Aslak net profit rises 11% in 9M

Argaam Report: Last Updated Date (17/10/2019)

United Wire Factories Co. (Aslak) reported a net profit after zakat and tax of SAR 17.2 million for the first nine months of 2019 as compared to a net profit of SAR 15.5 million in the same period in 2018, an increase of 10.9 percent, it said in a bourse statement.

 

The figures can be attributed to an increase in sales maintaining the amount of gross profit in spite of the decline in margins, along with an improvement in selling and distribution expenses.

Financials Highlights (M)

Item 9m-2018 9m -2019 Change‬
Revenues 397.24 505.18 27.2 %
Gross Income 43.75 42.71 (2.4 %)
Operating Income 21.83 20.07 (8.0 %)
Net Income 15.54 17.23 10.9 %
Average Shares 43.88 43.88 -
EPS (Riyal) 0.35 0.39 10.9 %

In Q3 2019, the company reported a net profit after zakat and tax of SAR 1.1 million as against a net profit of SAR 0.5 million in the same period previous year on increase in sales.

 

On a sequential basis, Q3 2019 net profit slid by 81.66 percent compared to the previous quarter.

Historical Performance (M)

Period Revenues Gross Income Net Income EPS (Riyal) Earnings Growth
2019 - - - - -
2019 - Q4 - - - - -
2019 - Q3 168.29 8.42 1.10 0.03 126.08 %
2019 - Q2 144.10 13.17 6.01 0.14 (17.74 %)
2019 - Q1 192.79 21.13 10.12 0.23 30.86 %
2018 - Q4 137.73 2.40 (8.43) (0.19) (183.12 %)
2018 - Q3 106.65 8.67 0.49 0.01 (93.26 %)
2018 - Q2 145.60 15.80 7.30 0.17 1,380.73 %
2018 - Q1 145.02 19.29 7.74 0.18 0.34 %
2017 - Q4 167.01 18.76 10.14 0.23 (12.94 %)
2017 - Q3 129.98 18.95 7.23 0.16 (49.60 %)
2017 - Q2 135.13 12.19 0.49 0.01 (98.72 %)
2017 - Q1 144.64 18.76 7.71 0.18 (55.42 %)
2016 - Q4 157.39 23.72 11.65 0.27 (4.05 %)
2016 - Q3 126.19 24.12 14.34 0.33 (32.27 %)
2016 - Q2 196.81 56.48 38.61 0.88 54.84 %
2016 - Q1 209.64 32.49 17.29 0.39 23.90 %
2015 - Q4 218.49 25.51 12.14 0.28 (5.66 %)
2015 - Q3 182.92 31.98 21.17 0.48 3.85 %
2015 - Q2 268.77 37.80 24.94 0.57 (16.94 %)
2015 - Q1 233.19 25.04 13.96 0.32 (54.06 %)
2014 - Q4 206.35 21.79 12.87 0.29 (47.79 %)
2014 - Q3 204.19 28.56 20.38 0.46 (12.53 %)
2014 - Q2 262.36 37.73 30.02 0.68 (11.10 %)
2014 - Q1 279.95 39.33 30.38 0.69 (23.28 %)
2013 - Q4 229.15 32.32 24.65 0.56 (20.58 %)
2013 - Q3 225.78 32.13 23.30 0.53 9.70 %
2013 - Q2 268.15 40.66 33.77 0.77 12.04 %
2013 - Q1 278.25 45.51 39.60 0.90 20.26 %
2012 - Q4 234.64 37.79 31.04 0.71 97.39 %
2012 - Q3 209.77 26.43 21.24 0.48 (1.39 %)
2012 - Q2 283.21 35.30 30.14 0.69 (2.05 %)
2012 - Q1 277.60 38.27 32.93 0.75 (15.30 %)
2011 - Q4 234.97 21.74 15.73 0.36 (41.97 %)
2011 - Q3 187.98 25.48 21.54 0.49 (24.74 %)
2011 - Q2 226.57 34.88 30.77 0.70 (13.57 %)
2011 - Q1 205.56 42.35 38.88 0.89 59.34 %
2010 - Q4 152.22 30.02 27.10 0.62 57.01 %
2010 - Q3 133.70 34.29 28.62 0.65 67.55 %
2010 - Q2 161.54 39.27 35.60 0.81 -
2010 - Q1 123.14 28.53 24.40 0.56 -

Business Segments - Revenues (M)

Period Construction sector The civil sector
2019 - Q1 165.15 27.64
2019 - Q2 104.51 39.59
2019 - Q3 133.75 34.54
2019 - Q4 - -
2019 - -
more

Per Share Data (Riyal)

