Fitaihi Group’s net profit drops 28% in nine-months 2015

18/10/2015 Argaam Exclusive

View other reports

Share Price

Fitaihi Holding Group (FITAIHI GROUP)

Fitaihi Holding Group (Fitaihi Group) reported a net profit of SAR 44.3 million for the first nine month of 2015; a 28 percent year-on-year drop it mainly attributed to double digit declines in sales and investment earnings.

Financials (M)

Item	9m 2014	9m 2015	Change‬
Revenues	226.84	197.67	(12.9 %)
Gross Income	110.83	97.27	(12.2 %)
Operating Income	25.17	10.70	(57.5 %)
Net Income	61.41	48.05	(21.8 %)
Average Shares	275.00	275.00	-
EPS (Riyals)	0.22	0.17	(21.8 %)

The company’s third-quarter net profit plunged 55 percent to SAR 5.8 million when compared to the same period last year.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2014	Q3 2015	Change‬
Revenues	77.36	56.72	(26.7 %)
Gross Income	37.59	27.80	(26.0 %)
Operating Income	6.16	(4.47)	(172.6 %)
Net Income	12.83	9.72	(24.3 %)
Average Shares	275.00	275.00	-
EPS (Riyals)	0.05	0.04	(24.3 %)

Item	Q2 2015	Q3 2015	Change‬
Revenues	72.01	56.72	(21.2 %)
Gross Income	35.82	27.80	(22.4 %)
Operating Income	8.17	(4.47)	(154.8 %)
Net Income	21.54	9.72	(54.9 %)
Average Shares	275.00	275.00	-
EPS (Riyals)	0.08	0.04	(54.9 %)

