Cenomi Retail 9M 2024 net loss narrows to SAR 48.3M; Q3 profit at SAR 19.3M

10/11/2024 Argaam Exclusive

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Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) reported a net loss of SAR 48.3 million (before minority interests) for the first nine months of 2024, compared to SAR 89.1 million in the year-earlier period.

Financials (M)

Item	9m 2023	9m 2024	Change‬
Revenues	3,771.50	3,715.53	(1.5 %)
Gross Income	525.27	445.50	(15.2 %)
Operating Income	39.56	(0.24)	(100.6 %)
Net Income	(91.78)	(53.17)	42.1 %
Average Shares	114.77	114.77	-
EPS (Riyals)	(0.80)	(0.46)	42.1 %

Selling, general and administrative expenses dropped 8.4% year-on-year (YoY) to SAR 337 million in 9M 2024, primarily due to store closures and the divestment program for non-core brands. The company also cited a 35.8% increase YoY in other operating income in 9M 2024 to SAR 259 million, as the brands divestment program resulted in a capital gain of SAR 212 million.

Net finance expenses decreased 7.3% YoY to SAR 236 million in 9M 2024, mainly driven by the repayment of SAR 636 million of debt during 2024.

International retail operations generated revenue of SAR 980 million in 9M 2024, up 20.5% YoY, largely supported by CIS robust performance. Azerbaijan witnessed an improvement of 22% YoY in 9M 2024, while Georgia increased 28.1% YoY.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2023	Q3 2024	Change‬
Revenues	1,073.85	1,170.00	9.0 %
Gross Income	80.36	124.26	54.6 %
Operating Income	(74.59)	(5.50)	92.6 %
Net Income	(204.12)	17.71	108.7 %
Average Shares	114.77	114.77	-
EPS (Riyals)	(1.78)	0.15	108.7 %

Item	Q2 2024	Q3 2024	Change‬
Revenues	1,240.80	1,170.00	(5.7 %)
Gross Income	206.40	124.26	(39.8 %)
Operating Income	61.63	(5.50)	(108.9 %)
Net Income	80.93	17.71	(78.1 %)
Average Shares	114.77	114.77	-
EPS (Riyals)	0.71	0.15	(78.1 %)

Q3 2024 net profit stood at SAR 19.3 million, versus a net loss of SAR 202.9 million in a year-earlier period.

Cenomi Retail reported revenue of SAR 1.17 billion in Q3 2024, up 9% YoY, supported by an improvement in the performance of Saudi retail operations which increased 3.6% and the continued strong momentum of the international portfolio, which increased 30.9% YoY in Q3.

On a sequential basis, net earnings plunged by 77.1% from SAR 84.1 million in Q2 2024.

Total shareholders’ equity (after minority interest) stood at SAR -830.2 million by Sept. 30, 2024, compared to SAR 221.1 million a year earlier. (needs to be rechecked).

Accumulated loss reached SAR 1.45 billion by Sept. 30, 2024, or 127% of capital.