Period Shares Outstanding (M) EPS (TTM) EPS Before XO Items (TTM) Book Value (BV)
2019 - Q3 43.88 0.20 0.20 11.69
2019 - Q2 43.88 0.19 0.19 11.91
2019 - Q1 43.88 0.22 0.22 11.78
2018 - Q4 43.88 0.16 0.16 11.54
2018 - Q3 43.88 0.58 0.58 11.77
2018 - Q2 43.88 0.74 0.74 11.72
2018 - Q1 43.88 0.58 0.58 12.09
2017 - Q4 43.88 0.58 0.58 11.92
2017 - Q3 43.88 0.62 0.62 11.66
2017 - Q2 43.88 0.78 0.78 11.50
2017 - Q1 43.88 1.65 1.65 11.49
2016 - Q4 43.88 1.87 1.87 11.96
2016 - Q3 43.88 1.88 1.88 11.72
2016 - Q2 43.88 2.03 2.03 12.41
2016 - Q1 43.88 1.72 1.72 11.51
2015 - Q4 43.88 1.65 1.65 11.79
2015 - Q3 43.88 1.66 1.66 11.51
2015 - Q2 43.88 1.64 1.64 11.83
2015 - Q1 43.88 1.76 1.76 11.26
2014 - Q4 43.88 2.13 2.13 11.47
2014 - Q3 43.88 2.40 2.40 11.19
2014 - Q2 43.88 2.47 2.47 12.04
2014 - Q1 43.88 2.55 2.55 11.41
2013 - Q4 43.88 2.76 2.76 10.78
2013 - Q3 43.88 2.91 2.91 10.27
2013 - Q2 43.88 2.86 2.86 10.92
2013 - Q1 43.88 2.78 2.78 10.21
2012 - Q4 43.88 2.63 2.63 9.38
2012 - Q3 43.88 2.28 2.28 9.65
2012 - Q2 43.88 2.29 2.29 9.22
2012 - Q1 43.88 2.30 2.30 8.59
2011 - Q4 43.88 2.44 2.44 8.62
2011 - Q3 43.88 2.70 2.70 8.89
2011 - Q2 43.88 2.86 2.86 8.42
2011 - Q1 43.88 2.97 2.97 8.32
2010 - Q4 43.88 2.64 2.64 7.49
2010 - Q3 43.88 2.41 2.41 7.54
2010 - Q2 43.88 2.15 2.15 6.95
2010 - Q1 43.88 1.34 1.34 6.92

Multiple Ratios (End of Period Price)

Period P/E (TTM) P/E Before Unusual Items (TTM) Price/book
2019 - Q3 HIGH HIGH 1.29
2019 - Q2 HIGH HIGH 1.22
2019 - Q1 HIGH HIGH 1.39
2018 - Q4 HIGH HIGH 1.23
2018 - Q3 26.49 26.49 1.32
2018 - Q2 23.69 23.69 1.49
2018 - Q1 26.89 26.89 1.30
2017 - Q4 27.26 27.26 1.33
2017 - Q3 28.92 28.92 1.53
2017 - Q2 24.01 24.01 1.63
2017 - Q1 14.00 14.00 2.01
2016 - Q4 13.78 13.78 2.15
2016 - Q3 9.96 9.96 1.60
2016 - Q2 11.57 11.57 1.90
2016 - Q1 10.38 10.38 1.55
2015 - Q4 13.36 13.36 1.86
2015 - Q3 15.65 15.65 2.26
2015 - Q2 20.15 20.15 2.80
2015 - Q1 18.70 18.70 2.92
2014 - Q4 16.11 16.11 3.00
2014 - Q3 20.76 20.76 4.46
2014 - Q2 18.14 18.14 3.72
2014 - Q1 15.06 15.06 3.37
2013 - Q4 12.83 12.83 3.29
2013 - Q3 11.79 11.79 3.34
2013 - Q2 12.20 12.20 3.20
2013 - Q1 10.36 10.36 2.82
2012 - Q4 9.78 9.78 2.74
2012 - Q3 12.41 12.41 2.93
2012 - Q2 11.60 11.60 2.88
2012 - Q1 14.90 14.90 3.99
2011 - Q4 12.98 12.98 3.67
2011 - Q3 10.66 10.66 3.23
2011 - Q2 - - -
2011 - Q1 - - -
2010 - Q4 - - -
2010 - Q3 - - -
2010 - Q2 - - -
2010 - Q1 - - -

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United Wire Factories Company
14.52
0.02 0.14 %
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Financials Highlights (M)

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Business Segments

Valuation Data (Latest Share Price)

P/E (TTM) HIGH
P/E Before Unusual Items (TTM) HIGH
P/BV 1.24
Dividend Yield -
Market Cap. (M) 636.99
Return on Average Assets 1.49 %
Return on Average Equity 1.71 %

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