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
Q1 2006	21.89	(26.2 %)	8.36	(21.0 %)	5.06	4.9 %	0.02
Q2 2006	30.98	(2.3 %)	13.79	(1.2 %)	2.65	(3.4 %)	0.01
Q3 2006	19.51	18.2 %	9.77	20.4 %	0.22	141.2 %	0.00
Q4 2006	38.11	(9.2 %)	16.60	(6.0 %)	3.11	(54.6 %)	0.01
2006	110.49	(7.8 %)	48.51	(3.6 %)	11.04	(20.5 %)	0.04
Q1 2007	23.29	6.4 %	10.89	30.3 %	0.31	(93.8 %)	0.00
Q2 2007	35.60	14.9 %	14.94	8.4 %	(3.36)	(226.7 %)	(0.01)
Q3 2007	19.78	1.4 %	8.74	(10.6 %)	(1.97)	(1000.5 %)	(0.01)
Q4 2007	40.90	7.3 %	16.21	(2.3 %)	5.85	88.0 %	0.02
2007	119.56	8.2 %	50.78	4.7 %	0.83	(92.5 %)	0.00
Q1 2008	39.03	67.6 %	16.13	48.1 %	8.66	2667.1 %	0.03
Q2 2008	63.88	79.5 %	26.77	79.2 %	13.99	516.5 %	0.05
Q3 2008	51.24	159.0 %	23.13	164.7 %	2.70	236.9 %	0.01
Q4 2008	40.11	(1.9 %)	17.29	6.7 %	(6.18)	(205.6 %)	(0.02)
2008	194.27	62.5 %	83.32	64.1 %	19.18	2210.5 %	0.07
Q1 2009	36.84	(5.6 %)	17.02	5.6 %	6.36	(26.6 %)	0.02
Q2 2009	40.21	(37.1 %)	17.92	(33.1 %)	4.81	(65.6 %)	0.02
Q3 2009	40.72	(20.5 %)	17.90	(22.6 %)	1.59	(41.2 %)	0.01
Q4 2009	34.30	(14.5 %)	15.86	(8.3 %)	(2.44)	60.4 %	(0.01)
2009	152.06	(21.7 %)	68.70	(17.6 %)	10.31	(46.2 %)	0.04
Q1 2010	36.05	(2.1 %)	17.29	1.6 %	12.70	99.8 %	0.05
Q2 2010	36.13	(10.1 %)	17.30	(3.4 %)	2.08	(56.9 %)	0.01
Q3 2010	46.52	14.2 %	21.05	17.6 %	2.48	56.1 %	0.01
Q4 2010	47.47	38.4 %	22.22	40.1 %	4.50	284.0 %	0.02
2010	166.16	9.3 %	77.86	13.3 %	21.75	110.9 %	0.08
Q1 2011	49.57	37.5 %	23.48	35.8 %	13.20	3.9 %	0.05
Q2 2011	61.55	70.4 %	29.59	71.1 %	9.80	372.0 %	0.04
Q3 2011	48.85	5.0 %	26.09	24.0 %	5.34	115.3 %	0.02
Q4 2011	46.85	(1.3 %)	23.60	6.2 %	(74.60)	(1758.4 %)	(0.27)
2011	206.82	24.5 %	102.77	32.0 %	(46.27)	(312.7 %)	(0.17)
Q1 2012	68.09	37.4 %	34.99	49.0 %	17.73	34.4 %	0.06
Q2 2012	61.68	0.2 %	32.63	10.2 %	11.68	19.2 %	0.04
Q3 2012	57.95	18.6 %	29.49	13.0 %	6.44	20.6 %	0.02
Q4 2012	66.28	41.5 %	26.65	12.9 %	(1.77)	97.6 %	(0.01)
2012	254.00	22.8 %	123.75	20.4 %	34.08	173.7 %	0.12
Q1 2013	66.80	(1.9 %)	32.75	(6.4 %)	19.32	8.9 %	0.07
Q2 2013	64.40	4.4 %	35.32	8.2 %	11.86	1.5 %	0.04
Q3 2013	63.50	9.6 %	33.59	13.9 %	5.21	(19.1 %)	0.02
Q4 2013	54.70	(17.5 %)	21.82	(18.1 %)	(0.67)	62.4 %	0.00
2013	249.38	(1.8 %)	123.47	(0.2 %)	35.72	4.8 %	0.13
Q1 2014	74.78	11.9 %	36.69	12.1 %	24.13	24.9 %	0.09
Q2 2014	74.71	16.0 %	36.54	3.5 %	24.45	106.2 %	0.09
Q3 2014	77.36	21.8 %	37.59	11.9 %	12.83	146.4 %	0.05
Q4 2014	71.61	30.9 %	32.08	47.0 %	8.73	1411.3 %	0.03
2014	298.45	19.7 %	142.90	15.7 %	70.15	96.4 %	0.26
Q1 2015	68.94	(7.8 %)	33.65	(8.3 %)	16.79	(30.4 %)	0.06
Q2 2015	72.01	(3.6 %)	35.82	(2.0 %)	21.54	(11.9 %)	0.08
Q3 2015	56.72	(26.7 %)	27.80	(26.0 %)	9.72	(24.3 %)	0.04

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
2005	119.85	(9.7 %)	50.31	7.5 %	13.89	(7.5 %)	0.05
2006	110.49	(7.8 %)	48.51	(3.6 %)	11.04	(20.5 %)	0.04
2007	119.56	8.2 %	50.78	4.7 %	0.83	(92.5 %)	0.00
2008	194.27	62.5 %	83.32	64.1 %	19.18	2210.5 %	0.07
2009	152.06	(21.7 %)	68.70	(17.6 %)	10.31	(46.2 %)	0.04
2010	166.16	9.3 %	77.86	13.3 %	21.75	110.9 %	0.08
2011	206.82	24.5 %	102.77	32.0 %	(46.27)	(312.7 %)	(0.17)
2012	254.00	22.8 %	123.75	20.4 %	34.08	173.7 %	0.12
2013	249.38	(1.8 %)	123.47	(0.2 %)	35.72	4.8 %	0.13
2014	298.45	19.7 %	142.90	15.7 %	70.15	96.4 %	0.26