Attached Documents

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	1,870.41	12.4 %	512.96	16.1 %	265.93	23.2 %
Q2 2015	2,102.21	1.5 %	618.82	7.7 %	374.36	28.9 %
Q3 2015	1,454.96	(6.0 %)	394.62	8.7 %	152.45	20.8 %
Q4 2015	1,515.98	(6.1 %)	239.39	(41.3 %)	59.35	(72.2 %)
2015	6,943.57	0.7 %	1,765.79	(1.2 %)	852.08	0.7 %
Q1 2016	2,189.93	17.1 %	568.80	10.9 %	318.72	19.9 %
Q2 2016	1,665.26	(20.8 %)	315.61	(49.0 %)	109.86	(70.7 %)
Q3 2016	1,430.49	(1.7 %)	311.56	(21.0 %)	93.81	(38.5 %)
Q4 2016	1,405.98	(7.3 %)	321.10	34.1 %	70.41	18.6 %
2016	6,691.66	(3.6 %)	1,517.08	(14.1 %)	592.79	(30.4 %)
Q1 2017	2,069.94	(5.5 %)	550.46	(3.2 %)	306.04	(4.0 %)
Q2 2017	1,503.55	(9.7 %)	300.12	(4.9 %)	86.21	(21.5 %)
Q3 2017	1,349.77	(5.6 %)	318.71	2.3 %	89.02	(5.1 %)
Q4 2017	1,193.26	(15.1 %)	45.34	(85.9 %)	(179.56)	(355.0 %)
2017	6,116.52	(8.6 %)	1,214.62	(19.9 %)	301.71	(49.1 %)
Q1 2018	1,845.73	(10.8 %)	523.34	(4.9 %)	304.88	(0.4 %)
Q2 2018	1,273.97	(15.3 %)	249.91	(16.7 %)	54.49	(36.8 %)
Q3 2018	1,233.53	(8.6 %)	276.69	(13.2 %)	60.95	(31.5 %)
Q4 2018	1,072.57	(10.1 %)	34.57	(23.8 %)	(84.52)	52.9 %
2018	5,425.80	(11.3 %)	1,084.50	(10.7 %)	335.80	11.3 %
Q1 2019	1,732.40	(6.1 %)	507.52	(3.0 %)	357.03	17.1 %
Q2 2019	1,234.59	(3.1 %)	183.28	(26.7 %)	43.84	(19.5 %)
Q3 2019	1,289.78	4.6 %	258.24	(6.7 %)	102.14	67.6 %
Q4 2019	1,085.03	1.2 %	46.84	35.5 %	(163.11)	(93.0 %)
2019	5,341.79	(1.5 %)	995.88	(8.2 %)	344.01	2.4 %
Q1 2020	564.95	(67.4 %)	(136.73)	(126.9 %)	(305.99)	(185.7 %)
Q2 2020	1,185.60	(4.0 %)	143.36	(21.8 %)	(41.11)	(193.8 %)
Q3 2020	1,349.71	4.6 %	281.45	9.0 %	91.63	(10.3 %)
Q4 2020	1,132.26	4.4 %	(270.38)	(677.3 %)	(466.45)	(186.0 %)
2020	4,232.51	(20.8 %)	17.70	(98.2 %)	(721.92)	(309.9 %)
Q1 2021	1,700.71	201.0 %	332.60	343.3 %	124.55	140.7 %
Q2 2021	1,361.28	14.8 %	232.34	62.1 %	77.15	287.7 %
Q3 2021	1,466.39	8.6 %	244.53	(13.1 %)	60.17	(34.3 %)
Q4 2021	-	-	-	-	-	-
2021	5,915.10	39.8 %	990.80	5498.0 %	321.15	144.5 %
Q1 2022	1,386.73	(18.5 %)	181.32	(45.5 %)	59.28	(52.4 %)
Q2 2022	1,705.64	25.3 %	240.07	3.3 %	69.64	(9.7 %)
Q3 2022	1,372.88	(6.4 %)	182.23	(25.5 %)	31.01	(48.5 %)
Q4 2022	1,060.10	-	241.64	-	132.97	-
2022	5,525.34	(6.6 %)	845.27	(14.7 %)	292.90	(8.8 %)
Q1 2023	1,330.77	(4.0 %)	156.02	(14.0 %)	(21.19)	(135.8 %)
Q2 2023	1,426.79	(16.3 %)	298.98	24.5 %	140.38	101.6 %
Q3 2023	1,073.85	(21.8 %)	80.36	(55.9 %)	(74.59)	(340.5 %)
Q4 2023	1,011.45	(4.6 %)	89.56	(62.9 %)	(127.92)	(196.2 %)
2023	5,232.23	(5.3 %)	646.51	(23.5 %)	(92.50)	(131.6 %)
Q1 2024	1,305.00	(1.9 %)	115.00	(26.3 %)	(56.37)	(166.0 %)
Q2 2024	1,240.80	(13.0 %)	206.40	(31.0 %)	61.63	(56.1 %)
Q3 2024	1,170.00	9.0 %	124.26	54.6 %	(5.50)	92.6 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2014	6,898.67	25.8 %	1,787.18	27.8 %	845.85	17.4 %
2015	6,943.57	0.7 %	1,765.79	(1.2 %)	852.08	0.7 %
2016	6,691.66	(3.6 %)	1,517.08	(14.1 %)	592.79	(30.4 %)
2017	6,116.52	(8.6 %)	1,214.62	(19.9 %)	301.71	(49.1 %)
2018	5,425.80	(11.3 %)	1,084.50	(10.7 %)	335.80	11.3 %
2019	5,341.79	(1.5 %)	995.88	(8.2 %)	344.01	2.4 %
