Electrical Industries’ net profit plunges 48% in nine-months 2015

19/10/2015 Argaam Exclusive

View other reports

 

Electrical Industries Co. (EIC) reported a net profit of SAR 58.22 million for the first nine months of 2015, a 48 percent drop year-on-year (YOY) due to lower sales and higher expenses.



Financials (M)

Item 9m 2014 9m 2015 Change‬
Revenues 816.55 588.29 (28.0 %)
Gross Income 184.48 110.60 (40.0 %)
Operating Income 122.17 60.46 (50.5 %)
Net Income 112.87 58.22 (48.4 %)
Average Shares 1,125.00 1,125.00 -
EPS (Halala) 10.03 5.17 (48.4 %)

 

The company reported a net income of SAR 9.47 million in Q3 this year, a 25.5 percent drop compared to the same quarter last year.



Current Quarter Comparison (M)

Compared With The
Item Q3 2014 Q3 2015 Change‬
Revenues 164.51 191.27 16.3 %
Gross Income 32.38 32.86 1.5 %
Operating Income 15.64 14.23 (9.0 %)
Net Income 12.71 9.47 (25.5 %)
Average Shares 1,125.00 1,125.00 -
EPS (Halala) 1.13 0.84 (25.5 %)


Financial results (Million)

Period Revenues Change Gross Income Change Net Income Change EPS(Halala)
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 305.08 - 75.09 - 50.37 - 4.48
Q2 2013 338.91 - 53.30 - 27.13 - 2.41
Q3 2013 269.85 - 44.06 - 22.35 - 1.99
Q4 2013 371.41 - 93.81 - 66.11 - 5.88
Q1 2014 346.75 13.7 % 79.63 6.0 % 55.49 10.2 % 4.93
Q2 2014 305.29 (9.9 %) 72.48 36.0 % 44.67 64.7 % 3.97
Q3 2014 164.51 (39.0 %) 32.38 (26.5 %) 12.71 (43.1 %) 1.13
Q4 2014 230.30 (38.0 %) 67.16 (28.4 %) 58.99 (10.8 %) 5.24
Q1 2015 200.41 (42.2 %) 39.30 (50.6 %) 28.79 (48.1 %) 2.56
Q2 2015 196.60 (35.6 %) 38.45 (47.0 %) 19.96 (55.3 %) 1.77
Q3 2015 191.27 16.3 % 32.86 1.5 % 9.47 (25.5 %) 0.84

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
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 - - -
Q3 2013 - - -
Q4 2013 20.72 % 15.68 % 12.91 %
Q1 2014 20.41 % 15.37 % 12.84 %
Q2 2014 22.42 % 17.41 % 14.35 %
Q3 2014 23.43 % 17.69 % 15.59 %
Q4 2014 24.04 % 18.85 % 15.78 %
Q1 2015 23.47 % 18.36 % 14.73 %
Q2 2015 22.39 % 17.56 % 13.55 %
Q3 2015 21.72 % 16.86 % 11.61 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Halala) Adjusted EPS (Halala) Book Value (BV)
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 1,125.00 - - 0.48
Q2 2013 1,125.00 - - 0.46
Q3 2013 1,125.00 - - 0.48
Q4 2013 1,125.00 14.75 14.75 0.48
Q1 2014 1,125.00 15.21 15.14 0.53
Q2 2014 1,125.00 16.77 16.50 0.49
Q3 2014 1,125.00 15.91 16.47 0.50
Q4 2014 1,125.00 15.28 14.69 0.56
Q1 2015 1,125.00 12.90 11.79 0.58
Q2 2015 1,125.00 10.71 9.54 0.54
Q3 2015 1,125.00 10.42 8.45 0.55

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
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 - - -
Q3 2013 - - -
Q4 2013 - - -
Q1 2014 - - -
Q2 2014 - - -
Q3 2014 - - -
Q4 2014 14.57 15.16 4.00
Q1 2015 17.70 19.36 3.92
Q2 2015 20.77 23.32 4.12
Q3 2015 15.94 19.65 3.03

Business Segments (Million)

Compared With The
Period Manufacturing sector services segment
Q1 2013 293.58 11.50
Q4 2013 353.76 17.65
Q1 2014 330.07 16.68
Q2 2014 290.20 15.09
Q3 2014 149.70 14.82
Q4 2014 208.78 21.52
Q1 2015 179.38 21.03
Q2 2015 182.40 14.20
Q3 2015 181.75 9.53

Current
Market Cap (M Riyal) 6,615.00
Enterprise Value (EV) (M) 6,806.96
Shares Outstanding ((M)) 1,125.00
EPS (Halala) (TTM) 21.43
Book Value (BV) ( Riyal) 0.65
Par Value ( Halala) 50.00
Adjusted P/E (Last12) 26.33
P/E (TTM) 27.43
Price/book 9.00
Return on Average Assets (%) (TTM) 13.0
Return on Average Equity (%) (TTM) 34.4

Share Price

Electrical Industries Co. (EIC)


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.