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2006	42.90 %	16.32 %	12.60 %
Q2 2006	43.04 %	13.96 %	12.60 %
Q3 2006	43.36 %	13.41 %	12.93 %
Q4 2006	43.91 %	12.16 %	9.99 %
2006	43.91 %	12.16 %	9.99 %
Q1 2007	45.62 %	11.95 %	5.63 %
Q2 2007	44.80 %	12.73 %	0.24 %
Q3 2007	43.81 %	10.38 %	(1.63 %)
Q4 2007	42.47 %	(3.29 %)	0.69 %
2007	42.47 %	(3.29 %)	0.69 %
Q1 2008	41.40 %	0.44 %	6.78 %
Q2 2008	41.47 %	5.19 %	16.22 %
Q3 2008	42.16 %	10.46 %	16.00 %
Q4 2008	42.89 %	17.53 %	9.87 %
2008	42.89 %	17.53 %	9.87 %
Q1 2009	43.85 %	17.68 %	8.78 %
Q2 2009	44.75 %	17.73 %	4.57 %
Q3 2009	44.42 %	14.86 %	4.17 %
Q4 2009	45.17 %	14.21 %	6.78 %
2009	45.18 %	14.21 %	6.78 %
Q1 2010	45.59 %	13.99 %	10.04 %
Q2 2010	46.43 %	11.96 %	9.46 %
Q3 2010	46.73 %	12.84 %	9.68 %
Q4 2010	46.86 %	15.75 %	13.09 %
2010	46.86 %	15.75 %	13.09 %
Q1 2011	46.78 %	17.10 %	13.20 %
Q2 2011	46.97 %	18.34 %	14.61 %
Q3 2011	48.87 %	19.12 %	15.83 %
Q4 2011	49.69 %	15.62 %	8.73 %
2011	49.69 %	15.62 %	8.73 %
Q1 2012	50.71 %	17.72 %	10.03 %
Q2 2012	52.03 %	18.71 %	10.86 %
Q3 2012	51.46 %	18.63 %	10.91 %
Q4 2012	48.72 %	20.58 %	15.86 %
2012	48.72 %	20.58 %	15.86 %
Q1 2013	48.08 %	18.62 %	16.57 %
Q2 2013	48.63 %	18.83 %	16.46 %
Q3 2013	49.16 %	18.46 %	15.64 %
Q4 2013	49.51 %	16.17 %	12.06 %
2013	49.51 %	16.17 %	12.06 %
Q1 2014	49.51 %	15.89 %	13.49 %
Q2 2014	48.06 %	14.32 %	12.62 %
Q3 2014	47.12 %	13.07 %	13.81 %
Q4 2014	47.88 %	14.12 %	18.06 %
2014	47.88 %	14.12 %	18.06 %
Q1 2015	47.80 %	13.64 %	15.97 %
Q2 2015	47.99 %	13.73 %	19.78 %
Q3 2015	48.03 %	10.77 %	21.09 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2005	41.98 %	16.21 %	11.59 %
2006	43.91 %	12.16 %	9.99 %
2007	42.47 %	(3.29 %)	0.69 %
2008	42.89 %	17.53 %	9.87 %
2009	45.18 %	14.21 %	6.78 %
2010	46.86 %	15.75 %	13.09 %
2011	49.69 %	15.62 %	8.73 %
2012	48.72 %	20.58 %	15.86 %
2013	49.51 %	16.17 %	12.06 %
2014	47.88 %	14.12 %	18.06 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2006	38.18 %	9.78 %	23.10 %
Q2 2006	44.50 %	8.34 %	8.56 %
Q3 2006	50.10 %	11.96 %	1.12 %
Q4 2006	43.55 %	16.74 %	8.16 %
Q1 2007	46.75 %	8.90 %	1.34 %
Q2 2007	41.97 %	11.38 %	(9.44 %)
Q3 2007	44.19 %	(1.93 %)	(9.97 %)
Q4 2007	39.64 %	(23.66 %)	14.30 %
Q1 2008	41.32 %	16.90 %	22.19 %