2020	4,232.51	(20.8 %)	17.70	(98.2 %)	(721.92)	(309.9 %)
2021	5,915.10	39.8 %	990.80	5498.0 %	321.15	144.5 %
2022	5,525.34	(6.6 %)	845.27	(14.7 %)	292.90	(8.8 %)
2023	5,232.23	(5.3 %)	646.51	(23.5 %)	(92.50)	(131.6 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2015	210.80	10.2 %	1.84	(19.12)	229.93	2.00
Q2 2015	310.67	2.3 %	2.71	(30.40)	341.06	2.97
Q3 2015	91.17	(14.1 %)	0.79	(33.60)	124.77	1.09
Q4 2015	3.17	(98.4 %)	0.03	(54.65)	57.81	0.50
2015	615.81	(23.3 %)	5.37	(137.76)	753.57	6.57
Q1 2016	223.19	5.9 %	1.94	(57.45)	280.64	2.45
Q2 2016	66.82	(78.5 %)	0.58	-	66.82	0.58
Q3 2016	49.26	(46.0 %)	0.43	-	49.26	0.43
Q4 2016	86.09	2620.1 %	0.75	-	86.09	0.75
2016	425.36	(30.9 %)	3.71	(57.45)	482.81	4.21
Q1 2017	232.41	4.1 %	2.03	-	232.41	2.03
Q2 2017	6.84	(89.8 %)	0.06	(41.07)	47.91	0.42
Q3 2017	48.69	(1.2 %)	0.42	-	48.69	0.42
Q4 2017	(184.45)	(314.3 %)	(1.61)	-	(184.45)	(1.61)
2017	103.49	(75.7 %)	0.90	(41.07)	144.56	1.26
Q1 2018	249.19	7.2 %	2.17	-	249.19	2.17
Q2 2018	10.03	46.6 %	0.09	-	10.03	0.09
Q3 2018	26.53	(45.5 %)	0.23	26.26	0.27	0.00
Q4 2018	(141.00)	23.6 %	(1.23)	(1.20)	(139.80)	(1.22)
2018	144.75	39.9 %	1.26	25.05	119.70	1.04
Q1 2019	224.05	(10.1 %)	1.95	(5.98)	230.02	2.00
Q2 2019	(27.22)	(371.4 %)	(0.24)	(2.86)	(24.36)	(0.21)
Q3 2019	34.47	30.0 %	0.30	140.38	(105.91)	(0.92)
Q4 2019	(887.56)	(529.5 %)	(7.73)	(578.84)	(308.72)	(2.69)
2019	(656.26)	(553.4 %)	(5.72)	(447.30)	(208.96)	(1.82)
Q1 2020	(525.43)	(334.5 %)	(4.58)	(84.52)	(440.92)	(3.84)
Q2 2020	(98.79)	(263.0 %)	(0.86)	33.51	(132.30)	(1.15)
Q3 2020	(128.56)	(472.9 %)	(1.12)	(107.86)	(20.71)	(0.18)
Q4 2020	(337.87)	61.9 %	(2.94)	(160.95)	(176.92)	(1.54)
2020	(1090.75)	(66.2 %)	(9.50)	(319.81)	(770.94)	(6.72)
Q1 2021	46.88	108.9 %	0.41	4.08	42.81	0.37
Q2 2021	21.73	122.0 %	0.19	27.99	(6.26)	(0.05)
Q3 2021	16.87	113.1 %	0.15	5.61	11.26	0.10
Q4 2021	-	-	-	-	-	-
2021	44.69	104.1 %	0.39	(23.24)	67.94	0.59
Q1 2022	(40.79)	(187.0 %)	(0.36)	(61.59)	20.80	0.18
Q2 2022	42.82	97.1 %	0.37	-	42.82	0.37
Q3 2022	19.83	17.6 %	0.17	(5.71)	25.54	0.22
Q4 2022	17.52	-	0.15	20.37	(2.85)	(0.02)
2022	39.39	(11.9 %)	0.34	(46.93)	86.32	0.75
Q1 2023	(55.40)	(35.8 %)	(0.48)	42.88	(98.28)	(0.86)
Q2 2023	167.73	291.7 %	1.46	82.68	85.06	0.74
Q3 2023	(204.12)	(1129.3 %)	(1.78)	3.34	(207.46)	(1.81)
Q4 2023	(1085.43)	(6295.8 %)	(9.46)	(674.29)	(411.14)	(3.58)
2023	(1177.76)	(3090.3 %)	(10.26)	(546.62)	(631.14)	(5.50)
Q1 2024	(151.82)	(174.0 %)	(1.32)	34.57	(186.38)	(1.62)
Q2 2024	80.93	(51.7 %)	0.71	130.59	(49.65)	(0.43)
Q3 2024	17.71	108.7 %	0.15	82.58	(64.87)	(0.57)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2014	802.95	4.1 %	7.00	-	802.95	7.00
2015	615.81	(23.3 %)	5.37	(137.76)	753.57	6.57
2016	425.36	(30.9 %)	3.71	(57.45)	482.81	4.21
2017	103.49	(75.7 %)	0.90	(41.07)	144.56	1.26
2018	144.75	39.9 %	1.26	25.05	119.70	1.04
2019	(656.26)	(553.4 %)	(5.72)	(447.30)	(208.96)	(1.82)
2020	(1090.75)	(66.2 %)	(9.50)	(319.81)	(770.94)	(6.72)
2021	44.69	104.1 %	0.39	(23.24)	67.94	0.59
2022	39.39	(11.9 %)	0.34	(46.93)	86.32	0.75
2023	(1177.76)	(3090.3 %)	(10.26)	(546.62)	(631.14)	(5.50)

