-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Chemanol closes at 3-year low
22/10/2023
Argaam Exclusive
AI Summary
Content Summary:
AI Summary
Content Summary: 
Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original
sources for complete details and to verify the accuracy of the information.
Methanol Chemicals Co. (Chemanol) dropped today, Oct. 22, over 2% to close at their lowest level in three years at SAR 19, after around 600,000 shares changed hands.
| Year High (SAR) | Year Low (SAR) |
| 32.65 | 18.96 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 49.70 | 8.76 |
The stock hit an intraday low of SAR 18.96.
The stock has lost about 25% year to date and nearly 62% compared to the highest share price since listing (SAR 49.70).
Market Data :
| Open | 8.70 |
| Low | 8.63 |
| High | 8.96 |
| Previous Close | 8.75 |
| Change (3M) | 19.54 % |
| Change (6M) | (11.92 %) |
| Market Value | 598.28 |
| Avg. Volume (3M) | 1,151,769.35 |
| Avg. Turnover (3M) | 10,061,522.96 |
| Avg. Transaction (3M) | 1,923.31 |
| Change(12M) | (30.16 %) |
| YTD | 20.03 % |
The company changed its capital as shown in the table below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Right Issue | 1,024.51 | 51.89% |
| 2025 | Bonus Shares | 150.00 | (77.76%) |
| 2021 | Right Issue Cancelled | 1,225.01 | 81.61% |
| 2021 | Bonus Shares | 674.51 | (44.07%) |
| 2020 | Right Issue Cancelled | 1,154.50 | 71.16% |
| 2008 | IPO | 1,206.00 | 100.00% |
Financial Performance :
Overview :
The company was established in 1989 in Jubail as a limited liability company under the name of Saudi Formaldehyde Chemical Company Limited, with capital of SAR 5.5 million, under Commercial Registration No. 2055001870. It commenced trial operations of its plant in 1991. In 2006, the company’s name was changed to Methanol Chemicals Company Ltd. Subsequently, it underwent a corporate restructuring, transitioning to a closed joint-stock company in 2007 under Commercial Registration No. ...
Follow us on
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
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.
Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 598.28 |
| Shares Outstanding ((M)) | 67.45 |
| Recurring EPS ( Riyal) (TTM) | (2.07 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 3.83 |
| Recurring P/E (TTM) | Neg |
| Price/book | 2.31 |
| Dividend Yield (%) (Last Year) | - |
| Return on Average Assets (%) (TTM) | (41.74 ) |
| Return on Average Equity (%) (TTM) | (115.44 ) |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 982.97 |
| EV/adj EBITDA | (18.67) |
| EV/Revenues | 1.50 |
Calendar :
-
13 June
General Assembly
- -
31 October
General Assembly
- -
30 June
General Assembly
- -
19 October
General Assembly
-
Call Request
Comments Analysis: