BCI posts lower net profit at SAR 16.2m in Q1 of 2013

31/03/2013 Argaam Exclusive

View other reports

Share Price

Basic Chemical Industries Co. (BCI)

Basic Chemical Industries Company (BCI), a manufacturer of Chlorine, and Hydrochloric acid, reported SAR 16.2m net profit at the end of the first quarter of 2013, a 7% decrease compared to the same quarter last year, as shown in the following table:



Current Quarter Comparison (M)

Compared With The
Item Q1 2012 Q1 2013 Change‬
Revenues 179.36 176.25 (1.7 %)
Gross Income 46.75 46.01 (1.6 %)
Operating Income 28.19 28.26 0.2 %
Net Income 17.58 16.24 (7.6 %)
Average Shares 27.50 27.50 -
EPS (Riyals) 0.64 0.59 (7.6 %)


Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Riyal)
Q1 2004 - - - - - - -
Q2 2004 - - - - - - -
Q3 2004 - - - - - - -
Q4 2004 - - - - - - -
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 116.73 - 31.24 - 6.92 - 0.25
Q2 2008 133.31 - 39.47 - 11.70 - 0.43
Q3 2008 126.40 - 33.73 - 10.81 - 0.39
Q4 2008 117.78 - 30.26 - 10.20 - 0.37
Q1 2009 130.70 12.0 % 34.28 9.7 % 12.94 87.0 % 0.47
Q2 2009 135.57 1.7 % 41.77 5.8 % 16.08 37.4 % 0.58
Q3 2009 119.67 (5.3 %) 39.91 18.3 % 14.85 37.4 % 0.54
Q4 2009 122.80 4.3 % 38.43 27.0 % 18.78 84.1 % 0.68
Q1 2010 135.39 3.6 % 40.33 17.6 % 15.92 23.0 % 0.58
Q2 2010 142.88 5.4 % 44.79 7.2 % 19.49 21.2 % 0.71
Q3 2010 129.63 8.3 % 38.82 (2.7 %) 15.29 2.9 % 0.56
Q4 2010 135.99 10.7 % 37.23 (3.1 %) 15.52 (17.4 %) 0.56
Q1 2011 150.66 11.3 % 39.85 (1.2 %) 13.73 (13.7 %) 0.50
Q2 2011 176.40 23.5 % 52.00 16.1 % 19.92 2.2 % 0.72
Q3 2011 161.43 24.5 % 42.36 9.1 % 13.83 (9.5 %) 0.50
Q4 2011 154.24 13.4 % 40.09 7.7 % 11.83 (23.8 %) 0.43
Q1 2012 179.36 19.0 % 46.75 17.3 % 17.58 28.0 % 0.64
Q2 2012 186.81 5.9 % 51.25 (1.5 %) 17.29 (13.2 %) 0.63
Q3 2012 160.72 (0.4 %) 43.18 1.9 % 14.69 6.2 % 0.53
Q4 2012 175.80 14.0 % 48.77 21.6 % 14.90 26.0 % 0.54
Q1 2013 176.25 (1.7 %) 46.01 (1.6 %) 16.24 (7.6 %) 0.59