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	26.16 %	16.89 %	11.85 %
Q2 2015	26.67 %	18.17 %	12.32 %
Q3 2015	27.47 %	18.99 %	12.75 %
Q4 2015	25.43 %	17.09 %	10.85 %
2015	25.43 %	17.09 %	10.85 %
Q1 2016	25.08 %	17.13 %	11.07 %
Q2 2016	22.24 %	14.15 %	7.76 %
Q3 2016	21.10 %	13.08 %	6.68 %
Q4 2016	22.67 %	13.51 %	7.22 %
2016	22.67 %	13.51 %	7.22 %
Q1 2017	22.81 %	13.40 %	6.61 %
Q2 2017	23.14 %	13.41 %	6.48 %
Q3 2017	23.55 %	13.55 %	6.56 %
Q4 2017	19.86 %	10.13 %	2.36 %
2017	19.86 %	10.13 %	2.36 %
Q1 2018	20.15 %	10.52 %	2.74 %
Q2 2018	20.08 %	10.35 %	2.18 %
Q3 2018	19.75 %	10.08 %	1.35 %
Q4 2018	19.99 %	11.53 %	2.21 %
2018	19.99 %	11.53 %	2.21 %
Q1 2019	20.12 %	15.28 %	1.89 %
Q2 2019	19.00 %	18.25 %	1.25 %
Q3 2019	18.46 %	21.50 %	(0.75 %)
Q4 2019	18.64 %	22.90 %	(3.91 %)
2019	18.64 %	22.98 %	(3.91 %)
Q1 2020	8.42 %	13.91 %	(21.08 %)
Q2 2020	7.56 %	11.77 %	(23.95 %)
Q3 2020	8.00 %	11.49 %	(21.57 %)
Q4 2020	0.42 %	4.01 %	(18.21 %)
2020	0.42 %	4.01 %	(18.21 %)
Q1 2021	9.07 %	10.69 %	(5.35 %)
Q2 2021	10.39 %	11.76 %	(2.91 %)
Q3 2021	9.52 %	10.11 %	(2.28 %)
Q4 2021	-	-	-
2021	16.75 %	17.99 %	1.15 %
Q1 2022	-	-	-
Q2 2022	-	-	-
Q3 2022	-	-	-
Q4 2022	15.30 %	17.31 %	1.56 %
2022	15.30 %	17.31 %	1.56 %
Q1 2023	14.99 %	15.77 %	(0.60 %)
Q2 2023	16.93 %	17.96 %	0.18 %
Q3 2023	15.88 %	15.22 %	(4.57 %)
Q4 2023	12.90 %	10.30 %	(13.05 %)
2023	12.36 %	9.17 %	(12.06 %)
Q1 2024	12.12 %	9.07 %	(14.95 %)
Q2 2024	10.61 %	7.52 %	(18.45 %)
Q3 2024	11.32 %	7.64 %	(15.06 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	25.91 %	16.45 %	11.64 %
2015	25.43 %	17.09 %	10.85 %
2016	22.67 %	13.51 %	7.22 %
2017	19.86 %	10.13 %	2.36 %
2018	19.99 %	11.53 %	2.21 %
2019	18.64 %	22.98 %	(3.91 %)
2020	0.42 %	4.01 %	(18.21 %)
2021	16.75 %	17.99 %	1.15 %
2022	15.30 %	17.31 %	1.56 %
2023	12.36 %	9.17 %	(12.06 %)

