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Trading Information in the Regular Market

2020 2019 2018
Par Value/Share (JD) 1.00 1.00 1.00
Closing Price (JD) 2.07 1.48 1.59
Value Traded (JD) 80,192,433 41,088,733 44,320,514
No. of Shares Traded 47,536,813 24,984,943 24,149,560
No. of Transactions 11,326 9,454 18,080
No. of Subscribed Shares 42,065,129 42,065,129 42,065,129
Market Capitalization (JD) 87,074,817 62,256,391 66,883,555
Fiscal Year Ended 31/12/2020 31/12/2019 31/12/2018

Assets (JD)

2020 2019 2018
Current Assets
Cash on Hand & at Banks 506,717 247,386 11,920,402
Financial Assets at Fair Value Through Profit 0 0 0
Real Estate Ready for Sale 0 0 0
Cheques to Be Collected 0 0 0
Other Current Assets 289,554 354,070 436,373
Total Current Assets 18,261,607 18,488,232 20,224,228
Non-Current Assets
Investments in Real Estates 40,415,441 40,820,060 42,542,092
Financial Assets at Fair Value Through Other Comprehensive Income 6,210,729 4,999,690 2,909,575
Fixed Assets, Net 2,499,830 2,506,128 2,562,830
Projects in Progress 3,090,971 3,080,376 3,070,911
Investments in Companies (Sister and Affiliate) 0 0 0
Other Non-Current Assets 0 0 0
Total Non-Current Assets 52,216,971 51,406,254 51,085,408
Total Assets 70,478,578 69,894,486 71,309,636

Liabilities (JD)

2020 2019 2018
Current Liabilities
Credit Banks 0 0 0
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 2,920,064 2,833,902 2,288,082
Other Current Liabilities 3,302,921 2,996,329 2,304,145
Total Current Liabilities 7,122,049 6,148,007 4,760,515
Non-Current Liabilities
Long Term Loan 11,708,595 11,990,774 13,772,246
Corporate Bonds 0 0 0
Other Non-Current Liabilities 796,398 0 0
Total Non-Current Liabilities 12,504,993 11,990,774 13,772,246
Total Liabilities 19,627,042 18,138,781 18,532,761

Shareholders Equity (JD)

2020 2019 2018
Authorized Capital 42,065,129 42,065,129 42,065,129
Subscribed Capital 42,065,129 42,065,129 42,065,129
Paid in Capital 42,065,129 42,065,129 42,065,129
Compulsory Reserves 2,174,694 2,174,694 2,082,418
Voluntary Reserve 1,495,745 1,495,745 1,495,745
Other Reserves 1,309,287 1,309,287 1,309,287
Issuance Premium 4,253,659 4,253,659 4,253,659
Issuance Discount 0 0 0
Treasury Stocks 0 0 0
Cash Dividends 0 0 0
Stock Dividends 0 0 0
Accumulated Change in Fair Value -1,760,929 -1,771,859 -1,060,182
Retained Earnings 1,313,951 2,229,050 2,630,819
Total Owners' Equity (Pertaining to Company's Shareholders) 50,851,536 51,755,705 52,776,875
Non-controlling Interest 0 0 0
Total Owners' Equity 50,851,536 51,755,705 52,776,875
Total Liabilities & Owners' Equity 70,478,578 69,894,486 71,309,636

Income Statement (JD)

2020 2019 2018
Revenues
Lands and Apartments Sales Revenue 0 444,699 0
Rents and Services Revenue 3,127,109 2,822,862 2,833,127
Real Estate Revaluation 0 0 0
Total Operating Revenues 3,127,109 3,267,561 2,833,127
Profits From Sales of Securities 0 0 0
Securities Revaluation 0 0 0
Dividends 0 0 0
Companies Share of Sister and Affiliate Companies Profit 0 0 0
Other Revenues 1,200 0 2,808,326
Total Revenues 3,128,309 3,267,561 5,641,453
Expenses
Lands and Apartments Sales Expense 0 0 0
Rents and Services Expense 490,438 494,756 484,180
General and Administrative Expenses 601,129 592,081 618,336
Depreciation 490,167 489,830 492,357
Contingent Liabilities Provision 808,171 0 0
Other Operating Expenses 0 0 84,894
Total Operating Expenses 1,899,738 1,086,837 1,187,410
Other Expenses 0 6,280 9,884
Profit Before Interest, Income Tax and Fees Expenses 1,228,571 2,174,444 4,444,159
Interest Expense 1,313,399 1,251,680 791,922
Profit Before Tax and Fees Expenses -84,828 922,764 3,652,237
Jordanian Universities Fees 0 0 0
Scientific Research Fees 0 0 0
Professional and Technical Training and Education Fees 0 0 0
Board Members Remuneration 0 0 0
Previous Years Income Tax 673,339 0 112,624
Income Tax 30,796 116,924 41,423
Net Profit -788,963 805,840 3,498,190
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -788,963 805,840 3,498,190

Cash Flow (JD)

2020 2019 2018
Cash Balance (Beginning) 247,386 11,920,402 -54,110
Net Cash Flow from (Used in) Operating Activities 3,494,356 3,285,752 770,967
Net Cash Flow from (Used in) Investing Activities -1,416,090 -2,537,343 3,292,480
Net Cash Flow from (Used in) Financing Activities -1,818,935 -12,421,425 7,911,065
Cash Balance (Ending) 506,717 247,386 11,920,402

Financial Ratios

2020 2019 2018
Turnover Ratio % 113.010 59.400 57.410
Earnings Per Share (JD) -0.020 0.020 0.080
Dividends Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 1.210 1.230 1.250
Price Earnings Ratio (Times) -110.370 77.260 19.120
Dividend Yield % 0.000 0.000 0.000
Dividends Per Share to Earnings Per Share % 0.000 0.000 0.000
Price to Book Value (Times) 1.710 1.200 1.270
Return On Assets % -1.120 1.150 4.910
Return On Equity % -1.550 1.560 6.630
Debt Ratio % 27.850 25.950 25.990
Equity Ratio % 72.150 74.050 74.010
Interest Coverage Ratio (Times) 0.940 1.740 5.610
Total Assets Turnover (Times) 0.040 0.050 0.040
Fixed Assets Turnover (Times) 1.250 1.300 1.110
Working Capital Turnover (Times) 0.280 0.260 0.180
Current Ratio (Times) 2.560 3.010 4.250
Working Capital (JD) 11,139,558.000 12,340,225.000 15,463,713.000