Hail cement posts higher net profit at SAR 81m in I2 of 2014

Hail cement posts higher net profit at SAR 81m in I2 of 2014

30/06/2014 Argaam Exclusive

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Hail Cement Company, reported SAR 81m net profit at the end of the first half of 2014,  compared to SAR 4.6m in the same period last year.



Financials (M)

Item 6m 2013 6m 2014 Change‬
Revenues 54.67 184.19 236.9 %
Gross Income 26.36 98.83 275.0 %
Operating Income 18.44 86.43 368.8 %
Net Income 4.62 81.10 1655.8 %
Average Shares 97.90 97.90 -
EPS (Riyals) 0.05 0.83 1655.8 %


Current Quarter Comparison (M)

Compared With The
Item Q2 2013 Q2 2014 Change‬
Revenues 54.67 100.71 84.2 %
Gross Income 26.36 54.60 107.2 %
Operating Income 18.44 48.88 165.1 %
Net Income 18.55 46.00 148.0 %
Average Shares 97.90 97.90 -
EPS (Riyals) 0.19 0.47 148.0 %


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2005 - - - - - -
Q2 2005 - - - - - -
Q3 2005 - - - - - -
Q4 2005 - - - - - -
Q1 2006 - - - - - -
Q2 2006 - - - - - -
Q3 2006 - - - - - -
Q4 2006 - - - - - -
Q1 2007 - - - - - -
Q2 2007 - - - - - -
Q3 2007 - - - - - -
Q4 2007 - - - - - -
Q1 2008 - - - - - -
Q2 2008 - - - - - -
Q3 2008 - - - - - -
Q4 2008 - - - - - -
Q1 2009 - - - - - -
Q2 2009 - - - - - -
Q3 2009 - - - - - -
Q4 2009 - - - - - -
Q1 2010 - - - - - -
Q2 2010 - - - - - -
Q3 2010 - - - - - -
Q4 2010 - - - - - -
Q1 2011 - - - - - -
Q2 2011 - - - - - -
Q3 2011 - - - - - -
Q4 2011 - - - - - -
Q1 2012 - - - - (4.53) -
Q2 2012 - - - - (6.26) -
Q3 2012 - - - - (5.97) -
Q4 2012 - - - - (9.82) -
Q1 2013 - - - - - -
Q2 2013 54.67 - 26.36 - 18.44 394.6 %
Q3 2013 45.99 - 24.59 - 16.75 380.5 %
Q4 2013 58.35 - 29.78 - 28.82 393.6 %
Q1 2014 83.48 - 44.23 - 37.55 -
Q2 2014 100.71 84.2 % 54.60 107.2 % 48.88 165.1 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2005 - - - - - -
Q2 2005 - - - - - -
Q3 2005 - - - - - -
Q4 2005 - - - - - -
Q1 2006 - - - - - -
Q2 2006 - - - - - -
Q3 2006 - - - - - -
Q4 2006 - - - - - -
Q1 2007 - - - - - -
Q2 2007 - - - - - -
Q3 2007 - - - - - -
Q4 2007 - - - - - -
Q1 2008 - - - - - -
Q2 2008 - - - - - -
Q3 2008 - - - - - -
Q4 2008 - - - - - -
Q1 2009 - - - - - -
Q2 2009 - - - - - -
Q3 2009 - - - - - -
Q4 2009 - - - - - -
Q1 2010 - - - - - -
Q2 2010 - - - - - -
Q3 2010 - - - - - -
Q4 2010 - - - - - -
Q1 2011 - - - - - -
Q2 2011 - - - - - -
Q3 2011 - - - - - -
Q4 2011 - - - - - -
Q1 2012 (6.32) - (0.06) - (6.32) (0.06)
Q2 2012 (8.60) - (0.09) - (8.60) (0.09)
Q3 2012 (3.39) - (0.03) - (3.39) (0.03)
Q4 2012 (8.47) - (0.09) - (8.47) (0.09)
Q1 2013 (13.93) (120.2 %) (0.14) (13.80) (0.13) 0.00
Q2 2013 18.55 315.8 % 0.19 - 18.55 0.19
Q3 2013 16.94 599.9 % 0.17 - 16.94 0.17
Q4 2013 28.91 441.3 % 0.30 - 28.91 0.30
Q1 2014 35.10 352.0 % 0.36 - 35.10 0.36
Q2 2014 46.00 148.0 % 0.47 - 46.00 0.47