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	27.43 %	18.62 %	12.29 %
Q2 2015	29.44 %	21.90 %	16.22 %
Q3 2015	27.12 %	16.58 %	8.58 %
Q4 2015	15.79 %	9.03 %	3.81 %
Q1 2016	25.97 %	18.53 %	12.82 %
Q2 2016	18.95 %	10.91 %	4.01 %
Q3 2016	21.78 %	11.53 %	3.44 %
Q4 2016	22.84 %	10.76 %	6.12 %
Q1 2017	26.59 %	18.48 %	11.23 %
Q2 2017	19.96 %	10.70 %	3.19 %
Q3 2017	23.61 %	12.06 %	3.61 %
Q4 2017	3.80 %	(7.24 %)	(15.46 %)
Q1 2018	28.35 %	20.75 %	13.50 %
Q2 2018	19.62 %	9.96 %	0.79 %
Q3 2018	22.43 %	10.99 %	0.02 %
Q4 2018	3.22 %	(1.85 %)	(13.03 %)
Q1 2019	29.30 %	32.85 %	13.28 %
Q2 2019	14.85 %	22.47 %	(1.97 %)
Q3 2019	20.02 %	24.75 %	(8.21 %)
Q4 2019	4.32 %	5.32 %	(28.45 %)
Q1 2020	(24.20 %)	(13.01 %)	(78.05 %)
Q2 2020	12.09 %	15.37 %	(11.16 %)
Q3 2020	20.85 %	23.28 %	(1.53 %)
Q4 2020	(23.88 %)	(22.36 %)	(15.63 %)
Q1 2021	19.56 %	19.44 %	2.52 %
Q2 2021	17.07 %	19.11 %	(0.46 %)
Q3 2021	16.68 %	16.01 %	0.77 %
Q4 2021	-	-	-
Q1 2022	13.08 %	17.21 %	1.50 %
Q2 2022	14.08 %	12.48 %	2.51 %
Q3 2022	13.27 %	21.11 %	1.86 %
Q4 2022	22.79 %	20.27 %	(0.27 %)
Q1 2023	11.72 %	10.91 %	(7.39 %)
Q2 2023	20.95 %	19.81 %	5.96 %
Q3 2023	7.48 %	9.50 %	(19.32 %)
Q4 2023	8.85 %	(3.05 %)	(40.65 %)
Q1 2024	8.81 %	6.36 %	(14.28 %)
Q2 2024	16.63 %	15.63 %	(4.00 %)
Q3 2024	10.62 %	9.84 %	(5.54 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2015	114.77	7.17	7.33	20.84
Q2 2015	114.77	7.23	7.66	22.71
Q3 2015	114.77	7.10	7.82	22.66
Q4 2015	114.77	5.37	6.57	22.73
Q1 2016	114.77	5.47	7.01	23.45
Q2 2016	114.77	3.35	4.62	23.76
Q3 2016	114.77	2.98	3.96	22.86
Q4 2016	114.77	3.71	4.21	18.41
Q1 2017	114.77	3.79	3.79	25.99
Q2 2017	114.77	3.26	3.62	25.84
Q3 2017	114.77	3.26	3.62	26.00
Q4 2017	114.77	0.90	1.26	19.59
Q1 2018	114.77	1.05	1.41	21.71
Q2 2018	114.77	1.08	1.08	21.81
Q3 2018	114.77	0.88	0.65	22.01
Q4 2018	114.77	1.26	1.04	21.59
Q1 2019	114.77	1.04	0.88	23.52
Q2 2019	114.77	0.72	0.58	22.93
Q3 2019	114.77	0.79	(0.35)	23.25
Q4 2019	114.77	(5.72)	(1.82)	14.07
Q1 2020	114.77	(12.25)	(7.67)	9.81
Q2 2020	114.77	(12.87)	(8.61)	8.74
Q3 2020	114.77	(14.29)	(7.87)	7.63
Q4 2020	114.77	(9.50)	(6.72)	4.81
Q1 2021	114.77	(4.52)	(2.50)	5.31
Q2 2021	114.77	(3.47)	(1.40)	5.52
Q3 2021	114.77	(2.20)	(1.13)	5.69
Q4 2021	114.77	-	-	2.71
Q1 2022	114.77	-	-	2.71
Q2 2022	114.77	-	-	5.89
Q3 2022	114.77	-	-	3.51
Q4 2022	114.77	0.34	0.75	3.82
Q1 2023	114.77	0.22	(0.29)	3.19
Q2 2023	114.77	1.30	0.08	4.53
Q3 2023	114.77	(0.65)	(1.95)	2.71
Q4 2023	114.77	(10.26)	(5.51)	(6.78)
Q1 2024	114.77	(11.10)	(6.27)	(8.53)
Q2 2024	114.77	(11.85)	(7.45)	(7.88)
Q3 2024	114.77	(9.92)	(6.20)	(7.04)