Q2 2008	41.91 %	18.70 %	21.91 %
Q3 2008	45.15 %	22.52 %	5.27 %
Q4 2008	43.10 %	9.89 %	(15.40 %)
Q1 2009	46.22 %	17.64 %	17.25 %
Q2 2009	44.57 %	19.51 %	11.97 %
Q3 2009	43.95 %	12.64 %	3.90 %
Q4 2009	46.22 %	6.19 %	(7.12 %)
Q1 2010	47.96 %	16.81 %	31.17 %
Q2 2010	47.89 %	11.83 %	9.79 %
Q3 2010	45.26 %	15.46 %	5.33 %
Q4 2010	46.81 %	18.22 %	9.48 %
Q1 2011	47.36 %	21.39 %	26.62 %
Q2 2011	48.08 %	18.17 %	15.92 %
Q3 2011	53.41 %	18.90 %	10.92 %
Q4 2011	50.38 %	2.75 %	(21.93 %)
Q1 2012	51.38 %	26.77 %	26.04 %
Q2 2012	52.89 %	21.81 %	18.94 %
Q3 2012	50.89 %	18.53 %	11.11 %
Q4 2012	40.21 %	14.90 %	6.69 %
Q1 2013	49.02 %	19.45 %	28.92 %
Q2 2013	54.84 %	22.51 %	18.41 %
Q3 2013	52.89 %	17.04 %	8.20 %
Q4 2013	39.90 %	3.71 %	(11.53 %)
Q1 2014	49.07 %	18.13 %	32.05 %
Q2 2014	48.92 %	15.96 %	14.61 %
Q3 2014	48.59 %	12.02 %	13.31 %
Q4 2014	44.79 %	10.31 %	12.20 %
Q1 2015	48.81 %	16.39 %	24.36 %
Q2 2015	49.74 %	16.40 %	29.91 %
Q3 2015	49.02 %	(2.66 %)	17.14 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2006	275.00	0.05	0.05	2.29
Q2 2006	275.00	0.05	0.05	2.28
Q3 2006	275.00	0.05	0.05	2.28
Q4 2006	275.00	0.04	0.04	2.28
Q1 2007	275.00	0.02	0.02	2.28
Q2 2007	275.00	0.00	0.00	2.26
Q3 2007	275.00	(0.01)	(0.01)	2.26
Q4 2007	275.00	0.00	0.00	2.32
Q1 2008	275.00	0.03	0.03	2.37
Q2 2008	275.00	0.10	0.10	2.40
Q3 2008	275.00	0.11	0.11	2.17
Q4 2008	275.00	0.07	0.07	2.04
Q1 2009	275.00	0.06	0.06	2.12
Q2 2009	275.00	0.03	0.03	2.19
Q3 2009	275.00	0.02	0.02	2.25
Q4 2009	275.00	0.04	0.04	2.22
Q1 2010	275.00	0.06	0.06	2.35
Q2 2010	275.00	0.05	0.05	2.30
Q3 2010	275.00	0.05	0.05	2.37
Q4 2010	275.00	0.08	0.08	2.40
Q1 2011	275.00	0.08	0.09	2.40
Q2 2011	275.00	0.11	0.11	2.39
Q3 2011	275.00	0.12	0.12	2.37
Q4 2011	275.00	(0.17)	0.07	2.31
Q1 2012	275.00	(0.15)	0.08	2.30
Q2 2012	275.00	(0.14)	0.09	2.28
Q3 2012	275.00	(0.14)	0.09	2.39
Q4 2012	275.00	0.12	0.15	2.41
Q1 2013	275.00	0.13	0.15	2.30
Q2 2013	275.00	0.13	0.15	2.33
Q3 2013	275.00	0.13	0.15	2.47
Q4 2013	275.00	0.13	0.11	2.55
Q1 2014	275.00	0.15	0.13	2.56
Q2 2014	275.00	0.19	0.12	2.64
Q3 2014	275.00	0.22	0.14	2.70
Q4 2014	275.00	0.26	0.20	2.74
Q1 2015	275.00	0.23	0.17	2.69
Q2 2015	275.00	0.22	0.21	2.79
Q3 2015	275.00	0.21	0.21	2.78