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2005 - - -
Q2 2005 - - -
Q3 2005 - - -
Q4 2005 - - -
Q1 2006 - - -
Q2 2006 - - -
Q3 2006 - - -
Q4 2006 - - -
Q1 2007 - - -
Q2 2007 - - -
Q3 2007 - - -
Q4 2007 - - -
Q1 2008 - - -
Q2 2008 - - -
Q3 2008 - - -
Q4 2008 - - -
Q1 2009 - - -
Q2 2009 - - -
Q3 2009 - - -
Q4 2009 - - -
Q1 2010 - - -
Q2 2010 - - -
Q3 2010 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - -
Q2 2012 - - -
Q3 2012 - - -
Q4 2012 - - -
Q1 2013 - - -
Q2 2013 48.21 % 37.85 % 12.00 %
Q3 2013 50.60 % 58.82 % 26.71 %
Q4 2013 50.76 % 71.16 % 40.42 %
Q1 2014 51.53 % 68.21 % 41.03 %
Q2 2014 53.09 % 68.44 % 44.00 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2005 - - - -
Q2 2005 - - - -
Q3 2005 - - - -
Q4 2005 - - - -
Q1 2006 - - - -
Q2 2006 - - - -
Q3 2006 - - - -
Q4 2006 - - - -
Q1 2007 - - - -
Q2 2007 - - - -
Q3 2007 - - - -
Q4 2007 - - - -
Q1 2008 - - - -
Q2 2008 - - - -
Q3 2008 - - - -
Q4 2008 - - - -
Q1 2009 - - - -
Q2 2009 - - - -
Q3 2009 - - - -
Q4 2009 - - - -
Q1 2010 - - - -
Q2 2010 - - - -
Q3 2010 - - - -
Q4 2010 - - - -
Q1 2011 - - - -
Q2 2011 - - - -
Q3 2011 - - - -
Q4 2011 - - - -
Q1 2012 97.90 - - 9.52
Q2 2012 97.90 - - 9.43
Q3 2012 97.90 - - 9.39
Q4 2012 97.90 (0.27) (0.27) 9.31
Q1 2013 97.90 (0.35) (0.21) 9.17
Q2 2013 97.90 (0.07) 0.07 9.36
Q3 2013 97.90 0.13 0.27 9.53
Q4 2013 97.90 0.52 0.66 9.82
Q1 2014 97.90 1.02 1.02 10.18
Q2 2014 97.90 1.30 1.30 10.65

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2005 - - -
Q2 2005 - - -
Q3 2005 - - -
Q4 2005 - - -
Q1 2006 - - -
Q2 2006 - - -
Q3 2006 - - -
Q4 2006 - - -
Q1 2007 - - -
Q2 2007 - - -
Q3 2007 - - -
Q4 2007 - - -
Q1 2008 - - -
Q2 2008 - - -
Q3 2008 - - -
Q4 2008 - - -
Q1 2009 - - -
Q2 2009 - - -
Q3 2009 - - -
Q4 2009 - - -
Q1 2010 - - -
Q2 2010 - - -
Q3 2010 - - -
Q4 2010 - - -
Q1 2011 - - -
Q2 2011 - - -
Q3 2011 - - -
Q4 2011 - - -
Q1 2012 - - 2.64
Q2 2012 - - 1.80
Q3 2012 - - 2.01
Q4 2012 NEG NEG 1.99
Q1 2013 NEG NEG 2.08
Q2 2013 NEG More than 100 2.15
Q3 2013 More than 100 79.55 2.29
Q4 2013 41.32 32.45 2.17
Q1 2014 23.17 23.17 2.31
Q2 2014 19.93 19.93 2.43

Current
Market Cap (M Riyal) 1,135.64
Enterprise Value (EV) (M) 1,030.72
Shares Outstanding ((M)) 97.90
EPS ( Riyal) (TTM) 0.22
Book Value (BV) ( Riyal) 10.02
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) More than 100
P/E (TTM) More than 100
Price/book 1.16
Return on Average Assets (%) (TTM) 1.9
Return on Average Equity (%) (TTM) 2.0

Share Price

11.60
0.02 0.17 %

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