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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) 2.44 2.89 2.68
Value Traded (JD) 24,927,576 35,610,952 23,842,739
No. of Shares Traded 9,949,896 14,012,412 11,199,685
No. of Transactions 807 1,088 627
No. of Subscribed Shares 9,500,000 9,500,000 9,500,000
Market Capitalization (JD) 23,180,000 27,455,000 25,460,000
Fiscal Year Ended 31/12/2020 31/12/2019 31/12/2018

Assets (JD)

2020 2019 2018
Current Assets
Cash on Hand & at Banks 775 6,403 155,663
Financial Assets at Fair Value Through Profit 1,125 1,950 1,650
Real Estate Ready for Sale 0 0 0
Cheques to Be Collected 0 11,715 24,495
Other Current Assets 11,582 16,046 22,004
Total Current Assets 13,483 36,115 203,813
Non-Current Assets
Investments in Real Estates 6,859,418 7,790,476 7,790,476
Financial Assets at Fair Value Through Other Comprehensive Income 0 0 0
Fixed Assets, Net 30,407 41,202 52,306
Projects in Progress 2,615,950 2,237,575 2,237,225
Investments in Companies (Sister and Affiliate) 0 0 0
Other Non-Current Assets 118,268 118,268 118,268
Total Non-Current Assets 9,624,043 10,187,521 10,198,275
Total Assets 9,637,526 10,223,636 10,402,088

Liabilities (JD)

2020 2019 2018
Current Liabilities
Credit Banks 0 0 0
Short Term Loans 0 0 0
Accrued Part of Long Term Loans 0 0 0
Other Current Liabilities 1,507,361 1,048,447 785,004
Total Current Liabilities 1,739,617 1,078,641 841,623
Non-Current Liabilities
Long Term Loan 0 0 0
Corporate Bonds 0 0 0
Other Non-Current Liabilities 0 0 0
Total Non-Current Liabilities 0 0 0
Total Liabilities 1,739,617 1,078,641 841,623

Shareholders Equity (JD)

2020 2019 2018
Authorized Capital 9,500,000 9,500,000 9,500,000
Subscribed Capital 9,500,000 9,500,000 9,500,000
Paid in Capital 9,500,000 9,500,000 9,500,000
Compulsory Reserves 162,040 162,040 162,040
Voluntary Reserve 0 0 0
Other Reserves 0 0 0
Issuance Premium 0 0 0
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 0 0 0
Retained Earnings -1,764,131 -517,045 -101,575
Total Owners' Equity (Pertaining to Company's Shareholders) 7,897,909 9,144,995 9,560,465
Non-controlling Interest 0 0 0
Total Owners' Equity 7,897,909 9,144,995 9,560,465
Total Liabilities & Owners' Equity 9,637,526 10,223,636 10,402,088

Income Statement (JD)

2020 2019 2018
Revenues
Lands and Apartments Sales Revenue 0 0 0
Rents and Services Revenue 7,896 0 0
Real Estate Revaluation -931,058 0 0
Total Operating Revenues -923,162 0 0
Profits From Sales of Securities 3,925 0 0
Securities Revaluation 800 300 1,350
Dividends 0 0 0
Companies Share of Sister and Affiliate Companies Profit 0 0 0
Other Revenues 2,596 3,194 51,017
Total Revenues -915,841 3,494 52,367
Expenses
Lands and Apartments Sales Expense 0 0 0
Rents and Services Expense 0 0 0
General and Administrative Expenses 255,988 297,692 266,798
Depreciation 10,795 11,104 11,071
Contingent Liabilities Provision 0 0 0
Other Operating Expenses 0 0 0
Total Operating Expenses 255,988 297,692 266,798
Other Expenses 0 0 0
Profit Before Interest, Income Tax and Fees Expenses -1,171,829 -294,198 -214,431
Interest Expense 75,127 58,690 50,629
Profit Before Tax and Fees Expenses -1,246,956 -352,888 -265,060
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 130 62,582 0
Income Tax 0 0 -60,573
Net Profit -1,247,086 -415,470 -204,487
Non-controlling Interest 0 0 0
Net Income Pertaining to Shareholders -1,247,086 -415,470 -204,487

Cash Flow (JD)

2020 2019 2018
Cash Balance (Beginning) 6,403 155,663 416,049
Net Cash Flow from (Used in) Operating Activities 21,122 -248,910 -222,593
Net Cash Flow from (Used in) Investing Activities -376,750 -350 -34,912
Net Cash Flow from (Used in) Financing Activities 350,000 100,000 -2,881
Cash Balance (Ending) 775 6,403 155,663

Financial Ratios

2020 2019 2018
Turnover Ratio % 104.740 147.500 117.890
Earnings Per Share (JD) -0.130 -0.040 -0.020
Dividends Per Share (JD) 0.000 0.000 0.000
Book Value Per Share (JD) 0.830 0.960 1.010
Price Earnings Ratio (Times) -18.590 -66.080 -124.510
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) 2.930 3.000 2.660
Return On Assets % -12.940 -4.060 -1.970
Return On Equity % -15.790 -4.540 -2.140
Debt Ratio % 18.050 10.550 8.090
Equity Ratio % 81.950 89.450 91.910
Interest Coverage Ratio (Times) -15.600 -5.010 -4.240
Total Assets Turnover (Times) -0.100 0.000 0.000
Fixed Assets Turnover (Times) -30.360 0.000 0.000
Working Capital Turnover (Times) 0.530 0.000 0.000
Current Ratio (Times) 0.010 0.030 0.240
Working Capital (JD) -1,726,134.000 -1,042,526.000 -637,810.000