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2005	275.00	0.05	0.05	2.28
2006	275.00	0.04	0.04	2.28
2007	275.00	0.00	0.00	2.32
2008	275.00	0.07	0.07	2.04
2009	275.00	0.04	0.04	2.22
2010	275.00	0.08	0.08	2.40
2011	275.00	(0.17)	0.07	2.31
2012	275.00	0.12	0.15	2.41
2013	275.00	0.13	0.11	2.55
2014	275.00	0.26	0.20	2.74

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2006	More than 50	More than 50	2.07
Q2 2006	More than 50	More than 50	2.47
Q3 2006	More than 50	More than 50	3.69
Q4 2006	More than 50	More than 50	1.67
Q1 2007	More than 50	More than 50	1.27
Q2 2007	More than 50	More than 50	1.40
Q3 2007	NEG	NEG	2.43
Q4 2007	More than 50	More than 50	2.37
Q1 2008	More than 50	More than 50	1.18
Q2 2008	32.09	32.09	1.29
Q3 2008	19.37	19.37	1.01
Q4 2008	23.42	23.42	0.80
Q1 2009	28.00	28.00	0.81
Q2 2009	More than 50	More than 50	1.55
Q3 2009	More than 50	More than 50	1.27
Q4 2009	More than 50	More than 50	1.03
Q1 2010	35.79	39.23	0.92
Q2 2010	38.39	38.39	0.85
Q3 2010	33.77	33.77	0.77
Q4 2010	24.07	24.07	0.79
Q1 2011	21.15	19.85	0.71
Q2 2011	17.69	17.69	0.81
Q3 2011	15.49	15.49	0.78
Q4 2011	NEG	32.05	0.91
Q1 2012	NEG	42.48	1.52
Q2 2012	NEG	24.87	0.97
Q3 2012	NEG	29.56	1.15
Q4 2012	20.54	17.38	1.06
Q1 2013	20.35	17.33	1.15
Q2 2013	19.79	16.87	1.11
Q3 2013	20.97	17.78	1.07
Q4 2013	21.90	26.00	1.12
Q1 2014	21.84	25.49	1.26
Q2 2014	19.69	30.97	1.44
Q3 2014	19.40	30.32	1.59
Q4 2014	13.87	18.04	1.29
Q1 2015	18.14	24.38	1.54
Q2 2015	19.35	20.21	1.51
Q3 2015	15.01	15.01	1.11

Period	P/E	Adjusted P/E	Price/book
2005	More than 50	More than 50	3.09
2006	More than 50	More than 50	1.67
2007	More than 50	More than 50	2.37
2008	23.42	23.42	0.80
2009	More than 50	More than 50	1.03
2010	24.07	24.07	0.79
2011	NEG	32.05	0.91
2012	20.54	17.38	1.06
2013	21.90	26.00	1.12
2014	13.87	18.04	1.29

Business Segments (Million)

Compared With The

Period	Business Activities	Investment activity

Period	Business Activities	Investment activity
2007	119.56	19.52
2008	194.27	4.27
2009	152.06	6.82
2010	166.16	12.66
2011	206.82	5.64
2012	254.00	8.93
2013	249.38	12.25
2014	298.45	49.36

Financial Ratios

	Current
Market Cap (M Riyal)	1,108.25
Enterprise Value (EV) (M)	1,101.00
Shares Outstanding ((M))	275.00
EPS ( Riyal) (TTM)	0.01
Book Value (BV) ( Riyal)	1.57
Par Value ( Riyal)	1.00
Adjusted P/E (Last12)	More than 50
P/E (TTM)	More than 50
Price/book	2.57
Return on Average Assets (%) (TTM)	0.3
Return on Average Equity (%) (TTM)	0.4

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

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

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.

Sign In

Search Result

Fitaihi Group’s net profit drops 28% in nine-months 2015

View other reports

Share Price

Fitaihi Holding Group (FITAIHI GROUP)

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (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) 2015 Q3

Financial Ratios

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

Sign In

×

Forgot password?

Fitaihi Group’s net profit drops 28% in nine-months 2015

View other reports

Share Price

Fitaihi Holding Group (FITAIHI GROUP)

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) 2015

Revenue by Business Segment (Latest) 2015 Q3

Financial Ratios

Comments {{getCommentCount()}}

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

{{comment.DisplayName}}

Business Segments (Million)