 % 46.60 %
Q4 2012 37.10 % 37.23 % 38.72 %
Q1 2013 36.45 % 36.00 % 31.04 %
Q2 2013 36.29 % 35.14 % 28.84 %
Q3 2013 35.78 % 34.67 % 31.03 %
Q4 2013 36.46 % 35.04 % 44.04 %
Q1 2014 36.43 % 35.32 % 47.48 %
Q2 2014 34.07 % 32.67 % 52.15 %
Q3 2014 35.10 % 32.17 % 55.92 %
Q4 2014 36.72 % 32.85 % 61.49 %
Q1 2015 37.55 % 31.98 % 66.68 %
Q2 2015 38.92 % 32.33 % 67.93 %
Q3 2015 35.98 % 29.97 % 59.40 %
Q4 2015 34.37 % 31.29 % 43.42 %
Q1 2016 33.79 % 34.71 % 36.54 %
Q2 2016 31.90 % 36.13 % 29.41 %
Q3 2016 30.38 % 37.26 % 28.85 %
Q4 2016 26.76 % 36.55 % 30.93 %
Q1 2017 25.07 % 35.55 % 31.60 %
Q2 2017 24.35 % 37.55 % 32.86 %
Q3 2017 24.05 % 36.80 % 37.56 %
Q4 2017 22.52 % 34.31 % 39.91 %
Q1 2018 22.82 % 35.90 % 46.08 %
Q2 2018 24.24 % 36.67 % 50.02 %
Q3 2018 27.27 % 40.70 % 52.88 %
Q4 2018 30.07 % 47.29 % 63.60 %
Q1 2019 27.43 % 45.31 % 53.63 %
Q2 2019 22.28 % 42.24 % 40.08 %
Q3 2019 13.33 % 36.44 % 20.64 %
Q4 2019 7.14 % 28.99 % 1.34 %
Q1 2020 1.89 % 24.63 % (6.41 %)
Q2 2020 - 22.70 % (19.96 %)
Q3 2020 3.92 % 24.40 % (7.41 %)


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2011 30.00 2.62 2.62 18.66
Q2 2011 30.00 2.98 2.98 18.06
Q3 2011 30.00 3.01 3.01 18.60
Q4 2011 30.00 2.70 2.70 19.12
Q1 2012 30.00 2.46 2.46 20.12
Q2 2012 30.00 2.00 2.00 18.25
Q3 2012 30.00 1.69 1.69 18.51
Q4 2012 30.00 1.46 1.46 18.81
Q1 2013 30.00 1.15 1.15 19.08
Q2 2013 30.00 1.06 1.06 18.35
Q3 2013 30.00 1.12 1.12 19.03
Q4 2013 30.00 1.50 1.50 19.69
Q1 2014 30.00 1.70 1.70 20.41
Q2 2014 30.00 1.74 1.74 19.49
Q3 2014 30.00 1.85 1.85 20.04
Q4 2014 30.00 2.05 2.05 20.56
Q1 2015 30.00 2.18 2.18 21.18
Q2 2015 30.00 2.26 2.26 19.98
Q3 2015 30.00 1.91 1.91 19.19
Q4 2015 30.00 1.50 1.50 19.31
Q1 2016 30.00 1.34 1.34 19.73
Q2 2016 30.00 1.17 1.17 19.55
Q3 2016 30.00 1.12 1.12 18.93
Q4 2016 30.00 0.74 1.04 18.50
Q1 2017 32.18 0.74 1.02 19.06
Q2 2017 32.18 1.54 0.99 19.35
Q3 2017 32.18 1.86 1.31 19.30
Q4 2017 32.18 2.03 1.45 19.46
Q1 2018 32.90 1.87 1.47 19.53
Q2 2018 32.90 1.07 1.64 19.33
Q3 2018 32.90 0.89 1.62 19.77
Q4 2018 32.90 0.96 1.91 19.83
Q1 2019 32.90 0.76 1.63 20.21
Q2 2019 32.90 0.37 1.11 19.08
Q3 2019 32.90 (0.10) 0.50 18.88
Q4 2019 32.90 (0.95) 0.03 18.05
Q1 2020 32.90 (1.02) (0.14) 18.10
Q2 2020 32.90 (1.29) (0.42) 17.75
Q3 2020 32.90 (1.01) (0.16) 17.83

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2011 12.48 12.48 1.75
Q2 2011 12.41 12.41 2.05
Q3 2011 12.83 12.83 2.08
Q4 2011 14.48 14.48 2.05
Q1 2012 18.13 18.13 2.22
Q2 2012 15.35 15.35 1.68
Q3 2012 18.42 18.42 1.68
Q4 2012 19.29 19.29 1.49
Q1 2013 24.93 24.93 1.51
Q2 2013 25.66 25.66 1.48
Q3 2013 30.42 30.42 1.79
Q4 2013 21.97 21.97 1.67
Q1 2014 20.33 20.33 1.70
Q2 2014 23.97 23.97 2.14
Q3 2014 27.13 27.13 2.51
Q4 2014 17.51 17.51 1.75
Q1 2015 19.66 19.66 2.02
Q2 2015 19.84 19.84 2.25
Q3 2015 17.33 17.33 1.73
Q4 2015 19.19 19.19 1.49
Q1 2016 16.87 16.87 1.14
Q2 2016 19.52 19.52 1.17
Q3 2016 15.41 15.41 0.91
Q4 2016 29.51 20.99 1.18
Q1 2017 26.07 18.90 1.08
Q2 2017 13.15 20.46 1.03
Q3 2017 11.79 16.77 1.11
Q4 2017 10.63 14.86 1.08
Q1 2018 11.07 14.03 1.06
Q2 2018 18.67 12.23 1.04
Q3 2018 20.49 11.25 0.92
Q4 2018 18.66 9.44 0.91
Q1 2019 24.21 11.29 0.91
Q2 2019 48.97 16.11 0.94
Q3 2019 NEG 35.88 0.96
Q4 2019 NEG More than 100 0.98
Q1 2020 NEG NEG 0.76
Q2 2020 NEG NEG 0.91
Q3 2020 NEG NEG 1.64


Financial Ratios
Current
Market Cap (M Riyal) 1,911.49
Enterprise Value (EV) (M) 1,902.92
Shares Outstanding ((M)) 32.90
EPS ( Riyal) (TTM) 3.07
Book Value (BV) ( Riyal) 23.11
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 18.92
P/E (TTM) 18.92
Price/book 2.51
Return on Average Assets (%) (TTM) 12.5
Return on Average Equity (%) (TTM) 13.9
more

Share Price

The National Company for Glass Industries
58.10
1.10 1.93 %

The National Company for Glass Industries (ZOUJAJ)

More

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
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.