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2004 - - -
Q2 2004 - - -
Q3 2004 - - -
Q4 2004 - - -
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 27.26 % 16.28 % 8.02 %
Q1 2009 27.10 % 17.80 % 8.98 %
Q2 2009 27.43 % 19.32 % 9.80 %
Q3 2009 29.03 % 20.76 % 10.73 %
Q4 2009 30.35 % 21.49 % 12.31 %
Q1 2010 31.25 % 22.05 % 12.78 %
Q2 2010 31.39 % 22.17 % 13.26 %
Q3 2010 30.59 % 21.46 % 13.09 %
Q4 2010 29.63 % 20.93 % 12.18 %
Q1 2011 28.74 % 20.09 % 11.45 %
Q2 2011 28.33 % 20.04 % 10.88 %
Q3 2011 27.45 % 19.27 % 10.09 %
Q4 2011 27.12 % 18.56 % 9.23 %
Q1 2012 26.99 % 18.81 % 9.41 %
Q2 2012 26.46 % 18.07 % 8.88 %
Q3 2012 26.61 % 18.18 % 9.01 %
Q4 2012 27.03 % 18.42 % 9.17 %
Q1 2013 27.05 % 18.53 % 9.02 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2004 - - - -
Q2 2004 - - - -
Q3 2004 - - - -
Q4 2004 - - - -
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 27.50 - - -
Q2 2008 27.50 - - 10.31
Q3 2008 27.50 - - 10.70
Q4 2008 27.50 1.44 1.44 11.08
Q1 2009 27.50 1.66 1.66 11.55
Q2 2009 27.50 1.82 1.82 11.73
Q3 2009 27.50 1.97 1.97 12.27
Q4 2009 27.50 2.28 2.28 12.88
Q1 2010 27.50 2.39 2.39 13.46
Q2 2010 27.50 2.51 2.51 13.17
Q3 2010 27.50 2.53 2.53 13.73
Q4 2010 27.50 2.41 2.41 14.29
Q1 2011 27.50 2.33 2.33 14.79
Q2 2011 27.50 2.34 2.34 14.51
Q3 2011 27.50 2.29 2.29 15.02
Q4 2011 27.50 2.16 2.16 15.45
Q1 2012 27.50 2.30 2.30 16.09
Q2 2012 27.50 2.20 2.20 15.72
Q3 2012 27.50 2.23 2.23 16.25
Q4 2012 27.50 2.34 2.34 16.79
Q1 2013 27.50 2.30 2.30 17.38

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2004 - - -
Q2 2004 - - -
Q3 2004 - - -
Q4 2004 - - -
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 - - 6.63
Q3 2008 - - 2.77
Q4 2008 13.21 13.21 1.72
Q1 2009 11.59 11.59 1.67
Q2 2009 16.53 16.53 2.56
Q3 2009 14.80 14.80 2.37
Q4 2009 13.26 13.26 2.34
Q1 2010 13.45 13.45 2.38
Q2 2010 11.31 11.31 2.16
Q3 2010 12.07 12.07 2.22
Q4 2010 11.63 11.63 1.96
Q1 2011 11.85 11.85 1.87
Q2 2011 11.52 11.52 1.86
Q3 2011 10.67 10.67 1.63
Q4 2011 12.84 12.84 1.79
Q1 2012 17.11 17.11 2.44
Q2 2012 12.50 12.50 1.75
Q3 2012 12.59 12.59 1.73
Q4 2012 11.44 11.44 1.60
Q1 2013 14.68 14.68 1.94

Business Segments (Million)

Compared With The
Period chemicals materials Adhesive materials and others Maintenance Chemicals and laundries Polyurethane Chemicals Hydrochloric acid and caustic soda and chlorine gas Others..
Q1 2009 - - 27.26 24.51 26.88 8.53
Q2 2009 - - 23.56 24.02 26.41 9.23
Q3 2009 - - 19.21 18.05 23.37 9.40
Q4 2009 - - 20.28 19.53 25.57 9.55
Q1 2010 - - 25.79 19.75 23.16 11.98
Q2 2010 - - 30.65 21.85 26.26 10.76
Q3 2010 - - 22.05 22.34 26.49 9.93
Q4 2010 - - 26.37 23.72 24.63 10.84
Q1 2011 - - 29.67 29.91 21.25 7.58
Q2 2011 - - 32.41 34.24 24.37 7.90
Q3 2011 - - 27.30 28.42 21.33 8.67
Q4 2011 - - 22.79 29.54 21.91 9.01
Q1 2012 - - 32.07 34.99 25.32 9.97
Q3 2012 63.75 92.24 - - - -
Q4 2012 88.34 87.46 - - - -
Q1 2013 99.78 76.48 - - - -

Current
Market Cap (M Riyal) 895.13
Enterprise Value (EV) (M) 1,188.92
Shares Outstanding ((M)) 27.50
EPS ( Riyal) (TTM) 0.36
Book Value (BV) ( Riyal) 21.55
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) Neg
P/E (TTM) More than 50
Price/book 1.51
Return on Average Assets (%) (TTM) 0.8
Return on Average Equity (%) (TTM) 1.6

Comments {{getCommentCount()}}

Be the first to comment

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