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	114.77	7.00	7.00	20.91
2015	114.77	5.37	6.57	22.73
2016	114.77	3.71	4.21	18.41
2017	114.77	0.90	1.26	19.59
2018	114.77	1.26	1.04	21.59
2019	114.77	(5.72)	(1.82)	14.07
2020	114.77	(9.50)	(6.72)	4.81
2021	114.77	0.39	0.59	2.71
2022	114.77	0.34	0.75	3.82
2023	114.77	(10.26)	(5.50)	(6.78)

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	24.68	24.12	8.49
Q2 2015	24.81	23.41	7.90
Q3 2015	16.90	15.33	5.29
Q4 2015	24.10	19.69	5.69
Q1 2016	13.92	10.87	3.25
Q2 2016	24.42	17.71	3.44
Q3 2016	20.62	15.53	2.69
Q4 2016	18.17	16.01	3.66
Q1 2017	15.54	15.54	2.26
Q2 2017	23.59	21.26	2.98
Q3 2017	24.22	21.83	3.04
Q4 2017	61.70	44.17	2.84
Q1 2018	46.73	34.83	2.26
Q2 2018	44.06	44.06	2.17
Q3 2018	48.47	65.43	1.94
Q4 2018	31.92	38.60	1.87
Q1 2019	43.09	51.27	1.91
Q2 2019	58.40	72.72	1.83
Q3 2019	60.01	NEG	2.03
Q4 2019	NEG	NEG	3.33
Q1 2020	NEG	NEG	3.27
Q2 2020	NEG	NEG	3.96
Q3 2020	NEG	NEG	5.56
Q4 2020	NEG	NEG	8.30
Q1 2021	NEG	NEG	7.76
Q2 2021	NEG	NEG	8.33
Q3 2021	NEG	NEG	6.69
Q4 2021	-	-	10.50
Q1 2022	-	-	10.05
Q2 2022	-	-	3.53
Q3 2022	-	-	5.30
Q4 2022	45.12	20.59	4.06
Q1 2023	70.25	NEG	4.76
Q2 2023	12.30	More than 100	3.54
Q3 2023	NEG	NEG	7.68
Q4 2023	NEG	NEG	(2.60)
Q1 2024	NEG	NEG	(1.93)
Q2 2024	NEG	NEG	(1.04)
Q3 2024	NEG	NEG	(1.49)

Period	P/E	Adjusted P/E	Price/book
2014	25.89	25.89	8.66
2015	24.10	19.69	5.69
2016	18.17	16.01	3.66
2017	61.69	44.17	2.84
2018	31.92	38.60	1.87
2019	NEG	NEG	3.33
2020	NEG	NEG	8.30
2021	73.12	48.10	10.50
2022	45.12	20.59	4.06
2023	NEG	NEG	(2.60)

Business Segments (Million)

Compared With The

Period	Fashion Retail	Indoor Entertainment	Food and Beverages
Q1 2016	2,174.25	15.68	-
Q2 2016	1,654.59	10.67	-
Q1 2017	2,051.25	18.69	-
Q2 2017	1,487.68	15.87	-
Q3 2017	1,349.77	-	-
Q4 2017	1,146.74	46.52	-
Q1 2018	1,826.98	18.75	-
Q2 2018	1,254.22	19.75	-
Q3 2018	1,213.86	19.67	-
Q4 2018	1,108.20	(35.63)	-
Q1 2019	1,714.68	17.71	-
Q2 2019	1,217.02	17.57	-
Q3 2019	1,270.18	19.60	-
Q4 2019	1,012.92	19.35	52.76
Q1 2020	545.73	0.07	19.14
Q2 2020	1,078.98	0.75	105.88
Q3 2020	1,228.32	2.02	119.36
Q4 2020	1,033.78	2.39	96.09
Q1 2021	1,583.17	9.94	107.10
Q2 2021	1,218.62	12.89	130.27
Q3 2021	1,322.93	12.58	130.87
Q1 2022	1,240.75	16.42	129.56
Q2 2022	1,574.76	15.25	115.64
Q3 2022	1,220.42	15.25	137.20
Q4 2022	944.33	16.81	98.96
Q1 2023	1,214.90	22.81	93.06
Q2 2023	1,313.99	16.45	96.35
Q3 2023	899.23	15.74	98.97
Q4 2023	903.56	17.08	90.80
Q1 2024	1,221.82	21.54	86.46
Q2 2024	1,161.62	15.39	83.63
Q3 2024	1,029.50	14.89	80.68

Period	Fashion Retail	Indoor Entertainment	Food and Beverages
2015	6,897.43	46.14	-
2016	6,614.39	77.28	-
2017	6,035.44	81.08	-
2018	5,403.27	22.53	-
2019	5,214.80	74.23	52.76
2020	3,886.81	5.23	340.48
2021	5,365.47	51.83	497.79
2022	4,980.26	63.74	481.34
2023	4,780.97	72.08	379.19

Analysts Estimates (Million)

Item	Q3 2024 (e)	Q3 2024 (a)	Change‬
Average	(94.00)	17.71	118.84 %

Estimates vs Actual (Million)

Item	Q3 2024 (e)	Q3 2024 (a)	Change
Al Rajhi Capital	(94.00)	17.71	118.8 %

Financial Ratios

	Current
Market Cap (M Riyal)	1,382.19
Enterprise Value (EV) (M)	3,093.78
Shares Outstanding ((M))	114.80
EPS ( Riyal) (TTM)	(9.92)
Book Value (BV) ( Riyal)	(7.04)
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	(1.71)
Return on Average Assets (%) (TTM)	(19.50 )
Return on Average Equity (%) (TTM)	-

Fawaz Abdulaziz Alhokair Co. (CENOMI RETAIL)

All
Above Expectations
Below Expectations

Company	Estimated	Actual	Change
CENOMI RETAIL	(94.00)	17.71	118.8 %
CENOMI CENTERS	259.80	334.65	28.8 %
DALLAH HEALTH	125.18	126.15	0.8 %
ALMAWARID	25.80	17.10	(33.7 %)
MIS	35.23	16.73	(52.5 %)
SPIMACO	23.50	(8.03)	(134.2 %)

Company	Estimated	Actual	Change
CENOMI RETAIL	(94.00)	17.71	118.8 %
CENOMI CENTERS	259.80	334.65	28.8 %
DALLAH HEALTH	125.18	126.15	0.8 %

Company	Estimated	Actual	Change
SPIMACO	23.50	(8.03)	(134.2 %)
MIS	35.23	16.73	(52.5 %)
ALMAWARID	25.80	17.10	(33.7 %)

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Cenomi Retail 9M 2024 net loss narrows to SAR 48.3M; Q3 profit at SAR 19.3M

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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) 2024 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Fawaz Abdulaziz Alhokair Co. (CENOMI RETAIL)

Quarterly Actuals vs Estimates 10/11/202411/11/2024

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Cenomi Retail 9M 2024 net loss narrows to SAR 48.3M; Q3 profit at SAR 19.3M

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) Q3 2024

Revenue by Business Segment (Latest) 2024 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Fawaz Abdulaziz Alhokair Co. (CENOMI RETAIL)

Quarterly Actuals vs Estimates 10/11/202411/11/2024

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Business Segments (Million)